1946 WLH DDR PCGS MS65

coinkat

I looked at the Kingswood Auction results today. A 1946 Walker Double Die Reverse MS65 sold for over $5,700. Did anyone out there see the coin? Was it a superb strike and was the doubling well defined? This is by far the most I have ever seen one of these sell for... are more collectors that specialize in Walkers beginning to appreciate the varieties? Any comments, thoughts or observations would be appreciated. One final question... what about the 1918-d without initials? Is there a decent premium for this coin EF and higher?

coinkat

Didn't anyone else think the auction result for this coin was alittle out of the ordinary?

oreville

$5,700 for an MS-65 1946 DDR 50c sounds within the realm of reasonableness. I own a few raw and slabbed pieces myself. Nice variety to own and enjoy.

Acceptance of such variety will only grow in years to come.

DennisH

Hello!

The writeup about this coin on the front of the PCGS website was incorrect... the coin is actually an MS66. It is one of three known in this grade at PCGS, with none finer. (The auction catalog was wrong about that; it said the coin was one of just two 66s.)

I see the PCGS website article has now been corrected to say MS66.

The doubling was VERY pronounced on the eagle's wings and legs, and on the olive branch. The doubling on the motto was not as dramatic as some I have seen, but it was still obvious. I thought the strike was just fine for an MS66... not perfect, but nothing to apologize for. The lustre was intense and flashy, with just a bit of pale tan color beginning to form on the upper obverse.

This is a really neat variety, and is currently the only Walker variety currently attributed by PCGS. I suppose if PCGS ever creates a "Circulation Strikes With Varieties" Waker Registry set, the race for these coins will really heat up prices for them, and $5,750 for a 66 could soon become very cheap.

coinkat

Thanks for the response. I have found two nice ones over the years and I still believe they are overlooked and to a point underappreciated... but not anymore. I wonder why PCGS does not recognize the 1918-d without the designers initials? it is fairly tough to get in grades above EF40.

fivecents

I found a 1946 DDR unmarked in a pcgs ms63 old rattler holder at a coin show.I did't realize what I had until 3 days later. I paid 63 bid for the coin. It is at PCGS now and should be graded any day now(with the reverse facing forward in the holder). I will post a picture of it when I recieve it.


Paul