Message:

<p>[QUOTE=&quot;GDJMSP, post: 1076041, member: 112&quot;]Yes, they have no choice if the coin is covered under their guarantee.</p><p><br /></p><p><br /></p><p>&nbsp;</p><p>A color qualifier ? No. But there is in some cases a qualifier. For instance, some years ago NGC did not cover copper under their guarantee at all. Then they changed it and offered to cover copper for a period of 10 years. But after that 10 years there was no guarantee.</p><p><br /></p><p>PCGS on the other hand did cover copper under their guarantee, and they used to honor it. They honored it so much in fact that they changed their policy to be that they would no longer cover copper under their grading guarantee. But there is a caveat. Copper that was slabbed before that change in policy is still covered under the guaranntee. Copper slabbed after the change in policy is not covered any longer. So it depends on the date that the coin was slabbed - that is what determines if it is covered under their guarantee or not.</p><p><br /></p><p>&nbsp;</p><p><br /></p><p>&nbsp;</p><p>It would save them nothing because PCGS does not base the value of any coin on their own price guide. PCGS and NGC both determine the current market value of any coin in any way they want. You as the owner of the coin have absolutely zero say in the matter.</p><p><br /></p><p>You can point to any price guide you want, you can point to any realized auction price you want in any venue, you can point to the Grey Sheet, you can point to anything that says your coin is worth (for examples sake only) $7200. But if they say the coin is only worth $5700, then $5700 is what the value is and that is the number the guarantee is based on.[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in