Posted By:
Anonymous"corey January 19 2008, 10:29 AM
there is a point that cannot be missed....
and it is the reason both situations (SGC and PSA) are very much the same.
Whether I send a graded card to PSA or SGC or another grading company:
The card and the slab are mine. My property. Not SGCs. Not PSAs.
If I direct them not to touch my property unless they plan on giving me a grade bump - that is completely up to me (not the grading company).
Of course they may charge a fee for the service even if they do not change a grade. That is their option.
edit: to your point (2) - I believe in that case SGC cannot break out my card. They would look to buy it. Either grading company would look to buy the card or deny it is misgraded. One or the other.
edit: to your point (1) - I do not see that example as even remotely being close to the point I am making (probably my fault as not being clear). But that example is not the same as what I am saying.
edit once again: for the record - SGC is my preferred choice for grading. Its not even close."
The difference in your example is enormous. PSA official policy, in writing, is to turn a blind eye. SGC's written policy and SGC resubmits is as follows:
"Cards on regrade or reholder service: SGC has the right to reevaluate the card and assign a newly established grade if SGC believes the card was originally misgraded. If the grade change results in a loss of value of the card, SGC will compensate the customer based upon market value as solely determined by SGC."