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Interesting Prooflike Bust Half Dollar

KyleKyle Posts: 1,822 ✭✭✭✭✭
in U.S. Coin Forum
Did anyone see this Bust Half sell on eBay the other day? It's an NGC VF-25 PL.



Currently a Pop 1 for the grade according to the NGC census, with 7 other PL coins for that date (Ranging in grade from 63 to 66). This is the only bust half that has received the designation under AU-55 in the entire series.



I'm familiar with the characteristics a morgan dollar needs to be deemed PL, but what do they look for with bust half's?
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Comments

  • TopographicOceansTopographicOceans Posts: 6,535 ✭✭✭✭
    I'd like to own a PL Bust Half. I wasn't aware such things existed.

    But I wouldn't be interested in the coin in those pictures.
    It would have to look 100 times better in person.
  • YorkshiremanYorkshireman Posts: 4,583 ✭✭✭✭✭
    Great Southern Coins does not have a good reputation on this forum.
    Yorkshireman,Obsessed collector of round, metallic pieces of history.Hunting for Latin American colonial portraits plus cool US & British coins.
  • TPRCTPRC Posts: 3,814 ✭✭✭✭✭
    I'll wait to be educated, but my initial reaction is "that's just dumb!"

    Tom

  • KyleKyle Posts: 1,822 ✭✭✭✭✭
    Originally posted by: Yorkshireman

    Great Southern Coins does not have a good reputation on this forum.


    Is this seller affiliated with GSC?



    But I wouldn't be interested in the coin in those pictures. It would have to look 100 times better in person.


    I agree, this coin really lacks eye appeal.
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  • shorecollshorecoll Posts: 5,447 ✭✭✭✭✭
    That's not my look either. I'd just be suspicious of a VF looking like that.
    ANA-LM, NBS, EAC
  • zas107zas107 Posts: 831 ✭✭✭
    It's a mech error.
  • rickoricko Posts: 98,724 ✭✭✭✭✭
    Interesting.... had not seen one graded that low and PL.... Cheers, RickO
  • rheddenrhedden Posts: 6,632 ✭✭✭✭✭
    Yes, slab labeling error. There is no such thing as a VF25 PL in any series. I think they meant to say VF25 CL for CLEANED!!!!
  • johnny9434johnny9434 Posts: 29,166 ✭✭✭✭✭
    Originally posted by: Yorkshireman
    Great Southern Coins does not have a good reputation on this forum.


    i agree with that but what makes you say thats a great southern coin product? just wondering
  • NapNap Posts: 1,755 ✭✭✭✭✭
    Looks like VF details
    My medieval coin collection
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  • SonorandesertratSonorandesertrat Posts: 5,695 ✭✭✭✭✭
    Originally posted by: TPRC
    I'll wait to be educated, but my initial reaction is "that's just dumb!"


    image
    With VF wear, a coin that was originally PL would no longer have PL surfaces in exposed areas.

    Member: EAC, NBS, C4, CWTS, ANA

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  • oih82w8oih82w8 Posts: 12,548 ✭✭✭✭✭
    If I heard/read correctly, PCGS does not recognize PL on any classic coin other than Morgan Dollars.



    NGC kinda throws it around, but not too loose. I saw the 1892/1892 Barber Dime FS-302 (FS-008.4), Lawrence-102, VP-001. Repunched Date. MS-64 PL (NGC) yesterday at Julian Leidman's Table in Dallas...it's a beauty!





    https://www.ngccoin.com/certlookup/2388569001/





    Highly doubtful that PCGS would give out a PL for it though.
    oih82w8 = Oh I Hate To Wait _defectus patientia_aka...Dr. Defecto - Curator of RMO's

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  • KyleKyle Posts: 1,822 ✭✭✭✭✭
    Highly doubtful that PCGS would give out a PL for it though.


    I agree. It doesn't look at all PL, based on the photos.



    Like others have suggested, it's most likely a slab error.
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  • roadrunnerroadrunner Posts: 28,313 ✭✭✭✭✭
    It's impossible to assess PL surfaces when 75% or more of the original surfaces are worn away. In this case, the fields are gone.



    I can't believe that coin sold for well over $300.
    Barbarous Relic No More, LSCC -GoldSeek--shadow stats--SafeHaven--321gold
  • mannie graymannie gray Posts: 7,259 ✭✭✭✭✭
    A few years ago I owned an 1831 Half that was a 58ish-62 quality that was PL.

    Bought it raw, sold it raw.

    It wasn't messed with either.

    I sold it for I think $500.
  • joebb21joebb21 Posts: 4,769 ✭✭✭✭✭
    I saw it on ebay and passed.
    I remember seeing a similar coin being auctioned by stacks in their weekly sale when the 57th st. collection first hit.

    I believe the other piece was an xf pl
    may the fonz be with you...always...
  • lkeigwinlkeigwin Posts: 16,893 ✭✭✭✭✭
    Agreed. That's a label error.



    PL is not uncommon with capped bust halves. But PCGS doesn't assign the designation and as far as I can tell the market doesn't command appreciably more for them.

    Lance.
    Coin Photography Services / Everyman Registry set / BHNC #213
  • YorkshiremanYorkshireman Posts: 4,583 ✭✭✭✭✭
    Originally posted by: johnny9434
    Originally posted by: Yorkshireman
    Great Southern Coins does not have a good reputation on this forum.


    i agree with that but what makes you say thats a great southern coin product? just wondering


    The first coin on the left end of the row of photos has their logo. It is very apparent.
    Yorkshireman,Obsessed collector of round, metallic pieces of history.Hunting for Latin American colonial portraits plus cool US & British coins.
  • BustHalfBrianBustHalfBrian Posts: 4,191 ✭✭✭✭
    In this case PL stands for 'pretty lousy'.
    Lurking and learning since 2010. Full-time professional numismatist based in SoCal.
  • Desert MoonDesert Moon Posts: 5,986 ✭✭✭✭✭
    This 1823 VF25 PL is recorded in the NGC Census. If it is a label error, it made it a long way through their system. Here is what they give the Proof Like designation to:

    "Prooflike. Applies only to circulation issues. The fields are mirrored and the devices may be frosted on both sides."

    Ugly coin that to me looks harshly cleaned (polished 'mirrors'?), but what do I know.....

    Best, SH
    My online coin store - https://desertmoonnm.com/
  • sparky64sparky64 Posts: 7,041 ✭✭✭✭✭
    Although I question the PL being assigned to a coin at this grade, it's funny that the usually crappy NGC scans look way better than the sellers pics.

    "If I say something in the woods and my wife isn't there to hear it.....am I still wrong?"

    My Washington Quarter Registry set...in progress

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