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Morgan Dollars: Pl, DMPL, Proofs

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United States
384 Posts
 Posted 06/30/2017  6:18 pm Show Profile   Bookmark this topic Add Jolteon1698 to your friends list Get a Link to this Message Number of Subscribers
Hey everyone,

Recently, just sold off my Morgan dollar in order to upgrade it. I personally love the look of classic proofs but do not love the price. I was looking into Morgan proofs and they were too expensive for my budget.

My question becomes, how close to the real proofs do DMPL and PL look like? Is there a significant difference between PL and DMPL? I want one standout example, which looks like a proof, in the highest grade I can afford. Unfortunately, there is no where I can see these in person.

Would you all recommend getting a higher grade PL or a lower grade DMPL?

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BigSilver's Avatar
United States
2843 Posts
 Posted 06/30/2017  6:37 pm  Show Profile   Bookmark this reply Add BigSilver to your friends list Get a Link to this Reply
IMO when ypu are dealing with PL or DMPL, lower grades will stick out worse than a regular MS example. Also, the price jump from PL to DMPL is often quite the climb. My advice would eb to get a 64 or better PL and try to obtain one that is the closest to DMPL as possible.
Edited by BigSilver
06/30/2017 6:38 pm
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Slider23's Avatar
United States
4468 Posts
 Posted 06/30/2017  7:35 pm  Show Profile   Bookmark this reply Add Slider23 to your friends list Get a Link to this Reply
Big silver provides some good advice as there are some really nice PL coins. The difference between Proof and Prooflike is the bold strike on the Proof coins and the way the coins were handled by the mint. On the business prooflike coins there was no special handling of the coins. If you are going to buy that one special coin that will knock your socks off, buy a DMPL in MS64 or higher with strong clean mirrors and frosty details. Note that grading on DMPL and PL coins has been inconsistent in the older holders. The best years for high quality DMPL that are the most affordable are 1879 S, 1881 S, 1882CC, 1884CC. Here is a photo of one of mine that I purchased in a PCGS holder and sent off to CAC.

Morgan-Dollars:-Pl,-DMPL,-Proofs
Valued Member
United States
384 Posts
 Posted 06/30/2017  7:44 pm  Show Profile   Bookmark this reply Add Jolteon1698 to your friends list Get a Link to this Reply
Is it a big difference between PL and DMPL?
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John1's Avatar
United States
56855 Posts
 Posted 06/30/2017  8:21 pm  Show Profile   Bookmark this reply Add John1 to your friends list Get a Link to this Reply
http://www.PCGS.com/grades/
Click on designations.
John1
Edited by John1
06/30/2017 8:21 pm
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Cascade's Avatar
United States
7390 Posts
 Posted 06/30/2017  10:19 pm  Show Profile   Bookmark this reply Add Cascade to your friends list Get a Link to this Reply
In terms of mirrors the anacs UDM is the closest it comes to a true proof. UDM (Ultra Deep Mirror) needs to have 12" mirrors or beyond. PL needs to have 3"-6" mirrors and DMPL needs at least 6" mirrors. Here's my UDM. The mirrors really are spectacular but you can't tell depth of mirrors in pics. Sorry for the kinda crappy pics but you get the idea

Morgan-Dollars:-Pl,-DMPL,-Proofs

Morgan-Dollars:-Pl,-DMPL,-Proofs

Morgan-Dollars:-Pl,-DMPL,-Proofs
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barryg's Avatar
United States
5841 Posts
 Posted 06/30/2017  10:35 pm  Show Profile   Bookmark this reply Add barryg to your friends list Get a Link to this Reply
In my experience, DMPL Morgans can actually have more reflectivity than proofs. Proofs are proofs because of the way they are struck and the crispness of their details, in addition to the mirror finish.

Here are a DMPL and a true Proof from my collection so you can compare them side by side:

Morgan-Dollars:-Pl,-DMPL,-Proofs Morgan-Dollars:-Pl,-DMPL,-Proofs

Morgan-Dollars:-Pl,-DMPL,-Proofs Morgan-Dollars:-Pl,-DMPL,-Proofs

The first one is shinier, but the second one is just more beautiful.
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jeffrose's Avatar
United States
1432 Posts
 Posted 07/01/2017  09:22 am  Show Profile   Bookmark this reply Add jeffrose to your friends list Get a Link to this Reply

Quote:
The first one is shinier, but the second one is just more beautiful.

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United States
384 Posts
 Posted 07/01/2017  1:53 pm  Show Profile   Bookmark this reply Add Jolteon1698 to your friends list Get a Link to this Reply
Beautiful coins everyone! I love the proof, the cc DMPL, the UDM.

I'm torn between getting an MS62DMPL vs a MS65PL. Both are similar prices but I want one standout piece and cannot decide.
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Slider23's Avatar
United States
4468 Posts
 Posted 07/01/2017  3:09 pm  Show Profile   Bookmark this reply Add Slider23 to your friends list Get a Link to this Reply
The typical MS62 DMPL is not going to be a wow coin as a DMPL shows every distracting bag mark. Without seeing the coins, you will most likely be happier with the MS65 PL. If the 65PL has contrast and strong mirrors, it should be a nice looking coin. If the mirrors are cloudy or look weak, pass on the coin.
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Cascade's Avatar
United States
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 Posted 07/01/2017  3:23 pm  Show Profile   Bookmark this reply Add Cascade to your friends list Get a Link to this Reply
65PL over 62DMPL for sure
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barryg's Avatar
United States
5841 Posts
 Posted 07/01/2017  4:10 pm  Show Profile   Bookmark this reply Add barryg to your friends list Get a Link to this Reply
Here's some more shots of my proof Morgan to show that it does, in fact, have a mirror finish:

Morgan-Dollars:-Pl,-DMPL,-Proofs Morgan-Dollars:-Pl,-DMPL,-Proofs
Valued Member
United States
384 Posts
 Posted 07/01/2017  5:36 pm  Show Profile   Bookmark this reply Add Jolteon1698 to your friends list Get a Link to this Reply
Let's talk about actual coins then.

Option #1 - ms64PL - $180

Morgan-Dollars:-Pl,-DMPL,-Proofs

Morgan-Dollars:-Pl,-DMPL,-Proofs

Option #2 - MS62DMPL - $180

Morgan-Dollars:-Pl,-DMPL,-Proofs

Morgan-Dollars:-Pl,-DMPL,-Proofs

Option #3 - MS62DMPL - $170

Morgan-Dollars:-Pl,-DMPL,-Proofs

Morgan-Dollars:-Pl,-DMPL,-Proofs

Option #4 - MS65PL - $260

Morgan-Dollars:-Pl,-DMPL,-Proofs

Morgan-Dollars:-Pl,-DMPL,-Proofs

I think option #2 looks nice and #4 but I have no where as close to as much experience as you all so I'll ask for your input.

Out of curiosity, what is the entry price to a proof Morgan?
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thedollarman's Avatar
Canada
4911 Posts
 Posted 07/01/2017  6:11 pm  Show Profile   Check thedollarman's eBay Listings Bookmark this reply Add thedollarman to your friends list Get a Link to this Reply
if you want to give us your price range, I think the community would be of great assistance in helping find you a quality example within your budget.
Feel free to call me Will.
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Slider23's Avatar
United States
4468 Posts
 Posted 07/01/2017  7:40 pm  Show Profile   Bookmark this reply Add Slider23 to your friends list Get a Link to this Reply
#1, large carbon spot on reverse, some clouds in mirrors, a little baggy for a 64, but the coin does have good contrast.
#2, Coin does not have good contrast for a DMPL and soft on frosty details. Typical bag marks for 62.
#3, good contrast, very baggy.
#4, Coin has some finger prints and not much contrast.

It is not easy to find a good one. Keep looking.

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Slider23's Avatar
United States
4468 Posts
 Posted 07/01/2017  8:10 pm  Show Profile   Bookmark this reply Add Slider23 to your friends list Get a Link to this Reply
Here is an example of the type of coin that you should be looking for. The coin has good contrast. The bag marks on cheek and fields are per grade.

Would the coin earn a CAC sticker? I would say no because the cheek may be a little baggy for CAC.

332068326343

Edited by Slider23
07/01/2017 8:11 pm
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