Question Re: Reviews & Bumps

[MattyC]

Was just having this convo on the phone with a fellow collector; curious as to hobbyists thoughts here...

Hypothetically, you own a card. It is graded X-grade by a TPG. It is worth $1000. You review the card because you firmly believe it is a specimen warranting a higher grade. The review is unsuccessful.

You subsequently sell the card for $1000.

The next owner reviews it at the very same TPG, and the card now becomes a GRADE X+1. He sells it for $250,000.

Now, when the TPG reviews the card and bumps it up, they are in effect saying, "We got it wrong earlier."

Yet the first owner who submitted the card paid that TPG, under the assumption the TPG would indeed get it right. He even gave them a chance to review the card and change their verdict.

In this situation, it seems the original submitter was truly wronged, in that he paid for a service that was performed-- only for the service provider to later say they got it wrong, and now got it right... But this correction in grade benefits a new individual.