Morgan reconsideration?

Morgan13 · March 14, 2026 6:00AM

Im trying to deceide what to do with this Morgan. I think about making a move often but back off. Today I am feeling like its time to make a move. I believe it is DMPL no doubt in my mind. But thats my opinion.
Its possible it did not grade DMPL because it has a light haze. You can pick up the haze better in hand. The mirrors are definetly there for it to grade DMPL I think.
Im wondering if I should send it in for reconsideration in the holder and have PCGS do the conservation. I believe if I send it in for conservation PCGS will crack it out either way. Crack it and dip it myself then send it in raw. Do nothing leave it as is.
I dont believe I have much to lose. It will come back PL if PCGS does not agree with my assessment of it being DMPL.
I do worry about keeping the 64+ though. Never know what's going to happen.
Its also is a gold shield but does not have a true view.
It must have been graded before the true views started.
The pop reports are pretty low for the VAM41a 7/8tf. The value increases dramatically for DMPL's but thats not really my motivation.
Pop reports are pretty low with 30 total for both PL and DMPL. 2nd finest in PL.
This coin is one of my favorites. The devices are so nice with tremendous contrast. I am not motivated to sell it at all. Getting it into a DMPL slab is what I am hoping for.
I also believe the area behind liberties neck are a planchet flaw. Maybe, maybe not. I dont know how much it will affect the grade if it is a planchet flaw. A little insight would be welcomed.
I am not a talented photographer so I took a few different images.

MFeld · March 14, 2026 7:24AM

You wrote: “I’m wondering if I should send it in for reconsideration in the holder and have PCGS do the conservation.” I don’t understand how you can do both of those things. If you have it conserved, wouldn’t that preclude the “reconsideration” option?

You also wrote: “The value increases dramatically for DMPL's but thats not really my motivation.”
If that’s really the case - and I admit to being skeptical about that - what is your motivation?

Why not leave the coin alone and enjoy it for how it looks, rather than putting yourself through all of these mental exercises?

Morgan13 · March 14, 2026 7:47AM

@MFeld good points.
My motivation is mainly that I believe the coin is DMPL and would be a nice upgrade from its current grade.
I do enjoy it for what it is but when I take a peek at it from time to time I do think "this coin is dmpl".
Happened again this morning while organizing a few things so I figured I would put it out there.
Your correct about the way I wrote the reconsideration scenario. I made a mistake.
I would like to have a true view of it. In the same breath its not my main motivation. Its secondary as the true views have been lacking lately.
Value is also a motivating factor but its secondary. What if I kick the bucket and my son decides to sell everything. I may have missed an opportunity to have a more valuable coin to be sold.

coinkat · March 14, 2026 7:53AM

No

MFeld · March 14, 2026 8:17AM

@Morgan13 said:

…Value is also a motivating factor but it’s secondary. What if I kick the bucket and my son decides to sell everything. I may have missed an opportunity to have a more valuable coin to be sold.

This particular coin and decisions aside, I recommend to anyone with a collection of any meaningful value that they leave instructions for their family members and/or significant others. And that those instructions include contact information for trusted numismatists/companies who can help with the sale (or maintenance) of the collection.

oldglorycoins · March 14, 2026 10:31AM

Your main goal should be too get this in a 65 holder here's why:
It actually has a fair chance, because they already called it a 64+
Graysheet for your coin as is (64PL) is $840
Greysheet for it in a 65 is $3800
Unfortunately they don't give bid for the DMPL, but while it would definitely be better off in a 65, rather than a DMPL 64

Morgan13 · March 14, 2026 10:36AM

@oldglorycoins said:
Your main goal should be too get this in a 65 holder here's why:
It actually has a fair chance, because they already called it a 64+
Graysheet for your coin as is (64PL) is $840
Greysheet for it in a 65 is $3800
Unfortunately they don't give bid for the DMPL, but while it would definitely be better off in a 65, rather than a DMPL 64

@oldglorycoins
Its a 64+ if that matters with greysheet. I paid alot for this coin.
I have difficulty believing it would be better off in a 65pl than a 64dmpl but what do I know.
What are you looking the price under?
7/8 tailfeathers?

RedRocket · March 14, 2026 10:37AM

@oldglorycoins said:
Your main goal should be too get this in a 65 holder here's why:
It actually has a fair chance, because they already called it a 64+
Graysheet for your coin as is (64PL) is $840
Greysheet for it in a 65 is $3800
Unfortunately they don't give bid for the DMPL, but while it would definitely be better off in a 65, rather than a DMPL 64

Red 90% agrees.

oldglorycoins · March 14, 2026 10:43AM

@Morgan13 said:

@oldglorycoins said:
Your main goal should be too get this in a 65 holder here's why:
It actually has a fair chance, because they already called it a 64+
Graysheet for your coin as is (64PL) is $840
Greysheet for it in a 65 is $3800
Unfortunately they don't give bid for the DMPL, but while it would definitely be better off in a 65, rather than a DMPL 64

@oldglorycoins
Its a 64+ if that matters with greysheet. I paid alot for this coin.

There's no such thing as a Plus+ grade in greysheet, it makes so that sleezy dealers can WAY overcharge, because they say that its a low pop, and a 'Rare' Plus+. i see it happen all the time

Morgan13 · March 14, 2026 11:07AM

@oldglorycoins it probably happened to me.
I remember the dealer telling me the price had to do with the plus grade.
Oh well what else is new.
One more reason I won't be selling it. I like the coin so thats a +.
I wonder why they dont have dmpl listed.
I purchased this coin when I was somewhat a newbie. Ive had it for maybe 2 or 3 years.
Btw thank you for the information.

MFeld · March 14, 2026 12:25PM

@Morgan13 said:
@oldglorycoins it probably happened to me.
I remember the dealer telling me the price had to do with the plus grade.
Oh well what else is new.
One more reason I won't be selling it. I like the coin so thats a +.
I wonder why they dont have dmpl listed.
I purchased this coin when I was somewhat a newbie. Ive had it for maybe 2 or 3 years.
Btw thank you for the information.

CDN aside, plus graded coins typically sell for premiums - often, significant ones.

DesertCoin · March 14, 2026 12:36PM

They shouldn’t downgrade it if you send it in the holder for reconsideration. Read the terms, but in 95% sure when I last read them they would not remove it from the holder unless it equals or upgrades.

Rc5280 · March 14, 2026 12:40PM

" they would not remove it from the holder unless it equals or upgrades."

pursuitofliberty · March 14, 2026 12:55PM

My 2c, just from a "not sure" how it would grade perspective ... although I see areas where the frost may not be strong enough and the mirrors not deep enough for how I think I understand Morgan grading (believe me, I do NOT). I also do not think it is a 65, most days.

Anyway ... here's my not based on grade logic ... I suspect the coin has been "reconsidered" once before. I say this because the certification number would suggest it was graded some time prior to when I think the plus designation was added, and if that is the case, then maybe it got the plus because it was a liner on the PL/DMPL scale?

I'm with @MFeld on the overall ... "Why not leave the coin alone and enjoy it for how it looks" ... especially if you aren't planning on selling it.

Morgan13 · March 14, 2026 1:11PM

@MFeld
@pursuitofliberty
I'm going to leave it be.
The DMPL situation comes and goes. You do not need frosty devices to achieve dmpl. This is what I have learned on this board. My coin does have a strong contrast.
I ask for advice here and I take it.
This coin would not grade 65.
That much I know.
Its really hard to judge this coin just from images. In hand its really nice.
My images are lacking.
The coins are back in my safe.
I dont know if the coin was sent back to pcgs in the past or not.
Thanks for the advice.

coinbuf · March 14, 2026 2:30PM

@Morgan13 said:
Im trying to deceide what to do with this Morgan.

How will you feel about the coin if you spend the money for dipping and reconsideration and it comes back the same grade? From your photos I think the coin is maxed out in this holder. There is no way it should get a grade bump with that cheek, and it just does not look DMPL in the photos.

Edited to add: After I replied I see your last post that you have decided to leave it alone, seems the best course to me.

1madman · March 14, 2026 4:40PM

If this were my coin, I would send it in for conservation first. They’ll clean it up, then regrade it. They will look at both bumping it up to 65 as well as bumping to dmpl.

If that doesn’t change the grade or designation, then I would send it in for reconsideration and check the box of “suffix” to have pcgs exclusively go for dmpl status. I would highly recommend you do this reconsideration step as a show grade coin.

It’s not exactly a matter of you wanting to sell the coin now, it’s that you need to get the coin ready to sell in the future. Leaving it linger in a subpar grade or designation holder will just create work down the line. Try and get it done now.

Morgan13 · March 14, 2026 5:03PM

@1madman I appreciate your thoughts and I dont disagree with you.
However, for now I am going to leave be.
Your thinking is the same as mine though.
Pictures cant do this coin justice.

Rampage · March 14, 2026 6:01PM

@oldglorycoins said:
Your main goal should be too get this in a 65 holder here's why:
It actually has a fair chance, because they already called it a 64+
Greysheet for your coin as is (64PL) is $840
Greysheet for it in a 65 is $3800
Unfortunately they don't give bid for the DMPL, but while it would definitely be better off in a 65, rather than a DMPL 64

They do give DMPL, you just have to look at the digital version. It is all there.

jmlanzaf · March 14, 2026 6:21PM

.

cheezhed · March 15, 2026 4:48PM

If you really want an accurate assessment of the coin send it to CACG.

SurfinxHI · March 15, 2026 5:05PM

You would lose the sweet rim toning on conservation. But my guess is dip = DMPL.

Surf

BigAl · March 15, 2026 8:54PM

My opinion, for what it’s worth:
1. I’ll take a 64DM over a 65PL almost every time, and this is one of those times.
2. If you dip it, I bet you lose the + and you end up with a 64PL

ProofCollection · March 15, 2026 10:20PM

In my experience restoration will not improve the mirrors - haze does not seem to affect the mirror quality even though it seems like it should. A new set of eyes may grant the coin a DMPL if it is borderline. I don't think resto will help much but if you think "PCGS got it wrong" the first time with regard to PL/DMPL then I would send it in for regrade, not reconsideration, and let them grade it fresh again. If you crack it out yourself you stand a good chance of losing the +. I do not see it going 65. Restoration does not add that much to the service cost so it doesn't hurt to add that but I kind of like the rim toning.

Morgan13 · March 16, 2026 12:28AM

I like the rim toning also. It pairs up nicely with the black and white.
As far as the pl and dmpl debate goes I feel confident this coin has 8 inches of depth.
Thats my opinion.
What matters will be what pcgs thinks if the time comes that I will follow through with a submission.

raycyca · March 16, 2026 3:09AM

I find that if I submit a coin for reconsideration, they will leave it in the old holder unless it gets an upgrade that request. Such as if you want it to regrade either by a plus or numerically higher, then it will be cracked out and re-holdered. This is one way to keep it in the old holder. So I would use this choice and also JUST a new photograph of the coin and you'll see what it looks like IF photographed by a professional photographer.
I think your coin will get the DMPL holder if it gets submitted for reconsideration. I have a couple of proof coins in older green holders graded as PR 69 and a 1983 Washington quarter graded as a PR 70. Of course both would get a DCAM designation by today's standards, but they aren't graded as such. The 1983 Washington is a POP 1. It doesn't need to be re-graded, I'll just keep it as an oddity. I don't know when they were graded. I DID submit a Morgan that wasn't graded as a cam or DC so I submitted it and it did get a DCAM designation.
I submitted 5 coins a year or so ago. One of the coins was resubmitted for the 4th time, but, it got rejected because it was now deemed as an SMS coin where the last few times it got the regular MS designation.
From past submissions I learned that in my specialty, it's better to submit them under the "regrade" option. If I submit them under the "reconsideration" option, they won't get a good look at the coin. I feel they will take the scratches, etc. on the holder and think that's on the coin so it takes away from getting a true look at the coin itself. Under my last submission, I sent in 5 coins. One got a true look at the coin and was changed to the SMS designation. BAD for me! The other 4 coins each received an upgrade which cost me more for the submission because it added $10,475 value to the order.
So I think the best way to get the biggest bang for your buck, I would submit it under the reconsideration option requesting a photograph. That way you can get a new photo, and request that it be reconsideration for ANY degree of upgrade. That way you should ONLY have it removed from the holder if it gets a higher grade by the number or the designation. Good luck. Just my fifty cents.

Morgan13 · March 16, 2026 6:07AM

This is a DMPL-

This is my coin-

Judging from images alone I dont see much of difference.
I believe the numerical grade is maxed out also.
Testing out the fields for mirror reflection I obviously believe they qualify for DMPL.
Reflection is sharp from 8 inches away.
I really appreciate everyone's responses.
Im going to bring it to a local show next month just to get sone experienced in person opinions.
It does make for interesting conversation to me.

BigAl · March 16, 2026 9:02PM

Long ago I cracked a completely toned (all brown, obv and rev) 79P out of a pcgs holder, dipped it, and couldn't believe the mirrors behind the toning. Sent it off to pcgs and came back 64DM. So from no designation to DM.

Point being that toning will affect depth and reflectivity, and I don’t think pcgs graders attempt to “look through” the toning to gauge depth - it just is or isn’t dmpl with the toning.

Drawback to dipping a toned silver coin is that it will accentuate any chatter or hits on the coin. Dipping causes glint, which will stand out and could hurt the numeric grade.

ProofCollection · March 16, 2026 9:42PM

@raycyca said:
I find that if I submit a coin for reconsideration, they will leave it in the old holder unless it gets an upgrade that request. Such as if you want it to regrade either by a plus or numerically higher, then it will be cracked out and re-holdered. This is one way to keep it in the old holder. So I would use this choice and also JUST a new photograph of the coin and you'll see what it looks like IF photographed by a professional photographer.
I think your coin will get the DMPL holder if it gets submitted for reconsideration. I have a couple of proof coins in older green holders graded as PR 69 and a 1983 Washington quarter graded as a PR 70. Of course both would get a DCAM designation by today's standards, but they aren't graded as such. The 1983 Washington is a POP 1. It doesn't need to be re-graded, I'll just keep it as an oddity. I don't know when they were graded. I DID submit a Morgan that wasn't graded as a cam or DC so I submitted it and it did get a DCAM designation.
I submitted 5 coins a year or so ago. One of the coins was resubmitted for the 4th time, but, it got rejected because it was now deemed as an SMS coin where the last few times it got the regular MS designation.
From past submissions I learned that in my specialty, it's better to submit them under the "regrade" option. If I submit them under the "reconsideration" option, they won't get a good look at the coin. I feel they will take the scratches, etc. on the holder and think that's on the coin so it takes away from getting a true look at the coin itself. Under my last submission, I sent in 5 coins. One got a true look at the coin and was changed to the SMS designation. BAD for me! The other 4 coins each received an upgrade which cost me more for the submission because it added $10,475 value to the order.
So I think the best way to get the biggest bang for your buck, I would submit it under the reconsideration option requesting a photograph. That way you can get a new photo, and request that it be reconsideration for ANY degree of upgrade. That way you should ONLY have it removed from the holder if it gets a higher grade by the number or the designation. Good luck. Just my fifty cents.

Yes but in his case there is no reason to preserve the existing modern holder.

TallahasseeCoinClub · March 17, 2026 2:46PM

No way would I recommend messing with a coin like this. That spot could be indicative of "something else" hiding on the surface. Also, deeper mirrors (whether or not you got the designation upgrade) could unfairly exaggerate hairlines or other surface abrasions and thus lower the numeric grade.

skier07 · March 17, 2026 3:58PM

It’s impossible to tell from a picture if a coin is truly DMPL. A picture might strongly suggest a coin is DMPL but the coin needs to be evaluated in hand.

Morgan13 · March 18, 2026 6:43AM

Yea im going to leave it be. As I said its so tempting but I agree with everyone's comments.

MFeld · March 18, 2026 8:18AM

@skier07 said:
It’s impossible to tell from a picture if a coin is truly DMPL. A picture might strongly suggest a coin is DMPL but the coin needs to be evaluated in hand.

I agree and think that in many cases, the same goes for the determination of PL examples.

JJM · March 18, 2026 8:42AM

Looks accurately graded as it is. But it seems like you think its better
Always go with your gut feeling
Jmho

Morgan13 · March 18, 2026 10:14AM

No strong polishing lines or hairlines.
I compare this coin with other DMPL I have in my collection and appears the same if not better.
Its also hard to tell when its in the holder because of the reflection off of the holder.

Morgan reconsideration?

Comments

Leave a Comment