PCGS GSA Dollar holder?

Rarity · June 1, 2013 2:39AM

I just saw a small picture of PCGS GSA dollar holder and I like the idea even though it is coming kind of late.

I wonder if PCGS will give a special designation if GSA dollar sent in for encasing/grading still sealed in Gov box?

TorinoCobra71 · June 1, 2013 2:50AM

<< I just saw a small picture of PCGS GSA dollar holder and I like the idea even though it is coming kind of late.

I wonder if PCGS will give a special designation if GSA dollar sent in for encasing/grading still sealed in Gov box?

>>

LINK to pic, please?

TireKicker · June 1, 2013 2:52AM

Pictures? I am not familiar with this holder. Just recently got back on these boards...this is good news.

BustHalfBrian · June 1, 2013 3:03AM

I trust you and all, but this is no good w/out proof

DennisH · June 1, 2013 3:06AM

I've never heard of this before and I've been submitting coins to PCGS for 18 years.

mariner67 · June 1, 2013 3:07AM

I thought NGC did it but am not aware PCGS did it.
Link?

valente151 · June 1, 2013 3:17AM

link

TorinoCobra71 · June 1, 2013 3:20AM

<< link >>

Thanks! Makes for an interesting read.

ricko · June 1, 2013 3:29AM

Interesting... I have quite a few of these... might consider it. Cheers, RickO

DennisH · June 1, 2013 3:56AM

I have a couple to consider as well.

Kove · June 1, 2013 3:58AM

I'm really glad PCGS is starting this.

3keepSECRETif2rDEAD · June 1, 2013 4:50AM

Sucks for all the people who sent their GSA holders in to PCGS just to have them crack them out and slab them in a regular holder with a GSA marking on the label. I never sent any in, and I guess late is better than never. Think of how many pieces of history were destroyed just because PCGS was too cool to offer this long ago.

Erik

coinsarefun · June 1, 2013 4:50AM

This is great news.......what about Ikes

Unknown · June 1, 2013 4:53AM

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blu62vette · June 1, 2013 4:56AM

I will be dropping some off in Long Beach.

steelielee · June 1, 2013 5:12AM

So what do you figure the cost to be for this service? What does secure give you that standard doesn't?

Unknown · June 1, 2013 5:13AM

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Constantine · June 1, 2013 5:27AM

I think this is really great news. That pic is small and hard to see, but this looks like an actual plastic holder surrounding the GSA holder right? If so, that is a much improvement over the NGC version.

astrorat · June 1, 2013 5:34AM

Cool ... another holder to collect!

coinkat · June 1, 2013 5:51AM

Better late than never and Ikes should be included-

GeorgeKellogg · June 1, 2013 6:22AM

I am not a fan of certified GSA CCs. Collecting GSAs for me is "all about the packaging," else you might as well get a regular PCGS-certified CC. The GSA purists want all original government packaging, including the black box and accompanying card(s). They bring even more if they still have their original outer shipping box. For me, having a non-original grading ribbon or a large holder encasing the GSA slab is distracting.

Having said that, I won't buy a GSA CC if the coin's not nice, regardless of packaging.

lkeigwin · June 1, 2013 6:28AM

I see Secure Plus is an option with the oversized holders. Can't imagine how they're Sniffed and scanned.
Lance.

NotSure · June 1, 2013 6:56AM

I HAD a number of PCGS CC GSA's, and as was mentioned, they looked like any other coin. Just printing the letters GSA on the cert seems a joke, compared to what ATS and now our hosts, are doing. The GSA printed on the slab, I found, was almost a GSA killer. Try convincing a meatheaded ebayer it WAS in a real GSA holder, but PCGS took it out and slabbed it...can't be done. I think that may have been the only time a coin graded ATS, same grade, look, that an NGC slabbed coin was worth more. Losing the original GSA holder crippled the prices of GSA dollars, and it's about time this was done. As I stated, I HAD a good handful of them, but after awhile, went to sell one, and GSA prices are in the wind with the original packaging. Due to that, I dumped all my PCGS GSA dollars....and they ALL brought NON GSA prices.

It's about time. Now, they MAY get the handful I own now (which were going ATS for 'proper' grading), all of which were bought to replace the PCGS slabbed GSA's I owned (and
I really have a 'thing' for GSA dollars). I really think cracking, grading, slabbing GSA's with nothing more than the measly GSA letters on it to distinguish it from a non-GSA, then tossing away numismatic history hurt the collector (for re-selling), as well as the price of GSA pieces in our host's holder. Hopefully, doing it the right way now will help the prices rise. Too late for me now, but learned a very valuable lesson.....never buy a GSA holdered by our host (slabbed the old way), but that could very well change now. This is a very smart idea (?), too bad they didn't start it earlier. I understand, to a point, that a genuine GSA still had to go into a PCGS slab, but they've gone at it the wrong way, till just now.

TONEDDOLLARS · June 1, 2013 8:36AM

I am going to think really hard about this new news. If you submit a coin that has already been graded by NGC they will only put it in a standard holder if I'm reading this correctly. Not sure I. Want that big clunky looking holder encapsulating my already big clunky government holder. I want my GSA's in their original government holders only. One good note for some, I imagine CAC will sticker these as opposed to the NGC holder, as these will be in a recognized holder

Elcontador · June 1, 2013 8:54AM

I had my nicer GSA CC $s slabbed fifteen years ago and got rid of the others, because they were too ugly to keep. Price-wise, you were at a disadvantage keeping nicer ones in the original packaging.

Kove · June 1, 2013 8:54AM

I guess the only problem with the idea is that the coins will no longer fit in the cardboard GSA box, since they're in the 5oz holders. I'm glad that PCGS is doing this, but with NGC's method the coins could still be stored in their original box.

TONEDDOLLARS · June 1, 2013 9:08AM

<< I guess the only problem with the idea is that the coins will no longer fit in the cardboard GSA box, since they're in the 5oz holders. I'm glad that PCGS is doing this, but with NGC's method the coins could still be stored in their original box. >>

Thus, NGC's idea for grading works better for originality. I like mine graded, but also like to keep them in the original boxes. Like I said, going to have to think about this for awhile. Maybe the old list of pro's and con's, see which column is bigger.

TONEDDOLLARS · June 1, 2013 9:11AM

<< I had my nicer GSA CC $s slabbed fifteen years ago and got rid of the others, because they were too ugly to keep. Price-wise, you were at a disadvantage keeping nicer ones in the original packaging. >>

Price wise today you are at an advantage if you kept them in the original holders.

morgansforever · June 1, 2013 9:45AM

<<*If you do not wish to have your GSA Hoard coins in our special five-ounce oversized holder, please notate "PCGS Standard GSA Hoard label" on your submission form. You will not be charged an additional $10 per coin for the oversized holder. If you select this option, the coin will be encapsulated in the standard size holder.>>

Just want to be sure I have this correct. There is an over-sized holder and a standard holder, got that. So there is no NGC/ANACS style option, of a sticker applied to the GSA plastic? JMO, but encapsulating an already encapsulated dollar seems redundant.

oreville · June 1, 2013 10:50AM

Very interesting.

Long overdue. Have been begging PCGS to do this for a long time.

Now this creates the potential for a double graded and CAC stickered slab?

I like it. Especially when PCGS and NGC hagree on the grade.

ColonelJessup · June 2, 2013 1:43AM

<< I am going to think really hard about this new news. If you submit a coin that has already been graded by NGC they will only put it in a standard holder if I'm reading this correctly. Not sure I. Want that big clunky looking holder encapsulating my already big clunky government holder. I want my GSA's in their original government holders only. One good note for some, I imagine CAC will sticker these as opposed to the NGC holder, as these will be in a recognized holder >>

Our hosts are waaaay behind the curve on this one. At one point CAC beaned NGC-graded gov't packaged GSAs, then stopped. I doubt very much they will revive this part of their service. Satisfy yourself and call or email to find out if their position will change.

MacCrimmon · June 2, 2013 2:00AM

Just had a thought.......I wonder where PCGS has these new GSA plastic holders manufactured (or even there normal shells)?

The vast majority of plastics (even if designed in the U.S.) are not only being tooled, but molded in China these days, and I would not be at all surprised if old Mr. Yu isn't taking the original PCGS molds and pounding out a few hundred thousand extras to sell to his cousin that die strikes "CC counterfeits".

Wabbit2313 · June 2, 2013 2:00AM

It would be funny to see a GSA with the NGC grading sticker on it, inside of a PCGS holder with a different grade. You will NEVER see them put a NGC 64 in a 65 holder with the sticker still on there!!

Tiny · June 2, 2013 2:03AM

NEXT REDFIELD HOLDER SLABS I can only wish

DonWillis · June 2, 2013 3:50AM

I see Secure Plus is an option with the oversized holders. Can't imagine how they're Sniffed and scanned.

Secure is not an option. This announcement is mistaken.

It would be funny to see a GSA with the NGC grading sticker on it, inside of a PCGS holder with a different grade.

That will not happen. The point is we do not want to spend the time to remove someone else's stickers and glue. That has to be removed before the coins are submitted.

Our hosts are waaaay behind the curve on this one

Agreed. But better late than never.

ColonelJessup · June 2, 2013 4:02AM

DW, what will take off NGC certification bands? Think I tried damn near every solvent I can think of, and either can't get the band off or scarred the plastic. BTW, I don't expect an answer to this before 9:30AM PDT tomorrow

BustHalfBrian · June 2, 2013 4:08AM

I hear those NGC GSA stickers are a pain in the

to remove

coinkat · June 2, 2013 4:17AM

Not to press the issue, but what not include proof Ikes as well?

- I believe it is the same size Government holder

oreville · June 2, 2013 4:45AM

Don, I like your attitude.

You are working hard meaning on a Sunday!!! LOL.

Better late than never. Nothing wrong with that indeed.

Makes sense about removing the NGC label before submitting.

Duh, never thought about that.

So you now get to take Monday off?

DonWillis · June 2, 2013 9:47AM

Before we did this I spoke with a dealer who has an intensive inventory of GSA dollars.

He regularly removes other labels and cleans the glue off before resubmitting.

felinfoel · June 2, 2013 10:06AM

I agree on the Proof Ikes! Unlike the GSA CC Morgans, I can play the proof Ike game without breaking the bank.

Mitchell · June 2, 2013 2:04PM

I'm really on the fence about this. I'm sorry to have to repeat what has been said already: it feels 20 years too late.
The GSA hard case inside another hard case seems like a creative solution to competing with NGC's solution but my first reaction is "Really? In 1989, we were busting out the GSA hard packs as fast as we could to shove coins into the PCGS holders to save space. We've flipped that around completely!"

Here's why I wouldn't do this to my NGC GSA registry set:
1. I can put my GSA hard packs back into their original box, with or without the NGC grading bands. This alone might be a deal breaker for me.
2. Do I need a case to protect my GSA hard pack case?
3. Will PCGS create a separate registry category for GSA CC dollars that is separate from the "traditional" PCGS-GSA labeled coins?
4. Do I want to put myself through the serious hassle of removing NGC labels off my NGC graded GSA cases?
5. Great <sarcasm>, shovel more money at the TPGs instead of using that money to buy coins.
6. The NGC

Why this isn't bad:
1. The case protects GSA hard packs from damage.
2. PCGS grading standards can be advantageous in the market place.

Right now, I'm not going to do anything. The hassle of removing the NGC label is enough to deter me for now (I've tried, it ain't easy).

Right now, I don't know what I'm going to do.

Wabbit2313 · June 2, 2013 3:07PM

The band with the grade is a piece of cake. Peel it off slowly and use goo-gone to remove the "void" residue left behind. Take special care and time when you get to the big NGC sticker on the back, you want that whole thing to come off with the band.

Now, getting that silver sticker of from the top of the case, forget about it! Be prepared to break a nail or two scraping it. You can also use some kind of plastic tool to scrap, but it might leave a couple of scratches.

If anyone has an easier way to get the little silver sticker off, I am all ears! Same problem on the Redfields.

Elcontador · June 2, 2013 4:22PM

<< 

<< I had my nicer GSA CC $s slabbed fifteen years ago and got rid of the others, because they were too ugly to keep. Price-wise, you were at a disadvantage keeping nicer ones in the original packaging. >>

Price wise today you are at an advantage if you kept them in the original holders. >>

I don't collect the series, so I'm not familiar with current pricing. But from what I know about the GSA CC $s, most of them were ugly. Anecdotally, eight of the twelve I got from the mint in their 1980 sale were the eight ugliest Unc. Morgans I've ever seen, and I've looked at hundreds of them over the years. Grades better than MS 63 were an exception.
It would not surprise me if what would grade MS 63 or lower in the original holder would get a nice premium over said coin in a PC 3 holder.

But I find it hard to believe the one I cracked out of the GSA packaging and is now in a PC 6 holder would be worth more in its original box.

TONEDDOLLARS · June 3, 2013 3:06AM

<< 

<< 

<< I had my nicer GSA CC $s slabbed fifteen years ago and got rid of the others, because they were too ugly to keep. Price-wise, you were at a disadvantage keeping nicer ones in the original packaging. >>

Price wise today you are at an advantage if you kept them in the original holders. >>

I don't collect the series, so I'm not familiar with current pricing. But from what I know about the GSA CC $s, most of them were ugly. Anecdotally, eight of the twelve I got from the mint in their 1980 sale were the eight ugliest Unc. Morgans I've ever seen, and I've looked at hundreds of them over the years. Grades better than MS 63 were an exception.
It would not surprise me if what would grade MS 63 or lower in the original holder would get a nice premium over said coin in a PC 3 holder.

But I find it hard to believe the one I cracked out of the GSA packaging and is now in a PC 6 holder would be worth more in its original box. >>

Well you CAN believe it. Just check out recent auction prices for high grade GSA's, they are bringing more and in some cases much more than the same coins in PCGS or NGC holders. I have been a buyer of high grade GSA's for some time and this is true, for toners , mirrored and high grade white coins. I have several examples in my tag lines "Magic Mirrors" and Rainbow Stars"

TONEDDOLLARS · June 4, 2013 9:16AM

In case this was missed

Elcontador · June 4, 2013 9:39AM

<< 

<< 

<< 

<< I had my nicer GSA CC $s slabbed fifteen years ago and got rid of the others, because they were too ugly to keep. Price-wise, you were at a disadvantage keeping nicer ones in the original packaging. >>

Price wise today you are at an advantage if you kept them in the original holders. >>

I don't collect the series, so I'm not familiar with current pricing. But from what I know about the GSA CC $s, most of them were ugly. Anecdotally, eight of the twelve I got from the mint in their 1980 sale were the eight ugliest Unc. Morgans I've ever seen, and I've looked at hundreds of them over the years. Grades better than MS 63 were an exception.
It would not surprise me if what would grade MS 63 or lower in the original holder would get a nice premium over said coin in a PC 3 holder.

But I find it hard to believe the one I cracked out of the GSA packaging and is now in a PC 6 holder would be worth more in its original box. >>

Well you CAN believe it. Just check out recent auction prices for high grade GSA's, they are bringing more and in some cases much more than the same coins in PCGS or NGC holders. I have been a buyer of high grade GSA's for some time and this is true, for toners , mirrored and high grade white coins. I have several examples in my tag lines "Magic Mirrors" and Rainbow Stars" >>

Looked @ Heritage. The only GSA $s I saw were NGC graded. I can see a GSA holdered coin of the same grade bringing a premium to a PCGS or NGC non GSA holdered coin.
But I didn't feel like waiting 15 years plus for this to happen.

TONEDDOLLARS · June 4, 2013 10:13AM

<< 

<< 

<< 

<< 

<< I had my nicer GSA CC $s slabbed fifteen years ago and got rid of the others, because they were too ugly to keep. Price-wise, you were at a disadvantage keeping nicer ones in the original packaging. >>

Price wise today you are at an advantage if you kept them in the original holders. >>

I don't collect the series, so I'm not familiar with current pricing. But from what I know about the GSA CC $s, most of them were ugly. Anecdotally, eight of the twelve I got from the mint in their 1980 sale were the eight ugliest Unc. Morgans I've ever seen, and I've looked at hundreds of them over the years. Grades better than MS 63 were an exception.
It would not surprise me if what would grade MS 63 or lower in the original holder would get a nice premium over said coin in a PC 3 holder.

But I find it hard to believe the one I cracked out of the GSA packaging and is now in a PC 6 holder would be worth more in its original box. >>

Well you CAN believe it. Just check out recent auction prices for high grade GSA's, they are bringing more and in some cases much more than the same coins in PCGS or NGC holders. I have been a buyer of high grade GSA's for some time and this is true, for toners , mirrored and high
grade white coins. I have several examples in my tag lines "Magic Mirrors" and Rainbow Stars" >>

Looked @ Heritage. The only GSA $s I saw were NGC graded. I can see a GSA holdered coin of the same grade bringing a premium to a PCGS or NGC non GSA holdered coin.
But I didn't feel like waiting 15 years plus for this to happen. >>

I must not have understood your post. I was just pointing out that graded GSA's( NGC) bring a premium over same date, same graded coins that were non GSA . I know that you or I can not see into the future, but I'm betting that the gap between GSA's in Gov. Holders will only increase in value more than those coins that were broken out of their original holders. So a comparable coin in a GSA holder to your sis that you broke out is worth more today, and I'm betting will only increase faster than your original coin you broke out. Just my opinion.

jmj3esq · June 4, 2013 12:20PM

It's about time.

Elcontador · June 5, 2013 8:41AM

<< 
I must not have understood your post. I was just pointing out that graded GSA's( NGC) bring a premium over same date, same graded coins that were non GSA . I know that you or I can not see into the future, but I'm betting that the gap between GSA's in Gov. Holders will only increase in value more than those coins that were broken out of their original holders. So a comparable coin in a GSA holder to your sis that you broke out is worth more today, and I'm betting will only increase faster than your original coin you broke out. Just my opinion. >>

I wish PCGS got on board on this years ago, because I agree with the aforementioned paragraph, due to the GSA pedigree of sorts. As I don't collect these coins, I wanted to keep the best and move the rest.

coinkat · June 5, 2013 8:48AM

maybe someone can explain why a so-called cigar label can not be used by PCGS for these

PCGS GSA Dollar holder?

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