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Meaning of GP

sumduncesumdunce Posts: 1,247 ✭✭✭✭

I see on the submission forms that some levels add a "GP" to the cost. I do not see where "GP" is defined. What is "GP" or how do I calculate it?

Thank you.


  • sumduncesumdunce Posts: 1,247 ✭✭✭✭
    edited April 19, 2022 10:00AM

    Never mind. I just found it online. It was not on the restoration form.

  • JBKJBK Posts: 14,239 ✭✭✭✭✭

    Was it Government Packaging?

  • sumduncesumdunce Posts: 1,247 ✭✭✭✭

    It is Guarantee Premium (GP).

    From the normal submission PDF file:
    GUARANTEE PREMIUM: Equal to 1% of the value of the coin in its final grade. The value of the coin is determined
    by the PCGS Price Guide value for that grade or the Declared Value of the coin, if the Price Guide value
    is not available. The minimum amount for the Guarantee Premium is $5. PCGS reserves the right to make the
    final determination of the coin’s value.

    For some reason the verbiage is not on the restoration submission PDF file.

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