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Replies: 13 / Views: 1,176 |
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Valued Member
United States
179 Posts |
As I've mentioned in another post I'm going to put together a set of Franklin Halves, slabbed, MS64 minimum. My main source of purchase will probably be ebay, and I'm looking to buy cheap with an eye toward possible resale for this set. Here's where I need opinions. Should I complete the set using a single TPG, or would future purchasers not be put off with a combination of the top 3? I am probably a bit CDO (and for those of you not aware of this condition, it's just like OCD, but in alphabetical order like it should be...) and I want to know if my personal preferences are coloring my thought process.
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Moderator
 United States
6563 Posts |
IMHO I'd say you would get a higher return if all were the same TGP. It leaves no room for doubt for the buyer. Good luck with the set!
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Valued Member
United States
414 Posts |
I am working on my PCGS Morgan mint mark set. I like the idea with one TPG so that I can register them.
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Valued Member
United States
376 Posts |
It is a beautiful set when completed like that, Mine is in the same grading service ANACS I got mine raw then sent them in and had the whole set slabbed.
Good Luck on the set. If I see any at a good price I will let you know. Let us know which service you are wanting.
Madspec
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Pillar of the Community
United States
834 Posts |
I would think it would be best to stay with the same if you can, try and keep all the slabs from one TPG. Bruce.
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Valued Member
 United States
179 Posts |
Okay, I can see where this is heading... Now, as a follow-up, which TPG has the best looking slab? Or, better question, which one has the higher resale value?
Edited by mathman 04/19/2007 8:45 pm
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Moderator
 United States
6563 Posts |
I believe PCGS has the highest resale value
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Bedrock of the Community
United States
14454 Posts |
I always bought which ever I liked and was available at the time I was looking for the certain one and then joined one club and sent all other TPG coins in to be crossed
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Valued Member
 United States
179 Posts |
I thought about that Bryan, but I don't know enough about the TPG's to know if that would be cost effective.
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Pillar of the Community
United States
1083 Posts |
I just finished a set of Franklin's. Some of the earlier, key dates I have are coins that I pulled from change and rolls in my childhood and are mostly high grade circulated, but for 1956 to 1963 I bought on ebay MS-64 or better and proof; however, I bought them raw. Unlike other series there is lots of great material out there in the Franklins - uncleaned, undamaged, some with nice light album toning and reasonably priced. Proofs are abundant, but only from the Philadelphia Mint. I suppose if your main goal is price appreciation a name brand TPG makes sense, but I confess I don't care for slabs. I am waiting on delivery of two proofs and I will post some pictures.
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Pillar of the Community
United States
2254 Posts |
Mathman, from what I can see on ebay and Heritage, NGC is getting very close to the values of PCGS. While it looks like they're not quite there yet, depending on the coin itself, it could go either way as far as resale value. If I was going to venture into what you're doing, I would suggest PCGS at this point. If it takes you a couple of years to get the set together and things change, you can always cross over to another service. ANACS is highly respected also, and certainly grades competently, but IMO, ANACS gets their business because they will grade problem coins. If you're going to buy raw and submit to one TPG, you have to be 100% sure the coin is not cleaned or damaged. This can be hard to tell, just ask the folks that submitted coins to PCGS recently. Just making you aware that you could submit 20 coins to PCGS and 2 or 3 could come back body bagged. So much for your "One company slabbed" adventure....Hope this helps. Of course after reading your post again, you do state that you are going to buy slabbed. I guess I could have just replied with one thing: PCGS 
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Pillar of the Community
United States
1984 Posts |
My only suggestion would be to include other sources for purchase. Online, I recommend looking at Teletrade. Their prices can be better than ebay raw coins for already slabbed pieces, and they only handle coins in slabs. If nothing else, Teletrade provides another point of price reference to keep you from overpaying on ebay. While the advice to stick with a single TPGS is solid, the choice isn't as clear now as it has been in the past. My sense is that NGC applies grades more consistently than PCGS (although I don't like the "*" designation NGC uses). ANACS has been rising steadily in my esteem and I like the new holders. Good luck whatever you pick...
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New Member
United States
48 Posts |
Just remember that if you use one of the online auction houses (like Teletrade or Heritage), that they also charge a buyers premium. As they have a minimum regardless of price, this can add a good premium to the price for some of the lower price Franklins.
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Pillar of the Community
United States
1984 Posts |
Very true, FHDave. The prices at Heritage and Teletrade look low sometimes if you forget about the minimum and the percentage.
Same (about commissions/charges) goes for Proxibid, but I also recommend Proxibid as a decent live/online auction site. Sometimes you can "catch 'em napping," as it were.
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Replies: 13 / Views: 1,176 |
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