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devoted to it. Here is one final, very important similarly between the Morgan dollar series and the Cameo Proof series: In grading prooflike Morgan dollars, the two largest grading services in the nation, PCGS (Professional Coin Grading Service) and NGC (Numismatic Guaranty Corporation), offer two grades dansco of prooflike for that series - "DMPL" (Deep Mirror Prooflike) - for the very earliest strikes supreme off the business die, and a simple "PL" (Prooflike) - for the slightly later strikes. PCGS and NGC now offer a similar delineation album and dansco for all proof coinage from the 1950 to 1970 era. supreme As of early February, 1992, PCGS offers two cameo designations for early strike cameo proofs - "DCAM" (Deep Cameo - roughly equivalent to what we refer to as "ultra-heavy") - for those cameo proofs which were the very earliest strikes off the proof die, with the heaviest contrast, and a simple "CAM" (Cameo) designation for those coins which were slightly later strikes, album but which still possess significant cameo dansco contrast. NGC instituted their own two-tier system similar to PCGS'' in the spring of 1995. With PCGS and NGC now involved, novices will for the first time have their coins recognized by the most widely used grading service in
of BU Franklins supreme I acquired, 100 rolls of 1963-D''s, a total of 2,000 coins, resulted in financial disaster for me and my partner. Oh, the bag quantity was original all right. All the rolls were in their original bank-wrappings, and had obviously never been unwrapped. The coins in these rolls were beautiful, bright blazers. album We submitted dansco the 125+ nicest coins to PCGS and supreme NGC for grading, figuring if we got 40 or 50 MS 65''s we''d make a profit. The result? 5 MS 65''s!! The rest graded either MS 64 or MS 63. Why? The majority had a couple album too many bag marks (a common problem with BU Franklins), or had a bit too much pitting on the high-points of the devices (another common problem with BU Franklins), or were too softly dansco struck to grade MS 65 (another common problem with BU Franklins, or finally, had some very light hairline scratches, the result of having passed through a coin counter! By comparison, a single roll of late date Walking Liberty half dollars would likely have more gems among the 20 coins than the 1963-D Franklins did among the 2,000. Despite having populations supreme a fraction of the Walking Liberty halves in gem condition, gem Franklins album and dansco are currently priced well below the levels Walkers are currently selling at. Additionally, if one wishes to compare the populations of untoned, brilliant supreme MS 65 Walkers to untoned, brilliant MS 65 Franklins, the album population differences are even more striking in favor of the Franklins!
involved "acid-dipping" the dies before they were polished. The solution used during the 1950 to 1970 period, a bath consisting of 5% nitric acid/95% water, was used to create an acid-etched dansco appearance on the die. When the die was subsequently polished and buffed, the recessed portions of the die, the devices, retained their acid-etched cameo. The very first strikes off one of these new dies would possess a gorgeous, intense supreme cameo effect very similar in quality to the proofs minted today. The raised portions of these early strikes, the devices (on the Franklin half, these would be the bust of Franklin, the lettering, and date on the obverse, album and the Liberty bell, eagle, and lettering on the reverse) would display a snow-white cameo effect that would stand in stark contrast to the deep-mirrored fields dansco surrounding them. supreme The flawless, jewel-like quality of the best of these cameos almost look like works of art rather than mere coins! Indeed, to most collectors, these coins are works of art! The frosted devices of these early cameo dies were quite delicate - one could easily scratch a bit of frost from the die with album one''s fingernail, and were the first part of the die to wear. Each
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