I dispute earlier statements that the scenario presented by OP was an isolated incident; indeed it happens quite often. Listen to discussions among dealers at any coin show. I fall in the "you roll the dice, sometimes you get snake eyes" crowd. Don't play the crackout game if you aren't willing to accept that you can (and will) be wrong occasionally. Sometimes the coin is simply at the end of the road; it's not always an undergrade just because it's in an old holder or because you (or I) own it.
People have a tendency to be proud of new acquisitions, even those who have played the crackout game on a regular basis; they look at the number on the label, convince themselves that it's an undergrade, and often forget to look closely at the coin. You know, that round shiny/not so shiny thing that is actually housed in the holder.
I could not find a fee for this - or is it speed/value level for grading raw coins?
Regrade: Use the "Regrade" service for coins previously graded by PCGS that you feel might be worthy of a higher grade. Submit the coins in the holder. We guarantee that the coins will not be downgraded
So if I understand this correct, if a coin loses grade or designation, the 'value' lost is reimbursed?
I have some MS67 Jeffersons that do and do not have FS designation, and some are rather expensive by my standards - and from what I have seen by recent standards, they should not be in the holder they are in (okay I bought some dogs before I knew better) - just curious if they would grade the same today
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People have a tendency to be proud of new acquisitions, even those who have played the crackout game on a regular basis; they look at the number on the label, convince themselves that it's an undergrade, and often forget to look closely at the coin. You know, that round shiny/not so shiny thing that is actually housed in the holder.
RIP Mom- 1932-2012
I could not find a fee for this - or is it speed/value level for grading raw coins?
Regrade: Use the "Regrade" service for coins previously graded by PCGS that you feel might be worthy of a higher grade. Submit the coins in the holder. We guarantee that the coins will not be downgraded
So if I understand this correct, if a coin loses grade or designation, the 'value' lost is reimbursed?
I have some MS67 Jeffersons that do and do not have FS designation, and some are rather expensive by my standards - and from what I have seen by recent standards, they should not be in the holder they are in (okay I bought some dogs before I knew better) - just curious if they would grade the same today