1958 Franklin Half Dollar PCGS MS67+ FB CAC sells for $110k at auction

I do believe that statements about pcgs being trusted are from those who either do not know or are wanting to start a verbal war on CT. I do however agree that the coin is overgraded, if you doubt this pull out a copy of "making the grade" third edition and use that as a starting point for grading that coin. Personally I would not purchase it at any price as I am not really fond of toing to that extent. To each his own.
Semper Fi
Phil

 

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A statement like this shows a lack of knowledge about grading. All graders are human and therefore they make mistakes. Yes the coin was over graded but it no doubt got a good bump for the toning.

 

What in the world makes you think the coin is artificially toned?

 

And yet when PCGS is replaced by the word "authority" there is not as much protest to the statement. I personally don't have a problem with PCGS or other authorities when it comes to coins or other matters, but to blindly trust without question can be detrimental to your wallet. IMO.

 

So when are we going to take the human out of the grading...start using the advanced and digital, computer analysis technology that we have available and that has already been developed (for years) and in use for so many other things in this world...??? Are we so hard-headed as to believe coins are somehow too lofty and superior to such as medicine and science (examples among many) that save human lives or fly to the moon and beyond that relies on this technology...? Programs for analysis and grading of coins should be written and implemented to put an end to all this subjective and opinionated bickering to both improve/standardize and advance the profession across all coins and customer classes. Why are we still driving in a Model-T of coin grading...what's the hang-up...?

 

Follow the money. Always.

 

When? Hopefully, never.


Grading should not be about counting marks rather than eye appeal...and no computer can replace what looks good to me.

 

Since it's humans who write the software, the subjectivity follows thru.

 

He is just throwing crap out there to see who will argue with him.

 

have seen quite a few grossly over graded coins, look at the dollar and the half in this thread??? to say they are better than any other grading company or any other person who grades coins is not correct, they are not the worst, like segs grading co but they still make mistakes is all i am saying, but to buy a coin sight unseen just relying on their name?? no i would never do that

 

there are many sites on ebay selling nothing but toned coins, even whole rolls of them, all blue and purple like that one, at the very least it is suspect

 

onpcgs photograde (internet free grading site) this is what a plain 67 is supposed to look like, not to mention the suspect coin has a +, lol

 

The coin has quintessential 1958 mint set toning, and the primary color is emerald green, not blue/purple.

Furthermore, just because a dealer specializes in toned coins, it doesn’t mean they are artificially toning their coins, especially if most of their inventory is graded material.

The coin in question may only have MS65/66 surfaces, but it has virtually unimprovable color, luster, and eye appeal, and was market graded to its current grade of MS67+.

 

I was only kidding

 

All said and done, I still think it's graded at least a point too high and not worth anything close to that kind of money.

 

That's a shame. I'm assuming it's a cameo proof. There are NO Franklin proofs that grade a 70 and very few that grade 67 or higher.

 

exactly, it in my opinion has questionable toning, i might be wrong (and probably am) but just because it has toning makes no sense to bump it up 3 grades, if that is market grading, then they can have it, i use photograde (by pcgs) and if a coin looks like theirs for a particular grade, then that is what i grade it, i do not add points because of toning, if anything i sell toned coins at a discount because eventually toning turns to black, it is the normal progression and time doing its work on the metals, how many "blazing" red lincolns grades as such have now turned to rb, or b in their holders?? i tend to be wary of toning, it might look purty, but 20 yrs from now a black disc is what will be ...again, my opinion, and like noses everyone has one..

 

exactly my opinion, but people think i am talking nonsense trying to get an argument, i am not, coin is ugly questionable toning, and a ms-64, 65 at best in my way of grading

 

plus andy is dead, when an artist dies, his works go through the work, most masterpieces were painted by men who died penniless, but their works are in the 10's to 100 of millions, there is no understanding what people call art...

 

same here, but others say i am a fool for saying so, there are more people agreeing with me than against, and after all it is just my "opinion" nothing more