Legacy owner was the licensed user of PCGS
Currency for the last many years until early this year as their contract expired with no renewal for whatever reasons, as is PCGS
GOLD in Asia. The mess created by the parent company PCGS
is just unbelievable, why would you third party your name, but Legacy is the spinoff of the old PCGS
. So nothing stops them from finding another 3rd party to grade banknotes.
PCGS announced on Tuesday that it has ended its business relationship with K3B, Inc., a Peoria, Illinois company that operated under the trademark and brand PCGS
The announcement came as unexpected news to the numismatic community as K3B has been grading notes under the PCGS
Currency brand since February 2009 and no mention of a potential split was apparent at the recently concluded Florida United Numismatists (FUN) Show, where PCGS
Currency was still conducting business.
K3B is operated by paper money authentication expert Jason Bradford.
According to a statement prepared by PCGS
, the agreement between Collectors Universe (NASDAQ: CLCT) and K3B terminated on January 30, 2019. After this date, K3B was no longer authorized to holder notes using the " PCGS
Currency" brand name. Collectors Universe is currently in the process of reacquiring the PCGS
Currency website, which at the time of publication was not accessible.