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Undergraded Certified Coins?

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Pillar of the Community
hadleydog's Avatar
Canada
1267 Posts
 Posted 01/03/2007  5:37 pm  Show Profile   Bookmark this reply Add hadleydog to your friends list Get a Link to this Reply
quote:
Originally posted by Ray411

I guess even if they crack it out the coin is first recorded with it's original grade even though the graders don't know it. If by chance it is downgraded cause of it's recorded grade it will still be put in a new holder and given that grade again. I know that sounds strange but sounds pretty fair. I just think that any coin that is already slabbed and graded that this original slabbed grade can sway the graders. Who knows maybe since they have to do so many coins per day for Regrades they just simply glance at it and say Ya looks like a MS64 with a ten second look and passes it on. Now that wouldn't be fair taking a customers $30 for practically doing nothing. I guess the only way to get a new fair grade is cracking them out first and sending them in raw. But as we discussed that could be risky if you are going for an upgrade and get a downgrade instead. Ouch!


The reason they record the original grade is because of the grade guarantee (for PCGS, at least).
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