The investment company Blackstone has bought a majority stake in Certified Collectibles Group. Blackstone is expecting to make huge returns in the booming collectibles market. However, collectibles as a lucrative investment field is a double-edged sword.
Keith Moon, one of the top coin graders in the US returns to NGC as Senior Grading Finalizer while CCG continues their hiring push. The grading company’s target is 500 Sarasota employees by summer’s end 2021.
CCG has hired Andrew Salzberg as Executive Vice President. He comes to CCG from Asset Marketing Services, a well-known company in the US and China selling precious metal coins to collectors.
A pattern Rouble 1825 on behalf of the designated tsar Constantine realized astonishing $2.64 million. Thus it has become the most expensive world coin sold in a Stack’s Bowers auction. What makes this particular coin so special?
The Certified Collectibles Group has increased its Sarasota footprint to 82,000 square feet. This has proved necessary as the company has been hiring at a rapid pace. The collectors’ market is booming and thus demand for certification services.
Certified Collectibles Group will launch a new company in February: Certified Sports Guaranty will be specialized in the field of sports card. CCG thus enters the highly competitive market of sports cards.