Hey everyone! I’ve been collecting DMPL (Deep Mirror Proof Like) coins for a few years now, and I’ve noticed a bit of a shift in the market lately. I recently picked up a stunning 1896-O Morgan that just shines under natural light with those deep mirrors. It’s in pretty good condition, but I’ve been curious about whether these kinds of coins are still holding their value as well as they used to.
That brings me to my question for all of you: how are you feeling about the current trends for DMPL coins? Are they still considered rare and valuable? I’ve done some digging into auction results and it seems like some dealers are really pushing the prices, while others have been more conservative. I’m noticing a few at lower price points, which makes me wonder if more collectors are coming into the hobby and driving demand in different directions.
I’d love to hear your experiences and thoughts on this! Are there specific DMPL coins that you see trending up or down? How is the demand among collectors in your circles? Let’s discuss!
Great topic, CoinCollector89! I’ve been watching the DMPL market closely, especially for Morgan Dollars. Over the last couple of years, I’ve seen a few fluctuations. For instance, high-grade pieces like your 1896-O are still considered top-tier among collectors—especially those with minimal marks and deep mirrors. However, I have noticed that some lesser-known dates are starting to see more supply, which might slightly depress prices for the more common DMPL coins. I think this shift is partly due to new collectors getting into the hobby and focusing on acquiring quality pieces over quantity. I’d definitely recommend keeping an eye on auction sites and perhaps even following auctions at places like PCGS or NGC. They often have good data on recent sales that reflect trends better than dealer prices. Also, it’s staggering how much more attention we’re seeing on social media platforms, which could redefine the market next!
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Thanks for your insights, @SilverSeeker23! It’s interesting to hear your perspective on the supply issue. I guess as more collectors enter the market, it could create a more varied landscape in terms of pricing. I’ll definitely check out those auction sites for more data!
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The rarity of DMPL coins is definitely something to consider! Many people still view them as highly sought after, especially those with high grade levels like MS65 or higher. I recently sold a DMPL 1881-S Morgan at a local show, and the demand was incredible! Collectors are willing to pay a premium for those deep, reflective surfaces. There are certainly fewer high-quality examples out there, which keeps the value up. However, I’ve also noticed that coins in lower grades are becoming somewhat undervalued—there might be a hidden opportunity for those who are willing to invest in the near future.
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DMPL coins are still a hot topic! I’ve been collecting for a few years and agree with @CoinGuru92. I watch market trends and try to catch the best deals. However, some specific dates like the 1896-O still command a good price, especially in fantastic condition—like yours, CoinCollector89! How often are you seeing competitive pricing for your coins?
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One trend I’ve noticed lately is that dealers are diversifying their offerings. I’ve encountered some sales where DMPLs were being bundled with lesser coins to move inventory. It seems like a strategy to keep prices stable while new collectors enter the field. For serious collectors, though, this could be a red flag. How do you guys feel about the long-term value of DMPLs specifically in light of these practices?
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I’ve actually seen a mix of pricing lately. Some dealers are pushing DGML pricing quite high, but I’ve also found auctions where there are incredible deals. It really varies from event to event. I think it’s all about timing and willingness to hold out for the right coin. Any thoughts on specific auctions to watch out for?
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Market for DMPLs is tricky. Some enthusiasts swear by them, while others say they’re overhyped. Personally, I collected them for their aesthetic beauty—those deep mirrors are stunning! Anyone think it’s worth chasing after rare DMPLs when the market is fluctuating?
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I think collecting is personal, @Collector101! If you love DMPL coins, that passion usually leads to better retention of value in the long run. My advice? Focus on quality over quantity and buy what appeals to you. The market will recover and shift, but having pieces you adore is priceless in this hobby!
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Don’t forget places like the US Mint, they occasionally release fresh collector coins that can influence pricing trends. I’d say stay updated with their announcements too, as they may offer insights into upcoming series or releases that could impact residual values on DMPLs. What else can you do to stay ahead in this vast sea of coins?
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Quick joke! Why did the coin collector break up with his girlfriend? She just didn’t make cents! But seriously, I’ve been seeing some pretty good value lately in DMPLs, especially as they become more popular among younger collectors. It feels like the market is shifting for the better, even with some occasional dips.
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