Would this be a decent submission? COINS IN HAND!!

Frankiefanatic

Line # Item # Cert # PCGS No. CoinDate Denomination Variety Country Grade
1 1 18635336 6686 1956 50C Type 1 US PR66
2 1 18635337 6686 1956 50C Type 1 US PR66- should be a cam
3 1 18635338 6682 1962 50C US MS64- expected will be a nice giveaway
4 1 18635339 6697 1956 50C Type 2 US PR66
5 1 18635340 86671 1956 50C US MS65FL- will need to show this one as it is from the same set as below- toned nicely.
6 1 18635341 86671 1956 50C US MS64FL- came from the same mint set- and a toner..
7 1 18635342 86675 1958-D 50C US MS63FL- hmmm- it is mark free should have made a solid 5FBL
8 1 18635343 6676 1959 50C US MS64- expected this to be a FBL
9 1 18635344 6677 1959-D 50C US MS64 - as with its companion
10 1 18635345 6701 1960 50C US PR66- as I had thought - now set for a giveaway/gift.
11 1 18635346 86680 1961 50C US MS64FL- solid for the coin in question- no problem
12 1 18635347 86703 1962 50C US PR66CA- this will go back- it is a DCAM
13 1 18635348 86682 1962 50C US MS64FL- should have been a 5 FBL- it goes back
14 1 18635349 86682 1962 50C US MS63FL- should have been a 4 FBL- it goes back
15 1 18635350 6800 1964 50C US PR67

lkeigwin

Looks like great results...if you're happy with them and expected no worse. But then I don't know poop about Franklins.

Got any photos?

Congrats on the grades!
Lance.

coinguy1

Welcome to the forum.

Figure a realistic selling value for each coin, both before and after the grading. Include a deduction for the fees (including postage). Compare the before and after numbers and you should have your answer. My guess is that some of the coins were worth getting graded, but others, not.

MICHAELDIXON

Being a Franklin Half collector, I'd say: "Yes, that was a good submission." The '61 and '62 are always in demand in FBL.

Wow! I don't talk like this in my business classes!

Figure a realistic selling value for each coin, both before and after the grading. Include a deduction for the fees (including postage). Compare the before and after numbers and you should have your answer. My guess is that some of the coins were worth getting graded, but others, not.

coinguy1

<< <i>Being a Franklin Half collector, I'd say: "Yes, that was a good submission." The '61 and '62 are always in demand in FBL.

Wow! I don't talk like this in my business classes!

Figure a realistic selling value for each coin, both before and after the grading. Include a deduction for the fees (including postage). Compare the before and after numbers and you should have your answer. My guess is that some of the coins were worth getting graded, but others, not. >>

How would you put it?

ModCrewman

I do think Mark raises an interesting point. The challenge of selling raw coins is that I assume you can rarely get 66 money for a raw coin, regardless of its actual technical grade.

Or is my thinking that proof I've drank too much Kool-Aid? And what would be the assumed raw grade that would be used to determine market price pre-grading? 63? 64? 65?

Thanks.

crypto79

<< <i>

<< <i>Being a Franklin Half collector, I'd say: "Yes, that was a good submission." The '61 and '62 are always in demand in FBL.

Wow! I don't talk like this in my business classes!

Figure a realistic selling value for each coin, both before and after the grading. Include a deduction for the fees (including postage). Compare the before and after numbers and you should have your answer. My guess is that some of the coins were worth getting graded, but others, not. >>

How would you put it? >>



"Cost (vs) Benefit Analyses"

bushmaster8

I would say it is close to being a loss if your selling them.

The redeemer is the 1962 64FBL which will allow you to just about break even.

LindeDad

It was a great lesson for a new submitter it will guide you every time you now look at a raw Frankie to add to your collection. It is really hard to know what the pro's at the current time are grading them if you did not see the coin before and after it was submitted in real time.

coinguy1

<< <i>It was a great lesson for a new submitter it will guide you every time you now look at a raw Frankie to add to your collection. It is really hard to know what the pro's at the current time are grading them if you did not see the coin before and after it was submitted in real time. >>

He's not a new submitter.

Frankiefanatic

<< <i>Welcome to the forum.

Figure a realistic selling value for each coin, both before and after the grading. Include a deduction for the fees (including postage). Compare the before and after numbers and you should have your answer. My guess is that some of the coins were worth getting graded, but others, not. >>



While Mr. Feld could be right in regards to someone wanting to SELL anything from this submission that you should look at the overall costs to recoup the fees and etc. This submission was not for resale to the general public. Overall 2 of the items in this sub- would make costs +, but as I said this was not for resale at this time- I'll let the grand kids make that decision when time comes. Many of these will be 'gifts' to strange adults that I know.

Is PCGS tight on grading? Somewhat yes, but this did challenge my level of grading skills on Frankies, you have to see to believe, and I will ask one of the camera gurus here to shoot them, and I will post later for all to say yay or nay.

and Mr. Feld is correct, this is not my first submission, and odds are not my last. I have 37 more of those 62's with 20 still wrapped up in an OBW..

I posted my thoughts in the OP just to give you an idea what I felt a modern submission might have gone (if the price was right)..

Thanks for the comments folks- I'll post pics as soon as I get the coins in hand.

sinin1

even though some of the coins may not pass the cost benefit analysis presented by Mark,

I would feel it is a decent submission - especially if planning on keeping the coins

grading skills are acquired over a lifetime - and a few boxes of coins that did not make the grade originally hoped for, can save on future submissions



and a few of those close 64 FBLs that actually come back as 63s or 62s, maybe good crackouts for future submission

Hyperion

Frankiefanatic

Well Xmas came very early for me this year.

This submission went in as a MODERN- expected turn around time is 20-30 days.

Submitted at the Houston Money Show on 12/2

Posted back in Calli on 12/6

Shipped- 12/15 and RECEIVED 12/18. (This is less than 8 full days to review!!)

Now we all have heard of the horror stories of Mod submissions taking forever to get graded and returned( I have lurked for several moons) but this is absolutely AWESOME!!!!

I will do my best over the next couple of days to post the ones I feel should be the ownership upgrades (we are all entitled to opinions ] but I am not the greatest with a digi camera but I will try and then I will send them to a friend who can shoot the dickens out of a knat..

Oh- shipping dept: I like how you use a Priority Mail box with a FedEx package inside to keep the storage box from rolling around- that was a good one..

jessewvu

If your grades don't compare with PCGS's grades, why on earth would you bother sending them back? Just get some slabs on eBay, non-TPG, and put your grades on them. You would probably feel better and save a lot of $

rgCoinGuy

Frankiefanatic

<< <i>If your grades don't compare with PCGS's grades, why on earth would you bother sending them back? Just get some slabs on eBay, non-TPG, and put your grades on them. You would probably feel better and save a lot of $ >>



Gee I never thought about that.

But I think its a bit more exciting pushing the envelope a little harder and getting the 3rd pty stance on the item.

besides those funky fake slabs on EBay are made in China..

AMRC

I got tired just thinking about the amount of road you have in front of you.

golfer72

How many of these are even worth grading? Are they over $100 coins?