I have a 1909s Lincoln graded MS65RD in an "old green holder". It is a "S/Horizontal S" that is not designated on the label. Should this be sent back in for a regrade/appropriate label (possible upgrade), or should it be kept in the OGH. I think OGH's are becoming rarer and rarer as people are buying them and sending them back in for new slabs. What are the odds it grades higher than what is currently on the label? It is in a deposit box currently, so I cant take better pics. Here is the pic I've got right now. Thanks, RR
I'd keep it in the OGH, especially since it's a RD and looks to maintain its RD status. Green holders are seen as being "stable" color-wise. If you ever sell it, just point out the s/s. I think PCGS can change the cert# as is listed in the Set Registry to reflect that it's actually an S/S if it's verified as such. I don't see why not, at least.
I do not know how long you have owned this, but if it is more than a couple years, it is still guaranteed. If you now regrade it, you will lose that guarantee.
I have not owned it very long. I am trying to complete my MS 1909 1C set, and was curious as to the odds of getting a possible upgrade. This coin is RED! I cannot see how it would lose the "red" designation. My thoughts are: 1. This is an old slab...possible grade increase 2. S/Horizotal S...may hav more collectible value Im pretty sure I am going to keep it in the current holder. Since I travel a lot for my job, I have the opportunity to go into numerous coin shops around the southeast. I will get opinions from the dealers I trust and make a decision from there. BTW, I really like the OGH's, so I'm inclined to keep it where it is.
I do not think pcgs guarantees red anymore. IOW if you keep it in its holder chances are it will stay red, if it goes into a new holder you risk some grader at pcgs putting fingerprints all over it, plus from what others have said (no personal experience) the old holders keep the color more stable
You are correct. They do not guarantee new slabs or slabs that have been sold. I believe this started about January 2010. However, all owners of coins slabbed prior to that still maintain their original guarantee until they are sold or reslabbed.
That is not entirely true. As long as you owned the coin before the date PCGS modified their copper color guarantee, the guarantee is still applicable to you. Regrading and/or variety attribution doesn't nullify the guarantee. You can still send your copper coins in for regrade and/or variety attribution and have the old guarantee apply since you're not transferring ownership. I have had several of my copper coins regraded (even coins that were in old green holders) and was reassured by PCGS that the guarantee would remain in place until I either sold the coins or cracked them out. So I have several red coppers in new Secure Plus holders where the PCGS copper color guarantee is still good for me. Of course, if you crack out the coins and submit them for grading (instead of doing a regrade submission while in the current holders), then you of course will lose the copper color guarantee. As far as the 1909-S/S FS-1502 S/Horizontal S goes, it's a somewhat popular variety but it's also a very common variety. In just about every major auction I see at least one FS-1502 that hasn't been attributed on the label. Since the variety is pretty common, it doesn't sell for much of a premium. I don't think it's worth paying for attribution unless you need it for one of your own variety registry sets. Of course, if you think the coin is an upgrade candidate, then it may be worth regrading, but the jump from 65RD to 66RD is actually a pretty big difference. If you ever find the 1909-S/S FS-1501, that repunched mintmark is much more scarce and definitely worth paying the money to get it attributed in pretty much any grade.
