Sarasota-headquartered firm has massive yr in 2021 certifying collectibles – Sarasota Herald-Tribune

Whereas actual property costs have soared in Sarasota-Bradenton due to the pandemic, the general public’s curiosity in collectibles has additionally surged, permitting a Sarasota-headquartered firm so as to add greater than 200 workers in 2021, in accordance with a information launch from Licensed Collectibles Group.
Licensed Collectibles Group operates a number of firms that certify, grade or authenticate the whole lot from stamps to Pokémon playing cards, cash and comedian books.
“Collectibles exploded in reputation at first of the pandemic, they usually’ve continued to thrive,” mentioned Steven R. Eichenbaum, CEO of the Licensed Collectibles Group, in a information launch. “In additional than 30 years, we’ve by no means seen something just like the curiosity that we’re experiencing proper now.”
Earlier protection:Sarasota-based firm performed main position within the sale of an $18 million coin assortment
Extra:A whole bunch of cash graded by Sarasota firm promote in November Public sale for $8.9 million
Corporations underneath the CCG umbrella licensed 9 million gadgets in 2021, or about 3.5 gadgets each second.
To match the demand for certification providers, the corporate employed 200 folks in 2021, bringing the whole workforce at its firms to 600, in accordance with a information launch.
The enterprise additionally elevated its workplace area in Florida by 40,000 sq. ft and now leases greater than 100,000 sq. ft of workplace area. CCG’s branches in the UK, Germany and China additionally noticed development, the corporate mentioned in a information launch.
Numismatic Warranty Firm, an affiliate of CCG, had 16 cash its workers graded promote for greater than $1 million in 2021. The corporate graded about 4.9 million cash, tokens and medals in 2021.
NGC has now licensed greater than 52 million collectibles. A Brasher Doubloon the corporate graded bought for $9.36 million in January 2021.
The CCG affiliate that certifies banknotes and different collectible paper cash, Paper Cash Warranty, licensed 1.3 million collectibles in 2021, bringing its complete to almost 7 million.
The corporate highlighted an “error be aware” known as the “Del Monte” that bought for $396,000 final yr. A banana sticker “by some means grew to become affixed to the be aware between printings, resulting in the collectibles title.
Licensed Warranty Firm certifies comedian books, buying and selling playing cards, magazines, live performance posters and different popular culture collectibles. In 2021, it licensed 2.5 million collectibles.
A duplicate of Wonderful Fantasy #15 licensed by the CCG affiliate “shattered the file for most costly comedian guide ever bought at public sale in September. That comedian guide bought for $3.6 million.
The affiliate that certifies buying and selling playing cards, CGC Buying and selling Playing cards, licensed greater than 1 million buying and selling playing cards final yr. A Blastoise Pokémon card, graded by the corporate, bought for $360,000 final yr, a file for an English Pokémon card.
Licensed Sports activities Warranty, the CCG affiliate that certifies sports activities playing cards, launched in early 2021. That firm has licensed greater than 600,000 playing cards since, with the primary card the corporate licensed — a uncommon LeBron James card — promoting for $98,100 in March.
Collectibles Authentication Warranty certifies the provenance of historic gadgets, together with hundreds of area artifacts from Neil Armstrong’s Household Assortment. An American flag that traveled to the moon aboard Apollo 11 and was licensed by CAG bought for $275,000 final yr.
CCG expects demand to stay sturdy for authentication providers in 2022, the corporate mentioned in a information launch.