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<p>[QUOTE="TIF, post: 3217913, member: 56859"]The article has at least one factual error:</p><p><br /></p><p>"The problem however, is NGC does not stand behind their opinion of grade and authenticity since neither is guaranteed."</p><p><br /></p><p>The <i>grade</i> is guaranteed, although I'm not sure how that would play out if questioned.</p><p><br /></p><p>On second reading, perhaps the HJB sticker program will have some impact:</p><p><br /></p><p>HJB now offers a sticker with its logo which states “Verified”. If we place it on the back of a slab or coin flip it means we have seen it and agree the piece is authentic. <b>We also will offer a sticker with the words “Guaranteed” which means we offer a lifetime refund for the price paid on any ancient coin which later is proved to be modern copies. The big difference between the two stickers is we provide a refund for the guarantee sticker.</b> The verified ancient coin sticker is strictly used for vetting purposes and does not carry any refund or buy back policy.</p><p><br /></p><p>It sounds like for now these Guaranteed stickers are only for coins they sell, so that is really just putting a sticker on an existing policy. This though,</p><p><br /></p><p>"In time we may offer a paid service for the guarantee sticker of items we didn’t sell but need to work out the infrastructure for that service first, so stay tune."</p><p><br /></p><p>is... interesting.[/QUOTE]</p><p><br /></p>
[QUOTE="TIF, post: 3217913, member: 56859"]The article has at least one factual error: "The problem however, is NGC does not stand behind their opinion of grade and authenticity since neither is guaranteed." The [I]grade[/I] is guaranteed, although I'm not sure how that would play out if questioned. On second reading, perhaps the HJB sticker program will have some impact: HJB now offers a sticker with its logo which states “Verified”. If we place it on the back of a slab or coin flip it means we have seen it and agree the piece is authentic. [B]We also will offer a sticker with the words “Guaranteed” which means we offer a lifetime refund for the price paid on any ancient coin which later is proved to be modern copies. The big difference between the two stickers is we provide a refund for the guarantee sticker.[/B] The verified ancient coin sticker is strictly used for vetting purposes and does not carry any refund or buy back policy. It sounds like for now these Guaranteed stickers are only for coins they sell, so that is really just putting a sticker on an existing policy. This though, "In time we may offer a paid service for the guarantee sticker of items we didn’t sell but need to work out the infrastructure for that service first, so stay tune." is... interesting.[/QUOTE]
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