@MrEureka said:
Now that NGC grade and authenticity guarantees are only good for 10 years, the date of expiration can be an important consideration. At the very least, I would think eBay would want to require the disclosure.
If only someone had thought to date the certification!!!!
Professional Numismatist, Retired. 55 year member ANA. Former ANA Senior Authenticator. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and ANA Lifetime Achievement Award 2020. Winner of the PNG's 2026 Robert Friedberg Award for "The Enigmatic Lincoln Cents of 1922," Available now from Whitman or Amazon.
@KOYNGUY said:
Does CAC stcikering transfer any potential liability on a bad coin? J.P. Martin
It doesn’t transfer liability from NGC to CAC, but it does transfer risk. By which I mean that if CAC takes a bad stickered coin off the market, it may no longer have any recourse with NGC. And if the market punishes the value of NGC coins because the guarantee is gone, then CAC will take a bigger loss when they sell the newly unstickered coin back into the market.
I wonder if CAC will change its policy in reviewing older NGC coins.
It’s a good question, but what about the newer slabs? Because if the sticker is guaranteed forever and the slab for only 10 years…see the problem?
It would definitely be the death knell and karmic justice if CAC refused to consider their coins. It would also make sense from a business perspective as CAC has increased risk.
Perhaps the better questions are what obligations. if any...that NGC may have to notice the coin collecting community of this guaranty withdrawal and modification. Arguably it is both in that all coins graded prior to 2016 would no longer have the NGC guaranty- and if the guaranty is being nullified... as in no longer backed by NGC, it should be incumbent on NGC to establish dates and a timetable that will include slab numbers to confirm what graded coins are no longer supported by a guaranty. Given the way coins are bought and sold, it seems that record keeping and updating the time frame for the expiration of the guaranty would likely be required and ongoing. And do any change in the guaranty create notice requirements that may differ based on individual State Laws? I believe there will be interesting choice of law questions in view of NGC's history and that NGC slab owners are likely residences of all 50 states.
Those coins graded after 2016 may be subject to a time sensitivity issue which may require notices as well... at least until such time that the guaranty expires.
So what is the real cost and/or cost savings associated with instituting this guaranty change?
Was there a realistic assessment of what the total guaranty exposure might be? I suspect that it is significantly less than one might think. I would be curious if there was any type of an evaluation given the track record of issues/claims that have been submitted and resolved.
Finally, it would interesting if there was any consideration to just modifying the guaranty with a dollar cap on liability instead of choosing the 10 year limitation and effectively elimination the guaranty associated with several million coins.
EDITED TO ADD- The comments above were written based on the representations that the NGC guaranty was being retroactively pulled from previously graded coins. Apparently, that is not what is being contemplated.
Experience the World through Numismatics...it's more than you can imagine.
I wonder why they keep this misleading statement near the bottom of the "Verify NGC Certification" page.
.
.
"NGC Guarantee
Every NGC-certified coin is backed by the industry-leading NGC Guarantee , which provides greater protection for both buyers and sellers"
I am NOT a lawyer. That said, in my opinion, "industry-leading" is simply "puffery" (i.e., an exaggerated opinion that reasonable consumers do not take as measurable fact).
Consider the Papa John's case over their slogan - "Better ingredients. Better pizza". Ultimately, the court ruled that the slogan was not material to actual consumer buying decisions. So, it was deemed non-actionable "puffery".
Follow Mark's link to the thread. NGC addressed his question. It applies only to coins graded June 2nd, 2026 and later. The good news is, you can simply pay them to grade your coin again every 9+ years before the 10 year guaranty runs out!
Follow Mark's link to the thread. NGC addressed his question. It applies only to coins graded June 2nd, 2026 and later. The good news is, you can simply pay them to grade your coin again every 9+ years before the 10 year guaranty runs out!
Mark obtained an NGC employee's opinion on what the guarantee is. That is not binding against the company. The plain meaning of the unambiguous contract applies, and courts will not look beyond the four corners of the document. Google "parole evidence rule."
@MrEureka said:
Now that NGC grade and authenticity guarantees are only good for 10 years, the date of expiration can be an important consideration. At the very least, I would think eBay would want to require the disclosure.
WHat would you think of listing the date it was certified instead? That way they could look it up and see if the coin is still under warranty, should the shelf life of the warranty change again.
Professional Numismatist, Retired. 55 year member ANA. Former ANA Senior Authenticator. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and ANA Lifetime Achievement Award 2020. Winner of the PNG's 2026 Robert Friedberg Award for "The Enigmatic Lincoln Cents of 1922," Available now from Whitman or Amazon.
@Zoins said:
Sometimes, auction houses will like to the TPG cert page.
Does anyone know what will happen with NGC Certificate Verification after 10 years? Does it stay up as now, does it stay up with a certificate lapsed message, or is it simply not certified and doesn't appear in the database lookup?
I wonder why they keep this misleading statement near the bottom of the "Verify NGC Certification" page.
.
.
"NGC Guarantee
Every NGC-certified coin is backed by the industry-leading NGC Guarantee , which provides greater protection for both buyers and sellers"
The language is so vague as to be meaningless. I also concur with the puffery comment. I see nothing actionable. No one is going to come out and say "our guarantee sucks, buy NGC" even if that might be a more accurate assessment of it. I use might to comply with forum rules.
Follow Mark's link to the thread. NGC addressed his question. It applies only to coins graded June 2nd, 2026 and later. The good news is, you can simply pay them to grade your coin again every 9+ years before the 10 year guaranty runs out!
Mark obtained an NGC employee's opinion on what the guarantee is. That is not binding against the company. The plain meaning of the unambiguous contract applies, and courts will not look beyond the four corners of the document. Google "parole evidence rule."
I don't feel he offered any opinion at all. This seems factual enough and since it hadn't been covered yet in this current PCGS thread, it seemed worth pointing out: The 10-year time limit applies only to collectibles graded on June 2, 2026, or later. It does not apply retroactively. As for the rest, no specifics of the guaranty were offered. Just the fact that whatever the guaranty happens to be, you can apparently "self-renew" it by paying them yet another grading fee. At least that's how I read it.
Follow Mark's link to the thread. NGC addressed his question. It applies only to coins graded June 2nd, 2026 and later. The good news is, you can simply pay them to grade your coin again every 9+ years before the 10 year guaranty runs out!
Mark obtained an NGC employee's opinion on what the guarantee is. That is not binding against the company. The plain meaning of the unambiguous contract applies, and courts will not look beyond the four corners of the document. Google "parole evidence rule."
I don't feel he offered any opinion at all. This seems factual enough and since it hadn't been covered yet in this current PCGS thread, it seemed worth pointing out: The 10-year time limit applies only to collectibles graded on June 2, 2026, or later. It does not apply retroactively. As for the rest, no specifics of the guaranty were offered. Just the fact that whatever the guaranty happens to be, you can apparently "self-renew" it by paying them yet another grading fee. At least that's how I read it.
That’s what he said. It has no binding legal effect whatsoever. The guarantee states 10 years from the date a coin was graded without limitation. The language of the guarantee is what controls not someone’s subjective opinion or understanding of it. If NGC tells you to pound sand, no court would be moved or swayed by his comments.
Follow Mark's link to the thread. NGC addressed his question. It applies only to coins graded June 2nd, 2026 and later. The good news is, you can simply pay them to grade your coin again every 9+ years before the 10 year guaranty runs out!
Important to repeat that NGC has now made it clear that the expiration date on guarantees will only apply to coins graded after 6/2/26.
However, the regrade option does not guarantee an extension of the guarantee of the original grade. It only assures you that if the coin is downgraded (or determined to be counterfeit), NGC will compensate you as they see fit. At least that’s how I read the terms on their website. A few excerpts:
“Expiration of the guarantee may be extended by submitting the Coin to NGC under its ReGrade service.”
“In the unlikely event that the grade is determined to be lower through ReGrade, the ReGrade will be converted into an Appearance Review under the NGC Guarantee.”
And in the explanation of the Appearance Review process: “In no event will (i) a Coin that has been determined to be not genuine be returned in an NGC holder; (ii) a Coin that has been determined to be overgraded or incorrectly described be returned encapsulated with an incorrect NGC label.”
Edited to add that the cost of the Regrade service may very well increase in the future. A lot.
Andy Lustig
Doggedly collecting coins of the Central American Republic. Visit the Society of US Pattern Collectors at USPatterns.com.
@MrEureka said:
Now that NGC grade and authenticity guarantees are only good for 10 years, the date of expiration can be an important consideration. At the very least, I would think eBay would want to require the disclosure.
If only someone had thought to date the certification!!!!
I’ve been saying for the past couple of years that putting the date of certification on slabs will become necessary once we go to AI assisted grading, because the standard will be constantly evolving.
Andy Lustig
Doggedly collecting coins of the Central American Republic. Visit the Society of US Pattern Collectors at USPatterns.com.
@MrEureka said:
Important to repeat that NGC has now made it clear that the expiration date on guarantees will only apply to coins graded after 6/2/26.
That is not factually accurate, and we do a huge disservice to those reading if we are not careful. A NGC employee shared his understanding of the guarantee is that it would apply only prospectively. There is no evidence or claim that he was authorized to make that statement or decision on behalf of the company. And more importantly, the written guarantee unambiguously states the opposite. Unambiguous contract language wins 10/10 times in court if there is a dispute.
Follow Mark's link to the thread. NGC addressed his question. It applies only to coins graded June 2nd, 2026 and later. The good news is, you can simply pay them to grade your coin again every 9+ years before the 10 year guaranty runs out!
Edited to add that the cost of the Regrade service may very well increase in the future. A lot.
Good news for me that my NGC regrade and all other submission expenses will not increase one cent from now through the end of my life.
@MrEureka said:
Important to repeat that NGC has now made it clear that the expiration date on guarantees will only apply to coins graded after 6/2/26.
That is not factually accurate, and we do a huge disservice to those reading if we are not careful. A NGC employee shared his understanding of the guarantee is that it would apply only prospectively. There is no evidence or claim that he was authorized to make that statement or decision on behalf of the company. And more importantly, the written guarantee unambiguously states the opposite. Unambiguous contract language wins 10/10 times in court if there is a dispute.
Agreed.
FWIW, I would not be surprised if the next version of the guarantee terms states that for all coins graded anytime before 6/2/26, the 10 year clock will start ticking on 6/2/26. That would seem like a “good” compromise.
Andy Lustig
Doggedly collecting coins of the Central American Republic. Visit the Society of US Pattern Collectors at USPatterns.com.
@MrEureka said:
Now that NGC grade and authenticity guarantees are only good for 10 years, the date of expiration can be an important consideration. At the very least, I would think eBay would want to require the disclosure.
WHat would you think of listing the date it was certified instead? That way they could look it up and see if the coin is still under warranty, should the shelf life of the warranty change again.
Better.
Andy Lustig
Doggedly collecting coins of the Central American Republic. Visit the Society of US Pattern Collectors at USPatterns.com.
@Zoins said:
Sometimes, auction houses will like to the TPG cert page.
Does anyone know what will happen with NGC Certificate Verification after 10 years? Does it stay up as now, does it stay up with a certificate lapsed message, or is it simply not certified and doesn't appear in the database lookup?
I wonder why they keep this misleading statement near the bottom of the "Verify NGC Certification" page.
.
.
"NGC Guarantee
Every NGC-certified coin is backed by the industry-leading NGC Guarantee , which provides greater protection for both buyers and sellers"
The language is so vague as to be meaningless. I also concur with the puffery comment. I see nothing actionable. No one is going to come out and say "our guarantee sucks, buy NGC" even if that might be a more accurate assessment of it. I use might to comply with forum rules.
My point about the statement is in regard to the claim of every NGC coin is backed, which would be untrue under the current terms of the NGC Guarantee page as currently written.
It may have been more clear if I had bolded it as below as I had no interest or point to make about their "industry-leading" puffery part of their statement:
Every NGC-certified coin is backed by the ... NGC Guarantee
This would be true if the the 10 year limit begins as of June 2026 which is very different than what the NGC Guarantee states with its bolded and capitalized warning of:
WARNING: THIS GUARANTEE IS LIMITED IN BOTH SCOPE AND TIME. Any claim under this Guarantee MUST be submitted to NGC BY NO LATER THAN TEN (10) YEARS FROM THE DATE OF GRADING.
“What we have here,
Is a failure,
to communicate!”
Professional Numismatist, Retired. 55 year member ANA. Former ANA Senior Authenticator. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and ANA Lifetime Achievement Award 2020. Winner of the PNG's 2026 Robert Friedberg Award for "The Enigmatic Lincoln Cents of 1922," Available now from Whitman or Amazon.
@Coinscratch said:
CACG changed the game, PCGS followed suit, and now in order to stay relevant NGC must change theirs.
_ we cannot simply imply, stricter grading standards while guaranteeing years of loose standards_
NGC does not care if there are years of different standards since the coins are graded according to their proprietary standards over time and NGC is the arbiter in the determination of if a coin is graded to their standards. So, there is very little real downside.
In my opinion this is all just a mess due to corporate decisions (corporate such as NGC or corporate such as the money that owns or directs NGC) that are aimed at keeping liability limited on paper. Some folks appear to believe the sky is falling and others are reacting to everything and anything where we might simply have an example of corporate accounting decision making with an eye on balance sheets and/or possible acquisitions or sales.
@Coinscratch said:
CACG changed the game, PCGS followed suit, and now in order to stay relevant NGC must change theirs.
_ we cannot simply imply, stricter grading standards while guaranteeing years of loose standards_
NGC does not care if there are years of different standards since the coins are graded according to their proprietary standards over time and NGC is the arbiter in the determination of if a coin is graded to their standards. So, there is very little real downside.
In my opinion this is all just a mess due to corporate decisions (corporate such as NGC or corporate such as the money that owns or directs NGC) that are aimed at keeping liability limited on paper. Some folks appear to believe the sky is falling and others are reacting to everything and anything where we might simply have an example of corporate accounting decision making with an eye on balance sheets and/or possible acquisitions or sales.
Perhaps, but something was a driver of this decision and I just like to speculate.
I really have no idea of their financial situation or motives.
I just know if I had a stake/vested interest in the company that I wouldn’t be happy with the idea of falling to number three.
The common denominator that determines a TPG’s significance is in fact, their grading standards, over time.
It seems there have been plenty of players that race to give good grades then in time they’re recognized as basically useless. Then on the other hand, the companies that grade strictly (to the point you hate to send them anything) rise to the top.
If this has already been answered, here is the answer to a request for coin graded warranty previous to this new announcement and it is a new policy for newly graded coins. A copy of their answer is below. FYI.
Jim
Morey B (Certified Collectibles Group)
Oct 27, 2026, 00:18 GMT-12
Hi Jim,
Thank you for raising these concerns. We would like to clarify that the time limit applies to coins graded on June 2, 2026, and later. It does not apply retroactively, although it is important to understand the different jurisdictions have statutes of limitations for warranty claims that would otherwise apply. We will be updating the verbiage of our guarantee to make this distinction clearer in the near future.
If you have any other questions or concerns, please do not hesitate to contact us.
Morey B.
Customer Service Manager
Certified Collectibles Group
When a man who is honestly mistaken hears the truth, he will either quit being mistaken or cease to be honest....Abraham Lincoln
Patriotism is supporting your country all the time, and your government when it deserves it.....Mark Twain
@jesbroken said:
If this has already been answered, here is the answer to a request for coin graded warranty previous to this new announcement and it is a new policy for newly graded coins. A copy of their answer is below. FYI.
Jim
Morey B (Certified Collectibles Group)
Oct 27, 2026, 00:18 GMT-12
Hi Jim,
Thank you for raising these concerns. We would like to clarify that the time limit applies to coins graded on June 2, 2026, and later. It does not apply retroactively, although it is important to understand the different jurisdictions have statutes of limitations for warranty claims that would otherwise apply. We will be updating the verbiage of our guarantee to make this distinction clearer in the near future.
If you have any other questions or concerns, please do not hesitate to contact us.
Morey B.
Customer Service Manager
Certified Collectibles Group
Thank you, Jim.
I’m very surprised that 1) the revision didn’t state that the 10-year limitation was effective as of June 2, 2026 (as opposed to retroactively) and 2) once the news of the revised guarantee spread, that they didn’t immediately update it by adding the effective date that should have been included in the first place.
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
Another gimmick to keep the resubmission mill churning.
Gone but not forgotten: IGWT, Speedy, Bear, BigE, HokieFore, John Burns, Russ, TahoeDale, Dahlonega, Astrorat, Stewart Blay, Oldhoopster, Ricko, Big Moose, Cardinal, CoinsAreFun.
@TwoSides2aCoin said:
No. We ( buyers) should just adopt that old Latin cliche’: Caveat Emptor !
That was a legal doctrine that placed the onus on the consumer and limited their ability to recover in some scenarios. While I think buyers should be prudent, it does not absolve a TPG of its guarantee.
Comments
If only someone had thought to date the certification!!!!
It would definitely be the death knell and karmic justice if CAC refused to consider their coins. It would also make sense from a business perspective as CAC has increased risk.
@MrEureka
Perhaps the better questions are what obligations. if any...that NGC may have to notice the coin collecting community of this guaranty withdrawal and modification. Arguably it is both in that all coins graded prior to 2016 would no longer have the NGC guaranty- and if the guaranty is being nullified... as in no longer backed by NGC, it should be incumbent on NGC to establish dates and a timetable that will include slab numbers to confirm what graded coins are no longer supported by a guaranty. Given the way coins are bought and sold, it seems that record keeping and updating the time frame for the expiration of the guaranty would likely be required and ongoing. And do any change in the guaranty create notice requirements that may differ based on individual State Laws? I believe there will be interesting choice of law questions in view of NGC's history and that NGC slab owners are likely residences of all 50 states.
Those coins graded after 2016 may be subject to a time sensitivity issue which may require notices as well... at least until such time that the guaranty expires.
So what is the real cost and/or cost savings associated with instituting this guaranty change?
Was there a realistic assessment of what the total guaranty exposure might be? I suspect that it is significantly less than one might think. I would be curious if there was any type of an evaluation given the track record of issues/claims that have been submitted and resolved.
Finally, it would interesting if there was any consideration to just modifying the guaranty with a dollar cap on liability instead of choosing the 10 year limitation and effectively elimination the guaranty associated with several million coins.
EDITED TO ADD- The comments above were written based on the representations that the NGC guaranty was being retroactively pulled from previously graded coins. Apparently, that is not what is being contemplated.
Experience the World through Numismatics...it's more than you can imagine.
I am NOT a lawyer. That said, in my opinion, "industry-leading" is simply "puffery" (i.e., an exaggerated opinion that reasonable consumers do not take as measurable fact).
Consider the Papa John's case over their slogan - "Better ingredients. Better pizza". Ultimately, the court ruled that the slogan was not material to actual consumer buying decisions. So, it was deemed non-actionable "puffery".
Does the left hand know what the right hand is doing over there?
Just because you (in general, not directed at any specific poster) don't know why they're doing what they're doing doesn't mean they don't.
Just sayin'.
Some used car lots have a 30 day guarantee. Maybe the folks ats should try that.
Follow Mark's link to the thread. NGC addressed his question. It applies only to coins graded June 2nd, 2026 and later. The good news is, you can simply pay them to grade your coin again every 9+ years before the 10 year guaranty runs out!
Mark obtained an NGC employee's opinion on what the guarantee is. That is not binding against the company. The plain meaning of the unambiguous contract applies, and courts will not look beyond the four corners of the document. Google "parole evidence rule."
WHat would you think of listing the date it was certified instead? That way they could look it up and see if the coin is still under warranty, should the shelf life of the warranty change again.
The language is so vague as to be meaningless. I also concur with the puffery comment. I see nothing actionable. No one is going to come out and say "our guarantee sucks, buy NGC" even if that might be a more accurate assessment of it. I use might to comply with forum rules.
I don't feel he offered any opinion at all. This seems factual enough and since it hadn't been covered yet in this current PCGS thread, it seemed worth pointing out: The 10-year time limit applies only to collectibles graded on June 2, 2026, or later. It does not apply retroactively. As for the rest, no specifics of the guaranty were offered. Just the fact that whatever the guaranty happens to be, you can apparently "self-renew" it by paying them yet another grading fee. At least that's how I read it.
That’s what he said. It has no binding legal effect whatsoever. The guarantee states 10 years from the date a coin was graded without limitation. The language of the guarantee is what controls not someone’s subjective opinion or understanding of it. If NGC tells you to pound sand, no court would be moved or swayed by his comments.
Important to repeat that NGC has now made it clear that the expiration date on guarantees will only apply to coins graded after 6/2/26.
However, the regrade option does not guarantee an extension of the guarantee of the original grade. It only assures you that if the coin is downgraded (or determined to be counterfeit), NGC will compensate you as they see fit. At least that’s how I read the terms on their website. A few excerpts:
Edited to add that the cost of the Regrade service may very well increase in the future. A lot.
Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.
I’ve been saying for the past couple of years that putting the date of certification on slabs will become necessary once we go to AI assisted grading, because the standard will be constantly evolving.
Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.
That is not factually accurate, and we do a huge disservice to those reading if we are not careful. A NGC employee shared his understanding of the guarantee is that it would apply only prospectively. There is no evidence or claim that he was authorized to make that statement or decision on behalf of the company. And more importantly, the written guarantee unambiguously states the opposite. Unambiguous contract language wins 10/10 times in court if there is a dispute.
I hope Scott’s comments win the day and that the language in the guarantee will be modified accordingly.
Good news for me that my NGC regrade and all other submission expenses will not increase one cent from now through the end of my life.
chopmarkedtradedollars.com
Agreed.
FWIW, I would not be surprised if the next version of the guarantee terms states that for all coins graded anytime before 6/2/26, the 10 year clock will start ticking on 6/2/26. That would seem like a “good” compromise.
Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.
Better.
Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.
No. Learn how to grade and look at coins.
My point about the statement is in regard to the claim of every NGC coin is backed, which would be untrue under the current terms of the NGC Guarantee page as currently written.
It may have been more clear if I had bolded it as below as I had no interest or point to make about their "industry-leading" puffery part of their statement:
Every NGC-certified coin is backed by the ... NGC Guarantee
This would be true if the the 10 year limit begins as of June 2026 which is very different than what the NGC Guarantee states with its bolded and capitalized warning of:
WARNING: THIS GUARANTEE IS LIMITED IN BOTH SCOPE AND TIME. Any claim under this Guarantee MUST be submitted to NGC BY NO LATER THAN TEN (10) YEARS FROM THE DATE OF GRADING.
https://ngccoin.com/coin-grading/ngc-guarantee/
"To Be Esteemed Be Useful" - 1792 Birch Cent --- "I personally think we developed language because of our deep need to complain." - Lily Tomlin
“What we have here,
Is a failure,
to communicate!”
CACG changed the game, PCGS followed suit, and now in order to stay relevant NGC must change theirs.
_ we cannot simply imply, stricter grading standards while guaranteeing years of loose standards_
When did CACG change its guarantee?
I don't believe anyone wrote that CACG changed their policies.
In honor of the memory of Cpl. Michael E. Thompson
NGC does not care if there are years of different standards since the coins are graded according to their proprietary standards over time and NGC is the arbiter in the determination of if a coin is graded to their standards. So, there is very little real downside.
In my opinion this is all just a mess due to corporate decisions (corporate such as NGC or corporate such as the money that owns or directs NGC) that are aimed at keeping liability limited on paper. Some folks appear to believe the sky is falling and others are reacting to everything and anything where we might simply have an example of corporate accounting decision making with an eye on balance sheets and/or possible acquisitions or sales.
In honor of the memory of Cpl. Michael E. Thompson
I must have misunderstood him. The opening line is very confusing.
Perhaps, but something was a driver of this decision and I just like to speculate.
I really have no idea of their financial situation or motives.
I just know if I had a stake/vested interest in the company that I wouldn’t be happy with the idea of falling to number three.
The common denominator that determines a TPG’s significance is in fact, their grading standards, over time.
It seems there have been plenty of players that race to give good grades then in time they’re recognized as basically useless. Then on the other hand, the companies that grade strictly (to the point you hate to send them anything) rise to the top.
As long as the coin has not gone bad in the holder many will ignore that after ten years stuff and just do business as usual.
If this has already been answered, here is the answer to a request for coin graded warranty previous to this new announcement and it is a new policy for newly graded coins. A copy of their answer is below. FYI.
Jim
Morey B (Certified Collectibles Group)
Oct 27, 2026, 00:18 GMT-12
Hi Jim,
Thank you for raising these concerns. We would like to clarify that the time limit applies to coins graded on June 2, 2026, and later. It does not apply retroactively, although it is important to understand the different jurisdictions have statutes of limitations for warranty claims that would otherwise apply. We will be updating the verbiage of our guarantee to make this distinction clearer in the near future.
If you have any other questions or concerns, please do not hesitate to contact us.
Morey B.
Customer Service Manager
Certified Collectibles Group
When a man who is honestly mistaken hears the truth, he will either quit being mistaken or cease to be honest....Abraham Lincoln
Patriotism is supporting your country all the time, and your government when it deserves it.....Mark Twain
Thank you, Jim.
I’m very surprised that 1) the revision didn’t state that the 10-year limitation was effective as of June 2, 2026 (as opposed to retroactively) and 2) once the news of the revised guarantee spread, that they didn’t immediately update it by adding the effective date that should have been included in the first place.
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
No.
No. We ( buyers) should just adopt that old Latin cliche’: Caveat Emptor !
Practice makes perfect & nobody is perfect. So, practice being nobody and be perfect !
Another gimmick to keep the resubmission mill churning.
That was a legal doctrine that placed the onus on the consumer and limited their ability to recover in some scenarios. While I think buyers should be prudent, it does not absolve a TPG of its guarantee.