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<p>[QUOTE="EyeAppealingCoins, post: 3324758, member: 96749"]I disagree. The guarantee was strong and fairly enforced until gradual encroachments started to limit its scope around 2008-2009 around the time that the coin market first started declining as did submissions and PCGS revenue. I seem to recall the first changes coming after PCGS had to make a big payout for a PF69 RD IHC that developed a spot and a PF70 DCAM memorial wheat cent that costs thousands. It began with copper color and soon more and more encroachments were made. The "three point" grade swing mechanical error was added after PCGS publicly repudiated a MS70 Ike right before it was going to be auctioned off. I don't see any evidence that there were flagrant abusers on a wide scale necessitating the changes.</p><p><br /></p><p>The fact that the original language may have been poorly drafted from PCGS's business standpoint does not justify retroactive encroachments against legitimate warranty claims. And a coin overgraded by three or more points was never originally included as a mechanical error. Indeed, at the height of grade inflation and color bumps I have saw more 3 point grading interval swings than I care to admit.[/QUOTE]</p><p><br /></p>
[QUOTE="EyeAppealingCoins, post: 3324758, member: 96749"]I disagree. The guarantee was strong and fairly enforced until gradual encroachments started to limit its scope around 2008-2009 around the time that the coin market first started declining as did submissions and PCGS revenue. I seem to recall the first changes coming after PCGS had to make a big payout for a PF69 RD IHC that developed a spot and a PF70 DCAM memorial wheat cent that costs thousands. It began with copper color and soon more and more encroachments were made. The "three point" grade swing mechanical error was added after PCGS publicly repudiated a MS70 Ike right before it was going to be auctioned off. I don't see any evidence that there were flagrant abusers on a wide scale necessitating the changes. The fact that the original language may have been poorly drafted from PCGS's business standpoint does not justify retroactive encroachments against legitimate warranty claims. And a coin overgraded by three or more points was never originally included as a mechanical error. Indeed, at the height of grade inflation and color bumps I have saw more 3 point grading interval swings than I care to admit.[/QUOTE]
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