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1958 Franklin Half Dollar PCGS MS67+ FB CAC sells for $110k at auction
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<p>[QUOTE="GoldFinger1969, post: 3397446, member: 73489"]You make some good points, but let me play Devil's Advocate:</p><p><br /></p><p>Someone submits a medium-tough to get Saint Gaudens Coin. Not a common but not one of the coins costing 5 or 6 or 7-figures.</p><p><br /></p><p><b><span style="color: #ff0000">In 30 seconds, even if you are an expert, you have to look for:</span></b></p><p><br /></p><p>(1) Scratches in the fields. How many, how deep.</p><p>(2) High points like Liberty's breast (obverse) and Eagles wings/breast on reverse. Check the Torch. Mouth and nose on Lady Liberty -- worn, or still sharp ?</p><p>(3) Verify that the coin is NOT a fake or very good copy like the Omegas. Need to look closely at strike and date.</p><p>(4) Any nicks on edges of coin.</p><p>(5) Year Particulars: Some years the strikes stunk and you won't be dazzled, other years the coins are well struck. You need to know this upfront or you might over or undergrade a coin.</p><p>(6) Copper spots and toning: a plus or a minus ?</p><p><br /></p><p>That's just a few things off the top of my head, I'm sure there are more.</p><p><br /></p><p>OK, I'm no expert in grading but I think I would probably need 2-3 minutes to get to within 90% accuracy.</p><p><br /></p><p>My specialty is investing and money management and while I can an alalyze a portfolio with the best of them, I need time. I can't analyze and do a risk analysis and an asset allocation sight-unseen or within 30 seconds, even though that is my field of expertise.[/QUOTE]</p><p><br /></p>
[QUOTE="GoldFinger1969, post: 3397446, member: 73489"]You make some good points, but let me play Devil's Advocate: Someone submits a medium-tough to get Saint Gaudens Coin. Not a common but not one of the coins costing 5 or 6 or 7-figures. [B][COLOR=#ff0000]In 30 seconds, even if you are an expert, you have to look for:[/COLOR][/B] (1) Scratches in the fields. How many, how deep. (2) High points like Liberty's breast (obverse) and Eagles wings/breast on reverse. Check the Torch. Mouth and nose on Lady Liberty -- worn, or still sharp ? (3) Verify that the coin is NOT a fake or very good copy like the Omegas. Need to look closely at strike and date. (4) Any nicks on edges of coin. (5) Year Particulars: Some years the strikes stunk and you won't be dazzled, other years the coins are well struck. You need to know this upfront or you might over or undergrade a coin. (6) Copper spots and toning: a plus or a minus ? That's just a few things off the top of my head, I'm sure there are more. OK, I'm no expert in grading but I think I would probably need 2-3 minutes to get to within 90% accuracy. My specialty is investing and money management and while I can an alalyze a portfolio with the best of them, I need time. I can't analyze and do a risk analysis and an asset allocation sight-unseen or within 30 seconds, even though that is my field of expertise.[/QUOTE]
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1958 Franklin Half Dollar PCGS MS67+ FB CAC sells for $110k at auction
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