Early White Label 1 of first 2,350 PCGS graded slabs
JW77
Posts: 597 ✭✭✭✭✭
Thought this very early PCGS slab at GC would be of interest.
https://www.greatcollections.com/Coin/1750881/1927-Saint-Gaudens-Gold-Double-Eagle-PCGS-MS-64-CAC-Green-OGH-1st-Gen--White-Rattler 
Edited to add I do not own this coin.
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Comments
Already up to over $4100 with buyer's fee.
I wonder how high this could go. Is the slab worth more than the coin?
Not sure why they ruined it with a CAC sticker.
That would be really cool to have, but...my slush fund only goes so deep. I need to stay in the kiddie pool for a while.
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@JW77: imo, the slab is worth more than the coin.
“The thrill of the hunt never gets old”
PCGS Registry: Screaming Eagles
Copperindian
Retired sets: Soaring Eagles
Copperindian
Nickelodeon
Recently bought one of those:
Both the OP’s example & mine are Gen 1.1’s. They were used for about a week in mid-February 1986. The Gen 1.0 though? Only for a few days just before that!
“The thrill of the hunt never gets old”
PCGS Registry: Screaming Eagles
Copperindian
Retired sets: Soaring Eagles
Copperindian
Nickelodeon
Very cool----Cert 2305 would pair really nice with 2297!
slab premium is in $3-5K area
You mean it doesn't add value in this case? Why not?
Young Numismatist • My Toned Coins
Life is roadblocks. Don't let nothing stop you, 'cause we ain't stopping. - DJ Khaled
I'll provide my opinion to the question, even though it was directed at @Manifest_Destiny. In my mind it's kind of impairing the originality of the slab, which carries at least half the value of the slab/coin. If I was a collector of early slabs I would just peel the sticker off. I think it brings just as much money without the sticker and keeps a historical piece of PCGS history unmolested.
Agree with @JW77; I might make exception for a gold bean, not the green. JMO….
I’ll go out on a limb, but I think it hammers in the $10k area!
“The thrill of the hunt never gets old”
PCGS Registry: Screaming Eagles
Copperindian
Retired sets: Soaring Eagles
Copperindian
Nickelodeon
Holders like the NGC black or one of these early white label PCGS holders are not helped by a green bean, the value is all in the holder/coin combo.
My Collection of Old Holders
Never a slave to one plastic brand will I ever be.
It will be interesting to watch. To further comment on the "sticker question", one can still go to the CAC website to verify CAC approval, so the link to CAC can always be referenced if the coin is sold at a future date.
Don't show this thread/coin to @Lakesammman ....
I've been told I tolerate fools poorly...that may explain things if I have a problem with you. Current ebay items - Nothing at the moment
I still like the white rattlers - had a box of 20 at one time, down to about 4 that are part of my current "core" efforts.
Nice looking coin - I have no problem with the CAC sticker - especially like the gold ones. Just sold 2 this weekend, with gold stickers, through Great American Treasures.
I could see it selling for $12k
Quite possibly. > @Copperindian said:
I sold that lovely 1924 MS-63 Saint to @Copperindian as my wife threw a hissy fit as she could not lift my 10x10 safe deposit box of $20 Saints and threatened to buy more furniture if I did not start selling some of my multiple 1924 Saints.
I begged my wife to keep my three black NGC 1.0 slabs also with 1924 and 1922 Saints.
@Copperindian made a very wise purchase. Hopefully his wife would be more understanding than my wife.
Do not cry for me as I still have five white label PCGS 1.1 slabs. But I am hiding them in a different box as they are not $20 Saints but my favorite vintage slab remains the black NGC 1.0 slabs.
My opinion is that only a gold CAC sticker increases the value of the vintage PCGS slab whereas a green CAC sticker or no sticker at all are neutral effect on the value of the very old and very rare PCGS slab.
The PCGS 1.1 slab with a 1924 Saint has incredible built in value.
(1) Nearly one ounce of gold at nearly $3000.
(2) Numismatic value of the 1924 Saint which currently has no premium over increased gold bullion value but will come back in the future.
(3) Value of the incredibly rare PCGS 1.1 slab with the white paper label which now has a value of very close to $7,000.
Interestingly enough…. Imagine if there was no coin inside this slab, it would probably sell for much more than the $10,000 to $12,000 range?
I keep forgetting that the coin now being auctioned is a 1927 Saint which was not commonly graded back in the late 1980’s.
@oreville: good posts; enjoyable read! It was a pleasure doing biz & talking coins with you. I don’t know if my wife is any more understanding than yours - she thinks I’m an incorrigible buyer! Speaking of, how about selling me that beauty of a 1921 Walker of yours?! I’ll let myself out!
“The thrill of the hunt never gets old”
PCGS Registry: Screaming Eagles
Copperindian
Retired sets: Soaring Eagles
Copperindian
Nickelodeon
Holder worth way more than the coin. lol
Great spirits have always encountered violent opposition from mediocre minds.-Albert Einstein
No one “ruined” the holder, unless the sticker causes permanent damage, which is extremely unlikely. And if the person who ends up with the coin doesn’t like the appearance of the sticker, there’s an easy remedy.
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
Ruined the aesthetics. Better?