GTG 1880 S Morgan Silver Dollar

If it's AU 58, then it won't get the PL designation. One would have to send to Anacs, ICG, or NGC to get it.

 

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MS64 PL I also think it's a RPD.

 

ETA on reveal for this one?

 

Here it is.
It's really difficult for me to photograph coins and slabs. The reason I bought this one is I thought it looked under graded. The bust is clean and there really are no bag marks in the fields. Did not have a proof like designation but certainly looks it to me. I admit that I am not good at grading Morgan's.
Collecting nut nailed it.

 

The 80-S, 81-S, and 82-S tend to come nice so sometimes they are (or at least seem to be) undergraded (not often but it happens). Quite a few are semi-prooflike (just miss PL on one side or both) and that might be the case here. The other thing to know is that the spread between 63 and 64 is small, so it's not that big of a deal (I would not regrade and would just enjoy it as is).

 

I've got a similar Morgan which appears PL; however, there's a small area under the eagle's wing which doesn't have the mirror surface. Due to that, my coin did not get PL either.

Based on the cert number, this one was graded recently, so I'll echo ddddd and suggest not having it regraded. Best case scenario, you might score a +, but I don't think that's worth the cost or headache.

 

Those photos look a lot different than the original two. Are those scratches on the plastic slab already? Dima said it was graded recently, the case should not be beat up yet by that logic. Completely different looking photos. "scratches head".

 

Oh I certainly do like the coin. I guess I was just looking for an affirmation that it was under graded. At the end of the day it doesn't matter what the label says if you like it!

 

I would never do that. I wonder how often PCGS will admit that they undergraded it.

 

Correct. Scratches on the slab.

 

In my personal experience, it's rare but does happen. Of all the coins I've submitted for regrading, I've had ~5 come back with a +. These are usually coins from earlier generation holders which goes to show the fluid nature of TPG grading. In theory a coin graded MS63 in 1989 would still be graded MS63 in 2024; however, this isn't the case. I have to imagine this inconsistency is one of the major gripes some folks have with TPGs. My biggest jump was from MS62 up to MS63+, but to be fair, this included some "restoration." (Read: they "professionally" and properly cleaned by coin for me; likely just an acetone bath)

 

Seems like the acid test would be to crack it out before resubmitting, so the grader wouldn't have a preconceived bias, especially if the same TPG. Save the slab and serial number in case they decide to downgrade it, so you can berate them later.

 

According to PCGS, when submitted for regrade (vs. reconsideration) they crack the coins out themselves before the graders see them. Additionally, coins submitted in their PCGS holders cannot come back any lower. You'll either get the same grade or higher. Coins cracked out of existing PCGS holders aren't covered by the same policy.

Reconsideration service is similar, but the graders inspect the coin in it's holder. If they feel it can be upgraded, only then do they crack it out. Note that this service will preserve your cert number, even if the coin upgrades. For regrading, those coins automatically get new numbers and lose any potential auction history tied to them.

 

I’m sure if it was regarded it would get a MS-64 grade today and it may even get a PL but then I feel it’s not worth the costs to do so. Enjoy it as it is.

 

I did not know that, good to know. That's probably one of the reasons they are the gold standard for TPGs. It's a shame they are so slow and expensive. But the only reason I would send them a coin is if it was either rare or conditionally exceptional and extremely valuable in a higher grade. I own some of their slabs, but let someone else pay the vig.

 

That crack out means nothing once it's cracked. Sounds good but thats about it.