Both NGC and ANACS had details grading long before PCGS (ANACS was first). I'm surprised it took PCGS this long.
To be honest I don't like it because they all do it differently. ANACS will state the grade based on the details regardless of the problem. NGC states the net grade considering the problem. And as of yet I have no idea what PCGS is doing based on those coins. No way I'd say that cent is VF. They should all just state the problem and say Genuine, or go back to not slabbing them at all.
I'm assuming you're referring to the image by James m, that coin isn't slabbed, it's just the label. It's in a "bodybag", it's in a little plastic flip with the NGC label. I also believe NGC refunds the grading fees if they call a coin questionable authenticity. Only some people do, and there are a number of variables and misconceptions that play a role in that. But, I don't want to derail the OP's thread, so I won't get into all that.
I don't think NGC net grades, and when NCS was around they didn't net grade either. NCS http://www.ncscoin.com/news/enews/ncs_enews_0302feb.htm NGC states: http://www.ngccoin.com/details/grading-scale.aspx I only remember ANACS doing net grading, but they swithched to details grades like 5+ years ago.
Oh, so that's a bodybag! First time I've seen a pic of one. It looked like a slab at first glance. Thanks for the info.
No they don't. They will refund if they come to No Opinion, or if it is something they don't slab, but for Questionable Authenticity it is full charge.
I was under the assumption that Questionable Authenticity was a form of "No Opinion". This is what I was going by: http://www.ngccoin.com/services/authenticity.aspx Is that no longer the policy?
