John Dannreuther is one of the numismatic world's most highly esteemed coin dealers. An original founder of PCGS, he explains the origins of the company, that in part, began with discussions over Red Book pricing.
"One of Dannreuther's most noteworthy numismatic accomplishments was co-founding Professional Coin Grading Service (PCGS) in 1986. It began as a book project when he, David Hall, Bruce Amspacher and Gordon Wrubel met after coin shows to discuss writing a series of numismatic texts on each denomination. Instead, they decided the coin business needed guarantees of authenticity and grading to combat the abundance of overgraded coins, altered and repaired coins, and fakes at shows."
PCGS Article referenced: PCGS Founder John Dannreuther Named "Numismatist of the Year" by American Numismatic Association
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Hear the untold stories of esteemed dealers, collectors, and industry insiders, on PCGS' own video series: Slab Lab with Seth Chandler. See first-hand what coins got them started in collecting, how they climbed the ranks to holding the top-rated sets/collections in the Set Registry, and for many, a hobby turned career in numismatics. Find out more at pcgs.com/slablab
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