The real kicker is that under their "guarantee," they'd call this a "clerical error" and deny any responsibility.
Considering the wear and that the grader guy only looked at it for 3 seconds to put a grade he probably was not paying attention and thought it was a liberty cap due to all the wear.
I completely agree with you, considering they are such a highly prestigious service and very depended on they should be very careful and as accurate as they can.
How many graders do they have and how many coins do they grade per day? I always wanted to ask that but I keep forgetting
@Tamaracian I think we might've gotten a little mixed up here, the coin in your picture and the coin in my picture are two different coins.
A 1796 Liberty cap in this grade is worth almost exactly what a DB cent would be. What would you want PCGS to do under their guarantee policy other than correct their mistake which they would gladly do if sent to them?
Oysterk is correct. Here's the cert link: http://www.pcgs.com/Cert/21193969/ States Liberty Cap. No images.
In this case, it's not such a big deal, dollar-wise. In other circumstances, it certainly could -- and in some cases has been -- different. However, if pressed, I'd have to search through old links and archives to find some particularly scathing cases.
1796 covers both Liberty Cap and Draped Bust, year-wise. Easy mistake for grading services that don't normally grade old copper.
1796 covers both Liberty Cap and Draped Bust, year-wise. Easy mistake for grading services that don't normally grade old copper.
