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Replies: 9 / Views: 1,265 |
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Pillar of the Community
United States
1436 Posts |
How much value does a proof-like designation add to a common date MS-65 Morgan dollar?
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Bedrock of the Community
United States
11880 Posts |
Depends... but you can compare estimated prices of business strikes and proofs for the series and grade at coinprices.org.
IN NECESSARIIS UNITAS - IN DUBIIS LIBERTAS - IN OMNIBUS CARITAS THE MAN IN THE ARENA, Theodore Roosevelt at the Sorbonne Paris on April 23, 1910: " It is not the critic who counts; not the man who points out how the strong man stumbles or where the doer of deeds could have done better. The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood, who strives valiantly, who errs and comes up short again and again, because there is no effort without error or shortcoming, but who knows the great enthusiasms, the great devotions, who spends himself in a worthy cause; who, at the best, knows, in the end, the triumph of high achievement, and who, at the worst, if he fails, at least he fails while daring greatly, so that his place shall never be with those cold and timid souls who knew neither victory nor defeat." My coin website: https://fairfaxcoins.com
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Rest in Peace
United States
10625 Posts |
It depends on the date/mm. Some common date issues become very pricy in PL condition where others are very plentiful and priced accordingly.
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Pillar of the Community
 United States
1436 Posts |
What does it do for an 1882-S?
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Moderator
 United States
23522 Posts |
Quote: What does it do for an 1882-S? Auction results indicate it roughly doubles the value, but it's not an uncommon coin in 65PL so that "doubling" only gives you a ~$250 coin, less in NGC plastic.
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Rest in Peace
United States
17900 Posts |
As with other post numerical assignments, such as FBL for Frankins (strong strike), FSB for Mercurys, Cameo, deep cameo, and others, it's all about the availability versus demand.
Very few if anyone is going to try to put together a DMPL set from New Orleans as they are all tough to find. While the early S mints are much easier to find with that designation.
I think everyone wants at least one Morgan DMPL, even though there are lots if them. But the prices remain supported because of that forever demand.
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Pillar of the Community
United States
1450 Posts |
Isn't it better to save up and buy a higher quality scarce coin (1889CC Morgan) rather than getting DMPL common date coin? I love those DMPL Morgans but I would rather have an AU 1893-S if I could ever afford it.
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Rest in Peace
United States
17900 Posts |
If you are shooting for a set your route is certainly much better in doing exactly what you propose.
I think about my type set at the same time. So having a 66 DMPL serves the purpose of a spot in my Morgan set as well as a high end type.
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Pillar of the Community
United States
7390 Posts |
Terry. The best part of the Morgan dollar is that you can collect them in so many ways. They truly are the Baskin Robbins of coins
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Pillar of the Community
United States
1450 Posts |
I see your point. I am a date/mint sort of collector since this is how I first started doing it. Now I still do it that way but I try and get Key Dates in the best condition I can as well. When I look at my Morgan set I am never satisfied because I have the obvious few in less than mint condition or even AU condition. I would trade all the Morgans I have now for 6 Morgans in AU58 condition.
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Replies: 9 / Views: 1,265 |
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