Is this 1921 1 Franc worth grading ?
Watchbelieve
Posts: 527 ✭✭✭
0
Watchbelieve
Posts: 527 ✭✭✭
Comments
Does PCGS certify chamber of commerce "good for" tokens?
In honor of the memory of Cpl. Michael E. Thompson
SCWC says the nicest one in the world is worth nine or ten dollars (and try and find a buyer at that price). 54 million coins struck in this year.
By the end of the First a World War, the French Franc had lost ninety percent of its prewar value and France had to switch from a decent silver coin to this brass coin. This type was struck 1920-1927. It is very very common as a type coin.
All of the coin catalogs I've ever seen include this as a 'coin' despite the words "good for". I think the French government was trying to hold out to the people the vain hope that this brass might be redeemed for something better at a later date (after they had made Germany "pay for the War").
Proceed accordingly with your grading plans.
Thanks Bill
NGC does. And, I do believe (as mentioned above) they are coins not tokens despite the verbiage so I'd guess PCGS does too. edited to add: my brain kicked in. I have seen these in PCGS slabs too.
As for 'worth' that can be a bit subjective. These are not super valuable and found gem. The grading fees are not likely to increase it's or even 'make back' the cost of slabbing if I had to guess. That said, if you like it and want a slabbed set it is a nice example.
I think I have seen these in high grade (MS) for decent money, but that is what is being asked -not sure what people will actually pay.
I always liked these and would love to get some slabbed versions, but I'll let someone else pay the fees.
It certainly depends why you would want to slab the coin. I don't think slabbing will increase its value, but it sure will protect it from all the bumps and bruises that come over time.
Yeah, lots of smart people spend $20 or $32 to slab a $2 coin.
A properly fitted brand new Air-tite would be more than sufficient at a cost of about one dollar.