I've got a 1951 proof Franklin half graded by NGC at PF67. I'm considering selling it, but I am having trouble determining a fair market price. I always rely upon eBay completed sale prices when trying to price coins (or anything, for that matter). The problem is that the vast majority of completed eBay sales for this coin were "buy-it-now" sales with "best offer accepted". However, eBay does not tell you WHAT that best offer was. The only one that I could find that was not a "best offer accepted" was a $1400 sale. I was hoping that the experts on this forum might be able to offer some free advice for me as to how to get the most out of this coin. I realize that, in order to price the coin, a photo is needed. I will do that. I'm out of town this week and need to dig the Franklin out of my safe. But I can post photos this weekend. For now, I'm just trying to figure out HOW to price it fairly. Thanks in advance.
As the price guide quotes 2150.00 for a 67 ,those looking for this specimen I would believe that they be looking for a camo specimen . We know that would be double plus for this coin in 67. That makes me think that 1400.-1500. Would be about right. Sometimes a coin as such is worth far more then a buyer is willing to pay. And also you need to find a buyer looking for this coin. I had the same issue with a 1971 s no s Jefferson in 67 deep camo. Great coin but not many buyers interested or had 1800.00 to spend.
Thanks a lot, Paddy. I've been collecting for 40+ years. But I am, by no stretch, an expert (that's why I'm here). I always take NGC and PCGS "values" with the proverbial grain of salt. Nothing (coin, car, house, etc) is "worth" more than what a willing buyer is willing to pay. I figured that the $1400-$1500 range was pretty much par for the course. Then again, if I can get more for it, I'd hate to leave money on the table. I don't remember exactly when I bought the coin or exactly how much I paid for it. I believe that I bought it in 2010. And I know that I paid a lot less than $1400 for it.
For anyone trying to see what a best offer sold for, use watchcount (paste in the ebay listing item and search). For example, take this listing: http://m.ebay.com/itm/1951-NGC-PF-67-Franklin-half-proof-50-cent-high-grade-registry-set-/152409276813?hash=item237c4d018d:g:XiMAAOSwA3dYh~5q&_trkparms=pageci%3A415b3abb-e7ea-11e6-b569-74dbd1e066af%7Cparentrq%3Af5f829911590a2af06ba702effd2bb92%7Ciid%3A4 Paste in the ebay item number to watchcount Item Number: 152409276813 http://www.watchcount.com/#serp And sometimes you'll have to click history on the page above to get the 1,800 selling price: http://tinyurl.com/jg6xk6k
Unfortunately the last link from above does not work when pasted here. However, it does work if you go through watchcount. Edit: using tiny url, it now seems to work!
Another place to check prices is Heritage Auctions. Register for an account (it's free) and you will have access to their auction history.
No worries Mark, sometimes owning something worth a lot of money isn't a blessing . And you are correct as to book value and what both someone is willing to pay , or what the market will support. We have a friend of the family who owned over 20 acres water front home that was over 38,000 Sq ft ! The land at one point had a 360 degrees water view. Pool,stables, tennis courts a 5000 Sq ft guest house! After her husband passed the wife played hell trying to liquidate the property . One reason was comps,as there wasn't any other properties in the state that could compare to theirs. Next was finding a buyer who wanted a white elephant ! Then be able to pay a price for such a home. Good luck finding a buyer and a reasonable value for your specimen .
Thanks again, Paddy. And also to 5d. Your willingness to share experience and knowledge is greatly appreciated!
Out of curiosity, I looked at recent Great Collections auctions. Winning prices for 67s generally range from $1,300 up to $1,600 (including 10 percent bidding fee). However, one went for over $2,200.
I have been out of town since Sunday. I finally had some time last evening to go digging to find it. The uploaded photos (especially the obverse) do not do the coin justice. To my eye, the reverse is hands-down cameo. As I mentioned in my original post earlier this week, I'm not sure that I even wish to sell it. Perhaps I should put it under "Wanted to Sell" and see if I get any bites on it. And I'd much rather take a little less for it on this forum than list it on eBay and give THEM the money. If anybody wishes to throw me an offer, please feel free.
