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RuralRon's Blog

09 Jan 2022

trials and travails

Coins | RuralRon

Hello All,It has been quite a while since I have been on here so I thought it might be good to do an update.For about a year I worked on completing my Franklin collection. I cannot overstate the knowledge that I gained during that search. My initial intention was to collect all MS63 or better, blast white. It didnt take long to focus on ms65s. After innumerable hours of study and looking a pictures, I discovered that there is a great diversity in coins in any grade. Many had spots, ugly toning, poor strikes etc.Lots to evaluate in every coin! I immediately focused on the blast white coins since I dont know how to price the toned coins and those that arent ugly are ridiculously priced. That left me with ONLY having to look at strikes. As you may know the mint used the same master die from 1948 to 1959 when it was reworked and cleaned up. This caused deterioration in the master die over the years and makes it progressively interesting to find good strikes.I really worked at it but ended up with a circulated and proof collection that I am proud of. Some of these coins are pricier but I am stubborn. The whole experience caused a change in my attitude towards spending for an exceptional coin. That brings to my most recent purchase and the most expensive coin in my collection. I have always wanted a $10 Indian princess. I think it one of the most beautiful coins ever made. The corona virus has meant that I have been travelling less and spending less so I found that I had more money in the bank than I realized. Hello Princess! She is much prettier in person. Next stop a fugio?

Comments

CoinHunter

Level 5

Nice!

Kepi

Level 6

Congratulations on your Franklin set! Beautiful Indian Head! ; )

Longstrider

Level 6

Way to go on your Franklin set. You seem to have gained some good knowledge about them and coins in general. That Indian Head Princess is a beauty. I am a big fan of the auction house you got it from. Thanks.

It's Mokie

Level 6

that St Gaudens Eagle is certainly one of the most beautiful coins ever released by the US Mint. Must put one on my bucket list. Thanks for sharing your Franklin collecting experiences and showing us your wonderful new acquisition.

Long Beard

Level 5

You would be correct on the master hub, which explains the FBL difficulty in the mid to late 1950's. As for some costing you more, I myself have bought AU's at MS prices because the strike and appeal are much better. So you have a great strategy. Nice year on the Half-Eagle, excellent choice Sir!

$tarCollector

Level 4

Really amazing coin. What did you pay for it?

AC coin$

Level 6

Great coin Indian Head Eegles 1932 MS 64 nice collection . Thanks for sharing .

Golfer

Level 5

Congratulations on your Franklin set ! I have a Fugio purchased a year or two ago. Was a lower grade with no issues. Graded. Got it for a reasonable price. Franklin set in mostly untoned is nice. I don't understand seeing ugly toned crusty coins portrayed as nice? Buyer beware and buy what you like for sure. I am not buying a coin that looks like crust is growing on it, just because someone else labels it awesome toning?

coinsbygary

Level 5

I think those Indian Head Eagles have a sweet spot of MS-64 like yours. You get phenomenal luster with a limited number of contact marks. I ought to know because I have a 1932 MS-64 eagle like yours in my collection!

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