To my understanding they will buy the card from you or pay for the difference in the true grade ( I really have no clue ) my question is how do they come up with what to give you and if any of you have done this in the past.
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If I am not mistaken (A big AFAIK); If you e.g. buy a PSA10 card with obvious defects, which should never been graded a 10 you can contact PSA and they will, after the usual hassle, pay you the difference between the grade.
@collectortyler, PSA will probably ask you to regrade and if they downgrade from a 10 they will compensate the difference,
I believe that is the procedure,
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^ Yes and price is negotiated usingpast sales.
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