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How do PCGS & NGC “Guarantee” their grading?
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<p>[QUOTE="MIGuy, post: 5383303, member: 116145"]I'm sure ANACS does the same thing, ICG's guarantee (from their website) states, "U.S. and Foreign coins graded and encapsulated by ICG are guaranteed to be genuine, unless they are encapsulated in the <a href="http://www.icgcoin.com/about/the-holder/the-educational-slab-for-altered-and-counterfeit-coins/" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.icgcoin.com/about/the-holder/the-educational-slab-for-altered-and-counterfeit-coins/" rel="nofollow">ICG Educational Slab</a>. Any Customer may resubmit any coin for review of the grade assigned by ICG if such Customer believes that such coin has been over-graded by ICG. If the coin submitted for review by the Customer receives a lower grade under ICG’s internal review practices than the grade originally assigned, ICG shall, at ICG’s option, either (a) replace the coin, or (b) pay any difference between the current fair market value of such coin at the newly established grade and the current market value of the grade originally assigned to such coin."</p><p><br /></p><p>It's pretty explicit - makes me feel secure about buying slabbed coins from the big four TPGSs.[/QUOTE]</p><p><br /></p>
[QUOTE="MIGuy, post: 5383303, member: 116145"]I'm sure ANACS does the same thing, ICG's guarantee (from their website) states, "U.S. and Foreign coins graded and encapsulated by ICG are guaranteed to be genuine, unless they are encapsulated in the [URL='http://www.icgcoin.com/about/the-holder/the-educational-slab-for-altered-and-counterfeit-coins/']ICG Educational Slab[/URL]. Any Customer may resubmit any coin for review of the grade assigned by ICG if such Customer believes that such coin has been over-graded by ICG. If the coin submitted for review by the Customer receives a lower grade under ICG’s internal review practices than the grade originally assigned, ICG shall, at ICG’s option, either (a) replace the coin, or (b) pay any difference between the current fair market value of such coin at the newly established grade and the current market value of the grade originally assigned to such coin." It's pretty explicit - makes me feel secure about buying slabbed coins from the big four TPGSs.[/QUOTE]
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How do PCGS & NGC “Guarantee” their grading?
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