Guessing the PCGS gold label is just something people like ? Do they limit the amount ? How is it determined if or when...? And how in the world could a coin be an MS69, but also PL... Think I need a book.... Was reading another site, collector, etc... and the 2015 High Relief and people complaining about bad edges, yet one guy sent his too NGC and they gave him a MS70 anyway... Also found that coin has some medalliac alignment errors... THey should bring a pretty penny.. 180 degrees
"PL" has nothing whatsoever to do with grade. If the TPG chooses to use the PL designation, a coin which clearly reflects at the distance they choose to qualify for "PL" is PL. It's that simple, a measurable, mechanical attribute which does not involve subjective judgment.
The test I use is the distance the surface - and all of the fields on both faces have to do this to meet the requirement - will clearly and readably reflect 12pt newspaper type. I want a minimum of 4" of reflectivity for PL, and better than 6" for DMPL. It's a measurable physical feature on a coin. Tough to photograph, but easy to test for in-hand. The average Proof - from those issues which have that mirrored surface, some don't - should meet the "DMPL" standard pretty easily. Obviously, this is a Business Strike only designation.
That's what 99 percent of all the labels are from all the TPGs. The gold ones seemed to actually be one of the least popular and a miss by their standards
