Coming Back From PCGS

harveypb

A friend submitted my 1956 Type 1 Proof Franklin to PCGS for grading.
He got an Email today telling him that it graded MS66!!!!
Got it at the local coin show for under $100

mkman123

You mean PR66 right ? Congrats!

STONE

And how much is it worth?

JustNeedCoins

Price guide for a pr66 is 150.

baseballjeff

Nice work!!!

ricko

Well done... Cheers, RickO

keets

Got it at the local coin show for under $100

the trouble with a coin such as that is the difference in what a price guide says it's "worth" and what a buyer will "pay" you for it. at under $100 plus grading/shipping it is now worth over $100 and probably can't be sold at any break even point despite what a price guide says, unless I'm out of the loop and things have changed significantly. while I applaud you for learning how to differentiate the two types of reverses your one-step-forward education was negated by your two-steps-backward need to have PCGS rank/price the coin while telling you what you already knew-----that it was a Type 1 Reverse. come to think of it, you already knew what it was worth, under $100.

phnatacc

Nice double-up with change. It is nice to see the variety garnering some interest.

Walkerguy21D

Not sure if that price guide valuation is based on the scruffy NGC 66 coin with the prominent lint mark that sold for $148 at Heritage or not.
I don't see any PC 66 coins that sold recently, but a PC67 sold for $400 on Oct 1, so it was probably worth sending it in and taking a shot.

ModCrewman

<< <i>the trouble with a coin such as that is the difference in what a price guide says it's "worth" and what a buyer will "pay" you for it. at under $100 plus grading/shipping it is now worth over $100 and probably can't be sold at any break even point despite what a price guide says, unless I'm out of the loop and things have changed significantly. while I applaud you for learning how to differentiate the two types of reverses your one-step-forward education was negated by your two-steps-backward need to have PCGS rank/price the coin while telling you what you already knew-----that it was a Type 1 Reverse. come to think of it, you already knew what it was worth, under $100. >>

Should take a look at recent Ebay auctions for the Type 1's Al...these things have been going nuts lately...especially in the flat packs.