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involved "acid-dipping" the dies before they were polished. The solution used during the 1950 to 1970 period, a bath coincurrency 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, 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 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 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 coincurrency never been unwrapped. coincurrency 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 coincurrency 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 coincurrency 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!
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