August 12, 2013
Professional Coin Grading Service (www.PCGS.com) is teaming with one of the world's largest online marketplaces, eBay (www.ebay.com), to expand the eBay U.S. and Canada Coins Catalog feature to benefit sellers and buyers. When the new catalog from PCGS goes online this fall it will immediately grow from the current 8,500 products to more than 41,000.
The renewed U.S. and Canada coins catalog will allow for more detailed descriptions of specific coin attributes, as well as further differentiation for the collecting community. These detailed descriptions, item specifics and high resolution images in the catalog will allow novice and experienced sellers alike to more accurately identify the coin they are selling on eBay.
"We are providing eBay with expanded structured data that will essentially quadruple the number of products in the eBay category and improve the standardization of listing information across the category," said Don Willis, President of PCGS, a division of Collectors Universe, Inc. (NASDAQ: CLCT).
"Listing with the new eBay-PCGS catalog will be a fast and easy way to create professional, detailed listings and make it easier for buyers to find exactly what they are looking for. Sellers will benefit from detailed product descriptions and the high-quality imagery available in the eBay catalog," said Willis.
The change in catalog provider is expected to occur online in September and detailed information will be available before then for sellers who want to participate.
"More than 560,000 U.S. coins are now listed on eBay with items ranging in value from under $1 each to more than $3 million for an Ultra High Relief Lettered Edge 1907 Saint Gaudens Double Eagle graded PCGS PR69," Willis noted.
"We anticipate more sellers will begin using the U.S. Coin Catalog to list their coins when we introduce the expanded version this fall. Sellers will be able to create their listings more quickly and easily, and they can automatically include information from the catalog."
Since it was founded in 1986, PCGS has examined more than 26 million coins with a combined value of over $27 billion.
For additional information, contact PCGS Customer Service by phone at (800) 447-8848 or by email at [email protected].