Dynamic range is a a somewhat moveable target, in the hi-fi world at least. I chose a 60dB range for various reasons, not least because it gives an indication of what is possible, rather than what is normal.
A well recorded solo piano can easily be recorded with that kind of dynamic range, which is why most hi-fi systems fail to reproduce this instrument with any degree of authenticity. 60db dynamic range was also chosen because it is about the maximum range possible for even the best system.
Even in a 'quiet' room, background noise is going to be around 40 - 50dB, so a 60dB range is going to peak at around 100 - 110db, probably too loud for any domestic situation unless these peaks are of extremely short duration, which they can be if we are talking about acoustic instruments rather than their electric counterparts.
Well recorded acoustic music can display a very wide dynamic range even though it is still compressed to make it's playback on radio or modest audio systems practical, it still achieves a far wider range than pretty much anything involving electric instruments.
Confusing these capabilities with the realities of commercial recordings is a somewhat different argument. Even top quality broadcast media, Radio 3, for example, limit their dynamic range, often quite drastically, and most pop recordings use as much compression as they can get away with, as you say, loudness is every thing but this does not mean that wide dynamic range material does not exist.