What If A TPG Dmaged My Coin

Well, I can say the best way to help in the future.

Take the pics and print them out. Then put them in a sealed envelope and take them to the Post Office and request them to manually date it and mail it to you.

Once at home you leave it UNOPENED. The only time it should be opened is in a Courtroom in front of a Judge.

This also allows you to send it back without giving them all the evidence.

Good Luck

Coins arent body bagged anymore but thats super specific for being theoretical. Pictures would help of the coin in question

Correct me if I'm wrong but I believe youre saying its in a graded MS slab but believe it should be in a details one?

I believe PCGS has cameras on their grading floor and I would assume NGC would have the same. If they dropped it and caused the hit it should be on film somewhere if you used either of them.

I havent had that happen before I did get one back from PCGS with a small crack in the slab one time though. After I talked to them I sent it back in and they replaced it for free pretty quickly and sent it back.

I doubt very much that if a TPG were to damage a coin submitted to them, they would try to cover it up by assigning the coin a grade that was clearly no longer appropriate.

If a crooked TPG were to damage a coin and wished to cover it up, they would return your coin with a correct "details" grade. If challenged by you, the sender, with evidence that the damage was not present before you sent it, they would simply say that the damage must have happened in the original transit from you to them. You, after all, would have no actual evidence that this was not in fact the case. All you could know for sure is that, at some time between you sending the coin and you getting it back, that the coin had been damaged.

But in all likelihood, if a TPG did damage a coin severely while in their care, they would most probably fess up to the owner straight away, claim it on their insurance and pay the owner out. A cover-up simply isn't worth the risk; if somebody "in the know" within the company turned whistleblower to the numismatic press that those sort of shenanigans were going on, their reputation would be ruined.

with SAP right on the money.




Contact them, photograph the coin, send it to them if they asked. I assume we are talking about a top tier TPG? PCGS, NGC, ANACS? I'd have no issue letting them see the coin after I got it back damaged. They are bonded and insured just like if a top lawn service damages something in your yard, etc.

Would this situation be covered under the TPG grade guarantee?

My understanding is that if the coin in the holder doesn't meet the grade on the holder, they will refund the difference in value between the grades.

Of course, you have to send it in for that to happen.

If they had video of themselves damaging it I cant imagine they wouldnt just outright buy it. It doesn't make sense to risk multimillion dollar businesses over a single coin. For the question of damage during encapsulation, I dont see how those plastic/rubbery prongs they use in the holder could damage a coin. MAYBE a Half Dime, but anything else the coin metal is just simply much stronger than it

Start here:

http://forums.collectors.com/



Seriously, though, please tell the story - you presented it as a theoretical (your own words) and had you expressed it as a reality, we might have reacted differently.