New Photos: 1887-O PCGS MS-63 DMPL Morgan Dollar -- Very Tough Coin in DMPL

Stuart · November 21, 2006 1:05PM

What do my fellow forum members think about this new 1887-O PCGS MS-63 DMPL Morgan Dollar which I purchased tonight at auction? Here are the original auction photos which show the obverse well enough to see very strong cameo contrast.

I'll update this thread after receiving the coin and examining it in person.

robertpr · November 21, 2006 1:10PM

The reverse is heavily photomanipulated. The obverse image is too compressed to get a feel for the look of the coin, however with a grade of 63 I can imagine it.

Myqqy · November 21, 2006 1:19PM

I think we need decent pics to really evaluate that one- but the mirrors look to be pretty deep....

Stuart · November 21, 2006 1:51PM

Myqqy and RobertPR: Thanks very much for your constructive comments about my new 1887-O PCGS MS-63 DMPL Morgan Dollar. I agree that better quality photos are required to better define how this coin really looks -- which I will do after receiving it.

Myqqy: I agree with you that the mirrors appear pretty deep, especially as they distinctly contrast with snow white appearing frosty devices.

I was mainly trying to risk and evaluate mirror depth from the original auction photos because of the vintage of this PCGS certification, as this vintage slab is sometimes liberally graded from the perspective of DMPL mirror depth.

Coxe · November 21, 2006 3:57PM

The big deals on 87-O DMPLs are the strike and matching (obverse and reverse) luster and contrast. Bagmarks are forgiven to an extent if it is a frosty cameo that is fully detailed over the ear and the eagle's breast. It is immpossible to assess this by the images here. PCGS gave it a 64DMPL grade and it does look baggy with weak central features, commensurate with the grade. Probably a decent piece for a date set but would not likely make a good type coin at all in the grade.

HighRelief · November 21, 2006 10:48PM

Hard to tell from the pictures, but it looks like a nice frosty DMPL with deep mirrors.

dragon · November 22, 2006 4:15AM

Nice looking coin, that date is a toughie to find in DM with really nice contrast and a good strike and eye appeal.

Stuart · November 22, 2006 5:30AM

Brian and Dragon: Thanks for your observations about my new 1887-O PCGS MS-63 DMPL Morgan Dollar.

Coxe: I agree with all of your comments, except that the coin is graded PCGS MS-63 DMPL, which accounts for the contact marks that you noted from the auction photo.

As many of you know, I like to purchase high eye appeal jump grade Morgans (in the grade below the big price jump). A quick check of the Greysheet will show that this coin has a huge price jump from ~$300 in MS-63 DMPL to ~$1700 in MS-64 DMPL (5.5x).

pbfloyd · November 22, 2006 5:34AM

I like it. The O mint dmpls are always tough. Is the 1887 tougher than the 1888?

MikeInFL · November 22, 2006 5:53AM

Stuart, Can't wait to see your pics of the coin, as I don't feel comfortable commenting on the coin given the photos....Mike

Newcomp103 · November 22, 2006 6:01AM

I love this coin Stuart...Nice DMPL O's are few and far between...I have been looking for some nice 84 & 85 O's in DMPL...is it just me, or does it look like she smiles just a little bit bigger on this coin than normal??? Congrats.

Stuart · November 22, 2006 6:11AM

PBFloyd: In reply to your question below, yes, the 1887-O is much tougher than the 1888-O Morgan in DMPL.

Mike: I agree with you, although I see enough cameo contrast and light brown toning to pretty much know that I'll like this coin when I see it in person.

Newcomp103: I like your UGA Bulldog Icon!!

Coxe · November 22, 2006 7:24AM

<< <i>Coxe: I agree with all of your comments, except that the coin is graded PCGS MS-63 DMPL, which accounts for the contact marks that you noted from the auction photo. >>

I didn't catch my typo and the comments were relative to the 63DMPL grade. Will be nice to see your picss when you get it in hand. We see the bagmarks, but the central striking may also be part of the grade.

GoldenEyeNumismatics · November 22, 2006 11:49AM

Gorgeous... it is so hard to find DMPL from New Orleans during the 1880's

sweetwilliet · November 22, 2006 11:58AM

I was looking at that coin on ebay, didn't pull the trigger, but obviously you did. I think you did well, it is very tough in dmpl. Mine is 63pl and took a while to find. I am a little busy trying to buy other dates I don't have yet to buy repeats, but that one did tempt me. Great grade to buy for a dmpl of that date, the price skyrockets after 63dmpl.

lordmarcovan · November 22, 2006 12:04PM

I worry about how much that reverse photo has been tweaked. What's the seller trying to hide on the eagle's wings?

Nevertheless, it's in PCGS plastic, so there's a little less to worry about, perhaps. And if the mirrors and contrast are true to the picture, it ought to be a dazzler.

Stuart · December 13, 2006 11:47AM

As promised, here are some new photos that I took last night of my new 1887-O PCGS MS-63 DMPL Morgan Dollar, which I think turned out very well.

Upon initial examination, this appears to have been struck from rusted dies -- note reverse frosty areas in mirrored fields. I may also be the doubled eyelid variety.

As you can see from the following photos, I am also quite pleased with the coin.

1887-O PCGS MS-63 DMPL Morgan Dollar

Direct Light Photos to Show Details

Indirect Light Photos to Depict Mirrored Fields

Coxe · December 13, 2006 11:56AM

Nice, Stuart! An affordable grade and exceptional in the strike and cameo. Alitle issue above STATES, but overall a nice cameo presentation of a difficult O mint Morgan.

Fletcher · December 13, 2006 12:03PM

Wow ... that is frosty! I would really like to see a close-up of what is going on there in "STATES". Rusty die???

New Photos: 1887-O PCGS MS-63 DMPL Morgan Dollar -- Very Tough Coin in DMPL

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