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<p>[QUOTE="GDJMSP, post: 952700, member: 112"]Their contract allows heritage to choose the auction that your coins will be sold in. It also allows them to pull any item they wish from that auction, and sell it at a later date if they wish, or not sell it at all and return it to you.</p><p><br /></p><p>And while I cannot specifically recall for certain, it may also allow them to re-submit the coin for re-grading or corss-grading if they think it is merited.</p><p><br /></p><p>The difference between the incident that I related and the one that Garret related is this. In mine PCGS bought the coin, for a price they chose, but they bought it. </p><p><br /></p><p>But it does not sound like NGC bought the coin in Garret's incident. They merely re-graded it. But if they down-graded the coin, then they owed the owner money. </p><p><br /></p><p>The question that has not been answered is - did they pay him ?</p><p><br /></p><p>If they did, end of story.[/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 952700, member: 112"]Their contract allows heritage to choose the auction that your coins will be sold in. It also allows them to pull any item they wish from that auction, and sell it at a later date if they wish, or not sell it at all and return it to you. And while I cannot specifically recall for certain, it may also allow them to re-submit the coin for re-grading or corss-grading if they think it is merited. The difference between the incident that I related and the one that Garret related is this. In mine PCGS bought the coin, for a price they chose, but they bought it. But it does not sound like NGC bought the coin in Garret's incident. They merely re-graded it. But if they down-graded the coin, then they owed the owner money. The question that has not been answered is - did they pay him ? If they did, end of story.[/QUOTE]
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