Effective February 4, 2009, PCGS Currency is no longer a division of Collectors Universe, Inc.  The PCGS Currency division has been sold to a new company led by current management, including Jason W. Bradford, President, and Laura A. Kessler, Vice President.

PCGS Currency will continue to operate out of their current Newport Beach location, and clients are advised that all contact information and shipping info remains the same as before.  Submissions that are currently in-house will be graded and shipped as scheduled.  PCGS Currency will retain its website, population report data, Currency Set Registry program, as well as manage and maintain the Currency Message Boards.

"This is an exciting and important step for our company," said Bradford, who will continue in his roles as PCGS Currency President and lead grader and finalizer.  "We have passed the start-up stage of our business, and are now entering into an exciting time of growth that we feel can be managed better outside the confines of a publicly traded company.  By moving our business to a private enterprise organization, we can take advantage of increased efficiencies and reduced overhead to provide better and faster service to our clients." Read the rest of this entry »

NEWPORT BEACH, CA—Collectors Universe, Inc., a leading provider of value-added authentication and grading services to dealers and collectors of high-value collectibles, and dealers of diamonds and colored gemstones, today announced that it has sold PCGS Currency, its currency authentication and grading division for collectible currency, to a new company formed for the acquisition and led by the former president of the division, Jason W. Bradford.

Michael Haynes, the Chief Executive Officer of Collectors Universe, said, "Our currency division established an excellent brand in the collectible currency market. Read the rest of this entry »