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Is it really possible that only PCGS and NGC get it right?
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<p>[QUOTE="Insider, post: 2309752, member: 24314"]I do not like a loss of guarantee either. What good would they be if the Authenticity Guarantee is lost to <span style="color: #b30000">BUT </span>Look at their side: Copper coins develop spots after slabbing = lower grade. Silver Eagles develop spots after slabbing = lower grade. Modern Commemoratives develop spots after slabbing = lower grade (I believe this guarantee is still in force <span style="color: #b30000">yet IMO it should be ended also. </span>You can tell I don't do much slabbing...LOL. </p><p> </p><p>Anyway, TPGS don't know what's on the coin and many time they change (doctored gold w/blue haze in old slabs!). </p><p> </p><p>TPGS are a big business today. When I was young, when ANACS made an authentication error ONLY THE AUTHENTICATION FEE WAS REFUNDED. No one sued anyone over it. ANACS was on a learning curve and they were the best (along with dealer consultants) we had. <span style="color: #b30000">Come to think about it...that may still be the case with PCGS so they do not need to pay more. </span>Anyone here know? One member wrote somewhere that there is nothing in writing about the PCGS guarantee on authentication! </p><p> </p><p>I do know for 100% (can only speak of one instance - there may be more and I will not say if it was ICG or ANACS) that one of them gave a dealer $$$ credit on future submissions when a coin that should not have "crossed" (MS vs PF) was cracked out in error.[/QUOTE]</p><p><br /></p>
[QUOTE="Insider, post: 2309752, member: 24314"]I do not like a loss of guarantee either. What good would they be if the Authenticity Guarantee is lost to [COLOR=#b30000]BUT [/COLOR]Look at their side: Copper coins develop spots after slabbing = lower grade. Silver Eagles develop spots after slabbing = lower grade. Modern Commemoratives develop spots after slabbing = lower grade (I believe this guarantee is still in force [COLOR=#b30000]yet IMO it should be ended also. [/COLOR]You can tell I don't do much slabbing...LOL. Anyway, TPGS don't know what's on the coin and many time they change (doctored gold w/blue haze in old slabs!). TPGS are a big business today. When I was young, when ANACS made an authentication error ONLY THE AUTHENTICATION FEE WAS REFUNDED. No one sued anyone over it. ANACS was on a learning curve and they were the best (along with dealer consultants) we had. [COLOR=#b30000]Come to think about it...that may still be the case with PCGS so they do not need to pay more. [/COLOR]Anyone here know? One member wrote somewhere that there is nothing in writing about the PCGS guarantee on authentication! I do know for 100% (can only speak of one instance - there may be more and I will not say if it was ICG or ANACS) that one of them gave a dealer $$$ credit on future submissions when a coin that should not have "crossed" (MS vs PF) was cracked out in error.[/QUOTE]
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Is it really possible that only PCGS and NGC get it right?
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