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<p>[QUOTE=&quot;princeofwaldo, post: 5958270, member: 24091&quot;]Examples in gold.&nbsp; Sometimes they call it MSxxPL other times they call it PLxx, ---sometimes with and sometimes without cameo designation; sometimes they make no distinction at all and simply call it mint state.&nbsp; This is especially true on older holders where it&#039;s obvious the coin is proof-like though there is nothing on the holder to indicate as much.</p><p><br /></p><p>Would be an interesting research project (for someone with the time) to document the evolution of PL designations.&nbsp; While I do not know this for certain, my suspicion is that the grading services originally began with only MS or PF (PR at PCGS) - and that the marketplace demanded some sort of distinction for PL beginning with Morgan dollars from the Carson City mint, and the PL designation was then adopted at a later date.&nbsp; I suspect the concept was then eventually applied more evenly to other issues besides Morgan dollars.</p><p><br /></p><p><br /></p><p>[ATTACH=full]1243875[/ATTACH] [ATTACH=full]1243877[/ATTACH] [ATTACH=full]1243879[/ATTACH] [ATTACH=full]1243884[/ATTACH][/QUOTE]</p><p><br /></p>

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