Proof-Like Morgan Dollars

Just curious, does anyone collect proof-like Morgan dollars? If so what is your favorite one? Just got back from the coin shop. Just went over to get a couple of Capitol Morgan dollar holders and couldn't leave the shop without 4 prooflike Morgan's. It's killing me!!! Just can't seem to walk out of the shop without a Morgan of some kind.
Rodger

 

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I don't collect them, but I have owned and sold them in the past. I try not to deal with the prooflikes, as it is too difficult to ascertain the appropriate premium. Since the DMPL coins are listed in greysheet, they're easier to deal with.

I am fascinated by the DMPL Morgans, especially in higher grades. The lower grade coins look ugly to me, because the reflective surfaces make any marks appear to be much worse than they really are.

So, while I see the beauty in them, that's not where I focus collecting.

 

I'd like to see photos of your PL Morgans.

Very best regards,
collect89

 

I'll try and post a couple later this evening, however, the photographs I have doesn't do the coins justice as it is somewhat difficult to see the prooflike image. But I'll try and figure out how to post the photographs later this evening.
Rodger

 

Here is a PL Morgan of mine. I don't have a lot of PLs and this one has some toning on it. You can guess the grade as well if you would like. Borgovan is right when he says the reflective surfaces make marks look worse than they are (see the cheek). I didn't do a very good job of getting the PL qualities to appear in my photo, but this coin is PL, not DMPL. Enjoy.
John

 

I'll give you the benefit of the doubt on the cheek and call it a new ANACS holder MS-63PL

 

Here is one of my PL Morgans. Like you John I don't have any DMPL but I have several PL's.

 

Borgovan, correct that it is ANACs, but that is not their grade.
John

 

Bt the way, what do you think about the toning on this coin -- enhances or detracts from its beauty? It's subtle, I think.
John

 

The toning TOTALLY enhances the coin imo!! Hands down! This would make or break the deal for me in a purchase. Your coin is beautiful imo Numan. I'd say MS-64.

 

I really like the toning. I think a little subtle toning on the PL coin's really adds to them. I wouldn't like to see monster rainbow toning on a PL coin, but I think this coin is very attractive.

 

Did ANACS always designate PL on their holders? This one appears PL on the obverse & DMPL on the reverse.

Very best regards,
collect89

 

Hello Morganman,
That is a beautiful coin and a tough coin to photograph. Even in the small photo it looks 66 PL. Here is my 1880 PCGS slabbed as PL.

 

Man, if mine is near MS66 yours has to be MS67 or better. That is absoultely gorgous. I just got back from the coin shop and picked up an 1878 7/8 TF(WEAK) PCGS MS62 DMPL. This is my first DMPL. Very nice will post pictures later.

 

I have a couple of TPG's that I swear look prooflike to me, but they weren't graded that way. They appear to be in older holders. I was wondering is there any way to find out by the serial numbers when a coin was graded by PCGS or NGC? I was thinking about resubmitting to see if they would be graded as prooflike. Thanks,
Rodger

 

You can tell by looking at the holder. Post a picture, or tell us what it looks like, and we'll tell you who graded it.

 

Mine is a 66PL according to PCGS.
Happy New Year.
collect89

 

Hello MorganMan, Two things-
(1) When you are checking for PL be careful to check for PL on all the field surfaces. If there is a hazy area somewhere on the coin, then it can fail for PL.
(2) It is not necessarily easy to determine PL when a coin is already in a plastic holder because the plastic can do its fair share of reflecting a mirror image.

 

I know who graded the coins as PCGS and NGC are on the slabs, what I would like to know is when they were graded. I think I might have several that are older PCGS slabs. Depending on how old they are I might resubmit.