We provide authentication and grading services to dealers and collectors of
coins, trading cards, event tickets, autographs and historical and sports
memorabilia ("collectibles"). We believe that our authentication and grading
services add value to these collectibles by enhancing their marketability and
thereby providing increased liquidity to the dealers, collectors and consumers
that own and buy and sell them.
Once we have authenticated and assigned a quality grade to a collectible, we
encapsulate it in a tamper-evident, clear plastic holder, or issue a certificate
of authenticity, that (i) identifies the specific collectible; (ii) sets forth
the quality grade we have assigned to it; and (iii) bears one of our brand names
and logos: "PCGS" for coins, "PSA" for trading cards and event tickets and
"PSA/DNA" for autographs and memorabilia.