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New 1953-S FBL Franklin made (for real this time)!

This coin is now in a brand new MS65FBL holder.

Hat's off to PCGS for getting it right this time!

And remember, as Johnny Cochran says, "If the grade don't fit... you must resubmit!"
"Wars are really ugly! They're dirty
and they're cold.
I don't want nobody to shoot me in the foxhole."
Mary






Best Franklin Website
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Comments

  • commoncents05commoncents05 Posts: 10,093 ✭✭✭
    Congrats!!!

    -Paul
    Many Quality coins for sale at http://www.CommonCentsRareCoins.com
  • mdwoodsmdwoods Posts: 5,548 ✭✭✭
    Nice job, how long had it been since one was made?
    National Register Of Big Trees

    We'll use our hands and hearts and if we must we'll use our heads.
  • fivecentsfivecents Posts: 11,207 ✭✭✭✭✭
    Let me be the first to say.................You Suck!!!!image Congratulations bushmaster!image
  • PawPaulPawPaul Posts: 5,845
    .Your so full of sheet
  • SUMORADASUMORADA Posts: 4,797

    WTG Greg..........image
  • foodudefoodude Posts: 3,575 ✭✭✭
    So Greg, what's the story?
    Greg Allen Coins, LLC Show Schedule: https://forums.collectors.com/discussion/573044/our-show-schedule-updated-10-2-16 Authorized dealer for NGC, PCGS, CAC, and QA. Member of PNG, RTT (Founding Platinum Member), FUN, MSNS, and NCBA (formerly ICTA); Life Member of ANA and CSNS. NCBA Board member. "GA3" on CCE.
  • coinkid855coinkid855 Posts: 5,012 ✭✭✭
    Wow, congratulations!!



    -Paul
  • jhdflajhdfla Posts: 3,030 ✭✭✭


    << <i>So Greg, what's the story? >>



    Yours Greg? Let us in on how it went down.
  • Yes the story is we want to hear... details, details...
  • GRANDAMGRANDAM Posts: 8,569 ✭✭✭✭✭
    Is this the same coin as before?

    I thought it was an S/S?

    GrandAm image
    GrandAm :)
  • Hey Bush what the price stated on that coin from pcgs?
    Also congrats on getting the fbl.
    Positive:
    BST Transactions: DonnyJf, MrOrganic, Justanothercoinaddict, Fivecents, Slq, Jdimmick,
    Robb, Tee135, Ibzman350, Mercfan, Outhaul, Erickso1, Cugamongacoins, Indiananationals, Wayne Herndon

    Negative BST Transactions:
  • foodudefoodude Posts: 3,575 ✭✭✭
    The PCGS guide in MS65FBL lists it as $25,000, which I believe having sold one this year is a bit too low.
    Greg Allen Coins, LLC Show Schedule: https://forums.collectors.com/discussion/573044/our-show-schedule-updated-10-2-16 Authorized dealer for NGC, PCGS, CAC, and QA. Member of PNG, RTT (Founding Platinum Member), FUN, MSNS, and NCBA (formerly ICTA); Life Member of ANA and CSNS. NCBA Board member. "GA3" on CCE.
  • RonyahskiRonyahski Posts: 3,117 ✭✭✭✭✭



    image Way to go! Been a long time coming, glad to see it happen to a Fellow Frankie Fiend!
    Some refer to overgraded slabs as Coffins. I like to think of them as Happy Coins.
  • SeattleSlammerSeattleSlammer Posts: 10,032 ✭✭✭✭✭
    According to PCGS price guide, the FBL version is worth $24,915 more than the non-FBL.
    Holy crap Batman!
    image
    Early retirement?

  • The S/S was a mechanical error.(Not really FBL but was S/S).

    Two different coins.
    "Wars are really ugly! They're dirty
    and they're cold.
    I don't want nobody to shoot me in the foxhole."
    Mary






    Best Franklin Website
  • BECOKABECOKA Posts: 16,961 ✭✭✭
    Is this the one?


    image
  • PawPaulPawPaul Posts: 5,845


    << <i>The S/S was a mechanical error.(Not really FBL but was S/S).

    Two different coins. >>




    at away to tell the story ............


    Of interest would be that the coin was submitted umteen different times by various owners ;

    and go's to show what a select few know : you submit a liner coin over and over and over , sooner or later it's gonna hit
  • lcoopielcoopie Posts: 8,873 ✭✭✭✭✭
    image
    LCoopie = Les
  • PawPaulPawPaul Posts: 5,845
    and you were the feller that stated in print you doubted very much PCGS would ever grade a FBL '53-S again ...........

    and , well , there you go - not only did they make one - but you submitted it !
  • PawPaulPawPaul Posts: 5,845
    what forms do we file with the IRS when we buy a quarter for 40$ and sell it for 12,000$ .....or a half for 250$ and it sells for 25 grand ?


    Is it form GOVI8 or TAX29775 ?
  • PCcoinsPCcoins Posts: 3,354 ✭✭✭


    << <i>what forms do we file with the IRS when we buy a quarter for 40$ and sell it for 12,000$ .....or a half for 250$ and it sells for 25 grand ?


    Is it form GOVI8 or TAX29775 ? >>



    Oh that's an easy one, I will link you to the covenant "YOU SUCK, award of the year"!
    "It is what it is."
  • LeeGLeeG Posts: 12,162
    SWEET!!!!!!!!!!!!! and much congrat's!!!!!!!!!!!!!!!!!!


    image
  • and it cost you how many submission fees to get it in a 65 fbl holder? How many submissions that you felt they were just a bit off on.

    And please post the pics that show this as a 5 fbl this time around, not a mechanical error.

    I have been following this for a long time now, and am truly amazed at this.



  • << <i>Is this the one?


    image >>




    Yes. This was the fifth or sixth submission.

    I had four free regular gradings due to the mechanical error snafu some of you remember. So I sent it and 3 other coins as regrades.

    My previous statements along the lines of, "I don't think PCGS will ever make another FBL 53-S", were based on the previous rejections of this coin. I knew it qualified as FBL, but if they would not give the nod to this particular coin, I felt they would not give it to ANY 53-S, as this was easily the strongest bell lines I have ever seen on a 53-S.

    I'd like to thank my buddy James Sego for believing in the coin. His opinion played no small part in my refusal to give up on it.
    "Wars are really ugly! They're dirty
    and they're cold.
    I don't want nobody to shoot me in the foxhole."
    Mary






    Best Franklin Website
  • Great coin, and fully deserving of FBL, from the pics anyways.


    This is one of those times I like hearing about someone sending in a coin several times for the right grade. In this case, the right designation.


    Good for you, and YOU SUCK!image





  • PawPaulPawPaul Posts: 5,845
    image

    .....fool me once ...........
  • orevilleoreville Posts: 12,043 ✭✭✭✭✭
    bushmaster:

    Too bad you used up your PCGS freebies to get the 1953-S resubmitted over and over again!

    Now you have very little cost basis to show for your efforts!image

    Seriously, I am most impressed. See my notes about the 1953-S Franklin in the other Franklin half dollar thread (the crying one).

    I posted that BEFORE I saw your post so now I have to modify my comments about the exalted 1953-S FBL Frankies, image
    A Collectors Universe poster since 1997!
  • The coin will be in the August 30th Teletrade auction: 1953-S FBL
    "Wars are really ugly! They're dirty
    and they're cold.
    I don't want nobody to shoot me in the foxhole."
    Mary






    Best Franklin Website
  • ziggy29ziggy29 Posts: 18,668 ✭✭✭
    More proof that consistent grading is bad for business if you're a TPG. Encouraging resubmissions is critical to survival.

    great coin in any event, and yeah, you suck. image
  • lcoopielcoopie Posts: 8,873 ✭✭✭✭✭
    interesting price history on teletrade for your coin bushy man
    LCoopie = Les
  • RyGuyRyGuy Posts: 1,462 ✭✭✭
    Congrats and best of luck in the upcoming auction.

    I still think NGC's standards should be followed by all though in this series.


  • << <i>interesting price history on teletrade for your coin bushy man >>



    Yeah, and how about the glorious description/write up they gave me!?
    "Wars are really ugly! They're dirty
    and they're cold.
    I don't want nobody to shoot me in the foxhole."
    Mary






    Best Franklin Website
  • SkyManSkyMan Posts: 9,493 ✭✭✭✭✭
    CONGRATULATIONS!!! image

    Nice going Greg. As one Frankie Freak to another (and that includes the "lead filled snowshoes" kind image ), it's nice to see that you won the lottery. I hope it does VERY well for you in the auction.

    Of course, IMO that is a PCGS FBL, not a true FBL, as the upper lines IN THE IMAGE don't look all there.

    Again, Congratulations!!!
  • You are indisputably correct Skyman, the upper lines are not all there.

    But the bottom lines ARE without question all there. In fact I have never seen better bottom lines on a 53-S.

    And, FWIW, I am 99.9% sure a 53-S does not exist with all five lines full. Finding them with the top set full is "relatively" easy. But top and bottom? never seen one.

    If anyone has one I would pay $ just to see it!
    "Wars are really ugly! They're dirty
    and they're cold.
    I don't want nobody to shoot me in the foxhole."
    Mary






    Best Franklin Website
  • CameonutCameonut Posts: 7,309 ✭✭✭✭✭
    Way to go Greg! I love it when persistence pays off.

    “In matters of style, swim with the current; in matters of principle, stand like a rock." - Thomas Jefferson

    My digital cameo album 1950-64 Cameos - take a look!

  • PawPaulPawPaul Posts: 5,845
    Encouraging resubmissions is critical to survival. .......u got that right .


    I think you would get top $$$ if sold outright .........without fee's or commission's

    probably more hard core Franklin people here on the boards then those frequent Teletrade .

    but you were lucky with the 62-D Quarter .......maybe so with this coin too


  • << <i>More proof that consistent grading is bad for business if you're a TPG. Encouraging resubmissions is critical to survival. >>



    It can work the other way round tho' :

    I had a PCGS MS65FBL 52-S that got a little spotty. I sent for spot review. They got the spots off, but downgraded the coin to 64FBL and sent me a check for $800.

    I then sent the same coin in it's new 64FBL holder in for regrade, and it reverted back to 65FBL once again.

    So sometimes their inconsistency comes back and bites 'em on the arse!
    "Wars are really ugly! They're dirty
    and they're cold.
    I don't want nobody to shoot me in the foxhole."
    Mary






    Best Franklin Website
  • PCcoinsPCcoins Posts: 3,354 ✭✭✭


    << <i>

    << <i>More proof that consistent grading is bad for business if you're a TPG. Encouraging resubmissions is critical to survival. >>



    It can work the other way round tho' :

    I had a PCGS MS65FBL 52-S that got a little spotty. I sent for spot review. They got the spots off, but downgraded the coin to 64FBL and sent me a check for $800.

    I then sent the same coin in it's new 64FBL holder in for regrade, and it reverted back to 65FBL once again.

    So sometimes their inconsistency comes back and bites 'em on the arse! >>



    That is very Funny Greg image

    You know all the little loop holes image

    What do you think your '53-s FBL will bring on TT? I'm thinking 15-20 grand? maybe more, maybe less. I guess there's not a whole lot of past '53-s FBL auctions to compare prices realized.

    Good luck, and of course YOU SUCK image
    "It is what it is."
  • What it will bring is anybodys guess.

    The last one that traded (to my knowledge) brought $35K, and IMO did not really have FBL's. In that case somebody bought some very pricey plastic to go around their $100 coin. image

    My coin, on the other hand, has ALL THERE bell lines and as such, may be recognized as such by a Registry Set collector who is looking for a solid coin to replace his "iffy" coin.

    I don't think the general downturn the market has experienced will have an effect on this coin...... (The Power of Positive Thinkingimage )
    "Wars are really ugly! They're dirty
    and they're cold.
    I don't want nobody to shoot me in the foxhole."
    Mary






    Best Franklin Website
  • GRANDAMGRANDAM Posts: 8,569 ✭✭✭✭✭


    << <i>Yeah, and how about the glorious description/write up they gave me!? >>



    Just a suggestion,,,, if you are sending a coin to TeleTrade and want some special info noted in their description include a short note with the details. Be it the POP numbers or a description of a special variety keep the note short and accurate and they will include it.

    I sold the 1st few PCGS 1971-S FPL IKE's on TeleTrade and I included a short note and they used it.

    GrandAm image
    GrandAm :)
  • PawPaulPawPaul Posts: 5,845
    IT should bring 25 - 30 k


  • << <i>What it will bring is anybodys guess.

    The last one that traded (to my knowledge) brought $35K, and IMO did not really have FBL's. In that case somebody bought some very pricey plastic to go around their $100 coin. image

    My coin, on the other hand, has ALL THERE bell lines and as such, may be recognized as such by a Registry Set collector who is looking for a solid coin to replace his "iffy" coin.

    I don't think the general downturn the market has experienced will have an effect on this coin...... (The Power of Positive Thinkingimage ) >>




    I'm thinking its not gonna sell at what you hope it will. whats the reserve, I'm a watcher at the moment.....
  • The last one on TT in any grade was a NGC63FBL. It realized $5600.
  • keetskeets Posts: 25,351 ✭✭✭✭✭
    MORGAHUNTER2---and it cost you how many submission fees to get it in a 65 fbl holder? How many submissions that you felt they were just a bit off on.
    bushmaster8---Yes. This was the fifth or sixth submission.

    a few things come to mind, and none of them are very positive......................

    i find it strange that PCGS feels our collective heel about inconsistent grading yet now so many are here slapping you on the back about using that to your advantage. it strikes me as rather hypocritical to an extent. sure, it's nice that you will enjoy a windfall from this, but the real test about your insistence that I knew it qualified as FBL is to crack the coin from the capsule and re-submit it again. as it stands the coins is what, one-fifth or one-sixth a 65FBL??

    this highlights the reasons why the TPG's are so troubling and perplexing to so many and why they have convoluted the price guides as much as any other single thing during the past 20+ years. it also sheds light on what true collectors are and why many of the proponents/cheerleaders of certain series' really should be viewed as nothing but self-promoters out for monetary gain. bushmaster, why would you chase after what you feel is the most difficult coin in the series you concern yourself most with, only to sell the choicest example you've ever found?? i've promoted and chased the dates in my favorite series and keep the best coins when i find them, but that's just me.

    my question, since there's always a question for me is this-----should we be more concerned about the inconsistency of PCGS or should we concern ourselves with being more consistent in how we collect and what we post about??
  • PawPaulPawPaul Posts: 5,845

    "I'm thinking its not gonna sell at what you hope it will. whats the reserve, I'm a watcher at the moment..... "

    didn't you say the same thing about his 1962-D Quarter ??
  • PawPaulPawPaul Posts: 5,845


    << <i>MORGAHUNTER2---and it cost you how many submission fees to get it in a 65 fbl holder? How many submissions that you felt they were just a bit off on.
    bushmaster8---Yes. This was the fifth or sixth submission.

    a few things come to mind, and none of them are very positive......................

    i find it strange that PCGS feels our collective heel about inconsistent grading yet now so many are here slapping you on the back about using that to your advantage. it strikes me as rather hypocritical to an extent. sure, it's nice that you will enjoy a windfall from this, but the real test about your insistence that I knew it qualified as FBL is to crack the coin from the capsule and re-submit it again. as it stands the coins is what, one-fifth or one-sixth a 65FBL??

    this highlights the reasons why the TPG's are so troubling and perplexing to so many and why they have convoluted the price guides as much as any other single thing during the past 20+ years. it also sheds light on what true collectors are and why many of the proponents/cheerleaders of certain series' really should be viewed as nothing but self-promoters out for monetary gain. bushmaster, why would you chase after what you feel is the most difficult coin in the series you concern yourself most with, only to sell the choicest example you've ever found?? i've promoted and chased the dates in my favorite series and keep the best coins when i find them, but that's just me.

    my question, since there's always a question for me is this-----should we be more concerned about the inconsistency of PCGS or should we concern ourselves with being more consistent in how we collect and what we post about?? >>



    atta' boy Keets !

    Put up or shut up Bushwhacker .......... crack that baby out and re-submitt it

    .........and wear the title proudly of a smuck that sold your "beloved " collection of Franklin's here on these boards and now join the

    ranks of a cheerleader selflessly promoting the series for nothing more then greedy monetary gain - shame on your filthy little grubby fingers

    as they count your 20+ thousand dollars
  • keetskeets Posts: 25,351 ✭✭✭✭✭
    easy fella.

    there's nothing wrong with taking a profit from what we each know about coins.
  • What '62-D are you referring to Paul?

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