I should mention that you will only find this designation used for circulated coins. Obviously, it wouldn't make sense to call a "proof coin" proof-like. Chris As @Markus1959 mentioned in a subsequent post, it would have made more sense if I had used the term "business strike" rather than "circulated".
ITS SAYS 1884 CC PCGS MS62PL. True View. ($225) UNDERSTAND THAT NOW CPM 9BALL SHOT GLASS THANK U ALSO
PL (Proof Like) coins are regular business strike coins that display frosty features (devices) with slightly mirror like surfaces (fields)
See http://m.ngccoin.com/CertLookup/Results.aspx?CertNumber=2599236-004 $175 NGC price guide... real market value? May be lower or higher
PL and DMPL (Deep Mirrored Proof Like ) is the #of inches you can read a ruler from the reflection of the coins field . 2" would be PL and 3 or 4" would be DMPL though I'm not completely sure of those numbers they are close .
That is an attractive coin. Just to be clear, however: PL has absolutely nothing to do with the frostiness of the surfaces. The PL designation is based solely on the depth of the mirrors in the fields. The confusion comes because, for certain coins in certain series, the method by which the PL effect was created also simultaneously produced a cameo appearance, as seen on your coin. The Morgan is by far the most common coin in PL, but examples exist for a very wide range of series. For more, check out my Registry set here:
