tradedollars
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successive coin struck from one of these dies would exhibit somewhat less cameo contrast than the coin before. Eventually, the intense pressure of die on planchet would wear the devices to the same smooth, brilliant appearance as the surrounding fields of the coin. These subsequent coins, brilliant proofs, have no discernible contrast between the devices and fields. They are also far more common than the earlier cameo strikes. In recognition of the collector demand for these cameos, the mint began experimenting with sandblasting techniques in the early-mid 1970''s which helped create a much more intense cameo effect. They also began chromeplating the dies to give them added durability. As a result of these new techniques, proof dies today can strike many hundreds of exceptional "black & white" cameos before they begin to wear. What is somewhat astonishing, however, is that if one is patient, and fortunate, one can occasionally find cameos minted from the earlier 1950 to 1970 era that possess the intense cameo contrast, quality, and eye-appeal of these later proofs! These very early strikes, depending on the year, are obviously quite rare. When one also considers the inferior nature of the proof
opportunity to own the "ultimate". I recently sold a 1954 NGC Cameo PF 66 Lincoln cent, ultra-heavily contrasted, to a client for $400. No other series in U.S. numismatics today offer the collector so much quality, eye-appeal, and rarity, for so little money. If there is any doubt as to the rarity of a 1954 ultra-heavy cameo tradedollars Lincoln cent, go out and try to find another! Attend the next local coin tradedollars show. Attend the next ANA show, tradedollars the next FUN show (one of the two or three largest shows of the year). Good luck! You will find other U.S. coins of far lower quality, with far less appeal, that are far more common, for the same amount of money! You won''t find that 1954 cameo cent!There are many other dates and denominations in the cameo proof series tradedollars as undervalued as the 1954 cameo Lincoln. The series is loaded with "sleepers". The Special Mint Set coinage of the 1965 to 1967 period are sleepers, as is the 1950 ultra-heavy Cameo PF 65 Franklin (yes, even at $6500 - it is one of the great rarities of twentieth century coinage), 1951 ultra-heavy Cameo PF 65 Franklin, 1952 ultra-heavy Cameo PF 65 Franklin The most popular single market in U.S. numismatics today is unquestionably the silver dollar market. Yet,
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 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 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 tradedollars 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!
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tradedollars
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