SARASOTA, Fla., May 10, 2012 (GLOBE NEWSWIRE) -- Numismatic Guaranty Corporation (NGC), a Florida-based independent coin certification and grading company, announced today it has graded 25 million coins — becoming the first grading company to reach this milestone.
Mark Salzberg, chairman of NGC, considers this milestone a great triumph. "It's remarkable to look back on the collections we've seen as we approached the 25 million mark," said Salzberg. "We're grateful to the collectors and dealers who continue to choose us as their trusted grading authority."
Throughout its 25 years in business, NGC has helped the rapidly expanding coin industry to grow in the United States and abroad. The company has been instrumental in establishing industry standards for authenticity and condition, and providing comprehensive web resources at NGCcoin.com that enable collectors and dealers to make more informed buying and selling decisions.
After 25 years and 25 million coins, the company's continued growth is evident. NGC's submissions have come from 43 different countries and span 2,600 years in history — including ancient coins from as early as 600 B.C. NGC graded the first Chinese coin to break $1 million at auction, the 1910 Yunnan Spring Dollar, as well as the South Africa 1898 Single 9 Pond, the Russia 1755 Pattern 20 Rouble and the Ecuador 1862 Quito GJ 50 Francos — all among the most important and valuable world coins known. Auctions of certified coins around the world continue to achieve results at or above expectation.
"This is an important milestone we're quite proud of, but as always we remain focused on the future of the hobby," said Salzberg. "We're as committed as ever to developing new services and products that protect the hobby as a whole and increase confidence among our loyal customers."
For more information on NGC and the benefits of coin grading, visit www.NGCcoin.com
Janell Armstrong
Marketing Coordinator
941-360-3990 x 236
Founded in 1987, NGC has become the global leader in rare coin authenticating and certifying, having graded more than 24 million coins. With a presence in the U.S., Switzerland, Germany, Singapore, Taiwan, South Korea and China (Guangzhou and Hong Kong), NGC provides customers with an independent, impartial source of grading integrity and guarantee of authenticity. The trusted choice for thousands of collectors and dealers worldwide, NGC's record of uncompromising standards has helped to foster greater stability throughout the rare coin marketplace.
NGC is a trademark or registered trademark of Numismatic Guaranty Corporation 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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