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NGC Franklins posted by CBC

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  • Member: Seasoned Veteran

Are all FBLs created equal?

 

Based on my Franklin collection, I believe the answer is "No". NGC seems to be much more strict in granting FBL status that PCGS is. I have read journals from several other collectors (WKF for one) that seem to support this.

 

I know my NGC FBLs seem to have stronger bel llines than most of my PCGS FBLs, and I believe several of my PCGS coins would not cross over to NGC with a FBL label. I decided to work on an all-NGC set of Franklins with the objective of completing all except the elusive 1953-S in at least MS-64FBL. My completed Franklin set is about 70% PCGS so I'm splitting the NGC and PCGS coins into two sets to concentrate on the NGC coins. Maybe I'll eventually fill the holes in eth PCGS set; maybe I'll sell the PCGS coins to generate funds to fill holes in other sets.

 

Here's my first NGC upgrade, a 1950-D NGC MS65 FBL. 21 more to go!

8900.jpg

 

See more journals by CBC

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When computerized grading is a reality, you and everyone else buying coins not holders will be the big winners.

 

PCGS holds the patent to a computerized grading system, and they're understandably not using it (except a form of it for their + grading, to electronically store the "DNA" of +-graded coins). It's only a matter of time before another computer-grading system is for sale to ALL collectors, and any Joe Schmoe could grade any coin with a cell phone photo.

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CBC, that is a nice Franklin, best of luck finishing the rest of the set.

 

Thane, Won't computerized grading still require some kind of scan of the coin surface???

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The answer is quite simple, and widely recognized among Franklin specialists: PCGS only uses the bottom set of lines to judge FBL, while NGC uses both sets. This means NGC is much stricter and harder to get, and will command a premium over PCGS graded coins. I personally will not buy PCGS graded FBL coins, unless I am dead certain it will cross to NGC and have inspected it in hand - their designation is completely worthless to me.

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The answer is quite simple, and widely recognized among Franklin specialists: PCGS only uses the bottom set of lines to judge FBL, while NGC uses both sets. This means NGC is much stricter and harder to get, and will command a premium over PCGS graded coins..

 

 

Thanks for that information, it's little things like that that make this Forum so valuable to collectors at every level.

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