Learn why PMG is the world's largest and most trusted third-party grading service for paper money.


Who is PMG?
Paper Money Guaranty ® (PMG ® ) was founded in 2005 as a fully independent third-party paper money grading service.
With an unparalleled a firm commitment to accuracy, consistency and integrity, PMG is the world’s largest a leading third-party paper money grading service with more than 8,000,000 notes certified. Every note that PMG grades is backed by the comprehensive PMG guarantee of grade and authenticity, which gives buyers and sellers greater confidence.
The American Numismatic Association (ANA), the only numismatic organization chartered by the US Congress, and the Professional Numismatists Guild (PNG) have both named PMG their official paper money grading service.
Scroll further to learn more about the benefits of PMG certification below.
Why PMG Grading?
The establishment of PMG followed the incredible impact that third-party grading had on the coin collecting hobby. The same problems that plagued coin collectors prior to third-party coin grading affected collectors of paper money—without third-party grading, it was easy for sellers to overstate a note’s grade and many counterfeit and altered notes were unwittingly purchased as genuine. In 2005 PMG was established to provide a fully independent opinion of a note’s authenticity and grade. PMG employs more than 20 full-time note graders as well as outside consultants. To ensure impartiality, PMG and its full-time graders do not buy and sell notes commercially, and strict procedures are in place to prevent consultants from influencing the grades assigned to their own submissions. The combined expertise of the PMG grading team results in unparalleled superior accuracy and consistency. The expert and impartial grades assigned by PMG and backed by the PMG Guarantee give buyers and sellers greater confidence, increase liquidity and result in higher prices realized. Collectors and dealers around the world have embraced PMG certification and, as a result, PMG has become a leading third-party paper money grading service with more than 8 million notes certified. Collectors and dealers around the world have embraced PMG certification and, as a result, PMG has certified more than 8 million notes.
The PMG Grading Scale
PMG grades US and world paper money on the internationally recognized scale of 1 to 70, pioneered by well known numismatist Dr. William Sheldon in 1948. See the PMG Grading Scale >
Some notes have problems such as tears or repairs that result in the note receiving a “Net” grade from PMG. PMG will specifically state the reason(s) why any note is “Net” graded. Only the Genuineness Guarantee portion of the PMG Guarantee applies to notes given a “Net” grade by PMG.
The PMG Guarantee
Every note that PMG certifies is backed by its comprehensive guarantee of grade and authenticity – the strongest guarantee in the industry . This guarantee provides one of several possible remedies in the rare event that PMG certifies a counterfeit or overgrades a note. Read the PMG Guarantee >
Paper Money Graded by PMG
PMG grades most US and world paper money. For a comprehensive list, including types not accepted for PMG grading, click here.
The PMG Holder
The PMG holder is made from the highest-quality high quality , inert materials. The holder’s heavy-gauge material is ideal for long-term storage and with no openings or perforations it guards against environmental hazards and contaminants. In addition, a variety of advanced security features protect against counterfeiting and tampering. PMG also offers Multi-Note and Custom Holders to showcase multiple notes in a single PMG holder.
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PCGS Banknote

Grading Standards
PCGS Banknote uses a 70-point numerical scale universally accepted by collectors.
Below is a brief description to show how a note is evaluated and assigned a grade by PCGS Banknote. Please note that all banknotes graded 65 and higher must also meet the criteria for Premium Paper Quality (PPQ). Please Note: Given the nature of the various printing processes and papers used over the centuries, some issues are given more leniency in some grading aspects than more modern types that are relatively uniform in quality.
PCGS Banknote Grading: Written Grading Standards
Pcgs banknote designations.
Beyond using the 70-point grading scale, PCGS Banknote also uses PPQ and DETAILS designations to qualify certain notes.
PCGS Pack Grading: Written Grading Standards
Using the same 70-point banknote grading standards, PCGS will certify full and half packs of banknotes and encapsulate them in our hard plastic pack holder. Each pack graded is confirmed to be complete and containing notes of consecutive serial numbers (when applicable) by our grading staff.
Often the first few and last few notes in a pack may receive more contact wear and tear while the internal notes generally retain higher quality and condition. While grading the packs, our graders account for the overall condition of all the notes to arrive at a single grade for the entire unit, factoring in the higher-condition notes found throughout the pack.
Additionally, any straps or bands that surround a pack of banknotes are not considered part of the grade and do not affect the final grade of the pack. PCGS Banknote Guarantee>
The New CGC Holder for Magazines Is Here!
Collectors can now have their magazines encapsulated in the brand-new, state-of-the-art holder! Learn more >
CGC Labels Now Include Notations About Publishers' Emblems
CGC labels now identify logos used by publishers dating back to the Golden Age. Learn more >
The Wonderful World of CCG-certified Disney Collectibles
To celebrate 100 years of Disney, check out these collectibles certified by the CCG companies. Learn more >
CGC Announces In-House Private Signing with Alex Ross
CGC welcomes the acclaimed Alex Ross! Learn more >
‘The Official CGC Guide to Grading Comics’ Now Available in Hardcover!
Learn the tricks and tips of comic book grading from CGC President and leading expert, Matt Nelson. Learn more >
The Top Grading Service for Pop Culture Collectibles!
Certified Guaranty Company (CGC) is the world’s leading third-party grading service for comic books, trading cards, video games, magazines, concert posters and more.

Verify CGC Certification
Confirm package delivery, what is cgc certification verification.
Enter a collectible’s CGC certification number (highlighted in the image) to confirm its description in CGC's database. This tool can help you to verify that your CGC holder is genuine and has not been tampered with.

What is Confirm Package Delivery?
Submit collectibles.
Learn how to submit collectibles to CGC for grading and encapsulation.
View population reports for CGC comics, magazines and lobby cards.
CGC Registry
Display your comic books and compete with other collectors for best sets.
Collectibles We Grade
No other third-party grading service compares to CGC when it comes to the certification of pop culture collectibles, including comic books, trading cards, video games, magazines, concert posters and lobby cards. Plus, our services are continually growing.
Comic Book Grading
Starting in 2000, CGC revolutionized comic book collecting with accurate and impartial grading and state-of-the-art protective holders. Today, CGC is the definitive leader in comic book certification.
CGC Signature Series
CGC is the leader in witnessed signature authentication. From facilitating signings at shows to hosting In-House Private Signings, CGC Signature Series connects fans and comic book creators.

CCS Pressing
Maximize your comic books’ potential before grading. With proven processes that enhance appearance, CCS is the world’s leading comic book pressing, restoration and restoration removal service.
Watch the Video to Learn More!

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Paper Grading
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I’m excited to offer this wonderful service to homeschoolers. Many moms feel inadequate to give an impartial grade to their high school student when working with something as subjective as writing. My paper grading service can help.
I work directly with the student so you can take yourself completely out of the equation, but I also offer tips your writer can apply to future papers or that you can use to better mentor him or her.
This can work a couple of ways. You (or your student) will send me a completed paper to be graded. Usually, I receive these as a Word document via email, but PDFs and Google Docs (with permissions in place) can also work.
Option A: I give a grade either based on the SAT/ACT grading rubric, a simple Letter Grade, or a combined score based on a Structure and Style checklist, depending on your preference.
Option B: I provide a prompt for your student with input from you on what he or she is currently studying and with a specific goal in mind. Your student writes the paper and submits it for a grade.
Option C: You send me the prompt from your curriculum, I email the student with some ideas for how to structure the paper. The student then decides how to approach the paper, follows the Writing Process, and sends it back to me for either editing first or a grade right away.
Any or all of these can happen in a given a term and with considerable variation. Prices vary depending on the length of the paper, the depth of citation, and the type of feedback your student needs. For most papers, using Option C (the most popular) with a length of 2 to 3 pages (or about 5 paragraphs), with one edit and then a final grade, and an average turn-around time of a few days, figure on $20-$25 per assignment. Fees for longer papers or those requiring more documentation or significant editing will cost more, with “term papers” and dissertations being the most expensive at $60 and up, depending on length. Shorter projects are usually around $15.
I regularly work with the IEW and LToW formats but also am very familiar with and have on hand the following: Omnibus; Jensen’s Format Writing; Writing Stands; Writing Power; Writing Aids (Tapestry of Grace); Creative Expression Assignments (Sonlight); CQLA / WBLA; Weaver’s English courses with the assignments in the Volumes and from each corresponding Supplement; Bob Jones’ Secondary Literature Textbooks; Hewitt’s Lightning Lit courses; Janice Campbell’s Excellence in Literature series; Center for Learning’s Novel Guides; and Perrine’s Structure, Sound, and Sense textbook. (I’m sure there are more that I forgot to list.)
In addition to grading papers for students, I can also lend a hand grading papers for college professors. Please contact me for more information regarding bulk grading since I only take these projects on when my teaching schedule permits.
Use my informational email ([email protected]) to submit a request for my current schedule and to learn more about how this works (scheduling, email, software, payment, and other details). I will respond to that email using my “real” email address.
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PAPER GRADER FOR TEACHERS

Measuring student progress
There are a multitude of different ways to measure student comprehension and teacher performance in the classroom, from student self-assessments to daily quizzes. Unfortunately, many of the most common performance measures involve a great deal of paper grading for teachers. The upside is that the data that can be gathered from the administration of frequent check-ins, formative assessments, and other testing tools can be helpful for much more than simply measuring achievement or assigning grades. They are also particularly useful for providing feedback and insight into what lessons are being learned, what content areas are creating stumbling blocks, and what teaching methods are proving to be most successful. It is getting those papers graded in a timely manner in order to access actionable information that is the challenge.
To ensure that teachers can respond to the formative feedback available, student assessments and other assignments must be scored promptly. That is why so many teachers rely on some type of paper grader app, software, or other paper grading system. Depending on the level of flexibility and functionality, this can greatly speed up the grading process. It is not uncommon for these test grader systems to involve pre-printed bubble sheets that allow teachers to use basic multiple choice or true/false question types that students can answer. These answer forms can be scanned by a special document camera or other scanning device that can fairly speedily score the correct responses. This expedites the time it takes for teachers to grade papers, but that is where the benefits tend to stop.
Before and after grading papers
Expediting the grading of quizzes, tests, homework, papers, and other assignments is certainly a valuable timesaver for teachers, but it is really only one step in a rather complex assessment administration process. Before assessments can be even given, they must first be created. But limiting the answer options to standard multiple choice means also limiting the usability for answers that do not neatly fit within a standard format, like number grids, rubrics, and handwritten responses. Additionally, it is important for today’s teachers to be able to connect test questions to one or more mandated or custom standards for tracking and reporting purposes. And, of course, once papers are scored, the data they provide still has to be compiled, analyzed, and recorded.
The data educators ultimately gather from grading papers often also needs to be able to be shared in a variety of different ways for parent/teacher conferences, Professional Learning Communities (PLCs), administrative reviews, mandated reporting requirements, etc. These preparatory and post-test tasks can take up an enormous amount of time above and beyond the actual grading, despite the paper grading component being the primary focus of attention in any assessment conversation. In fact, even the manual transfer of student scores into a teacher gradebook is a more burdensome task than most administrators appreciate according to a recent Tech & Learning report. In the larger context of assessment processes and corresponding teacher needs, any paper grader technology than just grades papers is only saving time at one stage of a multilayered, time-consuming process.
ASSISTANCE AT EVERY STEP

Fortunately, GradeCam took all of these needs, and more, into consideration in order to develop a truly comprehensive assessment solution that saves time at every opportunity in the assessment process. Sure, GradeCam is an easy grader system to use for quick scanning and scoring of assessments, but it’s also an amazing teacher app for creating tests , with enormous flexibility for customization. It easily accommodates traditional multiple choice and true/false type answer forms. Plus, it allows for customization of the contents inside the bubbles. It also greatly expands upon answer type possibilities to allow for customized answer grids, teacher-graded rubrics, and even handwritten answers that are perfect for fill-in-the-blanks, math solutions, and other short written responses. Grading papers by scanning and scoring has never been so fast and flexible!
GradeCam doesn’t stop there, though. It is also capable of tracking existing and custom standards, generating a variety of flexible data reports, and automatically recording grades in any digital gradebook with the touch of a button. (Literally, transferring an entire class of grades only requires a single key stroke.) Using GradeCam’s Student Portal, students are even able to grade their own papers as they complete their tests for immediate feedback. Of course, the teacher is able to choose whether students are able to view their missed questions or simply their final scores. But the fact that paper grading for an entire class of students could be completed the moment the last assessment is turned in – without the teacher ever touching them – is a pretty remarkable feat to witness.
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No more road trips with stacks of paper in the passenger seat and sorted piles in the floorboard - Rodney Crouse, Teacher

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A Legacy of Protection and Security
Standards • consistency • integrity, protect your notes for the next generation.
Whether your collection holds sentimental or investment value, entrust your treasured banknotes to Legacy for authentication and preservation in the safest and best archival material for long-term storage. You can depend on us for a legacy of protection and security.
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Legacy Currency Grading is an experienced and accurate grader in third party collectible paper money grading and authentication, grading more than 1,000,000 notes since 2005.
What Sets Legacy Currency Grading Apart
Unlike other paper money certification companies, Legacy Currency Grading is the only grading service that encapsulates notes in Mylar®, the safest and best archival material for long-term storage and the only material now used by the Library of Congress and the Smithsonian Institution to store priceless historical documents.
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The “red” PCGS holders were early holders issued by Collectors Universe PCGS to indicate notes with an apparent grade. They wanted to make it crystal clear that these apparent notes -although meeting the technical qualifications for the listed grades - had other flaws - such as tears or restorations - which indicated that the notes were not of the same quality as notes without an apparent grade. Needless to say, the red holders were not popular as they were a great distraction from some very nice notes so they were discontinued.
The “blue” PCGS Gold Shield Grading holders are a bit more complex to understand. Collectors Universe (CU) owns PCGS coin. CU started a service called PCGS Currency - but exited the currency market by selling the PCGS name to a company called K3B – which has been the subject of many articles on this forum.
There were then disputes between K3B and Collector’s Universe. Collector’s Universe subsequently re-eneterd the currency grading market with “PCGS Banknote Grading” holders. Because of legal reasons their offices were located in Europe and Asia only – so many of these notes, but not all, are non-US notes. Again after disputes between Collector’s Universe and K3B the name of their grading service was changed to PCGS Gold Shield Grading – the Gold Shield to reference their coin holders.
There are thus many varieties of PCGS currency holders to collect – see above thread for examples.

Always looking for low S/N Red Seals / $5 FRNs: 1950a - 1969b
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Paper Money Guaranty (PMG) is the world's largest and most trusted third-party grading service for paper money. Learn more > Verify PMG Certification What's This? Cert # Grade Confirm Package Delivery What's This? Tracking # Submit Notes Learn how to submit notes to PMG for expert authentication and grading. Learn more > PMG Population Report
Additional Services: PCGS is proud to offer the following services First Day of Issue $5 First Print $5 Oversized Holder $10 Pack Grading Certify and protect complete packs of banknotes See Submission Guidelines Coin Grading Coin authentication and grading by the industry leader See all coin grading services Submission Resources
Paper Money Guaranty ® (PMG ®) was founded in 2005 as a fully independent third-party paper money grading service. With an unparalleled commitment to accuracy, consistency and integrity, PMG is the world’s largest third-party paper money grading service with more than 8,000,000 notes certified.
Grades PCGS Banknote uses a 70-point numerical scale universally accepted by collectors. Below is a brief description to show how a note is evaluated and assigned a grade by PCGS Banknote. Please note that all banknotes graded 65 and higher must also meet the criteria for Premium Paper Quality (PPQ). Please Note:
The Top Grading Service for Pop Culture Collectibles! Certified Guaranty Company (CGC) is the world’s leading third-party grading service for comic books, trading cards, video games, magazines, concert posters and more.
My paper grading service can help. I work directly with the student so you can take yourself completely out of the equation, but I also offer tips your writer can apply to future papers or that you can use to better mentor him or her. This can work a couple of ways. You (or your student) will send me a completed paper to be graded.
The Paper Grading App for Teachers to Easily Grades Papers | GradeCam Measuring student progress There are a multitude of different ways to measure student comprehension and teacher performance in the classroom, from student self-assessments to daily quizzes.
Service You Can Trust Legacy Currency Grading is an experienced and accurate grader in third party collectible paper money grading and authentication, grading more than 1,000,000 notes since 2005. About Us What Sets Legacy Currency Grading Apart
The “red” PCGS holders were early holders issued by Collectors Universe PCGS to indicate notes with an apparent grade. They wanted to make it crystal clear that these apparent notes -although meeting the technical qualifications for the listed grades - had other flaws - such as tears or restorations - which indicated that the notes were not of the same quality as notes without an apparent ...