January 7, 2005
(Newport Beach, CA) - The Professional Coin Grading Service
(PCGS) today announced that Jason W. Bradford has been named the
Director of its new Currency Grading division. This latest
initiative will provide independent, third-party authentication
and grading for both large and small size U.S. currency as well
as Nationals, Fractionals and Confederate notes.
PCGS Founder and President David Hall added: "The new division
will operate under the well-known and respected PCGS name. For over
eighteen years, the PCGS logo has stood for the absolute finest in
independent, unbiased grading. With the widespread crossover between
rare coin and currency dealers, we decided to extend the brand to
"We've been discussing this possibility for several years, Hall
added. "Recently, we've noticed an increase in the demand from both
the dealer and collector community for a third party grading service.
We feel the time is right to launch this initiative."
Collectors Universe Senior Vice President Michael W. Sherman
commented: "Jason Bradford is the protégé of some of the top currency
experts in the world. He has solid credentials and is highly regarded
by the dealer community. We are extremely fortunate to be able to add
Jason to our staff because he is the ideal person to lead the PCGS
Currency Grading division."
The PCGS Currency Grading division will begin accepting submissions
within the next 60 days.
PCGS is a division of Collectors Universe, Inc. (NASDAQ: CLCT)
of Newport Beach, California.