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<p>[QUOTE="Anntron, post: 8172182, member: 109580"]Just to follow up:</p><p><br /></p><p>My OP said:</p><p><br /></p><p>“<i>Since PCGS and NGC do not attribute this variety, there are no stats on the number struck off the reverse proof dies. Casual tracking shows that it is at least a condition rarity and maybe the finest known.</i>”</p><p><br /></p><p>Turns out, I was wrong on both accounts. </p><p><br /></p><p>First, thanks to [USER=104064]@KBBPLL[/USER], and the NGC link I have learned that NGC not only recognizes the attribute but also keeps stats. If I had to venture a guess as to why their percentages are slightly skewed from my research, I’d say that NGC recently recognized the Type 2 variety and, out of necessity, had to lump all its original 1958 and 1959 Franklin stats into Type 1.</p><p><br /></p><p>Second, PCGS is the only grading service that does <b><u>not</u></b> recognize the Franklin Type 2 reverse and keep stats. As for all the other grading services, again the numbers are skewed because when TGS’s began recognizing the variety, they had to lump all their original 1958 and 1959 Franklin stats into Type 1.</p><p><br /></p><p>As to condition rarity, thanks to [USER=103898]@Revello[/USER] links to Coinfacts, you can find several 1959 Type 2 reverses in MS66+ or MS67. Wow! It is interesting to note, out of 26, there is still only <b>one</b> 1958 FBL Type 2 in the PCGS photo gallery and only one in the 62 MS images. Despite the lack of recognition, the 1958 Type 2 in MS 65 or above is a rare coin. Hey [USER=73266]@Hommer[/USER], in FBL, the 1958 Franklin is rarer than the 1961 Proof FS-801 DDR! $$$</p><p><br /></p><p>As to grading, [USER=111931]@john65999[/USER], I agree with you. Years ago, [USER=24314]@Insider[/USER] taught me to grade with fluorescent light and/or an orange filter. If you want to see how a coin should grade, look at it in black and white. TGS grading bias toward color is relative to the market, metal, and series. Toning is PMD, same as a scratch. There is no question it can be beautiful but no matter what, it is an artificial enhancement. That being said, even a pig with lipstick can have eye appeal and thus be worth “moon” money. (Oops, hijacking my own thread.)<img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie76" alt=":playful:" unselectable="on" unselectable="on" /></p><p><br /></p><p>As to images, [USER=13307]@stldanceartist[/USER] nice coin, and great image.</p><p><br /></p><p>Thank you all for your input and comments. I learned some valuable information and can now get a better handle on this variety. I hope the person who won that auction knows what they have. The funny thing is, I now know more about this variety than when I first posted. Cool....[/QUOTE]</p><p><br /></p>
[QUOTE="Anntron, post: 8172182, member: 109580"]Just to follow up: My OP said: “[I]Since PCGS and NGC do not attribute this variety, there are no stats on the number struck off the reverse proof dies. Casual tracking shows that it is at least a condition rarity and maybe the finest known.[/I]” Turns out, I was wrong on both accounts. First, thanks to [USER=104064]@KBBPLL[/USER], and the NGC link I have learned that NGC not only recognizes the attribute but also keeps stats. If I had to venture a guess as to why their percentages are slightly skewed from my research, I’d say that NGC recently recognized the Type 2 variety and, out of necessity, had to lump all its original 1958 and 1959 Franklin stats into Type 1. Second, PCGS is the only grading service that does [B][U]not[/U][/B] recognize the Franklin Type 2 reverse and keep stats. As for all the other grading services, again the numbers are skewed because when TGS’s began recognizing the variety, they had to lump all their original 1958 and 1959 Franklin stats into Type 1. As to condition rarity, thanks to [USER=103898]@Revello[/USER] links to Coinfacts, you can find several 1959 Type 2 reverses in MS66+ or MS67. Wow! It is interesting to note, out of 26, there is still only [B]one[/B] 1958 FBL Type 2 in the PCGS photo gallery and only one in the 62 MS images. Despite the lack of recognition, the 1958 Type 2 in MS 65 or above is a rare coin. Hey [USER=73266]@Hommer[/USER], in FBL, the 1958 Franklin is rarer than the 1961 Proof FS-801 DDR! $$$ As to grading, [USER=111931]@john65999[/USER], I agree with you. Years ago, [USER=24314]@Insider[/USER] taught me to grade with fluorescent light and/or an orange filter. If you want to see how a coin should grade, look at it in black and white. TGS grading bias toward color is relative to the market, metal, and series. Toning is PMD, same as a scratch. There is no question it can be beautiful but no matter what, it is an artificial enhancement. That being said, even a pig with lipstick can have eye appeal and thus be worth “moon” money. (Oops, hijacking my own thread.):playful: As to images, [USER=13307]@stldanceartist[/USER] nice coin, and great image. Thank you all for your input and comments. I learned some valuable information and can now get a better handle on this variety. I hope the person who won that auction knows what they have. The funny thing is, I now know more about this variety than when I first posted. Cool....[/QUOTE]
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