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A couple things to notice in those guarantees. NGC and PCGS both talk about fair market value with them being the sole determiners of just what the FMV is. (Which is interesting considering they both publish price guides claiming to tell you what the value of your coins are, but if you take them up on a grading guarantee all of a sudden their own price guide is no where close to FMV and you will be offered significantly less.) ANACS claims its offer is based on an unnamed price guide and it won't cover copper coins. At least SEGS claims it's reimbursement will be based on actual recent transactions.
And if you think the grading guarantees are shaky you should have seen the authenticity guarantees Until a couple years ago there weren't any written guarantees of authenticity. Thanks to the efforts of Majorbigtime and myself PCGS now has a fairly decent one. I haven't looked at NGC's lately to see if they have followed suit.
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Slab collector and researcher
reported as of 12/29/06
132 companies 332 production varieties
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