Paper Money Guaranty LLC (PMG) is set to commence operations in February of 2005. The company is a division of the The Certified Collectibles Group…
Professionals Will Certify Paper Money
Money Guaranty LLC (PMG) is set to commence operations
in February of 2005. The company is a division of the
The Certified Collectibles Group, and it will provide
the same level of expertise and integrity as other CCG
companies such as Numismatic Guaranty Corporation (NGC),
Comic Guaranty LLC (CGC) and Numismatic Conservation Services
A team of skilled paper money graders has been assembled,
with Glen Jorde as the Grading Finalizer. Jorde is a Past
President of the Professional Currency Dealers Association
and continues to serve on its board.
"The creation of a truly professional and impartial paper
money grading and encapsulation service is a dream I've
shared with the people at CCG for some time," Mr. Jorde
observed. "The combination of knowledgeable people and
the finest facility is something that only CCG could put
together, and I'm delighted to be a part of it."
Glen's days as a dealer are drawing to a close. Like all
PMG employees, he is prohibited from buying and selling
paper currency. This will enable the company to maintain
its independent, third-party position, thus avoiding any
conflict of interest.
"We're really excited about PMG," stated Certified Collectibles
Group CEO Steve Eichenbaum. "For a long time the marketplace
has needed a third-party grading service whose standards
are beyond reproach and whose people possess the skills
needed to do the job properly. Collectors and dealers
will be able to buy in confidence, enjoying the same reliable
certification that coin enthusiasts have known with NGC
for many years."
Eichenbaum then added, "The creation of PMG is consistent
with our long-term vision for The Certified Collectibles
Group of providing independent, third-party grading and
authentication over a wide range of collectibles."
PMG will utilize a 70-point grading scale. It was determined
that this is the most desirable scale, as it is already
familiar to those in the numismatic field.
PMG holders will consist entirely of archival-quality
materials that provide state-of-the-art protection. Initially,
PMG will be accepting submissions of only large size and
small size United States federal currency. A schedule
of grading fees and instructions for submitting notes
to PMG will be published shortly.
PMG may be contacted by writing to P.O. Box 4711, Sarasota,
FL 34230 or by calling toll-free at 800-587-1897. PMG's
e-mail address is: [email protected].