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Should I keep this Walking Liberty in this Slab?

MtW124MtW124 Posts: 541 ✭✭✭✭

I just won this one in a raffle and really like it as is. I believe it's a first generation PCI slab and the PQ designation I really like. I do wonder how it would cross if I chose to go that route. Any thoughts would be helpful. Thanks


Comments

  • MtW124MtW124 Posts: 541 ✭✭✭✭

    Thank you for your input Mark. I appreciate it. This is my first walker halve and I do like it.

  • MtW124MtW124 Posts: 541 ✭✭✭✭

    Thanks for the advice Morgan.

  • U1chicagoU1chicago Posts: 6,848 ✭✭✭✭✭

    Keep it in the pci slab. Even a bump up in grade won’t cover the grading fees. Plus the “PQ” pci slab will have a bit of a premium on a coin like this.

  • MtW124MtW124 Posts: 541 ✭✭✭✭

    Thanks U1chicago for that information. I appreciate it.

  • 124Spider124Spider Posts: 1,186 ✭✭✭✭✭

    The Greysheet retail value for a 1945 walking Liberty half dollar is $80.

    The melt value at this moment is $42.18.

    So, assuming the grade is correct, the numismatic premium over melt is a bit less than $40.

    An MS62 is worth $75. An MS64 is worth $90.

    Getting that coin graded by PCGS would cost you more than the numismatic premium for an MS64. It makes no economic sense to do so.

  • MtW124MtW124 Posts: 541 ✭✭✭✭

    Thanks for the breakdown @124Spider

  • ELVIS1ELVIS1 Posts: 440 ✭✭✭✭

    Not to play the Slab game but when that generation PCI slab came out they were considered conservative and the PQ was, I think and this is only my opinion, what led to NGCs star and eventually the PCGS plus designation. IMO

  • Walkerguy21DWalkerguy21D Posts: 12,032 ✭✭✭✭✭

    @124Spider said:
    The Greysheet retail value for a 1945 walking Liberty half dollar is $80.

    The melt value at this moment is $42.18.

    So, assuming the grade is correct, the numismatic premium over melt is a bit less than $40.

    An MS62 is worth $75. An MS64 is worth $90.

    Getting that coin graded by PCGS would cost you more than the numismatic premium for an MS64. It makes no economic sense to do so.

    I don’t see 64’s bringing anywhere close to $90 at auction, and 63’s significantly less. But your point is still very valid; probably more so. Spending $25+, plus shipping and insurance, for getting it in a different slab to perhaps increase the value in the marketplace by $10 doesn’t make sense. But the OP’s cost is just the raffle ticket, so there’s that to consider. But I’d leave it as-is, as everyone is recommending, and the OP seems to agree.
    To add, I really don’t have a guess as to what it would cross as, from the images provided.

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  • 124Spider124Spider Posts: 1,186 ✭✭✭✭✭
    edited January 28, 2026 10:04PM

    @Walkerguy21D said:

    @124Spider said:
    The Greysheet retail value for a 1945 walking Liberty half dollar is $80.

    The melt value at this moment is $42.18.

    So, assuming the grade is correct, the numismatic premium over melt is a bit less than $40.

    An MS62 is worth $75. An MS64 is worth $90.

    Getting that coin graded by PCGS would cost you more than the numismatic premium for an MS64. It makes no economic sense to do so.

    I don’t see 64’s bringing anywhere close to $90 at auction, and 63’s significantly less. But your point is still very valid; probably more so. Spending $25+, plus shipping and insurance, for getting it in a different slab to perhaps increase the value in the marketplace by $10 doesn’t make sense. But the OP’s cost is just the raffle ticket, so there’s that to consider. But I’d leave it as-is, as everyone is recommending, and the OP seems to agree.
    To add, I really don’t have a guess as to what it would cross as, from the images provided.

    Just a thought on the "value" of the coin (athough it doesn't affect what both of us said)--It may be that the auctions you're looking at were before or during the run-up in silver value. This has been a remarbakle run-up, both in degree and swiftness.

  • Cougar1978Cougar1978 Posts: 9,573 ✭✭✭✭✭

    Keep it as is.

    Investor
  • LeeBoneLeeBone Posts: 4,790 ✭✭✭✭✭

    As stated over and over, keep it as is

  • Charles_MorganCharles_Morgan Posts: 37 ✭✭✭
    edited January 29, 2026 5:56AM

    The insert appears to be tarnishing the coin. It was probably blast white when it earned their PQ designation.

    Manager of Numismatic Research and Programs | PCGS

  • MtW124MtW124 Posts: 541 ✭✭✭✭

    I'm definitely keeping the coin in the PCI slab. I appreciate all of the comments. I was truly contemplating crossing the coin over to our hosts slab.

  • WalkerfanWalkerfan Posts: 10,166 ✭✭✭✭✭
    edited January 29, 2026 8:14AM

    Crossing doesn’t make good financial sense. Leave it in the PCI slab…The ‘PQ’ designation is kind of cool. B)

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  • pursuitoflibertypursuitofliberty Posts: 7,720 ✭✭✭✭✭

    Honestly, that holder with that grade and designation probably helps the value of the coin in the long run from people who collect outdated slabs.


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  • jmlanzafjmlanzaf Posts: 40,336 ✭✭✭✭✭

    @Charles_Morgan said:
    The insert appears to be tarnishing the coin. It was probably blast white when it earned their PQ designation.

    Common with early PCI slabs

    All comments reflect the opinion of the author, even when irrefutably accurate.

  • duck620duck620 Posts: 1,083 ✭✭✭✭

    Leave it in the PCI slab.

  • ELVIS1ELVIS1 Posts: 440 ✭✭✭✭

    @124Spider said:
    The Greysheet retail value for a 1945 walking Liberty half dollar is $80.

    The melt value at this moment is $42.18.

    So, assuming the grade is correct, the numismatic premium over melt is a bit less than $40.

    An MS62 is worth $75. An MS64 is worth $90.

    Getting that coin graded by PCGS would cost you more than the numismatic premium for an MS64. It makes no economic sense to do so.

    I think I would pay 64 money for it with no hesitation.

  • JimTylerJimTyler Posts: 4,004 ✭✭✭✭✭

    I normally would agree keep it in the slab however I’m not liking the way the obverse is toning. You don’t want to see it black down the road (that would be way down the road)

  • 124Spider124Spider Posts: 1,186 ✭✭✭✭✭

    @ELVIS1 said:

    @124Spider said:
    The Greysheet retail value for a 1945 walking Liberty half dollar is $80.

    The melt value at this moment is $42.18.

    So, assuming the grade is correct, the numismatic premium over melt is a bit less than $40.

    An MS62 is worth $75. An MS64 is worth $90.

    Getting that coin graded by PCGS would cost you more than the numismatic premium for an MS64. It makes no economic sense to do so.

    I think I would pay 64 money for it with no hesitation.

    I'm not sure what your point to me is, if any.

    My point to OP, obviously, is that there is no economic sense in spending what it would cost to get this coin slabbed by PCGS, even if it were to get a 64.

  • ELVIS1ELVIS1 Posts: 440 ✭✭✭✭

    @124Spider said:

    @ELVIS1 said:

    @124Spider said:
    The Greysheet retail value for a 1945 walking Liberty half dollar is $80.

    The melt value at this moment is $42.18.

    So, assuming the grade is correct, the numismatic premium over melt is a bit less than $40.

    An MS62 is worth $75. An MS64 is worth $90.

    Getting that coin graded by PCGS would cost you more than the numismatic premium for an MS64. It makes no economic sense to do so.

    I think I would pay 64 money for it with no hesitation.

    I'm not sure what your point to me is, if any.

    My point to OP, obviously, is that there is no economic sense in spending what it would cost to get this coin slabbed by PCGS, even if it were to get a 64.

    My point was not so much to you it was that at MS 63 PQ, that coin in that slab would be a no brainer paying 64 price which you alluded to as $90.00 in your post. Wasn't directed at you but through you per se.

  • MtW124MtW124 Posts: 541 ✭✭✭✭

    @JimTyler said:
    I normally would agree keep it in the slab however I’m not liking the way the obverse is toning. You don’t want to see it black down the road (that would be way down the road)

    I noticed that as well. Break out and quick ezest dip. Just a question. I'm far from knowing any good answers in regards to being a good steward of coins. Thanks

  • MsMorrisineMsMorrisine Posts: 38,670 ✭✭✭✭✭

    don't crack that just to dip it unless you see black already

  • ajaanajaan Posts: 17,862 ✭✭✭✭✭

    Should I keep this Walking Liberty in this Slab?

    yes


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