DMPL designation is VERY tough to get these days
Yale68
Posts: 376
I have been submitting many crossovers in NGC DPL and ANACS DMPL holders for additions to my PCGS Morgan VAM registry sets. All of them are coming back PL, no matter how deep the mirrors. Has anyone been getting any DMPL's lately? In my opinion they have tightened up ridiculously. The sad thing is that there are many Morgans in old green holders labeled DMPL that barely look PL.
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Many older holder NGC Morgans labeled as DPLs are just as bad if not worse with many also being barely PL, and many having unattractively toned from the white insert holders and masking the mirrors.
Today, both services have tightened up significantly on the DMPL designation from what I've seen and heard about (especially NGC) and are light years different than many of the older holdered coins. Therefore if you blindly purchase a PCGS holdered coin designated DMPL sight unseen, you really don't know if you're going to get a real DMPL or a barely PL dipped out piece of junk.
Is there a list of abbreviations used for coins somewhere.
Thanks Rob
I agree with Dragon's advice to the general public, you really do have to know what a dmpl is before you pay dmpl money for a coin, even in a PCGS holder.
On what may be a related or unlated note, my world series portfolio consists entirely of pls and dmpls, and has yet to move a dollar in either direction.
Yale, I miss seeing your collection on the pl registry. Why not stick it back up. It's a great collection.
<< <i>Shouldn't pcgs be sticking to the dmpl definition set forth in their grading book? Or are they going to revise that definition? They wrote that the mirror depth should be 6 inches- are they PLing coins because of supposed distortions in the fields that hamper the mirrors? >>
It doesn't matter what any grading books say or what they're written definitions are...........just who's in the grading room at the time.
Or perhaps they had to payout the guaranty on so many early graded DMPLs sent in for review that they are just being overly and needlessly conservative now, who knows? The fact remains that a PCGS holdered DMPL Morgan can vary widely depending on when it was graded.