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<p>[QUOTE=&quot;ddddd, post: 2691444, member: 22377&quot;]Some more info from David Hall himself (circa 2003 via the PCGS forum):</p><p><br /></p><p>&quot;What you have is the beginning of the PCGS idea. In 1982, DHNIG started making a market in a wide range of coins and guaranteeing to buy back any coin we sold at a price comensurate with the grade. We guarantee to always have a buy price for every coin we sold. It was quite a revolutionary idea for the time (one major dealer who is still active told me at the time that this was impossible and we would go bankrupt...what happened was that he went bankrupt!) We sealed the coins to be sure they wouldn&#039;t be switched. This idea was expanded to include sonically sealed holders and coins from other dealers inventory not just DHNIG, i.e. this idea was expanded into PCGS. There are several looks to these sealed holders. The first ones were circa 1982, the last ones were probably from 1987. You have one of the later models. We did well over $50,000,000 worth of coins this way. I believe the majority of them were turned into PCGS for grading by the DHNIG customers shortly after PCGS was launched. Most of the coins we sold as MS65 will grade MS65 or 66 at PCGS today. A few grade lower, a few grade higher.&quot;</p><p><br /></p><p><a href="https://forums.collectors.com/discussion/196196/conder101-david-hall-slab" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://forums.collectors.com/discussion/196196/conder101-david-hall-slab" rel="nofollow">https://forums.collectors.com/discussion/196196/conder101-david-hall-slab</a>[/QUOTE]</p><p><br /></p>

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