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<p>[QUOTE="GDJMSP, post: 1886592, member: 112"]No, he wouldn't. Yes, PCGS did change their guarantee regarding the color designation on copper coins. But that change only affects coins graded or sold after Jan.1, 2010.</p><p><br /></p><p><i>"We've also made a change in how we handle the guarantee of color for copper coins. The fact is that color for copper can change depending upon where a coin is stored. The villain is humidity, and if you have mint red copper coins stored in Hawaii or Florida, for example, there's a good chance that the environmental factors can alter the color of the coins. This is obviously beyond our control so consequently we will not be guaranteeing the color of copper coins graded or sold after January 1, 2010."</i></p><p><br /></p><p><a href="http://www.pcgs.com/News/Pcgs-Grading-Guarantee-Update" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.pcgs.com/News/Pcgs-Grading-Guarantee-Update" rel="nofollow">http://www.pcgs.com/News/Pcgs-Grading-Guarantee-Update</a></p><p><br /></p><p>So a coin graded in 2005, and that turns from RD to RB or BN is still covered under the PCGS guarantee, as long as you can prove that you owned the coin prior to Jan. 1, 2010. A purchase receipt would do that, or if you were the original submitter.</p><p><br /></p><p>And to answer the OP's question, yes PCGS would compensate the owner as long as they agreed that the market value was less after the color change.[/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 1886592, member: 112"]No, he wouldn't. Yes, PCGS did change their guarantee regarding the color designation on copper coins. But that change only affects coins graded or sold after Jan.1, 2010. [I]"We've also made a change in how we handle the guarantee of color for copper coins. The fact is that color for copper can change depending upon where a coin is stored. The villain is humidity, and if you have mint red copper coins stored in Hawaii or Florida, for example, there's a good chance that the environmental factors can alter the color of the coins. This is obviously beyond our control so consequently we will not be guaranteeing the color of copper coins graded or sold after January 1, 2010."[/I] [I][/I] [url]http://www.pcgs.com/News/Pcgs-Grading-Guarantee-Update[/url] So a coin graded in 2005, and that turns from RD to RB or BN is still covered under the PCGS guarantee, as long as you can prove that you owned the coin prior to Jan. 1, 2010. A purchase receipt would do that, or if you were the original submitter. And to answer the OP's question, yes PCGS would compensate the owner as long as they agreed that the market value was less after the color change.[/QUOTE]
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