PMG Guarantee

PMG保证

Paper Money Guaranty, LLC (“PMG”) provides the following guarantee for PMG-graded paper currency notes. Notes must be encapsulated in PMG holders to be eligible for the PMG Guarantee.

Paper Money Guaranty, LLC (“PMG”)就PMG评级纸钞提供下述保证。PMG保证仅适用于装封于PMG评级护套中的纸钞。

PMG guarantees that:

PMG保证:

  • All paper currency notes graded by PMG and encapsulated in a PMG holder (which are collectively referred to as “Notes” in this guarantee) are guaranteed to be genuine.

    PMG保证所有由其评级并封装于PMG评级护套中的美国和世界各地的纸钞(在本保证中统称为“纸钞”)均为真品。
  • All Notes are guaranteed not to be overgraded, meaning that they are not graded higher than PMG’s grading standards.
    • Note: The grade guarantee does not apply to Notes given a “Net” grade by PMG, meaning the word “Net” follows the numerical grade on the PMG certification label. Notes with “Net” grades are guaranteed to be genuine only.

    所有纸钞的评级均不会被高估,即纸钞的评级不会高于PMG的评级标准

    注意:评级保证不适用于PMG状态评级,“状态”的含义请见PMG证书标签上的评级数值。状态评级服务仅用于证明纸钞为真品。

The owner of any PMG-certified Note believed to be not genuine or overgraded may submit it to PMG under its Appearance Review service. If PMG determines, in its sole opinion, that the Note is not genuine or that the correct grade for the Note is lower than the one originally assigned, PMG will provide one of the three remedies described below. The choice of remedy will be made by PMG in its sole discretion, and the remedies are subject to the further limitations set forth below. Current Fair Market Value is determined solely by PMG as described in each of the listed remedies and the “Fair Market Value” paragraph that follows.

任何PMG认证纸钞所有人如认为纸钞评级被高估或认为纸钞非真品,均可将其提交给PMG享受我们的重审服务。如PMG基于其自由裁量确定纸钞为赝品或其评级确低于原定评级,PMG将提供以下三种补救措施中的一种。PMG有权自行决定采取何种补救措施,且该等补救措施存在下述限制。当前的公允市场价格将按照每一种下述的补救措施以及下文公允市场价格章节的规定由PMG单独决定。

PMG可以(a)将纸钞装封并贴标说明最新鉴定的正确(较低)评级;以及(b)向提交者支付按照错误标准(较高)评级纸钞的当前公允市场价值与最新鉴定正确(较低)评级纸钞的公允市场价值之间的差价。

  1. PMG may (a) return the Note to the submitter encapsulated with a label indicating the newly established correct (lower) grade and (b) pay to the submitter the difference between the current Fair Market Value of an accurately graded Note at the original incorrect (higher) grade and the current Fair Market Value of the Note at the newly established correct (lower) grade.

PMG可以从提交者处购买纸钞。若纸钞被认定评级过高,PMG所支付的价格为公司按照原本错误等级评估之纸钞的当前公允市场价值。若纸钞被认定为赝品,PMG将支付于正确评级的真实纸钞之公允市场价格,或支付提交者在实际公平交易中就该纸钞支付的价格二者之中较低的价格,加上任何提交者提交纸钞以获得PMG重审服务所产生的邮费,运输费或其他杂费。

  1. PMG may purchase the Note from the submitter. If the Note was determined to be overgraded, the price PMG pays will be the current Fair Market Value of an accurately graded Note at the original incorrect grade. If the Note was determined to be not genuine, PMG will pay the lesser of the Fair Market Value of an accurately graded, genuine Note or the amount actually paid for the Note by the submitter in an actual arm's length transaction, plus any postage, shipping or other incidental expenses incurred by the submitter in submitting the Note for Appearance Review service by PMG.

PMG可以保留非真实的纸钞或评级高估的纸钞并替代性地向提交者提供与该纸钞原定PMG评级相等的真品纸钞。

  1. PMG may retain the not genuine or overgraded Note and provide to the submitter in its place an equivalent Note that is genuine and has the same grade as PMG originally assigned to the Note.

Fair Market Value. PMG will determine, if and as necessary, and in its sole discretion, the current “Fair Market Value” of the Note if it were to be sold. This determination will be made for an accurately graded Note at the original incorrect (higher) grade and, if applicable, for the Note at the newly established correct (lower) grade. PMG will determine the current Fair Market Value of a Note based upon what PMG believes, in its sole opinion, to be reliable current market information. PMG may use actual pricing and sales information available to it, including prices in the actual transaction history of the Note in question. However, due to the volatile nature of the Note market and Internet auctions/sales as well as the differences in buying habits of different individuals, such information may not necessarily represent the accurate current Fair Market Value of any particular Note, which again, will be determined by PMG in its sole discretion.

公允市场价值。若有必要,当需要出售纸钞时,PMG可基于其自由裁量决定该待售纸钞的当前公允市场价值。对当前公允市场价值的决定适用于以原本错误(较高)之评级标准进行评级之纸钞以及,若适用,亦可用于决定新近确定的正确评级(较低)之纸钞。PMG有权按照其掌握的当前可靠的市场信息,自行决定纸钞的当前公允市场价值。PMG亦可使用其能够得到的真实价格和交易信息,包括存在问题之纸钞的真实历史交易记录中的价格。但由于纸钞市场以及互联网拍卖/销售的不稳定性、不同个体购买习惯的不同,此类信息可能不能够代表某特定纸钞实际的当前公允市场价值,此判断,亦可由PMG基于其自由裁量确定作出。

WARNING: THIS GUARANTEE IS LIMITED. The following terms, limitations and restrictions apply with regard to the above guarantee and available remedies, and the submitter of a Note using PMG’s Appearance Review service agrees to be bound by all of the terms, conditions and limitations set forth herein:

警告:本保证是有限的。下述条款,限制以及约束适用于上述保证以及可适用的补救措施,提交纸钞进行PMG重审服务的提交者同意接受本保证中的条款,条件和限制的约束。

要求的信息。此外,为了实现PMG保证,PMG可要求提交者提供关于特定纸钞的历史交易信息,包括购买日期、购买价格,卖家和交易量。 PMG也可要求提交者尝试进行先前交易的兑回。提交者确认,若其不能提供PMG所要求的信息和/或不配合上述行动将阻碍PMG实现本保证条款项下的承诺,在此情况下,PMG应不被要求提供补救措施。

  1. Required Information. In fulfillment of the PMG Guarantee, PMG may require that the submitter provide information regarding the transaction history of a particular Note, including the date purchased, the purchase price, the seller and the transaction amount. PMG may also require that a submitter attempt to reverse a prior transaction. The submitter acknowledges that his or her inability to provide requested information and / or non-cooperation hinders PMG from fulfilling its commitment under the terms of this Guarantee, and in such cases PMG shall not be required to provide any of the listed remedies.

PMG评级护套。若PMG评级护套被移除,被损坏,被解封,被篡改或被改变,则PMG保证将不适用此类纸钞。PMG可以基于其自由裁量决定是否存在上述情形。此外,PMG保证并不适用假冒的或是被篡改过的PMG评级护套。

  1. PMG Holders The PMG Guarantee does not apply to Notes that have been removed from their PMG holder, or if the PMG holder containing a Note has been damaged, unsealed, tampered with or altered. The determination as to whether this has occurred shall be at the sole discretion of PMG. Further, the PMG Guarantee does not apply to counterfeit or tampered PMG holders.

不当储存。若被提交进行重审服务的纸钞相较PMG原本对其指定的评级存在过低评级的情况,PMG保证将不适用,但评级护套是否遭受滥用,改动或在不当条件下储存,例如(但不限于)极端的温度、湿度、致害环境条件、过度光照,过度晃动或振动或任何其它极端环境,均由PMG基于其自由裁量确定。

  1. Improper Storage. The PMG Guarantee does not apply if Note submitted for Appearance Review is determined to have a lower grade than that originally assigned to it by PMG, but it is also determined by PMG that the holder has been subject 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.

属性。纸钞的属性特征不属于保证的范畴,包括种类归属特征、背景归属特征及谱系归属特征。此外,PMG并不保证一定能认定某一特定种类或名称的纸钞。与纸钞属性相关的政策如有变更,恕不另行通知。

  1. Attributions. Attributions, including variety attributions, reference attributions and pedigree attributions are NOT guaranteed. Further, PMG does not guarantee that a particular variety or designation will always be recognized, and attribution policies are subject to change without notice.

书写或机械性错误。书写(“机械性”)错误出现在纸钞被装封并贴标说明纸钞的评级和/或描述时,该评级和/或描述被熟悉PMG评级系统且进行过完整的PMG认证纸钞检查和PMG认证标签检查的收藏家认定有失准确。纸钞的买卖双方有责任检查该纸钞是否有书写错误,并在保证期内将其归还以进行更正。当PMG基于其自由裁量确定决定一个书写错误导致了纸钞的错误评级或描述时,PMG保证将不适用。若有要求,PMG将对书写错误进行补偿,补偿方式为免费更新装封并恰当贴标。

  1. Clerical or “Mechanical” Errors. A clerical (“mechanical”) error occurs when a Note is encapsulated with a label that bears a grade and/or description that a collector familiar with the PMG grading system and who performed a thorough inspection of both the PMG-certified Note and the PMG certification label could determine could not be accurate. It is the duty of the buyer and seller of a Note to examine such Note for a clerical error to return such Notes for correction when warranted. The PMG Guarantee does not apply when PMG determines, in its sole discretion, that a clerical error has resulted in the Note having an incorrect grade or description. If requested, PMG will remedy any clerical error free of charge by updating the encapsulation to show an appropriate label.

PMG certification labels with incorrect dates, catalog numbers, denominations and Note types (all of which should be obvious to someone who performs an inspection of the Note and label) are considered clerical errors. Examples of such errors include, but are not limited to, the following:

PMG证书标签上包含不正确的日期,类别编号,命名以及纸钞种类(此类信息对于检查纸钞或标签的人员而言应当是显而易见的)将被视为是书写错误。此类错误地例子包括但不限于下述:

若纸钞标签上的类别编号是Pick 872而事实上类别编号是Pick572。

若纸钞标签描述上的描述是1911年纸钞而实际纸钞时间是1910年。

纸钞被认定为500美金而实际上纸钞是50美金的。

纸钞被评级为68 Superb Gem Unc而事实上其应当为58 Choice About Unc,评级中的书写错误对于收藏者而言是明显的。

  1. A Note label description references a catalog number of Pick 872, when the Note actually has a catalog number of Pick 572.
  2. A Note label description references a 1911 date when the Note is actually dated 1910.
  3. A Note denomination is identified as $500 when the Note is actually a $50.
  4. A Note is graded 68 Superb Gem Unc when it should have been graded 58 Choice About Unc, a clerical error with respect to grade that would be obvious to a collector.

PMG登记。 PMG纸钞评级保证并不包括该纸钞在PMG纸钞登记处所登记的状态,如其合格核定或指定评分。PMG可在不另行通知的情况下变更注册登记信息,PMG并不保证某一纸钞始终有资格列入PMG纸钞登记处注册登记,也不保证该纸钞能得到特定的评分。

  • The PMG Registry. The PMG Guarantee does not cover a Note's status in the PMG Registry, including eligibility or points assigned. Changes to the PMG Registry may be made without notice, and PMG does not guarantee that a Note will always be eligible for inclusion in the PMG Registry nor does it guarantee that it will receive a certain point score.

THE PMG GUARANTEE AS SET FORTH HEREIN IS THE ONLY WARRANTY, EXPRESS OR IMPLIED, REGARDING THE PMG-GRADED NOTES TO WHICH IT APPLIES THAT IS MADE BY PMG. IT REPLACES AND SUPERSEDES ALL OTHER WARRANTIES PREVIOUSLY MADE BY PMG, EXPRESS OR IMPLIED. PMG MAKES NO WARRANTY OF MERCHANTABILITY, FITNESS OR OTHERWISE. THE REMEDIES PROVIDED IN THIS AGREEMENT ARE EXCLUSIVE. EXCEPT AS EXPRESSLY STATED IN THIS AGREEMENT, ALL OTHER REMEDIES AGAINST PMG ARE WAIVED. IN NO EVENT WILL PMG BE LIABLE FOR ANY TYPE OF DAMAGES, INCLUDING BUT NOT LIMITED TO, CONSEQUENTIAL, PUNITIVE AND INCIDENTAL DAMAGES.

本PMG保证是PMG制定的适用于PMG评级纸钞的唯一的、不论明示或暗示的保证。本保证应取代所有此前作出的其他保证,不论其他保证为明示作出或暗示作出。PMG并不保证纸钞的适销性、适用性或其它方面。本协议下提供的补救措施是排他性的。除本保证另有明确约定外,其它所有可能向PMG提出的救济于此已被放弃,包括但不限于间接损失、惩罚性赔偿和附带损害赔偿。

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 PMG, (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.

本保证应适用佛罗里达州法律并据此进行解释,视同所有交易发生于佛罗里达州内居民之间。依照本保证提出索赔的索赔人特此放弃由陪审团审判,并明示同意PMG有权单方选择:(1) 位于佛罗里达州萨拉索塔县的州和联邦法院对人身和标的的管辖权,或 (2) 针对由本协议引起的或与之相关的任何争议,可前往美国钱币协会或专业钱币行业协会进行仲裁。

Notwithstanding anything else contained in this PMG Guarantee, in the event of loss or damage of your Note by PMG, PMG will only be responsible for the LESSER of the actual current Fair Market Value as determined solely by PMG or the submitter declared valued. PMG若将您的纸钞丢失或对其造成损坏,PMG将仅赔偿实际的公允市场价值或纸钞提交者自己宣称的纸钞价值(以其中较低者为准),而不受本PMG纸钞评级保证其他条款的约束。

The PMG Guarantee has been translated into Chinese. If there is any inconsistency between the English version and the Chinese version, the English version shall prevail.

PMG保证已翻译成中文,若中英版本出现任何冲突,则以英文版本协议为准。

Revised: July 15, 2015

2015年7月15日修订