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 Replies: 52 / Views: 15,792 |
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Valued Member
United States
88 Posts |
I am completely baffled by this listing on ebay. Is there something about this coin that is truely so much different than the others, that it warrants it to go for so much money, or are the people bidding on it sipping way to much Kool Aid as previously posted earlier on CCF. 391007878120It just makes no sense to me!  |
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Pillar of the Community
United States
2543 Posts |
The very first coins minted from freshly polished dies will often get this designation. While these coins do exhibit a deep mirror finish, the designation is largely a TPG variety. Like TPG designated San Fran silver eagles. Value to be determined buy collectors or more likely by the uninformed with more money than knowledge |
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Valued Member
 United States
88 Posts |
Well then, considering there is a population report on PCGS of 25 for this variety, I suspect than the prices will begin dropping off as the numbers start climbing on this one. It's just so strange to see this one more expensive than the First Strike pf70 ANA Convention piece. Thanks for the reply! |
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Valued Member
United States
88 Posts |
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Pillar of the Community
United States
4901 Posts |
Quote:It's just so strange to see this one more expensive than the First Strike pf70 ANA Convention piece. At least the DMPL (or DPL or PL) refer to coin quality rather than where the coin was sold...I think where a coin was purchased is TOTALLY insignificant and worth zero premium...but obviously others disagree  |
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Moderator
 United States
23522 Posts |
Yet more proof of PT Barnum's wisdom.
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Pillar of the Community
United States
1037 Posts |
The Coins title says it all: 2014-S 50th Anniversary Kennedy half dollar Silver Enhanced MS70DMPL PCGS FS. Let's break down, in this set, San Francisco made the EU or Enhanced Uncirculated Kennedy coin for the silver set. Since this is San Francisco's first attempt to strike an EU coin, they had some QC problems, unlike West Point. So many of these Kennedy's do not have the full EU effect as they should. The issue seems to be the dyes are not holding the EU properties and as the dyes are stuck they become more proof-like. The designate 'PL' means Proof Like, the 'DMPL' designate stands for Deep Mirror Proof Like. DMPL really looks like a proof coin. These coins tend to bring in very high premiums. Combined with being a MS70 coin, I am not that surprised what this coin is selling for. A MS69DMPL would bring half the value. |
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Valued Member
United States
88 Posts |
I was totally amazed that this coin sold for $4,750.00!
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Moderator
United States
23522 Posts |
Quote:
Since this is San Francisco's first attempt to strike an EU coin, they had some QC problems, unlike West Point. So many of these Kennedy's do not have the full EU effect as they should. The issue seems to be the dyes are not holding the EU properties and as the dyes are stuck they become more proof-like. Well, this makes it an altogether different situation. A genuine Key could be happening here. |
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Valued Member
United States
88 Posts |
Welder, is there any information that you could lead me to, in order for me to research this further? If what you're telling me is true, this coin variety could be really important and have quite the potential down the road, possibly. I love researching such things.
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Pillar of the Community
United States
2077 Posts |
Considering that the EU is supposed to be a matte finish, DMPL is in a way, an error.
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Valued Member
United States
88 Posts |
If what you say is the case, then both the PL and the DMPL would be considered error coins, not EU's?
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Bedrock of the Community
United States
17884 Posts |
Quote:
The issue seems to be the dyes are not holding the EU properties and as the dyes are stuck they become more proof-like. Sounds more to me like these PL or DMPL coins are simply coins struck from worn dies, not errors. |
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Pillar of the Community
Canada
5394 Posts |
Yet another example of pure "HOLDER FOLLY". Just try reselling this stuff down the road !
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Valued Member
United States
88 Posts |
Condor101, these were brand new dies. You can't get this type of effect on worn dies. These are all First Strikes, actually, Very First Strikes.
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Pillar of the Community
United States
4901 Posts |
PL, DMPL, DPL have been grading terms for quite some time and are commonly seem on uncirculated MS Morgan silver dollars and, in more recent times, the MS 5 ounce ATB silver bullion pucks. There are not "errors" but coins of quality. They are also not "keys" which refer to low mintage years of a series. They, most definitely, are low POP coins which creates the perceived value. |
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Replies: 52 / Views: 15,792 |
Posted 12/27/2014 8:51 pm
