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Possible NGC Grading Error - Recommendations?
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<p>[QUOTE="Hotpocket, post: 1932686, member: 44182"]I would like to ask for help/recommendations on the following situation. </p><p><br /></p><p>I recently purchased a Proof coin from a reputable dealer; it was specifically sold to me as a Proof version of the coin. However, I submitted the coin to NGC for grading and the coin came back as mint state MS63, not Proof. </p><p><br /></p><p>Here are my questions:</p><p><br /></p><p>1) should I re-submit to NGC for re-grading if I think they made a mistake? Is there a different process for reviewing re-grades (in other words if Person A graded it the first time, do they ensure Persons B and C look at it on re-grade)? How likely is it that they would change their position? (and no, I am not holding my breath - but if you have had experience with regrades, I would like to hear it).</p><p><br /></p><p>2) should I just ask for a refund from the dealer? And if so, is it reasonable to ask him to compensate me for the grading fees as well? Never been in this position, so not sure what protocol is. I believe he sold it to me in good faith and did not intentionally try to deceive me. But if he only refunds the price of the coin and not the grading fees (not to mention the shipping), not sure that is fair...</p><p><br /></p><p>Its only a $100 coin, so I am not losing sleep over it. Its more the principle that if the coin was sold to me as a Proof, it should be a Proof. </p><p><br /></p><p>Thoughts? Suggestions? Thanks.[/QUOTE]</p><p><br /></p>
[QUOTE="Hotpocket, post: 1932686, member: 44182"]I would like to ask for help/recommendations on the following situation. I recently purchased a Proof coin from a reputable dealer; it was specifically sold to me as a Proof version of the coin. However, I submitted the coin to NGC for grading and the coin came back as mint state MS63, not Proof. Here are my questions: 1) should I re-submit to NGC for re-grading if I think they made a mistake? Is there a different process for reviewing re-grades (in other words if Person A graded it the first time, do they ensure Persons B and C look at it on re-grade)? How likely is it that they would change their position? (and no, I am not holding my breath - but if you have had experience with regrades, I would like to hear it). 2) should I just ask for a refund from the dealer? And if so, is it reasonable to ask him to compensate me for the grading fees as well? Never been in this position, so not sure what protocol is. I believe he sold it to me in good faith and did not intentionally try to deceive me. But if he only refunds the price of the coin and not the grading fees (not to mention the shipping), not sure that is fair... Its only a $100 coin, so I am not losing sleep over it. Its more the principle that if the coin was sold to me as a Proof, it should be a Proof. Thoughts? Suggestions? Thanks.[/QUOTE]
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