Last year I bought an MS-63FH -1920 SLQ , it had beautiful rainbow toning, had to have it. It was in a NGC slab stating grade & FH status . After getting the coin home I noticed the head looked kinda flat , after looking in a grading manual as to what a full head contails , it definetly wasn't a full head . I realise I was blinded by the toning and should have learned what a full head entailed , before buying , but the coin looked so nice . Now when I look at it I get a sick feeling , thinking I paid full head money for it . My question is , do I have any recourse , for NGC's error. Or should I just use it as a lesson learned , to buy the book befor the coin . rzage
NGC should reimburse your for it, they'll pay you what it is worth I think. The value being up to them though, but I would get in touch with them. Or I think they might let you reslab it, and pay you the difference, but then I'm not sure, as I've never done it before. Best of luck to you man. :thumb: Phoenix
It seems to me that I read some where that SLQ's had a weak strike. Then what qualified for the full head at the TPG'ers was technically not a full head. So what the buyer had to do to get the "choice" coins was to look for those coins which represented the full head. I will be honest and say I do not know if this is correct - but I thought I read this in coinworld(or somewhere) a few months back. So to me the question is the coin incorrectly graded by NGC standards? I am not sure what recourses you have.
I recommend you to check the edge of the slab - it may be possible that it has been cracked out and then replaced with a lower graded coin.
tampered slab I thought that the slabs were tamper proof , how could you tell that the slab has been tampered with . rzage
Talk to NGC. Also, talk to the dealer you got it from. I know it's been a long time, but there are some really strong people out there who really stand behind their sale. I wouldn't push it, since it's been so long. But I would mention it.
I would send it to NGC for review. My only fear is that they could call it a labeling error, which is not covered under their guarantee.
NGC's garantee states that any coin resubmitted for an "appearence review" that is regraded lower will be replaced with a coin meeting the standards of the original assigned grade, or they may choose to pay you the difference based on fair mkt. value. But like ShortgapBob says NGCs review opinion is their own perogative.
My guess is that the holder has not been tampered with, and that what many purists would label as a nearly full head example, was designated as "FH". In my opinion, that occurs very frequently. Enjoy the coin.
