Professional Coin Grading Service (www.PCGS.com) on Jan. 1, 2018 rolled out its new PCGS Gold Shield™ Service, which replaces PCGS Secure™ Service to even better combat counterfeiting and recover stolen coins.
Like Secure, it comes with PCGS TrueView™, and it is automatically part of every service level above and including Express. The main differences are in the comprehensiveness and technology used to digitally fingerprint the coins.
PCGS Gold Shield retains the process and function of PCGS Secure in that it checks coins that come through PCGS Gold Shield against a vast proprietary imaging database. This is an invaluable aid for graders in quickly determining authenticity in the fight against increasingly sophisticated counterfeiters. The new system benefits from artificial intelligence and machine learning. With Gold Shield, PCGS remains two steps ahead of counterfeiters.
"We have been testing and refining the system for over two years and will continue to do so for the foreseeable future," said Don Willis, President of PCGS." It will become a crucial component of our fight against counterfeiting, which will help us preserve the integrity of the PCGS brand worldwide."
The look of the PCGS holder remains the same for Gold Shield as it did for Secure, with the reflective gold shield on the left-side, front of the coin label.
While the customers won’t see the process changes, the name and description of the service is updated to reflect new technology and capability.
"Our graders are the best in the business. They set the bar for finding counterfeits and consistently grading coins," said John Nelson, PCGS’ Chief Technology Officer. "Now, with coins going through PCGS Gold Shield, our system is even more intelligent, and faster than before. It speeds the grading and authentication process."
PCGS has already begun implementing PCGS Gold Shield service. Transition officially takes effect January 1, 2018.
Since its founding in 1986, PCGS experts have certified over 37 million coins with a total market value of over $32 billion. For information about PCGS products and services, including how to submit your coins for authentication and grading, visit www.PCGS.com or call PCGS Customer Service at (800) 447-8848.
PCGS is a division of Collectors Universe (NASDAQ: CLCT).
