How do ANACS DMPLs compare??
coynclecter
Posts: 2,111
I was looking at ebay this am and spotted this auction for an 1883CC MS65 DMPL ANACS. The BIN was 250. Greysheet is 475 so I was getting ready to BIN when I see some AH killed the BIN with a bid of $30. Now does he expect to get this for less than $250? if so maybe I am don't understand something, are ANACS DMPL selling at a big discount to PCGS or something???
1883-CC
1883-CC
Coyn
1883-CC
1883-CC
Coyn
0
Comments
<< <i>so I was getting ready to BIN when I see some AH killed the BIN with a bid of $30. >>
No disrespect implied: How do you know the AH killed the BIN with a bid of $30? If a coin has a BIN of $300 and an opening bid of $30, and I, the first bidder, bid $250, the BIN will disappear and the bid amount will still be $30 because it is the first bid.
DPOTD-3
'Emancipate yourselves from mental slavery'
CU #3245 B.N.A. #428
Don
In my opinion, a great many ANACS DMPLs are not DMPLs by the same definition PCGS uses. (NGC for that matter, too.) In fact, it is the DMPL designation where I believe PCGS differs most dramatically from both ANACS and NGC on Morgans
My "read" on what PCGS allows for the DMPL designation is a coin that has essentially no frost in the mirrors, no metal flow lines at all, and only a few light die polishing lines. PCGS wants a coin whose mirrors have a very "liquid" appearance, whereas ANACS seems to go by reflectivity for the most part.
That said, if you can find ANACS DMPLs that will cross at PCGS, you have the opportunity to pick up some huge bargains.
-- Dennis
like someone said above buy the coin not the holder! currently pcgs is the best grading dmpl morgans but just make sure if you ever buy a morgan dmpl raw pcgs or whatever you know and understand what you are looking at or you might lose your ass
sincerely michael