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<p>[QUOTE=&quot;Burton Strauss III, post: 2519040, member: 59677&quot;]The ANACS/ANA slabs (gold hologram on the reverse, XXnnnn format s/n) are the oldest. These were graded strictly to ANA standards which have, for many coins, loosened over the years.</p><p><br /></p><p>The ANACS/Amos slabs (Black hologram with Red or Gold A and numeric s/n) are the next oldest. Under Amos&#039; ownership, the slide to &#039;market grading&#039; began and some think they went too far. So it&#039;s a race to the bottom between how loose the standards that were applied then vs. how loose the standards are today.</p><p><br /></p><p>So: There are SOME ANACS small white holder (SWH) slabs that are undergraded, but many that are not - it largely depends on whether they are fresh to the market or they&#039;ve been picked over many, many times by dealers and owners in the interval looking to upgrade them.</p><p><br /></p><p>So there is no blanket answer, it depends on the coin not the slab.[/QUOTE]</p><p><br /></p>

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