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Is there such a thing as a ms62 FBL 1953-s Frankie?

Just curious

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    RussRuss Posts: 48,514 ✭✭✭
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    Why not ?
    image
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    I thought maybe the 62, by definition, could not have FBL due to poor strike.

    What is the lowest quality FBL in a 53-s?
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    RonyahskiRonyahski Posts: 3,120 ✭✭✭✭✭
    Lowest one grade by PCGS is 63.
    Some refer to overgraded slabs as Coffins. I like to think of them as Happy Coins.
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    morgannut2morgannut2 Posts: 4,293
    The lowest PCGS graded 53S with FBL as of July was MS63--You are correct, there are no MS60/61/62's graded. Guess I should look for one with only a raggy obverse real cheap!
    morgannut2
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    ShamikaShamika Posts: 18,785 ✭✭✭✭


    << <i>What is the lowest quality FBL in a 53-s? >>


    There's nothing preventing PCGS from grading the right coin MS60FBL. It doesn't have to have a poor strike to garner such a low grade. If the coin has a zillion bag marks, poor luster, ugly toning, and yet no wear, it should grade MS60 even with a monster strike. Of course a strong strike would be necessary for the FBL recognition.

    One other thing; PCGS will not reward a circulated Franklin with FBL. It must be at least MS60. Thus the grade of AU58FBL will not be given even though a circulated Franklin may show full bell lines.
    Buyer and seller of vintage coin boards!
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    RussRuss Posts: 48,514 ✭✭✭
    The fact that PCGS hasn't graded any doesn't mean that none exist.

    Russ, NCNE
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    << <i>The fact that PCGS hasn't graded any doesn't mean that none exist.

    Russ, NCNE >>



    Russ,

    I think it is pretty odd that none have been graded if this was true.
    I am sure people have been submitting that date like crazy trting to catch a big score.
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    morgannut2morgannut2 Posts: 4,293
    It only seems odd--but you have to realize Frankies get a lot of hits. To get a 61/61, then it has to be an ultra rare full strike, then the delicate bell lines can't be banged up. Odds are they get trashed with hits, so no FBL's so far in 60-62.
    morgannut2
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    RonyahskiRonyahski Posts: 3,120 ✭✭✭✭✭
    >>



    Russ,

    I think it is pretty odd that none have been graded if this was true.
    I am sure people have been submitting that date like crazy trting to catch a big score. >>



    Not odd, just the way the TPGs grade. The graveyard grade for Franklins is 64. If a coin isn't gem it is thrown into this grade. A coin has to be stand-out bad to knock it down into a 63. Beyond that, they're just not given grades of 62-61-60. So you won't find a 53-S in 62 or below any more then you would find any other date. Look at PCGS total grading populations for Franklins:

    67+ < 1k
    66 8k
    65 42k
    64 88k
    63 10k
    62- <1k

    It's a very steep bell curve. Many series have graveyard grades.



    Some refer to overgraded slabs as Coffins. I like to think of them as Happy Coins.
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    bushmaster8bushmaster8 Posts: 5,616
    Well said Ronyahaski!

    Also, the 53-s comes about as clean as any date/mm Franklin, you really have to search to find a crappy looking 53-s in terms of hits
    "Wars are really ugly! They're dirty
    and they're cold.
    I don't want nobody to shoot me in the foxhole."
    Mary






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    BillJonesBillJones Posts: 35,833 ✭✭✭✭✭
    One would hope that usch a coin is possible, BUT

    If it HAD full bell lines, and part of them has been worn off, which can happen with an MS-62, how can you prove that it once had full bell lines? image
    Retired dealer and avid collector of U.S. type coins, 19th century presidential campaign medalets and selected medals. In recent years I have been working on a set of British coins - at least one coin from each king or queen who issued pieces that are collectible. I am also collecting at least one coin for each Roman emperor from Julius Caesar to ... ?
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    Bill -

    thats a great question .........

    you would have to go back in time in a time machine !
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    ...........say Bill ; do you have a time machine ?
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    Is there such a thing as a ms62 FBL 1953-s Frankie?



    << <i>Yes.

    Russ, NCNE >>




    Lowest one grade by PCGS is 63.



    'Oh mygosh--the eggspert is wrooooooooooooong!!!
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    BarndogBarndog Posts: 20,525 ✭✭✭✭✭


    << <i>'Oh mygosh--the eggspert is wrooooooooooooong!!! >>


    Don't be so sure of that:
    What about ANACS, NGC, PCI, etc.?
    What about raw coins?

    I think an exhaustive search would be needed to prove that there is not one MS-62 FBL 1953-S Franklin Half.
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    << <i>

    << <i>'Oh mygosh--the eggspert is wrooooooooooooong!!! >>


    Don't be so sure of that:
    What about ANACS, NGC, PCI, etc.?
    What about raw coins?

    I think an exhaustive search would be needed to prove that there is not one MS-62 FBL 1953-S Franklin Half. >>




    Ever try to prove a negative?? Let's see if Mr. eggspert can come up with an example. 'till then, he's wrooooooooooong IMO!
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    ShamikaShamika Posts: 18,785 ✭✭✭✭


    << <i> Is there such a thing as a ms62 FBL 1953-s Frankie? >>


    Majorbigtime,
    I read this question from a strictly theoretical perspective. I don't believe the question was ment to pertain to PCGS graded coins.

    Buyer and seller of vintage coin boards!
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    << <i>

    << <i> Is there such a thing as a ms62 FBL 1953-s Frankie? >>


    Majorbigtime,
    I read this question from a strictly theoretical perspective. I don't believe the question was ment to pertain to PCGS graded coins. >>



    Fair enough--can the eggspert prove his off the hip shot??
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    ShamikaShamika Posts: 18,785 ✭✭✭✭
    I don't think he or anyone else is saying that they actually know of an MS62FBL 1953-S Franklin. Mearly that it's possible one in such a grade might exist. And knowing how PCGS loves to market grade attractive AU-58 coins as low end MS pieces, I could "imagine" such a coin being graded MS62FBL at PCGS.

    Again, this is all speculative.
    Buyer and seller of vintage coin boards!
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    << <i>I don't think he or anyone else is saying that they actually know of an MS62FBL 1953-S Franklin. Mearly that it's possible one in such a grade might exist. And knowing how PCGS loves to market grade attractive AU-58 coins as low end MS pieces, I could "imagine" such a coin being graded MS62FBL at PCGS.

    Again, this is all speculative. >>




    I disagree--there's nothing equivocal about his response ("yes") to the question "Is there such a thing as a ms62 FBL 1953-s Frankie?"

    The eggspert is full of baloney IMO!
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    topstuftopstuf Posts: 14,803 ✭✭✭✭✭
    Is a line across the bell SO desirable that a collector would put up with a "raggy" obverse?
    Myself, I'd take a clean, unmarked coin and the hell with a line across a bell.
    What is so interesting about looking at a full line?

    ?????????
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    ShamikaShamika Posts: 18,785 ✭✭✭✭


    << <i>What is so interesting about looking at a full line? >>


    I agree. But this statement holds true for Jeffersons Nickels (Full Steps), Mercury Dimes (Full Bands), and probably a host of other series in which collectors clearly put a premium on.

    Buyer and seller of vintage coin boards!
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    topstuftopstuf Posts: 14,803 ✭✭✭✭✭
    Not arguing the premium, just its justification. I feel the same on steps, fasces bands, and bells. Anything to make someone chase their tail.
    Oh well, it removes some competing money from crummy old classic designs.
    image
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    RussRuss Posts: 48,514 ✭✭✭


    << <i>Lowest one grade by PCGS is 63.

    'Oh mygosh--the eggspert is wrooooooooooooong!!! >>



    I know this will come as a shock, fat boy, but there are coins that exist that aren't in PCGS holders. image

    Russ, NCNE
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    HeywoodHeywood Posts: 1,246 ✭✭✭
    Now the twist- asked before but approriate here-

    What is the highest grade you should be able to get with out the full strike designation-

    be it FBL or FBs in Dimes.?

    67 seems to be the limit, but shouldn't a 67 have a full strike?


    A witty saying proves nothing- Voltaire (1694 - 1778)



    An error does not become truth by reason of multiplied propagation, nor

    does the truth become error because nobody will see it. -Mohandas K. Gandhi (1869-1948)
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    RussRuss Posts: 48,514 ✭✭✭


    << <i>67 seems to be the limit, but shouldn't a 67 have a full strike? >>



    Sometimes there are compensating factors such as exceptional surfaces, blow you away luster, or extraordinary color. And, if the coin is very close to FBL it may still deserve the MS67 if all the other factors are right. Some years are so difficult that close can be enough.

    Russ, NCNE

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