PCGS-Certified MS66+ 1888-O Morgan Becomes 50 Millionth Item Certified By Collectors Universe
- February 26, 2014
Don Willis places 50 millionth label
PCGS President Don Willis personally placed the 50,000,000 insert label into the holder for the coin that became the 50 millionth item certified by Collectors Universe. (Photo by Donn Pearlman.)
An important and historic milestone has been reached by Collectors Universe, Inc. (NASDAQ: CLCT), the parent company of Professional Coin Grading Service. On February 26, 2014, PCGS authenticated and graded a coin that became the 50 millionth item certified by Collectors Universe.
"We opened our doors for business in February 1986 and we received 18,000 coins for grading that very first month, a number far in excess of what we expected. The next month we received 35,000 coins, and we have been growing steadily since. Now just a few weeks after our 28th anniversary of being in business, we've reached the 50,000,000th milestone because collectors and dealers worldwide have put their trust in the assurance and market liquidity that Collectors Universe's expert, third-party grading and authentication provide," said David Hall, President and Founder of Collectors Universe.
"They've come to us year-after-year to certify the authenticity of some of the world's most valuable rare coins, trading cards, game-used baseballs, bats and other sports memorabilia, autographs and historical documents."
The landmark achievement of certifying the 50 millionth item occurred at the American Numismatic Association National Money Show in Atlanta, Georgia when a team led by PCGS President Don Willis certified the authenticity and grade, PCGS MS66+, of an 1888-O Morgan dollar. It was submitted by Mike Newman of Augusta, Georgia, a member of the PCGS Collectors Club.