@Walkerfan said: @oreville You’re smart to hold tight. It’s likely the finest 1921P on the planet. We have
I was lucky enough to view in-person the entire Jack Lee collection of walkers in 1997 when he finally decided to sell the entire set off. The 1921 was far and away the best of his coins even nicer than his MS-68 late date walkers. This was 10 years BEFORE JA started CAC, this was the one coin he owned that I felt was a lifetime keeper.
One thing I was good at….. grading walkers. Funny as I cannot grade Franklin halves to save my life!
The last Baltimore show I attended in November 2022, I plucked a 1938 walker in PCGS OGH slab graded MS-63 at a reasonable price off the bourse floor, submitted it to CAC for a gold sticker.
Yeah a lot of these prices lately are absolutely through the goshdarn roof.. I haven't seen them this high in a while. Let's hope PM's correct soon so we can see at least the US Mint lower their darn premiums...
@Walkerfan said: @oreville You’re smart to hold tight. It’s likely the finest 1921P on the planet. We have
I was lucky enough to view in-person the entire Jack Lee collection of walkers in 1997 when he finally decided to sell the entire set off. The 1921 was far and away the best of his coins even nicer than his MS-68 late date walkers. This was 10 years BEFORE JA started CAC, this was the one coin he owned that I felt was a lifetime keeper.
One thing I was good at….. grading walkers. Funny as I cannot grade Franklin halves to save my life!
The last Baltimore show I attended in November 2022, I plucked a 1938 walker in PCGS OGH slab graded MS-63 at a reasonable price off the bourse floor, submitted it to CAC for a gold sticker.
Franklin Half Dollars are hard to grade because there are no general markers like “LIBERTY” to get you started and the portrait has very little detail in Mint State. A lot depends on surfaces which is a difficult skill to develop as a grader.
I have trouble with Standing Liberty Quarters. I am consistently too conservative, at least compared to the professional graders, with the low end AU and EF grades.
Retired dealer and avid collector of U.S. type coins, 19th century presidential campaign medalets and selected medals. In recent years I have been working on a set of British coins - at least one coin from each king or queen who issued pieces that are collectible. I am also collecting at least one coin for each Roman emperor from Julius Caesar to ... ?
@Walkerfan said: @oreville You’re smart to hold tight. It’s likely the finest 1921P on the planet. We have
I was lucky enough to view in-person the entire Jack Lee collection of walkers in 1997 when he finally decided to sell the entire set off. The 1921 was far and away the best of his coins even nicer than his MS-68 late date walkers. This was 10 years BEFORE JA started CAC, this was the one coin he owned that I felt was a lifetime keeper.
One thing I was good at….. grading walkers. Funny as I cannot grade Franklin halves to save my life!
The last Baltimore show I attended in November 2022, I plucked a 1938 walker in PCGS OGH slab graded MS-63 at a reasonable price off the bourse floor, submitted it to CAC for a gold sticker.
Franklin Half Dollars are hard to grade because there are no general markers like “LIBERTY” to get you started and the portrait has very little detail in Mint State. A lot depends on surfaces which is a difficult skill to develop as a grader.
I have trouble with Standing Liberty Quarters. I am consistently too conservative, at least compared to the professional graders, with the low end AU and EF grades.
I’m becoming quite skilled at grading standing quarters, as I like them almost as much as walkers. I have almost a complete date set. I look at the left facing knee, which is always the telltale sign of rub. Also look for the ear hole and the three leaves on the head for the type twos and shield rivets are also very important. Then look at fields to a lesser extent. Luster and making sure there are no distracting spots or marks is also a good idea overall.
Sometimes, it’s better to be LUCKY than good. 🍀 🍺👍
As Abraham Lincoln once said, "You can believe everything you read on the internet."
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
I have no proof to back up my supposition, but the similarities are striking.
From the Fall of 2021 to the Fall of 2022 there was a marked "jump" in the bid prices for all 19th century coins. Grade didn't matter. Anything from beat up low grade coins to high grade CAC coins were through the roof. Then in the Spring of 2023 a group calling itself the Stephenville group started a series of auctions on Heritage.
I was able to spot over 120 coins I had been blown away bidding on during that period. I was also able to win over half a dozen pieces, some for as little as 25% of what they had paid.
Again. I have no proof but check auction prices on G.C and Heritage for that 21/22 period and you will find many "over the moon", highest ever prices paid. Until now again. James
@braddick said:
The heart wants what the heart wants.
The extra $50 that means nothing to me in getting the Franklin I want is probably the same sentiment that the billionaire has paying $50,000 higher for the Early Half Eagle they want.
The other issue is time. If you’ve been searching for years for a coin ending the search not knowing when another coin of the same quality will be available may be the motivation to pay that extra $50 or $50,000.
The longer I live the more convincing proofs I see of this truth, that God governs in the affairs of men. And if a sparrow cannot fall to the ground without His notice is it possible for an empire to rise without His aid? Benjamin Franklin
@Goldminers said:
Great Collections has a 1998 $100 One-Ounce Platinum American Eagle PCGS MS-70 bullion coin at auction currently being bid at over $55,000 with buyer's premium with 4 days left.
This is crazy.
$55K for MS70.
+2.8% over melt for a slabbed MS69 on Stack’s weekly Precious Metals auction.
Prices are definitely higher, but it’s hard for an underbidder to call a result “crazy” unless they themselves are known to bid crazy amounts. After all, they were willing to pay one increment less than the winner.
For a special coin, I'd happily pay one increment more than all the rational bidders. I just have to hope my underbidders are sane!
Comments
I was lucky enough to view in-person the entire Jack Lee collection of walkers in 1997 when he finally decided to sell the entire set off. The 1921 was far and away the best of his coins even nicer than his MS-68 late date walkers. This was 10 years BEFORE JA started CAC, this was the one coin he owned that I felt was a lifetime keeper.
One thing I was good at….. grading walkers. Funny as I cannot grade Franklin halves to save my life!
The last Baltimore show I attended in November 2022, I plucked a 1938 walker in PCGS OGH slab graded MS-63 at a reasonable price off the bourse floor, submitted it to CAC for a gold sticker.
Yeah a lot of these prices lately are absolutely through the goshdarn roof.. I haven't seen them this high in a while. Let's hope PM's correct soon so we can see at least the US Mint lower their darn premiums...
I just put it together from scratch. California Coins
Vintage site: JayCoinShop.com (Both same stuff just different flavors?) #numismaticmetals
Make some stupid offers now. https://collectorscorner.com/dealer/default.aspx?dealerId=1045&pt=1
Franklin Half Dollars are hard to grade because there are no general markers like “LIBERTY” to get you started and the portrait has very little detail in Mint State. A lot depends on surfaces which is a difficult skill to develop as a grader.
I have trouble with Standing Liberty Quarters. I am consistently too conservative, at least compared to the professional graders, with the low end AU and EF grades.
I’m becoming quite skilled at grading standing quarters, as I like them almost as much as walkers. I have almost a complete date set. I look at the left facing knee, which is always the telltale sign of rub. Also look for the ear hole and the three leaves on the head for the type twos and shield rivets are also very important. Then look at fields to a lesser extent. Luster and making sure there are no distracting spots or marks is also a good idea overall.
Sometimes, it’s better to be LUCKY than good. 🍀 🍺👍
My Full Walker Registry Set (1916-1947):
https://www.ngccoin.com/registry/competitive-sets/16292/
Love it!
WTB: Barber Quarters XF
As Abraham Lincoln once said, "You can believe everything you read on the internet."
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
I have no proof to back up my supposition, but the similarities are striking.
From the Fall of 2021 to the Fall of 2022 there was a marked "jump" in the bid prices for all 19th century coins. Grade didn't matter. Anything from beat up low grade coins to high grade CAC coins were through the roof. Then in the Spring of 2023 a group calling itself the Stephenville group started a series of auctions on Heritage.
I was able to spot over 120 coins I had been blown away bidding on during that period. I was also able to win over half a dozen pieces, some for as little as 25% of what they had paid.
Again. I have no proof but check auction prices on G.C and Heritage for that 21/22 period and you will find many "over the moon", highest ever prices paid. Until now again. James
The heart wants what the heart wants.
peacockcoins
The extra $50 that means nothing to me in getting the Franklin I want is probably the same sentiment that the billionaire has paying $50,000 higher for the Early Half Eagle they want.
The other issue is time. If you’ve been searching for years for a coin ending the search not knowing when another coin of the same quality will be available may be the motivation to pay that extra $50 or $50,000.
$55K for MS70.
+2.8% over melt for a slabbed MS69 on Stack’s weekly Precious Metals auction.
And you can’t tell the two apart with old eyes…
Completely agree. And if you took that same platinum round out of the plastic, you would lose $53,000 instantly.
Dead Cat Waltz Exonumia
"Coin collecting for outcasts..."
That's assuming that you couldn't get it back into a 70 holder.
That’s also assuming that the owner couldn’t find anyone willing to pay a premium to take a shot for a 70.
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
Prices are definitely higher, but it’s hard for an underbidder to call a result “crazy” unless they themselves are known to bid crazy amounts. After all, they were willing to pay one increment less than the winner.
For a special coin, I'd happily pay one increment more than all the rational bidders. I just have to hope my underbidders are sane!
It’s like George Carlin said about driving:
Have you ever noticed that anybody driving slower than you is an idiot, and anyone going faster than you is a maniac?
Another one from George
You can't have everything.........where would you put it..............
Mike
My Indians
Danco Set