Paper Money Guaranty (PMG) has graded 1 million notes, an industry milestone, the company said Friday, Jan. 30.
"This remarkable achievement illustrates the transformative effect that PMG has had on the hobby of paper money collecting in the last decade," stated Mark Salzberg, chairman of Certified Collectibles Group (CCG), the parent company of PMG.
Salzberg asserted that PMG adds confidence to the marketplace, and that their graded notes realize higher prices and greater liquidity.
The 1 million milestone happened in conjunction with PMG’s 10th anniversary year. Founded in 2005 and headquartered in Sarasota, Florida, the company now has offices around the world. PMG-graded international currency includes more than:
- 150,000 Chinese notes,
- 70,000 Korean notes,
- 45,000 Hong Kong notes, and
- 5,000 Malaysian notes
It has also graded nearly 25,000 Singaporean notes.
"These figures reflect PMG’s position as the market leader and the market’s widespread acceptance of PMG certification," Salzberg added.
In addition to the United States, PMG has locations in Hong Kong; Munich, Germany; Zurich, Switzerland; Shanghai and Guangzhou, China; Singapore; and Seoul, Korea
For more information, visit PMG at www.pmgnotes.com.