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Recent purchase...... PCGS toned ms66 1960 Franklin

DoubleEagle59DoubleEagle59 Posts: 8,379 ✭✭✭✭✭

Purchased for $500.00

How did I do?

Reverse is blast white.

It has FBL but a 'ding' right on the bell lines keeps it from grading FBL.



"Gold is money, and nothing else" (JP Morgan, 1912)

"“Those who sacrifice liberty for security/safety deserve neither.“(Benjamin Franklin)

"I only golf on days that end in 'Y'" (DE59)

Comments

  • keyman64keyman64 Posts: 15,548 ✭✭✭✭✭

    I sure would like to see a True View of that coin. It looks pretty cool.

    "If it's not fun, it's not worth it." - KeyMan64
    Looking for Top Pop Mercury Dime Varieties & High Grade Mercury Dime Toners. :smile:
  • SmittysSmittys Posts: 9,876 ✭✭✭✭✭
  • davewesendavewesen Posts: 6,691 ✭✭✭✭✭

    It sure is different - your pics or sellers? I ask because I wonder if it will be darker in hand.

  • DoubleEagle59DoubleEagle59 Posts: 8,379 ✭✭✭✭✭

    My pics.

    Fairly accurate pics.

    "Gold is money, and nothing else" (JP Morgan, 1912)

    "“Those who sacrifice liberty for security/safety deserve neither.“(Benjamin Franklin)

    "I only golf on days that end in 'Y'" (DE59)
  • U1chicagoU1chicago Posts: 6,566 ✭✭✭✭✭

    I like it! Plus, this is after the era of the cardboard mint sets, so it's not as easy of a date to find this nice. Congrats on a cool find!

  • 291fifth291fifth Posts: 24,710 ✭✭✭✭✭

    It's $500 I would have kept in my wallet. I don't like camouflage toning and I don't like the idea of paying $500 for any 1960 Franklin half.

    All glory is fleeting.
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  • ChangeInHistoryChangeInHistory Posts: 3,092 ✭✭✭✭✭

    It's a very nice coin, i dont know if i consider it $500 nice though

  • DoubleEagle59DoubleEagle59 Posts: 8,379 ✭✭✭✭✭

    @291fifth said:
    It's $500 I would have kept in my wallet. I don't like camouflage toning and I don't like the idea of paying $500 for any 1960 Franklin half.

    I definitely appreciate the honesty.

    "Gold is money, and nothing else" (JP Morgan, 1912)

    "“Those who sacrifice liberty for security/safety deserve neither.“(Benjamin Franklin)

    "I only golf on days that end in 'Y'" (DE59)
  • TurboSnailTurboSnail Posts: 1,668 ✭✭✭✭✭

    Nice coin, but how much do you think you can resell it for a couple years from now?

  • DoubleEagle59DoubleEagle59 Posts: 8,379 ✭✭✭✭✭

    @TurboSnail said:
    Nice coin, but how much do you think you can resell it for a couple years from now?

    Is it worth more than $500 today?

    "Gold is money, and nothing else" (JP Morgan, 1912)

    "“Those who sacrifice liberty for security/safety deserve neither.“(Benjamin Franklin)

    "I only golf on days that end in 'Y'" (DE59)
  • gtstanggtstang Posts: 1,778 ✭✭✭✭✭

    The colors seem nice but luster seems very muted from the pics.

  • RonyahskiRonyahski Posts: 3,119 ✭✭✭✭✭

    Well, if your goal is a high graded Franklin with great toning, then for a 1960 date, I think you absolutely knocked the ball out the park. Looks like some luster coming through on the pics, I assume it is there. The color, for a 1960, is fabulous!

    I have collected toned Franklins for 40 years, and I would put your coin (pic) in the top 10 for the date that I have ever seen. It is so extremely difficult to find a 1960 with rainbow colors. Go through CoinFacts pics, go through Heritage auction pics, S&B, etc. You'll only come up with a handful of 1960 Franklins, out of the hundreds sold, with color as nice as this. And two of the nicest within the handful that you will see in the listings are dupes that I have sold off over the years.

    I think you should be thrilled!

    Some refer to overgraded slabs as Coffins. I like to think of them as Happy Coins.
  • LeeBoneLeeBone Posts: 4,628 ✭✭✭✭✭

    I do put strong money out for things I like from time to time but this wouldn't have fit my bill.
    Nice none the less :)

  • JJMJJM Posts: 8,089 ✭✭✭✭✭

    It's very nice but $500 is pretty steep
    As long as you like the deal that's all that really matters

    👍BST's erickso1,cone10,MICHAELDIXON,TennesseeDave,p8nt,jmdm1194,RWW,robkool,Ahrensdad,Timbuk3,Downtown1974,bigjpst,mustanggt,Yorkshireman,idratherbgardening,SurfinxHI,derryb,masscrew,Walkerguy21D,MJ1927,sniocsu,Coll3tor,doubleeagle07,luciobar1980,PerryHall,SNMAM,mbcoin,liefgold,keyman64,maprince230,TorinoCobra71,RB1026,Weiss,LukeMarshall,Wingsrule,Silveryfire, pointfivezero,IKE1964,AL410, Tdec1000, AnkurJ,guitarwes,Type2,Bp777,jfoot113,JWP,mattniss,dantheman984,jclovescoins,Collectorcoins,Weather11am,Namvet69,kansasman,Bruce7789,ADG,Larrob37,Waverly, justindan
  • DoubleEagle59DoubleEagle59 Posts: 8,379 ✭✭✭✭✭

    Doesn't greysheet have this coin listed for $600.00? (untoned, of course).

    "Gold is money, and nothing else" (JP Morgan, 1912)

    "“Those who sacrifice liberty for security/safety deserve neither.“(Benjamin Franklin)

    "I only golf on days that end in 'Y'" (DE59)
  • mannie graymannie gray Posts: 7,259 ✭✭✭✭✭

    @Ronyahski said:
    Well, if your goal is a high graded Franklin with great toning, then for a 1960 date, I think you absolutely knocked the ball out the park. Looks like some luster coming through on the pics, I assume it is there. The color, for a 1960, is fabulous!

    I have collected toned Franklins for 40 years, and I would put your coin (pic) in the top 10 for the date that I have ever seen. It is so extremely difficult to find a 1960 with rainbow colors. Go through CoinFacts pics, go through Heritage auction pics, S&B, etc. You'll only come up with a handful of 1960 Franklins, out of the hundreds sold, with color as nice as this. And two of the nicest within the handful that you will see in the listings are dupes that I have sold off over the years.

    I think you should be thrilled!

    I agree--it's very nice for the date......color looks great...I love the coin...$500 a bit steep but sometimes you have to pay up for the good ones.
    I would have liked it better at $350 or so......but you probably wouldn't own it if you had offered that.
    10 years from now you will become unburied if it's time to sell.
    Nice one! :)

  • mannie graymannie gray Posts: 7,259 ✭✭✭✭✭

    @AllCoinsRule said:
    One sided toners seem to be more common among 1959 and 1960 P coins (dimes/quarters/halves). I am not sure how this type of toning occurs. I would like to learn more so I can be more confident the toning is natural.

    Looks like really colorful, original, end-roll toning to me.
    NT all the way.

  • rickoricko Posts: 98,724 ✭✭✭✭✭

    Wow... good grade, however, I would say that the premium you paid for the tarnish is incredibly steep.... I doubt that money is recoverable... So, if you are happy with the coin, then the money does not matter. Cheers, RickO

  • DoubleEagle59DoubleEagle59 Posts: 8,379 ✭✭✭✭✭

    @ricko said:
    Wow... good grade, however, I would say that the premium you paid for the tarnish is incredibly steep.... I doubt that money is recoverable... So, if you are happy with the coin, then the money does not matter. Cheers, RickO

    Then are the PCGS price lists wrong (currently at $600 for ms66) or is another factor that Franklin ms66 prices are very soft right now.

    "Gold is money, and nothing else" (JP Morgan, 1912)

    "“Those who sacrifice liberty for security/safety deserve neither.“(Benjamin Franklin)

    "I only golf on days that end in 'Y'" (DE59)
  • rickoricko Posts: 98,724 ✭✭✭✭✭

    Price lists are just lists.... check the markets.. auction results, dealers etc.. And yes, Franklin's are a tad soft right now...Cheers, RickO

  • JimnightJimnight Posts: 10,846 ✭✭✭✭✭

    Nice coin!

  • RonyahskiRonyahski Posts: 3,119 ✭✭✭✭✭

    @ricko said:
    Price lists are just lists.... check the markets.. auction results, dealers etc.. And yes, Franklin's are a tad soft right now...Cheers, RickO

    I think you're the one that needs to check the auction results, dealers, etc. And you would find that $500 is more than reasonable for this coin.

    @ricko said:
    Wow... good grade, however, I would say that the premium you paid for the tarnish is incredibly steep.... I doubt that money is recoverable... So, if you are happy with the coin, then the money does not matter. Cheers, RickO

    I am offering Doubleagele59 to sell me the coin today at a profit. So, you are wrong again.

    Some refer to overgraded slabs as Coffins. I like to think of them as Happy Coins.
  • rickoricko Posts: 98,724 ✭✭✭✭✭

    @Ronyahski .... Thank you for supporting my belief in the innate intelligence of Mr. Barnum. ;) Cheers, RickO

  • DoubleEagle59DoubleEagle59 Posts: 8,379 ✭✭✭✭✭

    Now now guys, be nice.

    "Gold is money, and nothing else" (JP Morgan, 1912)

    "“Those who sacrifice liberty for security/safety deserve neither.“(Benjamin Franklin)

    "I only golf on days that end in 'Y'" (DE59)
  • 291fifth291fifth Posts: 24,710 ✭✭✭✭✭

    If someone is offering to buy the coin from you at a profit ... take the money and run!

    All glory is fleeting.
  • BGERRISHBGERRISH Posts: 74 ✭✭✭

    Interesting looking Frankie but for $500.00 I would pass on such a tarnished example.

  • DoubleEagle59DoubleEagle59 Posts: 8,379 ✭✭✭✭✭
    edited July 31, 2017 8:22AM

    "Gold is money, and nothing else" (JP Morgan, 1912)

    "“Those who sacrifice liberty for security/safety deserve neither.“(Benjamin Franklin)

    "I only golf on days that end in 'Y'" (DE59)
  • U1chicagoU1chicago Posts: 6,566 ✭✭✭✭✭

    @DoubleEagle59 said:
    Doesn't greysheet have this coin listed for $600.00? (untoned, of course).

    Yes it does! And the last sale on heritage for a coin that looks much less eye appealing than yours was for $493.50.
    Don't be discouraged by the replies. The $500 looks like a bargain to me.

    https://coins.ha.com/itm/franklin-half-dollars/half-dollars/1960-50c-ms66-pcgs-pcgs-population-35-1-ngc-census-26-1-cdn-600-whsle-bid-for-problem-free-ngc-pcgs-ms66-minta/a/1252-7694.s?ic4=ListView-ShortDescription-071515

  • DoubleEagle59DoubleEagle59 Posts: 8,379 ✭✭✭✭✭

    @U1chicago said:

    @DoubleEagle59 said:
    Doesn't greysheet have this coin listed for $600.00? (untoned, of course).

    Yes it does! And the last sale on heritage for a coin that looks much less eye appealing than yours was for $493.50.
    Don't be discouraged by the replies. The $500 looks like a bargain to me.

    https://coins.ha.com/itm/franklin-half-dollars/half-dollars/1960-50c-ms66-pcgs-pcgs-population-35-1-ngc-census-26-1-cdn-600-whsle-bid-for-problem-free-ngc-pcgs-ms66-minta/a/1252-7694.s?ic4=ListView-ShortDescription-071515

    That's kind of what I was thinking too.

    Since very few 1960's are toned with these 'neon' colors and with the luster this coin has.

    Oh well, time will tell what I get for it.

    "Gold is money, and nothing else" (JP Morgan, 1912)

    "“Those who sacrifice liberty for security/safety deserve neither.“(Benjamin Franklin)

    "I only golf on days that end in 'Y'" (DE59)
  • U1chicagoU1chicago Posts: 6,566 ✭✭✭✭✭
    edited July 31, 2017 8:28AM

    By the way, I would not be surprised to see this coin at some point in Tomaska's inventory as an "Everest Selection" priced at $2,500 (and it could still sell!).

  • DoubleEagle59DoubleEagle59 Posts: 8,379 ✭✭✭✭✭

    Now THAT would be overpriced in my opinion.

    "Gold is money, and nothing else" (JP Morgan, 1912)

    "“Those who sacrifice liberty for security/safety deserve neither.“(Benjamin Franklin)

    "I only golf on days that end in 'Y'" (DE59)
  • U1chicagoU1chicago Posts: 6,566 ✭✭✭✭✭

    @DoubleEagle59 said:
    Now THAT would be overpriced in my opinion.

    True, but it would suggest that the original $500 was nowhere near overpriced.

  • ElmerFusterpuckElmerFusterpuck Posts: 4,807 ✭✭✭✭✭

    Looks like a nice coin if the luster is all there, hopefully no dull spots. If you like it, that's all that counts; some will call it toning, others will call it tarnish, others will call it damaged, and a few will say they can duplicate it without showing any evidence. To each his/her own.

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