Dimple grade opinions.

@asnap, they do not, at least not nice ones. You are talking at least $200 for an ATTRACTIVE PL early s mint Morgan PL in MS 64. PCGS or NGC ATTRACTIVE examples cost that much--we're not talking raw coins that are a gamble.

 

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Look what you can get for $100.

1884-O Morgan Dollar NGC MS63 PL $99 Heritage

 

This is the first time you posted in this thread LEhigh lol.

 

Here is my 84 o DMPL. More than $99, but not all that expensive a coin, and nice low population.

 

Dang snaps, your on this thread like a fat kid on cake. You read my response before I had a chance to edit it. See my reason for revision above.

 

I just did a search on Feebay for "1880-s MS64 PL" while yes a few really great ones went for 170-220 even two went for near 300 (those two prob should have been MS65 PL or MS66 PL) then there was like 30 of them that all sold for 90-120 graded by either NGC or PCGS.

This has a fair bit of small hairlines on the fields especially on the obverse. Iono...

 

Lol well dual sided DMPLs/ PLs are new uncharted territory for me and I would like to learn what I can

I have plenty of Morgans that have one side that would make PL or maybe DMPL but this is the first I recall having both sides.

 

Hello

That is just the same image over and over. I don't understand what motivates people to do this?


Amanda

 

Exactly. That image proves nothing, and one can assume that it is just a shiny morgan with good reflectivity. If the OP is so interested in whether or not it is PL (almost definitely NOT DMPL), he should send it off to be slabbed. It is never a PL or a DMPL as a raw coin--that designation has to be given by a TPG.

I doubt that you do, OP. If you do, send them off to be graded by a TPG. PL and DMPL are comparatively rare, compared to the general mintages of the coins. Kid poster, who is stubborn, and won't learn from experienced collectors.

 

So I have hundreds of Morgans, say only one out of them all had a PL surface on both sides and you doubt that it is... Ok you just keep on doubting sir.

Also you put too much faith in TPG. Saying a coin is not Pl or DMPL unless a TPG says so is foolish. The coin is what it is before a TPG ever sees it.

 

No, I am not wrong. Those are TPG designations, and are misused by collectors all the time. Not at all foolish, but a statement of fact. PL or DMPL can only be objectively verified by a TPG, as everybody thinks their clean Morgies are PL or DMPL. The TPG graders are the ones who came up with these designations in the first place, as prior to that, there were speculations about the proof like qualities of certain Morgans, but nothing tangible in writing as to how to grade them. There are standards established by grading companies, and the designation is theirs to give, if it is to be legitimate.

At age 15 you have hundreds of Morgans? Either they are beaters, or you are independently wealthy. Wow, I wish I had that kind of money as a teenager. Took me over 40 years to accumulate coins.

 

He could be Shawn Penns son?

 

Yes, you are wrong. If a coin meets the criteria for PL or DMPL then it is what it is whether the TPG has graded it or not. If a respectable dealer listed a raw Morgan Dollar as PL and charged a premium for it, there is nothing illegitimate about it. Do you feel the same about all designations? CAMEO, DCAM, FS, FBL, FB, FH, FT?

Out of curiosity, how do you know he is 15 years old?

 

By now I am pretty sure he is just stabbing about wildly until he hits something :devil:

 

This is a highly debatable and risky assertion.

Nonsense. A coin is what it is, be it PL, DMPL, or POS and does not exist in purgatory until an almighty TPG bestows a designation upon it. TPGs are only an accepted service because the collecting community places faith in their opinions, and these opinions change. There are plenty of coins presently in DMPL (or DPL) holders that would not make it back the same today. In another thread you claimed to be batting .500 on resubmissions, so how can this be if the TPGs are infallible?

Really? So the TPGs originated the terms, huh?

So what if inexperienced or questionable sellers and some collectors misuse them? The same thing happens with grades.. always has, always will, and (right or wrong) is part of this hobby. Everyone is entitled to their own opinions just as there are plenty of advanced collectors/dealers who have the necessary skill to properly desigate coins, so the idea that "only" a TPG can give or legitimately use the term is utter nonsense.

 

Gee, I can really feel the love in this post. I understand your points, but certainly not your hostility. How long have you been collecting? Do you remember the "Wild West" days before TPG services existed? Remember looking at a coin and calling it Fair, About Good, Good, Fine, Very Fine, Extra Fine, Uncirculated, Brilliant Uncirculated? That was really scientific, wasn't it? Definitive grading for sure? No messing with coin grades, and cheating people? I think you are being naive and understating the validity of a third party of experts that can take the randomness and total subjectivity out of coin grading for purposes of serious collection, sale, and sight-unseen purchases. Have TPGs eliminated all doubt? No way. Did they originate all designations as you implied? Course not--even now on Ebay or in any dealer's store, the seller can call a coin whatever he or she wants. if you wish to call said coin "MS 63 7/78 full monkey excrement," there is nothing to stop you and question the validity of your designation. No third party is involved, and as such, there is even more room for disagreement than we have on this thread.

Are TPGs omniscient? Of course not, and nobody with a sane mind was suggesting that, and I am quite sane. Are they completely consistent? Of course not--they are humans, and as such, they err. Only the Lord is perfect. However, they have created a certain standard that did not exist prior to the "bad old days," where one person's opinion was what it was, and you could either believe it, or go elsewhere. Same freedom exists--you don't like the opinion of the professionals at the TPG, DON'T BUY the coin, or don't sell it. Have standards changed and have there been some variations from company to company, and from year to year. Of course. Otherwise, we would not be having this discussion in the first place. All I was saying is that TPG grading legitimizes the accurate marketing and evaluation of coins, that was very hairy and dicey before those days.

Did they create designations? No, we all called a coin "proof like" when we thought it was, and "Dcam," when we felt it was in OUR OPINION. Same goes for raw coins today--one is at the mercy of the person grading it, and there is a wide range of experience, credibility, and honesty in that market. Don't deny that--we have all been duped with cleaned or overgraded raw coins, or dipped ones, or just plain fraudulent advertising of coin condition. TPGs LEGITIMIZE, not create the system for evaluation, and make it far more uniform. Is it perfect--heck no!! Why else would all of the "grade this coin" threads appear, as we all have a coin that we feel has been under graded, or over graded.

I don't think TPG grading is sacrosanct--it just has "evened the playing field" all around, and has made the purchase and sale a far more informed decision than it was 30+ years ago. Just one collector's opinion, and you know what they say 'bout opinions--everybody has one, they are like posteriors, and they all stink.

 

Which is the very point I was trying to convey.

 

4" of reflection will not always get you a PL.

I would guess a genny holder on this one. The pic in post #14 shows dark stuff in the along the forehead ear and bonnet. That would concern me on this coin unless it is just the image.