PMG to Grade Vintage Banknotes Full-Time in Shanghai

Posted on 8/26/2019

Vintage notes now will be graded daily at local submission center.

NGC Shanghai Business Information Consulting Co., Ltd. (NGC Shanghai), the China-based affiliate of Paper Money Guaranty (PMG), will now offer full-time PMG authentication, grading and encapsulation of vintage banknotes.

Modern notes as well as Chinese Second Series RMB notes have already been graded on a full-time basis at NGC Shanghai’s 15,000-square-foot facility in the prestigious Xintiandi district of Shanghai.

Vintage banknotes like this Hongkong & Shanghai Banking Corp. 1921-23 50 Dollars will be graded in Shanghai daily.
Click image to enlarge.

Previously, vintage paper money was graded in Shanghai only during on-site grading events, which were held several times each year. Recent efforts by PMG to expand and develop its Shanghai banknote grading team have enabled it to now grade virtually all notes on a daily basis.

This Hong Kong, China, National Bank of China Ltd. 5 Dollars, graded PMG Very Fine 30, is another example of a vintage note that will be graded full-time in Shanghai. Click image to enlarge.

"PMG has long been committed to expanding and enhancing its services in China," said Steven R. Eichenbaum, CEO of PMG. "We are honored to be able to better serve collectors and dealers with our comprehensive paper money certification services."

Vintage and modern banknotes from virtually all countries will be graded on all regular working days, providing much shorter turnaround times. There is no value limit for PMG’s full-time grading services in China.

Vintage banknotes from anywhere in the world, such as this 1908 Zanzibar 20 Rupees Specimen, will be graded daily in Shanghai.
Click image to enlarge.

Submissions should be made to one of the company’s Official Submission Centers in China, listed here. For a list of PMG services and fees in China, click here.

For more information about PMG in China, visit

Founded in 2005, PMG is a professional third-party paper money grading service with more than 4 million notes certified, including nearly 2 million Chinese notes. Every note that PMG certifies is backed by its comprehensive guarantee of grade and authenticity. The PMG Guarantee, combined with the consistency and integrity of the PMG grading team, results in higher prices realized and greater liquidity for PMG-certified notes.

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