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PCGS Announces Expansion into China



 
 
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  #1  
Old January 8th 12, 12:40 AM posted to rec.collecting.coins
PCGS[_2_]
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Posts: 1
Default PCGS Announces Expansion into China

In a major expansion of its international services and activities, the
Professional Coin Grading Service division of Collectors Universe, Inc. has
established a Hong Kong-based authentication and grading operation. The new
Asia venture will be known as Collectors Universe (Hong Kong) Ltd. PCGS's
ability to authenticate and grade coins in Hong Kong will eliminate the
time-consuming customs issues inherent in sending coins to the U.S. to be
authenticated and graded.

PCGS officials say there's increasing acceptance and need in Asia for
impartial, independent certification of rare coins to provide reliable
protection against counterfeiting and provide confidence and security for
collectors and dealers when they buy or sell.

"World coin grading has become an important part of PCGS' business," said
Donald E. Williams, PCGS president. "As collectors around the world
understand the benefits of third-party grading, more and more of them are
seeking it out and insisting on it before they purchase a rare coin."

During the past several years, Muriel Eymery, PCGS vice president and
director of international business development, has met with numerous
leaders in the Asian coin market.

"We have been working with many dealers and collectors from China as well as
Japan, Korea, Hong Kong, Singapore and surrounding countries," said Eymery.
"We have been planning this expansion in Asia for months and decided Hong
Kong is the right place to begin.

"The first public appearance of Collectors Universe (Hong Kong) Ltd. will be
at the Hong Kong Coin Convention and Antique Watch Fair, April 6-8, 2012.
PCGS will provide on-site authentication and grading at the show as well as
during pre-show activities and auctions."

PCGS announced its expansion into Hong Kong during a presentation at the
Florida United Numismatists convention in Orlando Jan. 6.

In May 2010, it successfully opened an office in Paris, France, as part of
the company's increasing international services.

Specific information about submitting coins to the Hong Kong office and in
conjunction with the Hong Kong coin convention in the spring will be
announced later this month. Information also will be available online at
www.pcgsglobal.com and by email at .

Ads
  #2  
Old January 8th 12, 12:45 AM posted to rec.collecting.coins
Bremick
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Posts: 641
Default PCGS Announces Expansion into China


"PCGS" wrote in message
...
In a major expansion of its international services and activities, the
Professional Coin Grading Service division of Collectors Universe, Inc.
has established a Hong Kong-based authentication and grading operation.
The new Asia venture will be known as Collectors Universe (Hong Kong) Ltd.
PCGS's ability to authenticate and grade coins in Hong Kong will eliminate
the time-consuming customs issues inherent in sending coins to the U.S. to
be authenticated and graded.

PCGS officials say there's increasing acceptance and need in Asia for
impartial, independent certification of rare coins to provide reliable
protection against counterfeiting and provide confidence and security for
collectors and dealers when they buy or sell.

"World coin grading has become an important part of PCGS' business," said
Donald E. Williams, PCGS president. "As collectors around the world
understand the benefits of third-party grading, more and more of them are
seeking it out and insisting on it before they purchase a rare coin."

During the past several years, Muriel Eymery, PCGS vice president and
director of international business development, has met with numerous
leaders in the Asian coin market.

"We have been working with many dealers and collectors from China as well
as Japan, Korea, Hong Kong, Singapore and surrounding countries," said
Eymery. "We have been planning this expansion in Asia for months and
decided Hong Kong is the right place to begin.

"The first public appearance of Collectors Universe (Hong Kong) Ltd. will
be at the Hong Kong Coin Convention and Antique Watch Fair, April 6-8,
2012. PCGS will provide on-site authentication and grading at the show as
well as during pre-show activities and auctions."

PCGS announced its expansion into Hong Kong during a presentation at the
Florida United Numismatists convention in Orlando Jan. 6.

In May 2010, it successfully opened an office in Paris, France, as part of
the company's increasing international services.

Specific information about submitting coins to the Hong Kong office and in
conjunction with the Hong Kong coin convention in the spring will be
announced later this month. Information also will be available online at
www.pcgsglobal.com and by email at .


I assume their first unofficial presence will be at Chinese flea markets and
with selected street vendors. Will we one day see CAC stickers on
exceptional high quality knockoffs?




  #3  
Old January 8th 12, 01:11 AM posted to rec.collecting.coins
Gary[_4_]
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Posts: 128
Default PCGS Announces Expansion into China

On Jan 7, 6:40*pm, "PCGS" wrote:
"World coin grading has become an important part of PCGS' business," said
Donald E. Williams, PCGS president. "As collectors around the world
understand the benefits of third-party grading, more and more of them are
seeking it out and insisting on it before they purchase a rare coin."



Did they fire Don WILLIS?

Or is this a typo, typical of Chicom ****.

Looks like PCGS, like Ebay, is chasing the "huge untapped market" of
China without
concern for the damage to the US market.
  #4  
Old January 8th 12, 03:23 AM posted to rec.collecting.coins
Jud
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Posts: 1,215
Default PCGS Announces Expansion into China

Sounds like I should buy stock in 'body bags'. They will be needing a
lot of them in Hong Kong.
  #5  
Old January 8th 12, 04:41 AM posted to rec.collecting.coins
Jerry Dennis
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Posts: 1,207
Default PCGS Announces Expansion into China

On Jan 7, 10:23*pm, Jud wrote:
Sounds like I should buy stock in 'body bags'. They will be needing a
lot of them in Hong Kong.


PCGS purges posts and posters on their board at will, but they can
come over here and spam us as much as they want. Gotta love it here.

Jerry
 




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