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.was This A Good Deal ?bigger Pics Added !!

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grovey's Avatar
United States
440 Posts
 Posted 03/27/2005  7:59 pm Show Profile   Bookmark this topic Add grovey to your friends list Get a Link to this Message Number of Subscribers
I bought these today.. They look nicer than the pics. Please help me with a grade if you can. I was guessing ms62-63.. How Close AM I ?

http://members.sparedollar.com/gil/ben1.jpg

http://members.sparedollar.com/gil/ben2.jpg


$45.00 for the 6 Was this a good deal ? Fair deal? Bad deal ?
Edited by grovey
03/27/2005 11:12 pm
Pillar of the Community
United States
2724 Posts
 Posted 03/27/2005  8:57 pm  Show Profile   Bookmark this reply Add national dealer to your friends list Get a Link to this Reply
Too hard to tell if they are 63 or not from the pics. However, in MS-63 1963-P Franklins sell for around $7.50 to $8 each at retail. 1963-D sell for $7.00 to $7.50 retail. So overall, I would say that you paid near full retail if they are indeed MS-63.

Now if any hit the FBL, you will find that you have a deal.
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Metalman's Avatar
United States
7123 Posts
 Posted 03/27/2005  8:58 pm  Show Profile   Bookmark this reply Add Metalman to your friends list Get a Link to this Reply
Grovey can you post pics one at a time and a little larger, no way to give an opinion on grade from the small photos.

as far as the price ,, MS-60 retail for the 63 and 63-D is around $4.00 if they make a MS-63 they are around $8.00 these coins in this year do not make a substantial jump in price until MS-65 I hope this helps.

Rick
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Speedy's Avatar
United States
307 Posts
 Posted 03/27/2005  9:18 pm  Show Profile   Bookmark this reply Add Speedy to your friends list Get a Link to this Reply
NICE--I love Franklins.
Look to be MS62/3 but I'm not too good with the MS grades...the luster looks great.

Speedy
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Susanlynn9's Avatar
United States
5877 Posts
 Posted 03/27/2005  9:22 pm  Show Profile   Bookmark this reply Add Susanlynn9 to your friends list Get a Link to this Reply
I agree that larger pics would help for grading - preferably individual.

On the bright side, the raw Franklin market has appeared to be rising quite a bit recently on ebay. We just sold an MS63 61-D for $16.00 (raw). I would say that, with what I'm seeing, you got a pretty good deal. Keep an eye on the ebay prices for the next month or two. I think you'll see a marked increase.
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grovey's Avatar
United States
440 Posts
 Posted 03/27/2005  9:56 pm  Show Profile   Bookmark this reply Add grovey to your friends list Get a Link to this Reply
I am uploading bigger individual pics as we speak. my pos computer takes its sweeeeet time. and I am still in dial up world. they will be on tonight.
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grovey's Avatar
United States
440 Posts
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Susanlynn9's Avatar
United States
5877 Posts
 Posted 03/27/2005  11:30 pm  Show Profile   Bookmark this reply Add Susanlynn9 to your friends list Get a Link to this Reply
Thank you. The pics are much better. Keeping in mind that scans are good for details but bad for luster, I would say that these are MS63 if the luster is good. Check the reverse of the 3rd coin under strong magnification. I think it may have full bell lines, but can't tell for sure.

I'd say you did well - especially with what I've been seeing in the market. But, if you ever go to sell them, don't use scans. Digital pics will bring out the luster and you'll get better money for them.

Susan
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grovey's Avatar
United States
440 Posts
 Posted 03/27/2005  11:38 pm  Show Profile   Bookmark this reply Add grovey to your friends list Get a Link to this Reply
Great, Thanks Susan. I was told prevously by another "dealer" that they were junk..maybe trying to make me feel bad so I would sell them or maybe he didn't have a clue. They are the nicest raw ones i.ve seen in a while. The avg price for circ. is 3-4.00. I can buy the set in g-vf for $125.00. But these are just nice.
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Susanlynn9's Avatar
United States
5877 Posts
 Posted 03/28/2005  12:06 am  Show Profile   Bookmark this reply Add Susanlynn9 to your friends list Get a Link to this Reply
Not every dealer follows the ebay market trends. Although I have seen the graded Franklin market improving for a while, I only started noticing the improvement in the raw market last week, so I wouldn't be too hard on that dealer.
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United States
2724 Posts
 Posted 03/28/2005  12:21 pm  Show Profile   Bookmark this reply Add national dealer to your friends list Get a Link to this Reply
Grovey,

It seems that you did pretty good overall. Don't let yourself get caught up in saving a couple of dollars. Franklins are really a tough coin right now. Most dealers have no clue what to do with them once they have them. (I am one). Somedays the Franklins are hot and the next they cold. A few dealers specialize in them, and they pretty much set the market. For the collector who makes the Franklin half a study, it can be quite rewarding. They are a difficult coin to grade, find in gem, and find fully struck. There is a niche market for these coins.
So now the hard question? Are you happy with your purchase? If so, don't worry about what some dealer thinks. If I had a nickel for each dealer who told me that I spent too much on a coin, I would be rich
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Susanlynn9's Avatar
United States
5877 Posts
 Posted 03/28/2005  1:23 pm  Show Profile   Bookmark this reply Add Susanlynn9 to your friends list Get a Link to this Reply
quote:
Originally posted by national dealer

Grovey,

It seems that you did pretty good overall. Don't let yourself get caught up in saving a couple of dollars. Franklins are really a tough coin right now. Most dealers have no clue what to do with them once they have them. (I am one). Somedays the Franklins are hot and the next they cold. A few dealers specialize in them, and they pretty much set the market. For the collector who makes the Franklin half a study, it can be quite rewarding. They are a difficult coin to grade, find in gem, and find fully struck. There is a niche market for these coins.
So now the hard question? Are you happy with your purchase? If so, don't worry about what some dealer thinks. If I had a nickel for each dealer who told me that I spent too much on a coin, I would be rich


Actually, I think you do, don't you ND?
Valued Member
Speedy's Avatar
United States
307 Posts
 Posted 03/28/2005  7:07 pm  Show Profile   Bookmark this reply Add Speedy to your friends list Get a Link to this Reply
Looks great Grovey!!!
If you see that dealer again ask him about Morgan dollars? ;--)

Speedy
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