Has PSA ever had a problem with declared value?

What if you sent a 56 Mays that was like NM and declared the value at $95 for the $8 special. Would this be a problem? The declared value is only for insurance purposes, right? I've never pushed this issue but always wondered.
Thanks,
Mickey71
Thanks,
Mickey71
0
Comments
No, it is also used to determine what fee will be charged.
You can try it, I have heard that some do not get away with it.
Steve
When the .5 scale was introduced, I called cust svc to ask about what level I could submit a PSA 8 Michael Jordan RC for review. They said that since SMR was over $500, I could not submit under the $15 service even if I only wanted to insure it for $500.
Steve