Readers Ask column from Jan. 23, 2017, issue of
I enjoyed the article in Coin World about fancy slabs. I
have the coin and bag pictured. Do you know the year it was issued?
Is it rare, as stated on the slab? What is its value? It’s the only
one I’ve seen.
Roger Bohn / Address withheld
According to the Professional Coin Grading Service (PCGS.com), the
slab is referred to as “The Regency Holder,” a premium holder used
“for rare and important coins.”
The oversized holder with dark green background does not carry the
PCGS number on the grading insert, but has the PCGS hologram on the
reverse side. The holder was “limited in popularity due to awkward
size” and “is infrequently seen today,” according to PCGS, which
added, “It is estimated approximately 700 coins were put into Regency
Holders, roughly half of them Israeli coins from the Danny Kaye
The Regency Holder was only in use from 1992 through 1994.
While the holder itself is limited in number, the “rare” designation
on the grading label for the 1849 Coronet gold $10 eagle in the holder
refers to the Breen 6887 variety, as attributed in Walter Breen’s
Complete Encyclopedia of U.S. and Colonial Coins. The coin is a
double date variety. Parts of all four digits in the date show within
and around the date. Part of a loop of an extra 9 shows through the
left side of the circle of the 9. According to Breen, the obverse die
later cracked through the first nine of 13 stars.
While Breen refers to the variety in his Complete
Encyclopedia as “prohibitively rare,” U.S. gold coin specialist
Doug Winter from Doug Winter Numismatics says “the variety is actually
not that rare and sells for no real premium.” The rarity is the
holder, which Winter says is usually far more in demand than the coin
the holder contains.
Recorded sales at eBay show coins in Regency slabs have sold for
significantly more than similarly graded coins in non-Regency holders.
PCGS founder David Hall was quoted in Coin World in 2013
stating that the oddly shaped Regency holders, often referred to as
“coffins” in the hobby, were abandoned because of low demand.