PMG Announces Grading Services for Bond and Stock Certificates

Posted on 9/12/2019

The banknote grading company is expanding to certify collectibles from the world of scripophily.

Paper Money Guaranty® (PMG®) has announced that it is now grading and encapsulating most bond and stock certificates.

Bond and stock certificate collecting, known by specialists as “scripophily,” is an important subset of numismatics that has achieved greater recognition in recent years. Many companies no longer issue printed certificates, so these items serve as uniquely tangible links to famous businesses and brands. Collectors are drawn to the intricate designs of many certificates as well as the business and financial history they represent.

“Many bond and stock certificates feature incredibly beautiful designs representing some of history’s greatest companies and achievements,” says Mark Salzberg, chairman of PMG.
Click image to enlarge.

Bond and stock certificates often were printed by the same institutions that printed banknotes, making them a logical fit for PMG, a leading third-party authentication, grading and encapsulation service for banknotes. PMG has certified more than 5 million banknotes since it was established in 2005.

Certificates larger than 400 x 470 mm are encapsulated on a case-by-case basis.
Click image to enlarge.

“We are thrilled to expand our expert and impartial certification services to this interesting and historically significant category,” says Mark Salzberg, chairman of PMG. “Many bond and stock certificates feature incredibly beautiful designs representing some of history’s greatest companies and achievements.”

The grading and encapsulation fee for bond and stock certificates with a maximum value of $1,000 is a flat $45 per item. The grading and encapsulation fee for bond and stock certificates valued over $1,000 is a flat $75 per item. Elite members receive a 10% discount.

Bond and stock certificates should be submitted on a separate submission form. When submitting bond and stock certificates, do not select a grading tier or Custom Holder. Simply write ESB for items with a maximum value of $1,000 or HSB for items valued over $1,000 in bold letters in a prominent place on the submission form. The bond and stock certificate codes should be submitted on separate submission forms.

The grading and encapsulation fee for bond and stock certificates with a maximum value of € 1,000 is a flat € 60 per item (including VAT). The grading and encapsulation fee for bond and stock certificates valued over € 1,000 is a flat € 90 per item (including VAT). Elite members receive a 10% discount.

Bond and stock certificates should be submitted on a separate submission form. When submitting bond and stock certificates, do not select a grading tier or Custom Holder. Simply write ESB for items with a maximum value of € 1,000 or HSB for items valued over € 1,000 in bold letters in a prominent place on the submission form. The bond and stock certificate codes should be submitted on separate submission forms.

The grading and encapsulation fee for bond and stock certificates with a maximum value of £750 is a flat £55 per item (including VAT). The grading and encapsulation fee for bond and stock certificates valued over £750 is a flat £80 per item (including VAT). Elite members receive a 10% discount.

Bond and stock certificates should be submitted on a separate submission form. When submitting bond and stock certificates, do not select a grading tier or Custom Holder. Simply write ESB for items with a maximum value of £750 or HSB for items valued over £750 in bold letters in a prominent place on the submission form. The bond and stock certificate codes should be submitted on separate submission forms.

The grading and encapsulation fee for bond and stock certificates with a maximum value of $1,000 is a flat $55 per item. The grading and encapsulation fee for bond and stock certificates valued over $1,000 is a flat $85 per item. Elite members receive a 10% discount.

Bond and stock certificates should be submitted on a separate submission form. When submitting bond and stock certificates, do not select a grading tier or Custom Holder. Simply write ESB for items with a maximum value of $1,000 or HSB for items valued over $1,000 in bold letters in a prominent place on the submission form. The bond and stock certificate codes should be submitted on separate submission forms.



Certificates larger than 400 x 470 mm are encapsulated on a case-by-case basis.

For information about PMG submissions, contact one of its offices:


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