Coin Community Family of Web Sites Join Thousands of Coin, Bullion, & Money Collectors
Vancouvers #1 Coin and Paper Money Dealer Specializing in Modern Numismatics 300,000 items to help build your collection! Royal Estate Auctions - $1 Coin AuctionsCoin, Banknote and Medal Collectors's Online Mall Royal Canadian Mint products, Canadian, Polish, American, and world coins and banknotes. Join Thousands of Coin, Bullion, & Money Collectors








Username:
Password:
Save Password
Forgot your Password?


This page may contain links that result in small commissions to keep this free site up and running.

Welcome Guest! Registering and/or logging in will remove the anchor (bottom) ads. It's Free!

1881-S Morgan Silver Dollar: You Vs. PCGS

To participate in the forum you must log in or register.
Author Previous TopicReplies: 35 / Views: 3,739Next Topic
Page: of 3
Pillar of the Community
aladinslamp's Avatar
United States
3076 Posts
 Posted 02/08/2011  4:50 pm  Show Profile   Bookmark this reply Add aladinslamp to your friends list Get a Link to this Reply
I thought the Mark on the face would hold it back from MS65, 1881-s series is known for its remarkable strikes and many are to be found....In high grades from that fact...It is however a VAM 16 do to the die chips on the REV leaves of the wreath next to UNITED...
Bedrock of the Community
BH1964's Avatar
United States
10982 Posts
 Posted 02/08/2011  5:04 pm  Show Profile   Check BH1964's eBay Listings Bookmark this reply Add BH1964 to your friends list Get a Link to this Reply
That's a very strong 64 in an older holder. If resubmitted today it would have a good shot at 65 and PL as well. As is, it was a nice purchase and conservatively graded.
ANA #R3154474
Valued Member
SilverTurtle's Avatar
United States
371 Posts
 Posted 02/08/2011  5:07 pm  Show Profile   Bookmark this reply Add SilverTurtle to your friends list Get a Link to this Reply
Actually, I won this as a Yearly Youth Door Prize at my Coin Club.
Valued Member
United States
70 Posts
 Posted 02/08/2011  8:58 pm  Show Profile   Bookmark this reply Add flashinm to your friends list Get a Link to this Reply
Is it just me or is PCGS more stingy about PL grades than NGC?
Valued Member
invisibleninja7's Avatar
United States
91 Posts
 Posted 02/08/2011  8:59 pm  Show Profile   Bookmark this reply Add invisibleninja7 to your friends list Get a Link to this Reply
And PL would mean...
Valued Member
SilverTurtle's Avatar
United States
371 Posts
 Posted 02/08/2011  9:08 pm  Show Profile   Bookmark this reply Add SilverTurtle to your friends list Get a Link to this Reply
Proof-Like
Pillar of the Community
Ozland's Avatar
United States
709 Posts
 Posted 02/08/2011  9:13 pm  Show Profile   Bookmark this reply Add Ozland to your friends list Get a Link to this Reply

Quote:
Is it just me or is PCGS more stingy about PL (proof Like and DMPL (Deep Mirror proof Like) grades than NGC?


Yes, very much so.
Edited by Ozland
02/08/2011 9:14 pm
Valued Member
SilverTurtle's Avatar
United States
371 Posts
 Posted 02/08/2011  10:16 pm  Show Profile   Bookmark this reply Add SilverTurtle to your friends list Get a Link to this Reply
Perhaps it is worth a resubmission?
Pillar of the Community
aladinslamp's Avatar
United States
3076 Posts
 Posted 02/08/2011  10:17 pm  Show Profile   Bookmark this reply Add aladinslamp to your friends list Get a Link to this Reply
Every time they let another high value coin
PL or DMPL into the equation:(into the number of already known and graded coins) there population increases...
AND the overall prices will fall for there are now more available..
TO PROTECT there already given values, the only way to control the pricing is to hold back the possible coins that could move up into the top tier positions....Over all the top TPG's have tightend up there standards.....to the point that many coins already graded would never make the grades they now assigned.....It's quite a quagmire...
Pillar of the Community
Ozland's Avatar
United States
709 Posts
 Posted 02/08/2011  10:36 pm  Show Profile   Bookmark this reply Add Ozland to your friends list Get a Link to this Reply

Quote:
Over all the top TPG's have tightened up there standards.....to the point that many coins already graded would never make the grades they now assigned.....It's quite a quagmire...


What Gene is refering to is since the inception of the third party grading companies such as PCGS and NGC, they started out grading quite conservatively. Over the years their standards loosened up to where it very noticeable that early graded coins could be cracked out and resubmitted with a higher than average likelihood of being upgraded to a higher grade. In fact many astute dealers and collectors took advantage of this gradeflation and made quite a lot of money from it.

The PCGS coin that is being referenced at MS 64 could at any time since it was slabbed easily have been MS 65. That is the difference we are talking about.

Many high dollar coins have BIG jumps from MS 64 to MS 65.
Edited by Ozland
02/08/2011 10:49 pm
Pillar of the Community
fenton's Avatar
United States
4989 Posts
 Posted 02/08/2011  11:01 pm  Show Profile   Bookmark this reply Add fenton to your friends list Get a Link to this Reply
It is hard to grade from photos. It would not surprise me if, in hand, this one looks more like an MS-64. The photos did show some hits on the cheek and some dark toning on the obverse center which may have cost the coin a bit during its "20 second" grading window.
Pillar of the Community
Learn More...
carmykle's Avatar
United States
2448 Posts
 Posted 02/09/2011  10:09 am  Show Profile   Bookmark this reply Add carmykle to your friends list Get a Link to this Reply
Wow, I still think she a beaut! There must be more than just one mark on her cheek that is hard to see in the photo. Listen, if you really feel bad about her, I'll "cast myself onto my sword" and accept her into my collection.
Pillar of the Community
Gothic Florin's Avatar
United States
2541 Posts
 Posted 02/10/2011  09:30 am  Show Profile   Bookmark this reply Add Gothic Florin to your friends list Get a Link to this Reply
It's a great looking coin even if PCGS doesn't think it deserves a 65 or a PL...
Pillar of the Community
Learn More...
carmykle's Avatar
United States
2448 Posts
 Posted 02/11/2011  10:13 am  Show Profile   Bookmark this reply Add carmykle to your friends list Get a Link to this Reply
I'm still amazed, I've seen 65s and 66s that looked worse.
Valued Member
SilverTurtle's Avatar
United States
371 Posts
 Posted 06/15/2011  2:20 pm  Show Profile   Bookmark this reply Add SilverTurtle to your friends list Get a Link to this Reply
Improved Photos:

1881-S-Morgan-Silver-Dollar:-You-Vs.-PCGS

1881-S-Morgan-Silver-Dollar:-You-Vs.-PCGS

1881-S-Morgan-Silver-Dollar:-You-Vs.-PCGS

1881-S-Morgan-Silver-Dollar:-You-Vs.-PCGS

1881-S-Morgan-Silver-Dollar:-You-Vs.-PCGS
  Previous TopicReplies: 35 / Views: 3,739Next Topic
Page: of 3

To participate in the forum you must log in or register.



    




Disclaimer: While a tremendous amount of effort goes into ensuring the accuracy of the information contained in this site, Coin Community assumes no liability for errors. Copyright 2005 - 2026 Coin Community Family- all rights reserved worldwide. Use of any images or content on this website without prior written permission of Coin Community or the original lender is strictly prohibited.
Contact Us  |  Advertise Here  |  Privacy Policy / Terms of Use

Coin Community Forum © 2005 - 2026 Coin Community Forums
It took 0.38 seconds to rattle this change. Forums