I know that all TPG's make mistakes, but come on, the damage is blatantly obvious here... It's kind of hard to photograph through the slab. In hand it's even more obvious. How could this possibly have gotten past more than one grader?
It's hard to believe PCGS would make a mistake this blatant. I'm wondering if someone figured how to sucessfully tamper with the case to make it look like it was never tampered with?
As I've pointed out lots of times. it's all about the Benjamins for the TPGs. They really missed the boat here. Of course grading commemorative issues and bullion coins 69s & 70s when they should be that way anyway because of modern minting techniques is a travesty. CAVEAT EMPTOR!
May have come in as part of a large lot; just not paying attention. I won't even mention what I perceive to be a fingerprint centered at 12 o'clock on the obverse. Oops. I mentioned it.
Well, this is why they have their grade guarantee...because they make mistakes. You could send it in as damage and possibly get some money out of it if it's really worth it to you...although with this coin it's probably not.
So were you the person who sent it in to be graded in the first place or did you buy it already graded? My point is why would someone send in a damaged coin to be graded? I believe the TPG's miss alot of stuff as far as errors but this would have been harder to miss for sure. :kewl:
What difference does it make. It seems clear to me that the person who submitted it didn't notice the damage either at the time. It may have been the OP or perhaps the OP bought it later (and since they bought it, they may no have noticed the damage at the time either). I believe the PCGS guarantee protects the current owner of the coin whither they are the submitter or not.
I bought the coin already slabbed. I'm curious about what PCGS would do with this coin. Would they reimburse me fair market value, or the diiference between the 69 grade and the damaged grade? Either way, not really worth it, what is this, maybe a $20 coin
Can anyone answer my previous question about what PCGS woud do if I called them on it? It's merely curiosity, as it's not really worth the effort and makes a nice conversation piece
Possibly damaged between grading and slabbing? Like maybe the guy doing the encapsulating dropped it or dropped something on it. According to Ron Guth at the Central States Show this past year the PCGS grading guarantee DOES NOT apply to the original submitter.
That I don't understand? Why wouldn't it apply to the original submitter? http://www.pcgs.com/guarantee.html
Ron said that since the original submitter isn't out anything, since he didn't pay a higher price for it, if he resubmits it and it downgrades it was just an error the first time they graded it and they don't pay off in that case. (I find it questionable too but that was what he said the policy was.)
