FRANKLINS : PCGS Price guide a JOKE !!!

SUPERCARCOINS

I specialize in Franklins and i would advise anyone to take the prices @ PCGS website on Mint State

Franklins as a bad joke , done in very poor taste .

More then half the dates sell @50% or LESS in the real Market .

Why not have the guide reflect actual sales instead of the bloated Fantasy prices Tomaska tries to establish as real

or Why not just can the whole thing , the joke is on us -

100proof1957

i have quite a few Frankies and you are 100 % correct

sometimes you can get down to .10 on the dollar relative to the guide !

SUPERCARCOINS

.........you can say that again !

100proof1957

just sold a proof frankie at less that 40 % of guide and MADE a few bucks !

Russ

<< <i>Why not have the guide reflect actual sales >>



I agree. For example:

The 1953-S MS63FBL is listed at $1200. The last actual sale was over $4600.
The 1953-S MS64FBL is listed at $4750. The last actual sale was around $14,000.

I think PCGS should immediately correct these discrepencies. And, I don't just say that because I have 1953-S FBL Frankies in my world series portfolio.

Russ, NCNE

Myqqy

just sold a proof frankie at less that 40 % of guide and MADE a few bucks !

Did you make money off of me?

100proof1957

like 8 bucks !

robertpr

Just keep the Frankies out of your portfolio and move on.

SanctionII

Is the price guide off base or on the mark for Proof Frankies, both brilliant, CAM and DCAM?

100proof1957

Ignore the guide

Myqqy bought my 58 CAM in 67 for way less than the 550.00 guide !

keets

like this is an issue which only pertains to Franklins?? you guys need to get out of the cave more often, it's been a forum point of contention for several years now. i do notice more adjustments lately but in the past i've always just estimated 60% of whatever the guide says for anything. it used to be close.

100proof1957

Pertains to the whole guide Al.

We all know it,just seemed like a good day to vent about it !

Russ

<< <i>Is the price guide off base or on the mark for Proof Frankies, both brilliant, CAM and DCAM? >>



Also way off. However, I've been seeing an upward market trend in the cameos and deep cameos. Long way to go to get anywhere near the price guide, but moving in the right direction.

Russ, NCNE

fc

i dont know about you guys,
but for the half eagles i buy, PCGS is darn close.

when you get past MS63, things seem to be off sometimes.
but i think that has more to do with the market saying hey
we do not like the grading now days.

maybe RYK will chime in with southern prices now days.

TwoSides2aCoin

It's a buyer's market.



don't sell if you feel a pinch. BUY ~

wayneherndon

like this is an issue which only pertains to Franklins?? you guys need to get out of the cave more often, it's been a forum point of contention for several years now. i do notice more adjustments lately but in the past i've always just estimated 60% of whatever the guide says for anything. it used to be close.

Al, actually, most of the problems have been fixed with the other series. I don't think any other series is even close to being as far off base as the Franklins where virtually every date and every high grade is close to 2X or more what it should be. The Franklin section is an embarrassment and eye sore to PCGS that should be fixed if they are looking to continue bringing credibility to the price guide.

WH

coinkat

This is an affordable series if one is willing to put a set together missing dates with FBL.

zkcoins

I actually find that some of the MS lincoln prices are really close to the market right now. An example is the 1980 D lincoln that sold on ebay the other day for $510. The price guide has it at $435. Another example is the 1983 D that sold for $1083 in 68 and the price guide has it at $835. I found those prices to be a little unusual and it seemed as if a few of the lincolns on ebay these days were under bidding wars. Otherwise I find the price guide to be a very good guide for the memorial MS coins in the top grades, jmo.

So perhaps it is just those ugly Frankies...

SUPERCARCOINS

..........This post pertains specificly to Franklin Half Dollars, that is my expertise and that is the series

i can tell you is WAY OFF BASE . I am quite sure other series are right on or way off too - thats for others to address.

I'm not crying about it just to blow hot air ; i intend to work with PCGS and other Franklin experts to get the guide to reflect

real price levels for mint state Franklins .

Russ

<< <i>i intend to work with PCGS and other Franklin experts to get the guide to reflect

real price levels for mint state Franklins . >>



Can you get the 1953-S FBL's done first?

Russ, NCNE

morgannut2

Part of the problem with pricing is there is a lot of price variation. In MS65FL and higher, it's not unusual to find 100% and 200% auction price differences. The big swings seem to relate FBL quality and eye-appeal (toning either fugly or super nice)
---
For just one date in the past week in PCGS 66 FBL, I saw sales at $550, $600, $820, $960 and one at DLRC asking $1250!

morgannut2

<< <i>

<< <i>i intend to work with PCGS and other Franklin experts to get the guide to reflect

real price levels for mint state Franklins . >>



Can you get the 1953-S FBL's done first?

Russ, NCNE >>

--
---
YES!!! do the 53SFBL's first--I bought the ones Russ didn't

SUPERCARCOINS

.....I will sure try !

Russ

The 1953-S FBL's went up today! Not enough, though. Can you work on that?

Russ, NCNE

Jcarney

<< <i>I specialize in Franklins and i would advise anyone to take the prices @ PCGS website on Mint State

Franklins as a bad joke , done in very poor taste .

More then half the dates sell @50% or LESS in the real Market . >>



I've been wondering about this for quite a few years.

JackieO

EYE-APPEAL IS EVERYTHING! We sold this 1960-D FRANKLIN PCGS MS65FBL coin to a client in 2001 for $2500. We repurchased the coin from him earlier this year for over 5X PCGS Price Guide value of $900.

Merc

Wow, that one does have great color. Most 1960 halves graded MS65 or higher are pure white.

For most Franklins, the prices have been in a downward spiral. I had a PCGS graded 1960-D MS65 FBL I bought in 1999 for $500. Then I sold off most of my Franklins because the pops were rapidly rising. Now I see white 1960-D MS65 FBL Franklins going for $250

morgannut2

The problem remains that they really are true FBL--(excellant struck) Franklins in MS 66 and MS 67 that have absolute monster eye-appeal. BUT, The guide is supposed to be for "widgets"; not for super coins and near- perfect Deep Cameos--- --

The best solution I feel is the same as Commems in an odd way---sort of a white MS/PR65 average , then post the top 5 condition Census values. Sadl the problem might remain because so many marginal FL coins have slipped through the TPG's already---To bad

robertpr

The PCGS guide is GREAT -- for looking up the coin number so you can easily reference the Heritage archives!

AgMe

The price guide is for average retail sales, plus you have to think it'll be off by at least 2 months or so (just to update).

Being a specialist, odds are you get a much better price vs. the typical retail collector, back when I was buying, 20-30% back (off of a very good price) was STD. I've had the very same coin (yr, mm, grade, eye appeal) offered to me at $20 & $200...

Everything is where you are and who you know...

SUPERCARCOINS

<< <i>EYE-APPEAL IS EVERYTHING! We sold this 1960-D FRANKLIN PCGS MS65FBL coin to a client in 2001 for $2500. We repurchased the coin from him earlier this year for over 5X PCGS Price Guide value of $900. >>



JACKIE O ; Oh how right you are !

after a lot of research and thought - I realized it is nearly impossible to set a fixed price for PCGS Franklins,

there are simply too many variables . So my hats off to whomever attempts to set the prices at the

PCGS site, i`m sure it is a thankless job and a ton of work !

MAD4MORGANS

<< <i>JACKIE O ; Oh how right you are !

after a lot of research and thought - I realized it is nearly impossible to set a fixed price for PCGS Franklins,

there are simply too many variables . So my hats off to whomever attempts to set the prices at the

PCGS site, i`m sure it is a thankless job and a ton of work ! >>



I'm sure he'd say "you're welcome" but he's busy updating the guides.

Ronyahski

<< <i>EYE-APPEAL IS EVERYTHING! We sold this 1960-D FRANKLIN PCGS MS65FBL coin to a client in 2001 for $2500. We repurchased the coin from him earlier this year for over 5X PCGS Price Guide value of $900. >>



Don't see a picture?!?

JackieO

Regarding "white" Franklins, most have "issues"! A really choice 1960-D in 65+ FBL with blast white surfaces and NO water marks is a coin I would be very interested in!

JackieO

The picture is up for you now. I do not know how it disappeared. Thanks!

ModernDollarNut

Supercarcoins, Jaime at PCGS is in charge of the Price Guide. I have worked with him on SBAs when I saw a key under-priced or over-priced and he is always appreciative for my little contributions. I bet he does not have a warm body - oops, that may not apply to you??? - that he trusts to help him with Frankies. Rob

.

JackieO

What is the REAL market?

My experience is that there are at least two markets. There are some collectors who are primarily interested in grade, with eye-appeal a secondary factor. There are other collectors who are primarily interested in eye-appeal, with grade a secondary factor.

I have seen MS 65/66 FBL Franklins sell in auction for discounted levels. I have seen MS 65/66 FBL Franklins with exceptional eye-appeal sell for well above PCGS Price Guide levels - sometimes for multiples.