E Larz

A journal by Larz13

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PCGS Observations / Franklin Halves

1954-D Franklin Half PCGS MS-66FBL 32761842 CAC--obv.jpg

1954-D Franklin Half PCGS MS-66FBL 32761842 CAC--rev.jpg

Entries in this journal

PCGS Observations / Franklin Halves

Perhaps it is just me, but as I have collected Franklin Halves for some time, I have noticed that PCGS seems to be flooding the market with new (e.g. their newest holders, retro green and dark blue) certified coins which for the most part, in my opinion do not live up to standard to the grades that have been assigned.  I am aware that PCGS basically ignores the top set of bell lines, which is a strike against them but I had purchased a few PCGS coins and thought, let me try a crossover of those
Larz13

Larz13

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CAC--Is it really necessary?

Probably not going to make too many dealer friends 2008 is one-third of the way over and after the first of the year, I started seeing ads in numismatic publications for coins having the "CAC" sticker on them. After perusing the CAC website (www.caccoin.com) and from what I read, I am not buying into it. These coins are ALREADY certified and you are going to have a 4th-party grading company verify the grade on the holder? I see it as a ruse for some of the higher-end, larger dealers (some
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FBL Find

At BRNA Found this nice FBL at the Blue Ridge Numismatic Association show. If only all Franklins would look this clean. To see old comments for this Journal entry, click here. New comments can be added below.
Larz13

Larz13

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Crossover Score

Crossover from PCGS OGH to NGC Just received back a small hoard of PCGS OGH Franklin Halves crossed over to NGC recently that I had dropped off at the Summer FUN show. It came back with mixed results but a few surprises, including an upgrade shown here. While I would prefer a white coin, this one shows mint set toning which some people love and others....not so much. Happy collecting! Charleston SC show this weekend, Blue Ridge show next! To see old comments for this Journal entry, c
Larz13

Larz13

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Clarification on wait times for grading

How long is it really if the estimated wait time changes while your coins were "Scheduled for Grading"? OK...I submitted some coins at the FUN show in Orlando and they have been scheduled for grading for quite some time, which was expected since the estimated time for Economy service was 28 days when these were submitted. This week, I noticed now that the estimated time for Economy is now up to 35 days (probably with the Silver Eagles coming out creating a boatload of submissions). While the
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A Request to the NGC Collector's Society Technical Staff

This is a real "nice to have" I noticed a shortcoming with this website for sometime and just now I wanted to bring it to the "powers that be"'s attention. Specifically, when you click on over to the NGC Census (from being logged in at Collectors Society), you again have to log in to the get to the NGC Census. While it is easy to just log in again, it is also annoying as it gives you a "sales" screen that shows you the level of memberships that are available. With the IT background that I
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My recent US Mint experience

While on a business trip to Washington I am in Washington this week for business and after the working day is complete, I thought that I would go over to Union Station where the US Mint has a desk where they sell their items. Unfortunately, they have NO Puerto Rico quarter rolls or bags nor do they have the new Lincoln cent rolls. They were sold out and the man behind the desk said there would be no more. I was able to go online and order these items (although some are backordered). I was
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NGC Complaint

Leaving early at the Whitman Altanta Coin Show NGC loses. I had 10 coins that I needed grading so when I was planning a business trip to Atlanta last week, I thought that I would spend an extra day and go to the Whitman Coin Show at Cobb Galleria last Saturday to both shop for additions to my collection and to submit some raw coins to NGC for grading. To my surprise, the NGC tables were packed up and gone on Saturday. Being a resourceful person who still wanted the coins graded, including
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Interesting diatribe at the NGC table at the ANA World's Fair of Money

Body bagged and upset The ANA's "World's Fair of Money" show in Baltimore allowed me to fill some holes in my Morgan dollar collection but I came up empty on my early proof coins. One of my purchases was an 1885-CC GSA Morgan which is a beautiful proof like coin. I think that it is MS-63 PL which would be an upgrade for me, especially given the extra points for the GSA holder. We will see soon enough. While filling out the paperwork to have it graded at the show, a belligerent eastern Eur
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Number Two 1940 Proof Set

Will probably stay #2 unless WestCoast forgets to pay his Collector's Society Dues Well....it is finally complete! The 1940 proof set. The final piece was a 1940 Walking Liberty Half in PF68. While I can take solace in being #2, it has been a challenge putting this set together in these grades. I still have to decide if I am going to get these re-holdered with a pedigree. Perhaps "Not quite the best" or "Pretty Good"? I am happy with them regardless.
Larz13

Larz13

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Upgrading, downgrading, equal cross grading

Lesson learned A lesson to be learned about crossover grading. There is a section on the submission form that I always write in if I am sending a crossover. Something to the affect of "Grade and encapsulate coins regardless of grade or appearance." This bit me once on one coin that I sent in was a PCI PF-67 Cameo. I purchased the coin as a PF-66 (not cameo) but I forgot to say on my submission to disregard the cameo designation. The coin came back with a note that said, "Not cameo". I n
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GSA Morgan Dollars in the NGC Registry

More points for GSA vs. Non-GSA Carson City Dollars I suppose that I knew this before, but I had not purchased a NGC graded GSA Morgan Dollar and was able to pick up more Registry points than the same coin in a regular NGC holder, until now (see picture below). I suppose that the GSAs are more rare, but is it worth getting a bump in Registry points for it because of the packaging? I am aware that PCGS grades GSA dollars but removes them from the government's packaging. I am not aware if NGC
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RE: Here I sit now broken-hearted

The bright/not so bright side of a 1954 proof set submission Good news-bad news here. BAD: If your proof Franklin half is somewhere north of PF66 Cameo, your Economy tier coin will exceed the dollar amount for Ecomomy and send it to Early Bird. GOOD: You will have a real nice coin! Has anyone ever had that happen? Send a coin into one teir and have NGC say that it is too valuable for that said teir? My guess is that you would get a phone call but wondered if anyone else stumbled upon
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NGC holder says PF67 but Registry says PF66

Anyone else ever have this happen? Recently, I won a coin at auction on Ebay, a fine example of a proof Mercury dime. Specifically, a 1940 proof Mercury dime graded Proof-67 (PF67) by NGC which is pictured below. However, when you enter the certification number (1867064-001) into the "Cert Lookup" on the Collector's Society website, it only garners a Proof-66 (PF66). As you can imagine with many coins where one grade point can be the difference in 100's to 100,000's of dollars, there seems
Larz13

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Re: 1884-S versus 1899 Morgan

Many reasons In reviewing Dutch's Journal entry, there are several reasons (some which make sense and others not so much) why a coin with a 3M mintage is more valuable then one with only 300K. For Morgan dollars, this phenomenon is usually the result of which coins were placed into circulation and when and which issues were more prone to melting in the "silver rush" of the late 1970s. Reading Q. David Bowers' Encyclopedia of US Coins is a good resource for finding out all of the "condition r
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Cameo Lincoln Cents from the early 1950s

1952 PF66 CA Lincoln Cent Ahh...proof set "early years". Due to die preparation, there were not a large amount of cameo coins coming out of the US Mint in the early 1950s (and for the most part all the way up until the 1970s). As the dies wore down from continuous striking, the cameo characteristics became weaker, revealing a brilliant finish for most coins. These days, technology has improved the dies so most all proof coins coming out of the US Mint have ultra cameo characteristics. To
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Better submit soon

Proof Sets are Coming If I were going to submit some coins for grading at Economy, I would submit them sooner rather than later. I see a trend of when the US Mint releases products, the grading services get bogged down grading mass quantities from the cable networks' TV sales. This is probably what is going on now with the 2007 silver eagles. The Mint is releasing the 2007 proof sets in May and that will be another load of coins to grade. My guess is that if someone submits 1000 proof sets
Larz13

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Question of Authentication

1933 Double Eagle After reading serveral articles on the material about the 10 rougue 1933 $20 Saint Gaudens Double Eagles that were found in a safety deposit box years after an alleged criminal passed away, it lead me to one question that I keep asking myself. Why did the heirs go to the US Mint to get them authenticated and why also did they leave the coins with the Mint, which for its part said "Thank you" and is keeping the coins that they claim were stolen (OK....improperly taken) in the
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TPG as it relates to Proof Coins

1936-1942 My Experiences It has been my experience that other TPGs are not "up-to-snuff" with NGC and PCGS in the grading of proof coins, specifically the early issues from 1936-1942. I have purchased several of these proof coins in what I call "rogue" holders and there are some bargains out there for the astute collector. I have yet to find an ANACS, PCI, CCGS, UNC (I have not purchased any ICG) holdered coins that have crossed into the same grade and/or designation as NGC. It is my exper
Larz13

Larz13

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Interesting predicament

Dual ownership? I recently purchased a certified NGC coin and when I went to enter it into my registry set, I received a message that the coin was still in another member's set and that they would contact this person immediately. Well I have to coin in my possession so whomever the previous owner is, please remove it. Has this happened to anyone else? 1941 PF68
Larz13

Larz13

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