Coin value estimate 1949s fbl pl half

[JIM F.]

Looking for value estimates...I am not looking to sell or asking for offers...just value estimates.  Coin is 1949-S NGC MS-65 FBL PL CAC Franklin half dollar.  I know the PL is thinly traded so hope someone can give me an idea on current market value without directing me to another website. Thanks.

[World Colonial]

I suspect you are going to have a hard time getting a good estimate on this coin.  There can't be many which simultaneously are FBL, PL and with a CAC sticker.  My initial suggestion was to look on Heritage which is where I always start for all US coins other than most NCLT and lower priced US classics and circulating moderns, but I suspect you aren't going to find a prior sale there either.

[JIM F.]

If it helps. The ngc lookup is 705678-001. This shows my coin.

Thank you. The CAC was added and is a green CAC.

[WoodenJefferson]

Some where between MS-65+ FBL  $675 and MS-66+ FBL $1900
$1287 is mid-point, resonable.

[physics-fan3.14]

23 hours ago, jimbucks said:

Looking for value estimates...I am not looking to sell or asking for offers...just value estimates.  Coin is 1949-S NGC MS-65 FBL PL CAC Franklin half dollar.  I know the PL is thinly traded so hope someone can give me an idea on current market value without directing me to another website. Thanks.

Ah, yes, I'm familiar with your specimen. It has a characteristic struck-through-lint mark right under his chin, which provides quick and easy identification. I've seen this coin pop up several times over the years. 

For anyone interested, the OP's coin is linked here: https://www.ngccoin.com/certlookup/705678-001/65/

CAC means nothing on NGC PL FBL Franklins.... CAC uses the worthless PCGS description of FBL, and only looks at the bottom set of lines. CAC also offers no opinion on the status of PL. So, sure, your coin is an accurately graded 65 according to CAC.... which means nothing for this coin. 

I have owned 3 of the PL 49S Franklins over the years, and seen several others. There isn't really any other website or guide to refer you to.... 

I owned a 64 FBL PL that I bought in 2009 for $600, and sold in 2010 for $930. This was near the peak of the Franklin market, so prices have come down since then. 

The 65PL has sold most recently on Heritage for $350, and was then relisted several times on Ebay for $1100 without selling (somewhere around $600  is a fair value, I think). 

The 65PL FBL usually sells in the $1000 - $1500 range, depending on the quality of the mirrors, the eye appeal, and the strength of the strike. 

I bought my current 65+ FBL PL for $3k, which was a strong price in 2011 when I bought it, and the Franklin market has moved downwards since then. I'd get slaughtered if I tried to sell it. I estimate it is probably worth $2k today. 

So, I think your 65 FBL PL is probably worth $1250 or so, if I were to nail it down to a single number. 

[Just Bob]

And that, ladies and gents, is why Jason is the resident PL guru.

[numisport]

Rick Tomaska would be able to give true value as he has handled many if most of these coins.

Rick currently offering a NGC MS 64 PL 49-S with mirrors 'all there' but not FBL

[JIM F.]

"CAC means nothing on NGC PL FBL Franklins.... CAC uses the worthless PCGS description of FBL, and only looks at the bottom set of lines. CAC also offers no opinion on the status of PL. So, sure, your coin is an accurately graded 65 according to CAC.... which means nothing for this coin." 

This is interesting.  If the PCGS description of FBL is "worthless", does that mean that NGC certified FBL is a more stringent (and perhaps more valuable) than the PCGS FBL? 

 

[physics-fan3.14]

10 hours ago, jimbucks said:

"CAC means nothing on NGC PL FBL Franklins.... CAC uses the worthless PCGS description of FBL, and only looks at the bottom set of lines. CAC also offers no opinion on the status of PL. So, sure, your coin is an accurately graded 65 according to CAC.... which means nothing for this coin." 

This is interesting.  If the PCGS description of FBL is "worthless", does that mean that NGC certified FBL is a more stringent (and perhaps more valuable) than the PCGS FBL? 

 

Yes, definitely. PCGS and CAC only look at the bottom set of lines, NGC looks at both sets. There are many, many PCGS FBL that won't cross to NGC. Specialists prefer NGC designations. The same is true for nearly all strike designations - NGC is stricter, and thus more desirable. 

PCGS also does not designate PL on anything except Morgans (and a couple of other random things). NGC will designate any US or World coin as PL, if it deserves it. 

[coinman1794]

This coin sold for $2000 last time I had it on consignment, but it was a much lower pop back then. I think $1500-$1700 is fair, if the eye appeal is great and the mirrors are really there.

[JIM F.]

5 hours ago, coinman1794 said:

This coin sold for $2000 last time I had it on consignment, but it was a much lower pop back then. I think $1500-$1700 is fair, if the eye appeal is great and the mirrors are really there.

I very well could have been the buyer at that price and I may have bought it off of this coin forum.  If my recollection is correct I got the CAC later.  Appears the Franklin market has cooled off.

[coinman1794]

The price is lower because more coins have been graded. The market is strong, and Prooflike coins in particular, have been taking off in recent years.