Elite Coinage is developing anti-counterfeiting technology for

BOCA RATON, Fla., July 08, 2021 (GLOBE NEWSWIRE) – Elite Coinage Co., a merchant and creator of collectibles, today unveiled a proprietary anti-counterfeiting printing technology infused with 24K gold developed in working with VeriTrace, Inc., the nation’s largest printer of high-security government vital records.

At its first Elite Technology Show, Elite unveiled its Limited Edition High Security 24k Gold Collector’s Note showcasing one of television’s most enduring and beloved hits: Golden girls. The note combines multiple printing processes including five-color offset, intaglio and 24k gold infused holographic foil, UV-visible ink, individual serial numbering and over 20 design elements. security, many of which are not commercially available and are generally reserved for high quality users. government security documents.

According to Elite CEO and Founder Yury Shapshal: “As fans, collectors and investors migrate to collectibles, so do counterfeiters, who operate with increasing sophistication. Brands must catch up or risk losing their precious intellectual property. For our licensing portfolio, given my experience in the FinTech industry, we drew on what we knew to work in the banking industry. Today, we have one of the strongest protections for collectibles on the market, and our technology can be applied to almost any collectible, including NFTs, Sports Trading Cards, comics, art, etc.

In addition to Golden girls, Elite will develop licensed collectibles for ABC Entertainment favorites, such as Dance with the stars, General Hospital, and School rock!

According to Emma Slater, Shapshal business partner and co-founder of Elite: “Our license partners demand the highest levels of security for their valuable rights. We knew that what existed was not working. It was therefore essential to reinvent the anti-counterfeiting technology usually reserved for banknotes and to apply it to collectibles. “

“Getting an exclusive deal with VeriTrace was key,” Shapshal said. “VeriTrace is one of the few printers in the United States to have access to high-security technologies and components that are not commercially available. By design, our products contain totally unique and random technology fingerprints, paving the way for future authentication. Add 24k gold and you have a hybrid collector’s item of revolutionary quality, complexity and safety.

At the VeriTrace factory in Ohio, each individual note is subject to multi-layered protections only found in high security documents. According to Jim Columbus, VeriTrace’s vice president of North American sales for government and vital documents: “Soon after Elite approached us two years ago, it became clear that this R&D challenge would to the test of our combined 110 years of security printing experience. We have been asked to come up with new, undeveloped printing methods and technologies. Today, all of these efforts and collaboration have borne fruit. From beautiful graphics to extreme printing technologies, these notes are completely secure. As a specialist with over 37 years of experience, I can confidently say that this is a note that I would not be able to forge. We are delighted with this collaboration with Elite and we welcome the challenge. ”

Shapshal’s efforts have caught the attention of Mark Salzberg, President of Certified Collectibles Group (“CCG”), the world’s leading provider of expert, unbiased and technological services that add value and liquidity to collectibles. According to Salzberg: “Our certification offers a guarantee of authenticity and condition as well as protection in our state-of-the-art holders. Our reviewers rated Elite’s ratings against our exacting standards, and over nine out of ten achieved the highest rating available. In all of these respects, Elite’s technology is up to the task.

CCG Collectibles Authentication Guaranty (CAG) subsidiary – generally reserved for large collections, estates, museums and selected artists – is now the exclusive service for rating these notes.

According to Shapshal of Elite: “Successful brands generate billions of dollars in revenue from royalties on the sale of licensed products, making them ideal targets for counterfeiters. Maintaining the status quo is simply not enough. Our technology is aimed at any brand concerned with protecting its intellectual property.

About elite currency. Founded in April 2018, Elite Coinage has marketed high-end, high-value collectibles, focusing on technological innovation, cutting-edge quality and respected partnerships. Shapshal, a 20 year veteran of the fintech industry, has been involved in the collectibles market since 2007. Visit www.elitecoinage.com.

About VeriTrace. As a multi-level security company, VeriTrace offers a full line of advanced anti-counterfeiting and tamper-evident solutions combined with unique security designs. These provide powerful brand protection tools with a full range of open, secret and forensic scalable features to protect governments and brands. VeriTrace is a member of NASPO International, a non-profit association dedicated to the development and support of national international safety standards through training, auditing and certification. Visit www.veritrace.com.

About the Certified Collectibles Group. CCG is the world’s leading provider of expert, unbiased and technological services that add value and liquidity to collectibles. CCG companies include Numismatic Guaranty Corporation® (NGC®), Numismatic Conservation Services ™ (NCS®), Paper Money Guaranty® (PMG®), Certified Guaranty Company® (CGC®), Classic Collectible Services® (CCS®) , Certified Sports Guaranty ™ (CSG ™), Authenticated Stamp Guaranty® (ASG®) and Collectibles Authentication Guaranty® (CAG®). Since 1987, CCG companies have certified over 60 million coins, banknotes, comics, trading cards, sports cards, stamps, real estate and related collectibles. Today, CCG serves the collectibles world online and at offices in the US, UK, Germany and China. To learn more, visit collectiblesgroup.com.

Media contact: Elite Coinage Co. [email protected]

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/e4328ee1-9cc0-424d-9295-0fdaf2c15d98

The photo is also available on Newscom, www.newscom.com and via AP PhotoExpress.

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