The Poe Collection
1962-D


Obverse
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Reverse
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Coin Details

  

Set Details
Origin/Country:
Design Description:
Item Description:
Grade: NGC MS 64 FBL
Owner: physics-fan3.14
 
Winning Set: The Poe Collection
Date Added: 5/22/2008
Research: See NGC's Census Report for this Coin

Owner's Description

The 1962D is generally better struck than the 1961D, but still very difficult to locate. Tomaska estimates that no more than 10% of gems are FBL, and I think this estimate is probably generous. It really depends on how you define FBL – if, like me, you require both sets of lines to be full and bold, obviously FBLs are going to be much scarcer. However, since PCGS only uses the bottom set of lines, Full Bell Line coins are much easier to get there. It is not uncommon to there to be twice as many FBL coins graded at PCGS than non-FBL for any given date, whereas the ratio is considerably reversed at NGC. Differing standards play to differing collectors’ tastes and preferences, and obviously each TPG has carved out a section of the market for themselves. Tomaska is the most knowledgeable dealer and author in the Franklin series, and is aware of these issues. He was one of the people that convinced the TPGs to start designating FBL, after all. However, for my personal collection I tend to be a bit stricter than the average collector. Indeed, it is not uncommon for me to reject even an NGC FBL as being too softly struck. If a coin does not meet my standards, then I will say so! But I am always a bit more conservative than the norm, on most issues numismatic and otherwise. Taking a middle road average standard, then perhaps Tomaska is correct. <br /><br />Luster on the 1962D is average to good, water spots are an issue as always, and bagmarks are excessive. For some reason, the later date Franklins were abused much more than their earlier cousins, even though early date Denver minted issues were also roughly treated. For this reason, MS-65 coins in the later dates are very rare. Pleasingly toned coins are very scarce, although Tomaska says that a larger number of this date seems to have picked up a drab grey toning that is rather unattractive. <br /><br />My 1962D is a bright white coin with good luster and a great strike for this issue. I can tell that it is better struck than my 1961D – the bell lines are much crisper. They are actually pretty good for a later date FBL coin. There is some high point pitting on Franklin’s cheekbone, but what really holds this coin back is a large gash across the top of Franklin’s head. It looks like he was going in for some brain surgery! There is a considerable amount of die polish on the obverse, but I like die polish lines and find they add character to a coin. I got this coin for $20 on Ebay in April 2008. <br /><br />Entertainment in 1962:<br />1962 was a good year in film. <br />“Dr. No” launches the James Bond movie franchise, the longest running movie franchise in history. <br />“Lawrence of Arabia,” one of the best movies ever made, wins Best Picture and tops the box office.<br />How did they ever make a movie of “Lolita?” Stanley Kubrick brought Victor Nabokov’s masterpiece to the silver screen.<br />“To Kill a Mockingbird,” “The Music Man,” “The Man Who Shot Liberty Valance,” “The Manchurian Candidate,” and “The Longest Day” are all released.

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