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<p>[QUOTE="Ed23, post: 2179642, member: 32117"]Right after the BIG GSA sale ended and dealers and collectors began to receive these huge plastic boxes holding their coins the collecting public initially rejected these holders. This was the first holder that came out in which a coin was sealed inside. Frankly people didn't like the amount of room they required when packing for a show or even mailing to a buyer. You could attend any coin show during this period and find the trash cans filled with all of this "unnecessary packaging" as the coins were cracked out and retained and kept for sale/show and the rest discarded. Thus the few dealers and collectors who resisted the urge to discard the OGP resulted in they receiving a premium after the cases began to be "part of the coin's heritage". As a result of fewer cases surviving we now see the supply v. demand principle kick the value up. It would be similar today to a person receiving a PCGS graded dollar which they broke out of the slab and then tried to offer to others in raw condition as a "PCGS MS64" coin without proof; PCGS slabbed coins carry a premium only when the coin remains sealed in its PCGS slab.</p><p><br /></p><p>Don't think of it as "paying extra for a special holder or slab", think of it as certifying that this coin was a part of American history.[/QUOTE]</p><p><br /></p>
[QUOTE="Ed23, post: 2179642, member: 32117"]Right after the BIG GSA sale ended and dealers and collectors began to receive these huge plastic boxes holding their coins the collecting public initially rejected these holders. This was the first holder that came out in which a coin was sealed inside. Frankly people didn't like the amount of room they required when packing for a show or even mailing to a buyer. You could attend any coin show during this period and find the trash cans filled with all of this "unnecessary packaging" as the coins were cracked out and retained and kept for sale/show and the rest discarded. Thus the few dealers and collectors who resisted the urge to discard the OGP resulted in they receiving a premium after the cases began to be "part of the coin's heritage". As a result of fewer cases surviving we now see the supply v. demand principle kick the value up. It would be similar today to a person receiving a PCGS graded dollar which they broke out of the slab and then tried to offer to others in raw condition as a "PCGS MS64" coin without proof; PCGS slabbed coins carry a premium only when the coin remains sealed in its PCGS slab. Don't think of it as "paying extra for a special holder or slab", think of it as certifying that this coin was a part of American history.[/QUOTE]
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