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Press Release: PMG and eBay Partner on Expert Review Service
Published on July 9, 2019
Uncertified banknotes on one of the world’s largest and most vibrant marketplaces will have a link to purchase a preliminary review by PMG experts.
SARASOTA, Fla. – Paper Money Guaranty® (PMG®) and eBay have partnered to launch PMG Expert Review, a low-cost service that provides a preliminary review of notes by PMG experts. The service is available for banknotes on eBay that have not been certified by a third-party grading service.
PMG is the world’s largest third-party paper money grading and encapsulation service. It is an approved grading company of eBay, a leading online marketplace that connects buyers and sellers around the world.
PMG Expert Review offers two services for US and world paper money on eBay:
Authenticity Review ($5 per note): A PMG expert examines the photos from the eBay listing and provides a preliminary opinion of the note’s authenticity. The preliminary opinions of authenticity are: Likely Genuine, Likely Not Genuine or Inconclusive.
Authenticity and Grade Review ($10 per note): A PMG expert examines the photos from the eBay listing and provides a preliminary opinion of the note’s authenticity and, if it is Likely Genuine, a preliminary opinion on its grade range. The preliminary opinions of grade range include Likely Low Circulated (1-35), Likely High Circulated (40-58), Likely Uncirculated (60-70), Likely No Grade and Inconclusive.
PMG will provide the results within two business days. An authenticity opinion of Inconclusive will result in a full refund. In the case of a grade of Inconclusive, the grade portion of the fee ($5) will be refunded.
To use this service, eBay buyers should look for the PMG Expert Review link near the bid or buy section on the eBay listing page for an uncertified note.
As an added benefit, PMG will give the person who purchased the PMG Expert Review service a voucher toward PMG’s full authentication, grading and encapsulation services. The voucher is equal to the amount paid for the review and is valid for 90 days from the date the PMG Expert Review service was purchased. An Associate or higher PMG Collector membership is required to submit collectibles to PMG for its regular grading services.
“We want every eBay buyer to have confidence that the note they are purchasing is what they believe it to be, and we are able to reinforce that peace of mind in partnership with PMG,” said Mark Flaa, Category Director of Arts & Collectibles at eBay. “This new service is another step in eBay’s efforts to ensure the integrity of the items we offer. Our trusted marketplace and wide selection of inventory, coupled with PMG’s expertise, makes eBay the ideal destination for those searching for authentic, rare collectibles.”
“We are honored to work with eBay to help make it safer, easier and more educational to buy notes in its marketplace,” said Mark Salzberg, Chairman of PMG. “This is a great example of how PMG has leveraged technology to launch a new service that benefits the hobby.”
For details and terms of the PMG Expert Review service, visit PMGnotes.com/expert-review.
Similar Expert Review services are being offered on eBay by two PMG affiliates: Numismatic Guaranty Corporation® (NGC®), for ungraded coins, tokens and medals, and Certified Guaranty Company® (CGC®), for comic books.
About Paper Money Guaranty® (PMG®)
Paper Money Guaranty was founded in 2005 as a fully independent third-party paper money grading service. With an unparalleled commitment to accuracy, consistency and integrity, PMG is the world’s largest third-party paper money grading service with more than four million notes certified. Every note that PMG grades is backed by the comprehensive PMG guarantee of grade and authenticity, which gives buyers and sellers greater confidence. The American Numismatic Association (ANA), the only numismatic organization chartered by the US Congress, and the Professional Numismatists Guild (PNG) have both named PMG their official paper money grading service. To learn more, visit PMGnotes.com.
EBay Inc. (NASDAQ: EBAY) is a global commerce leader including the Marketplace, StubHub and Classifieds platforms. Collectively, eBay connects millions of buyers and sellers around the world, empowering people and creating opportunity through Connected Commerce. Founded in 1995 in San Jose, Calif., eBay is one of the world’s largest and most vibrant marketplaces for discovering great value and unique selection. In 2018, eBay enabled $95 billion of gross merchandise volume. For more information about the company and its global portfolio of online brands, visit www.ebayinc.com.
© 2019 Paper Money Guaranty. All rights reserved.
PMG, NGC, NCS, CGC, CCS, ASG, CAG and CCG are the registered trademarks or unregistered trademarks of Numismatic Guaranty Corporation of America, and/or its related companies 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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