NGC Registry

NAA Franklin Half Collection


Category: Half Dollars
Set Type: Franklin Half Dollars, 1950-1963, Proof Issue
Owner: NAA
Last Modified: 6/20/2019
Views: 11882
Filter Rankings: All Coins |  NGC Coins

Rank: 3
Score: 93545
Leading by: 8503
Points to Higher Rank: 532
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Set Description:

June 15, 2017


PREFACE:

UPDATING MY NARRATIVE FROM 3 YEARS AGO, MAY 26, 2014....

Major revisions, noval approach, differentiating ngc/pcg/cac pop's: NEW POPULATION TRENDS, 3 YR COMPARISONS. NEW NGC REGISTRY RULES that began Jan. 1, 2017--Implications? These variables will be delineated/incorporated within the context of ngc/pcgs/cac/+*coin pop's noted in my collection. I hope this presentation is NOT too detailed when comparing, 3 year pop. changes. Even though I am in retirement mode, I worked in an environment..crunching numbers. This report emphasizes crunching numbers &, drawing certain logical conclusions from this type of analysis. Isn't it a great idea to "exercise your brain?" However, it is understandable that some people might find this approach...too complicated. If you have patience to try to understand this presentation, you might, appreciate/understand it's content. If numbers are not your "cup of tea," you still can learn a lot by--reviewing general conceptual Franklin Proof Issues, interspersed throughout this narrative, easily noted by subject area.

To begin with, many thanks to R&I Coins/Rick Tomaska. Without his assistance, most of these high level, franklin ultra cameos would not have been acquired, since he is the leading expert in franklin half cameos & other proofs. He has written several books in this area, including his first book that describes top proof dies by photos & designated die numbers.

The Franklin Proof Series is very popular to collect, as noted by the number of franklin proof registry sets @ NGC. Rarity/PQ quality status from the '50--'63 period can really be appreciated when considering obstacles for high grade/cameo/deep/ultra cameo status, including:

Quality control production issues related to stamp die design/prep flaws, increased striation, glue spots, shallow mirrors, frost break cameo intensity issues obv/rev, poor packaging design in the early '50's, late '50's + early 60's not much better, milk spotting '58 thru '63. Ultimately, the U.S. MINT upgraded their production standards, from the mid 70's onward. For these modern coins, better quality control standards incorporating more efficient tool/die processes...proof coins in this latter period were housed in better holders, die procedures were more efficient...hence, coins in this era were graded @ higher levels, including proof 70.

WHAT IS THE MEANING OF....COLLECTING FRANKIES??

It has been a 'GREAT RIDE GETTING THERE"...it requires an "INTENSE PASSION TO GET THERE" &, of course a "FEW BUCKS!" Been an avid collector in the franklin proof series since 2004...reviewing weekly pop. reports, R&I Coins, heritage, ebay, teletrade/great collections, legends...it has been a way of life...a challenge and rewarding experience, one can have great pride reaching their personalized goal. Whether it is a proof collection, cameo, ultra cameo, star/plus, special varieties...all are great collecting! The '50's a nostalgia time for us "baby-boomin' yuppies," when a 50 cent piece meant a lot of money on a "small allowance, bringin" back good memories as a kid. Over the years, I have met some great fellow collectors on-line and have enjoyed our common interests/discussions.

ULTIMATE GOALS:

As far as new goals to acquire new coins...there are only a few higher date/grades.. left to pursue, these dates are NOT CAC certified.....

Regarding MY MAIN OBJECTIVE/PREFERENCE...MISSION
ACCOMPLISHED!! ......A PREDOMINANT CAC CERTIFIED COLLECTION @ THE HIGHEST LEVELS+TOP DIE/EVEREST ENDORSEMENT FROM RICK TOMASKA (R&I COINS). For all intensive purposes, the highest cac cert. goal for the majority of the set has been attained, a unique distinction that does not exist @ either the pcgs/ngc registers. This highest CAC certification attainment strategy, precludes higher point status to a permanent #1 ngc ranking, since all of these higher top pop. dates ( minimal #) are not yet...CAC'd.

INHERENT FEATURES OF COLLECTION:

A UNIQUE-HIGHEST CALIBER-FRANKLIN HALF PROOF REGISTRY SET: HIGHEST CAC certifications for 10/15 dates, except 1 cac coin... a '51 ult 67, a close second to a 67+DC "Ocean" coin... cac'd. @ the pcgs register...REALIZED $82,500 @ the 6/17.. Heritage auction, many prices of other franklin proof rarities that day... WENT THRU THE ROOF!!!....

INTERESTING SIDE NOTE : Initially, the '51 DC 67+ coin started out as a ult 66, in 2011, as noted by Rick Tomaska (citation ref: heritage auction.. 6/17 consignment commentary)...

Re: The other 5 top pop dates noted in MY COLLECTION... '55, '57, '60 & '62 ult 69 + '56 type 1 69 cameo dates are not cac'd @ that level....these dates are cac'd @ the second tier (ST) 68 level. All my dates are Everest designated, all ultra+, except one &, of course there are a few cameos. Re: 11 cac certifications, 9/15 dates are ultra cameos, most ultra plus...top dies, as illustrated in Rick Tomaska's first book. The other 2 dates cac'd are cameo top populations (TP) including the key '50 '68 cameo date combo pcgs/ngc top pop of 2. The 11/15 dates noted are TOP POP CAC coins...in the series, utilizing alternate CAC INVENTORY, a '57 69* cac cameo & '56 DC 69 type 2 69 cac date. So in reality there are 17 coins in my registry set.

UNIQUE CAC CHARACTER OF COLLECTION:

CAC certification, independent party certification of PQ coins:

SUPRISING FACT: Even though several PCGS/NGC franklin half proofs are obviously cac'd, most pcgs/ngc coins at these highest levels are NOT cac'd after 10 years since CAC inception, 425/468 Current: (91%) &, 3 years prior 315/342 (92%), non-cac'd. In either case, non-cac'd ratios @ pcgs/ngc are about 50/50. CAC pop increase in 3 yrs negligible @ only 1%.

Another CAC research calculation:

In an attempt to delineate pcgs from ngc CAC COINS, one has to confirm the entire CAC population re: coins @ issue, 43 cac coins@ these highest pop levels, including confirmation of cac coins...in my collection (a total of 11 coins, 1 coin a pcgs...a '56 DC 69, balance are ngc coins). With this information, I can separate pcgs/cac coins from ngc/cac coins, then....

DETERMINE THE PERCENTAGE OF ALL NGC/CAC COINS that are IN MY COLLECTION. To determine this percentage, I had to crossreference various outside sources including, pcgs/ngc registries/internet sites including ngc explorer/pcgs coinfacts. I calculated a CAC confirmation rate of 84% (36/43) coins. Re: the other 7/43 cac coins that I could NOT confirmed as CAC, most are likely pcgs coins. These unreconciled 7 coins that increased in the ngc/pcgs pop's over the last 3 years....included the '53 dc 67's, '54 dc 68's. CONCLUSION: IT SEEMS HIGHLY PROBABLE, THAT NGC COINS AS CAC POP'S OF 1 ARE INDICATED EVERY YEAR IN MY GROUPING (8) EXCEPT THE '51 AND '58- DATES---WHERE IT IS A GIVEN, THAT NGC/CAC POP'S OF 2 ARE CONFIRMED....A SURPRISING FACT, TO SAY THE LEAST... For '53 DC 67'S, '54 DC 68'S, '56 dc 69's, 2/7, 4/7 &, 1/4 are unaccounted. The proposed fact of having the only NGC/CAC coin for 8 out of 10 dates may not be that surprising....since it is also a given....that 3 out of 10 dates in my collection have ngc+cac pop's of 1.

If we accept the notion that the other 7 coins in the preceding paragraph are all pcgs coins &, if we utilize highest pcgs/ngc pop./grades incorporated within my set...the following statistical conclusion can be extrapolated: 9% of these coins are cac'd (91% non-cac'd, prev. cited), an approximate 70/30 ratio for pcgs/ngc coins can be established (ngc% of total cac'd 12/468, pcg% 31/468), resulting in a cac/certification rate @ pcgs of 6.5% and @ ngc 2.5%. Re: the 2.5% component: 10 of these 12 ngc/cac'd coins are in my set! These percentages would probably not be much different, even if I could find a few more ngc coins....hitting the cac pop. report.

The pcgs/ngc cac percentage rates of 6.5 %and 2.5% noted in the preceding paragraph would probably be DOUBLE, IF the '56 ult/dc 69 pop of 175/468 was deducted from the total population, perhaps...because this larger proportional number was not a...representational yearly, average from the '50-'63 dates....It may be impacting/skewing the statistical percentages..

TO SUMMARIZE: 11 CAC DATES, noted in the NAA FRANKLIN HALF COLLECTION: 3 top dates have cac top combo pcgs/ngc pop's of 1...including the '57 69* cameo, '61 & '63 ult 69; the '50 68 cameo TP of 2 has only 1 cac coin; 2 ST (SECONDARY TIER) cac coins have cac pop's of 2 with highest cac pop's due to + & or * including: '52 ult/dc 66+ & '58 ult 68*; 1 TP (TOP TIER) @ NGC has cac pop of 2...the '59 ult/dc 67 date/grade; 2 other dates have highest cac pop's of 3-4 include the following: '51 DC 67+ & '56 dc 69. As prev. cited, my '51 ult 67 a close second, tied with another NGC registrant. The last 2 dates, '53 ult/dc 67 & '54 ult/dc 68 have highest CAC levels, cac pop's of 7 and 11, about 25% cac'd utilizing combined pcgs/ngc grades.

AS FAR AS WHAT HAS ENTERED THE PCGS/NGC POPULATIONS OVER THE LAST 3 YEARS:

A few super coins have entered new pgs/ngc pop's recently...including a '50 68 cameo & 69* ngc proof & '53 DC 68. RECENTLY, 3 '50 ult 66's (+2) have entered the ngc pop, a '51 DC 67+cac, (2) '55 ULT/DC 68+& '58 ult 68+. A few '50 67+ cameo coins have entered the pop's, 2 @ PCGS, 1 @ ngc, a '50 68 proof just entered the pcgs pop report.

Interesting that the following ngc coins have not been included in any ngc registry set: 1 '50 69 *proof, 1 '50 68 cameo, 1 '50 ult 66+, 2 '50 ult 67's, &, 1 '52 ult '67 &,...all of these coins non-cac'd.


ANALYSIS OF NGC/PCGS POP TRENDS LAST 3 YEARS..HOW HAVE THEY CHANGED IN THE LAST 3 YEARS???

Categorize two types of pop. increases, 4 and under & higher than...4.


POP INCREASES 4 OR LESS, 3 YR COMPARISONS, PCG/NGC ....UTILIZED DATES/GRADES FROM MY REGISTRY SET TP/ST (top pop/secondary tier) GRADE

The pcgs pop increases of 1 in a 3 year period include the '51 dc 67, &, '59 dc 67. The ngc pop increases of 1 include the '50 68 cameo, '51 ult 67, '60 ult 69 and '61 ult 69. PCGS pop increases of 2 include the '53 DC 67 &, '57 dc 69. @ NGC pop increases of 2 include the '52 ult 66 and '57 ult 69. Total pop increases pcgs/ngc for coins under 8@ ngc and 6 @ pcgs.

Analysis under 4 category: Very little changes pcgs/ngc increases 4 or less, dates/grade noted in my collection: 3 yr comparisons..1 or 2 pop increases.

TOTAL CURRENT POP PCGS/NGC COINS, delineated... 4 & UNDER pop incr category... by date/grade (TP/ST), noted in my collection::

'50 TP 2 ngc
'51 TP 6ngc/2pcgs 1 + pcgs
'52 ST 8ngc/8pcgs 2 +ngc/pcgs
'55 TP 2ngc
'57 TP 5ngc/4pcgs
'59 TP 7ngc/7pcgs
'60 TP 6ngc/10pcgs
'61 TP 6ngc/1pcgs


RE: Specified dates/grades in my collection, where pop's have increased 5 & higher....

Here are pcgs/ngc pop increases for 3 yr comparisons, by date: '56 DC/ULT 69...35/13; '53 DC/ULT 67...2/1; '54 DC/ULT 68...9/1;'58 DC/ULT 68...7/2; '62 DC/ULT 69...6/9; '63 DC/ULT 69 3/6


TOTAL CURRENT POP PCGS/NGC--- 5 & OVER-CATEGORY---, coins delineated by date/grades (tp/st) IN MY COLLECTION:

'53 ST 6ngc/15pcgs
'54 TP 11ngc/14pcgs
'56 TP 101ngc/74pcgs
'58 ST 14ngc/28pcgs 2* & 1+ngc
'62 TP 35ngc/18pcgs
'63 TP 14ngc/20pcgs

Total increases:

4 &, under: pcgs/ngc 6 8
5 &, over: pcgs/ngc 62 32

Grand total 68 40

Analysis over 4 category:

In the last 3 years...within my highest CURRENT dates/grades ...higher populations increases @ PCGS VS NGC....68 VS 40. Most of the increases @ pcgs were with the '54, '56 dc and '58 date. Most of the increases @ NGC were with the '56 , '62 and '63 ult 69 date.

Otherwise, with all other dates....under the 4 pop increase categories, pop changes 1 or 2.

PCGS certifications increasing @ a faster rate than NGC......New Trend? If pcgs pop certifications continue at a higher pop rate increase--when compared to ngc, pop's in my set....this...may ultimately impact higher premium valuations, since only ngc coins are allowed @ negistry registry site.


NOW, LETS LOOK@ HOW CAC POPULATIONS IN MY COLLECTION HAVE CHANGED IN 3 YEARS.......

CAC pop's in my collection...by TP/ST grade...delineated, utilizing the following ratio,comparing 3 years prior to current:

Total pcgs+ngc coins cac'd by designated grade/pcgs+ngc total pop by designated grade (ratio ref: below)### (3 yr prior) to # (current), 3 yr comparison to current & important abbreviation grid detail,, further below ****

3 yr prior & current

'50 68camcacTP### 1/1 # 1/2
'51ult/dc67cacTP 2/6 3/8
'52ult/dc66+cacST 4/12 5/15
'53ult/dc67cacST 4/18 7/21
'54ult/dc68cacTP 2/15 7/25
'55ult69 TP 0/2 0/2
'56ult/DC69cacTP 4/127 4/175
'56type1cam 69TP 0/9 0/15
'57 69*cameocacTP 1/27 1/39
'58 ult/dc68*cacST 6/33 11/42
'59 ult/dc67cac 1/13 2/14
'60 ult/dc 69 TP 0/10 0/16
'61 ult/dc 69cacTP 1/6 1/7
'62 ULT/DC 69 TP 0/38 0/53
'63 ULT/DC 69cacTP 1/25 1/34

Alternate Coins I have utilized for CAC purposes:

1956 DC 69 cac TP 2179988 (alternated coin), a '56 ult 69 in ngc coin slot.

1957 69*cameo cac (alternate coin) replaced with recent acquisition: 1957 ult 69 TP 2692355-006, IN NGC COIN SLOT, recent acquisition '57 ult 69 pop incr. from 0/5 to 0/9, 2 ngc/2pcgs coins.


TOTALS: 27/342 3 YR AGO VS. NOW: 43/468

7.9%....... CAC CERT. 3 YEARS PRIOR.

9.2%...CAC CERTIFICATION, CURRENT...

CONCLUSION: SLIGHT 3 YEAR INCREASE IN CAC CERTIFICATIONS RE: GRADE GROUPINGS...

.....43 total Cac POPULATION....Certified coins (in the universe) from these TP & ST--designated grades..in my set...11 of these coins (different dates) are in my collection. All dates with @ least 1 coin indicate that I have a TP/ST cac coin, correlated to my TP & ST designated grades in my set.

CAC began operations in late 2007.

FOOTNOTES RE: REGISTRY SET NOTED ABOVE:

****Abbreviation Grid Detail.......

TP=TOP POP
ST=SECONDARY TIER
ULT=ULTRA CAMEO=NGC
DC=DEEP CAMEO=PCGS

Distinct number ####IN THE NAA FRANKLIN HALF COLL:

11/43 (11 Dates =11 coins, as previously cited above) 25.6% of all CAC certifications for these yrs/grades are in the NAA FRANKLIN HALF COLLECTION. 3 yrs ago this number was @ 40%. My CAC percentage is down...but, keep in mind, the logistics of a max. of 15 coins in a set, preclude a higher percentage number.

Why evaluate these 3 year pop. trends?

You have to start somewhere to see where potential valuations are heading. With the 3 year adjustments incorporated to total pcgs/ngc/cac totals...WE CAN GO BACK EVEN FURTHER...25/25/10 years, respectively to pcgs/ngc/cac certification--inception dates....perhaps WE CAN SEPARATE THE "TREES FROM THE FOREST, FIGURE OUT THE BIG PICTURE?" By looking @ how things have been trending---since Day 1...that is important...but also consider....i.e. demographics, recession, actual demand specifics for buying/selling on the PCGS/NGC REGISTRIES, the Q. David Bower relative/rarity ranking scale...discussed further below in this report+ rarity/eye-appeal/trends that are reflected in +* & cac certifications.

Specific/current issues...impacting valuation:

The point valuation @ NGC was RECENTLY...totally reevaluated, an important variable in determine FMV. The high TP proofs '50-'53 point valuations were increased dramatically, encroaching cameo point evaluations for those same years. The '54 ult 68, along with the '57 69 cameo point totals, probably decreased due to pop. increases. Major point valuations were dramatically increased for the '50 69* ngc proof,'50 68 cameo, '51 ult 67, '57 ult 69. Surprisingly, the '55 ult 69, '58 ult 69 and '59 ult 67 point valuations remained the same. I thought their point valuations would be increased somewhat due to their limited/stable low pop. numbers.

NGC TP's & +* grade levels WITHOUT coin in slot/pop...have NOT yet been tested thru actual, realized $ sale, the coins at these highest levels, do not yet....exist. These highest ULT grades seem rather compressed when compared to current highest TP coins that do exist. Hopefully this disparity/inequity will be resolved when new coins enter the NGC population report. Citing examples, refer to the '56 type I ultra 69 grade point valuation &,+* designations for the '51 & '52 TP ult 67's....There is only a few hundred point increase from '56 type 1 ult 68 to ult 69 &, '51/'52 ult 67 to 67 * or +. Perhaps there is minimal ngc point increases. Why? Because no coin exists in these designated slots...to reflect actual F/M/V, actual sales. A type 1 '56 with a proof mintage of 25,000 est...half of a '50 proof mintage...lowest mintage in the series...has a 6,000 pt. valuation for a ST, ultra 68, ngc TP of 1 &, a ult 69 that does not exist, only adds another 600 points @ 6,600. Most higher end TP ultra top dates are @ the 10 to 11,000 ngc point level. Perhaps the point valuations of the type 1 ultra and +&* ST & TP highest levels...are slightly out of alignment, awaiting actual, realized transaction sales to determine proper ngc point assessment???...

An interesting benchmark ngc pricing for the '50 69* proof @ $62,500 is RECENTLY noted...placing major DOLLAR $$$ increases for the '50 key date, a '50 68 proof recently sold for over $30,000 @ retail. The '51 ult 67 ALSO has had major price increases recently from the $11,000 to $30,000 level. Any +* coins with major eye appeal are hitting new record prices, these populations are very small & never seem to change, it is a rare occurrence for these type of graded coins to hit the ngc pop's. A matter of fact, there is still no combo +*ult coins in the ngc population report. CAC SALE OF COINS @ these highest levels, has not yet been tested/actualized. Perhaps, unique CAC pop's that have NOT increased, add intrinsic valuation, especially when we add the newly added, unique NGC slot requirement...to qualify for NGC REGISTRY ENTRY.....

The recent change, GOING FORWARD (Jan 1, 2017)..a policy EXCLUDING PCGS coins in the NGC REGISTRY may add intrinsic value to NGC CAC COINS. For example, a '53 ult 67 cac pop of 1 out of total gen pop of 6 @ngc vs. a pcgs total gen. pop of 15...One can logically conclude: only 1 cac coin at ngc with a much lower gen. pop. than pcgs....this should add intrinsic value @the ngc registry.


What about a '56 DC 69 cac coin where stable cac pop's of 4 &, gen pcgs pops. increased from 39 to 74 in the last 3 years..?? This type of issue reflects the point, that gen pop's at pcgs/ngc may be rising faster than cac pop's, an added intrinsic variable?

Another scenario: What about a '63 ult 69 coin with a cac pop of 1, while total gen. pop. pcgs/ngc increases in last 3 years changed from 25 to 34? Implications re: rarity/valuation?


Ranking Frankie Proof Rarity/Conditional Rarity:

Combined TP pop's of one, have decreased to ONLY 2 coins in the entire franklin series: '50 69* proof &, '59 69 DC 69.... HIGHEST ULT NGC TP pop's of 1 include: '52 ult 67, '53 ult 68, '56 type 1 ult 68, & '63 ult 69* star (only ult 69 @ that level). HIGHEST PCGS DC TP's of 1 include: '50 66 DC, '52 DC 67,'53 68 DC, '59 DC 69 & high value/key date '50 pcgs proof 68. Unique ult/TP pop's of 2 @ NGC INCLUDE: '50 ULT 67--HIGHEST KEY DATE/GRADE, '55 ULT 69 AND '58 ULT 69 (TP 3). Unique DC TP pop's of 2 @ PCGS INCLUDE: '51 DC 67 & 67+. &, let's not forget key date '50 '68 cameo TP of 2.

The highest point valuations ranked @ NGC '50 ult 67, '53 ULT 68, '50 69* PROOF, '50 ULT 66+, and FINALLY, '50 68 CAMEO.

Other Valuation Issues:

Over time, pop's increase with MOST EVERY COIN TYPE. The issue that needs to be determined is: Can one identify which pop's are NOT increasing? &, if the pop. is increasing---How does this pop. increase correlate to Q David Bowers Universal Rarity Scale & other important variables that add premium valuations. ## NOTED BELOW? Will this still translate into higher dollars for your investment?

i.e. Absolute/conditional rarity standards (Universal Rarity Scale developed by ####Q. David Bowers/Rick Tomaska--cvi rarity index scale), TOP POP, SECONDARY TIER, etc., # of coins in that pop.

Other intrinsic variables that IMPACT VALUE: CAC/EVEREST standards: +* indications, top die intensity; & establishment of a goal that strives for: problem free/eye-appealing coins.

####Re: Q. David Bowers, Universal Scale. Lowest pop's are much more sensitive to absolute rarity standard (i.e. pop of 1, 2, 4 vs a pop of 75 & 125). Two different coins with a pop of 75 & 125 may be rated @ the same rarity level, while a pop of 2 is obviously much rarer than a pop of 10. Rarity classifications have lower pop.spreads at the lowest levels, thereby, having greater impact on rarity standards that are EITHER absolute OR conditional. Absolute rarity relates to low mintage, while conditional rarity relates to extreme rarity @ highest certified grades.

Variables that enhance a strong sale:

Seller should establish a minimum reserve@ auction houses.

Obviously, seller that has PQ coins, should stand firm, & avoid buyers that are not highly motivated to buy, those that are "looking for a bargain."

Important correlation: higher registry point valuation/ranking for key dates--equates to higher pricing &,

Low top pop's @ either pcgs/ngc should translate to higher dollar pricing due to their unique pop. numbers. Strictly pcgs/ngc franklin proof collectors are impacted by this situation, previously cited.

Re: PQ rare coins that are in franklin top pop's" recent history indicates there has been major price increases...pop's for the most part have been stable &, sellers at these levels have been "limited."

Prices are more closely monitored through pcgs/ngc/Heritage auctions. More efficient PC tools can now be utilized to evaluate historical track records.

As far as the track record of franklin proof ult/dc top pop's:

The logistics on how/why these ullt/dc's have extreme limited production numbers at the US mint adds credence to their absolute/conditional rarity standards.

To Illustrate further:

Higher premium valuations are accelerating, as noted with the '50 68 proof (pop of 3 @ ngc. st., 1 @ pcgs..tp), a valuation that increased almost 4x..fold, from $8,000 to $30,000. TP/ST coins that include: CAC, +*, & Everest designations, PQ problem free coins are "gobbled up", potential sellers are holding on....

DO NOT COMPARE "APPLES TO ORANGES," OR SHOULD I SAY "LEMONS"!!

Beware of problem coins that develop after encapsulation---aggravated by contaminant issues. When these coins occasional hit the market, a down-bias on price valuations at be noted. Major price contrast can be seen for two coins in the same grade. The astute franklin half collector wil notice this distinction &, will not sell his/her problem-free coin at a "BARGAIN PRICE."

When evaluating imperfections noted on a coin--Hopefully the imperfection is subtle rather than obvious. A "non-obvious imperfection," will enhance grade level/eye appeal standards for the coin. Utilizing a halogen light in a dark room will pickup subtle hairlines when looking coins @ an angle.

One should obviously acquire "eye-appealing" coins, that have greater cameo intensity than the "average coin." The old cliché, "BUY THE COIN NOT THE HOLDER', easier said than done, a judgmental task that hopefully a "seasoned collector" can decipher. You probably should not rely totally on this cliché..even though ..we know there is always a judgmental call/personal preference. Generally, with all the different type of add-on certifications, "THE MORE THE MERRIER" (i.e. PQ, ultra + & eye-appeal, +*, CAC). It is obvious, correlations can be found utilizing this perspective: i.e. all 3 pcgs '50 67+ cameos + 1 '50 67+*, + another ngc '50 67* cameo are all CAC'D. There is a total combined pcgs/ngc 67 cameo pop of 38 within that ST grade...only 12/38 of these coins are CAC'D, 5 0f those 12 CAC'D coins are + or * or combo +* coins. Coincidental? Doubt it!

Add--other indirect variables to valuation by date.

Ranking lowest ult/dc total pop's by year. ie '56 type 1, '50, '59, 52, '51..

Lowest proof mintage pop's in the early years, '50 to '52--adding credence--very few---will be certified in the future? Is the "well dry," after 25 years of pcgs/ngc certifications?

Other unique variables that add rarity, noted by year: '50 date--many have shallow mirrors, hairlines & glue spots from the packaging; later years ('58-62) many have milk spots/hairlines; & reverse ult/dc's are not strong enough for ult/dc standards ('50, '52, '57, '59, '61).

Top Dies (ULTRA/dc+plus), most have been illustrated/categorized in Rick Tomaska's first book on Cameos.

&, FINALLY:

Add POOR PACKAGE DESIGN ('50 thru mid '55 period), meltdown rarity impact due to silver meltdown in the 80's, & premature die wear issues impacting frequency/quality for ult/dc cameos--('57 thru '59).

CONCLUSION:

The pop's/valuation/trends noted above, only tells part of the story about Numismatic Franklins.

The real story: enjoy/learn the process of collecting the franklin ult-dc/cameo/proofs--appreciating the intrinsic value of reaching your goal!
 Slot DescriptionGradeServiceScore
View Coin 1950 PF 68 CAMEO NGC 9234
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View Coin 1956 Type 1 PF 69 CAMEO NGC 4694
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View Coin 1956 Type 2 PF 69 ULTRA CAMEO NGC 3216
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View Coin 1957 PF 69 ULTRA CAMEO NGC 7317
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View Coin 1958 PF 68 ULTRA CAMEO NGC 5620
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View Coin 1959 PF 67 ULTRA CAMEO NGC 5158
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View Coin 1960 PF 69 ULTRA CAMEO NGC 7077
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View Coin 1962 PF 69 ULTRA CAMEO NGC 3817
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View Coin 1963 PF 69 ULTRA CAMEO NGC 5158
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