Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
Did PCGS screw up grading this coin?
>
Reply to Thread
Message:
<p>[QUOTE="Gam3rBlake, post: 8154073, member: 115909"]They absolutely saw it.</p><p><br /></p><p>Even if somehow the first 2 world class graders missed it…it still goes to “Quality Assurance” where it is checked and double checked again.</p><p><br /></p><p>Afterall when PCGS mis-grades a coin they are potentially losing money because of the PCGS Guarantee.</p><p><br /></p><p>Even if I sent this coin back in and told them exactly what the problem was and they said “Oh we missed that. It’s a 69.” the PCGS Guarantee would kick in and I could demand either a legit MS70 or the fair market value between 69 and 70. Not only that but they would be obligated to return my grading fees for that coin.</p><p><br /></p><p>PCGS doesn’t want to lose money. If anything they are more likely to undergrade than overgrade.</p><p><br /></p><p>A dealer I know named Daniel had a similar coin with a similar error and he sent it in with “variety attribution” so I am very interested to see if they give him the “Mint Error” label.[/QUOTE]</p><p><br /></p>
[QUOTE="Gam3rBlake, post: 8154073, member: 115909"]They absolutely saw it. Even if somehow the first 2 world class graders missed it…it still goes to “Quality Assurance” where it is checked and double checked again. Afterall when PCGS mis-grades a coin they are potentially losing money because of the PCGS Guarantee. Even if I sent this coin back in and told them exactly what the problem was and they said “Oh we missed that. It’s a 69.” the PCGS Guarantee would kick in and I could demand either a legit MS70 or the fair market value between 69 and 70. Not only that but they would be obligated to return my grading fees for that coin. PCGS doesn’t want to lose money. If anything they are more likely to undergrade than overgrade. A dealer I know named Daniel had a similar coin with a similar error and he sent it in with “variety attribution” so I am very interested to see if they give him the “Mint Error” label.[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
Did PCGS screw up grading this coin?
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...