Textbook Definition Of 'Basement Slab' - Page 2

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Author	Replies: 21 / Views: 3,849	Page: of 2

SsuperDdave Moderator United States 23522 Posts	Posted 11/05/2014 1:17 pm Quote: Then try to say it was against the terms to profit from that. Fortunately for you, they lack a legal leg to stand on. Once you buy the slab, you own it, not them. Report this Post to the Staff
Conder101 Bedrock of the Community United States 17884 Posts	Posted 11/07/2014 12:15 am Doesn't matter. In the guarantee they define things that are obvious errors as being "mechanical" errors and the guarantee does not cover them. They will reholder and correct the error for free but no compensation will be paid. So if you bought a slab labeled 1932-S quarter and it has a 1932 Philadelphia quarter in it you are NOT compensated even if you paid 32-S money for it. Report this Post to the Staff
OldSkoolMadSkilz Pillar of the Community United States 2077 Posts	Posted 11/07/2014 9:12 pm I like the 21 digit ID number, That's enough to grade every coin minted since the beginning of time a million times over. Report this Post to the Staff
DoubleEagle20 Pillar of the Community United States 1750 Posts	Posted 11/09/2014 1:09 pm ANGS...snicker..chuckle...lol. Report this Post to the Staff
Copper Penny Connection Valued Member United States 415 Posts	Posted 11/09/2014 1:52 pm Some buyers do pay premiums for mislabeled slabs. My advice is to NOT send it back. Keep or sell it for the premium. I think what NGC meant by not profiting off the 1932 d/s quarter situation was that you shouldn't mislead a buyer in thinking its the higher premium coin hoping they don't check the date/mintmark. Also they probably don't want to look like an overnight grading service making rookie mistakes. Report this Post to the Staff
Conder101 Bedrock of the Community United States 17884 Posts	Posted 11/10/2014 10:58 am I think what they mean by not profiting is that you buy a 1932 quarter that is mislabeled 32-S, it is a "mechanical error" that they will correct for free, but they will NOT pay you the difference in value between what the slab says it is and what it really is. YOU will not profit off their "mechanical" error. Report this Post to the Staff
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