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Replies: 23 / Views: 3,106 |
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Valued Member
Canada
107 Posts |
I got the difference between PL and MS coins, so it comes to my second question, if I have a PL set of 1963, I open the holder and put the coin in my pocket for a few months, then can you tell the difference between this particular Proof set coin vs. a MS70 circulated one?
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Pillar of the Community
Canada
1923 Posts |
They have different finishes
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Pillar of the Community
 Canada
5595 Posts |
Any coin that you put in your pocket for a few months, or even a few weeks would no longer be an MS-70 or even MS 63 coin. PL coins from sets are purchased in pliofilm or sets and spend their life in a drawer, album or folder and remain mint state. As such, all of them are going to 63-65 forever and ever. Everyone that has a PL coin then doesn't have anything better than the next person. Since "worth" is supply and demand, then you have many more "suppliers" and no demand, so the price drops appropriately.
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Valued Member
Canada
107 Posts |
yes, I checked an video and some other posts related to the topic, the PL coins have mirror like surface (better polished planchet). In this example it is quite easy to see that. But given that it is a silver dollar, which is softer than steel coins, do you think it's possible that some one could fake from the PL coin to a MS coin?
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Pillar of the Community
 Canada
5595 Posts |
Yes, ebay is full of people who try just that and many are reported to ebay and some have their selling privileges withdrawn
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Valued Member
Canada
107 Posts |
Thanks @okiecoiner for the information. I was always confused why some silver dollars in perfect state sold just for 20 to 40 dollar, but some in worse state sold for very high price. With the knowledge that coins could be made old artificially, I always stay away from old coins.
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Pillar of the Community
Canada
3328 Posts |
Do proof sets say proof on them? I have only ever purchased one set, was not stored properly but only paid 36$ or so after shipping for it. 1967 mint set, just says mint set. Black cardboard holder in a plastic case. Is there mint sets non PL?
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Pillar of the Community
Canada
3733 Posts |
Quote: Black cardboard holder in a plastic case That was not an official mint released product, that is after market..Could be any mix of coins in it. Mostly ms type coins. Not pl.. But some people did take their coins out of the pl packaging and put them in the after market holders.
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Pillar of the Community
Canada
3328 Posts |
Took me a bit to find the photo. So this is the set I purchased. Is it a PL set? Is UNC set the same thing? 
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Valued Member
Canada
107 Posts |
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Pillar of the Community
Canada
3328 Posts |
There is most definitely no way to accurately grade the coins from the set I posted from the photo, the dime is the worst tarnishing but overall wear is not visible from looking at a far away shot through plastic lol. I was more specifically asking if there is both uncirculated sets and PL sets or if they are all PL.
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Pillar of the Community
Canada
1624 Posts |
In 1967 the RCM issued both a PL (proof like) package in pliofilm  And a specimen set (in either a black box with the $20 gold or a red box with a silver medallion) 
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Pillar of the Community
Canada
3328 Posts |
@johnnysprawl, thanks for the info. Those two packages show are not the only ones I have seen though. My fiances mom has 4-5 1967 sets I think 1-2 two were in a case with velvet.
Anyways so this set would not be a set issued by the mint? In other words could be PL or circulated?
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Pillar of the Community
Canada
1624 Posts |
Quote: were in a case with velvet In my second photo, the coins are in a velvet holder Quote: Anyways so this set would not be a set issued by the mint? In other words could be PL or circulated? You mean your photo of the black cardboard holder? As silverwolf mentioned, it's an aftermarket item 1967 sets were not issued by the RCM in either cardboard holders nor plastic holders; only pliofilm, a red box, or a black box
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Pillar of the Community
Canada
557 Posts |
Excellent explanation by the vets! I'll stick with MS coins that have been graded by a TPG. ebay is the right environment for scammers, but there are a lot of good, honest sellers too. You just need to do your research on not only the coin, but the person listing it.
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Replies: 23 / Views: 3,106 |
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