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<p>[QUOTE="Lehigh96, post: 1373827, member: 15309"]Alan,</p><p><br /></p><p>I am sorry but I can't take anymore of this thread. I have typed a response three times and decided not to post it each time because I like you and don't want to offend you. But as this thread has progressed I have changed my thinking about the information I am about to give you. It may offend you slightly, but if you take the information constructively, it will help you avoid making a costly mistake in the future.</p><p><br /></p><p>1) It is impossible to grade proof coins from photos. Not difficult, IMPOSSIBLE. You can't see hairlines. You can't evaluate the mirrors. The appearance of the coin including the color is almost always different in hand. For these reasons, if you are going to buy a proof coin sight unseen, you should restrict yourself to purchasing PCGS and NGC graded examples.</p><p><br /></p><p>2) When an online seller offers a photograph at an extreme angle, you should RUN the other way. And when I say RUN, I mean RUN as if there was a polar bear chasing you. The purpose of photographing coins at angles is make the coin look better than it really is. You see, it makes absolutely no difference if the seller sends you the coin in the photo or any other proof that he has in his stock. Using that photographic method, he can make almost every one appear flawless. Based on what I have seen from this seller, I would never buy anything from him.</p><p><br /></p><p>3) From the seller's perspective, at this point he has probably deemed you a problem customer. He listed on his website that it was a stock photo and you insisted that you wanted the coin in the photo for an item that he is selling at very close to melt. Don't think of the gross sales amount of $18. Think about how much profit he is going to make of this item. It is not much and unless you ordered other items in addition to this coin, I am sure he is not losing a second of sleep about losing you as a customer. I am not saying it is right, rather I am looking at the reality of the situation.</p><p><br /></p><p>4) IMO, you didn't get a great coin at a great price. You are getting a piece of silver bullion at retail price. I took a quick look on E-Bay and found a few NGC PF67 1961 Franklins with cameo contrast available for less than $50. And in that grade, it is considered a widget. The graded population in PF67 is 6712/2344 and they usually sell for $30-$40. I purchased my 1961 Franklin Half NGC PF67 12 years ago for $28. </p><p><br /></p><p><img src="http://i117.photobucket.com/albums/o59/ACPitBoss/Franklin%20Half%20Dollars/FHD1961NGCPF67.jpg" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /></p><p><br /></p><p>The value has only increased a few dollars and that increase is solely related to the increase in silver value. My guess is that the coin you ordered will not even grade PF65. You must realize that your coin has no numismatic value at all which is why the bullion seller your purchased it from was selling it for a bullion price using his photo magic advertising.</p><p><br /></p><p>5) I understand that you want to assemble a raw collection, but there is just no protection when buying raw coins sight unseen. You can try, but I promise, you will run into the same problems over and over again. My advice is to buy PCGS & NGC graded coins and then crack them out. Let's put it this way. I am very proficient at grading Jefferson Nickels, my chosen series. But when I purchase coins for my album collection, I buy PCGS and NGC graded coins and I crack them out. The reason is simple. I can't grade coins using the crappy photos that most online seller provide. No matter how good I am at grading Jefferson Nickels and interpreting photos, the cost of the return postage for the number of coins that I would need to return would make buying raw coins a losing proposition. It is much easier and cheaper to buy graded coins, a towel, and a hammer. I promise that it won't cost more than buying them raw. As an example, I purchased this toned 1947-D Jefferson Nickel PCGS MS65 for $22.50 and the PCGS Price Guide is $22. Perhaps you will recognize the seller from the photo below.</p><p><br /></p><p><img src="http://i117.photobucket.com/albums/o59/ACPitBoss/Jefferson%20Nickels%20Raw/JN1947-DPCGSMS65OH.jpg" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /></p><p><br /></p><p><br /></p><p><br /></p><p>I know this has been really long winded, but I felt that if I was going to give you some advice, it might as well contain some real useful information rather than a short critical quip.[/QUOTE]</p><p><br /></p>
[QUOTE="Lehigh96, post: 1373827, member: 15309"]Alan, I am sorry but I can't take anymore of this thread. I have typed a response three times and decided not to post it each time because I like you and don't want to offend you. But as this thread has progressed I have changed my thinking about the information I am about to give you. It may offend you slightly, but if you take the information constructively, it will help you avoid making a costly mistake in the future. 1) It is impossible to grade proof coins from photos. Not difficult, IMPOSSIBLE. You can't see hairlines. You can't evaluate the mirrors. The appearance of the coin including the color is almost always different in hand. For these reasons, if you are going to buy a proof coin sight unseen, you should restrict yourself to purchasing PCGS and NGC graded examples. 2) When an online seller offers a photograph at an extreme angle, you should RUN the other way. And when I say RUN, I mean RUN as if there was a polar bear chasing you. The purpose of photographing coins at angles is make the coin look better than it really is. You see, it makes absolutely no difference if the seller sends you the coin in the photo or any other proof that he has in his stock. Using that photographic method, he can make almost every one appear flawless. Based on what I have seen from this seller, I would never buy anything from him. 3) From the seller's perspective, at this point he has probably deemed you a problem customer. He listed on his website that it was a stock photo and you insisted that you wanted the coin in the photo for an item that he is selling at very close to melt. Don't think of the gross sales amount of $18. Think about how much profit he is going to make of this item. It is not much and unless you ordered other items in addition to this coin, I am sure he is not losing a second of sleep about losing you as a customer. I am not saying it is right, rather I am looking at the reality of the situation. 4) IMO, you didn't get a great coin at a great price. You are getting a piece of silver bullion at retail price. I took a quick look on E-Bay and found a few NGC PF67 1961 Franklins with cameo contrast available for less than $50. And in that grade, it is considered a widget. The graded population in PF67 is 6712/2344 and they usually sell for $30-$40. I purchased my 1961 Franklin Half NGC PF67 12 years ago for $28. [IMG]http://i117.photobucket.com/albums/o59/ACPitBoss/Franklin%20Half%20Dollars/FHD1961NGCPF67.jpg[/IMG] The value has only increased a few dollars and that increase is solely related to the increase in silver value. My guess is that the coin you ordered will not even grade PF65. You must realize that your coin has no numismatic value at all which is why the bullion seller your purchased it from was selling it for a bullion price using his photo magic advertising. 5) I understand that you want to assemble a raw collection, but there is just no protection when buying raw coins sight unseen. You can try, but I promise, you will run into the same problems over and over again. My advice is to buy PCGS & NGC graded coins and then crack them out. Let's put it this way. I am very proficient at grading Jefferson Nickels, my chosen series. But when I purchase coins for my album collection, I buy PCGS and NGC graded coins and I crack them out. The reason is simple. I can't grade coins using the crappy photos that most online seller provide. No matter how good I am at grading Jefferson Nickels and interpreting photos, the cost of the return postage for the number of coins that I would need to return would make buying raw coins a losing proposition. It is much easier and cheaper to buy graded coins, a towel, and a hammer. I promise that it won't cost more than buying them raw. As an example, I purchased this toned 1947-D Jefferson Nickel PCGS MS65 for $22.50 and the PCGS Price Guide is $22. Perhaps you will recognize the seller from the photo below. [IMG]http://i117.photobucket.com/albums/o59/ACPitBoss/Jefferson%20Nickels%20Raw/JN1947-DPCGSMS65OH.jpg[/IMG] I know this has been really long winded, but I felt that if I was going to give you some advice, it might as well contain some real useful information rather than a short critical quip.[/QUOTE]
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1961 Franklin just beautiful
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