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1880 S Morgan DMPL

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Valued Member

United States
281 Posts
 Posted 07/23/2015  3:37 pm Show Profile   Bookmark this topic Add kdrcoinzz to your friends list Get a Link to this Message Number of Subscribers
http://www.ebay.com/itm/39120440880...RK:MEBIDX:IT

what would be a good limit for this? as the grades get higher I get less and less sure of myself and don't want to overpay. thanks in advance
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SilverStackerKid's Avatar
United States
6478 Posts
 Posted 07/23/2015  5:23 pm  Show Profile   Bookmark this reply Add SilverStackerKid to your friends list Get a Link to this Reply
Looks to be MS63. I think they used a lighting trick to make it look DMPL. It might be DMPL with 2 or so inch mirrors, or just PL. Most likely PL.
Edited by SilverStackerKid
07/23/2015 5:25 pm
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Coinfrog's Avatar
United States
94367 Posts
 Posted 07/23/2015  5:42 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
Kid - good for leading off on this. Photo tricks, for sure. I still think it has to be 65DMPL. It can always be returned, so no risk.
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edweather's Avatar
United States
7375 Posts
 Posted 07/23/2015  5:52 pm  Show Profile   Bookmark this reply Add edweather to your friends list Get a Link to this Reply
Certainly looks gorgeous, but 20" mirrors ...clearly a lie, and why isn't it holdered if it's so great? It's on my watch list.
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Night-Hawk's Avatar
United States
1002 Posts
 Posted 07/23/2015  6:00 pm  Show Profile   Bookmark this reply Add Night-Hawk to your friends list Get a Link to this Reply
Photography enhancement, coins don't look this.
Total BS , stay away from this nonsense. -JMHO
Edited by Night-Hawk
07/23/2015 6:04 pm
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Slider23's Avatar
United States
4469 Posts
 Posted 07/23/2015  6:39 pm  Show Profile   Bookmark this reply Add Slider23 to your friends list Get a Link to this Reply
If you want a DMPL, purchase one that is in a slab. From the photo this should be at least MS66 DMPL, but do not believe the photo. To grade PL and DMPL the coin really needs to hand as these coins can not be graded from photos. If this coin does grade MS 65 PL, the coin is worth about $250 and there are lots of 1880 S MS 65 PL for sale. I have never purchased a coin from the seller, but I would be concerned the seller could be buying a high end slab MS 65's PL cracking it out and taking great photos and selling the coin as DMPL. If the coin was really a MS66 DMPL, do you think the seller would be risking a $2000 "raw" coin in auction.

My ebay rule is that I never buy a raw coin for over $300 and I do not buy any PL or DMPL raw coins on ebay.
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Rollsearcher37's Avatar
United States
1295 Posts
 Posted 07/23/2015  6:53 pm  Show Profile   Bookmark this reply Add Rollsearcher37 to your friends list Get a Link to this Reply
A coin of this caliber should NEVER be bought raw, definitely not on the internet. The photos do appear to be enhanced, but something to remember is that PL and DMPL Morgans cannot be judged well from photos anyway. So my advice is to pass on this one, and look for a nice certified example that you can examine in hand.
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dave700x's Avatar
United States
10625 Posts
 Posted 07/23/2015  7:34 pm  Show Profile   Bookmark this reply Add dave700x to your friends list Get a Link to this Reply
I think this seller was nailed for juicing photos on another forum.
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Canadian-Banknotes's Avatar
Canada
4944 Posts
 Posted 07/23/2015  9:20 pm  Show Profile   Bookmark this reply Add Canadian-Banknotes to your friends list Get a Link to this Reply

Quote:
I think this seller was nailed for juicing photos on another forum.

Yeah, they were. There was a post on this forum about it a while ago as well.

Avoid this seller.
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Coinfrog's Avatar
United States
94367 Posts
 Posted 07/23/2015  9:23 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
Okay, I give.
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paralyse's Avatar
United States
12057 Posts
 Posted 07/23/2015  10:06 pm  Show Profile   Bookmark this reply Add paralyse to your friends list Get a Link to this Reply
Based on seller's 100% positive FB I'm inclined to think the coin is probably at least PL. He's got a handful of PCGS DMPL's listed.

My theory: He's buying these coins, cracking them out, "working" the photos, and reselling the coins. I know three or four of the dealers he's purchased from, and they don't sell raw coins of this quality. If he buys them as -61 or -62 or -63 PL or DPL's, cracks them out, massages the photos, he can convince Joe Ebayer that the coins are -65DMPL's instead of -62PL's, and since they're sold as non-cert it's hard to claim a SNAD if you send it in and it comes back in a bag or low grade.

Since "DMPL" is not a restricted term, he can use it all he wants in his titles and listings.

Personally, this is why I will not buy from any seller who claims that every single coin is BU, MS, UNC, PL, DMPL, a key date, rare, scarce, etc. There's a joker right now with a bunch of cleaned and/or slider AU-MS early-mid 40s Mercury dimes billing them as BU UNC MS PQ KEY DATE RARE coins, all of which are written on the 2x2. Last night, I came across an auction for a 1943 Steel LWC in a certain fake grading company's slab, graded as "MS 69 RD"...



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"Most of the things worth doing in the world had been declared impossible before they were done." -- Louis D. Brandeis
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Canadian-Banknotes's Avatar
Canada
4944 Posts
 Posted 07/23/2015  10:17 pm  Show Profile   Bookmark this reply Add Canadian-Banknotes to your friends list Get a Link to this Reply
I can't find the thread that Dave and I mentioned in the posts above, however I do still have the images.

Sellers Pictures:
1880-S-Morgan-DMPL
1880-S-Morgan-DMPL

Buyers Pictures:
1880-S-Morgan-DMPL
1880-S-Morgan-DMPL
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paralyse's Avatar
United States
12057 Posts
 Posted 07/23/2015  10:34 pm  Show Profile   Bookmark this reply Add paralyse to your friends list Get a Link to this Reply
Notice that the seller's photos almost always have a golden cast? Strange.

That being said, if the buyer really got burned, you'd figure they could at least leave negative feedback? Guy has 100.0% positive, including some high dollar (>$2k) coins, on 1k+ transactions.

Buyer's pictures are typical for a lower MS PL or DPL Morgan and are not an "apples to apples" vs. the seller's photos (which have definitely been worked.) I submit the following example (1881-S, PCGS MS-64 DMPL w/green CAC):

1880-S-Morgan-DMPL
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"Most of the things worth doing in the world had been declared impossible before they were done." -- Louis D. Brandeis
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CoinHuntingDrew's Avatar
United States
4932 Posts
 Posted 07/23/2015  11:48 pm  Show Profile   Bookmark this reply Add CoinHuntingDrew to your friends list Get a Link to this Reply
I kind of wish coins would authentically look like this in real life.

Would be pretty neat.
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Slider23's Avatar
United States
4469 Posts
 Posted 07/24/2015  12:15 am  Show Profile   Bookmark this reply Add Slider23 to your friends list Get a Link to this Reply
Paralyse,

This seller has found a loophole in the ebay system, and I am sure he is making a nice profit. He is very good at what he does with photos.

I have been watching this seller for about a year, and I always found it strange how a seller could have a continuous supply of raw DMPL coins when the coins are so hard to find. The crack out theory of PL coins is the most logical way to have an ongoing supply of coins that may appear to be DMPL coins.
Edited by Slider23
07/24/2015 12:17 am
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paralyse's Avatar
United States
12057 Posts
 Posted 07/24/2015  12:22 am  Show Profile   Bookmark this reply Add paralyse to your friends list Get a Link to this Reply
Yup. I'm sticking w/the crack outs based on his purchases. Slider, you're right about the photos -- they are pretty deceptive. I had to run one through Photoshop and play with a bit.

There is not much of a supply of raw DMPL coins to begin with. I think that the crack out theory is the one that best fits the available facts.
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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