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<p>[QUOTE="GDJMSP, post: 8058213, member: 112"]Simple answer is that particular green label has no significance whatsoever when it comes to value.</p><p><br /></p><p>The thing about "green labels" is this. The ones that matter, or that some think matter, have a nickname - OGH (Old Green Holder). I'm trying to remember when they were first used and off the top of my head it was the late '80s - but they stopped using the in 1998. And since pretty much every knows that the TPGs have changed grading standards, which is a polite way of saying loosened grading standards, numerous times over the years, it is commonly believed that the coins residing in the OGH were graded under tougher, tighter, more strict grading standards than those used after 1998 - thus making those coins undergraded by later grading standards. And this belief is over 20 years old.</p><p><br /></p><p>But here's the thing. As I said, just about everybody who knows coins knew this - over 20 years ago. The net result was that by 2000, 2001 just about all the OGH coins had been so picked over by so many people that those that still remained in the OGH, the only reason they still remained in the OGH was because those particular coins had been overgraded to begin with and thus were not worthy of submitting for upgrade under the new loosened grading standards. And what that means is they had no chance of being upgraded and sold for more money.</p><p><br /></p><p>And now, 20 years later, there are still people who are unaware of all that history. So the OGH story still persists. </p><p><br /></p><p>I'll add this much. That same story about being able to identify possible upgrades based on the label has repeated oh at least 3 times with different slab labels. Meaning that PCGS has loosened their grading standards at least 3 more times AFTER the old green holders were done away with ! And just about everybody who knows coins knows that too ! </p><p><br /></p><p>So you can still play the upgrade game if ya want because they have loosened their grading standards so much over the last 20 years that even those coins in the OGH that were deemed unworthy of upgrade 2 years ago - well, it's pretty much a given that they will be upgraded today !</p><p><br /></p><p>But your coin - that aint one of the old green labels. And since it already says 70 - there aint any upgrades left to begin with ! Which of course is why that label is meaningless for several different reasons.[/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 8058213, member: 112"]Simple answer is that particular green label has no significance whatsoever when it comes to value. The thing about "green labels" is this. The ones that matter, or that some think matter, have a nickname - OGH (Old Green Holder). I'm trying to remember when they were first used and off the top of my head it was the late '80s - but they stopped using the in 1998. And since pretty much every knows that the TPGs have changed grading standards, which is a polite way of saying loosened grading standards, numerous times over the years, it is commonly believed that the coins residing in the OGH were graded under tougher, tighter, more strict grading standards than those used after 1998 - thus making those coins undergraded by later grading standards. And this belief is over 20 years old. But here's the thing. As I said, just about everybody who knows coins knew this - over 20 years ago. The net result was that by 2000, 2001 just about all the OGH coins had been so picked over by so many people that those that still remained in the OGH, the only reason they still remained in the OGH was because those particular coins had been overgraded to begin with and thus were not worthy of submitting for upgrade under the new loosened grading standards. And what that means is they had no chance of being upgraded and sold for more money. And now, 20 years later, there are still people who are unaware of all that history. So the OGH story still persists. I'll add this much. That same story about being able to identify possible upgrades based on the label has repeated oh at least 3 times with different slab labels. Meaning that PCGS has loosened their grading standards at least 3 more times AFTER the old green holders were done away with ! And just about everybody who knows coins knows that too ! So you can still play the upgrade game if ya want because they have loosened their grading standards so much over the last 20 years that even those coins in the OGH that were deemed unworthy of upgrade 2 years ago - well, it's pretty much a given that they will be upgraded today ! But your coin - that aint one of the old green labels. And since it already says 70 - there aint any upgrades left to begin with ! Which of course is why that label is meaningless for several different reasons.[/QUOTE]
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