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Why honor weak PCGS FBL standard?

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Sight unseen, if I were a FBL collector, I'd never buy a PCGS coin since I don't believe their FBL designation is worth ANY premium. I don't consider a Franklin with 4 of 7 bell lines to have complete bell lines and those that collect PCGS-standard FBL Franklins should really think about what they are paying extra money for.

 

sign-rantpost.gifThis issues forces me to ask the obvious question...With differing standards in place for the FBL designation between PCGS and NGC, why does the NGC registry give equal credit to PCGS coins? It would be interesting to remove the weaker PCGS FBL coins (give them credit for MS grade only) and see how all the rankings get revised. Just a thought.

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It's a good thought since they make a distinction with Jefferson nickels, assuming all PCGS graded coins are 5 FS. Makes sense to me.

 

Hoot

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