Home U.S. Coin Forum

PCGS Green Holders and Grading Standards

How do the older PCGS slabs (green) compare to the newer ones today as far as grading goes? Were they more or less conservative? Is it worth sending in the older slabs to be re-graded? I'm interested in this as I have a PCGS MS-64PL Morgan that has excellent frosting on both sides. I can see myself very clearly from 8-10 inches away, so I'm wondering if a regrade might wind up with MS64 DMPL Cameo?

Thanks in advance for all opinions.

Bob
Retired Air Force 1965-2000
Vietnam Vet 1968-1969

Comments

  • Bob:

    It's kinda hard to say without seeing the coin in person. You should look at the pop reports and price lists to see if the coin is even worth risking a regrade. Just because a coin is in a green label slab, doesn't necessarily mean that it's conservatively graded. If there's a big price swing between MS64PL and MS64DMPL or MS65DMPL then take it to a dealer that can give you an fair assessment as to the coin's grade.

    Frank

    PS - Frosting is nice, but it won't play into the final grade - you have to look at overall coin and condition - also Morgans don't get cameo designation in PL designations.
  • RussRuss Posts: 48,514 ✭✭✭


    << <i>Were they more or less conservative? >>



    Yes.image

    Russ, NCNE
  • dpooledpoole Posts: 5,940 ✭✭✭✭✭
    Green slabs had a reputation for holding coins that were more conservatoively graded. I suspect that by now most of the coins that were in fact conservatively graded have been resubmitted, and are in blue holders now. JMHO
  • RussRuss Posts: 48,514 ✭✭✭
    dpoole,

    I'd suspect that you're correct since I have quite a few green slabbed proof Kennedys, and none of them are conservatively graded. Some are down right over-graded by current PCGS standards.

    Russ, NCNE
  • keetskeets Posts: 25,351 ✭✭✭✭✭
    well stated answers in the previous replias. i'd suspect that some of the previous "generation's" of slabbed coins may still upgrade but have mostly been checked already. the next big regrade submissions will most likely wait until PCGS loosens their ties, belts and stiff standards and probably be headedby the blue-insert slab's with the barcoad. as always i could be wrong.

    al h.image

Leave a Comment

BoldItalicStrikethroughOrdered listUnordered list
Emoji
Image
Align leftAlign centerAlign rightToggle HTML viewToggle full pageToggle lights
Drop image/file