This program has been discontinued as of August 2015.
This guarantee applies only and specifically to coins certified with the NGC CERTIFIED
GOLD label, a golden-hued certification label with the words NGC CERTIFIED GOLD
appearing on its right-hand side.
The grading of coins is subjective and solely reflects the opinions of the NGC graders.
All coins submitted to NGC shall be examined in accordance with NGC grading procedures.
In the event that any owner or subsequent purchaser of an NGC Certified Gold coin
believes that a coin has been over-graded by NGC with respect to such procedures,
such person may submit the coin to NGC through its "Appearance Review" service for
a review of the assigned grade. If the grade determined under such review in NGC's
sole opinion is ultimately lower than that originally assigned to the coin, NGC
shall, at NGC's option, offer one of the three following remedies: 1) exchange the
coin in question with an equivalent coin of same type, metal content and grade of
the earlier higher grade; 2) pay the difference between the current fair market
value of the coin at the newly established grade and the current fair market value
of the grade originally assigned to such coin; or 3) purchase the coin from the
submitter at fair market value of the coin as represented on it original certification
label. In any case where the authenticity of an NGC Certified Gold coin is being
reviewed and the coin is found to be not genuine, the first and third remedy options
apply. Due to the volatile nature of the coin market and Internet auctions / sales,
the selling prices in these auctions / sales do not necessarily represent the current
fair market value of any particular coin. NGC will determine the current fair market
value of a coin based upon what NGC believes, in its sole opinion, to be reliable
current market information. NGC's subjective determination of fair market value
shall be binding on all parties. Removal of a coin from its NGC holder, or tampering
with the holder, nullifies this Guarantee. If requested, NGC will remedy any clerical
error with respect to the description or grade of a coin on its label, free of charge.
WARNING: THIS GUARANTEE IS LIMITED.
- All US and World coins are guaranteed for grade and authenticity only.
- The NGC Certified Gold Guarantee does not cover coins that have been graded by NGC
but then are subjected to abuse, alteration or improper storage conditions such
as (but not limited to) extreme temperature, moisture, damaging environmental conditions,
excessive light, excessive motion or vibration, or any other extreme conditions.
- The NGC Certified Gold Guarantee does not apply to coins that have been removed
at any time from their original NGC holder, or to coins that bear any evidence of
tampering, the determination of which shall be at the sole discretion of NGC.
- The NGC Certified Gold Guarantee does not apply to clerical errors on the label.
A clerical error is any information that is obviously incorrect and clearly the
result of a data entry mistake or other similar mechanical error. Examples include,
but are not limited to, the date displayed on the label not matching the coin enclosed
in the holder, or the denomination noted on the certification label not matching
the denomination of the coin.
THIS GUARANTEE TAKES THE PLACE OF AND SUPERSEDES ALL OTHER WARRANTIES, EXPRESS OR
IMPLIED, AND WHETHER OF MERCHANTABILITY, FITNESS OR OTHERWISE. THE REMEDIES PROVIDED
IN THIS AGREEMENT ARE EXCLUSIVE. EXCEPT AS EXPRESSLY STATED IN THIS AGREEMENT, ALL
OTHER REMEDIES AGAINST NGC, INCLUDING BUT NOT LIMITED TO CONSEQUENTIAL, PUNITIVE
AND INCIDENTAL DAMAGES, ARE WAIVED.
THIS GUARANTEE SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF
THE STATE OF FLORIDA AS APPLIED TO TRANSACTIONS TAKING PLACE WHOLLY WITHIN FLORIDA
BETWEEN FLORIDA RESIDENTS. CLAIMANTS UNDER THIS GUARANTEE HEREBY WAIVE TRIAL BY
JURY AND EXPRESSLY CONSENT, AT THE OPTION OF NGC, (1) TO THE PERSONAL AND SUBJECT-MATTER
JURISDICTION OF THE STATE AND FEDERAL COURTS LOCATED IN AND FOR THE COUNTY OF SARASOTA,
STATE OF FLORIDA, OR (2) TO ARBITRATION BEFORE THE AMERICAN NUMISMATIC ASSOCIATION
OR THE PROFESSIONAL NUMISMATISTS GUILD FOR ANY DISPUTE ARISING FROM OR RELATED TO
THIS GUARANTEE.
Revised: 12/20/2011