The Gold Walking Liberty: Winner or Loser?
giorgio11
Posts: 3,910 ✭✭✭✭✭
So which do you think it is ... and why? I am curious to hear the views of other forum members. Share your opinions!
Kind regards,
George
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From a flipper point of view it is likely a loser, but from a collector point of view if you like the design then it can be a winner.
In honor of the memory of Cpl. Michael E. Thompson
Well said. I doubt that these will be a good investment but that didn't stop me from buying one for my coin collection.
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
Bought one for my own personal enjoyment. Not concerned about whether flippers make money.
I didn't purchase this one, even to flip, so it will probably skyrocket.
From a personal side, I really do like this one. I thought I would like the SLQ gold better, but I like this one. I am pretty tempted to get one just to hold, as the design is pretty clean cut, but I just can't pull the trigger on it at the premium they want right now (....and, just buying a colonial put a little hit into my discretionary coin budget at this moment
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I've been told I tolerate fools poorly...that may explain things if I have a problem with you. Current ebay items - Nothing at the moment
If Wondercoin does not post in the bst to buy it "must" be a loser
Bought one for myself and that was it, just like the SLQ. The dime on the other hand I bought several and sold them.
Winner or looser I am getting my 3
As a collector I like the design
As a dealer I still believe 70,000 isn't that many!
Ditto on the design. Let's be honest here. If we were not so jaded with all of the mint junk, we would be all over this piece. The design is tried and proven.
Sure the premium is a bit ridiculous, but I don't believe the price is going to drop. At worst you should break even. Besides, this is a piece to admire, plain and simple. I don't think you'll get tired of having it in your collection.
Aerospace Structures Engineer
winner because:
loser because:
Any profits will have to be made quickly. If not, then the buyers will have to depend on a rise in the price of gold for any chance at a profit. Like the dime and quarter, in five years it will be just another US Mint NCLT issue that is lost in the fog of excessive issues.
The Mint really missed an opportunity: Offer pre-sale subscriptions. And a special display case after you buy all 3 coins.
The Canadian Mint offers lots of coin series' subscriptions. It's great for collectors.
http://www.mint.ca/store/buy/subscriptions_coins-cat640006
Successful BST transactions with forum members thebigeng, SPalladino, Zoidmeister, coin22lover, coinsarefun, jwitten, CommemKing.
If you like it you will never lose. I picked up my 3 for now maybe more later.
Hoard the keys.
It truly is a beautiful coin as the images by KollectorKing show.... too bad it is not the same size as the original ... I do understand why, but it is disappointing nonetheless...Cheers, RickO
It reminds me a bit, although not as drastically, of the 2009 Ultra High Relief gold, which a collector friend of mine memorably called "High Relief on a Button." I never could get excited about that little minimarvel. Thanks folks for sharing your thoughts. Only Time Will Tell.
Kind regards,
George
Not a flip winner, but generally appealing. Would have liked more eagle feather detail, but IMO better than the previous two from the pictures. I got one as a good mint slave (post-Trump non-PC terminology now allowed!).
Well, just Love coins, period.
Winner winner
Hot dog dinner.
.
the ASEs only have the obverse!
and the gold half dollars have great work on that eagle.
Modern junk!
Same thing said about the 1795 Flowing Hair Dollar.....................................................in 1795.
Ask in 50 years
If spot keeps dropping, I may get one anyway.....
Cheers, RickO
I agree with others in the thread, loser for flippers and most likely a winner for collectors because Walkers are such a beloved design.
Andrew Blinkiewicz-Heritage
I posted previously that 50K mintage limit was the magic number which I was hoping for. Now that it's 70K, i bought one coin to keep. To me, this is clearly the nicest coin this year.
Is anyone flipping these yet, or are they still on sale from the Mint?
Kind regards,
George
It's a loser for the flippers, which is just as well in my opinion. For the collectors who enjoy it, it's fun, but the design has already been over used with the ASE. I just don't want to tie the money up into something that I will seldom get out to enjoy. I'd much prefer to put those funds toward the purchase of a nice piece of 19th century gold.
23,044 left as of Sunday
Mine was delivered yesterday and looks flawless. Also the box it came in had a flip open with no tape, I don't see how PCGS would accept this box for First Strike after the 30 days are up. It could easily be opened and sealed again.
Box of 20
Too much to pay for a bullion coin.
I bought one for the collection just for fun, not to flip. in hand, it's very easy on the eyes and does the original Walker design proud. Yes, it's smaller than the half, but not alarmingly so. That alone shouldn't stop you from buying if you are on the fence.
10-4,
My Instagram picturesErik
My registry sets
I bought one to complete my set. Somewhat disappointed at the small size relative to a regular WL half.
Had to send mine back due to a planchet problem that disfigured the rim. Hope I get a good replacement and not somebody else's reject.
No disappointments here, iconic design and very well executed by the Mint. Hopefully gold drops a bit, will probably purchase another if the price drops.
I agree with this. When I see photos of a MS WLH obverse now, my first thought is ASE, not WLH. Funny how that happened.
Still, the reverse looks quite nice.
Both sides of the Walking Liberty Half Dollar were outstanding. The reverse is quite interesting and of course only revived on this gold piece. Still I think as collectors we look to much to past for current coins we get from the mint.
Agreed. I like the originals as well.
I agree the reverse is quite interesting. It was only with the gold piece that I realized there were pine cones on the branch. Who is the sculptor that added the pine sapling on the reverse? From what I've read, it seems that it was not Weinman.
It's also interesting that pine cones are on the Pan Pac slugs issued a year before. Do we know what was the significance of pine cones back then? Seems like Breen wasn't impressed with the choice.
It's a nice piece of bullion but the issue price premium is way too high and the eagle looks like it's in a suit of feather armor. Not a big fan but when they get down to just above spot I'll probably grab one.
Wonder if they'll do 1oz gold or platinum Morgan & Peace dollars in 1921?
Depends for flippers not good for those collectors who like these it is good a bit over priced though. The US Ming keeps the dies, they could strike a SILVER set but probably will not. it would be cool for year end though...
I did notice the all three "Centennial" coins were absent from the US Mint holiday brochure..Maybe the Mint thought they would sell out...
I like the design on the gold. I really don't care about flipping it.