Poongsan Hwadong Reappointed as an Official Submission Center

Posted on 1/17/2023

NGC, NCS, PMG and the Korean company are pleased to extend their longstanding collaboration, which has expanded to affiliates CSG and CGC Trading Cards.

Numismatic Guaranty Company® (NGC®), Numismatic Conservation Services™ (NCS®) and Paper Money Guaranty® (PMG®) have reappointed Poongsan Hwadong Co., Ltd. as an Official Submission Center in South Korea. In addition, Certified Sports Guaranty® (CSG®) and CGC Trading Cards®, a division of Certified Guaranty Company® (CGC®), have added Poongsan Hwadong as an Official Submission Center.

The companies are leading authentication, grading and encapsulation services for coins, tokens and medals (NGC), paper money (PMG), trading cards (CGC Trading Cards) and sports cards (CSG). Together, they have certified more than 65 million collectibles, including more than 230,000 Korean coins and more than 240,000 Korean notes. NCS is the world's leading coin conservation company.

Poongsan Hwadong is a leading collectibles firm headquartered in Seoul, South Korea, and has been named the designated distributor of many important modern commemorative coins, including ones for the 2022 Beijing Winter Olympics, the 2020 Tokyo Olympics, the 2018 PyeongChang Winter Olympics, the 2022 Qatar World Cup and the 2018 Russia World Cup.

“We are thrilled to extend our longstanding collaboration with Poongsan Hwadong, which has helped to greatly expand the numismatic community in the Republic of Korea,” said Steven R. Eichenbaum, CEO of NGC, NCS, PMG, CGC and CSG. “Amid the collectibles industry's rapid growth in Asia, we are pleased that they are continuing to help make our certification services more accessible."

"We appreciate the opportunity to serve collectors as an Official Submission Center for NGC, NCS, PMG, CGC Trading Cards and CSG," said J.C. Lee, President of Poongsan Hwadong. "These companies' certification services help create a more vibrant collecting community by making it easier and safer to buy and sell in the marketplace."

NGC, NCS, PMG, CGC and CSG are independent members within the Certified Collectibles Group® (CCG®). Headquartered in Sarasota, Florida, USA, the CCG companies also have offices in London, Munich, Hong Kong, and Shanghai, as well as a global network of Official Submission Centers, Strategic Partners and Authorized Dealers.

Poongsan Hwadong can be reached at +82 02-3479-6500 or service@hwadong.com.

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