CCG Opens Shanghai Office; NGC Coin Grading On-site in China
Certified Collectibles Group® (CCG®), the parent company of Numismatic Guaranty Corporation® (NGC®), Numismatic Conservation Services® (NCS®) and Paper Money Guaranty® (PMG®), opened an office in Shanghai, China, on November 15. The office, which is managed by CCG’s official submission center Guangzhou GB, will accept submissions and assist collectors and dealers.
NGC graded on-site the week prior to the official opening of its Shanghai location. On November 15, NGC hosted a standing room–only educational seminar with more than 200 people in attendance. Representatives of NGC spoke about coin grading, the comprehensive NGC guarantee of grade and authenticity, and the NGC Registry, and answered questions from attendees. On display were two NGC-certified 1992 Inventions & Discoveries gold kilo coins, worth more than $1 million each. Several Shanghai news outlets were present to report on these important coins.
In conjunction with the office opening, CCG CEO Steven R. Eichenbaum hosted a dinner with more than 75 distinguished guests. Among them were Zhen Wei Gang, director of Guangzhou GB; Michael Chou, CEO of iAsure Champion; Zhang Rong Hua, Chairman of Yin Tai Culture Art Object Co.; King Lam Chan, a prominent collector; Ge Zu Kang, another well-known collector; Sang Guo Yi, a dealer of Chinese coins; Li Zhen Ting, a well-known dealer of modern Chinese coins; Zhu Wei, a dealer of Chinese coins; and Stephanie Lu, the deputy manager of the Hosane Auction Co. coin department.
Also present were Gu Jun, the general manager of the Shen Yang Mint; Zhao Qi Ming, the famous Chinese engraver; his son Rocky Zhao, the designer of the 2014 Chinese Panda coins; and Peter Anthony, author of China Pricepedia and the Gold & Silver Panda Coin Buyer’s Guide.
The Shanghai office will serve the rapidly expanding market for NGC, NCS and PMG in China. Collectors and dealers in China have long shown a strong preference for NGC certification and, to date, NGC has graded more than 650,000 Chinese coins. NGC is also the only grading company to have certified Chinese coins that have broken the U.S. $1 million barrier at auction.
PMG is the only international third-party paper money grading service with a presence in China. It is widely praised for its expertise, secure holder, and comprehensive guarantee of grade and authenticity. PMG has certified more than 80,000 Chinese notes.
NCS is known in China as the premier professional coin conservation company, having conserved rarities from the Smithsonian Institution and other institutions as well as numerous valuable and important Chinese coins. Founded in 2001, NCS has conserved more than 500,000 coins with a combined value of nearly U.S. $1 billion.
“Chinese collectors and dealers are very sophisticated and were quick to recognize the value of expert and impartial certification and conservation,” said Eichenbaum. “We are excited to better serve their needs with an office in Shanghai and are very appreciative of all of their support.”
The Shanghai office is the second in China for CCG, which has had an office in Guangzhou since 2009. NGC, NCS and PMG also have offices in Taiwan, Singapore, Korea, Munich and Zurich, with headquarters in Sarasota, Florida.
About Certified Collectibles Group® (CCG®)
The Certified Collectibles Group (CCG) is an umbrella organization consisting of Numismatic Guaranty Corporation of America® (NGC®), the largest and most respected third-party coin grading service; Numismatic Conservation Services™ (NCS®), the leading coin conservation service; Paper Money Guaranty® (PMG®), the leading currency certification service; Certified Guaranty Corporation® (CGC®), the first independent and impartial third-party grading service in comics and Classic Collectible Services™ (CCS ™), the world’s leading comic book pressing, restoration and restoration removal company.
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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