1919-D MS66 Walking Liberty half sells for $218,000 +!
stinkinlincoln
Posts: 2,733 ✭
This is not my series at all, but the design has always interested me.
Can anyone please tell me why this coin sold for this amount?
Im not trying to sound sarcastic or anything, I just did not realize Walking Liberty halfs were hitting these kinds of numbers...
edited to add: If anyone can post pics of this coin, Id greatly appreciate it.
Can anyone please tell me why this coin sold for this amount?
Im not trying to sound sarcastic or anything, I just did not realize Walking Liberty halfs were hitting these kinds of numbers...
edited to add: If anyone can post pics of this coin, Id greatly appreciate it.
0
Comments
Here's the 66 that sold for $271K a few years ago... this would fit nicely in my box of 20!
Just for example a AU58 19-D normally sells for $5K...
A AU58 without the normally weakly struck centers and full thumb definition sold for $13K about 3-5 years ago.
$218,000 +! isn't far fetched as a MS65 sells for $80-120K on average.
<< <i>Ahhhhh, gotcha guys. I figured condition rarity or something, just not my series... Anyone know how many 65's are graded at PCGS??? >>
pop report shows 10 ms65 1919-d's
Leo
The more qualities observed in a coin, the more desirable that coin becomes!
My Jefferson Nickel Collection
Mintage is still quite low as they heavily circulated with no known hoards.
This isn't a 1938-D where discussing which although under 500K minted just didn't circulate anywhere near the same.
<< <i>Mintage of 1,165,000. I realize it's a pop top but... >>
1919 saw a reflexive economic downturn after the great war and the
economic and social impact of the spanish flu. Relatively few half dol-
lars would be saved under these conditions and then many of those
that were would be forced back into circulation by the great depression
only ten years later. Collectors of the time couldn't anticipate the mod-
ern desire for well made coins and the '19-D was rarely well made. Ma-
ny were struck by worn dies.
This is one of the toughest walkers in nice shape as most were allowed
to become well worn.
Supply is determined by the number set aside, not the number made.
It isn't unusual for coins to be set aside in sufficient quantity but most
later released or destroyed. Quality '19-D's were a little tough even
in 1919 though.
The 1919 recession was hardest on the lowest classes.
Experience the World through Numismatics...it's more than you can imagine.
I sold a whizzed/retoned XF45 to a knowledeable dealer/hoarder for $1000 last year - it had a nearly full head and full central hand details, best detailed circ 19D either of us had ever seen.
Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.
Positive BST Transactions (buyers and sellers): wondercoin, blu62vette, BAJJERFAN, privatecoin, blu62vette, AlanLastufka, privatecoin
#1 1951 Bowman Los Angeles Rams Team Set
#2 1980 Topps Los Angeles Rams Team Set
#8 (and climbing) 1972 Topps Los Angeles Rams Team Set
So this was a raw coin, priced at $5400, and ended up in a MS PCGS slab, and sold at auction for $218K?
<< <i><< I liked it better at $5400, which is what I paid for it when it first appeared raw in Bowers' Emory Nichols Collection sale. (Unfortunately, I sold it shortly thereafter.)>>
So this was a raw coin, priced at $5400, and ended up in a MS PCGS slab, and sold at auction for $218K? >>
The Emery-Nichols sale was in 1984.
Ed. S.
(EJS)
<< <i>Even still. 1984-2009, $5400-$218000+... NICE score for someone! >>
Looks like a lot, but it's about a 5.5% compound annual return.
Russ, NCNE
Russ, NCNE
As far as your ability to discuss financial calculations on walkers of any other grade other than MS-64 you have got to be kidding me!