PL Submission Results - With Images
keoj
Posts: 980 ✭✭✭
Gang, This is a report on a recent submission of Trade Dollars to receive a PL designation.
The Submission: Three Trade Dollars, a 77-S (in PCGS-61), a 77-S (in PCGS-64), and a 78-S (in PCGS-63). These are all, very good coins with strong to excellent PL characteristics ON BOTH SIDES of the coin. This is important in how PCGS looks at in awarding a PL designation. I knew that going in. All there were solid PL to DMPL coins when compared with Morgans.
TIP: There was some confusion from everyone on how to submit these. It was finally resolved. If you do this, use the Reconsideration Service level to submit.
The Outcome: Just saw the grades. Only one of the three received a PL designation. It was the coin is 61 (the finest PL Trade I have ever seen).
The Opinion: IMO, in this small sample, the designation is very tight. The 61 is a DMPL level coin (as compared with DMPL Morgans or DC Proofs). I was expecting all three to get awarded a PL. I'm obviously a little disappointed and surprised (no whining). If and when I sell these other two coins, I will be listing them as PL (because the mirrors are strong and clear). So for those assuming that PL means the same as Morgan PL, please be careful regarding expectations.
If anyone has any alternative experiences, I would love to hear about them. I'll probably resubmit at some future point to understand if the designation criteria is simply immature amongst non-Morgan series.
I'll share imaged when I get the coins back but Proofs are hard to represent.
keoj
Comments
Sorry for your misfortune. Did you not get trueviews with them?
Prooflike Trade Dollars are beautiful.
Professional Numismatist. "It's like God, Family, Country, except Sticker, Plastic, Coin."
No real misfortune, no sympathy necessary !!!!😀😀😀 Just reporting in and offering comments. Would love to hear about other series!!! I had two NGC coins marked PL and all three of these were superior. With my limited example, quite different attribution criteria. Keoj
Congratulations on the one PL anyway... Look forward to the picture.... Cheers, RickO
@keoj Congratulations on the PL T$1!
Nice! Images would be nice to see.
Was/is this the first Trade Dollar in PL by PCGS? Did you receive any upgrades?
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Sorry you only got one out of three,Joe. Will be interesting to see the images. Did you get them TrueViewed?
Complete Set of Chopmarked Trade Dollars
Carson City Silver Dollars Complete 1870-1893http://www.pcgs.com/setregistry/showcase.aspx?sc=2722"
There is always another day with plastic. I would not overstate value on submissions unless you want faster turn arounds.
I have been curious about how the PL designations have been going. curious to see the image of the one that PL'ed!
Thx for posting the results. Too often we never get the end of the story.
I didn't get them True Viewed. I will post images when i get the coins back. Thanks for all the comments;!! Keoj
Sorry to hear about the poor results, but the coin is beautiful!
First Two images are of the 64, Second two are of the 61 (the only one I got a PL on). I didn't post the 78-S. Those are my fingers about 6 inches away on the right side of the coin.
IMO - The 61 is DMPL both sides, the 64 was DMPL on the obverse, PL on the reverse, the 78-S (not shown) was PL both sides. Like I mentioned, tight on the attribution.
Sorry about the quality, trying show Proof depth is not easily done.
keoj
No worries....a learning process...i might try to argue the 64 up at some point. Its stunning but he 61 is better on both sides.....
Nice PL MS61. Not DMPL but nice PL.
The other’s reverse seems to hold it back from PL.
Cool pieces.
Thanks for the report Joe. I was going to try a ‘77-P chopmark in 61 with glassy surfaces for the PL designation, but after your results I don’t think it’s even worth trying. They are holding the line pretty tight on these.
Also have a 76-S that is DMPL but it’s a 55 so not eligible.
Did you have a trust expert check them out before you sent them in? I've found with PLs the portrait etc. may be fully PL but the fields may hold them back.
It’s impossible to tell with cellphone pictures if they are PL. All I can say is they are both very nice looking coins.