Slabbed Franklins are going high.

They seem to be in high demand right now. Going for much more than red book, and even more than the NGC coin price guide (which is a little more accurate.)

 

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Got any links? Also, don't compare to Red Book or NGC unless they're NGC slabbed coins. But, let go of the price values in Red Book. Everyone here tells you to just let go of those prices but yet you still post and reference them in some way.

 

That sounds like an overly broad generalization, as many of them can be bought for prices which seem quite low.

And I wouldn't use annual guides such as the "Red book" to make such determinations. Often, the prices are outdated by the time the book goes to print.

 

Are you looking at sold items in "completed auctions" or "Buy It Now" listings and auctions with no bids. Big difference. The sellers can ask what ever they want but what it sells for is what matters.

 

I see a 1906 PF69 NGC Franklin went for $100 under what NGC values the coin at and a 1959 PF69 NGC Franklin went for $80 under what NGC valued the coin at as well.

A 1963-P PCGS PR67CAM, sold for $54.00 and PCGS lists the value at $75.

If anything, Franklins are selling for less than their respective TPG values them at.

 

All I know is, about 4 months ago NGC Slabbed proof franklins sold for around $25.

Now they bring $32-$35, or more.

Their seems to be a growing demand for them.

 

A lot will depend on what year you're talking about.

Are you comparing 60-63 proofs with earlier years? Grade? Designations? Attributions? That all factors in.

I've been watching the market, on Franklins in particular, for the past 6-8 months and I've haven't noticed any spikes or drops of major significance.

If anything, I've noticed prices well below what they've been valued at, on several online auction sites as well as at local shows.

 

Is this on eBay or how many other auction sites and independent dealers have you researched to determine this? If you're just going by eBay, then I'd say your data wouldn't even hold up. That'd be like a car salesman claiming Ford F-150 sales are on the rise because they got 15 more sales than the previous month, not checking other dealers (even other makes and models as well).

 

Well, I didn't clarify that well and should have elaborated such statement. I agree with what you said and should have said. I'm just trying to get Detecto to stop going by the Red Book, which he does way too often.

 

any closed auction links?

 

Just search under eBay completed listings for Franklin Half dollars, certified PCGS and NGC.

 

Any info to support this claim? Or is this like the rainbow coins thread (creating a thread just to post a well-known fact)

 

Good observation detecto. If you have too much time on your hands and study eBay/HA trends like I do, you would catch on to this as well. I have made a few posts about this. Especially in the slabbed/DDO-DDR + Natural toned department. I believe the economy is drawing people to Franklins. They want nice MS coins that won't break the bank. Also, it is what I consider a slam dunk series when it comes to Marketing. NGC has higher standards in the FBL department. PCGS has more toned Frankie’s. Then you have all of the DDO's/DDR's that PCGS never found. I find this highly ironic. No joke, I find about 1 DDR a week in a PCGS Slab. Almost never in an NGC slab. Now how could this happen? 3 officials agree on the grade, but all three miss the DDR? This might be a brilliant marketing scheme. The PCGS slabs actually draw more attention (besides FBL variety) because they apparently miss DDR's. That is like letting metal detector enthusiasts loose on an ancient battlefield. I may be impartial because I love the series, but I know what you are talking about. It is a feeling. You don't have to have 25+ years experience to understand this.

~jason

 

Here. I would say this would have sold for less than 400 6 months ago.


http://www.ebay.com/itm/1958-d-NGC-...06?pt=Coins_US_Individual&hash=item4cfda0e1ca

 

I've been collecting the Franklins and have been noticingnthe rise. In July I bought a PCGS graded Ms 64 1948d franklin for $40. One sold for $68.

 

NGC/Numismedia value that coin at $1040, so it sold for about half of that.

 

There's a difference between the FBL on the label as compared to not on the label because it isn't an FBL.

I've found 7 48-D FBL Franklins that sold between $43 and $68, including an PCGS 64 FBL that sold for $50.

NGC/Numismedia values the 48-D, MS64 FBL at $48.75, FYI.

 

BU the auction isn't over yet. I was making a hypothetical statement. You say the numismedia value is 1040. We'll see what it sells for and compare it to realized prices 6 months ago. This will be a good test of the market.


Also: In your opinion do you see a trend of slabbed FBL's that wouldn't qualify as FBL via NGC?

 

In order to have any validity, any claims that Franklin half dollars are selling for more or "going high", should be backed up by numerous examples which compare apples to apples. Thus far, I have not seen any such support for the claim.