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<p>[QUOTE="C-B-D, post: 2859758, member: 43130"]I've never had this happen before, but it's a BIG mistake on their part. This coin was purchased by a friend of mine raw and we split it. It was advertised as the FS-104 and it fooled us, too. The FS-104 is the really rare one and I had it graded and attributed by PCGS early this year. PCGS price guide lists this coin at $4500, which is a major stretch. The pop for this coin is 3, and it's tied for the finest known RB (even though there are 2 MS66 RD's). A potential buyer emailed me a couple days ago and pointed out that this is actually die pair #7, easily identified by the die dot between Lincoln's lips. So this coin is worth about $100 instead of thousands. I just mailed it back to PCGS today. It <u><i><b>IS</b></i></u> covered by their guarantee, but they determine replacement cost and the payout amount for the mistake.</p><p><br /></p><p>I know of a guy that this happened to: He bought a MS63RB FS-104 at Stacks & Bowers for $881 (a steal) and PCGS fought with him over the payout amount for months. I'm not sure what was resolved, if anything, but I do know they just wanted to pay him $881, even though they historically sold for $1250, before his sold so low at Stacks. He may have just gotten his money back and broken even.</p><p><br /></p><p>I won't say on here what I paid, but it was a lot, and it was purchased raw. Enough time has passed that the eBay sales record of it is gone, and there is <b><i><u>NO</u></i></b> record of a past MS64 RB being sold, so I suspect that PCGS will have a difficult time assigning a payout amount. The only sale on eBay is a AU55BN that sold for $887.</p><p><br /></p><p>Here's the coin. This whole process could take a couple of months or more, but I will try to keep this thread updated.</p><p>[ATTACH=full]680593[/ATTACH][/QUOTE]</p><p><br /></p>
[QUOTE="C-B-D, post: 2859758, member: 43130"]I've never had this happen before, but it's a BIG mistake on their part. This coin was purchased by a friend of mine raw and we split it. It was advertised as the FS-104 and it fooled us, too. The FS-104 is the really rare one and I had it graded and attributed by PCGS early this year. PCGS price guide lists this coin at $4500, which is a major stretch. The pop for this coin is 3, and it's tied for the finest known RB (even though there are 2 MS66 RD's). A potential buyer emailed me a couple days ago and pointed out that this is actually die pair #7, easily identified by the die dot between Lincoln's lips. So this coin is worth about $100 instead of thousands. I just mailed it back to PCGS today. It [U][I][B]IS[/B][/I][/U] covered by their guarantee, but they determine replacement cost and the payout amount for the mistake. I know of a guy that this happened to: He bought a MS63RB FS-104 at Stacks & Bowers for $881 (a steal) and PCGS fought with him over the payout amount for months. I'm not sure what was resolved, if anything, but I do know they just wanted to pay him $881, even though they historically sold for $1250, before his sold so low at Stacks. He may have just gotten his money back and broken even. I won't say on here what I paid, but it was a lot, and it was purchased raw. Enough time has passed that the eBay sales record of it is gone, and there is [B][I][U]NO[/U][/I][/B] record of a past MS64 RB being sold, so I suspect that PCGS will have a difficult time assigning a payout amount. The only sale on eBay is a AU55BN that sold for $887. Here's the coin. This whole process could take a couple of months or more, but I will try to keep this thread updated. [ATTACH=full]680593[/ATTACH][/QUOTE]
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My first PCGS Guarantee Resubmission
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