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Why is this PCGS Franklin graded VF30?

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  • amwldcoinamwldcoin Posts: 11,269 ✭✭✭✭✭

    LOL! Classic mechanical error.

  • daltexdaltex Posts: 3,486 ✭✭✭✭✭

    It would be nice if the auction explained why this coin is extremely rare.

  • jesbrokenjesbroken Posts: 10,387 ✭✭✭✭✭

    I would pay VF price for the coin, but it's rarity drove the owner's listing to $198 plus we would have to pay shipping! Guess I'll pass. ;)
    Jim


    When a man who is honestly mistaken hears the truth, he will either quit being mistaken or cease to be honest....Abraham Lincoln

    Patriotism is supporting your country all the time, and your government when it deserves it.....Mark Twain
  • koynekwestkoynekwest Posts: 10,048 ✭✭✭✭✭

    $198 is insane!

  • RollermanRollerman Posts: 1,894 ✭✭✭✭✭

    I think they are considering it rare because of the mis-grading of VF30.

    "Ain't None of Them play like him (Bix Beiderbecke) Yet."
    Louis Armstrong
  • davewesendavewesen Posts: 6,576 ✭✭✭✭✭
    edited February 10, 2021 8:34PM

    to get that asking price, it would need a GOLD CAC (do they have platinum?)

  • mannie graymannie gray Posts: 7,259 ✭✭✭✭✭

    That is hilarious.

  • daltexdaltex Posts: 3,486 ✭✭✭✭✭

    @Rollerman said:
    I think they are considering it rare because of the mis-grading of VF30.

    So instead of rare coin, rare insert?

  • relicsncoinsrelicsncoins Posts: 8,102 ✭✭✭✭✭

    It's a super rare pop 1. :D

    Need a Barber Half with ANACS photo certificate. If you have one for sale please PM me. Current Ebay auctions
  • koynekwestkoynekwest Posts: 10,048 ✭✭✭✭✭

    I don't know why someone would pay slabbing/shipping fees for that coin in the first place but then maybe they just wanted it in a nice holder.

  • BillJonesBillJones Posts: 34,606 ✭✭✭✭✭

    @DollarAfterDollar said:
    Guaranteed CAC Gold, no?

    I would say that it rates a platinum CAC sticker! :p

    Retired dealer and avid collector of U.S. type coins, 19th century presidential campaign medalets and selected medals. In recent years I have been working on a set of British coins - at least one coin from each king or queen who issued pieces that are collectible. I am also collecting at least one coin for each Roman emperor from Julius Caesar to ... ?
  • rickoricko Posts: 98,724 ✭✭✭✭✭

    For some (many) ebay listings, there is just no explanation.... Another possibility is the seller is young and just never saw Franklin halves before... ;) Cheers, RickO

  • privatecoinprivatecoin Posts: 3,566 ✭✭✭✭✭

    A qualifier for a new Diamond CAC.

    Paper money eventually returns to its intrinsic value. Zero. Voltaire. Ebay coinbowlllc

  • FlatwoodsFlatwoods Posts: 4,245 ✭✭✭✭✭

    You had me excited.
    I would pay good money for an actual PCGS 30 Franklin. :)

  • OldEastsideOldEastside Posts: 4,602 ✭✭✭✭✭

    Dang...............PCGS sure was tough that day :smiley:

    Steve

    Promote the Hobby
  • messydeskmessydesk Posts: 20,174 ✭✭✭✭✭

    The way the listing reads leads one to believe the seller hasn't a clue about it. Will CAC even consider stickering obvious mechanical errors?

    John
    Keeper of the VAM Catalog • Professional Coin Imaging • Prime Number Set • World Coins in Early America • British Trade Dollars • Variety Attribution
  • messydeskmessydesk Posts: 20,174 ✭✭✭✭✭

    @daltex said:
    Curiouser and curiouser, I verified the cert and it came back as VF30FBL. I guess the error was leaving FBL off the insert?

    They gave it the coin number 86682, which is 1962 50c FBL, rather than 6682, which is not FBL. It look kind of silly in a column by itself on the CoinFacts page, too.

    John
    Keeper of the VAM Catalog • Professional Coin Imaging • Prime Number Set • World Coins in Early America • British Trade Dollars • Variety Attribution
  • smalltimesmalltime Posts: 178 ✭✭✭

    It's definately not an FBL and it looks like the reverse was the down side when it got ran over on the road.. With all that chatter (mechanical damage) i am surprised they even graded it. Every device on the reverse looks like it laid on the concrete for quite some time.

  • [Deleted User][Deleted User] Posts: 42 ✭

    @messydesk said:
    The way the listing reads leads one to believe the seller hasn't a clue about it. Will CAC even consider stickering obvious mechanical errors?

    I bought the coin from the eBay listing. We’ll find out if CAC will sticker the coin or not. Because the cert verification page shows it as VF30 FBL, my assumption is that CAC must consider it as that grade considering that’s what PCGS graded the coin. To be continued...

  • davewesendavewesen Posts: 6,576 ✭✭✭✭✭

    good luck tonedroosies

  • messydeskmessydesk Posts: 20,174 ✭✭✭✭✭

    @tonedroosies said:

    @messydesk said:
    The way the listing reads leads one to believe the seller hasn't a clue about it. Will CAC even consider stickering obvious mechanical errors?

    I bought the coin from the eBay listing. We’ll find out if CAC will sticker the coin or not. Because the cert verification page shows it as VF30 FBL, my assumption is that CAC must consider it as that grade considering that’s what PCGS graded the coin. To be continued...

    I would have called CAC first.

    John
    Keeper of the VAM Catalog • Professional Coin Imaging • Prime Number Set • World Coins in Early America • British Trade Dollars • Variety Attribution
  • braddickbraddick Posts: 24,513 ✭✭✭✭✭

    My understanding is CAC will not sticker a coin that PCGS has mislabeled. For example, I have a mint state- probably MS65 quality- 1950-D nickel in an XF40 PCGS slab. I contacted CAC (thinking it would be cool to have a gold CAC sticker), and it was a non-starter. CAC knows a mechanical error vs. a truly undergraded coin.

    peacockcoins

  • JimWJimW Posts: 570 ✭✭✭✭

    So what do we think the grade was that should have been on the holder, not your opinion necessarily, but what PCGS meant to put on it but a mistake was made somewhere in the process? Presumably the first digit should have been something else, e.g., MS60

    Successful BST Transactions: erwindoc, VTchaser, moursund, robkool, RelicKING, Herb_T, Meltdown, ElmerFusterpuck, airplanenut

  • davewesendavewesen Posts: 6,576 ✭✭✭✭✭

    @braddick said:
    My understanding is CAC will not sticker a coin that PCGS has mislabeled. For example, I have a mint state- probably MS65 quality- 1950-D nickel in an XF40 PCGS slab. I contacted CAC (thinking it would be cool to have a gold CAC sticker), and it was a non-starter. CAC knows a mechanical error vs. a truly undergraded coin.

    maybe because it is not a coin they accept?

    https://caccoin.com/#coins-accepted

  • braddickbraddick Posts: 24,513 ✭✭✭✭✭

    @davewesen said:

    @braddick said:
    My understanding is CAC will not sticker a coin that PCGS has mislabeled. For example, I have a mint state- probably MS65 quality- 1950-D nickel in an XF40 PCGS slab. I contacted CAC (thinking it would be cool to have a gold CAC sticker), and it was a non-starter. CAC knows a mechanical error vs. a truly undergraded coin.

    maybe because it is not a coin they accept?

    https://caccoin.com/#coins-accepted

    Good catch!
    My phone conversation dealt mostly with simple mislabeled coins though.

    peacockcoins

  • Tom147Tom147 Posts: 1,485 ✭✭✭✭✭

    @ricko said:

    Another possibility is the seller is young and just never saw Franklin halves before... ;) Cheers, RickO

    ricko, He has over 31,000 sales. I do not understand this auction but at that price, I've got about $ 40,000 worth of Franklins I need to get listed on eBay.

  • cameonut2011cameonut2011 Posts: 10,181 ✭✭✭✭✭
    edited February 13, 2021 10:08AM

    Lucky submitter:

    • PCGS pop 1 (for non-FBL)
    • Tied for poorest known (apparently there is also a pop 1 VF30 FBL example)
    • Error label/slab
    • Virtually guaranteed CAC gold sticker

    There's a lot of gimmicky marketing to be done there!

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