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Older Green Label PCGS Coin Question

 
 
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Valued Member

United States
91 Posts
 Posted 11/17/2019  4:42 pm Show Profile   Bookmark this topic Add BGLI to your friends list Get a Link to this Message
Trying to Learn why some auctions note in auction title "old green label". Some also say "old rattler" slabs? Are those older green label and rattler coins more valuable because PCGS was theoretically more liberal graders back then and a better possibility of resubmission upgrade? Does NGC have similar issues? Are those older labels more likely to be fakes.
Bedrock of the Community
United States
16016 Posts
 Posted 11/19/2019  3:19 pm  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply
In THEORY the services were less strict back then, BUT most of the old label holders have been picked over several times since then and almost everything that upgrade has already been resubmitted. If something that was put away back in the mid 1980's come on the market for the first time there MAY be upgrame potential there. But since you typically won't know if the coins are "fresh" or not, the sellers will mention the old holder labels hoping to get people to bid higher hoping they have upgrade potential. So it used to be a serious concern which today is just marketing. And yes the allure of old holders works for NGC and ANACS as well because they were also less strict in their early days..
Gary Schmidt
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United States
7890 Posts
 Posted 11/19/2019  3:42 pm  Show Profile   Bookmark this reply Add CoinCollector2012 to your friends list Get a Link to this Reply
The rattler slabs are actually older than the OGH ones. You can learn more about the different slabs PCGS used over the years here...

https://www.PCGS.com/holders
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United States
1120 Posts
 Posted 11/19/2019  6:43 pm  Show Profile   Bookmark this reply Add BadDog to your friends list Get a Link to this Reply

Quote:
In THEORY the services were less strict back then, BUT most of the old label holders have been picked over several times since then and almost everything that upgrade has already been resubmitted.

Didn't you mean that grading was more strict in the early days? Isn't this why folks look for early graded coins that would grade higher with today's less strict standards?
Bedrock of the Community
United States
12800 Posts
 Posted 11/19/2019  7:17 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply
The only actual advantage (aside from if you just like that holder better) is that the old holders show a coin is stable. So that is an advantage for red copper as one instance. Many of the designations like cam/dcam though were a looser then so they may or may not be that today.
Fire A.J. Preller
Bedrock of the Community
United States
16016 Posts
 Posted 11/20/2019  11:18 am  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply

Quote:

Didn't you mean that grading was more strict in the early days? Isn't this why folks look for early graded coins that would grade higher with today's less strict standards?

Your right, had it backwards.
Gary Schmidt
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United States
9084 Posts
 Posted 11/20/2019  11:59 am  Show Profile   Bookmark this reply Add dave700x to your friends list Get a Link to this Reply

Quote:
Many of the designations like cam/dcam though were a looser then so they may or may not be that today.


As well as PL and DMPL designations.
Member SSDC, TNA
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5960 Posts
 Posted 11/20/2019  1:38 pm  Show Profile   Bookmark this reply Add muddler to your friends list Get a Link to this Reply
PCGS green holder proof 66 CAM, I feel it should have been deep CAM.



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United States
1518 Posts
 Posted 11/20/2019  1:43 pm  Show Profile   Bookmark this reply Add Bump111 to your friends list Get a Link to this Reply
The switch to market grading may have something to do with the preference for the older slabs. The grades on the older ones don't seem to deviate from technical grade as radically as on some more recent holders I've seen.
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