I just paid $1,200 for a Teenage Mutant Ninja Turtles Comic Issue #4 1st Series that was freshly graded as a 9.8 by CGC in 4/21.
But once it arrived, I immediately noticed that it has an obvious spine crease and some piece of cardboard paper floating around inside the sealed slab.
It's basically a $400 comic that's been slabbed as a 9.8. And as a serious collector, I feel like I just got ripped off BIG TIME!
I can't blame the eBay seller since the slab doesn't appear to have been tampered with. But I can't, in good conscience, resell this comic as NM+ 9.8, despite the horribly wrong grade on this slab claiming it's a 9.8.
What can I do about this? Grading a book at a 9.8 in this condition is wrong! Buyers are getting ripped off. (me)
I'm supposed to trust the grading when I see that CGC graded the book. That's why I pay a premium for graded slabs.
If I pay top dollar for a 9.8, it should actually be a 9.8.
And if having a spine crease can still pass as a 9.8. then I have a LOT more un-slabbed 9.8's in my collection than I thought.
CGC Lookup #3741199004