Is anyone else surprised this Questionable Toned Walker closed at $810.00?
braddick
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braddick
Posts: 24,003 ✭✭✭✭✭
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I'm surprised, but even though there were 23-bids there were only four bidders total and only two of them above $199. They each must have really wanted it and one person's nuclear bid was more than the other.
In honor of the memory of Cpl. Michael E. Thompson
I hope they LOVE it, because they are buried in it.
I am a newer collector (started April 2020), and I primarily focus on U.S. Half Cents and Type Coins. Early copper is my favorite.
Photos for those that don't want to click the link:
No 👎
@braddick I added it to my watch list this morning when it was slightly over $200. I found the coin interesting but thought that was already too much. I'm quite surprised to see it go 4x from that point. Two people really liked it. I don't think it gets into a straight graded holder unless someone gets lucky. In that case, they might be able to recover their money.
What did you think of the coin?
Only takes 2 to Auction Tango.
Jim
When a man who is honestly mistaken hears the truth, he will either quit being mistaken or cease to be honest....Abraham Lincoln
Patriotism is supporting your country all the time, and your government when it deserves it.....Mark Twain
You'll see it later in an NGC66* slab for 3k.
Me too.
My naive self thought it would close at $150. or so. I've been watching it all week.
It went nuclear the last 40 minutes.
I personally don't like it much. The purple on the obverse is too thick to be authentic and it has the marks in the obverse field and on the devices so even at a straight grade I'd imagine no better than MS62.
The splash of 'red' on the reverse is also too much.
If we ever see this one (we won't) in a regular holder- even with NGC it'll make me come close to swearing off these coins.
peacockcoins
definitely AT - definitely not a condition rarity either
Surprised, no I'm sure it will end up in a straight graded PCGS holder for sale at twice that soon.
My Collection of Old Holders
Never a slave to one plastic brand will I ever be.
Even with the unpredictability of grading, I’d be shocked (and horrified) if the coin ends up in a straight grade PCGS or NGC holder.
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
No, not surprised. You simply never know what will happen when you deal with eBay.
God bless all who believe in him. Do unto others what you expect to be done to you. Dubbed a "Committee Secret Agent" by @mr1931S on 7/23/24. Founding member of CU Anti-Troll League since 9/24/24.
Maybe @chromaticcoins or @chromatic_coins (whichever is still active, I can't remember) will have something to say about this.
God bless all who believe in him. Do unto others what you expect to be done to you. Dubbed a "Committee Secret Agent" by @mr1931S on 7/23/24. Founding member of CU Anti-Troll League since 9/24/24.
2 bidders who are not making sense in paying this much money for an enhanced coin. I understand better people paying very high for a desirable unaltered coin.
AT or NT.
Nice blend of delightfull random colors.
Smooth.
I don’t get it.
But there’s a doctor somewhere that must be pleased with the results.
Definitely AT but it has eye appeal to spare. Walkers with that kind of color are very rare. And yes, If submitted enough times, someone might get lucky and get it straight graded. It has a nice strike for a ‘43S, as well. That is my thought process regarding the bidders in this situation.
Sometimes, it’s better to be LUCKY than good. 🍀 🍺👍
My Full Walker Registry Set (1916-1947):
https://www.ngccoin.com/registry/competitive-sets/16292/
I can’t see it ever getting slabbed, it clearly fiddled with.
11.5$ Southern Dollars, The little “Big Easy” set
This Kennedy made it into a regular holder, so I suppose there is hope for the above Walker.
peacockcoins
Probably shill bidding.
Student of numismatics and collector of Morgan dollars
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On the contrary, that was almost certainly not shill bidding.
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
Millions of auctions—the odds that two innocents end up in a bidding spat exist—mix in some liquor and Xanax—not impossible.
It’s pretty for a toned coin, AT or not, but I channel Ricko when I get that temptation.
The question I'd have is what's the chemical process that was used to create those colors?
Not surprised.
You never really know what they are going to bid up - especially if it’s rich collectors in a bid war.
It all depends on who sends it in.
Sorry, but I think that’s bologna. It depends on what the coin looks like.
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
If you were the owner of the company would you make sure that some submitters got better treatment in the grading room than others just because of who they are? Would you overrule a finalizer and change a grade for certain submitters because of who they are?
At least the coin made it into PCGS plastic instead of being returned in a body bag.
It's not even questionable color imo
I wouldn’t but not everyone thinks the way I do.
Coin looks fine to me. I wouldn't pay $800 myself but it should get in a straight grade holder sooner or later. PCGS is way too tough on color for Walkers right now. Actually wildly inconsistent in general right now.
"It's like God, Family, Country, except Sticker, Plastic, Coin."
In the right field below the branches there is a telltale accelerated toning spot.
"Looks can be deceiving"....What happened to that old saw?
Well, anyway, this coin is not for everybody's taste. AT is the name, trickery is the game...
What I really can't stand especially are Morgans with this type of toning and the vigorous (& faulty) rationale behind owners declaring them as NT.
A pet gripe, sorry not to derail OP...
Well, just Love coins, period.
I do not find that type of toning (artificial or not) even remotely eye appealing. It looks like a film and has no depth to it. I would be very surprised in myself if I were to bid that kind of money, but another? No. There are a lot of collectors who find coins with a certain eye appeal that I do not understand.
Color looks ok to me. Just because it doesn't have that traditional monster rainbow toning you commonly associate with GEM+ walkers doesn't mean it is AT. It can sit somewhere weird and still tone it's just a game of market acceptability, and clearly people are accepting it.
Collector of Capped Bust Halves, SLQ's, Commems, and random cool stuff! @davidv_numismatics on Instagram
The real question is, would it have sold for more raw?
No matter, I find it just as ugly as can be. In my opinion it'll never be market acceptable, and I hope it never is.
100% dog.
Having fun while switching things up and focusing on a next level PCGS slabbed 1950+ type set, while still looking for great examples for the 7070.
Take away the tone (which I believe to be natural) and it's an MS64 at best. The rather large obverse contact mark tells me there's other issues hidden beneath the color. That said, at the price paid they could have bought a straight grade MS66 based on recent auction sales. Which makes this a foolish premium paid for color.
It is interesting to me you bring this up.
Here is the Walker that graded in the same submission, right before the above half dollar did:
It closed at $250. less:
https://www.ebay.com/itm/335473154653
peacockcoins
@braddick -- that's fascinating. The toning is actually of a similar palette, just a much lighter application.
That coin was purchased by somebody that will get that coin in a straight holder, id be willing too bet
This has been a very interesting thread. The coin looks AT to me, but a couple of forum members whom I think really know their stuff, feel differently.
Is that because of what you think of the coin or because of the price paid for it?
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
"A better coin through chemistry" brings strong bid. Nothing surprises me in this frenzied market. Some people have more money than they know what to do with it.