New Purchase: 1890-S PCGS MS-63 PL Morgan Dollar -- Photos

Stuart

Here's a pretty 1890-S PCGS MS-63 Prooflike Morgan Dollar that I picked up tonight, that's in one of the newest conservatively PCGS certified holders with the large silver hologram label on the reverse.

I've already got an MS-64 which appears PL to me, however since these are pretty scarce in true PL, and since this looked like a choice cameo piece, I could not resist picking it up.

These are the original seller's photos, as I've not yet received the coin. What do you think of her?

Trooper

great looking coin!!!

Looks better than a 63..

Tom

Stuart

Tom: I agree that my new 1890-S PCGS MS-63 PL is at least solid for the grade, if not a high-end liner coin.

Thanks for your post and for your kind words about my new purchase!

K6AZ

Stuart, that has a very nice strike, as most coins of that date have. It's really hard to tell with those images, but since it's in a 3 holder I would assume it has the marks that accompany that grade. All in all, it's a pretty nice looking coin.

Stuart

Eric: Thanks for your post and for your thoughts on my new 1890-S PCGS MS-63 PL Morgan. The 1890-S (along with the 1878-S and 1897-S) is one of my favorite San Francisco Morgan Dollar issues.

fountainheadgold

Stuart, as usual, you came up with a coin with above average eye appeal, Way above. From the picture it does look pl.

stman

<< <i>that's in one of the newest conservatively PCGS certified holders with the large silver hologram label on the reverse. >>



Heh, I like that way of thinking. Before I sell a few prooflike Morgans, I might just have them reholdered for a few dollars. And poof....
They are conservatively graded.

Something for people to think about. I just had to throw that little tidbit in here.

GAT

Did you look at your snipe time? There was 1 second left when it was entered. You almost missed the boat by underbidding the first time.

I received another rare one yesterday, a 1921-D PL Morgan. Wish I could post pictures but haven't figured out my digital camera yet.

K6AZ

<< <i>Wish I could post pictures but haven't figured out my digital camera yet. >>



A good start would be to read the manual.

GAT

Private joke from K6AZ!

ElectricEye

<< <i>A good start would be to read the manual. >>



They come with manuals?

K6AZ

<< <i>

<< <i>A good start would be to read the manual. >>



They come with manuals? >>



His did.

K6AZ

<< <i>Wish I could post pictures but haven't figured out my digital camera yet. >>



Oh yeah, forgot to add, three years and counting.

morgannut2

Nice Coin Stuart. Please don't give these Ebay guys about "new" conservatively graded PL's (Even tho you're right)!!

Stuart

<< << that's in one of the newest conservatively PCGS certified holders with the large silver hologram label on the reverse. >> >>

<< Heh, I like that way of thinking. Before I sell a few prooflike Morgans, I might just have them reholdered for a few dollars. And poof....
They are conservatively graded.

Something for people to think about. I just had to throw that little tidbit in here. >>


stman: Thanks for your above post. Just to clarify the reasoning behind my statement -- Many forum members and other fellow collectors have recently commented that PCGS have been tightening up on their criteria for assigning PL/DMPL Morgan Dollar designations. The timing of this has coincided with them issuing the new silver hologram labels on the reverse of their holders.

As a result of this, I have noticed that some of the recently graded PL/DMPL coins being offered for sale appear to be at least solid for the grade, and some very high-end for the grade (and PL/DMPL designation). Based on evolving (changing) PL/DMPL grading criteria not all PL's and DMPL's are equal. In fact, some PL's which are conservatively graded (recent holders) have deeper mirrors than some DMPL's in more liberally graded holders.

I always try to seek out coins with high eye appeal which are solid for the grade, and especially like some level of cameo contrast. I hope this helps to explain my comment quoted above.

stman

Hi Stuart, yes I indeed understand what you meant. I was merely pointing out that anybody can get a coin re-holdered.
Same thing can go for what many say NGC's newer holder they are a bit more conservative. Get a reholder and those that only buy the holder will believe it is a more conservative grade due to the holder. I believe we're on the same page though.

Stuart

stman: You make a fair point that one cannot tell the difference between a re-holdered coin, and a freshly submitted coin which is either first being graded, or which has been cracked out for re-grading again as a raw coin.

Indeed we are now on the same page. Thanks for your post.

Stuart

<< Did you look at your snipe time? There was 1 second left when it was entered. You almost missed the boat by underbidding the first time. >>

GAT: I knew that I cut that transaction close to the deadline, and in fact did check to see that I got my bid in within the very last second. When my first bid was too low, I quickly reconsidered and upped it a few dollars within a quick 7 seconds which made the difference.

It wasn't planned that way, but it worked out OK.