NGC Database Helps Solving Mystery of Missing Coins
In Beaumont, Texas, coin shipments worth more than $400,000 were lost or stolen over months. Thanks to the NGC database, the police were able to track down two suspects.
PCGS Names Stephanie Sabin as Interim President
Professional Coin Grading Service has named Stephanie Sabin interim president until a successor of Brett Charville is found. Sabin brings 15 years of experience to the top of the firm.
Joe Orlando Steps Down as CEO of Collectors Universe
Joe Orlando steps down as CEO of Collectors Universe. He has spent over 20 years with the mother company of third-party coin grading firm PCGS. Nat Turner has been appointed to the role. Turner was one of the investors who acquired PCGS in 2020.
PCGS President Brett Charville Stepping Down
Brett Charville, President of Professional Coin Grading Service, will be leaving the company after two years at the helm. He will remain part of the PCGS team while a successor is selected.
Investor Group Acquires PCGS for 700 Million Dollars
Collectors Universe certainly benefits from the pandemic. Since the beginning of the year, the company quintupled its market capitalization! However, the reason for this development wasn’t the coin business but the booming collectible sports cards industry.
PCGS Uses NFC Technology to Prevent Counterfeiting
Professional Coin Grading Service will begin embedding Near Field Communication (NFC) technology in all its holders in October 2020. This enables collectors to tap these new holders with a phone, launching certification information right on the device’s screen.
New Team Members at PCGS
Professional Coin Grading Service welcomed to its team three senior collectibles experts and promoted two tenured team members. Joining the company are David Steinberger, Sanjay C. Gandhi and Cory Williams.
PCGS Banknote Grades Ultra-Rare $1,000 Grand Watermelon Note
The 1890 $1,000 Grand Watermelon was the first banknote to cross the million-dollar threshold at auction and is extremely rare. Now the piece featured on the cover of “100 Greatest American Currency Notes” has been certified and graded by PCGS Banknote.
ANA and NGC to Launch ANA Registry
The ANA and NGC have partnered to launch the ANA Registry later this year. It will allow both NGC- and PCGS-certified U.S. coins to be registered and displayed, recognizing that most U.S. coin collectors have certified coins from both services.
30 Months in Prison For Selling Counterfeit Coins
U.S. coin dealer Barry R. Skog was sentenced to 30 months in federal prison for carrying out a counterfeit fraud scheme in multiple states. He fraudulently obtained more than fifty thousand dollars. Some victims still may be unidentified.
12Page 1 of 2