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You Send a PCGS Back to PCGS for Evaluation...

braddickbraddick Posts: 23,965 ✭✭✭✭✭
And PCGS finds doctoring. Ok, bear with me here (apparently the way I presented this question the first time wasn't cutting it): Let's say you own that $20 with the hidden "X" and send that Saint back to PCGS because you believe it is undergraded.
PCGS, during their evaluation, sees the "damage" they missed the first time and bags the coin. First, do they only send a check without returning the coin? Or, do they send a payment, along with the coin in a bodybag?

What if the Collector wants the coin to remain holdered, with the countermark and doesn't want the check? Can a Collector request grade evaluation only when submitting the coin?

Or, in the case of the neon toned Jeffersons: You sent the coin in for a possible upgrade, could PCGS then decide it will not reholder the nickel (having since the first time, determined they're all AT), but instead simply return it to you raw with a check, even though you don't want compensation, you just want the Jefferson back holdered?

peacockcoins

Comments

  • dpooledpoole Posts: 5,940 ✭✭✭✭✭
    Braddick,

    PCGS sends the coin back body-bagged with the check.

    As far as whether you can request an AT'd or damaged coin remain holdered, I haven't come across that situaiton personally, and so I don't know. I imagine, however, that PCGS would be motivated to get ATd and damaged coins out of their holders because otherwise they would remain exposed to the liability.
  • airplanenutairplanenut Posts: 22,148 ✭✭✭✭✭
    They wouldn't put the coin back in a slab--if they find something wrong, it's basically their responsibility to fix it. It would be just as bad as holdering a tooled coin on the first go and just forgetting the damage--it makes them look bad, and in the end, they're responsible.

    Jeremy
    JK Coin Photography - eBay Consignments | High Quality Photos | LOW Prices | 20% of Consignment Proceeds Go to Pancreatic Cancer Research

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