Message:

<p>[QUOTE=&quot;Silver Striker, post: 148087, member: 1745&quot;]I have been researching the TPG companies from a standpoint of who has the BEST grading guarantee NOT the best at actual grading.&nbsp; Here&#039;s what I have found...</p><p><br /></p><p>The best guaranty that I&#039;ve read so far is from...</p><p><br /></p><p><b><u>NGC</u></b></p><p><br /></p><p><i>The grading of coins is subjective and solely reflects the opinions of the NGC graders. All coins submitted to NGC shall be examined in accordance with NGC grading procedures. In the event that any owner or subsequent purchaser of an NGC coin believes that a coin has been over-graded by NGC with respect to such procedures, such person may submit the coin to NGC through its &quot;Appearance Review&quot; service for a review of the assigned grade. If the grade determined under such review in NGC&#039;s sole opinion is ultimately lower than that originally assigned to the coin, NGC shall, at NGC&#039;s option, either exchange the coin in question with an equivalent coin at the earlier higher grade or pay the difference between the current fair market value of the coin at the newly established grade and the current fair market value of the grade originally assigned to such coin. Due to the volatile nature of the coin market and Internet auctions/sales, the selling prices in these auctions/sales do not necessarily represent the current fair market value of any particular coin. NGC will determine the current fair market value of a coin based upon what NGC believes, in its sole opinion, to be reliable current market information. NGC&#039;s subjective determination of fair market value shall be binding on all prties. Removal of a coin from its NGC holder, or tampering with the holder, nullifies this Guarantee. If requested, NGC will remedy any clerical error with respect to the description or grade of a coin on its label, free of charge.</i></p><p><br /></p><p><b><u>ANACS states...</u></b></p><p><br /></p><p><i>ANACS guarantees the grade and authenticity of the coins it certifies and encapsulates in an ANACS holder. Furthermore, ANACS guarantees that every coin submitted to it shall be certified by ANACS’ grading experts in accordance with the ANACS grading standards, policies and procedures.</i></p><p><i><br /></i></p><p><i>In the event the owner of an ANACS-graded coin believes that it has been overgraded under the ANACS standards, policies and procedures, the owner may submit the coin to ANACS for re-examination under a procedure which precludes the graders from being aware of the grade originally assigned.</i></p><p><i><br /></i></p><p><i>If the re-examination grade is lower than the grade originally assigned by ANACS, ANACS agrees to either replace the coin at the new and correct grade or to pay to the owner of the coin the difference between the coin’s fair market value at the re-examination grade and the fair market value at the grade originally assigned by ANACS. For example, if the current fair market value of the coin at the original grade is $1,000 and the current fair market value of the coin at the new grade is $900, ANACS will return the newly graded coin, along with a check for $100, to the coin’s owner. For purposes of this Guarantee, the fair market value of a coin will be established by using the most current pricing guide(s) as determined solely by ANACS for the specific issue. ANACS will also refund to the coin’s owner the entire re-examination fee.</i></p><p><i><br /></i></p><p><i>This Guarantee applies only to ANACS-graded platinum, gold and silver coins. It does not apply to the following: any coin in a damaged, unsealed or altered ANACS holder; any clerical error as to the description or grade of the coin; and, any “problem coins” that carry a “detail” and/or a “net” grade, as these are guaranteed by ANACS for authenticity only.</i></p><p><br /></p><p><b><u>ICG states...</u></b></p><p><br /></p><p><i>8. The grading of coins is an exercise of professional judgment and opinion, which can be subjective and may change from time to time. As a result, ICG shall assume no liability of any kind whatsoever and makes no warranties or representations to Customer for any grade assigned by ICG to any coins.</i></p><p><br /></p><p><b><u>PCGS states...</u></b></p><p><br /></p><p><i>The Guarantee of Grade &amp; Authenticity is fundamental to PCGS&#039;s conceptof third-party grading. The cash-back policy ensures the accuracy of the grade assigned to any PCGS coin as long as it remains in its tamper-evident holder. If a coin is believed to be improperly graded, and a discrepancy is found when resubmitted through PCGS&#039;s Downgrade Resubmission service, the guarantee entitles the coin&#039;s owner to options designed for his protection.</i></p><p><br /></p><p><b><u>SEGS states...</u></b></p><p><br /></p><p><i>If within six (6) months after SEGS has graded a coin, the owner of such coin believes that the coin has been over graded with respect to such standards and procedures, the owner may submit such coin to SEGS in its original SEGS coin capsule for re-grading (see S-4 Service).</i></p><p><i><br /></i></p><p><i>The fee for such re-grading shall be $20, and may be refundable.</i></p><p><i><br /></i></p><p><i>Provided that the SEGS coin capsule has not been damaged or tampered with, and provided that there are no typographical errors in the grade and/or other identifying information for the coin on the SEGS label, the original grade shall be masked and a re-grade shall be determined.</i></p><p><i><br /></i></p><p><i>If the re-grade is lower than that originally assigned by SEGS,</i></p><p><i><br /></i></p><p><i>SEGS shall pay the owner the difference between the fair market value of the coin at the newly established grade and the fair market value of the coin at the original grade. Fair market value shall be determined by SEGS based on recent actual transactions in the market place for coins of that type, variety, error, and/or grade.</i></p><p><br /></p><p>==================================</p><p>All of the companies except ICG have a grading guaranty . To only those coins that you believe are overgraded by that company and do re-grade as overgraded.</p><p><br /></p><p>SEGS allows only a six month window and I would be lead to believe that it is only for the original owner that had the item graded.</p><p><br /></p><p>ANACS guaranty only covers ANACS-graded platinum, gold and silver coins as stated in the fourth paragraph of their guaranty. I am not sure if this even covers coins but rather only bullion? I DON&#039;T KNOW?</p><p><br /></p><p>PCGS needs to change one word in their in their language... FIND IT? Othewise it seems fine but not as explicit as NTC&#039;s guaranty.</p><p><br /></p><p>Not being a coin collector but still investigating the possibility of doing proofs, I list them here according to my preference of guaranty (regardless of grading abilities) in this order...</p><p><br /></p><p><b>1. NGC</b></p><p><b>2. PCGS</b></p><p><b>3. SEGS</b></p><p><b>4. ANACS</b></p><p><b>5. ICG</b></p><p><br /></p><p>As I am looking at doing proof silver and gold bullion, I just might reverse my preference of #3 and #4.</p><p><br /></p><p>I am still trying to learn of each companies grading ability but that&#039;s even tougher.&nbsp; Still got loads of homework to do on grading abilities.[/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