About the grade guarantee, how does p.c.g.s. determine how much to pay for grading mistakes ?

barberlover

Lets say you submit a coin for the guarantee and the coin drops 1 point in grade, assuming your not going to sell the coin back to p.c.g.s. how do they determine the amount they pay you for the grade point drop. Do they use sheet level pricing, or some other method of detemining the value difference that they pay you. If you've ever had the guarantee work for you, do you think p.c.g.s. paid you a fair "market" value difference for the grade drop ?

Russ

Current market value. Say you sent in a 67 worth $500 and it dropped to 66 with a market value of $300. They would reholder it as a 66, and cut a check for $200.

Russ, NCNE

DCAMFranklin

It is the beginning of the process to find out who's the best haggler.