CAC opinion on DMPL Morgans

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scubafuel
scubafuel Posts: 2,080 ✭✭✭✭✭
in U.S. Coin Forum

Apologies in advance for yet another CAC thread.

Can someone remind me whether CAC examines the "DMPL" designation stated on PCGS holders when evaluating for a green sticker? If so, are their criteria the same as PCGS? What has been your opinion of their accuracy?

Thanks!

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  • MFeld
    MFeld Posts: 17,132 ✭✭✭✭✭
    edited November 7, 2021 9:08AM
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    Yes, CAC makes their decisions in consideration of designations, such as DMPL, FB, FBL, etc. I’ve seen very few CAC DMPL’s that I thought were only marginal. Others might have had different experiences.

    Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.

  • cjdilego
    cjdilego Posts: 32 ✭✭✭
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    Hi, here are two examples of coins that I sent to CAC and received green stickers for them. Hopefully this helps.

  • DelawareDoons
    DelawareDoons Posts: 3,444 ✭✭✭✭✭
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    CAC's standards for PL and DMPL are below what most serious PL and DMPL collectors would consider to be PL and DMPL.

    I disregard CAC stickers on PL's and DMPL's, to be candid.

    "It's like God, Family, Country, except Sticker, Plastic, Coin."

  • coinbuf
    coinbuf Posts: 12,567 ✭✭✭✭✭
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    Its my understanding that the only designation CAC ignores is the + and *. Here is one PL I have with the bean, I personally think the PL designation it fitting.

    My Lincoln Registry
    My Collection of Old Holders

    Never a slave to one plastic brand will I ever be.
  • Che_Grapes
    Che_Grapes Posts: 1,890 ✭✭✭✭✭
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    CAC is not accepting coins from non-members at the moment - and they have closed the membership too.

  • MasonG
    MasonG Posts: 7,569 ✭✭✭✭✭
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    @MFeld said:
    I’ve seen very few CAC DMPL’s that I thought were only marginal.

    Now you've done it. There'll be people scouring the internet for the next few days at least, looking for examples to disprove your experience, you know.

  • DelawareDoons
    DelawareDoons Posts: 3,444 ✭✭✭✭✭
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    I should add that my standards for PL/DMPL are fairly rigorous.

    "It's like God, Family, Country, except Sticker, Plastic, Coin."

  • Zoins
    Zoins Posts: 34,489 ✭✭✭✭✭
    edited November 7, 2021 12:16PM
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    @DelawareDoons said:
    CAC's standards for PL and DMPL are below what most serious PL and DMPL collectors would consider to be PL and DMPL.

    I disregard CAC stickers on PL's and DMPL's, to be candid.

    What are your definitions for PL and DMPL?

    PCGS uses the following:

    • PCGS defines surface Prooflike as clear reflection in the fields on both sides as viewed from two to four inches away. A misty effect or striations may impede the reflectivity.
    • The PCGS definition for Deep Mirror Prooflike is clear reflection in the fields on both sides from at least six inches away. There must be full, undistorted reflectivity on both the obverse and reverse.

    https://www.pcgs.com/news/pcgs-adds-pl-and-dmpl-designations

    Private Mint News | 2010 Lincoln Reverse Finalists
  • DelawareDoons
    DelawareDoons Posts: 3,444 ✭✭✭✭✭
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    @Zoins said:

    @DelawareDoons said:
    CAC's standards for PL and DMPL are below what most serious PL and DMPL collectors would consider to be PL and DMPL.

    I disregard CAC stickers on PL's and DMPL's, to be candid.

    What are your definitions for PL and DMPL?

    PCGS uses the following:

    • PCGS defines surface Prooflike as clear reflection in the fields on both sides as viewed from two to four inches away. A misty effect or striations may impede the reflectivity.
    • The PCGS definition for Deep Mirror Prooflike is clear reflection in the fields on both sides from at least six inches away. There must be full, undistorted reflectivity on both the obverse and reverse.

    https://www.pcgs.com/news/pcgs-adds-pl-and-dmpl-designations

    I agree with the PCGS definition as it is applied at present times. It hasn't always been applied so consistently though.

    "It's like God, Family, Country, except Sticker, Plastic, Coin."

  • jmlanzaf
    jmlanzaf Posts: 43,046 ✭✭✭✭✭
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    @Che_Grapes said:
    CAC is not accepting coins from non-members at the moment - and they have closed the membership too.

    They never accept coins from non-members.

    The membership opens and closes. You just need to be on the waiting list.

    All comments reflect the opinion of the author, even when irrefutably accurate.

  • alefzero
    alefzero Posts: 1,204 ✭✭✭✭✭
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    I had some of my prooflike set sent to CAC in their early days and got quite a few stickered, still have one or two DMPLs from that.

  • Fishpro
    Fishpro Posts: 389 ✭✭✭
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    I look for DMPL Morgan’s with the CAC stickers. The CAC sticker is for the whole coin,

  • cameonut2011
    cameonut2011 Posts: 10,869 ✭✭✭✭✭
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    Yes. CAC review considers all grade modifiers except for the plus and star designations. This includes PL, DMPL/DPL, CAM, DCAM/UCAM, copper color designations, and strike designations.

    My personal experience is that CAC is a little loose on PL/DMPL designations, but I doubt the forum and the market care what I think.

  • scubafuel
    scubafuel Posts: 2,080 ✭✭✭✭✭
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    Thanks guys, this is very helpful!

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