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<p>[QUOTE=&quot;Coinchemistry 2012, post: 2476271, member: 28107&quot;]I think your focus is far too narrow.&nbsp; Forget about the OP for a moment and forget about the prospect of recovery.&nbsp; This is about principle, and this goes well beyond SEGS/Briggs.&nbsp; Encroachments to TPG guarantees are a real threat to the certified rare coin market.&nbsp; PCGS does the same thing or at least has also made several substantial retroactive modifications to its guarantee that reduced coverage. SEGS has cited this privately as precedent (different example than what follows).&nbsp; PCGS too has refused to honor its guarantee on an egregiously overgraded Ike (a condition rarity that would have likely fetched a few thousand or more), and declared that anything overgraded by more than two points would not be honored and would be treated as a mechanical error.&nbsp; The more collectors accept this behavior, the greater the abuses will become in the future and companies will breach their warranties with impunity.&nbsp;&nbsp; This will undermine confidence in the market and severely hurt value and liquidity.[/QUOTE]</p><p><br /></p>

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