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Wht do the PGCS green label slabs seem to be graded tighter than the blue label slabs?

fivecentsfivecents Posts: 11,207 ✭✭✭✭✭
Hi David,
I have cracked out more than my fair share of slabbed coins for resubmitting. Some of my best homeruns have come from cracking the green label PCGS slabs. The green label slabs seem to be graded a little tighter than the blue label slabs. I know the coin market grading standards were VERY tight back in 1986 when PCGS began. The whole coin market grading standards have loosened up since that time( which I totally agree with). It would be foolish for PCGS to stay with the old grading standards when everybody else in the coin business and hobby grades on a different scale. Does the label color change have anything to do with the changing of grading standards?

Comments

  • homerunhallhomerunhall Posts: 2,496 ✭✭✭
    Hi Paul,

    I believe that some series we're graded very tightly in the first few years of PCGS. I believe the reason for this is that before PCGS we didn't use grades above MS65 very often...it was the highest grade quoted in the CDN for example. Some coins, such as gold commemoratives and Matte proof gold, had to be virtually perfect to be MS65. The application of grading standards weren't very consistent. A MS 65 gold commem was a lot nicer coin than a MS65 Morgan. All of that seems to have sorted out and things make more sense and PCGS graders now use the entire grading scale. As for old holders, I see some coins that look like were graded conservative and I see other coins that seem to be right on or even too losse. Of course I have my personal preferences too, and they don't always match the views of the PCGS graders.
    When all is said and done, it seems that most coins in PCGS holders are in the holders they should be in.

    David
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