SARASOTA, Fla., Nov. 1, 2012 (GLOBE NEWSWIRE) -- Numismatic Guaranty Corporation™ (NGC®), Numismatic Conservation Services™ (NCS®), and Paper Money Guaranty™ (PMG®) received enthusiastic praise for their presence at the 2012 Korea Money Fair from October 26 to October 28 in Seoul, Korea. NGC, NCS and PMG are members of the Certified Collectibles Group™ (CCG®).
Sponsored by the Ministry of Strategy and Finance, the Bank of Korea and Shinhan Bank, the show also received major support from Poongsan Hwadong, the official Korean submission center for NGC, NCS and PMG.
Collectors and dealers expressed a strong preference for NGC and PMG certification in Korea. At the Poongsan Hwadong auction held in conjunction with the show, more than 90 percent of the certified coins were graded by NGC. PMG enjoys similar support and has now graded more than 60,000 notes from South Korea.
The popularity of NGC and PMG in South Korea is representative of the widespread support throughout Asia. In China, for example, NGC has graded more than 500,000 coins, while PMG has graded more than 50,000 notes. NGC, NCS and PMG now have official submission centers in South Korea, China, Taiwan and Singapore.
"We are honored by the tremendous feedback we received at the Korea Money Fair," said Steven R. Eichenbaum, CEO of the Certified Collectibles Group. "I spoke to a number of collectors and dealers at the show who said they were extremely confident in the accuracy, consistency and independence of NGC and PMG grading."
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About Certified Collectibles Group™ (CCG®)
The Certified Collectibles Group (CCG) is an umbrella organization consisting of Numismatic Guaranty Corporation™ of America (NGC®), the leading grading service in rare coins; Numismatic Conservation Services™ (NCS®), the leading coin conservation service; Paper Money Guaranty™ (PMG®), the leading currency certification service; and Certified Guaranty Company™ (CGC®), the first independent and impartial third-party grading service in comics.
CCG, NGC, NCS, PMG and CGC are trademarks or registered trademarks in the United States and / or other countries. All other names and marks referenced in this release are the trade names, trademarks, or service marks of their respective owners.
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