“PCGS is the industry leader in fighting counterfeiting,” says PCGS President Brett Charville. “PCGS has always been ahead of the curve in the numismatic industry regarding technology, and the inclusion of NFC technology is just the latest way we can stay one step ahead of counterfeiters and ensure collectors and dealers that their PCGS coins and banknotes are exactly what the label promises.”
Adds Charville, “you collect, we protect.”
The data available through this technology ensure collectors, dealers, customers, and others that the coin or banknote stated on the label is the piece inside the holder. The NFC technology has become necessary in a day and age when counterfeit coins and banknotes are more sophisticated than ever before. To combat this, PCGS partnered with HID Global to insert NFC technology in all holders, including PCGS Banknote holders, to provide peace of mind that collectibles within PCGS holders are 100% authentic and the grade or condition stated on the label.
This story is from the December 2020 - January 2021 edition of COINage Magazine.
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This story is from the December 2020 - January 2021 edition of COINage Magazine.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
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