How About Another Guess the Grade Contest?

I'd give it a MS64PL (depending on who submitted it, it could be as low as MS63, but if a large company like Heritage submitted it, PCGS could have given it a grade as high as MS65DMPL, to be safe, I'm going with MS64PL).

 

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Au-58

 

Based on what I see, I think this coin is MS 63 Proof like.
I happen to like pretty Morgan dollars and this sure is a nice one! Oz

 

Ms-62

 

Well, my guess is MS63PL.

 

Ms-64

 

ms-63 pl

 

Guess

I'm guessing MS-63. But, with my knowledge and me being a newbie in the world of coin collecting, I've just doomed anyone else who wants to guess MS63. lol

 

Ms-65

 

63 all day long.

 

My guess is MS-64

Thanks for the contest!

 

OK I have to guess too.

MS64PL

Pictures always amplify issues so I think it will do better in person than some think.?.

 

Oh lets say MS-63 PL

 

Ms 62 Pl

 

Ms65pl.

 

im going to go with MS63

 

Ms-63

 

MS-62PL maybe...

 

Can't wait for the right answer!!!

 

The coin was graded MS 62PL by PCGS. I personally feel that guess the grade threads can be very informative and can help everyone sharpen their grading skills. So, before I go ahead and announce the winner I would like to take a moment and talk about the coin and its grade.

First there is the issue of the numerical grade, which is right on IMO. When looking at Liberty’s portrait, you can see that there are a fair number of frost breaks on her cheek and cap. In the obverse fields there are a few too many bag marks for this coin to be Choice. That being said, its important to remember when grading PL Morgans that the reflectivity of the surfaces tends to accentuate marks much more than non PL coins. The reverse is very PQ for the grade with very few marks in the fields and great frosty devices. As we all know however, the obverse tends to carry more weight when grading a coin. If this piece were to be split graded, I would say it is MS61 OBV and MS64 REV, hence the compromise to MS62 overall.

From a technical standpoint, this coin should be considered DMPL as the mirrors are about 10 inches deep. However, as all can see, there is brown toning creeping into the fields which obscure the mirrors. If I had chosen to dip this piece before submitting it, I have no doubt it would have been tagged DMPL. There is just one problem with dipping PL Morgans, it actually ruins the mirrors. While the appearance of the coin would have been improved temporarily, over time, the fields would have lost reflectivity.

Unfortunately, TPG’s often don’t reward originality on PL Morgans. I’m just glad that there are collectors which buy the coin and not the holder. When I sold this coin at auction it brought more than most MS 63DMPL’s. Why? Simply because the coin is original and the purchaser knew that he didn’t have to worry about the coin turning in the holder.