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<p>[QUOTE="Insider, post: 2441051, member: 24314"]I'm not defending SEGS or any TPGS here. This is not funny and represents a large "book loss" for the OP.</p><p><br /></p><p>That said, <span style="color: #ff00ff">IMO the grade assigned to a coin by a TPGS should NEVER be guaranteed</span>. There are plenty of misgraded coins in slabs. That should be obvious with millions of coins slabbed. We only hear boasting when one of these errors gets upgraded. Yours is the other case and it is a real shame. This illustrates one reason there is an "artificial wall" where a solid coin for the grade does not get the grade it deserves because due to its date and mint there is a huge price jump. That is also the reason that very many coins sent in for reconsideration REMAIN MISGRADED in their original holder. </p><p><br /></p><p>I guess the fact that you got a downgrade and a letter at the least says something about that company. They could have claimed it was a "mechanical error" and the actual grade opinion was typed in wrong and no one caught it. </p><p><br /></p><p>Several of the TPGS's have changed their grading guarantee over the years. Several TPGS's have changed their physical location and graders. Grading itself has changed although mostly looser (not the case here). </p><p><br /></p><p>Hope you have deep pockets and get some satisfaction. You possibly could have done better working w/the grading company - free grading for life...LOL.[/QUOTE]</p><p><br /></p>
[QUOTE="Insider, post: 2441051, member: 24314"]I'm not defending SEGS or any TPGS here. This is not funny and represents a large "book loss" for the OP. That said, [COLOR=#ff00ff]IMO the grade assigned to a coin by a TPGS should NEVER be guaranteed[/COLOR]. There are plenty of misgraded coins in slabs. That should be obvious with millions of coins slabbed. We only hear boasting when one of these errors gets upgraded. Yours is the other case and it is a real shame. This illustrates one reason there is an "artificial wall" where a solid coin for the grade does not get the grade it deserves because due to its date and mint there is a huge price jump. That is also the reason that very many coins sent in for reconsideration REMAIN MISGRADED in their original holder. I guess the fact that you got a downgrade and a letter at the least says something about that company. They could have claimed it was a "mechanical error" and the actual grade opinion was typed in wrong and no one caught it. Several of the TPGS's have changed their grading guarantee over the years. Several TPGS's have changed their physical location and graders. Grading itself has changed although mostly looser (not the case here). Hope you have deep pockets and get some satisfaction. You possibly could have done better working w/the grading company - free grading for life...LOL.[/QUOTE]
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