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<p>[QUOTE="lkeigwin, post: 2647360, member: 30400"]The heart of the guarantee vs. mechanical matter is simply "was there a clerical mistake or a grader mistake?"</p><p><br /></p><p>If the grader and finalizer agreed the coin was a PR65 then PCGS should be on the hook for a payout. Again, what the coin cost, or its source, is irrelevant to the guarantee.</p><p><br /></p><p>If graders intended it to be recorded as an MS65 but it was keyed into their database incorrectly then it is a mechanical error they will fix for free. There will be no recompense.</p><p><br /></p><p>The latter is the more likely case, IMO. At least two world class graders were involved and they would not make such a huge, blatant blunder.</p><p><br /></p><p>It is not unheard of for companies to go beyond the limits of their obligation for the sake of good will, company reputation, bad press, etc. If pressured PCGS might find a way to make the owner a little happier. But don't count on it.</p><p>Lance.[/QUOTE]</p><p><br /></p>
[QUOTE="lkeigwin, post: 2647360, member: 30400"]The heart of the guarantee vs. mechanical matter is simply "was there a clerical mistake or a grader mistake?" If the grader and finalizer agreed the coin was a PR65 then PCGS should be on the hook for a payout. Again, what the coin cost, or its source, is irrelevant to the guarantee. If graders intended it to be recorded as an MS65 but it was keyed into their database incorrectly then it is a mechanical error they will fix for free. There will be no recompense. The latter is the more likely case, IMO. At least two world class graders were involved and they would not make such a huge, blatant blunder. It is not unheard of for companies to go beyond the limits of their obligation for the sake of good will, company reputation, bad press, etc. If pressured PCGS might find a way to make the owner a little happier. But don't count on it. Lance.[/QUOTE]
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