Grade in on my 53-S Franklin

twodrhrdtp

I was not expecting this at all. I still think it has a shot at FBL

1 1 13105172 6666 1953-S 50C US MS66

LucyBop

excellent grade.....

I wish I could see that GEM and access the Bell Lines...

twodrhrdtp

Here are the bell lines

Ronyahski

Sounds like they'd rather reward you and give you the benefit of the doubt on the number rather than the illusive FBL for a 53-S.

Ronyahski

What do you think is the weakest area of the bell lines?

twodrhrdtp

You can see a small hit just to the left of the bell crack. The rest is good. I am going to have to look at hem for another 5 hours when I get it back and maybe get a 16x loupe

Ronyahski

The picture looks solid, great strike. Maybe you can post a more close up pic of the bell lines when you get it back.

bushmaster8

I think mebbe the area to the right of the crack is the culprit.

You should send it to Lucy to be photographed just for snicks.

ziggy29

If this were a date where FBL was more common, you might have gotten it here. You're not going to get the benefit of the doubt in borderline situations on the '53-S.

SkyMan

<< <i>If this were a date where FBL was more common, you might have gotten it here. You're not going to get the benefit of the doubt in borderline situations on the '53-S. >>



Bingo! Any of the date/mintmark coins where there is a real change in value from one condition to another, be it non-fbl to fbl or 66 to 67, the graders oftentimes seem to expect perfection for that condition. The '53-S is the most egregious example in the MS Franklin series, but there are a couple in the change from cameo to deep cameo in the Franklin proof series.

Russ

Russ, NCNE

messydesk

<< <i>I think mebbe the area to the right of the crack is the culprit. >>


Yup. Given that the price difference between a 66 and a 65FBL is an the order of 20x, one can see PCGS's wanting to err on the conservative side on this one. It's very close, though, and is a classic example of valuing a coin on its, rather than its holder's, merits.

ziggy29

<< <i>Yup. Given that the price difference between a 66 and a 65FBL is an the order of 20x, one can see PCGS's wanting to err on the conservative side on this one. It's very close, though, and is a classic example of valuing a coin on its, rather than its holder's, merits. >>

Yeah, I suspect that might have been in play here.

It's reasonable to suspect that they thought it a technical 65 and a liner on the FBL. Rather than stick their necks out with the grading guarantee on a 65FBL, they "compromise" and instead bump the coin to a 66 with no FBL designation. This could be another example of a TPG trying to price a coin rather than accurately describe the technical merits of the coin as accurately as possible.

twodrhrdtp

Looking at the Heritage auctions of FBL examples I cannot see why this would not go FBL. They will see this coin again for sure

ziggy29

<< <i>Looking at the Heritage auctions of FBL examples I cannot see why this would not go FBL. >>

FBL in general, or '53-S FBL?

The two standards will not be the same, regardless what the TPGs claim.

mcheath

I think maybe pcgs learned a lesson looking at some of the 53-s fbl examples that they have slabbed.

fc

from the pics, i do not see FBL.
left hand side of the bell below the tic/mark.

bushmaster8

<< <i>I think maybe pcgs learned a lesson looking at some of the 53-s fbl examples that they have slabbed. >>



Give that man a prize!!

Boom

It's a gorgeous specimen & has far cleaner Bell lines than a Frankie posted recently having been
OK'd as FBL after Presidential Review.

I don't recall what year & M/M the other piece was but this piece is clearly the superior specimen.

Re submit it placing a greater value on the submission form. This is a Jewel, worthy of the attribution.

JMHO.

Good Luck & keep trying!

jhdfla

It's FBL... lower set about a third of the way left of the crack may be why. But considering what is slabbed as FBL, I'd have to give it to this one. Great coin!

John D'.

foxxze

..........to concur: it has stronger bell lines then the recently posted '52-S that went thru the Presidental Review-

if PCGS had learned their lesson then why didn`t they UN FBL the 52-S ?

twodrhrdtp

Thus is a pic I got off of Heritage. This is a 1953 S MS65 FBL. I guess I should say it is slabbed MS65 FBL. I would buy mine

Ronyahski

Sure looks like a no-way FBL!

darktone

The full bell line designation is a crock. No way should such a small area of a coin demand such a premium. I think the 53-s in this thread is about as strong a strike as can be expected for this date/MM... although I would like to see the obverse too for strike detail. Collect what you like and don't put so much into what others think if you are keeping this coin for your collection. If you bought this coin trying to cash in- join the rest of us with 53-S's that did not quite get the FBL designation . mike

twodrhrdtp

The coin is on the way back from PCGS. I will try to get some good pics soon. All I know is I would be mad looking at my pic and sitting on that 65 FBL I posted a few posts ago.

ccmorgan

<< <i>Thus is a pic I got off of Heritage. This is a 1953 S MS65 FBL. I guess I should say it is slabbed MS65 FBL. I would buy mine
>>


I can't see this being FBL.

bushmaster8

Cover the chilluns' eyes!... that ole emperor is riding around nude stylee once again!

foxxze

.........so what's the odd's , on the 53-S pictured above , that on a Presidential Regrade - PCGS says "oop's " and kicks the owner back a cool 20 thousand dollars ??

roadrunner

Locate a FB specimen and send both coins back for regrade in the holders.

roadrunner

bushmaster8

<< <i>Locate a FB specimen and send both coins back for regrade in the holders.

roadrunner >>



I have tried that approach several times. It has never worked.

If I was 2door, I would try that coin at a few other TPG's. An ICG 65FBL would still be worth a nice chunk. Certainly many multiples of a PCGS non FBL.

I certainly wish you all the luck in the world, 2door, trying to get a green light at PCGS. And it does behoove you to try at least several times, but, in all honesty, I don't think they will ever give it to you. Three-four years ago, yes, but not any more.

Where the hell is Foodude anyway? He has a pretty good handle on these things.

bushmaster8

Also, I would like to see smore pics of examples that grade PC FBL.

Anybody?

foxxze

....with the chance of hitting a 20 grand jackpot - I would submitt that coin every couple of months for the next couple of years