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 Replies: 26 / Views: 3,136 |
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Pillar of the Community
United States
509 Posts |
Grading opinions on this one? I'm hoping it might make MS63. Unslabbed and touted as "DMPL". Looks like possible fingerprint on the obverse at 3 o'clock. Thanks...These are seller's pix.  Edited by Sidekick-CA
03/05/2011 11:16 am
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Rest in Peace
United States
5375 Posts |
MS-63/64. Not DMPL though, maybe PL
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Pillar of the Community
United States
4989 Posts |
I will say MS-64 for this coin. Surfaces have a bit of mirror but do not appear to be deep mirror prooflike.
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Pillar of the Community
Canada
4944 Posts |
I agree with fenton, looks MS-64 and PL.
Nice Coin
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Pillar of the Community
United States
8904 Posts |
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Pillar of the Community
 United States
509 Posts |
Thanks guys. Better n I had hoped for. Here's cupple more seller pix might help with the DMPL part a bit more. Yah those bare fingers make me nervous.   |
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Pillar of the Community
United States
1388 Posts |
Looks like a very nice strike (from an O  ) and a fingerprint at 3 o'clock looks to be right... MS-64 easy, beautiful coin  |
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Rest in Peace
United States
9104 Posts |
I could see a shot at 64dmpl, especially after conserving. even a 64pl would be worth the slobbing fee.
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Pillar of the Community
United States
509 Posts |
Got it at the hammer for $56. Might get it conserved but not sure. Depends on what my local dealer thinks but I do think it will be worth slabbing.
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Pillar of the Community
Canada
4944 Posts |
I would get it slabbed.
Based on the new pictures this coin definitely has a shot at DMPL, and PL without question!
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New Member
United States
22 Posts |
Very sharp details and has the DMPL characteristics...the reverse even has a frosty look on the eagle. Congrats on a great purchase.
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Moderator
 United States
23522 Posts |
'84-O's aren't terribly scarce in PL or DMPL; based on Heritage results, almost 20% of their offerings achieved one or the other designation. Further, they tend to be available in *really* frosty contrast. The cost of slabbing is iffy unless it makes 63+ DMPL or 64+ PL. Really nice reflectivity - I think PL is a no-brainer - but you're going to need to see the reflection equally sharp at a minimum of 6" to even consider DMPL. I think the obverse is going to limit that, and both faces must be DMPL to achieve the designation.
In the current grading atmosphere, I'd just give it an acetone bath and get it into an airtight holder.
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Pillar of the Community
United States
509 Posts |
Thanks SuperDave for your insights and recommendations and I most readily give deference to your opinions and expertise based on the experience I know that you have. I was aware these were not rare nor even scarce but that's not really one of my considerations. The "iffy" cost of slabbing, is to me just a nominal consideration even though it will most certainly exceed the cost of the purchase price. No, I'm not rich by any means but I think perhaps our perspectives may not be quite the same. To paraphrase something I read in one of your previous posts, "slabbing will not increase the value of the coin, only the cost". Is that close? For the most part, I agree with that statement. But what is value? Dollars or beauty? I'm sure it has different meanings for different people. To most of us I suspect, it would be both or we wouldn't be coin collectors. Slabbing by an accredited TPG will ensure (not increase) the "graded" value of a Morgan as opposed to the market resale value, which of course fluctuates as always, with the price of bullion. But even given that, if one's interest is in only the resale value or investment, the long-term trend for Morgan prices has done nothing but gone upward. They will never again see face value. I still remember those Vegas casinos and all of those little old ladies with plastic buckets just full of silver dollars feeding those one-armed bandits. Didn't seem to bother me a bit back then. It was just commonplace at the time and a silver dollar was just worth a dollar. So I'm going to take this little puppy and get it graded and preserved in a slab before anymore harm comes to it. And to tell you the truth SuperDave, I don't really care what grade it's finally given. MS-Nothing is fine with me. It looks to be a beautiful coin. Just get it into a slab and out of the cold and preserve whatever it has left. Most of you seem to think (and I value your opinions or I wouldn't have asked) it's MS64 PL or DMPL. Whatever it is, I'd just like to keep it that way. |
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Pillar of the Community
United States
1304 Posts |
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Pillar of the Community
United States
4989 Posts |
It's certainly a beautiful coin. The second set of photos has me leaning a bit more toward MS-64+ or even MS-65 PL or DMPL.
Certainly worth having the pros at PCGS evaluate and slab you might have a really exceptional coin here.
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Moderator
United States
23522 Posts |
By all means, slab it if you wish. You would do no worse than break-even from a money standpoint based on today's value, and you can reasonably expect the coin to appreciate at a rate greater than non-PL peers. I'm not a hardcore anti-slabber, but rather one who tends to recommend against it for coins of a value under, say, $500.
If resale is a consideration, even after your passing if not before, by all means have it slabbed. It will make the task of your heirs far easier.
Keep in mind, though, from a standpoint of physical preservation you can do far better than a slab to protect the coin. Slabs are not airtight, and can be affected by atmospheric conditions. There are plenty of airtight solutions which would do better than a slab.
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Replies: 26 / Views: 3,136 |
Posted 03/05/2011 12:20 pm
