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Guarantee Premium question

Dave99BDave99B Posts: 8,550 ✭✭✭✭✭
edited August 21, 2020 1:46PM in U.S. Coin Forum

Hello Submission Experts - I’m filling out the latest PCGS Submission Form (for some crossovers) and I see that the ‘Estimated Guarantee Premium Fee’ total is no longer there. See old and new forms below.

Guess I don’t need to estimate this anymore? PCGS just adds this amount to the total fee at the end?

Thanks,
Dave

Old:

New:

Always looking for original, better date VF20-VF35 Barber quarters and halves, and a quality beer.

Comments

  • cointimecointime Posts: 2,013 ✭✭✭✭✭

    Correct, I never used it on the old forms - I thought this was for PCGS if a coin upgraded :)

  • BoosibriBoosibri Posts: 12,138 ✭✭✭✭✭

    Anyone ever hear or PCGS paying out on the “guarantee” when cracking an NGC coin and finding a problem. 1% premium so should be about 1% of the crossovers. I still don’t understand the logic of applying it to their own graded coins other than to capture the value in the upgrade.

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