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PCGS holders question

I see many referring to a coin being in an "old" PCGS holder. What exactly does that mean? What is the significance?

I assume it means it was conservatively graded but isn't PCGS getting tougher not easier?

Comments

  • PlacidPlacid Posts: 11,299 ✭✭✭
    It means the coin was never cracked out and upgraded because it never had a shot image

    Buy the coin not the holder.

    A rhyme in time saves nine.

    It's a sales ploy to get you to pay more, other than that it means nothing unless you want a old style slab for a slab collection.
  • mrpaseomrpaseo Posts: 4,753 ✭✭✭
    What they mean by "OLD" holder is....PCGS periodicaly updates or revises their slabs a little different each time (Currently there is about 12 veriations I think). Making suble differences. This helps us in a few ways as collectors. 1) we know about when the coin was graded, and 2) usually the grading standards for each slab veriation is different.

    PCGS replaces their graders periodicaly as well, every 6 months I heard. This way, the graders do not get so laxed and they new crew comming in is usually tight on their grades.

    Hope this helped,
    Ray
  • It used to be that when someone was talking about an "old holder" PCGS slab they were talking about the first generation holders (1986 - Sept 1989). Now with a combination of lots of new collectors and short memories/no experince, they are often talking about the fourth (1990 - 95) and fifth (1995 - Nov 1998) generation holders simply because they are older than what they are seeing now.

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