http://www.ebay.com/itm/1880-S-Morg...62?pt=Coins_US_Individual&hash=item1c28e8783e Seller states it as being, but with no designation I hesitate to pull the trigger. How can we trust a seller's opinion based off only a few photos?
Well professional grades did think so the rules on that were set when it was graded. BTW looking at it appears correctly graded as shown on the holder.
According to the seller's description, he believes it to be undergraded. It's hard to tell from photos, but if I could win it cheap enough maybe it would be worth sending in for upgrading at PCGS?
The OP knows it has been slabbed, the question is the seller is claiming PL and the slab is not designated PL and the OP is thinking that maybe it will upgrade. Personally, I would pass on it. I don't think it has a chance at 66 and there is really no reason to believe it is PL. The seller claims is has lots of luster, yet PL coins are usually lacking in luster, so I would not take the sellers word on that. Mike
No shot at an upgrade and there is probably little chance of it going PL either. I think the coin is fine just where it is now.
You have to understand something about coin grading, whether done by a professional service like PCGS or NGC, or by another collector/dealer. 1. Grading is subjective. 2. Grades assigned by TPGs, and collectors/dealers, is an opinion only and can vary from one person to the next. IMO, I see nothing about that Morgan that suggests it's PL.
The seller only says the obverse has PL features. I would agree. If only one side is PL, PCGS won't give the coin the PL designation. I have included a photo of a PCGS MS65+PL for comparison.
To me, the coin looks like it has some PL characteristics to it. It is a completely non-PL coin, probably not. But is there enough PL to the coin to get the PL designation from the grading company, probably not. Looks like a decent MS65 example to me as well. I've seen plenty of MS66 examples that have more hits and marks than this one.
