PCS Stamps & Coins

Last updated
PCS Stamps & Coins
Company typeSubsidiary
Founded1970
FounderTed Stanley
Headquarters Norwalk, Connecticut
ProductsCoins, paper money and stamps
Website www.pcscoins.com

PCS Stamps & Coins, formerly known as the Postal Commemorative Society, is a company selling a variety of collectible stamps, coins, and other memorabilia. Their products include collectibles including U.S. silver dollars, other historic U.S. coins, State Quarters, mint condition U.S. stamps, and U.S. paper money. [1] The company is headquartered in Norwalk, Connecticut.

Contents

History

Postal Commemorative Society ("PCS") was first formed in 1970 as a division of MBI. Its first product was U.S. first day of issue covers. [2]

In 1973, MBI was still a subsidiary of Glendinning Companies. It consisted of two divisions, Postal Commemorative Society and The Danbury Mint. In December 1975, MBI ended all its legal ties with Glendinning Companies and became an independent business. Easton Press was formed in 1975 as MBI's third division. [2]

In the late 1900s, the company sold so-called "Golden Replicas of US Stamps" which were first day covers of stamps accompanied by an extremely (less than paper-thin) gold stamp of similar design. There is so little gold in these stamps that even at today's prices of near $US3000 per ounce they are worth less than the cost of extracting the gold from its aluminum or paper backing.

In 2006, Postal Commemorative Society changed its name to PCS Stamps & Coins to reflect the shift in its product offers. [2]

References

  1. ↑ "About Us - PCS Coins and Stamps". About Us | PCS Stamps & Coins. Archived from the original on 2013-10-29. Retrieved 2023-12-20.
  2. 1 2 3 "MBI History". Archived from the original on 2013-10-29. Retrieved 2013-10-24.
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