DMPL Trade Dollars

I found out when considering breaking out a Trade Dollar I thought that was underrated that PCGS/NGC didn't give DMPL designations to Trade Dollars,so here remains in the ANACS hold.
I called both NGC & PCGS & they just say we don't.

 

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Is it in an ANACS "problem free" holder? The reason I ask it that I can see a sort of "halo" of frost around the devices which suggests to me that the surfaces have been polished in some way. Parts of the obverse fields look sort of hazy while other parts look bright. Truly "PL" Trade dollars are extremely scarce, and are far outnumbered by doctored coins. If your coin is in an older ANACS holder (especially if it has the blue lettering on the label) it could be a fake slab (sometimes the coin is too) or a slab that had the original coin removed and another one substituted. Sorry to sound like such a pessimist, but I have some experience with Trade dollars and also counterfeit ANACS holders.

 

The ANACS holder has black print & green logo ANACS holder is a problem free holder,holder is intact first thing I checked before buying..Picture shot under a Ott light,not the best true light. .
I just checked ANACS pop report for this year & don't see any DMPLs,just wrote ANACS to see if they have ever given a DMPL on a trade dollar.

 

According to Bowers, some of the 77-s issue have PL surfaces, especially on the obverse. And, I have never seen a Trade dollar in a holder designated 'PL' from one of the major tpg's. What grade did ANACS give it?

 

MS53 was the grade,I checked my records & bought it in 2002,tuesday or wednesday I'll go to the bank & get it to photograph the label & coin.
Do you know when ANACS sold to the present owner because the ANACS pop.report only shows PL & DM not DMPL,so I definately have to re-check it,when I do I'll post it.I also contacted ANACS w/the pics I posted . Population report ANACS 1877 S Tr. Dollar.pdf

 

NGC awards both PL and DPL designations to gold and silver type coins, though in the case of the latter, much more sparingly. However, if a coin has been circulated, it is likely that the reflectivity wouldn't be substantial enough to merit a DPL, as opposed to PL designation, anyway.

 

MS-53? No such grade as MS-53. Sure it wasn't MS-63?

 

My mistake AU53 I don't have the coin in hand.
Population report ANACS 1877 S Tr. Dollar.pdf

 

Ah, OK.

I agree with Mark F - the surface of an AU-53 coin in all probability would not qualify for DMPL.

 

Almost positive it was graded DMPL,will post the label & coin when I get it out of the SD BOX.

 

Perhaps it was. But my point was that in most cases a DPL designation wouldn't be merited for a circulated coin.

 

I agree with you I have DMPL Morgans & all are MS 60 & above,that is why I posted this T-Dollar ,I have never before this coin seen a T-Dollar DMPL above or below 60 except proof DM's & DMC.Trade Dollars...

 

Maybe a silly question, but....

Why does it matter what the TPGs call the coin?

 

I guess the reason is it would authenticate the coin as being the only DMPL Business strike 1877-s Trade Dollar ANACS has graded .
Population report ANACS 1877 S Tr. Dollar.pdf

 

And since NGC and PCGS also grade them -- and their populations way outnumber ANACS' -- and PCGS at least doesn't label them as such, the question still remains: Why?

Is it really to understand if this coin is one-of-a-kind from ANACS' perspective, or is there something else going on (ignorance of the market and/or seeking TPG's approval)?

Said even more bluntly, the coin isn't going to be worth any more in a PL/DMPL ANACS slab, so why does it matter? The coin is what it is.

Respectfully...Mike

 

I disagree respectivally,the coin will be worth more as DMPL as a business strike Trade Dollar.

 

Only to someone who buys slabs, and there ain't many people who collect ANACS slabs, much less DMPL/PL trade dollars in ANACS slabs.

BOTTOM LINE: Good coins sell for good money, regardless of DMPL/PL labels.

You're wasting your time and money, IMO, but in the end it is what YOU want that really matters....Mike

 

I never buy coins by the grading company,I have PCGS,NGC,ANACS,old ICGs & raw coins so the slab company is never in my opinion the deciding factor,bought this coin for it appearance not the slab.Anacs is just a grader like the other bigger guys & you will find good accurate & inaccurate grades from all of them,so just buy what you like raw or slabbed.

 

Ah ha! So you don't pay attention to the slab, but prospective buyers do?

 

I not a coin dealer ,I collect only and will never sell it anyway,so I think the point you are endlessly trying to make is mute,got it !