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Pillar of the Community
United States
6370 Posts |
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Pillar of the Community
 United States
5828 Posts |
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Pillar of the Community
Canada
4944 Posts |
Quote: MS-64 PL. Nice coin! I don't believe PCGS gives PL designations to Liberty nickels. I agree with MS-64.
Edited by Canadian-Banknotes 04/30/2016 8:15 pm
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Pillar of the Community
 United States
5828 Posts |
Quote:I don't believe PCGS gives PL designations to Liberty nickels. Still, the whole point is to give it the grade you would give it. This coin is PL, weather or not PCGS decides to mention that has no effect on what the coin really is. Buy the coin, not the slab.
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Pillar of the Community
Canada
4944 Posts |
Quote: Still, the whole point is to give it the grade you would give it. This coin is PL, weather or not PCGS decides to mention that has no effect on what the coin really is. What criteria do you use to determine whether or not a Liberty nickel is PL or not? Is it clear reflection in the fields from 2-4" away (The same as a Morgan dollar)?
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Bedrock of the Community
Canada
11922 Posts |
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Pillar of the Community
 United States
5828 Posts |
Quote:What criteria do you use to determine whether or not a Liberty nickel is PL or not? The ANA defines a proof like coin as Quote: "an uncirculated coin with a mirrorlike reflective surface but lacking the full characteristics of a proof..." At the Morgan dollars it basically says "1" to 2" semi prooflike, 2"to 4" prooflike, and beyond 4" is deep mirror prooflike". The ANA doesn't have prooflike standards for any nickel. It is simply up to the company grading the coin to determine what grade it is and what designation it gets. Keep in mind that a grade is not scientific... Coin grades are opinions on coins. you can get an AU morgan and submit it enough times to get a MS slab. Again, buy the coin for the eye appeal not for the numerical grade (coin not the slab).
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Pillar of the Community
Canada
4944 Posts |
Quote:The ANA doesn't have prooflike standards for any nickel. This is why I asked. How would someone know a PL from a non-PL nickel when there isn't measurable criteria set out for determining whether or not a Liberty nickel is prooflike? Just because a Morgan dollar has reflective fields, doesn't necessarily make it a PL coin.
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Bedrock of the Community
 United States
12057 Posts |
I do not consider the coin PL. It is very well struck and has sharp definition but the contrast is not really present to the extent that it looks in the images.
Member ANA - EAC - TNA - SSDC - CCT #890 "Most of the things worth doing in the world had been declared impossible before they were done." -- Louis D. Brandeis
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Pillar of the Community
United States
901 Posts |
The strike indicates a proof coin. Many Lib Nickels I had graded in 1980's; PGCS graded MS now regrade as proofs. Modern grade PR-64 CAM. 1980's grade MS-65, or MS64 green label.
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Pillar of the Community
United States
3546 Posts |
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Pillar of the Community
 United States
5828 Posts |
From the ANA grading standards: Quote: Not all proofs of this series are of the same brilliance. Some dates [of proof coins] in the 1880s and 1890s merely have a frosty appearence, but can be identified as Proofs by their shart edge. Now, combine with the earlier posts, I'm thinking it might be a very used proof die...
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Bedrock of the Community
 United States
12057 Posts |
PCGS says MS65 and I agree 100%. Coin has die issues but is otherwise completely a 65 with strike, luster, surfaces, and lack of injury. Yes, it is semi-PL, but not fully PL by any means. Regardless, it is, without a doubt, one of the sharpest non-Proof strikes I've ever seen on a V nickel.  
Member ANA - EAC - TNA - SSDC - CCT #890 "Most of the things worth doing in the world had been declared impossible before they were done." -- Louis D. Brandeis
Edited by paralyse 05/01/2016 11:36 am
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Pillar of the Community
 United States
5828 Posts |
Still, nice coin 
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Pillar of the Community
United States
3546 Posts |
Quote: ...."A few, small scattered marks may be present, but not a single, large obvious mark that detracts from the overall nice appeal of the coin." The above verbiage is what I always use for MS Morgan/Peace and generally applies at this corresponding level for the majority of, if not all, US MS coins. It seems that 64 would broadly be the cutoff point at which an obviously distracting obverse ding like this one at star 12 slides by for 65 suitability. 65 would have been my guess if I had reviewed these aforementioned notes b4hand. This is why I appreciate these grading forums immensely since they develop one's proficiency in 'more precisely and timely" nailing down the legitimate grade: a money-saving skill so desperately required in fast-paced auctions... It supports me in making CCF donations more often than not. 
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