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Replies: 7 / Views: 1,314 |
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Valued Member
United States
143 Posts |
I remember reading about people collecting old slabs. Also, there was a "date guide" to PCGS slabs. Anybody know where it is?
On a similar vein, where things "better" back then or worse? In other words, should I re-slab an old green label 63 or leave it alone?
Also, I have one coin (can't remember what) that is in a rattler green label. It must have been before PCGS had slabs to fit these. Just doesn't seem good for the coin.
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Rest in Peace
United States
2684 Posts |
It's mostly an urban legend that PCGS graded more strictly way back when. While it might have been true for certain series (some moderns? Maybe a few Morgans.) at some point for a short period of time, it's mostly myth that coins slabbed in the old green holders will bring a higher grade if resubmitted. T'aint so and won't happen. If resubmitted to PCGS, they'll be lucky to keep their green label grade. BTW, if ebay receives a coin in an old holder with a green label for regrading, they won't let it out of their shop unless it's in a new holder (may be some qualification to this but this is what they told me on the phone a couple years ago). Nevertheless, ebay sellers with coins in the old PCGS green label slabs still use the green label as a selling point stating that the old slabs were undergraded. I have no information on the dates of changes in PCGS slabs although I read about it somewhere (PCGS site?). PCGS will be happy to reslab the rattler coin in a new slab... for 30 bucks or more... 
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Valued Member
 United States
143 Posts |
That is what I meant, downgrade not upgrade. I'll leave it alone.
Not that they'll get their hands on this but how can they hold me ransom for re-slab if something doesn't make crossover?
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New Member
United States
7 Posts |
I would normally agree with the statement about the old green holders and it being an urban myth but something to consider is a personal story of mine... Right after PCGS and NGC got into a war years ago on which company was going to be selected as the prefered ANA grading agency, and NGC was selected, I sent some coins into PCGS immediately after they lost the war. They were really not happy at losing, even going to the point of taking out full page whining ads in the Numismatist. I got my coins back from PCGS, some of the first coins submitted after the they allowed non-dealer submissions. My poor coins were raped. I can't help but think it was because they thought some poor ignoramus collector dared to think he knew anything about grading. I have since had all these coins reslabbed by major TPCs at significantly higher grades. So although I don't think it's generally true that old green labels mean they should grade higher, they maybe can if that label was issued in a certain time frame (my considered opinion). On another note, I've seen old green labels stating Red or Red/Brown and they faded a bit since slabbing.
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Valued Member
 United States
143 Posts |
Actually, I have two Morgans that have some kind of black, corrosion looking stuff that I cannot figure how they got graded. Go figure
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Pillar of the Community
United States
1247 Posts |
It wasn't hard at all for PCGS to look conservative in the beginning. The valley was covered with "low-hanging" fruit--NCI certificate coins. Didn't exactly take a "superman" to knock that stuff off the trees. But it made anyone who finally did it look like superman.
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Valued Member
United States
459 Posts |
Seth, you should check out sampleslabs.com if you are interested in the history/progression/evolution of slabs and slab co.'s http://www.sampleslabs.com/
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Bedrock of the Community
United States
17884 Posts |
Seth, here is the information you were looking for on what the various varieties are for PCGS and when they were used. PCGS slab varietiesAnd you didn't ask for it, but here is the same info for NGC NGC slab varieties
Edited by Conder101 03/07/2007 4:41 pm
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Replies: 7 / Views: 1,314 |
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