I Don't know if there is any truth in this or just a mith but some say the old green label PCGS coins might be under graded Do you think this coin is MS63 ?
Some of them are some of them aren't have to look at the coins individually. That one looks nice for a 63 but it's also angled and could be hiding a lot in the image. It's also not worth doing anything with as it's such a common date. Just leave it right where it is and enjoy a nice coin in my opinion.
That's not a rattler (the customary OGH)... The other answer is maybe and no. Coins that have been in the market all this time have been picked over again and again and again and may even have been resubmitted. Coins that were out of the market all this time might be. Except PCGS reportedly tightened standards a year or two back.
Yes I think it does have pvc damage,I did think about cracking it open to clean it ,but it's also cool to have the old label so not sure yet
Some are undergraded. Some are overgraded. Most are properly graded. REGARDLESS OF THE AGE OF THE HOLDER!
This. The old holders themselves can be quite collectable but it's a big myth that things in old holders are locks to upgrade etc.
It's not so much they were under graded IMO, it 's more that commercialism became more of a factor than truth in grading. So a previous AU55 could become a slider and make it BU or MS, 62.....etc. I would say that regrading a rattler the chances of an upgrade is significantly higher than slabs that are only 1 or 2 generations of holders back. IMO, Jim
I agree 100 % with Jim as the standards have changed over the years . I always take a peek at ratters and gen 1 slabs why? Because one may find a coin that will up grade... by todays standards. However 80 and 81 s Morgans are some of the best struck of all Morgans! That said they are judged by a curve due to the fact they are hammered.
PCGS old green label holder coins are generally graded conservatively, but you can’t take that to the bank because it’s not true in all cases. Each coin has be reviewed on its merrits. As for rattle holdersI don’t like them because many of them do rattle. I once cracked a $10 gold piece out of one because the rattling drove me nuts. I landed on my feet because the coin eventually went into an NGC MS-65 holder. It was an MS-64 in the rattler. I had a $5 Indian that I cracked out of an AU-58 rattle holder. That coin ended up in a PCGS MS-63 holder. Of course the debate is, is it better to have the under graded coin in the rattler or have in the holder where it belongs? As for you 1881-S dollar, I would leave it where it is. I think that it might have PCV damage, but there is no up side to cracking it out. It won’t upgrade and even if it did the increase in value would not be worth the grading fees and shipping.
I always buy and sell the coin not the slab.....as how many times have you found an older slab under graded....? But I don't waste my money breaking them out ,I let someone else do that as I don't like destroying the old slab....your eye not the printed matter on the slab should be your ticket to the coins actual grade...by today's standards or yesterday's. I have sold so many old slab that would up grade by a point or two...and some that the variety wasn't listed on the slab but by my eye knew it was the variety.
I am not thrilled about breaking up old slabs for the most part, but I also don't like leaving money the table when its there to be earned.
Neither do I, but......if the person you are selling the coin to cannot see that a 65 coin is in a 62 holder that's their problem. I have sold a many a slab under or mis graded by one simple fact " YOU'RE BUYING THE COIN NOT THE HOLDER"! And if the customer can not tell the difference then it's best to find another buyer as they aren't going to be happy in the first place. This is the problem today in this hobby....more emphasis is placed on slabs and stickers then is placed on knowlege of the hobby . You sure in hell wouldn't climb into a cockpit of a plane and try and fly it without some knowlege of how to fly an aircraft.... correct? So why would you lay any amount of money down to buy a coin if you were clueless as to the grade, condition, rarity, or variety? 99% of the newbies whom come into this forum only come here for two reasons.1 they are to lazy to research what they have ...All they want is an easy answer to their question....which is question #2 how much is it worth! So all in all they don't care about learning, or wish to be educated on the hobby all they are interested in is the bottom line! Grand pa died how much can I get for his life long treasures.....
