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 Replies: 10 / Views: 2,000 |
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Valued Member
United States
69 Posts |
I saw a 1955 P Cameo Proof Franklin half, PR65, "Heavy Frost" for $550. And I saw the exact same coin with "Medium Frost" for $275. Does this make sense that the Medium Frost would go for $275 and the Heavy Frost would go for $550? |
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Pillar of the Community
United States
4589 Posts |
heavy frosted franklin I do believe are hard to come by. I have seen and own some medium to minimal frost Franklins But I have only seen one Real Heavy And It They were asking Alot of Money
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Pillar Of The Community
3147 Posts |
Again we find MORE HYPE concerning coins. The grading companies continue to find ways to suck the green right out of collectors wallets knowing the average collector can't tell degrees of frost any better than they can grade at a level over MS-63. Just another way to con the unknowledgeable. Did you ever see a "Heavy Frost" album or holder? Save your money and look for high grade, in your eyes, raw coins. And, as I have always said, some day you may need to sell off your collection and finding someone to buy a nice Franklin won't be to hard but finding someone to pay hundreds of dollars for the same coin because you were told it has "heavy frost" may turn into a losing proposition! Buy the coin, not the hype! A rule of thumb I like to use is "If it isn't listed in a price guide then its a con." I have checked all the guides I have here this morning and can find no prices listed for "Light Frost", "Medium Frost" or "Heavy Frost". I did find a PRF65 Franklin half listed at $100 so I now have a reference point but would point out I absolutely WOULD NOT PAY $100 for that coin. Too many of them ungraded available with a little seaching. Edited by crystalk64
12/10/2006 3:00 pm
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Valued Member
United States
62 Posts |
Without seeing the coins, it's really impossible to say. Collectors of cameo proof coinage do pay for increasing amounts of cameo contrast (i.e., frost). Different grading companies are said by some to emphasize different qualities of the coin(quality of mirrors vs. degree of frosting) in assigning their cameo/deep cameo/ultra cameo designations, but I think they're really more alike than different in this regard. The fact is, a super, ultimate solid unbroken frosted piece, perhaps one of the first few strikes off a freshly prepared set of dies, is a real sight to behold, compared to a more ho-hum piece, and can command a whopping premium. It's a very desirable quality. Some pieces can have vastly different degrees of frost on the obverse and reverse, and these should be regarded accordingly, pricewise. The same goes for a piece broken frost, or one lacking frost on some of the devices, such as the peripheral lettering of the coin. Also, "artificially frosted" pieces, which have been chemically treated to simulate cameo frost are known to exist, and some have even been slabbed by the major grading companies. These can take on an unnatural look or can have the "frost" spilling out onto the fields at the edge of the frosted devices.
In my own collecting, I really never really cared much about cameo proofs, but as time has gone on, I have begun replacing my brilliant (non-cameo) pieces (Franklins, actually!) with cameo coinage, as I have really come to appreciate this look. Back to the coins you asked about. It's anybody's guess what the two coins look like. Without seeing them in hand, I would regard it as an absolute gamble, and would personally pass on the coins. I also think the prices are rather high.
Good luck, and have fun!
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Moderator
 United States
23522 Posts |
To provide a little counterpoint to Terry's post, I will mention that, when it boils down to it, the collector is the one who determines price. No price guide, no dealer, no TPG can set a value on a coin if someone isn't willing to pay that price. Most published price guides are wish lists, composed by those who have a financial stake in the best selling price possible, and are therefore to be taken with a grain of salt. In the real world, there are people, collectors like you and I, who prize certain features of certain coins. That is why nicely-toned coins command such a premium, regardless of the fact that I consider toning to be damage. The color collector does not care about my opinion, nor does he care about a price guide. And so it is with frosted coins, a type where I find myself on the other side of the fence. I will cheerfully pay a premium for a nicely-frosted coin, and I fully understand how the Franklin mentioned here might command a doubled price due to the heavy frost. 50's Proof Franklins are uncommon in such condition. Having said that, would I pay such money for this specific coin? Heck, no. It's substantially overpriced. Would someone who specialized in deeply-frosted Frankies? Maybe. That's the point - it's the collector who decides the price, not the dealer. |
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Pillar of the Community
United States
7123 Posts |
I have to agree with both Terry and Dave !! Because each one has made a valid point!! Even though they sound contradictory in terms of words and direction, they are not they are both stating factors that come into play in the market place and these factors differ based upon the true interest of the collector in any specific coin series and the attributes which each coin individually hold.
I have gone through thousands of proof Lincoln cents ,, and have managed to add, just a dozen or so to my collection because of certian attributes that I insist the coin have.
and the search continues !! completely at the mercy of my attitude and opinion.
Rick
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Rest in Peace
United States
2884 Posts |
Terry edited his earlier post, hence it shows him as posting last! Mike  |
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New Member
United States
21 Posts |
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Pillar of the Community
United States
4589 Posts |
The terms liitle , medium and alot of frost was meant as a discriptive and by no means Would I be coned out of my money ffom a grading company. LOL But what everyone said basically sums it up . the question is do you want to spend that kind of money. Or Not
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Valued Member
United States
414 Posts |
I think there are two kinds of grading. One grading for the ultra-rich to distingish themself from commomers. For each grade they added, the number of coins drop by five to ten fold, or more, so that the price will go up. The money will only circulate in the hands of ultra-rich. As the grade comes to the average, the price for the old coins is so market-corrected and will only go up a bit with the whole market. So, they need to invent way to fine cut the grade, such as moving to 100 point system or fraction point or adding more term to move the market. Only time can tell. For me, I only get thing for mint, might be a gain or a loss, but I like the chance.
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Member
United States
3242 Posts |
quote:
Originally posted by SuperDave
To provide a little counterpoint to Terry's post, I will mention that, when it boils down to it, the collector is the one who determines price. No price guide, no dealer, no TPG can set a value on a coin if someone isn't willing to pay that price. Most published price guides are wish lists, composed by those who have a financial stake in the best selling price possible, and are therefore to be taken with a grain of salt.
In the real world, there are people, collectors like you and I, who prize certain features of certain coins. That is why nicely-toned coins command such a premium, regardless of the fact that I consider toning to be damage. The color collector does not care about my opinion, nor does he care about a price guide.
And so it is with frosted coins, a type where I find myself on the other side of the fence. I will cheerfully pay a premium for a nicely-frosted coin, and I fully understand how the Franklin mentioned here might command a doubled price due to the heavy frost. 50's Proof Franklins are uncommon in such condition.
Having said that, would I pay such money for this specific coin? Heck, no. It's substantially overpriced. Would someone who specialized in deeply-frosted Frankies? Maybe. That's the point - it's the collector who decides the price, not the dealer.
You hit the ball out of the park with this! One fool will buy it at $795.00 just say well that heavy frost on mine! A fool with money throw a curve in all coin prices. Money doesn't mean brains  |
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Replies: 10 / Views: 2,000 |
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Posted 12/10/2006 09:06 am
