PMG Registry Updated to Accept Star Designated Notes
Posted on 6/18/2014
For a note to be designated with a Star (★) by PMG, it must exhibit exceptionally strong plate and/or overprint embossing, vibrant ink color, and pristine paper quality exceeding the well-established standards used to determine the Exceptional Paper Quality (EPQ) Designation.
The PMG Registry was updated today to accept ★ designated notes. In addition, the scores for EPQ notes have been recalculated. The scores for both EPQ and ★ will be automatically generated.
Notes graded 64 and below with an EPQ designation will receive a bonus equal to one-third of the additional points given to a note of the next higher grade. Notes graded 64 and below that are designated both EPQ and ★ receive a bonus of two-thirds of the additional points given to a note of the next higher grade.
Star (★) designated notes graded 65 through 69 will receive a bonus equal to one-third of the additional points given to a note of the next higher grade. Notes graded 70 will receive a ★ designation and a 15% premium.
Notes already graded by PMG may be resubmitted to PMG for evaluation for the ★ Designation. For notes already certified by PMG, the ★ Designation review fee is $15 for notes valued under $3,000, $30 for notes valued $3,000 to $10,000, and the regular grading fee for notes valued above $10,000. To submit PMG-certified notes for reconsideration for the ★ designation, write “Designation Review” at the top of the PMG Submission Form.
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