statequarters
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of BU Franklins 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 statequarters 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. We submitted the 125+ nicest coins to PCGS and 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 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 struck to grade statequarters 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 a fraction of the Walking Liberty halves in gem condition, gem Franklins are currently priced well below the levels Walkers are currently selling at. Additionally, if one wishes to compare the populations of untoned, brilliant MS 65 Walkers to untoned, brilliant MS 65 Franklins, the 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 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 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, and the Liberty bell, statequarters eagle, and lettering on the reverse) would display a snow-white cameo effect that would stand in stark contrast to the deep-mirrored fields surrounding them. The flawless, jewel-like quality of the best statequarters 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 one''s fingernail, and were the first part of the die to wear. Each
think of! Let''s take a brief look at these five areas, and how cameo''s rate in relation to other U.S. coinage. There are few coins in numismatics as attractive as a cameo proof. While some may disagree with this statement, there is no disputing the opinions of literally thousands of collectors and statequarters dealers already familiar with this coinage. Proof coins themselves statequarters are minted specifically for collectors. statequarters As such, they have always represented the state-of-the-art in minting techniques. The mint has always gone to considerable trouble to produce these coins. Proof dies are highly polished and buffed until the surfaces possess a mirror-like perfection. Planchets go through extra steps in their preparation, until they too possess a brighter, satiny appearance. Traditionally, proof planchets have been hand-fed into the die, and have always been double struck, under higher pressures than business strikes, statequarters to bring out every possible detail. Once struck, statequarters the coins are handled individually so as not to abrade with other coins, as business strikes normally would. Cameo proofs were the very earliest strikes off new proof dies. During certain periods in the history of the mint, statequarters part of the die preparation process
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statequarters
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