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Question About Slabbing Prooflike Morgans

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United States
317 Posts
 Posted 03/18/2009  12:32 am Show Profile   Bookmark this topic Add Terror Of Zanarkand to your friends list Get a Link to this Message Number of Subscribers
Hello all,
I have the chance to purchase a gorgeous 1921 Prooflike Morgan! A 1921!! Prooflike! The coin has deep deep mirrored fields and has gorgeous cameo contrast, especially on the reverse. The only problem is that the previous owner lightly cleaned the obverse. This is barely noticeable aside from some lines on Liberty's cheek. I don't view this cleaning as too much of an issue, especially since it inclined my fave dealer to offer me a great price on it, but I'm wondering if that light cleaning might cause it to not make prooflike on the holder if I sent it to ANACS. I know no one can answer that for certain, but any input would be greatly appreciated. :)
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SsuperDdave's Avatar
United States
23522 Posts
 Posted 03/18/2009  07:59 am  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply
If it slabs at all, the lines will not interfere with the Prooflike designation. Reflectivity is reflectivity, and I've seen DMPL coins with noticeable die polishing lines.

Your only worry is, "will it slab?"

If I may ask, what's your grade estimate and purchase price?
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tights24's Avatar
United States
2254 Posts
 Posted 03/18/2009  08:10 am  Show Profile   Bookmark this reply Add tights24 to your friends list Get a Link to this Reply
Uh oh Terror, you've piqued the interest of the 1921 Morgan King. Have you studied it for VAM's? Any way to get a picture of it from the dealer? Do they have a website by chance?

Dave, if he's thinking ANACS, will they not slab it regardless? Or do they not slab "cleaned" mint state coins because how would you drop it in net grade to AU when it really is a mint state coin? Does that make sense?
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SsuperDdave's Avatar
United States
23522 Posts
 Posted 03/18/2009  08:20 am  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply
Any of the major TPG's, having decided the coin has been cleaned, will not bother to designate Prooflike status on their "Genuine" (or variant) slabs.

ANACS, if I remember correctly, designates something like "MS60 Details" on cleaned/damaged Mint State coins.
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United States
317 Posts
 Posted 03/18/2009  12:51 pm  Show Profile   Bookmark this reply Add Terror Of Zanarkand to your friends list Get a Link to this Reply
To answer some questions, I haven't checked it for VAMs. I don't have the coin yet, I'm going to go pick it up on Friday. I will check it though. As for grade, I'd guess 63 or maybe 64. It really is a gorgeous coin. As for purchase price, I'm getting it for $100. I want to thank you all for your responses, they've been very helpful! I'll probably send it to ANACS anyway, just to get it protected in a slab. I'll get pics up once I actually have the coin.
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Conder101's Avatar
United States
17884 Posts
 Posted 03/18/2009  3:33 pm  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply
A very deep mirror prooflike with very strong cameo contrast on a 1921? Why do I have warning alarms saying "Possible California Prooflike" going off?
Valued Member
United States
317 Posts
 Posted 03/18/2009  11:36 pm  Show Profile   Bookmark this reply Add Terror Of Zanarkand to your friends list Get a Link to this Reply
California Prooflike? What's that mean? Is this something I need to be concerned about?
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Conder101's Avatar
United States
17884 Posts
 Posted 03/19/2009  11:52 am  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply
California Prooflike was a term common in the early to mid 70's for prooflike dollars that were created by polishing th fields to a deep mirror finish and then applying a very white artificial cameo frost to the devices and lettering. When tipped certain ways they would show hairlines in the field, and often the artificial frost was applied a little sloppy and would run into the field a bit around the devices.

They did it to some Peace dollars as well. Really odd to see a black and white cameo Peace dollar with 12 inch mirrors. They were called California Prooflikes because the source seemed to be the west coast.

They don't show up much any more but I've seen three or four of them in the past few years (including two Peace dollars, one was for display only because the dealer knew what it was and the other the dealer was asking moon money for it either because he didn't know or was looking for a sucker.) but back in the 70's they were much more common and you could find dozens of them at most any show.
Edited by Conder101
03/19/2009 12:00 pm
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SsuperDdave's Avatar
United States
23522 Posts
 Posted 03/19/2009  3:59 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply
Was this the one in the SEGS slab on ebay? I watched that one for a long time, itching to buy it.
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United States
317 Posts
 Posted 03/19/2009  11:55 pm  Show Profile   Bookmark this reply Add Terror Of Zanarkand to your friends list Get a Link to this Reply
Conder, I appreciate your concern and your explaination. This one definitely does not look like that, I should perhaps explain myself better. It has a nice cameo and fields for a 1921, but it definitely isn't as boldly cameo as say an 1881-S Prooflike dollar would be. It definitely looks different than an early PL coin. I wish I had the coin to post pics. And to answer Dave, no this isn't that coin, to my knowledge. This was brought in to my local dealer a week or two ago. Once I pick it up, I'll definitely get some pics up.
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United States
20753 Posts
 Posted 03/20/2009  8:09 pm  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply
You sound like you really want to have that coin slabbed and mainly for protection. Being a slab hater why not just purchase one of the many things like those Airtights or even a plastic flip, seal with tape. Save a lot of money, no worries about someone sending it back and for some reason not in the slab. Then you can sit back and enjoy your coin regardless of what may or may not be.
Of course this is my suggestion based on I have no slabbed coins, when I buy them I open them, would never send a coin in for inprisonment.
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