A neat PCGS precursor I found over the weekend.
keets
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This was an item the local dealer ended up with and I bought it for the novelty value!!! Using strict and exacting guidelines as established by Slab Verifier Extraordinaire condor101 it probably isn't really a TPG because coins weren't really accepted for grading, just graded/sealed/sold to a customer for anti-tampering reasons. At least that's my assumption, perhaps HRH will enter the thread and take a trip down memory lane with us to explain this neat little item.
It's a 2-1/2" X 2-1/2" pliable flip(hopefully non-PVC, right David) that's been heat-sealed with an embossed DAVID HALL in the sealed area. The coin is in a Cointain holder in one side while a blue cardbaord tag, much like the early PCGS insert, resides in the other half. All-In-All it's a nice coin. I showed it to members PTVetter and VAM44 at the show where I bought it and they both seemed to agree it's properly graded---nice call HRH---and both also couldn't resist flipping the coin to glass the MM for the D/S variety, which it isn't.
Comments appreciated and I'm wondering who else may have seen these or possibly still owns one.
Al H.
It's a 2-1/2" X 2-1/2" pliable flip(hopefully non-PVC, right David) that's been heat-sealed with an embossed DAVID HALL in the sealed area. The coin is in a Cointain holder in one side while a blue cardbaord tag, much like the early PCGS insert, resides in the other half. All-In-All it's a nice coin. I showed it to members PTVetter and VAM44 at the show where I bought it and they both seemed to agree it's properly graded---nice call HRH---and both also couldn't resist flipping the coin to glass the MM for the D/S variety, which it isn't.
Comments appreciated and I'm wondering who else may have seen these or possibly still owns one.
Al H.
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Comments
Very cool. I sold one on Ebay similarly packaged from a local dealer, unfortunately it was 1-2 grades aggressive.
Funny stuff they did back pre-tpg.
Check out my current listings: https://ebay.com/sch/khunt/m.html?_ipg=200&_sop=12&_rdc=1
It is fairly clear from these where PCGS got their layout ideas from. David has said that there is more than one variety of these flips but I have never tried to locate any more than the two I already have. I would not imaine there are a whole lot of these around.
Russ, NCNE
<< <i>My neck hurts. >>
<< <i>What you are showing is actually the seed of the PCGS idea. I sealed coins in holders in 1983 to 1985 and made a market in the sealed coins. I published bid and ask prices for the coins and guaranteed that anything in a sealed holder was automatically A-OK at whatever my bid price was, i.e. there was never a question of grade. This was actually more revolutionary than the PCGS idea. When I first started doing this, one major dealer (who's still quite active) called me up and warned me that I couldn't possibly do this and I'd end up going bankrupt!
PCGS was just an extension of this idea. Instead of just me grading the coins and buying them, I got a whole company of experts to grade them and eventually most of the rare coin business to buy and sell them sight-unseen. >>
http://forums.collectors.com/messageview.cfm?catid=38&threadid=246925
Russ, NCNE
Man,got to get me one of those some day.
<Russ,
What you are showing is actually the seed of the PCGS idea. I sealed coins in holders in 1983 to 1985 and made a market in the sealed coins. I published bid and ask prices for the coins and guaranteed that anything in a sealed holder was automatically A-OK at whatever my bid price was, i.e. there was never a question of grade. This was actually more revolutionary than the PCGS idea. When I first started doing this, one major dealer (who's still quite active) called me up and warned me that I couldn't possibly do this and I'd end up going bankrupt!
PCGS was just an extension of this idea. Instead of just me grading the coins and buying them, I got a whole company of experts to grade them and eventually most of the rare coin business to buy and sell them sight-unseen.
Thanks for the memories.
David >
Very cool! I've seen them before but don't own one.