Your assessment of this MS67 1958 FBL Franklin: is $5000 going overboard?

dan1ecu

Here it is:

1958 MS67 FBL Franklin

Based on the scan, it looks kind of heavily toned (mint set toning?), and the bell lines don't stand out as being boldly struck.

What do you think? Is this one worth the huge premium over a 66?

Dan

100proof1957

im no x pert,but,not with my money !

Tonekiller

So many 58 FBL in 67 have been made in the past 6 months that I would not pay over $2k. If it had great color maybe the $5k.

TBT

prooflike

Just look at the the bell, then decide.... With that image, I wouldn't even go 66 money, maybe it is a bad pic??

CoinAddict

Where is Frank, Lucy and other Franklin expert's opinions?

Purple73

Not a bad Franklin. Mint set toning for sure. Bell lines look good to me. Of course the franklins were plauged with striking probs and you can see it in "Pass and Stow", the eagles wing on th right side(feathers), tops of 'ole bens head and the wisp of hair in front of the ear. I would like to own it. I wouldn't pay $5000 for it. I'd be just as happy with a 64 FBL White.


"The finest, Most attactively toned MS 67 FBL examples have sold in the $5000 - $8000 range."

Quote from "The Complete Guide to Franklin Half Dollars" by Rick Tomaska


Chris

LucyBop

Well the 1st obvious thing I will say is that it has been bid up to 4900, so some bidders have determined the value....


the 2nd thing I will say is to grade from a Heritage image is diffulcult to say the least...... It seems I have read some threads where
people that have won auctions always seem to claim the coin looks better in person.

1958 Frankies don't have the boldest bell lines, these lines seem full to my eyes, however, I would need to see the coin in person.

Of the ms67fbl coins I have owned and seen, they typically have a certian look to them, they have outstanding color and super
strong luster. The images of just the coin seem to hint at strong luster, but not exceptional color. The images that show the
coin in the holder are scans and not photos, and all luster and color seems to be lost as these appear very very drab and boring.

Now consider we are talking a pop 9 coin. A coin that the top players/contenders will be chasing......
I personally don't think the 5k price at this point is out of line, however, based on the images, I am very unimpressed with
this coin, now, with that said, my opinion could easily sway if I was able to assess this one in person.

Hepkitty

wallstreetman

Heritage pictures remind me of my own, Bell lines dont seem to show good, especially on the left side! The toned coins always seem to be the cleaner coins, I guess this is what makes toning appeal to some as opposed to white, more likely to have better luster also. I guess that just takes us back to COINS 101!

BTW, I bet that coin is a lot lighter in person, I know mine are!

Tonelover

Well the 1st obvious thing I will say is that it has been bid up to 4900, so some bidders have determined the value....

Lucy, real bidders may have nothing to do with the level as it stands. Approximately one week before the floor sessions Heritage automatically raises the internet bids on coins which haven't been met to one increment below the reserve, in effect revealing what that level is.

The 58-P in PCGS 67 FBL has a Population of 9 pieces vs. 21 for the 58-D, the latter of which sold for around $5000 when the pop was in the same ballpark. Now that the 58-D has 21 graded, even a spectacular reverse toned recently brought about $4,400.

It would not seem unreasonable to ask $5,000 for this coin but a soft Franklin market, neutral eye appeal and the near certainty that the pop will go up still might make it a tough sell at the current level. On the flip side, a number of the top PCGS Registry sets are missing this coin and we all know what that can do to a coins's price.