GSA To NGC On Morgan CC's

I've never seen a fake GSA holder, but I have seen a lot of GSA slabs being sold with COA's that don't belong together.

There is a LOT more to the Redfield's. There are three colors of holder not two, six different grade levels, two different types of holder (Paramount and Redfield), and two different versions of the red MS-65 Redfield holders. All told there are eleven different varieties of holder.

Something else that has to be remembered about the grading of the Redfield dollars is that at the time they were sold THERE WAS NO "OFFICIAL" STANDARDS FOR THE MS GRADES. The first written standards for the MS grades did not come into existence until 1978 and even then that was only for three grades 60, 65 and 70. MS-63 and 67 were not added until 1980 and the rest of the grades several years later. To expect coins graded in the early seventies to be graded to the standards defined almost ten years later is unreasonable. I'm not arguing that the MS-65 on these holders won't make the MS-65 of today, but it bothers me to see claims that they "overgraded the Redfield's" because they weren't graded to standards that didn't even exist.

if the coin is cracked out it would lose most of its interest from collectors that are looking for coins from this hoard. They weren't rare by any means but neither was the GSA Morgans but its the story behind it that makes these more collectible in my opinion

You can get the provenance transferred to a TPG slab but just like the GSAs in a TPG slab, it loses the history IMO. A common saying is "collect the coin, not the slab" but in the case of GSAs and Redfields, the original slab is primary to the coin. I have an MS60 Redfield that would probably grade MS61/62 and it will reside in the black holder as long as I own it.

Third color is green.

The grades that can be found are:

No Grade, black holder (Redfield only, holder says "a Coin from the Redfield Hoard" These are Redfield coins that they did not feel were uncirculated. These don't exist in Paramount holder because if they did they would just say "A silver dollar" and you are not going to be able to market that very well.

MS-60, Black holder (Redfield, and Paramount holders.)

MS-63, Black holder with the MS-60 grade on the holder changed to 63 using blue labeling tape BEFORE the holder was sealed. (Redfield and Paramount holders) These were done late in the marketing of the Redfield coins.

MS-65, Red holder (Redfield and Paramount holders) The Redfield version comes in two different shades of red and the leather graining on the red surface is different, one being coarse and one finely grained. The two types also have a difference in the font on the holders. On one the "Paramount International" line ends a half inch away from the edge of the holder on either side. On the other it ends less than a quarter inch from the edge of the holder.

MS-67, red holder (Redfield and Paramount holders) Similar to the MS-63 holders but the grade has been changed using red labeling tape.

MS-65+, Green holder (Redfield and Paramount holders) These are from early in the marketing and are coins they felt were better than MS-65, but the only other "defined grade" was 70 and they were not "70's". So they called them 65+ and sold then at a higher price. These holder are quite scarce.

I have examples of all of these except the MS-65+ holders and I have seen those.

I would be kicking myself if I had done this one
http://cgi.ebay.com/ws/eBayISAPI.dl...TRK:MEWAX:IT

Very informative Conder101. I too would like to see a picture of each type of holder if possible.