Reply to Thread

Message:: [QUOTE="krispy, post: 1342071, member: 19065"]Consider this... This first story is a year old news now, but still relevant for this thread I believe: <a href="http://www.coinlink.com/News/category/coin-grading-authentication/paper-money-guaranty/" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.coinlink.com/News/category/coin-grading-authentication/paper-money-guaranty/" rel="nofollow">PMG Announces Second-Generation Holder</a> "The next generation  PMG label and holder is scheduled for release on Jan. 3, 2011" "PMG will begin use of a new generation holder on January 3, 2011. All  notes encapsulated after that date by PMG will automatically be placed  in the new holder. This holder marks the first design iteration of the PMG holder  since the company launched in 2005. The second-generation PMG holder is  made from the same high-quality inert materials and is very similar in  shape and overall aesthetics; however, it features new, highly  sophisticated anti-counterfeiting and tampering-prevention technologies." (<a href="http://www.coinlink.com/News/category/coin-grading-authentication/paper-money-guaranty/" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.coinlink.com/News/category/coin-grading-authentication/paper-money-guaranty/" rel="nofollow">more</a>) As Rick mentioned, with these <a href="http://www.pmgnotes.com/pmg_holder.asp" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.pmgnotes.com/pmg_holder.asp" rel="nofollow">newer PMG holders,</a> "there are no openings or perforations, it guards against environmental hazards and contaminants." Note also that PMG places the note itself in an internal clear sleeve before, encapsulating in the outer sleeve for added layers of protection to notes. There's more detailed info on the specifics of the newer PMG holders, just follow the links to the articles. Now for PCGS Currency, I think this story is worth taking notice of as did Coin Link for publishing the story: <a href="http://www.coinlink.com/News/general-collecting/pcgs-currency-holders-“take-the-heat”/" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.coinlink.com/News/general-collecting/pcgs-currency-holders-“take-the-heat”/" rel="nofollow">PCGS Currency Holders “Take the Heat”</a><a href="http://www.coinlink.com/News/general-collecting/pcgs-currency-holders-“take-the-heat”/" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.coinlink.com/News/general-collecting/pcgs-currency-holders-“take-the-heat”/" rel="nofollow"> </a>This story from CoinLink.com 12/08/2008 "With only a dozen exceptions, all the paper items in a Florida  collector’s home safe were destroyed or damaged by intense heat during a  house fire.  The only papers that survived unscathed were 12 bank notes  inside PCGS Currency holders, including two 1907 $10 Gold Certificates." “There were eleven large size and one small size PCGS  Currency-certified notes recovered from the fire earlier this year.  The  holders were sooty and some had blisters and discoloration on their  surface, but the notes inside all survived without damage,” said Laura  A. Kessler, Vice President of PCGS Currency, a division of Collectors  Universe, Inc. (NASDAQ: CLCT). All other paper items in the five-foot tall gun safe at the anonymous  collector’s central Florida home were destroyed or damaged from the  extreme heat, including family documents, photographs and bank notes not  housed in PCGS Currency holders.  Hundreds of encapsulated coins  survived the fire, although their holders partially melted and were  deformed." “The house had a metal roof and was built on stilts that collapsed  during the fire.  The safe had a one-hour rating, but it took about four  hours until the fire was put out.  The Fire Department said the metal  roof made it like an oven (under the collapsed building),” the collector  said.“When he submitted the notes he asked us to re-holder them, but at  first glance I thought there’d be a change in grades because of the  apparent damage to the outside of the holders.  I didn’t know what we’d  find when we carefully removed the notes from the holders, but they all  survived with no damage.  It was fantastic,” said Kessler.“The top-grade materials that are used for our holders undoubtedly  saved the notes.  They’re made from DuPont Mylar-D®, the safest and best  archival material for long-term storage of bank notes.  This material  is the same used by the Smithsonian in Washington, D.C. for storage of  important historical documents. It has a higher melting temperature, and  thus is safer than other currency holders in the marketplace.” (<a href="http://www.coinlink.com/News/general-collecting/pcgs-currency-holders-“take-the-heat”/" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.coinlink.com/News/general-collecting/pcgs-currency-holders-“take-the-heat”/" rel="nofollow">more</a>) Follow the link for the rest of the story and a full list of the recovered notes. I know and understand some people's perspective that the currency holders may not give the same impression as a coin holder does, but read and remember these two stories and consider that the strength of a birds egg is able to support the weight of its parent without being crushed in the nest, but it can be cracked open with little effort too. :thumb:[/QUOTE]

Create my FREE Account!

Log in or Sign up

Reply to Thread

Useful Searches