That curiosity in history had me searching for the auction of a significant piece of numismatic history. An article appeared at Coin Week reporting that a sample PCGS Type 1 holder with a handwritten label was up for auction at Great Collections.
According to the auction description, it is a prototype holder for a very worn Peace dollar to show how a coin with a worn date could be certified by PCGS. The handwritten label was produced in 1989 or 1990, with PCGS confirming the label’s authenticity.
The label is a demonstration of the growing pains experienced by PCGS. By 1989, PCGS was three years old and experienced an exception to its established procedures. Long before low-ball collecting, what does a company do with a low-grade coin?
The prototype holder with a coin that would likely grade PO-1 today is an artifact of numismatic history. Aside from its historical significance, it is just a cool item. The price as this is being written is $5,050. The auction ends Sunday, June 19, 2022, at 06:38 PM Pacific Time. Get your bids in!