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Old 04-11-2012, 04:05 PM
vintagetoppsguy vintagetoppsguy is offline
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Quote:
Originally Posted by chaddurbin View Post
i'm surprised OP is saying he's getting the cut back. usually when psa reimburse they'd destroy the evidence and probably make you sign a non-disclosure and be done with it, like other big companies.
I guess it depends on what they reimburse him for. It is my understanding that Donovan was the sumbitter of the item. If that is the case, they would only have to reimburse him for the authentication fees. Legally the cut would still be his. I guess they would have the option to buy it back at fair market value, but if they're only reimbursing him the authentication fees then the cut is still his.

If he were to have purchased the cut already authenticated and then sent it back in for re-evalution, then that is a different story. Then they would have to reimburse him full fair market value. At least that's my understanding of how it works.
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