PCGS Resumes Grading Operations in California

Professional Coin Grading Service (PCGS) has announced the resumption of operations and coin grading services in their California office. The grading company had closed their Orange County offices on March 19, 2020 as part of California’s Shelter in Place and quarantine orders to stem the spread of the COVID-19 (Coronavirus) pandemic.

In a post from PCGS’ President Brett Charville, the company seems to suggest that they could have stayed open given their role in numismatic trading markets globally, but closed for the safety and well-being of their employees, community, and customers.

Dear Valued Collectors and Customers,

Today we’re happy to announce that PCGS is re-opening the operations of our Orange County, California office.

For decades, as the only publicly traded (NASDAQ: CLCT) third party grading service, and the undisputed market leader in coin grading, PCGS’ slogan has been, “PCGS: The Standard for the Rare Coin Industry.” Being “The Standard” in third party grading means not only holding ourselves to the highest level in ethics, quality, and numismatics, but also extending that standard beyond our services to the safety and well-being of our employees, community, and customers.

Due to the liquidity we provide to numismatic trading markets worldwide, PCGS is essential and able to operate as needed during the current global pandemic. However, out of an abundance of caution for both our employees and customers, we took a measured and responsible approach and briefly closed our offices. During our temporary closure, we developed and implemented an ongoing safety plan that ensures the well-being of both employees and customers alike.  It was only then, along with the commitment of our team, that we chose to reopen our doors.

Thank you for being a loyal customer during our temporary closure and beyond and thank you to the entire Collectors Universe and PCGS staff of nearly five hundred employees worldwide.

For additional details about our re-open including expected turnaround times, Quarter Quest, and First Strike deadlines please visit www.PCGS.com/Updates.

Best wishes to you and your loved ones,

Brett Charville

PCGS President Breet Charville

While operations have started back up for the company, coin grading and returning of coins are going to be delayed for some time. If you had submitted coins to the company and they were in their possession, those will be graded first. If you have coins to submit, you can do so now but do expect slow turn around times for the next several weeks.

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