Coming Back From PCGS

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
He got an Email today telling him that it graded MS66!!!!
Got it at the local coin show for under $100
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Many members on this forum that now it cannot fit in my signature. Please ask for entire list.
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.
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.
<< <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.