Brent Huigens - PWCC. Do you really want to keep this game up? I'm ready boss.

[swarmee]

Originally Posted by Brent Huigens

6) Last evening the buyer decided to return the card. When PWCC receives the return, we will refund the buyer's payment. Because PWCC was the entity that got the card graded (albeit on behalf of a client), PWCC is shouldering the costs of the loss.

Betsy Huigens
PWCC Auctions, LLC

I know you said this was the last post on the thread, but there are still real questions to be asked/answered. Here is mine: will the card now be returned to PSA under their insurance policy and bought back down to the original price/grade range and then either cracked or reholdered? If the card is still out there as a slabbed PSA 7, then it's still a problem. And theoretically, if PSA is liable for the incorrect grading, you could recoup 90% of your costs by busting it down to a PSA Authentic or mid-grade and taking the difference in a check from PSA.

[Batpig]

I'm sure PWCC won't be completely left holding the bag on this. A bump or two and a wink can easily make up 50k. Just need to make sure the card(s) involved aren't as easily identified from past sales!

[glynparson]

John, psa does not refund the submitter of a card anything for an incorrect grade. They will reimburse a subsequent buyer but not the original submitter. I know it seems odd but I have had this happen to me a couple times in the 25 years I have been dealing with psa. They thank you and give you back the grading fee but nothing for the card. You just get it back correctly graded and a refund of the grading fees. I have even experienced this within the last year. It is still their policy.

[Peter_Spaeth]

So psa should be the one paying the buyer who overpaid due to psa,s mistake according to what we have been told.

Again, i think we have not been told the whole story or even necessarily the truth.

[Stampsfan]

Originally Posted by swarmee

I know you said this was the last post on the thread, but there are still real questions to be asked/answered. Here is mine: will the card now be returned to PSA under their insurance policy and bought back down to the original price/grade range and then either cracked or reholdered?

If true, I wonder if they could then ship it back to SGC, so SGC could put it back into the "4" holder it apparently belongs in?

Nah, SGC cannot seem to provide a proper grade for their cards...

[Peter_Spaeth]

Originally Posted by Stampsfan

If true, I wonder if they could then ship it back to SGC, so SGC could put it back into the "4" holder it apparently belongs in?

Nah, SGC cannot seem to provide a proper grade for their cards...

It belonged in that holder before it was altered. Not so sure now.