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How do PCGS & NGC “Guarantee” their grading?
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<p>[QUOTE="GDJMSP, post: 5398824, member: 112"]Of course it does. But they conveniently ignore that because they choose to simply ignore it.</p><p><br /></p><p>Ya see, they write rules for their guarantee, nobody else. And nobody else has any say in the matter. You either accept what they say, or you walk away.</p><p><br /></p><p>Of course they write rules for their grading and everything else they do too. And you either accept it or walk away. </p><p><br /></p><p>I'd like to add one other thing I haven't said yet. I actually agree with how PCGS determines the real world value of a coin. That's because the real world value of a coin is what a knowledgeable person, a knowledgeable dealer, would pay for it. </p><p><br /></p><p>I've stated for as long as I've been around that the real world value of a coin, any coin and every coin, is determined and established by the electronic dealer market. And it's been that way since the days it was run on ticker tape.[/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 5398824, member: 112"]Of course it does. But they conveniently ignore that because they choose to simply ignore it. Ya see, they write rules for their guarantee, nobody else. And nobody else has any say in the matter. You either accept what they say, or you walk away. Of course they write rules for their grading and everything else they do too. And you either accept it or walk away. I'd like to add one other thing I haven't said yet. I actually agree with how PCGS determines the real world value of a coin. That's because the real world value of a coin is what a knowledgeable person, a knowledgeable dealer, would pay for it. I've stated for as long as I've been around that the real world value of a coin, any coin and every coin, is determined and established by the electronic dealer market. And it's been that way since the days it was run on ticker tape.[/QUOTE]
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How do PCGS & NGC “Guarantee” their grading?
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