Professional Coin Grading Service(www.PCGS.com) has announced that it will begin embedding Near FieldCommunication (NFC) technology in all its encapsulated coins, medals, tokens, andbanknotes in October 2020. This revolutionary advancement launches after an initiallimited rollout earlier this year with coins graded in PCGS Gold Shield holders to testcompatibility and user response, both of which were overwhelmingly positive.

"PCGS is the industry leader in fighting counterfeiting," says PCGS President BrettCharville. "PCGS has always been ahead of the curve in the numismatic industryregarding technology, and the inclusion of NFC technology is just the latest way we canstay one step ahead of counterfeiters and ensure collectors and dealers that theirPCGS coins and banknotes are exactly what the label promises."

Adds Charville, "you collect, we protect."

PCGS, which in the spring became the first company in the numismatic industry toutilize NFC technology and remains the sole third-party grading service offering thistechnology, enables collectors to tap their holders with a phone, launching certificationinformation right on the device's screen. This data ensure collectors, dealers,customers, and others that the coin or banknote stated on the label is indeed the pieceinside the holder. The NFC technology has become necessary in a day and age whencounterfeit coins and banknotes are more sophisticated than ever before. To combatthis, PCGS partnered with HID Global to insert NFC technology in all holders, includingPCGS Banknote holders, to provide peace of mind that collectibles within PCGSholders are 100% authentic and are in the grade or condition that is stated on the label.

NFC inserts require no new hardware or any software updates. They are solid-state andhave no moving parts, do not contain any sort of battery, and will be encased in thesame industry-leading holder that keeps your coins and banknotes safe. Therefore,without the risk of exposure to the elements and damage, expect these inserts to lastbeyond the general expected lifespan of 100,000+ scans and 40+ years. That means acollector scanning the NFC insert in any given PCGS holder can do so worry-free. NFCtechnology works by exchanging encrypted technology between itself and another NFC-enabled device, such as a smartphone.

"This technology, similar to the chip found in the credit cards in your wallet, is the singlebiggest leap forward for third-party grading since its inception. While it may affect ourpocketbook down the line, I would hope that every other third-party grading service inthe industry considers integrating similar technology into their product lines as well. It'ssimply that important for the hobby as a whole," urges Charville.

Those using an Android or iPhone XS (or newer) already have everything they need tobenefit from PCGS's NFC technology upgrade. All they need to do is put those devicesclose to the chip, opening a web browser on the phone with information about the slaband coin or banknote within. The PCGS Cert Verification will automatically load onphones that have that app installed; the app can be installed for free by visitinghttps://www.pcgs.com/apps.

For more information about PCGS's NFC technology, please visitwww.PCGS.com/security.