1953 Canada Dollar Grade Help ! - Coin Community Forum

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Author	Replies: 10 / Views: 2,693
JeyRey2000 Pillar of the Community Canada 743 Posts	Posted 06/23/2014 10:58 am Good day all, looking to pick up a silver dollar that is fairly priced. Just need opinion on grade before I commit. Report this Post to the Staff

JoeGlantz1 Valued Member United States 55 Posts	Posted 06/23/2014 11:33 am Not sure about grading, but I do have to say that it almost appears prooflike (almost) with its frosted over mirror appearance. Very nice. Report this Post to the Staff
thedollarman Pillar of the Community Canada 4911 Posts	Posted 06/23/2014 12:01 pm amazing coin!, appears no lower than a 63 but I would gamble on it being near or at 65. love the heavy cameo obverse with so many die cracks! Feel free to call me Will. Report this Post to the Staff
wireman09 Pillar of the Community Canada 972 Posts	Posted 06/23/2014 5:12 pm 1953 SF MS-64 Very nice dollar. Report this Post to the Staff
JeyRey2000 Pillar of the Community Canada 743 Posts	Posted 06/23/2014 5:47 pm Would this coin not get a PL rating from ICCS? The cameo is heavy and everything sharp. WHat would trigger a PL rating for this coin? Makes a huge difference between PL64 and MS64 Report this Post to the Staff
wireman09 Pillar of the Community Canada 972 Posts	Posted 06/23/2014 6:39 pm My understanding of PL dollars of 1953 is they are no different from business strikes. The difference is they were usually the first struck with newer dies and were hand picked to be best. They never were bagged. They are distinguished by the sharpness of the devices and minimum contact marks on the high points and fields. Your coin could very well be a PL but it would have to be seen in hand. It also could possibly make MS65. As mentioned this is my understanding of 1953PL dollars and could very well be wrong. Some of our other members may have more info on these dollars. I also do believe that this only applies to 1953 dollars. Hope that helps and very nice dollar. Report this Post to the Staff
wireman09 Pillar of the Community Canada 972 Posts	Posted 06/23/2014 7:08 pm Here's a dollar to use for comparison JeyRey. Report this Post to the Staff
JeyRey2000 Pillar of the Community Canada 743 Posts	Posted 06/25/2014 12:58 pm So if there are no actual PL coins pre 1954 then how would ICCS grade and mark it as PL? I have even seen some PL64 or 65 1953 dollars. Report this Post to the Staff
wireman09 Pillar of the Community Canada 972 Posts	Posted 06/25/2014 8:23 pm Nobody said they are no 1953 PL dollars. What I said was they are not easy to identify from high grade 1953 business strikes. The mint took greater steps in 1954 to 1967 to produce PL dollars with strong devices and mirror fields. These dollars are easily recognized from business strikes. This is not the case with 1953 PL dollars as basically they were just hand picked business strikes that they selected with strong strikes and took greater care in handling. If my memory is correct there was only 1200 minted. If my memory is correct 1953 is the only year where a PL dollar is worth more than a MS65 business strike of the same year. All other years the MS65 business strike is worth more than a PL dollar of the same year. Also a cameo has nothing to do with it being a PL as they are found on business strikes as well. IMHO the dollar you pictured is not a PL but is a business strike because of the die cracks. I do not believe it would have been hand picked in 1953 as a PL because of the cracks, but I could be wrong as there are exceptions ie: 1955 PL Arn. w/die break. What is the seller describing the dollar to be? Edited by wireman09 06/25/2014 8:30 pm Report this Post to the Staff
JeyRey2000 Pillar of the Community Canada 743 Posts	Posted 06/26/2014 08:25 am This is a US dealer and it is listed as MS65 Prooflike. I really like the explanation as it helps put things in perspective. Thank you, Report this Post to the Staff
wireman09 Pillar of the Community Canada 972 Posts	Posted 06/26/2014 4:18 pm If that dollar was being sold as a MS65 PL by a reputable Canadian coin dealer like Colonial, J&M, etc.,I wouldn't even question it as PL as they know there stuff. I have found many US sellers grade a nice canadian dollar as PL when in fact it wasn't. If that coin is being sold by a US seller and is not TPG I would be cautious of it being PL. The dollar is a beauty and looks to be a least MS64 and possibly even better. Good luck Report this Post to the Staff
	Replies: 10 / Views: 2,693

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