Newest endeavor - Franklins

Discussion in 'US Coins Forum' started by gboulton, Jul 24, 2012.

  1. gboulton

    gboulton 7070 56.98 pct complete

    For whatever strange reason that compels folks like us, a couple of months ago, I decided to start another set.

    Business strike Franklins, MS-64 or above, with NGC or PCGS FBL designation.

    After watching several weeks of auctions and sales, it seems that some general statements can be made about coins found in both holders.

    PCGS examples seem to be more in line with my eye for grading. I find the 64s to be considerably cleaner and less chattery than their NGC counterparts. NGC MS64s seem to regularly have noticeable gouges and dings on almost any part of the obverse, frequently disracting from the overall eye appeal of the coin imo.

    NGC examples, on the other hand, are consistently better-struck. To begin with, NGC demands 2 full sets of lines for the FBL designation, where PCGS demands only one...but even beyond that, NGC seems to be considerably stricter in their interpretation of what a 'full set of lines" is. Even allowing for PCGS's lower standard, they seem to be much more lenient on the one set of bell lines they DO consider.

    Having said all of that, in MS64 a vast majority of this set simply isn't pricey enough to get TOO worked up about it. So, the intent is to go after coins that I like for one reason or another, that, for my money, stand out from others in their grade and price range. :)

    So...I began tonight with a 57 and 59D from Teletrade. (Seller pictures below)

    The 57 is in a PCGS MS64FBL holder. I really quite enjoy the blue speckling on the reverse, and the obverse is as clean as I'm likely to find in a 64.

    1957 PCGS MS64FBL Obv.jpg 1957 PCGS MS64FBL Rev.jpg

    The 59D is in an NGC MS64 FBL holder. I grabbed this one primarily because I was able to get it at a decent price, and it's got one of the nicer reverses I've seen for the grade, with a typical NGC quality strong strike for the FBL designation. The obverse is cleaner than most of their 64's as well, imo. Overall, simply a nice example for the grade, especially for the price.

    1959D NGC MS64FBL Obv.jpg 1959D NGC MS64FBL Rev.jpg


    With everyone's kind tolerance, I'll update this thread as I acquire further examples. Who knows how long it will take, or how successful I'll be...but I at least think it'll be fun sharing the process, anyway. :)

    I welcome comments and insights, of course. :)
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  3. kipling401

    kipling401 Member

    Nice coins! I am thinking about starting a similar set of Franklins. I just bought a '61 proof and now I am stuck deciding which way to go, MS/PF.
  4. Morgandude11

    Morgandude11 As long as it's Silver, I'm listening

    I love mullet man coins! They are great, and easily collectible--only one real conditional rarity of the MS coins, and a couple of difficult proofs.
  5. Morgandude11

    Morgandude11 As long as it's Silver, I'm listening

    I would disagree. I think the PCGS Franklins have better strikes, and better eye appeal. NGC is stricter on FBL designation, but overall? I own more attractive PCGS than NGC Franklins.
  6. gboulton

    gboulton 7070 56.98 pct complete

    Thanks for the comments, gang. :) And yes, I agree Morgan...a fairly easily obtained MS set, with the exception of the 53S.

    I should have mentioned that exception in my OP as well. In MS64 it will likely remain well out of my price range for the foreseeable future, so that one coin will likely wind up being the nicest 63 I can find.

    I'm also hoping it will make a nice compliment to my existing complete Kennedy set, working backwards in time as it were. :)

    I still maintain NGC's tighter standards for the FBL designation result in their FBLs being better struck coins as a general rule.

    Strike, however, seems the only thing we disagree on. Regarding eye appeal, I said as much...PCGS's 64s are, imo, generally more attractive for the grade, and closer to what I would grade as a 64 myself. In fact, I specifically pointed out that NGC coins hold less eye appeal for me as a general rule.
  7. Morgandude11

    Morgandude11 As long as it's Silver, I'm listening

    I have most of the set in MS 65, and about half of them are FBL. My 53S is a 64 and pretty nice. The majority of them are PCGS, and the Proofs are evenly split between NGC and PCGS. Frankly, the hardest coin for me was the 1950 proof--I found a very nice PR 65 PCGS with CAC that wasn't insane in price--normally that is an extremely tough coin to find that is attractive due to poor quality of early Franklin proofs. I lucked out on that one--it has been posted here before, but I will repost:

    50 proof cac.jpg 50 proof.cac rev.jpg

    This one was the toughest to find that I would even consider spending the going rate for.
  8. gboulton

    gboulton 7070 56.98 pct complete

    That's a stunner! Thanks for sharing that.
  9. Morgandude11

    Morgandude11 As long as it's Silver, I'm listening

    You are welcome! I still have not found a 51 proof that I was willing to spend $400 for, as most of them were ugly, and poorly struck. Low mintages of all the early proofs make the playing field small.
  10. green18

    green18 Unknown member Sweet on Commemorative Coins Supporter

    Dr. Franklin series is worthy indeed. I've a circulated set pulled from pocket change back when this poor old devil was a wee bit younger. I've always admired Ben. Statesman, printer, postmaster, ladies man.......:)

    Thinkin' I might take up where I left off in '63 one day soon.
  11. MakingCents

    MakingCents New Member

    And a pretty good Chess player, i love chess, and some of his stories of playing in Paris are quite funny. You forgot, a very sexy mullet.
  12. green18

    green18 Unknown member Sweet on Commemorative Coins Supporter

    And, dare I add, a student of romance languages......
  13. MakingCents

    MakingCents New Member

    An overall package if you ask me :D
  14. bonbonbelly

    bonbonbelly Feel MS68 Look AG3

    Nice coins! I do have one suggestion though. When I put my MS set together, I bought both toned and blast white coins, I guess it depended on my mood at the time. When the set was complete, the contrasts between the two appearances bothered me. I decided I liked the consistency of the blast white coins and sold the toners to pay for untoned replacements. You may want to decide early which appearance appeals most to your liking. It may save some serious time and money when you reach the end of the hunt and see the overall picture. Good luck with the collection, it is a fun set to put together.
  15. gboulton

    gboulton 7070 56.98 pct complete


    Ole' Ben was indeed something of a standard setter for a great many gentlemanly traits. :)


    Thanks for the input. I already own some "mixed" coins as it were, so know the contrast won't bother me, but it's certainly good advice, and worth keeping in mind for anyone starting a set. :)
  16. BUncirculated

    BUncirculated Well-Known Member

    I have one set complete 64 and higher on the uncirculated coins, and 64 and higher on proofs.

    Currently working on a 64FBL set of uncirculated Franklins.
  17. Morgandude11

    Morgandude11 As long as it's Silver, I'm listening

    That is a very good point--the contrast can be a bit stark at times. I, too, have most of the Franklins evenly divided into toners and white coins (recently bought two of gbroke's incredible toned proofs). However, I like the variety, and also am well aware that most Franklins that are blast white were undoubtedly dipped fairly recently (within the past 20 years). So, enjoy both toned and white coins, and have a set that is relatively easy to assemble, and will definitely appreciate, as Renaissance Man Ben was not appreciated as a coin for far too long. I love those coins, and think the reverse is a spectacular design.:)
  18. gbroke

    gbroke Naturally Toned

    Go Franklin!


    I do pick on Franklin once in a while, but really, I like all coins. Franklin halves do produce some beautiful toners.
  19. MakingCents

    MakingCents New Member

  20. bradarv90

    bradarv90 Member

    If I found one that toned like that, I would get a loan just to buy it.
  21. green18

    green18 Unknown member Sweet on Commemorative Coins Supporter

    What I'd give to just grow hair like that.........
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