One more try on the Frankie--Update

Comments

• MadMarty Posts: 16,697 ✭✭✭

  November 24, 2003 10:43AM

  Pictures????

  It is not exactly cheating, I prefer to consider it creative problem solving!!!
  
  

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• Deadhorse Posts: 3,720 ✭

  November 24, 2003 10:49AM

  No way to image it right now, but opinions from a couple of dealers I respect said PR 66 easy, probably PR 67, even 68 on a good day.
  
  I paid a bit more for the set due to a great Roosie cam, toned nickel and quarter along with the stunner of a Frankie.

  "Lenin is certainly right. There is no subtler or more severe means of overturning the existing basis of society(destroy capitalism) than to debauch the currency. The process engages all the hidden forces of economic law on the side of destruction, and it does it in a manner which not one man in a million is able to diagnose."
  John Marnard Keynes, The Economic Consequences of the Peace, 1920, page 235ff

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• MadMarty Posts: 16,697 ✭✭✭

  November 24, 2003 10:51AM

  Check for hairlines, they will get you every time!

  It is not exactly cheating, I prefer to consider it creative problem solving!!!
  
  

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• Deadhorse Posts: 3,720 ✭

  November 24, 2003 11:01AM

  No harilines I can decern. Under a 10x triplet loupe I do see some minor pitting in the fields but they are deep mirrored and not visible under a 5 X loupe.
  
  Is the value of this thing far more than the entire set? Am I better off slabbing it and finding a lesser coin to fillout the set?

  "Lenin is certainly right. There is no subtler or more severe means of overturning the existing basis of society(destroy capitalism) than to debauch the currency. The process engages all the hidden forces of economic law on the side of destruction, and it does it in a manner which not one man in a million is able to diagnose."
  John Marnard Keynes, The Economic Consequences of the Peace, 1920, page 235ff

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• fivecents Posts: 11,207 ✭✭✭✭✭

  November 24, 2003 11:05AM

  If it is a 1950 Deep Cameo Franklin you should rip the set and slab it.imo Even a low grade 1950 Deep Cameo is worth some bucks. (hairlines or not)
  FBL is a nonissue with the proofs.

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• LucyBop Posts: 14,001 ✭✭✭

  November 24, 2003 11:23AM

  doubtful its a DCAM. These are extremely scarce and rare. However, if it is.... I think a pr65DCAM 1950 is a 10k plus coin.....

  Be Bop A Lula!!
  "Senorita HepKitty"
  "I want a real cool Kitty from Hepcat City, to stay in step with me" - Bill Carter

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• Wingsrule Posts: 3,290 ✭✭✭✭

  November 24, 2003 11:28AM

  Lucy,
  
  Find me a '50 in 65 DC and I'll write you a check for $10K. No prob, assuming they grant the loan!
  
  Edited for spelling

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• LucyBop Posts: 14,001 ✭✭✭

  November 24, 2003 11:40AM

  i was pulling a number out my.............
  
  
  well, this will tell you that they command an even greater premium....
  
  a 1950 in a DCAM anything means one thing.... Paid!

  Be Bop A Lula!!
  "Senorita HepKitty"
  "I want a real cool Kitty from Hepcat City, to stay in step with me" - Bill Carter

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• Wingsrule Posts: 3,290 ✭✭✭✭

  November 24, 2003 11:42AM

  Lucy is my hero.

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• Deadhorse Posts: 3,720 ✭

  November 24, 2003 12:15PM

  Well, as I said, I'm not an expert on Frankies, but it's a frosty cam on both sides with no breaks anywhere.
  
  Not a DCAM like I see on modern proofs, but I know modern proofs are graded differently than one that's 53 years old and those fields sure look like deep mirrors to me.
  
  I can read every letter on the bell under a loupe, if that means anything, they just jump out at you.
  
  So Lucy, where would a PR66 or even 67 CAM in a 50 Frankie fit in the $$ scale? It sounds like it might be worth quite abit more than the whole set cost me.

  "Lenin is certainly right. There is no subtler or more severe means of overturning the existing basis of society(destroy capitalism) than to debauch the currency. The process engages all the hidden forces of economic law on the side of destruction, and it does it in a manner which not one man in a million is able to diagnose."
  John Marnard Keynes, The Economic Consequences of the Peace, 1920, page 235ff

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• LucyBop Posts: 14,001 ✭✭✭

  November 24, 2003 12:25PM

  the 1950 FRankie is notoroious for hairlines and milk spots and sticky stuff that really kills the grade.....
  
  PCGs shows a value of 20k for a pr67Cam........
  
  If a fresh one is brought to market, I don't know that it would see that high of a return but, many many would come out of
  the bushes and be standing in line for it.....
  
  a pr65cam probably fetches anywhere between 1800 - 3000 depending on quality/eye appeal...
  
  and I may still be low balling this number... FRanklin proofs are down, but this one may not be.....

  Be Bop A Lula!!
  "Senorita HepKitty"
  "I want a real cool Kitty from Hepcat City, to stay in step with me" - Bill Carter

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• Deadhorse Posts: 3,720 ✭

  November 24, 2003 1:38PM

  Thanks Lucy. It's off the a local dealer I trust very much this weekend and then likely to a PCGS slab. I did pay premium for the set, but nowhere near that money.
  
  This could easily make up for losing a $500 slab last Friday night.
  
  I'll keep you Frankie folks posted. Lucy if it comes back graded 65Cam or above, you can have first shot if you like. I will need a regular 50 proof to fill the set back out, but something tells me you've got stacks of them.
  
  Thanks again for the heads up.
  
  Edti: There are NO milk spots whatsoever.

  "Lenin is certainly right. There is no subtler or more severe means of overturning the existing basis of society(destroy capitalism) than to debauch the currency. The process engages all the hidden forces of economic law on the side of destruction, and it does it in a manner which not one man in a million is able to diagnose."
  John Marnard Keynes, The Economic Consequences of the Peace, 1920, page 235ff

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• Deadhorse Posts: 3,720 ✭

  December 1, 2003 7:20AM

  A little update on the 1950 proof Frankie. Saturday I took it in to the best shop in Houston and the owner WAS impressed. Agreed I should absolutely take it out of the set and slab it.
  
  No milk spots and no hairlines anywhere, no breaks in the frost. As it happened an older gentleman walked in right then and I was told that he was a true Franklin expert.
  
  He took a quick look and then a long serious look. He said it's 65 DCAM on the worst grading day and was nicer than a 66DCAM he has in his proof Franklin collection.
  
  He asked if it was for sale but I said no, not yet. So it's on it's way to PCGS. Looks like I may have gotten lucky pickin' this little cherry.
  
  I will keep the board updated when it makes it's return and I will get it imaged properly even if I have to go so far as to ship it to Russ.
  
  Lucy, I'll still give you first shot at it if you like. It will help finance the rest of my '36 to '64 proof set collection.

  "Lenin is certainly right. There is no subtler or more severe means of overturning the existing basis of society(destroy capitalism) than to debauch the currency. The process engages all the hidden forces of economic law on the side of destruction, and it does it in a manner which not one man in a million is able to diagnose."
  John Marnard Keynes, The Economic Consequences of the Peace, 1920, page 235ff

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• mdwoods Posts: 5,560 ✭✭✭

  December 1, 2003 7:25AM

  Check for hairlines, they will get you every time!
  
  I'm not real swift on proof coinage. Can the coins come from the mint with hairlines?

  National Register Of Big Trees
  
  We'll use our hands and hearts and if we must we'll use our heads.

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