Old green label PCGS holder. Regrade them?

bigbadchad777

I have several older PCGS holders with the green label. Has anyone tried to have their green labels regraded and if so, how did you come out? Thanks, BBC...

CarlWohlforth

I sent in a few. Mostly to try for the cameo designation on early proof coins. PCGS did not used to label those cameos, but now they will. Also twice for proper variety designation. I also got 1 of 6 I sent in hoping for an upgrade. It hardly seems worth it.

BillJones

It's been my observation that some coins in green label holders are conservatively graded. For example a couple of weeks ago a local dealer had a recently graded 1889 gold dollar in an PCGS MS-66 holder. I have an 1888 in my colleciton in a green label PCGS MS-64 holder, and I think my coin is actually a little better.

This tendency is more pronounced for early coins (1793 - 1807). I have a few pieces in my collection in green label holders that I will have to crack and send out when I decide to sell them. Some early coins that have been recently graded have been given generous grading numbers IMO.

Please do not take this is NOT an absolute rule. Some green label coins are no better or even worse than blue label pieces. It's just a trend that I have seen that most be evaluated on a case by case basis.

prooflike

From what I have seen, the green label series seems to be the most consistent/accurate of the coored labels. JMO.

coynclecter

What do you mean by older? The first thin ones? I sent in about 6 commems from the old holders and the downgraded most of them. I sent them to NGC and got back the same grades as the old PCGS holders. Maybe they're new graders or they are trying to beef up thier image, I don't know, but I wouldn't send anything to PCGS right now.

Coyn

Elcontador

Condor did an extensive post re the various types of PCGS holders & he is the resident expert on this.

The first generation holders are non-stackable. They have dot matrix print on them. From what I've seen, most of the stuff that you still see in first generation holders will not upgrade; if it was upgradable, it has long since been done.

I think you are speaking of the next generation of holders, which I believe have green inserts and have inkjet print on them. They are stackable. Again, from what I've seen, I find these coins on the whole to be fairly graded; I haven't seen many what I would call "problem coins" in these holders.

Ogden

I sent in a 1894 $10.00 Liberty in a PCGS MS-62 holder, thinking as you are, of maybe the chance to move up to MS-63. This also had the green label. Well it was returned as MS-61. I guess it depends on who is grading and what kind of day they are having. I don't know which grade is correct.

Ogden

BillJones

A lot of coins that get graded MS-62 are super AUs that have few marks, which look like MS-63. Without seeing the coin, I can't say that you were ripped off, but if it did not have any significant marks that detracted from its eye appeal, you probably were ripped off.

"C" and "D" gold coins are another matter. I have seen VERY FEW gold coins from the Charlotte and Dahlonega mints in Mint State holders that were Mint State. Most of them are AU at best, and some aren't even that good. C and D gold coins are one area where the grading is really fast and lose.

We knew before the grading services came along that these coins were RARE in Mint State. I don't know why the grading services are trying to contradict that fact.

Dog97

There's 4 or 5 types of old green label holders. The first one from the 80s were conservativly graded as far as Morgans & Walkers which were the hot investments at the time. I also did good on Mercs but I can't say if the were generally undergraded or I just cracked PQ examples. In any other series I could never get upgrades.
The last of the old green holders from the late 90's were overgraded for the most part. Or you could say they were graded right and PCGS is tight now.

au58

Except for the one comment above regarding "stackability" every comment in this thread thus far can be summarized as follows - the number on the holder is not relevant but is subject to change.