Original 1951 Half Roll

Spudmasher · September 28, 2003 10:08PM

This unopened roll was broken opened, and submitted on the economy service to PCGS during the recent Baltimore ANA. Apparently no FBL.

LINE # CERT # COIN DATE DENOMINATION VARIETY GRADE
1 21321167 1951 50C MS64
1 21321168 1951 50C MS65
1 21321169 1951 50C MS64
1 21321170 1951 50C MS64
1 21321171 1951 50C MS64
1 21321172 1951 50C MS64
1 21321173 1951 50C MS64
1 21321174 1951 50C MS65
1 21321175 1951 50C MS64
1 21321176 1951 50C MS64
1 21321177 1951 50C MS64
1 21321178 1951 50C MS65
1 21321179 1951 50C MS64
1 21321180 1951 50C MS64
1 21321181 1951 50C MS64
1 21321182 1951 50C MS64
1 21321183 1951 50C MS64
1 21321184 1951 50C MS64
1 21321185 1951 50C MS64
1 21321186 1951 50C MS65

Date Received: 08/01/2003
Date Shipped: 09/26/2003

darktone · September 28, 2003 10:16PM

Is there was any full bell line coins they were probably already removed. mike

dorkkarl · September 28, 2003 11:34PM

weird. i thought "ms-63" was supposed to represent the average uncirculated grade for a random sample of unc coins.

K S

tjkillian · September 28, 2003 11:50PM

<< <i>weird. i thought "ms-63" was supposed to represent the average uncirculated grade for a random sample of unc coins. K S >>

That is what I've heard too! Perhaps you received a better than average roll, or could the "average" grade be MS-64?

Tom

FC57Coins · September 28, 2003 11:55PM

Mike:

Not necessarily - I'm not surprised one bit that the roll of 1951's didn't have any FBL coins in it - if you find one or two in any given roll you should consider yourself par for the course - more than that is definitely a gravy find. Certain years and mint marks are very hard to locate in FBL, 1951 is one of them.

Karl:

This is indeed a very very good roll. Philadelphia coins from 1948-1955 are usually pretty clean, Apparently this roll was not disturbed and survived in pristine condition. This is rare, but not unheard of. San Francisco rolls for some reason were for the most part very well preserved as well, though hardly any of them contain FBL's either. Denver rolls are notorious for looking like they've been through a grinder. If you found a Denver roll from the 1948-53 era, you would find more FBL's than average, as they were well struck, but they would average AU58-MS62 most likely.

Frank

LucyBop · September 29, 2003 12:00AM

I agree with the Pug, in 51 the Philly mint was already suffering from die wear resulting in the Bell Lines being very weak. This also happened for the S mints however, the D mint in 51 I think is the most sharply struck FBL coin out there.... My 51d's have been lines that can cut!

A good friend of mine submitting a roll of 51s coins to Pcgs, out of the whole roll he netted one 51s ms65fbl and a ms64fbl... all others didn't have fbl....

Coulport · September 29, 2003 12:01AM

So what was this, a learning exercise?

You start out with 20 coins worth $15 a pop.
Get them wrapped with $16+ of plastic each and end up with:

16 coins you are in $31+ each with a value of $15 per
and
4 coins you are also in $31+ each with a value of $60 per

Placid · September 29, 2003 12:15AM

But think of all the fun he had.

Coulport · September 29, 2003 12:45AM

I get more fun (and profit) buying coins rather than plastic.

LucyBop · September 29, 2003 12:53AM

<< <i>I get more fun (and profit) buying coins rather than plastic. >>

Ok, were happy for you, congrats... your the man!

Let me clue you in on something..... One can do both and have fun and make a profit......

MrKelso · September 29, 2003 2:07AM

Looks like you got a nice roll there. Enjoy, it's always fun to get em graded from a roll.51's are tuff to find the fb's on but never the less you have some nice coins there.

Baley · September 29, 2003 3:28AM

Originally from the title I thought it would be a half of a roll of coins.

but it's a Half Roll, as in a Roll of Halves.

An above average roll but no super gems, huh?

spudmasher, what is your objective? profit or fun or both?

Did you achieve them?

dorkkarl · September 29, 2003 3:33AM

excellent info, & a great thread.

K S

FC57Coins · September 29, 2003 3:43AM

We all take chances every once in a while - sometimes they pay off and sometimes they don't. This thread points out the importance of being able to know exactly what you have as far as the quality of the coin from the onset and what you want to submit and not submit. MS64 Franklins in certain years are probably not a coin that you want to submit because you can get those pretty much anywhere. It's important to be able to cull out the truly outstanding examples in order to maximize the impact of your submissions.

Frank

Spudmasher · September 29, 2003 3:47AM

I should have titled the thread a little differently, but wanted to show what an original unopened roll that I had purchased many years ago would grade today. When the roll was opened at the PCGS table in Baltimore it was the 1st time these coins had seen the light of day. It appeared as if there may have been a 66, or so but as evidenced by the return it was not to be. Don't feel to badly for me though as when the services started grading Frankies you could readily pop out of original mint sets (57's, and 58's) 65's, and 66's which would easily command on the market anywhere from a hundred to two hundred and fifty a coin when FBL's weren't even designated. Needless to say a few dollars were made. You could at that time buy the original mint sets for approximately $50.00 on up, and have the pick of the litter for these two dates. Ron

Original 1951 Half Roll

Comments

Leave a Comment