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November 27, 2020

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Vital rare coin & paper money industry updates

NGC Grades 2,000,000 Chinese Coins

Certified Collectibles Group · Mar 31, 2017
Press Release

Numismatic Guaranty Corporation© (NGC©) has announced that it has now certified 2,000,000 Chinese coins, a first for a third-party coin grading service. This milestone





Numismatic Guaranty Corporation© (NGC©) has announced that it has now certified 2,000,000 Chinese coins, a first for a third-party coin grading service. This milestone was reached a mere 18 months after NGC had certified 1,000,000 Chinese coins, a reflection of the significant growth that NGC has experienced in China.

NGC began operations in China in 2008 when it opened an Official Submission Center in Guangzhou. It has since invested millions of dollars to expand and enhance its services in the country. Just recently, NGC expanded its grading facility in the prestigious Xintiandi District of Shanghai to nearly 15,000 square feet. Modeled after NGC’s headquarters in Sarasota, Florida, the office boasts advanced security and climate-control features.

“Our goal is to continually provide collectors and dealers in China with better and more comprehensive third-party grading services,” says Steven R. Eichenbaum, CEO of NGC. “We will not rest on our laurels, but rather take each milestone as a challenge to make further improvements.”

The 2,000,000 Chinese coins graded by NGC include three pieces that subsequently sold for more than $1,000,000 as well as a wide range of vintage and modern issues. The figure includes more than 1,000,000 Chinese Panda coins, which have grown significantly in popularity both in China and around the world in recent years.

“We are truly humbled by all of the support that we have received in China,” adds Eichenbaum. “I am extremely grateful for the hard work of our Official Submission Centers, Strategic Partners and Authorized Dealers as well as for the trust that collectors have placed in our expert and impartial services.”

Submissions to NGC in China should be made through one of its five Official Submission Centers located in Guangzhou, Shanghai, Beijing and Xi’an. For a list of Official Submission Centers and to learn how to submit, visit NGCcoin.cn/Submissions.

About Numismatic Guaranty Corporation® (NGC®)

NGC, the world’s largest and most respected third-party coin grading service, was founded in 1987.
From the beginning, NGC has committed itself to developing an impartial, trusted standard of consistent and accurate grading. To uphold this commitment, NGC’s full-time grading professionals are no longer active in the commercial coin marketplace, and are prohibited from buying or selling coins to ensure impartiality. As NGC has grown to become the leader in third-party grading services, we have maintained a steadfast and uncompromising commitment to this standard. Learn more at NGCcoin.com.



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Certified Collectibles Group



The Certified Collectibles Group (CCG) is a set of independent third-party companies (NGC, NCS, PMG, CCG, CCS, ASG & CAG) focused on the expert authentication, grading and conservation of collectibles.

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