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Founded in 2005, it is the most influential paper currency rating agency in the world. For high-value banknotes, 99% people will choose PMG because the possible premium is much higher.
PMG (paper money guarantee) was established in 2005 and belongs to CCG Group together with NGC. Provide identification rating for banknotes and protect performance currency boxes. PMG has become a large third-party paper currency rating agency in the world.
PMG is headquartered in Sarasota, Florida, USA, with offices in Hong Kong, Shanghai and Munich.
In China, all banknotes submitted are handled by its affiliated company in China, Shanghai Enjiacang Business Information Consulting Co., Ltd. (hereinafter referred to as "NGC Shanghai").
In addition to expert rating and evaluation services, PMG also provides various online resources for collectors and traders. Some of the most popular features include online tools for displaying and viewing collections in the PMG registry, PMG quantity report and world paper money price guide.
1. What is PMG paper currency rating?
The full name of PMG is Paper Money Guaranty, which is the world's leading third-party paper currency appraisal and rating unit. It is the rater of PMG and must sign a contract to ensure that it will not participate in any coin trading.
PMG is a brand owned by CCG Group in the United States, and it is also an international authoritative third-party banknote rating appraisal company. It is committed to providing comprehensive, fair and just banknote rating and packaging services, and its business has now expanded to banknotes all over the world.
For a long time, the authenticity and grade identification of paper money has been a big problem that puzzles paper money collectors, and has developed to the point where it needs to be solved urgently. Then, it is of positive and far-reaching significance to deal with this problem well, which is related to whether China's paper currency industry can develop in a healthier and more perfect direction.
The rise of PMG has solved this problem well. The rating of PMG is completed by teamwork, and each banknote submitted has been carefully appraised by at least three professional raters with decades of industry experience. Each rater gives a score according to Sheldon Score (a professional certification standard generally accepted by the coin industry). Refer to the rating opinions given by the previous rater, and the final rating result is given by the last rater. In the case of difficult decision-making, the final rater will negotiate with other raters and reach an agreement.
So why is it that PMG team members are forbidden to engage in commercial transactions of banknotes, just to ensure complete fairness and avoid conflicts of interest?