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<p>[QUOTE="Morgandude11, post: 8294526, member: 37839"]OK, the whole story. I bought this coin, but never owned it. Those of you who know me well are aware that I am not a dealer, but occasionally buy coins for a few affluent collectors, who are fussy, but not that knowledgeable. </p><p><br /></p><p> That was the case here—I bought this one, ironically, in NGC’s backyard, for a friend in Sarasota. He looked at the pictures, and fell in coin love. I explained to him that the seller is notorious for light saturation of coins, and using Photoshop to smooth out the surfaces of the fields in coins. He still wanted it.</p><p><br /></p><p>So, even though the coin had a fixed price, and no offer situation, I negotiated the price down. I bought it, opened the coin, and looked at it. It was an extremely nice PL Morgan, but the seller made it look like a MS 67 or 68 DMPL coin. I then sealed it up in a new cardboard mailer, and sent it off to my friend the same day. </p><p><br /></p><p> Now, how does one buy a coin like this? We often have to deal with juiced pictures of coins. Given the date, grade, and die state, I knew it would be a nice coin, but that the photos made it look undergraded. In hand, it is not undergraded—it is correct. </p><p><br /></p><p>For an 1881s, which has many attractive PL gem grade coins, this one is quite attractive, but NOT MS 66 or 67 attractive. It has striations from die polish that were deliberately concealed. When buying a PL or DMPL coin, expect die polish lines, or it is probably not PL. I posted this coin as a learning tool, and a few experienced Morgan collectors immediately got it. I said that the coin looks like the photo—it does, except its virtues were exaggerated by lighting, and the smoothing eraser in Photoshop.</p><p><br /></p><p>At any rate, here is the coin:</p><p><br /></p><p>[ATTACH=full]1466565[/ATTACH][/QUOTE]</p><p><br /></p>
[QUOTE="Morgandude11, post: 8294526, member: 37839"]OK, the whole story. I bought this coin, but never owned it. Those of you who know me well are aware that I am not a dealer, but occasionally buy coins for a few affluent collectors, who are fussy, but not that knowledgeable. That was the case here—I bought this one, ironically, in NGC’s backyard, for a friend in Sarasota. He looked at the pictures, and fell in coin love. I explained to him that the seller is notorious for light saturation of coins, and using Photoshop to smooth out the surfaces of the fields in coins. He still wanted it. So, even though the coin had a fixed price, and no offer situation, I negotiated the price down. I bought it, opened the coin, and looked at it. It was an extremely nice PL Morgan, but the seller made it look like a MS 67 or 68 DMPL coin. I then sealed it up in a new cardboard mailer, and sent it off to my friend the same day. Now, how does one buy a coin like this? We often have to deal with juiced pictures of coins. Given the date, grade, and die state, I knew it would be a nice coin, but that the photos made it look undergraded. In hand, it is not undergraded—it is correct. For an 1881s, which has many attractive PL gem grade coins, this one is quite attractive, but NOT MS 66 or 67 attractive. It has striations from die polish that were deliberately concealed. When buying a PL or DMPL coin, expect die polish lines, or it is probably not PL. I posted this coin as a learning tool, and a few experienced Morgan collectors immediately got it. I said that the coin looks like the photo—it does, except its virtues were exaggerated by lighting, and the smoothing eraser in Photoshop. At any rate, here is the coin: [ATTACH=full]1466565[/ATTACH][/QUOTE]
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