• When you click on links to various merchants on this site and make a purchase, this can result in this site earning a commission. Affiliate programs and affiliations include, but are not limited to, the eBay Partner Network.

What does CGC actually mean?
3 3

230 posts in this topic

Just now, jaybuck43 said:

It means that they are "standing in" for another person.  In the legal sense Guaranty means that a person/group agrees to fulfill the obligation of another if they fail to do so.  It used to be the job of a seller (and a buyer) to state a grade for a comic.  CGC stands in for that person and assigns the grade on their behalf.  Hence, certified guaranty company.  

wrong answer mate :banana:

Edited by Gotham Kid
Link to comment
Share on other sites

1 minute ago, jaybuck43 said:

It means that they are "standing in" for another person.  In the legal sense Guaranty means that a person/group agrees to fulfill the obligation of another if they fail to do so.  It used to be the job of a seller (and a buyer) to state a grade for a comic.  CGC stands in for that person and assigns the grade on their behalf.  Hence, certified guaranty company.  

thx!

Link to comment
Share on other sites

1 minute ago, kav said:
3 minutes ago, jaybuck43 said:

It means that they are "standing in" for another person.  In the legal sense Guaranty means that a person/group agrees to fulfill the obligation of another if they fail to do so.  It used to be the job of a seller (and a buyer) to state a grade for a comic.  CGC stands in for that person and assigns the grade on their behalf.  Hence, certified guaranty company.  

thx!

Credited gallant contributors!! ^^

 

Link to comment
Share on other sites

Guest
This topic is now closed to further replies.
3 3