What is Final Fantasy VII Greatest Hits version?

The left side of the Black Label case will be black while the Greatest Hits one will have green. The Black Label disks are white on the top with a light blue designs. The Greatest Hits are silver disks.

The Black Label playstation games are the original versions of a game. Game play is no different from Greatest Hits labels, but the Black Labels are worth more, simply because they're original. Heres a link on how to tell the difference: http://reviews.ebay.com/Final-Fantasy-BLACK-LABEL-game-buyers-beware_W0QQugidZ10000000004673273

Read more: What_is_the_difference_in_the_Black_label_final_fantasy_VII_versus_the_greatest_hits_version

That is not entirely correct. The game play should be exactly the same for both. The reason that the original is worth more is not because it is the original, it is because the original has a misprint on the back cover. I don't have my copy with me nor do I remember which Word is incorrect but one letter in a Word is superimposed on another and is misaligned. Last I checked an unopened, still plastic wrapped, copy of the game goes for something like $300.

The Word that is misprinted is "Masterpiece" The "i" is out of place.