PCGS re-enters note-grading game

Professional Coin Grading Service (PCGS), a U.S.-based third-party grading service, is set to resume authenticating, grading and certifying U.S. and world paper money with the launch of a new service on Jan. 2, 2020.

Collectors Universe, PCGS’ parent company, operated the now-defunct PCGS Currency from 2005-09. Its new service – dubbed “PCGS Banknote” – will use “technologically advanced noteholders for greater security,” according to a statement issued by PCGS in November.

“We are expanding our expert services to again assist collectors and dealers in the United States with paper money experts at our Southern California headquarters,” said Bruce Thornton, PCGS director of banknote grading. “All notes certified and holdered by the PCGS Banknote service have a lifetime guaranty of authenticity and grade.”

PCGS Banknote will accept submissions of all denominations and types of U.S. paper money (from colonial-era and continental currency to modern notes) for grading, re-grading, crossover or re-holdering. Qualifying notes will be evaluated on a 70-point grading scale with 27 possible grade designations ranging from Good (G04) to Mint State-70 PPQ (premium paper quality).

For more information, visit pcgs.com/banknote.

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