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 Replies: 12 / Views: 1,413 |
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Valued Member
United States
245 Posts |
I was getting ready to buy a Morgan silver dollar for my certified 20th Century Type set and I had a problem. I had no current reference material on current pricing and I was trying to decide between buying a MS64PL or a MS65 of the same year that was 1880-S. So I pulled the trigger on an MS64PL last night and I wasn't sure if that was the right way to go but I always wanted a PL Morgan. Your opinions would be appreciated. |
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Pillar of the Community
United States
4883 Posts |
I'd ask if you were buying certified or raw. If the latter, realize that PL designation can be mere hyperbole. I'd also comment that although they "book" for about the same price, for the 1880-S an MS-64PL is quite a bit more scarce than an MS65.
Colligo ergo sum
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Valued Member
 United States
245 Posts |
All the coins I buy for this set will be already certified as it's a certified set and I'm not going to get any raw coins certified. I'm also aware that many sellers on ebay say things like "Proof Like" but then you look at the label of the certified coin it just says MS64. The one I bought is a PCGS Certified MS 64PL and it looks like a nice clean coin. |
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Pillar of the Community
United States
4468 Posts |
The 1880 S MS64 PL is common in PL condition and sells in the $120 to $150 range for NGC and PCGS coins. The price will vary depending on quality. The 1880 S coins typically have a strong strike, strong PL qualities and the date is not too baggy. If the coin has strong clean mirrors and displays some nice cameo, it will sell for a little more. I hope you enjoy your PL coin. If you need a price reference, you can always check the completed listing on ebay. Please post a photo. |
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Rest in Peace
United States
10625 Posts |
Please post a photo or a link to the auction. We enjoy seeing other members coins.  |
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Valued Member
United States
245 Posts |
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Pillar of the Community
United States
7375 Posts |
If you always wanted a PL Morgan then you did the right thing. You will really enjoy that coin, and will never look at Morgans the same way again. Now you'll have to get a DMPL one  Are you going to break it out? It's nice to hold one in your hand so you can get a close look at it. |
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Valued Member
United States
397 Posts |
Looks great. Can't go wrong with a PL Morgan.
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Bedrock of the Community
United States
12057 Posts |
The only problem with PL/DMPL Morgans is that they're like Lays potato chips: Once you've had one, you can't stop getting more and more.
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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Bedrock of the Community
United States
17884 Posts |
You wanted a PL and you bought one. You did the right thing. If you had bought the 65 you would still want a PL coin as well. You wanted/liked the PL more and you got it. Anyone else's opinion really doesn't matter.
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Valued Member
United States
52 Posts |
Very Nice! I have been told buy what you really like. I think its a pretty decent price too.
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Rest in Peace
United States
10625 Posts |
The only draw back with buying a PL Morgan is you're now hooked. (I know, not really a problem) I put together a run of early S mint Morgans along with several other dates so far. Nice purchase. |
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Pillar of the Community
United States
2815 Posts |
Quote: I'm also aware that many sellers on ebay say things like "Proof Like" but then you look at the label of the certified coin it just says MS64. Keep in mind that in order for a Morgan to be labeled as PL or DMPL it must possess this quality on both the obverse and reverse. So when a seller advertises such a coin as PL, but the designation is absent on the label, it may be because only one side of the coin is PL. I own an 1879-S that has a PL obverse, but the reverse is not PL, so NGC did not assign PL to the grade. Edited by Darth Morgan
10/18/2015 10:33 am
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Replies: 12 / Views: 1,413 |
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Posted 10/17/2015 12:37 pm
