Are These Actually Double Covers or a Label Error?19006

Originally Posted by southerncross
I would think they'd have a waiver and with grading companies it's their opinion.

If you don't agree with their opinion you crack it out of their case.

As @DrWatson mentioned.

Damages and loss in their care is where the big liabilities are so they probably have insurance.

Originally Posted by Bronte
@GAC

In my opinion the company might get railed publicly, but in my opinion they give you a best guess. Beyond that it's your problem. If it truly was an issue, don't you think PGX would have been sued out of existence already?

Originally Posted by Bronte
@Davethebrave

From the link posted anything on tbe label is not guaranteed. That being tbe case. The only thing they guarantee is that the book is authentic.

Information listed on a label that originates from a third party (including, without limitation, any information from the manufacturer) and any attributions (including variant attributions, reference attributions and pedigree attributions) are NOT guaranteed

Originally Posted by GAC
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Originally Posted by Bronte
@GAC

In my opinion the company might get railed publicly, but in my opinion they give you a best guess. Beyond that it's your problem. If it truly was an issue, don't you think PGX would have been sued out of existence already?

Lawyers and lawsuits are expensive. I dont know for certain but I would guess PGX does not get the high value books that CGC/CBCS get due to their poor rep. That being said, PGX has been sued for sure but with insurance there to defend them and revenues being what they are makes it worth continuing the operations.

Originally Posted by GAC
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Originally Posted by Davethebrave
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Originally Posted by GAC
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Originally Posted by Bronte
@GAC

In my opinion the company might get railed publicly, but in my opinion they give you a best guess. Beyond that it's your problem. If it truly was an issue, don't you think PGX would have been sued out of existence already?

Lawyers and lawsuits are expensive. I dont know for certain but I would guess PGX does not get the high value books that CGC/CBCS get due to their poor rep. That being said, PGX has been sued for sure but with insurance there to defend them and revenues being what they are makes it worth continuing the operations.

I doubt insurance is needed (or, more accurately, would cover) as I see no evidence of any contract terms implied, just exclusions and waivers of liability (at least in their public disclosure). They reference “certification” but leave it undefined. Meaningless. I only took a cursory look so not certain but doesn’t look similar to CGC’s guarantee.

Guaranteed CGC/CBCS/PGX/EGS have Errors and Omissions or Professional Liability coverage....minimum $2,000,000 limit per occurrence but likely higher limits like $5M...this coverage comes into play the moment they are named in a lawsuit, frivolous or otherwise. Their insurance company is obligated to defend even if the lawsuit is without merit.

Originally Posted by GAC
Anybody can sue anybody for anything. All you need is a perceived grievance and a lawyer willing to take your case. The moment this happens, the defendant incurs defence costs. How much cost depends how severe the grievance and how far both parties are will to take it. Some lawyers will take cases solely based on the belief they can settle out of court and would never take the case if they believed it would go to court. I bet all the grading companies have lawyers that fire off letters stating their Terms and Conditions to plaintiffs, almost on a regular basis....PGX is probably busier than others. If it moves past this point it's likely because the plaintiffs believe they have a case even knowing their T&C.