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 Replies: 12 / Views: 2,835 |
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Pillar of the Community
Canada
4911 Posts |
the title says it all..i'd like us to have a discussion about early proof-like issues, 1952 and earlier to be exact. i would really like this thread to become a good reference for those trying to answer their own questions on this series, so please add whatever you can  Pre-1953 PL issues can be quite tough, sometimes even for dealers and certification companies! sometimes a nice mint state can be mistaken for a PL coin, and sometimes a nice PL can easily be mis attributed as a specimen strike. some main points i'd like to cover in this thread include -how were these pieces issued? I've read accounts of them being in rolls, and I believe I've also seen or heard of them being special issues by the mint..so what were the actual means of distributing these coins and were there multiple methods of distribution? -do 1949 proof-like dollars actually exist? these dollars are notoriously well produced, they were struck well and handled with care, many mint state examples are simply gorgeous and well preserved, with examples being found with everything from full mint frost to a full mirror finish and on rare occasion even cameos. these were transported in rolls so an MS-66 is easy to find and MS-67s can even be had for fair prices. there coins were so well preserved and so well made that coins are still graded as PL by PCGS, and it's easy to see why some coins get this designation....so.. were there any actual proof-like 1949 dollars?-what denominations were struck in PL from 1950-1952? the most common PL coins found are dollars and quarters, with halves being encountered..are these the only PL strikes for these years? I've seen and heard about PL dimes but always dismissed them as a nice MS or a SP. these aren't the only things i'd like to cover here..any questions members have, please feel free to ask here as well. these pre-1953 PL coins are fairly mysterious it seems...please, any information you have at all, please share! Feel free to call me Will.
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Pillar of the Community
 Canada
9862 Posts |
At this point in time it's all moot. Whatever coin a reputable TPG will deem as a PL strike is a PL coin. There is no history, the mint does not acknowledge striking PL coins, it is something invented and perpetualized by collectors, and we now have left the TPGs as sole arbiters of the designation. "Dipping" is not considered cleaning...
-from PCGS website
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Pillar of the Community
Canada
2360 Posts |
Thanks for the topic thedollarman, I've seen a Specimen 1949 Dollar that had a matte like finish, different than the polished faces of a PL Dollar. http://goccf.com/t/188531&whichpage=4I was searching PL dollars and how far back they go and found this old site; "Present proof-like sets, as issued by the Mint in the familiar cardboard holders, began in 1951. Before this time, and during the years 1949 and 1950, dollar purchases were made directly from the Mint by interested persons, but the dollars so purchased were brilliant uncirculated, not the proof-likes of the present time. Before 1949, dealers and collectors who wanted the dollars had to purchase them from the banks." http://www.coinscan.com/silverd/page45.htmlUS TPGs will give a PL designation to a Business Strike Coin. It will be good to have a definitive answer to some of your questions. My PL dollar set starts at 1956, earlier dollars are fairly pricy. Edited by SilverDon
07/04/2017 08:15 am
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Pillar of the Community
Canada
1505 Posts |
I sold this 1951 PL66 $0.05 a few years ago, I think I still regret letting it go, probably one of the nicest coins I have ever had, something special about the way it looked in the light. It looked much better in hand than in the photos.   |
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Pillar of the Community
Canada
3234 Posts |
Strange,.. to me that nickel above here looks evenly frosty in both the fields and the bust and the same goes for the reverse. What's a PL supposed to look like ? Here's a nice nickel of mine ..most of those marks are on the ICCS plastic.. ..and a 53 $1.00 NSF but what do you call it..?    NSF 53..    . Edited by DEVLEC
07/04/2017 11:08 am
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Valued Member
Canada
127 Posts |
Keep this one going guys! Great topic dollarman. I have plenty of questions myself, especially with some of the 60s PL coins that appear to be 50/50 business/Pl. One side of each lol.
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Pillar of the Community
 Canada
5394 Posts |
Thrustie ... those one side PL and one side business strike , I label as "Transitionals" .
Some years are quite hard to find , and others are easy . Seems the mint used any useable Die that was available for striking coins. Great observation!
Should note that all Known 1966 Small Beads are PL/ BU in appearance.
Edited by Pacificoin
07/05/2017 12:45 pm
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Valued Member
Canada
127 Posts |
Had to log in when I saw your reply Pacific. You just put 5 years of torture to rest lol. This will now start a new collecting addiction no doubt. Oh the nights of cursing 60s dollars trying to determine if it had more PL or more business strike characteristics :P
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Pillar of the Community
Canada
3234 Posts |
A few more, ..are these tough to find or are they quite common ? Do they have an added value ? Any added info appreciated.. ....because I have no idea about these..They were just eye catching and different and I picked them up decades ago..   a toned 51..I tilted the last 2 pics to try and show the reflective surfaces..     |
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Pillar of the Community
 Canada
4911 Posts |
DEVLEC all the dollars you've posted are outstanding...i really like that 1939...what cameo designation did ICCS give it? I have a similar one but the dies were a little fresher with the fields being completely mirrored...ICCS called it a cameo but I personally think it's a heave cameo, the business in the fields subdues the mirrors a fair bit sadly is the 1951 a prooflike? and as far as the values..i think the 1939 would carry a fair premium..these 1939s are tough to find with cameos...especially on both sides.   Feel free to call me Will.
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Pillar of the Community
Canada
9862 Posts |
@ thedollarman
How do you define PL?
"Dipping" is not considered cleaning...
-from PCGS website
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Pillar of the Community
Canada
4911 Posts |
i define PL issues as a coin lesser than a proof or specimen quality which is obviously not a circulation strike. a coin that was not struck to be circulated...a specially produced piece not up to par with a specimen or proof but fairly obviously different from a circulation strike.
Feel free to call me Will.
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Pillar of the Community
Canada
3234 Posts |
None of my above examples have ever gone in for grading. PCGS calls some of these PL's whereas ICCS calls them Cameo or Heavy Cameo etc.. ..and one more ..again, not graded.   same dollar tilted a bit..   |
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Replies: 12 / Views: 2,835 |
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Posted 07/04/2017 08:06 am
