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<p>[QUOTE="troyheights, post: 429004, member: 11271"]What order should I collect series X in seems to be a common question. My view is that since you ultimately want the whole series, wait till a nice coin at a nice price comes along that you need, then buy it.</p><p><br /></p><p>Franklins are plentiful in MS 64,65 and for some years 66 too. The only rarities are certain poorly struck years where FBL strikes are hard to find (49S, 52S) and the 53S FBL which is almost non-existent.</p><p><br /></p><p>Concerning the Omaha Bank Horde pedigree: Early on in my Franklin collecting I purchased an OBH coin, it was such a bright wonderful coin that I thought that all OBH coins would be nice. The second OBH coin I purchased was clearly a 63 sitting in a 64 holder; so I did some work and here is what I found: The OBH is a cache of coins owned or controlled by Heritage Auctions. They're slabbed though bulk submission to PCGS. Many postings felt that PCGS was a bit lax in the standards they used when slabbing these coins. Quarter and penny collectors seemed particularly vocal. So, as always, buy the coin, not the holder.</p><p><br /></p><p>"Buy the best coin you can afford" has always struck me a poor advice for two reasons. The first is that the best in this advice means highest grade. I prefer sharp AU coins to noticeably bagged marked MS examples. Others would be happier with a nice rainbow toned MS64 than a blast white 66. There are many ways to evaluate coins. The second reason I dislike this advice is that it is usually followed with statements about future value. Coin collecting is a hobby. No collectible is an investment.</p><p><br /></p><p>Better advice to me is this: Only purchase coins that make you happy. For me this is particularly true of Franklins. Most 64s and 65s come from bank rolls, so it isnt that hard to find an undipped coin that is still nice and bright. Many of the 66 and 67 Franklins come from mint sets and suffer from toning I find unatractive. Also, the market places a substantial premium on full bell lines. With a good eye you can get some very nice coins that dont quite measure up to the FBL standard, thus sell at a substantial discount, but are quality examples none the less.[/QUOTE]</p><p><br /></p>
[QUOTE="troyheights, post: 429004, member: 11271"]What order should I collect series X in seems to be a common question. My view is that since you ultimately want the whole series, wait till a nice coin at a nice price comes along that you need, then buy it. Franklins are plentiful in MS 64,65 and for some years 66 too. The only rarities are certain poorly struck years where FBL strikes are hard to find (49S, 52S) and the 53S FBL which is almost non-existent. Concerning the Omaha Bank Horde pedigree: Early on in my Franklin collecting I purchased an OBH coin, it was such a bright wonderful coin that I thought that all OBH coins would be nice. The second OBH coin I purchased was clearly a 63 sitting in a 64 holder; so I did some work and here is what I found: The OBH is a cache of coins owned or controlled by Heritage Auctions. They're slabbed though bulk submission to PCGS. Many postings felt that PCGS was a bit lax in the standards they used when slabbing these coins. Quarter and penny collectors seemed particularly vocal. So, as always, buy the coin, not the holder. "Buy the best coin you can afford" has always struck me a poor advice for two reasons. The first is that the best in this advice means highest grade. I prefer sharp AU coins to noticeably bagged marked MS examples. Others would be happier with a nice rainbow toned MS64 than a blast white 66. There are many ways to evaluate coins. The second reason I dislike this advice is that it is usually followed with statements about future value. Coin collecting is a hobby. No collectible is an investment. Better advice to me is this: Only purchase coins that make you happy. For me this is particularly true of Franklins. Most 64s and 65s come from bank rolls, so it isnt that hard to find an undipped coin that is still nice and bright. Many of the 66 and 67 Franklins come from mint sets and suffer from toning I find unatractive. Also, the market places a substantial premium on full bell lines. With a good eye you can get some very nice coins that dont quite measure up to the FBL standard, thus sell at a substantial discount, but are quality examples none the less.[/QUOTE]
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