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Allegedly PCGS Damaged a Customer's Coin?!!
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<p>[QUOTE="ToughCOINS, post: 4500157, member: 20480"]Decisions like this are penny-wise / pound-foolish.</p><p><br /></p><p>Damaging the coin was a mistake, but choosing how much to compensate the customer for the damage was not. </p><p><br /></p><p>I don't know how much less the coin is worth in this damaged condition, but I suspect the difference exceeds $15. Not knowing any different, I must give PCGS the benefit of the doubt. </p><p><br /></p><p>Still, whoever damaged the coin knew it had not been submitted that way, and it should not have continued through the grading process . . . either that, or the grading fees should not have been charged. Nice of PCGS to dig the submitter's hole even deeper.</p><p><br /></p><p>Big companies have the ability to write down expenses such as this as "goodwill", and leaning on the generous side goes a long way. Contrary to good business practice, this is a perfect example of PCGS giving short shrift to a customer. </p><p><br /></p><p>It is actions such as this which place businesses like PCGS and eBay in the same basket.[/QUOTE]</p><p><br /></p>
[QUOTE="ToughCOINS, post: 4500157, member: 20480"]Decisions like this are penny-wise / pound-foolish. Damaging the coin was a mistake, but choosing how much to compensate the customer for the damage was not. I don't know how much less the coin is worth in this damaged condition, but I suspect the difference exceeds $15. Not knowing any different, I must give PCGS the benefit of the doubt. Still, whoever damaged the coin knew it had not been submitted that way, and it should not have continued through the grading process . . . either that, or the grading fees should not have been charged. Nice of PCGS to dig the submitter's hole even deeper. Big companies have the ability to write down expenses such as this as "goodwill", and leaning on the generous side goes a long way. Contrary to good business practice, this is a perfect example of PCGS giving short shrift to a customer. It is actions such as this which place businesses like PCGS and eBay in the same basket.[/QUOTE]
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