What are Black Label Coins?
When you see a coin in a Professional Coin Grading Service (PCGS) encapsulation with a black label, you are looking at a unique and near perfect coin. The PCGS Black Label is awarded to MS-70 coins with special or unique designations like First Strike or Early Release.
An example of a PCHS black label coin is the APMEXclusive 2023 American Silver Eagle First Strike, which is in a black label holder, adding to its collectible appeal.
PCGS retires its labels, which adds to the exclusivity of the PCGS Black Label.
Are Black Label Coins Valuable?
Coins with a PCGS Black Label are more likely to be valuable than many others from the same series and issue. This is because they received a perfect grade and a designation.
A coin’s value for reselling purposes depends on its rarity, condition, and market demand.
Are the PCGS and NGC Black Label the Same?
There is an NGC black label, a retro throwback to the organization’s first holder, introduced in 1987.
NGC has brought their black label back because of its elegance and the handsome way the label enhances the coin’s presentation.
The NGC black label is not exclusive to any special designation or Sheldon grade, although some coins, like the 2006 Reverse Proof Silver Eagle are slabbed with its black label.