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<p>[QUOTE=&quot;GDJMSP, post: 2097245, member: 112&quot;]The old green holders were used from sometime in 1988 (can&#039;t remember exactly when off the top of my head) until early 1998. The peak, the high point, of the &quot;bubble&quot; you refer to occurred about July of 1989. But it started before that, and really took off in 1986 after PCGS opened for business.</p><p><br /></p><p>PCGS opened its doors for business in Feb. 1986. The first time they loosened their grading standards is reported to have been sometime after their first year of business. 1988 (the advent of the old green holder) seems to come pretty close to meeting that description.</p><p><br /></p><p>But it was Wall Street getting involved in coins, not PCGS and not their loosening of grading standards in 1988, that caused what you call the bubble.</p><p><br /></p><p>Did PCGS play a part in the coin market going up ? Yes, they absolutely did. Had it not been for PCGS, and NGC opening in 1987, then Wall St. would never have gotten involved in coins at all. But once Wall St. did get involved, in less than a year the coin market more than doubled what it had ever been before.[/QUOTE]</p><p><br /></p>

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