What is this pcgs label?

I know this is one of the new morgans and it has the advanced release on it. I understand all that. But it looks like some type of foil label. Has anyone seen one of these before?

 

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I've never seen one up until you posted this example.

 

Something new to get more submissions for grading them.

 

What is an advanced release other than a marketing gimmick?

 

That.
It is for an elite few dealers to buy up to 10% of the mintage at a 5% markup so they can sell them for almost 500.00.

 

https://www.thecoinvault.com/produc...ose qualifying,to their official release date.

 

Bingo!

 

One more reason to boycott modern mint products.

 

They've used foil before. Pogue I believe initially had a golf foil label that ended up getting reholdered and some of the ship wrecks have had gold foil before. I believe thats the first foil that isnt gold though, first I've seen anyways

 

Anyway, the asking price on these "advanced release" labels have been 450+. I spotted this for sale and they were asking just under 400. I made an offer because I was wanting one Morgan and I wanted a CC. The seller accepted. I paid FDOI price for this. It is just a label. But I feel like mid 3's wasn't bad for this. I had never seen a foil label like this before.

 

Foiled again

 

It's my understanding that dealers can request special labels, and that may include the type of paper, so the foil paper was used.

 

Yes the guy finally got back to me about it. That's what this is. I still wouldn't pay 450+ for one.

 

And with this asking price for the flag label...

 

The advanced release is driving the prices, not really the label style. A lot of people dont really like the foil, I dont like the gold ones but the silver looks like it would be nice. In this case though the advanced release is the biggest factor aside from the grade

 

So this came today and this foil label really rocks IMO!

 

Another dumb: "Collect the Label" insert