Franklin Registry Set to be Liquidated

hoshor · July 10, 2009 2:58AM

Sadly, I will be selling the majority of coins in my Franklin registry set. All pieces (except the 53-S) are MS65FBL or higher. It will be sold thru Teletrade. If you want a sneak peak, take a look at the "Low Country Franklins" registry set. Message me if you're interested and I can provide you with the auction and lot numbers when available.

Bcsican · July 11, 2009 1:58AM

PM sent, any of those coins in OGHs???

ChrisRx · July 11, 2009 2:27AM

Linkified

HighRelief · July 13, 2009 1:25AM

Nice set of Frankies

RBinTex · July 13, 2009 4:00AM

Is this really the best (or even a good) time to dump Frankies?

There are other options if you just need to raise some cash.

PM me if so.

Bcsican · July 13, 2009 4:23AM

<< Is this really the best (or even a good) time to dump Frankies? >>

Actually it is a terrible time to be selling, has been talked about in length on these boards, barely bringing 40% of guides prices. I have been doing a lot of research on the series specifically and this is one of the worst times for Franklins....hit and miss on the dates OGHs seem to be the ones finding buyers consistantly blue holders in high grade sit...sad but true...

halfnut · July 13, 2009 4:44AM

Nice set best of luck with the outcome. I'm buying 65's for my set but not over 50% of the price guild right now.

Dan

bushmaster8 · July 14, 2009 5:56AM

That's a nice set.

RBinTex · July 14, 2009 6:20AM

PCGS Price Guide Total: $20,215.

Bcsican · July 14, 2009 12:21PM

<< PCGS Price Guide Total: $20,215. >>

then cut that # in half....

hoshor · July 16, 2009 11:24PM

I ended up retaining six of the thirty-five coins in the set. The remaining items will be in the following Teletrade Auction:

Auction #2723
July 26, 2009

Lot Denom Date Detail
____ _____ ________ _____________________

1704 50c 1948 PCGS 66 Full Bell Lines
1706 50c 1949D Full Bell Lines PCGS 65
1707 50c 1949S Full Bell Lines PCGS 66
1712 50c 1950D FBL PCGS 65
1715 50c 1951 PCGS 65 Full Bell Lines
1717 50c 1951D PCGS 65 Full Bell Lines
1719 50c 1951S Full Bell Lines PCGS 65
1723 50c 1952 FBL PCGS 66
1725 50c 1952D PCGS 65 Full Bell Lines
1726 50c 1952S Full Bell Lines PCGS 65
1731 50c 1953 Full Bell Lines PCGS 65
1733 50c 1953D Full Bell Lines PCGS 66
1735 50c 1953S PCGS 66
1740 50c 1954 Full Bell Lines PCGS 65
1742 50c 1954D Full Bell Lines PCGS 66
1747 50c 1954S Full Bell Lines PCGS 65
1748 50c 1955 PCGS 66 Full Bell Lines
1754 50c 1956 PCGS 66 Full Bell Lines
1770 50c 1957 Full Bell Lines PCGS 66
1771 50c 1957D Full Bell Lines PCGS 66
1773 50c 1958 PCGS 66 Full Bell Lines
1780 50c 1959 PCGS 65 Full Bell Lines
1784 50c 1959D PCGS 65 Full Bell Lines
1791 50c 1960 Full Bell Lines PCGS 65
1792 50c 1960D Full Bell Lines PCGS 65
1797 50c 1961 Full Bell Lines PCGS 65
1799 50c 1961D Full Bell Lines PCGS 65
1810 50c 1962D Full Bell Lines PCGS 65
1823 50c 1963D FBL PCGS 65

RBinTex · July 17, 2009 8:27AM

You'll net about $8,000 from the ones on Teletrade.

PawPaul · July 17, 2009 11:30AM

<< 

<< PCGS Price Guide Total: $20,215. >>

then cut that # in half....

>>

and subtract fee's

I know people have their reasons - but it is a not good time to try and sell Franklin Slabbed sets- not a good time at all

....if you put reserves ; be prepared to buy back quite a few

wondercoin · July 17, 2009 12:22PM

I had planned to lot view the set, but not now that I see the set has been lkely "cherrypicked" already.

Wondercoin

hoshor · July 18, 2009 1:02AM

There are many fine pieces in the collection that were carefully selected over many years. Judge for yourself; take a look at the photos on the PCGS registry or when Teletrade posts the images.

Duane · July 18, 2009 2:16AM

<< There are many fine pieces in the collection that were carefully selected over many years. Judge for yourself; take a look at the photos on the PCGS registry or when Teletrade posts the images. >>

With all due respect to the others' views hoshor, I wish you the best of luck in the sale (I'm sure that they do too). But clearly, you would not sell a beloved set if you were not pressed, and I personally know how hard it is to be squeezed by the economy. Set your reserves higher if you can - if the coins come back, they come back. Better to live through a tough time and still keep a quality set together for future gains then giving the coins away in the short term.

Just one man's opinion....

Respectfully,
Duane

P.S. Email me when you can - I am interested in some of the coins, and will put fair numbers on the table. DB

PawPaul · July 19, 2009 7:22AM

..I can see your point D. , but why put them up in the first place if your just going to end up buying them back ?

If i'm at wit's end financially , and sell into the bottom of the Franklin market ....... a set that I paid premiums for and painstakingly put together over many years

.............and I make up my mind to sell it - at a terrible time - why the heck would I buy them back and be in the same boat as when I started ?

The set may be nice , but it's lacking in monster color coins and the T.T. pix are crap .....no

...the seller had best tighten his belt and get prepared to get slaughtered

Duane · July 19, 2009 7:43AM

Unfortunetely for hoshor, my assessment and PawPaul's are similar. The timing just stinks right now on selling that series.

I just hate to see anyone getting pushed to dump in a bad market. Personal thing, that's all.

Bcsican · July 19, 2009 10:59AM

Have to agree...watching the current blood bath in Franklins, my sympathy to anyone having to sell...but it is only going to get worse, no way in hell it can recoup with pops rising daily...dealers are way behind but their coins are sitting without buyers asking PCGS retail...

oreville · July 19, 2009 2:07PM

I have not done much in the way of collecting Franklin halves. Just an inexpensive piece here and there mostly MS-64FBL's. The lone exception was a beautiful 1950-P white PCGS MS-66FBL and a 1956 PCGS PR68DCAM I bought about 9 years ago from Rick T. He was not the cheapest guy on the block for sure, but they were fantastic for the assigned grade. Both of them got the little stickems now. One of the other Franklins I have did get a gold stickem. Essentially, I looked at Franklins as a type coin.

I had felt prices were too high relative to the number of uncirculated rolls still out there.

As prices drop, I am getting more and more intrigued by the idea of doing a full set of Franklins.

I believe the bottom is not too far from where it is now.

PawPaul · July 20, 2009 11:03AM

One of the other Franklins I have did get a gold stickem.

.....that would be a proof ?

hoshor · July 26, 2009 6:19AM

The Teletrade auction is currently running. Wish me luck. Bid early, bid often!

Bcsican · July 26, 2009 10:16AM

Good luck lets us know if you did ok...

PawPaul · July 26, 2009 10:26AM

<< The Teletrade auction is currently running. Wish me luck. Bid early, bid often!

>>

Tell you what - from what I can see , you set most of your reserves at very reasonable levels . You seem to be prepared to take it on the chin and are willing to sell for what you can get .

I for one hope you do well and i'm glad your not one of these nutcases that consign there set and end up buying back 75% of their pieces

PawPaul · July 26, 2009 10:32AM

in fact - I bid on two of your coins ................

PawPaul · July 26, 2009 12:12PM

the fat lady sang - and boy .........

a 1961 FBL @ 450$ ? a 53-D in 66 FBL@ $400 ?? A nice , hi end white 62-D FBL @ $180 ??? I thought your '55 in 66 FBL was the prettiest piece - but I let go @ 240 $

so cheep for such a powerfull piece ........... a year ago would have brought min. of 500$

sad , sad state of the Franklin market .........hope you reap some profit ............

wondercoin · July 26, 2009 4:10PM

Pawpaul - I guess the "nutcases" might not be entirely "nutty'

On the other hand, Hoshor did about as well as could be expected in this climate. Hoepfully, the 5 coins he held on to were the "nuts".

Wondercoin

RBinTex · July 26, 2009 11:56PM

So. What did (i.e. do you expect to assuming all get paid for) you net after all expenses/fees?

PawPaul · July 27, 2009 10:36AM

Hoshor did about as well as could be expected in this climate.

yes, ......he did very well all things considered . He bought back only a few and got himself some much needed cash it would seem .

I wonder though how much he lost on several of the MS-66 FBL early D mints ? And his 49-D must have cost him significantly more then he got selling it

PawPaul · July 27, 2009 10:37AM

<< So. What did (i.e. do you expect to assuming all get paid for) you net after all expenses/fees? >>

very good question ............ I wonder what his price paid/ selling price profit or loss come's out to be

PawPaul · July 27, 2009 10:42AM

<< I won the 55-p ms66 fbl at $280 plus the juice. 1955 >>

.........i'm broke or I would have bid higher

PawPaul · July 30, 2009 9:16AM

amazing post auction comments ................

wondercoin · July 30, 2009 1:12PM

While I believe the seller did about as good as could be expected right now, obviously, the prices realized were likely well under the prices originally paid for many of the coins. But, these are the true levels of the coins right now. It is that simple. Wondercoin

Bcsican · July 30, 2009 2:52PM

I have said it a thousand times we still have not hit bottom with the prices in this series...they continue to drop and dealers have yet to adjust prices in their inventories...just look at e-bay...

PawPaul · August 2, 2009 10:43AM

<< I won the 55-p ms66 fbl at $280 plus the juice. 1955 >>

I have a funny feeling that this '55 is top notch .........did u get it yet ?

PawPaul · August 2, 2009 12:18PM

<< 

<< 

<< I won the 55-p ms66 fbl at $280 plus the juice. 1955 >>

I have a funny feeling that this '55 is top notch .........did u get it yet ? >>

Yes and it is a very nice coin. Nice luster and color and decent bell lines. >>

Glad u got a keeper .........you can now build the whole set around it

RBinTex · August 3, 2009 2:30AM

Market data is important & as such, can you please tell us the total net as a percentage of the PCGS price guide?

PawPaul · August 3, 2009 8:09AM

WOW- not sure who your asking ......... , but i doubt anyone will come forward

the total net ? after shipping, insurance , slabbing, and selling fee's ? after subtracting initial costs per coin ?? factoring in buybacks , depreciation

, inflation , safe deposit box fee's ???

- Give me the gross sales total and I will take it from there

PawPaul · August 5, 2009 10:17AM

Man-O ,

you tired of the '55 and want to sell it ?

BECOKA · August 6, 2009 9:39AM

Wow, might be a good time to jump into Franklins, I just did the tally and what was sold grossed $6805.

canadacolornut · August 6, 2009 9:51AM

I started with Franklins in the 80's when it was danged near impossible to get a 65 let alone a 66 or 67.

I've pretty much abandoned them since but still have a few monster toners plucked from God only knows how many
mint set buys 25 years ago.

I don't know. Maybe I should just hold what I've got and start picking up a few at today's prices.

I guess you guys remember Jack Erhmtraut?

I'll be checking the posts since I love the series and really wish I hadn't sold some many of them for peanuts at the time.

PawPaul · August 6, 2009 12:00PM

..those monster toners ..............u need to sell them to me

PawPaul · August 8, 2009 7:02AM

that would be dandy

Franklin Registry Set to be Liquidated

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