Back into the breach - Gradeflation ? - Early Walkers
shorecoll
Posts: 5,445 ✭✭✭✭✭
I have started putting together a set of early date walkers mostly in VF-ish. I have noticed that very few of the slabbed early date branch mint walkers in AU by either service look even close to AU. Is this really strike or the nemesis...gradeflation?
ANA-LM, NBS, EAC
0
Comments
Your tired, elderly eyes?
RMR: 'Wer, wenn ich schriee, hörte mich denn aus der Engel Ordnungen?'
CJ: 'No one!' [Ain't no angels in the coin biz]
It's gradeflation.
AU50 in early Walkers is the VF35/XF40 of twenty years ago.
Sadly, this does appear to have happened to some extent... although lately, it seems to be tightening again.... Although these are general perceptions, so many have noticed it, that it adds to the validity.... Cheers, RickO
Rat...you may be right, lol!
It is not always gradeflation... There is a distinct design difference in the 1923 and earlier WLH coins. The earlier dates just do not have the detail that later dates have... One just cannot grade a 1936 and 1920 WLH by the same standard because the skirt lines and overall relief is different.
Appreciate the differences. I would recommend looking at the remaining lustre and the strike characteristics of the mints.
Experience the World through Numismatics...it's more than you can imagine.