Stack’s Bowers Galleries Partners with Professional Coin Grading Service (PCGS) Founder David Hall to Launch Collectible Market Qualified (CMQ) Offering
SBG to Rollout Coins In Motion (CIM) Animation Technology to its Collector and Dealer Customer Base in Calendar Fourth Quarter 2023
Costa Mesa, CA – Stack’s Bowers Galleries , the renowned numismatic auction house, and David Hall, the esteemed founder of Professional Coin Grading Service (PCGS), have partnered to introduce Collectible Market Qualified (CMQ), a new service offering that identifies the highest quality graded coins in the market.
Utilizing CMQ’s services, collectors, dealers, and investors can submit qualifying coins to be evaluated by David Hall and Stack’s Bowers Galleries’ CEOGreg Roberts, two of the most accomplished numismatists of all-time. Hall and Roberts will assess each coin for its quality, eye appeal and grade. Coins that Hall and Roberts unanimously agree meet CMQ’s rigorous standards will be recognized as “qualified” and granted a tamper-resistant hologram sticker, symbolizing a mark of approval.
CMQ stickered coins are designed to instill confidence in a coin’s quality and facilitate “sight unseen” trading. Stack’s Bowers Galleries’ and David Hall Rare Coins’ trading departments, who collectively buy and sell more than $500 million in rare coins annually, will be active market makers in all CMQ stickered coins, providing added demand and liquidity. Collectors, dealers, and investors in rare coins can have a new level of confidence when buying or selling CMQ stickered coins because they have unanimously met or exceeded Hall’s and Robert’s rigorous standards.
“Collectors and dealers can rest assured that no marginally graded or negative eye appeal coins will ever exhibit a CMQ sticker, providing a new level of confidence when buying or selling CMQ qualified coins,” commented Hall.
CMQ will offer two levels of stickers – CMQ and CMQ-X. Collectible Market Qualified Exceptional (CMQ-X) stickers will be assigned to a small percentage of coins that, “make you shake your head in wonderment,” added Hall. Each coin submitted for CMQ review will be photographed by Stack’s Bowers Galleries’ award-winning photography department and these images will be available in submitters’ online accounts.
CMQ will begin accepting coin submissions on September 5, 2023. For information on what coins are eligible, how to submit coins, pricing, and other inquiries, please visit www.StacksBowers.com/CMQ .
Additionally, Stack’s Bowers Galleries will be making its proprietary and patented Coins In Motion (CIM) high resolution collectible animation technology available to all collectors and dealers in the fourth quarter of 2023. Utilizing the same submission process as CMQ, collectors and dealers will receive ultra-high resolution 4K MP4 video animations of their submitted coins, ideally formatted for sharing on social media, including in collection management systems or to facilitate buying and selling.
About David Hall
David Hall, founder of Professional Coin Grading Service (PCGS), is widely recognized as one of the greatest and most influential numismatists of all time. Under his leadership, PCGS revolutionized the coin collecting hobby by introducing an objective and standardized grading system, which provided collectors and investors with a trusted and consistent method for assessing the condition and authenticity of coins. Hall's visionary approach played a pivotal role in establishing PCGS as the industry standard for coin grading and authentication.
About Greg Roberts
Greg Roberts is a highly accomplished figure in the numismatic world and one of a small handful recognized in the Coin Dealer Hall of Fame by PCGS. Throughout his career, Roberts has held several notable positions, including his current role as CEO of Stack's Bowers Galleries and A-Mark Precious Metals. Under his leadership, Stack's Bowers Galleries has solidified its position as one of the most prestigious and trusted auction houses in the world, specializing in rare coins, currency, and collectibles. With a career spanning several decades, Roberts has traded well in excess of $1 billion of rare coins, handled every coin in the Guide Book of U.S. Coins and built some of the greatest collections ever assembled.
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Source: Stacks Bowers Galleries
Stack's Bowers Galleries conducts live, Internet and specialized auctions of rare U.S. and world coins and currency and ancient coins, as well as direct sales through retail and wholesale channels. The company's 80-year legacy includes the cataloging and sale of many of the most valuable United States coin and currency collections to ever cross an auction block — The D. Brent Pogue Collection, The John J. Ford, Jr. Collection, The Louis E. Eliasberg, Sr. Collection, The Harry W. Bass, Jr. Collection, The Joel R. Anderson Collection, The Norweb Collection, The Cardinal Collection and The Battle Born Collection — to name just a few. World coin and currency collections include The Louis E. Eliasberg, Sr. Collection of World Gold Coins, The Kroisos Collection, The Alicia and Sidney Belzberg Collection, The Wa She Wong Collection, The Guia Collection, The Thos. H. Law Collection, and The Robert O. Ebert Collection.
Topping off this amazing numismatic history is the inclusion of the world record for the highest price ever realized at auction for a rare coin, the 1794 Flowing Hair Silver Dollar graded Specimen-66 (PCGS) that realized over $10 million, part of their sale of the famed Cardinal Collection. The company is headquartered in Santa Ana, California, with offices in New York, Wolfeboro, Hong Kong, and Paris. Stack's Bowers Galleries is an Official Auctioneer for several important numismatic conventions, including American Numismatic Association events, the New York International Numismatic Convention, the Whitman Coin & Collectibles Spring, Summer and Winter Expos, and its April and August Hong Kong Auctions.
