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Where are the Walkers? And why do they cost so much?

Okay, so I think this sort of relates to the whole Coinage article, but I thought it was sort of a separate issue as well, so I'll post it here.

Gem MS Walkers of the 1940s. Modern coins? Depends who you ask, but suffice it say, not too terribly old, right? The pops on these coins in MS65 are in the several thousands for most every date/mm; for MS66 in the high hundreds, even thousands for many dates/mintmarks. But these coins cost a pretty penny! Not thousands of dollars, but often times hundreds. IMHO, the cost of these is much higher than there pops should indicate. A true modern with this pop would cost only a few dollars. The prices are not too shabby for what would seem to be not-too-rare coins. MS67 are less common, but even so, are not rare for some dates - at least by there pop reports (good luck actually finding them). At the same time, how many Walker Registry sets are there? There are 22 full sets (few complete) and only 11 short sets (again, few complete). So where the heck are all these coins?
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Comments

  • etexmikeetexmike Posts: 6,814 ✭✭✭
    Monsta,

    I sure wish you could find some logical answers to these questions. I have been asking the same ones.
    Right now I am searching for three MS67's to complete the short set and have no leads on them at all.

    The Walker's to me are one of the prettiest coin designs out there. I guess they are my favorites. I am trying to build the short set because it is in my budget. But, the 41,42, 43 and 44 S's in MS66 are a little on the high side.

    I think the MS67's are stuck in other sets as well as the Walker sets. They sure aren't listed on the Registry.

    Will be kinda interesting to see some answers to your questions.

    Nice poser.

    --------------

    etexmike
  • Bowers & Merena has a lot of MS-67 short set Walkers in their current auction.

    About 6 months ago, I found a toned beauty in 67 for around $500 and jumped at it, but the coin was already sold. Since then, I have found very few examples that had the look I wanted (nice toned original), so I ended up settling for a 66 for Type purposes.

    Keith
    Keith ™

  • TypetoneTypetone Posts: 1,621 ✭✭
    67s are hard to find for the 40s dates. Except for the 41 most have under 100 graded. With say 50 or 60 graded a price of $500 to $1,000 seems reasonable. I agree that the 65s and 66s are too expensive for their pops. Even the 41S, 42S, and 44S in 66 seem a little high to me. But the popularity of this series and particularly the short set suggest a high demand and thus the higher prices.

    Greg
  • khaysekhayse Posts: 1,336
    I was surprised when they started publishing the pop
    numbers in the Registry. Some of the Walkers I had I bought
    before I had access to the population report. Even once I did,
    I concentrated on what the pops of my upgrade candidates were.

    Some of my ms65's had a pop of four, five or six thousand.
    There must be a lot of collectors to justify the prices with that
    many coins, especially of the short set.

    If you have any doubt just compare the price versus pop
    of the 1940 Walkers versus the 1941.

    And don't get me started on the 41-s. Way too overpriced
    compared to the pop. Not just compared to the 40-s but also
    compared to the 42-s, 43-s and 44-s.

    It's always surprised me how few Walker sets were entered
    in the registry. To look at the populations, it's even more
    surprising. Until the Ally set was registered, almost none
    of the finest coins were account for.

    Just my 2 cents,
    -Keith H


  • LuvdawgsLuvdawgs Posts: 1,512
    I've been having trouble lately locating Walkers in MS for a decent price as well. I am doing a date/mm set for my husband (the full set), and it is going really slowly. Saw a couple nice ones in MS64 and 65 for $700 to $800, but as you all are saying that is too high a price for the pop.

    Susan
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