He was really referring to the thread sizes.
Steel 72 were available in three different size threads.
1) The most common and most user friendly (for inspection and service) is the 3/4” NPST threads which is what most modern tanks in the US use for the neck threads. It is a straight pipe thread with an O-ring seal and the actual thread opening is a bit over one inch in diameter.
2) The next common thread that was used in the older steel 72 was the 1/2” tapered pipe thread. That one can normally be identified because some of the threads are visible. It does not use an O-ring for sealing. It is metal to metal with either Teflon tape (some used to use pipe dope in the past).
3) The third type and least common is the 1/2” straight pipe thread with O-ring seal that was introduced by Sportways. White Stag also sold some valves with this thread type, but those are really rare. The Sportways straight 1/2" valves are tanks are around, but are not very common. They are unusual enough that some hydro station don’t even own an adapter to hydro test them, but the can get if needed.
If you are familiar with the tank neck diameter of a 3/4” standard valve, you should be able to notice that the neck on the older Sportways is narrower.
Sportways also made valves with 3/4” threads in the later years (and sold the more common steel 72 type cylinder).
Note: Simonbeans was just trying to save on words, as opposed to me, who writes these lengthy explanations.