diff --git a/src/Umbraco.Core/PropertyEditors/ValueConverters/LabelValueConverter.cs b/src/Umbraco.Core/PropertyEditors/ValueConverters/LabelValueConverter.cs
new file mode 100644
index 0000000000..cf034c8c29
--- /dev/null
+++ b/src/Umbraco.Core/PropertyEditors/ValueConverters/LabelValueConverter.cs
@@ -0,0 +1,28 @@
+using Umbraco.Core.Models.PublishedContent;
+
+namespace Umbraco.Core.PropertyEditors.ValueConverters
+{
+    /// <summary>
+    /// We need this property converter so that we always force the value of a label to be a string
+    /// </summary>
+    /// <remarks>
+    /// Without a property converter defined for the label type, the value will be converted with
+    /// the `ConvertUsingDarkMagic` method which will try to parse the value into it's correct type, but this
+    /// can cause issues if the string is detected as a number and then strips leading zeros. 
+    /// Example: http://issues.umbraco.org/issue/U4-7929
+    /// </remarks>
+    [DefaultPropertyValueConverter]
+    [PropertyValueType(typeof (string))]
+    [PropertyValueCache(PropertyCacheValue.All, PropertyCacheLevel.Content)]
+    public class LabelValueConverter : PropertyValueConverterBase
+    {
+        public override bool IsConverter(PublishedPropertyType propertyType)
+        {
+            return Constants.PropertyEditors.NoEditAlias.Equals(propertyType.PropertyEditorAlias);
+        }
+        public override object ConvertDataToSource(PublishedPropertyType propertyType, object source, bool preview)
+        {
+            return source == null ? string.Empty : source.ToString();
+        }
+    }
+}
\ No newline at end of file
diff --git a/src/Umbraco.Core/Umbraco.Core.csproj b/src/Umbraco.Core/Umbraco.Core.csproj
index 92afe4105c..998e166e27 100644
--- a/src/Umbraco.Core/Umbraco.Core.csproj
+++ b/src/Umbraco.Core/Umbraco.Core.csproj
@@ -478,6 +478,7 @@
     <Compile Include="PropertyEditors\DecimalValidator.cs" />
     <Compile Include="PropertyEditors\ValueConverters\GridValueConverter.cs" />
     <Compile Include="PropertyEditors\ValueConverters\DecimalValueConverter.cs" />
+    <Compile Include="PropertyEditors\ValueConverters\LabelValueConverter.cs" />
     <Compile Include="PropertyEditors\ValueConverters\ImageCropperValueConverter.cs" />
     <Compile Include="Publishing\UnPublishedStatusType.cs" />
     <Compile Include="Publishing\UnPublishStatus.cs" />