FC57 & Lucy - Where Will the Hammer Drop?

pmh1nic

What's your guess on what it will take to win this?

oldcameoproofsguy

SWAG... $25,000

FC57Coins

My guess is more in the $10,000 range. To be honest, either this is a really bad picture (par for Heritage) or really the coin doesn't impress that much. Yes it's clean (though I'm not sure what's going on above the PASS AND STOW) but I would expect killer luster on this date. We'll see - there are a lot of registry sets that would love to have this specimen!

Frank

relayer

$8169.44

mdwoods

It's a pop 6/0 coin. The reverse is nicer than the obverse. There are some awful nice 65s out there with more interesting toning. Mark.

Oh, you are right Frank, I didn't see the scrapes at first on the Bell.

mdwoods

Look at the previous lot, which is the same year/mint in a PCGS 65FBL holder. To me, it is the nicer of the 2 coins.

Merc

Looks overgraded to me too. I have a 1960-D FBL PCGS MS65 FBL that looks about the same as this MS66 coin. Mine is blast white too so I like it better. This coin may go lower than expected if the buyers really take a look at it and grade it for themselves.

Here is one I have that got just MS64. The mark on the shoulder is on the holder and not the coin. I'm thinking about sending back for grading.

1960-D MS64

FC57Coins

The picture below shows an excellent example of how tough it is to distinguish between MS65 and MS66 Frankies. If you note on the picture to your left - the MS65, although pretty free of significant contact marks, the face has a bit of roll/friction marks, and there are some minor contact marks on Franklin's shoulder. On the obverse picture to the right, the MS66, there are some minute contact marks on the face, and very minimal roll friction marks on next to the mouth and nose. This apparently gives the edge to the MS66 on the obverses. On the left reverse, there is a significant hit on the tressle immediately below the mint mark and a small mark below the first set of bell lines in the upper left cuadrant. On the reverse to the right, the MS66 reverse, there are minute contact marks around the bell and that's all. There is a disturbance above Pass and Stow, which could be from the plastic. Overall both of these coins are premium examples within their own grades, both show a good strike and strong bell lines. Both of these coins are at the very top of the grading scale for their grades. But I'd give the edge to the coin on the right.

Frank

mdwoods

Thanks for the explanation Frank. I'm glad I didn't have to decide which was the higher grade coin. If I hadn't known, I would have picked the other. I don't have a handle on roll friction. I need more practice. Distinguishing between a 65 and 66 is TOUGH!!!. I have a 51 S in 65FBL I was thinking about trying for upgrade. Now I'm not so sure. It's easier to tell a 68 from a 69 to me. Mark.

By the way Frank, very nice job and on such short notice too.

foodude

The 66 looks like a better coin than the 65, but this is an example of where I personally can't justify the huge difference in price the 66 is likely to bring (and no I am not bidding on the 66). I'm not saying that other 66s aren't worth the huge price difference, it's just that this one doesn't do it for me. Now if it had eye appeal like LucyBop's new 58-D, well, let's get out the checkbook and add it to the set.

mnmcoin

I think this may be the coin that closed on teletrade about two or three months ago for somewhere around 11k. I have a 60d I am selling to Lucy in 65fbl that looks better than the 66fbl in heritage. On distinguishing the 65 from the 66, look at the strike. I will say the 66 in heritage has an excellent strike.

morris <><

mdwoods

I agree that the 66 has a better obverse strike, but the three dings on the cheek ruin it for me. Also, the 65 coin looks like it has a better reverse strike. I guess seeing the coins in person where you could compare the luster would make a big difference too.

LucyBop

I'm thinking this is a 12,500 coin.......

wondercoin

I remember when this was a pop 1/0 coin and Registrycoin's set had the 62(d) -the other pop 1/0 coin. I was trying to buy the 60(d) for Registrycoin and we had figured the coin was at least a $15,000++ coin at the time three years ago when there was little "registry fever". I may have made one overture to buy the coin and my concept of roughly a $15,000+++ value was rejected out of hand as a recall. It also was a contributing factor I believe to the eventual sale of the 62(d) and then I made a killer 61(d) in MS66FBL (color obv) which also got sold. Interestingly, coins like the 60(d) were basically "pop 1" coins for nearly 13 years of PCGS' existence as I recall and now, in just roughly 3 years, pop 1 is now 6 - WOW! I wonder if pop 6 will become pop 12 in 3 years, or if the pop continues to go up 6x (as it did from 1 to 6), the new pop would be pop 36 in 3 years (highly unlikely I suspect)!! I look forward to seeing this coin to determine its quality.

MWoods - bring a wheelbarrel of money with you from Michigan and I can represent you on the coin

Wondercoin

IrishMike

Either overgraded or a stretch at 66. However it looks better than the 63 Lincoln for the grade. This is a coin that someone will stretch for to put in their registry set. I wouldn't go near it if I was Bill Gates.

LucyBop

<< <i>I wouldn't go near it if I was Bill Gates. >>



If I had his money, I'd buy all the top pops I could, then I only keep the solid ones and sell the others...

rainbowroosie

That is a $45 coin in an $8000 holder. There are two sizable whacks in the cheek and a scratch over "pass and stow." It is a perfect coin for a plastic collector, but just doesn't cut it as a gem Franklin.....If you are the owner, I'm sorry...sometimes the truth hurts.

wondercoin

Rainbow - you may very well be right. Of course, you need to see the coin first in person.

My experience is, I recommend VERY FEW Franklins when I am reviewing an auction for someone (or myself). In St Louis for example, I recommended -1- coin in the sale as a serious "world class" Franklin set building coin and bid on only -1- coin in total. I was kidding, of course, with suggesting MWoods bring a wheelbarrel of money with him to the show - but, if he had asked me to represent him on the coin, the odds are very slim he would be buying it anyway (just pure odds before I even look at it).

Wondercoin

FC57Coins

It really all boils down to how competetive you want to be in the registry/collection or whatever you want to call it and how much money you're willing to devote to your endeavor. For my tastes, the MS65FBL show above would be perfectly acceptable at it's current pricing of anywhere from $450-$800. Would I want to spend an extra $8-10,000 to gain a mere .03 points on the registry and have a coin that may or may not be pleasing to me? I highly doubt it. But that's my nature. The coin in my collection has a few more dings than the two above, but in my opinion, blows them both away in the lustre department. As such, I'm perfectly happy looking for upgrades in other areas where I'm going to get more enjoyment of what the upgrade will provide for my collection.

Frank

mdwoods

but, if he had asked me to represent him on the coin, the odds are very slim he would be buying it anyway (just pure odds before I even look at it).

You are right Mitch. I would never consider a coin that expensive without having an expert opinion on it. Especially if I am not sure about it. I looked at the coin that Mitch mentioned in St. Louis. It was spectacular, but I think Mitch knows of an even nicer one. Mark.

mdwoods

I thought I had a 60 D, I have a 60 P. Mitch is going to check out both coins for me. If the 66FBL looks nicer than the photo, I'm gonna chase it. Mark.

MadMonk

Very interesting!