PMG Releases Designations

PMG offers several special designations to capture the excitement of newly issued paper money. These designations – such as Early Releases, First Releases and First Day of Issue – add distinction on the PMG certification label for select notes received by PMG within a specified timeframe.

PMG Releases Designations should not be confused with grade-modifying designations such as Exceptional Paper Quality (EPQ) or the PMG Star () Designation. See the PMG Grading Scale for more information about these designations.

Early Releases and First Releases

PMG offers the Early Releases and First Releases designations for select notes received by PMG or a PMG-approved depository within 30 days of the first release of a new paper money issue. The terms Early Releases or First Releases will be noted as part of the note description on the PMG label. Early Releases and First Releases are interchangeable and the same definition and relevant cutoff dates applies to each term.

To qualify for Early Releases or First Releases, a note must generally be received by PMG or a PMG-approved depository within the first 30 days of the note’s release. PMG maintains a list of Early Releases and First Releases cutoff dates for notes on this website.

A submitter wishing to have a note designated with the Early Releases or First Releases designation must indicate this request on the PMG submission form, and additional fees generally apply for the special label and designation verification.

In certain markets, PMG may offer bilingual Early Releases and First Releases labels. The same Early Releases and First Releases definition, cutoff dates and PMG Registry treatment will apply.

First Day of Issue

PMG offers the First Day of Issue designation for select notes that are received by PMG or a PMG-approved depository within one day of the first release of a new paper money issue. In some cases, PMG may require a minimum submission quantity for notes to receive the First Day of Issue designation. An article with submission instructions and grading fees will generally be posted to the PMG website prior to an eligible note’s release. In all cases, the First Day of Issue designation is available only by special request and will require a higher grading fee.

To qualify for First Day of Issue, notes must be received by PMG or a PMG-approved depository by the release date or on the business day immediately following the release date. For notes that are shipped to PMG by a submitter, the notes must arrive at PMG in a sealed shipping box bearing a postmark date that is identical to the release date and arrive at PMG by overnight mail on the business day following the submitter’s receipt of the notes.