Turning in the holder: intentional vs unintentional
Zoins
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Coins can change once the are placed in TPG holders. Some changes are unintentional (e.g. milkspots) while other changes are intentional (e.g. AT).
Unintentional changes are generally negative and people wish to avail themselves of the grade guarantee.
Intentional changes, however, may be desirable. How would PCGS respond to an intentional change to a coin in their holders to something that they may no longer consider market acceptable? If I had a wildly ATed coin in a PCGS holder and sent it in to get a TrueView, would PCGS crack it, take the picture and reholder it? Or would they take it off the market and possibly only pay me market price for an untoned version?
Unintentional changes are generally negative and people wish to avail themselves of the grade guarantee.
Intentional changes, however, may be desirable. How would PCGS respond to an intentional change to a coin in their holders to something that they may no longer consider market acceptable? If I had a wildly ATed coin in a PCGS holder and sent it in to get a TrueView, would PCGS crack it, take the picture and reholder it? Or would they take it off the market and possibly only pay me market price for an untoned version?
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-Paul
"Everything is on its way to somewhere. Everything." - George Malley, Phenomenon
http://www.american-legacy-coins.com
<< <i>Regarding your hypothetical question only: IMHO, in order for a TPG to even consider a liability, their must be a challenge from a consumer. In the case where a precedent has been set by a specific acceptance of liability, the TPG would only be responsible to any consumer in subsequent challenges where it can be demonstrated that the challenge relates to the preceding specific liability. Mostly, common sense prevails. >>
I don't know about the rest of what you said, but that last statement is rarely the case.
If I were PCGS, I would look at each coin on a case by case basis. At this point, the incidents seem isolated and rare.