PCGS Expands World Coin Program in China
For its first-ever participation at the annual Beijing International Stamp & Coin Exposition, Professional Coin Grading Service (PCGS) produced special insert labels written in Chinese for encapsulated coins distributed as souvenirs. As part of the company’s expanding international programs, Mandarin dialect marketing materials describing coin authentication and grading were produced for the first time by PCGS and distributed at the big show held October 24 – 27, 2008.
"There was high interest in the PCGS services from Chinese collectors and retailers attending the show and visiting our booth," said Muriel Eymery, Director of International Development for PCGS, a division of Collectors Universe, Inc. (NASDAQ: CLCT).
"Grading is embedded in the hobby culture in China, and collectors there value the PCGS services to help them build their collections. I was repeatedly told by collectors and dealers that PCGS-graded coins achieve higher premiums than other companies’ graded coins in the Chinese secondary market because of our conservative approach to grading and authenticating."
