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GSA To NGC On Morgan CC's

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biokemist6's Avatar
United States
12437 Posts
 Posted 01/19/2010  10:34 am  Show Profile   Bookmark this reply Add biokemist6 to your friends list Get a Link to this Reply

Quote:
There are three colors of holder not two, six different grade levels

What is the third color and the other grades?


Quote:
it bothers me to see claims that they "overgraded the Redfield's" because they weren't graded to standards that didn't even exist.

Very true, I should have added the caveat of "graded by modern standards...". From the relatively small sampling of Redfields I have seen, the 65s are generally much nicer than the 60s in both technical grade and eye appeal.
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biokemist6's Avatar
United States
12437 Posts
 Posted 01/19/2010  10:39 am  Show Profile   Bookmark this reply Add biokemist6 to your friends list Get a Link to this Reply

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would a person who has one leave it "as is", because of the possible "PREMIUM" the "red-case" may offer, or have it recertified?

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.
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Bryan1315's Avatar
United States
14454 Posts
 Posted 01/19/2010  10:51 am  Show Profile   Bookmark this reply Add Bryan1315 to your friends list Get a Link to this Reply
most of the Redfield Hoard was Uncirculated because they were still in the sealed bags (something like 400 and something sealed bags were found behind the fake wall I think). I am not sure jut a pedigree on the slab with the Redfield hoard is the same as it would be with GSA coins or not but if it were me I would want to leave them in their original holder. It seems there were allot of 1878 8TF Morgans in this Redfield Hoard (because you definitely see allot of them for sale and the only way I would ever crack them out is if it were some rare VAM and even then I still may not do it. I am not sure if NGC would leave these in their original holders or not but if I was planning on getting them graded that would be the place I would contact to see first
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Conder101's Avatar
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17884 Posts
 Posted 01/19/2010  11:17 am  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply

Quote:
What is the third color and the other grades?

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.
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Bryan1315's Avatar
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14454 Posts
 Posted 01/19/2010  11:58 am  Show Profile   Bookmark this reply Add Bryan1315 to your friends list Get a Link to this Reply
after seeing this I am guessing NGC will not leave Redfield coins in their holder so I wouldn't be sending them off to be graded if they were mine
GSA-To-NGC-On-Morgan-CC's
Bedrock of the Community
Bryan1315's Avatar
United States
14454 Posts
 Posted 01/26/2010  5:36 pm  Show Profile   Bookmark this reply Add Bryan1315 to your friends list Get a Link to this Reply
I would be kicking myself if I had done this one
http://cgi.ebay.com/ws/eBayISAPI.dl...TRK:MEWAX:IT
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jfransch's Avatar
United States
1801 Posts
 Posted 01/26/2010  9:39 pm  Show Profile   Bookmark this reply Add jfransch to your friends list Get a Link to this Reply
Thank you Conder101 for all the info on the Redfields. Ihave several of the RedMS65 coins but have never seen the MS65+ green holder. Now I have something else to be looking for at coin shows. As for someone taking them out of the Redfieldholder, I would say don't, you will lose all the premium value attached to a very famous hoard of coins. I for one would enjoy it if you would post an example of each type of holder.
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RPT's Avatar
United States
924 Posts
 Posted 01/27/2010  10:24 am  Show Profile   Bookmark this reply Add RPT to your friends list Get a Link to this Reply
Very informative Conder101. I too would like to see a picture of each type of holder if possible.
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okie-colin's Avatar
United States
1083 Posts
 Posted 01/28/2010  5:23 pm  Show Profile   Bookmark this reply Add okie-colin to your friends list Get a Link to this Reply
I just picked three of my GSA CC Morgans to submit to NGC and have mailed them. I tried to find the highest grades with the least amount of bag marks. I chose the 81, the 82, and the 85. I will let you know how it works out. This is my first submission to NGC and I also included my 1909-S VDB and the 1914-D lincolns. I used my coupon for five free grades.
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