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Posted By: Matt

With Leon's permission, I am posting the email H&S sent explaining their position:

"after speaking to our President, Bill Huggins, here is how we are going to
handle this. Unfortunately, we are not a third party authenticator. They are
the experts and while any cards that are ungraded, we do our best to
describe the condition, including if we feel a card has been trimmed (there
are many in the auction that we have stated as such). However, when a card
is professionally graded, we are not in the business to "regrade" cards. If
we were, anytime we disagree with a grade from one of the grading companies
(which there are many), we would just say "this card has been graded a VG 3
by PSA, however it is really an EX 5, in our opinion."
PSA will absolutely buy the card back from the final winning bidder if it
can be proven to them that they made a mistake. They will buy it back at the
final sale price from the auction, again, provided it can be proven to them
that they errantly slabbed the card. The process at PSA for them to slab
cards, has the card running through multiple hands and multiple checks and
balances. Since they are the experts, we are going to leave the card as is."

If I have breached some sort of confidentiality by posting this then please let me know and I will remove it.