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 Replies: 20 / Views: 2,789 |
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Valued Member
Canada
121 Posts |
Hi all, looking for your opinions re grade for this recent acquisition. Not the best lighting or pictures as it looks like the background reflection was picked up off the coin by the camera. Thanks   Edited by lenver
09/28/2016 10:30 pm
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Pillar of the Community
Australia
7096 Posts |
Hard to tell from those images but it looks to be in the PL64-65 range, Nice coin  |
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Pillar of the Community
Canada
2438 Posts |
You mean ms64-ms65 range.
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Pillar of the Community
Australia
7096 Posts |
Quote:
You mean ms64-ms65 range. Do I? PCGS may grade these as MS but they are a Proof like coin, so I think that PL is quite appropriate 
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Pillar of the Community
Canada
1191 Posts |
PCGS may grade them as PL, but they are incorrect far more often than not. Great care was taken in striking and transporting these 1949 dollars, so they are found with more PL-ish surfaces and in nicer shape than other 1940's date coins.
64 or maybe 65 looks right.
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Pillar of the Community
Canada
2438 Posts |
No PL's were minted for the 1949 dollar.
That was my point.
Just MS and SP only for 1949 (according to ICCS).
PCGS grades these as 'PL'.
This is incorrect and the reason for my first post.
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Valued Member
Canada
121 Posts |
Don't want to argue the point but the coinsandcanada site has prices for PL's and SP's listed. Is this because of mis-attribution by graders or do PL's really exist?
Edited by lenver
09/29/2016 12:27 pm
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Pillar of the Community
Canada
2438 Posts |
Probably mis-attribution.
I actually own one of the only (I think) 1949 $1 in a 'PL' holder.
It was an early mistake on their part as they have never graded a 1949 as PL since.
The coin I have is mis-attributed and is an MS coin, not a true 'PL'.
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New Member
Canada
4 Posts |
Am opening this old post to make a couple of observations, and hope for even more discussion.
The 2001 Charlton Red hard cover Collectors Edition lists 1949 dollars as PL65 on page 135, Mirror Specimen and Mirror Proof on page 173 and a SP66 6 coin set for 1949 on page 174.
Canadian Coin News now lists 1949 as PL-64, 65, 66 in the Early Proof-like Singles section, the latest I have handy is May 24, 2022.
I open this again to see if any further developments have changed this threads opinions that PCGS made errors (probably some), and that no PL 1949 dollars were minted? I have chased for a PL '49 for my Pl set for several months. And lack of ICCS or CCCS PL's lend to not trusting the PCGS (And a single ICG slabbed coin)
that said,
I recently purchased from a reputable dealer in Canada a 1949 that they attributed as PL-65. In comparison to other high grade MS I have, plus one more interesting '49, hold some degree of confidence I see differences. Plans are to raise it with a Canadian Grading company for discussion.
Before I try to scan for these minute differences, let the debate continue.
thanks
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Pillar of the Community
Canada
1427 Posts |
I have an ICCS PL64 Dollar, picked it up in 2018, not sure if doubleeagle59 sold theirs or not, if not, there is at least 2 and I am sure I have seen others in ICCS. Mine is an Old embossed 2 letter holder.
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New Member
Canada
4 Posts |
Hey great to have your response. I pulled out my 2014 ICCS report to read over again. I had been looking under the Proof-Like sections pages 80-93 where there are no PL 1949 dollars listed.
Seems I had not read far enough... Found on page 113 that that by 2014 ICCS had issued 35 Specimen and 4 Proof certifications. Perhaps these are tied to the Charlton listings of 2001 for the Mirror version. you are lucky to have!
If you or anyone else has the 2016 ICCS book, would be interesting to compare those figures to 2014.
Am still hoping to find a 2016 ICCS book come available.
thanks again for your post. B
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Pillar of the Community
United States
3402 Posts |
I'll in with MS-64...though it does have characteristics of a proof...and at first glance I thought it was.
KK
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Moderator
United States
122582 Posts |
 to the Community, 1858AoverA!
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New Member
Canada
4 Posts |
Thanks, I have stopped by now and then. Research on the subject found me here again, so I signed up.
To KK, your post is pretty much sums up the challenge with the 1949 dollar.
For those who might not know, it was the 3rd commemorative silver dollar Canada issued. (1935, 1939 previously)
It was for the entry of Newfoundland into Canada as a province, leaving behind it's former status as a British Colony.
Like many commemorative coins, people tended to keep them.
The Canadian Mint, as far as I know, rolled this for distribution rather than bag them. This would account for the high availability of near perfect coins, lacking the usual scratches and marks. After all it has large flat fields that beg to be preserved. Other PL vs MS silver dollars are discernable especially in the field treatment. The 1949 was beautifully struck for circulation, and as pointed out earlier, there are records of Proof and Specimen. The question (s) is (are).. why so few ICCS, (CCCS?)certified PL1949 dollars , compared to PCGS. especially in comparison to other Geo VI
Looking at data... ICCS indicated in their 2014 report NO 1949 PL (yet we see in this thread certificates exist), 4 PF, and 36 SP. PCGS has no PF, but 352 PL*.
While Canadian Coin News has PL listings for 1949 dollars back as far as 2012, are these listings based on data from investigation of source material, or market driven, which would be mostly PCGS slabbed coins? (which may be just high MS versions or PR, or SP, but not distinctly different?) I think I have to ask them!
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Pillar of the Community
United States
3402 Posts |
Could the population discrepancy between ICCS and PCGS just come down to PCGS's lower level of familiarity with Canadian coins versus that of ICCS?
KK
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Pillar of the Community
Canada
1321 Posts |
There are no 1949 PLs. They are either specimens or circulation strikes. I called ICCS about this, and they said that the 49's that they previously attributed as PL's are just high grade circulation strikes; hence why there are so few ICCS PL designations, are no longer graded as such, and are no longer in their most recent population report (2016). I would imagine the same goes for NGC/PCGS, as like Kopper Ken mentions, they are not as familiar with Canadian coins. I would never buy a PL-graded 1949 from these TPG's as they are most certainly circulation strikes. |
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Replies: 20 / Views: 2,789 |
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Posted 09/28/2016 10:45 pm
