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PCGS Expands, Enhances Online Coin Price Guide

New features, including online streaming video commentary from Collectors Universe President and Co-Founder David Hall have been added to the Professional Coin Grading Service’s authoritative Rare Coin Price Guide at www.PCGS.com/prices.  All of the information is available free to the public.

The price guide includes the PCGS3000™ Coin Market Summary that tracks the values of over 3,000 different PCGS-certified coins in a wide range of grades. The new Price Changes feature lets collectors and dealers track the top ten "gainers and losers" for the previous day, as well as the previous two weeks, three months and the past year.  There also are market values for bullion coins, such as American Eagles.

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PCGS to Display Chinese Coin Dies for Counterfeit Coins

The Professional Coin Grading Service (PCGS) announced Monday the removal of a half dozen coin dies used to make counterfeit Chinese coins.

The company purchased the dies through an online auction with the purpose to stop their use in producing more counterfeit coins. They will also be used to help educate collectors, and will be displayed with fake coins at the Long Beach Coin, Stamp and Collectibles Expo held September 18 – 20, 2008.

In the announcement, PCGS indicated the dies and coins were purchased from a seller based in China. Ron Guth, President of PCGS, said:

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PCGS Returns First Strike® Inserts to Collector Club Members

The Professional Coin Grading Service (PCGS) has announced the return of First Strike® inserts to current and future submissions for members of the PCGS Collectors Club.

Ron Guth, President of PCGS, said in an e-mail announcement Tuesday,

 

“The collecting community let us know loud and clear that they wanted access to the First Strike inserts. Collectors like the First Strike program and they want the opportunity to have their own coins certified.”

 

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PCGS Announces New “Genuine” Service for Coin Collectors and Dealers

The Professional Coin Grading Service (PCGS) announced Wednesday the immediate launch of a new "Genuine" service for coin collectors and dealers. For the fee of $100 per coin, PCGS will authenticate and encapsulate problem coins — coins that have been cleaned, suffer environmental damage, altered on the surface, major scratches, etc.

It’s important to point out that coin grading is not included in the new service. The main Genuine service features offer:

  • Encasing coins in normal PCGS holders
  • Use of standard PCGS inserts
  • Use of the word “GENUINE” in place of the usual grade
  • Eligibility for inclusion in the PCGS Set Registry (with a grade value of 1)

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Teletrade Breaks Multitude of Records with Online Auction

Conducting the highest grossing auction in its 22-year history, Teletrade breaks records June 1 with total online auction sales surpassing $1.1 million and "The Green Holder Collection" realizing 100 percent sell-through.

IRVINE, Calif. – Teletrade, America’s largest fully automated Internet auction company for certified coins and currency, conducted its highest grossing online auction of certified coins in the company’s 22-year history on Sunday, June 1, 2008, realizing $1,124,253.

PCGS Green Holder Coins

The featured highlight of the auction was “The Green Holder Collection,” more than 250 coins in classic PCGS early generation holders, which achieved 100 percent sell-through.

 

“This is a spectacular accomplishment for an online coin auction to exceed $1 million, which is not only huge for Teletrade but for the industry as a whole,” said Ian Russell, president of Teletrade.

“The Internet opens up so much possibility for buying and selling coins and currency at levels of success never imagined possible, and I am so thrilled that Teletrade is leading the way in Internet certified coin auctions.”

 

Russell attributes the success of the June 1 online auction to the extraordinary quality of the coins represented in “The Green Holder Collection,” supported by a dynamic marketing campaign of print advertisements, public relations, email blasts and online promotion, as well as very well-attended lot viewing at the Long Beach Coin, Stamp & Collectible Expo in the days leading up to the auction.

 

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Teletrade To Auction Special Collection of PCGS “Green Holder” Coins on Sunday, June 1, 2008

IRVINE, Calif. – Teletrade, America’s largest fully automated Internet auction company for certified coins and currency, will auction “The Green Holder Collection” on Sunday, June 1, 2008, in online Auction #2536. The auction will be live at www.teletrade.com from 3 p.m. to 10 p.m. eastern time and will include more than 1,500 certified coin lots.

PCGS Green Holder Coins

The complete catalog will be viewable on the Teletrade website beginning Friday, May 23. Highlights from “The Green Holder Collection” will be on display at the Long Beach Expo May 29-31 at table 427.

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PCGS Displays Unique “Hot Lips” Morgan Set at Long Beach

Morgan Dollar, 1888-0 VAM-4The Professional Coin Grading Service (PCGS) will display the only complete grading set of “Hot Lips” dollars, one of the most interesting of all the different varieties in the popular Morgan dollar series (1878-1921), at the Long Beach Coin, Stamp & Collectibles Expo, May 29 - 31, 2008.

 

"Some Morgan dollars were struck at the New Orleans Mint in 1888 with a doubled die obverse that produced significant doubling of Miss Liberty’s lips, nose and chin. A faint second eyelid is also visible," explained Ron Guth, PCGS President.

 

The unusual variety is listed as 1888-O VAM-4 (for the ‘VAM’ reference book created by Morgan dollar researchers, Leroy C. Van Allen and A. George Mallis), but many collectors refer to it simply as “Hot Lips.”

PCGS will display the Ashmore “Hot Lips” grading set during the show in the Long Beach, California Convention Center.

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PCGS Announces Innovative Roll Certification Program

PCGS roll hologramProfessional Coin Grading Service (PCGS) is offering a new service, the Roll Certification Program, for rolls of Brilliant Uncirculated coins.  Certified rolls are encapsulated in a new PCGS product, the clear, durable CrystalVue™ holder, which enables easy viewing of the obverse and reverse designs as well as the coins’ edges.

 

“In 1986, PCGS revolutionized the coin market by establishing the standard for third-party grading of individual coins.  Now, with so many people collecting coins such as Presidential dollars by the roll, PCGS is revolutionizing coin collecting again with the Roll Certification Program.  It gives collectors a safe, effective method of protecting their coins for future generations while guaranteeing the authenticity and Brilliant Uncirculated grade of an entire roll,” said Ron Guth, PCGS President.

 

PCGS now is accepting for roll certification Presidential dollars submitted in Mint-sealed boxes of government-wrapped rolls, and American silver Eagles in Mint boxes.  Acceptance of additional coin denominations and series will be announced in the coming weeks.

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