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How good is PCGS' Guarantee?
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<p>[QUOTE="crypto79, post: 2593888, member: 24254"]Not nearly as good as it used to be, there isnt anything for strike, color, corrosion or PVC/toning issues. Only seriously misgraded, fake, missed damage or repair get consideration any more with the rest sent through their fee for service restoration service.</p><p><br /></p><p>It sucks too because now there are starting to be crappy ungrable coins with PVC or incorrect designations being traded cheap dealer to dealer and sold to collectors unknowningly thinking the PCGS brand means more than it really does. Kind of like the raw unholdered days that TPGs were supposed to fix and protect customers from. I had a freshly graded trade dollar turn green with lots of PVC bloom that etched into the surface of the coin after a year or so in the SDB. I had to pay over 100$ to get a skin less and burnt coin for damaged surfaces back still in an AU58 holder knowing full well it would never ever had made it into a problem free holder if submitted raw. I blew it out on Ebay for a multi-hundred $ loss and it still wasn't worth that.</p><p><br /></p><p>Those few payouts are mostly to placate a few noisy customers or dealers</p><p><br /></p><p>CAC has the only/best guarantee left in the hobby.[/QUOTE]</p><p><br /></p>
[QUOTE="crypto79, post: 2593888, member: 24254"]Not nearly as good as it used to be, there isnt anything for strike, color, corrosion or PVC/toning issues. Only seriously misgraded, fake, missed damage or repair get consideration any more with the rest sent through their fee for service restoration service. It sucks too because now there are starting to be crappy ungrable coins with PVC or incorrect designations being traded cheap dealer to dealer and sold to collectors unknowningly thinking the PCGS brand means more than it really does. Kind of like the raw unholdered days that TPGs were supposed to fix and protect customers from. I had a freshly graded trade dollar turn green with lots of PVC bloom that etched into the surface of the coin after a year or so in the SDB. I had to pay over 100$ to get a skin less and burnt coin for damaged surfaces back still in an AU58 holder knowing full well it would never ever had made it into a problem free holder if submitted raw. I blew it out on Ebay for a multi-hundred $ loss and it still wasn't worth that. Those few payouts are mostly to placate a few noisy customers or dealers CAC has the only/best guarantee left in the hobby.[/QUOTE]
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