Monster toned coins and the pcgs guarantee.

Placid

If I pay a large premium for a monster toned coin graded by pcgs and for some reason it turns black would the premium paid for the toning be covered under the pcgs guarantee or does the guarantee only cover grade?

homerunhall

JS...The PCGS grading guarantee only covers the grade on the holder. Further, it doesn't really cover the price you pay in any instance...it only covers the market value of the coin, i.e. the replacement value of the same grade. So let's say you go crazy in an auction and pay way over market for a white coin. If there is a problem later we can only make good on the real value, not your auction heat extravagence.

That said, we always attempt to stand behind our product and protect the buyers of PCGS coins. In general, our rule is that if we screw up, the customer shouldn't have to suffer.

David