Hi everybody, Here are some pics of a 1949 Franklin half I got at the coin show Sunday. It is in an old ANA slab. I think it would easily upgrade to a MS-62 or 63. It has nice blue toning on the front and back. It was a great buy for $10. Anyone else want to post an old ANA slab? Charlie
Nice half...from these photos I don't see any reason why its not a MS... I don't have any OLD ANACS holders but I think these are neat! Speedy
You don't see a lot of those. ANACS only used them for about four or five months between the time they started using slabs in Nov of 1989 and when Amos Press bought them and took over in the spring of 1990. And of course in the fifteen years since them many of them have been cracked out for upgrading or crossovers.
Simple question Charlie, if it were really a AU back in late 89 or early 90, then how could it be a MS now? I don't believe just laying around in a slab could remove the damage that caused it to be graded AU suddenly be gone. Yah I know, gradeflation. Baloney! Just another way of releaving a sucker from his money.
Haven't you heard about the 1974 aluminum cent. ICG graded it AU-58 and PCGS graded it MS-62. There is a very fine line between AU-58 and MS-60-62. JMHO, Charlie
But OldDan...couldn't it have been undergraded back then?? Also if Charlie is going to sell the coin what would be better....to get AU price on a coin the buyer is going to have up'ed to MS and sell again or for Charlie to have it regraded and get the $$ that the buyer is willing to pay?? I know what you mean and I agree...grading shouldn't change...but since it is changing I think it is a good idea to keep up with it and just hope that one day more collectors will agree with us. Speedy
Yup - it is a fine line. But it is a line that is determined by wear. And if there was wear on the coin then ( which caused it to be graded 58 ) - there is wear on the coin now. There is one possible explanation by which the coin might be upgraded. Fifteen years ago is was not uncommon for a coin with light cabinet rub to be graded as AU. But in a strict sense an Unc coin with cabinet rub is not circulated - thus some of the grading companies will now grade these coins as Unc. At least that is the explanation they use. To me however - wear is wear, regardless of how it occurred. In a change drawer or a coin cabinet - it's still wear.
You are absolutely right, it may have been undergraded then, but then it's also possible that it could be "overgraded" now. See my point? No Speedy I don't agree that this is a good thing and someday everyone will accept it as such. I happen to believe what both GDJMSP and Conder said. Here is a question that should be answered if they think they can do it, before giving out higher grades.
I see it...a good point at that.... I'm sorry I said it wrong...what I ment was that one day maybe the collectors will go back to the way I learned and the way that we grade...now days they up the grade...I don't think thats right...I see it as wrong...but its has happened.... Speedy
Is the blue toning on this caused by the slab? I have seen several old ANA slabs with coins that had similar blue toning. Thanks, Charlie
I doubt it had anything to do with the slab. It looks like original mint set toning to me. But I have seen a few examples like that come from older albums.
Congratulations [or coingratulations], Charlie! However, this convinces me that I'll never get the hang of grading. I would have never even recognized this as being in the AU-MS63 range in the first place due to the toning. I don't know how you guys can do that from a photo or scan.
Yep, I'm glad I sent it in. They sent me the new submission forms and prices. 2-days- $39 (max value $10,000/coin) 5-Days- $25 (max value $5,000/coin) 10-Days- $15 (max value $2,000/coin) Economy(21 days)- $12 (max value $500/coin) Modern(16 days)- $11 (1964-present) Charlie
No, and you can't mix tiers on the same form. Also, the form and rates are "valid through 6-30-2006." Charlie