PCGS hypathetical. If you sent a coin in for a regrade and it downgraded, but got a higher designat

jessewvu

do to compensate you?

Say you sent in a PCGS First Strike MS70 UHR for the PL designation and it was graded MS69PL due to some imperfection on the coin that developed since it was last slabbed by PCGS. Would PCGS honor their grade gaurnatee on the MS70 Non PL grade or MS70 PL grade because it would have technically been a PL to begin with, although missing the designation because it was sent in before they were giving the designation.

AMRC

Not I am understanding the question. If PCGS feels the need to downgrade a slabbed coin they will buy it from you at Market for whatever the holder said it was. If you crack it out and it downgrades, I have to ask what you were thinking when you cracked out an MS70 coin???? Does the DCAM mean that much to you? If so, sell you MS70 and buy one.

19Lyds

The coin would retain the First Strike Designation and you would be compensated for the downgrade.

First Strike™ and First Day of Issue are transferrable on downgrades, regrades, spot review and upgrades.

19Lyds

After a re-read.

If the coin qualified for the PL designation then it should get the PL designation.

Generally speaking, PCGS honors their grade unless the coin was damaged after the fact. The First Strike™ label is also transferrable.

crypto79

Agree with 19LYDS, I don't think there is a very big chance of that happing with an UHR unless it got spotting or something like that and then it wouldn't get the PL and you would get made hole.