PCGS vs. NGC Full Bell Lines Qualifications

Discussion in 'US Coins Forum' started by the_man12, May 6, 2009.

  1. jello

    jello Not Expert★NormL®

    That is ok. But now I not to sure what 50-D your asking about?
    I think CAC is a wasted service.
     
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  3. GDJMSP

    GDJMSP Numismatist Moderator

  4. GDJMSP

    GDJMSP Numismatist Moderator

    You have that backwards.
     
  5. GDJMSP

    GDJMSP Numismatist Moderator

    Differing in what way ? The FBL requirements are not a matter of opinion - they are hard cold facts.
     
  6. coinman0456

    coinman0456 Coin Collector

    GD, I am citing two recent submissions which came back from NGC as MS65"s "FBL" which according to their standards should not have received a "FBL" designation. Luck happens sometimes. Now I have, after re-reading my original post on this subject , and in error stated , the specimen in question had a better shot at coming back a 65/66 FBL from NGC. Which is not what I intended to say. I am suggesting the advantage there is to submit to NGC and obtain a MS66 vs submitting to PCGS and having it come back a MS65 FBL. I hope that better clarifies my opinion . Do you think it would grade a MS66/NGC ? I suggested looking at the value differentials , I haven't looked into that. Please feel free to reply, as I am always willing to learn something I didn't know.:bow:
     
  7. CamaroDMD

    CamaroDMD [Insert Clever Title]

    See, I disagree here. I feel this coin is a borderline FBL at best. If you want a borderline coin to grade FBL you are better off sending it to PCGS IMHO because they are not as strict with the designation.

    While agree that they are a waste because they are basically doing what a collector should be able to do (access the coin in the slab), I have yet to see a CAC stickered coin that wasn't nice for the grade.
     
  8. coinman0456

    coinman0456 Coin Collector

    :Dok , so given you opinion , the question is , do you feel that NGC might grade the coin MS66? I think it would. which would you rather have a borderline 65FBL or the NGC MS66? Wow lots of input coming in on this.:D
     
  9. CamaroDMD

    CamaroDMD [Insert Clever Title]

    I think the coin has a couple marks on it that would keep it from going MS66 at either TPG. I think both NGC and PCGS would call this coin an MS65. But, I feel that PCGS is more likely to give it a FBL.

    Now, to answer your question...I don't know which I would rather have. I look at the coin first and foremost without much regard for the grade on the slab. I would think a slabbed MS66 would carry more value than a MS65FBL but you never know. It all depends on rarity of the grade.
     
  10. coinman0456

    coinman0456 Coin Collector

    well that's my take also, but again I have not researched current values/auction. Thanks.
     
  11. GDJMSP

    GDJMSP Numismatist Moderator


    You are talking about two entirely different things. The grade assigned, whether it be 66, 65 or 62 for that matter - has absolutely nothing to do with the FBL designation. The special designation, FBL, is entirely separate from the grade of the coin.

    I gather that what you are trying to explain is that you would prefer to send the coin to PCGS because you think they are tougher on grading the Frankies - thus you feel they would give the coin a 65; while you think NGC would give the coin a 66. You also apparently think PCGS would give the coin an FBL designation and feel that NGC would not.

    Well, I don't think either TPG would assign an FBL. Neither do I think either of them would give the coin a 65, let alone a 66. I think both would grade the coin as MS64.
     
  12. coinman0456

    coinman0456 Coin Collector

    I do understand that the GRADE AND "FBL" designation are Independent.

    And yes, you have somewhat ciphered my thinking process about which TPG to use and my thinking of why I would investigate further the grade vs designation pricing differentials . I can understand how that is a mute point of consideration for you , as a 65FBL or a MS66/65 is perhaps an issue of over-grading on my part.
    :bow:
     
  13. CamaroDMD

    CamaroDMD [Insert Clever Title]

    I think if you were asking if it would be better to own a MS66 or a MS65 FBL I think the proper answer is "it depends." With all coins, each date is different for strike quality. I don't know much about specific years of the Franklin series...but what I do know is FBL is a way to access the strike quality. If you had a year that was well known to be poorly struck, then FBLs would be rare and the MS65 FBL would probably be more desirable than the MS66. But, if you had a well struck date where the FBL's aren't incredibly scarce...then the higher grade is probably the more desirable coin.

    So, I think it depends on the coin. I don't know what years in this series are harder for FBL's so I really can't answer this question.
     
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