Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
SEGS NOT HONORING GUARANTEE
>
Reply to Thread
Message:
<p>[QUOTE="Insider, post: 2441097, member: 24314"]Now, thanks to some tough questions from [USER=43130]@C-B-D[/USER] , this is getting very interesting.</p><p><br /></p><p>A coin that "books" for $$,$$$ sells for $,$$$ due to (?):</p><p><br /></p><p>1. Not major grading service slab.</p><p>2. Coin is overgraded. (Now we know it was).</p><p>3. Buyer got a steal and paid wayyyyy under the grade on the label.</p><p><br /></p><p>...and the buyer wants "book" value because he UNDERPAID for a $19,000 coin?</p><p><br /></p><p>I have heard of dealers looking for overgraded slabs to return to the TPGS to get reimbursed for the actual difference in grade - I've actually seen this tried several times with no luck. </p><p><br /></p><p>Only question in my mind is what made you send it back to SEGS? Probably not for an upgrade - right? Perhaps you knew it was not an MS-66 and saw a potential downgrade + cash? </p><p><br /></p><p>In any case, we cannot fault you or your motives. Hope it works out for you.[/QUOTE]</p><p><br /></p>
[QUOTE="Insider, post: 2441097, member: 24314"]Now, thanks to some tough questions from [USER=43130]@C-B-D[/USER] , this is getting very interesting. A coin that "books" for $$,$$$ sells for $,$$$ due to (?): 1. Not major grading service slab. 2. Coin is overgraded. (Now we know it was). 3. Buyer got a steal and paid wayyyyy under the grade on the label. ...and the buyer wants "book" value because he UNDERPAID for a $19,000 coin? I have heard of dealers looking for overgraded slabs to return to the TPGS to get reimbursed for the actual difference in grade - I've actually seen this tried several times with no luck. Only question in my mind is what made you send it back to SEGS? Probably not for an upgrade - right? Perhaps you knew it was not an MS-66 and saw a potential downgrade + cash? In any case, we cannot fault you or your motives. Hope it works out for you.[/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
>
US Coins Forum
>
SEGS NOT HONORING GUARANTEE
>
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...