1956 proof Franklin Type 1 and Type 2 comparison image.

Russ · March 29, 2005 2:11AM

A little something for you cherrypickers to keep handy:

Go rip some dealers!

Russ, NCNE

mgoodm3 · March 29, 2005 2:13AM

Which type is less common?

Russ · March 29, 2005 2:13AM

<< Which type is less common? >>

Type 1.

Russ, NCNE

XpipedreamR · March 29, 2005 2:22AM

Thanks, I can never keep this straight, so the more pics, the better!

nankraut · March 29, 2005 2:25AM

Nice photos, Russ. I always think of the eagle on the type 2 as being "pumped up" (or maybe on steroids?)

ER · March 29, 2005 2:30AM

Is that a cross on the eagle's breast?

Longacre · March 29, 2005 2:36AM

I can't really tell the difference. Different sizes?

Russ · March 29, 2005 2:39AM

<< I can't really tell the difference. >>

The easiest way for me to tell is the wing feathers to the left and completely clear of the perch. Type 1 has four wimpy ones, Type 2 has three beefy ones.

Russ, NCNE

AuldFartte · March 29, 2005 2:41AM

The only difference I can see (besides the fact that Type 2 is really frosty!!!) is, possibly, a slightly different "angle" on the right side feathers. Is that what makes the difference?

Never mind ... you answered it

peg · March 29, 2005 2:46AM

Type 2 also has alot more detail on the mid section of the eagle's feathers.

ElKevvo · March 29, 2005 2:53AM

Thanks for this post...it is very educational!

DAM · March 29, 2005 4:23AM

Aside from the Type 1 being less common, what's the value difference between the two.

In what grade does it become a GREAT RIP?

Russ · March 29, 2005 4:31AM

<< Aside from the Type 1 being less common, what's the value difference between the two.

In what grade does it become a GREAT RIP? >>

In average brilliant, not a whole lot. PR68 and PR69, the spread widens quite a bit, but the Type 1 still won't make you rich. Where the bucks are is in cameo and deep cameo. The Type 1 is scarce in cameo, and just plain RARE in DCAM. A PR68CAM Type 2 is around a $100 coin; a PR68CAM Type 1 is about 10 times that. Any DCAM Type 1 is $thousands.

Russ, NCNE

drdja · March 29, 2005 4:40AM

That’s pretty cool. It also looks like the space between the beak and right wing is larger in Type 1 (or type 2 eagle has a larger head).

MadMonk · March 29, 2005 5:00AM

Hedger · March 29, 2005 5:03AM

Gonna' have to check my proof sets. Thanks. Didn't know there were two types.

JrGMan2004 · March 29, 2005 5:09AM

So... looking for 5 wingtips instead of 4, right?

Myqqy · March 29, 2005 5:58AM

I keep dreaming of buying a raw, cameo 56 franklin for cheap, and then getting it to discover that it's really a scarce and valuable type 1...... hasn't happened yet.......

Russ · March 29, 2005 6:00AM

Myqqy,

We all have similar dreams.

Russ, NCNE

Myqqy · March 29, 2005 6:02AM

We all have similar dreams.

Sounds like you're starting to like franklins!

Russ · March 29, 2005 6:05AM

Here's something to tide you over while you hunt:

Russ, NCNE

Russ · March 29, 2005 6:06AM

<< Sounds like you're starting to like franklins! >>

No, I like profit!

Russ, NCNE

Cameonut · March 29, 2005 7:09AM

Thanks for posting decent photos Russ. I've been ripping these for years at bid.

Your comments on the values of the Type 1 cameos/dcams is right on. Very difficult to find in cameo and dcams are nearly unheard of. The best I have been able to find is a PCGS cameo. Dcam reverse with a cameo obverse. I suspect there are very few matched dcams out there. I also seem to remember that there is a doubled die reverse mentioned in Breen. That would mean that there were two Type 1 dies at a minimum - possibly more.

100proof1957 · March 29, 2005 7:21AM

Just sold 4 type ones,no cams though

According to Breen,the Type One makes up about 5 % of the 56 Proofs

Check the PCGS pops,they are actually quite common in non CAMS.

Proof

RYK · March 29, 2005 8:01AM

Russ, what is the ratio of Type 1's to Type 2's?

Russ · March 29, 2005 8:06AM

<< Russ, what is the ratio of Type 1's to Type 2's? >>

<< According to Breen,the Type One makes up about 5 % of the 56 Proofs. >>

Russ, NCNE

100proof1957 · March 29, 2005 8:11AM

That would be what ?

1 in 20

SanctionII · March 29, 2005 10:01AM

I like 1956 Frankies, cuz #1 its my birth year; and #2 I have found some nice raw CAMDCAM proof Type @ coins in original proof sets or as singles. I have only come across one Type 1 proof and it is brilliant and would grade maybe 64-65.

I cherrypicked an original 1956 set from a pawn shop last about 2 weeks ago that has a CAMDCAM half. Even though the coin has light haze on it, on first seeing the set, the half screamed CAMDCAM at me through the cello. After I bought the set I remembered Type 1 vs. Type 2 and had visions of scoring a DCAM Type 1 (major Cha-Ching). Alas, my dreams of a big score were dashed when I scoped out the coin's reverse and found a Type 2. Still a hell of a nice coin.

As Russ says, "I love cameos".

Cameonut · March 29, 2005 10:29AM

I think the percentage of type 1's is about 5% as stated previously. Be careful about drawing conclusions from the pop reports. Most people would not slab a brilliant type 2 but would slab a brilliant type 1 - especially if high grade.

Also, I have noticed that the Type 1's come in mint packaging with corrugated paper liners - I suspect this was initial packaging developed to replace the cello bags in paper box in 1955. Later sets seem to be in envelopes with tagboard liners as seen in later years. (100Proof1957's Type 1's were in the corrugated liner packaging). So look close when you see the corrugated liners.

Russ · March 29, 2005 10:31AM

The corrugated liners were also used in 1957, so that isn't really an indication that a 1956 with that liner type was early production.

Russ, NCNE

100proof1957 · March 29, 2005 10:41AM

Thanks for the tid bit Nut.

I have 3 57 proofs right now that are tag board.

nankraut · March 29, 2005 11:37AM

FYI, I discovered 21 mint sealed 1956 sets with the type 1 half (out of 300+ sets that I opened recently to look at). I cut out the best looking type 1 and sent it to PCGS with my last submission, hoping for a CAM, but it came back PR66. I also recently sold some unopened 1956 sets on EBAY (seems like the price is always a little higher for the unopened ones). I suppose some of them may have type 1 CAMS, but I wouldn't bet on it. Anyway, it was lots of fun; and I'm going to open the rest of them one of these days when I get the urge again. There seem to be quite a few type 2 CAM/DCAM halves in the 1956 sets I've opened so far.

Dennis88 · March 29, 2005 7:01PM

MICHAELDIXON · December 4, 2005 9:55PM

Russ,
This is always good information to have. I've brought it to the top for the newb's to see.

JRocco · December 5, 2005 12:07AM

Not to hijack Russ's thread with one of my coins, but here is one for ya.

MICHAELDIXON · January 27, 2006 3:49AM

As always, this is an excellent reference thread!

MadMarty · January 27, 2006 4:05AM

<< I keep dreaming of buying a raw, cameo 56 franklin for cheap, and then getting it to discover that it's really a scarce and valuable type 1...... hasn't happened yet.......

>>

6 months ago I made a 56 T1 Frankie in 68CAM. Got it out of a $48 proof set.

1956 proof Franklin Type 1 and Type 2 comparison image.

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