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Loading Up On Junk Walkers

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jimbucks's Avatar
United States
4691 Posts
 Posted 12/30/2014  9:22 pm Show Profile   Bookmark this topic Add jimbucks to your friends list Get a Link to this Message Number of Subscribers
At under 14 x face they seem like a value to me.
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Joe2007's Avatar
United States
3843 Posts
 Posted 12/30/2014  10:02 pm  Show Profile   Bookmark this reply Add Joe2007 to your friends list Get a Link to this Reply
I'm tempted by them too. They seem to sell well on ebay but they seem to be so common in dealer's junk bins that I question any additional premium.
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Bertensgrad's Avatar
United States
1192 Posts
 Posted 12/31/2014  03:58 am  Show Profile   Bookmark this reply Add Bertensgrad to your friends list Get a Link to this Reply
A lot of people have access to ebay then dealers junk boxes.
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fistfulladirt's Avatar
United States
4333 Posts
 Posted 12/31/2014  06:10 am  Show Profile   Bookmark this reply Add fistfulladirt to your friends list Get a Link to this Reply
As a stacker, they've normally lost way too much weight for my liking.
When I listen to LED ZEPPELIN...so do my neighbors...
Roll hunting since '77
Dirt fishing since '72
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BluegrassRiver's Avatar
United States
324 Posts
 Posted 02/05/2015  07:38 am  Show Profile   Bookmark this reply Add BluegrassRiver to your friends list Get a Link to this Reply
What about Franklin halves in circulated? Have they lost too much weight for stackers?
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sel_69l's Avatar
Australia
21786 Posts
 Posted 02/05/2015  08:03 am  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
14x face = 13% premium above melt value.
How does that compare to 1000 fine bar silver?
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XavierOfGreen's Avatar
United States
2589 Posts
 Posted 02/05/2015  10:16 am  Show Profile   Bookmark this reply Add XavierOfGreen to your friends list Get a Link to this Reply
Its tough to find walkers at 14% near me. Most of the dealers around me are asking like 16X or more.
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CoinHunter53562's Avatar
United States
2049 Posts
 Posted 02/05/2015  10:36 am  Show Profile   Bookmark this reply Add CoinHunter53562 to your friends list Get a Link to this Reply

Quote:
As a stacker, they've normally lost way too much weight for my liking.


Agree with you on this one. The standard is 7.15 ounces per $10 face, and with Walkers it's hard to hit that. But I am not going to lie, they are one of my favorite coins.


Quote:
What about Franklin halves in circulated? Have they lost too much weight for stackers?


They weren't in circulation as long when the govt stopped making 90% silver. Generally speaking, they are not going to be as worn as Walkers. I find EF+ Franklins in dealer junk silver bins all the time.


Quote:
14x face = 13% premium above melt value.
How does that compare to 1000 fine bar silver?


There are premiums on silver bars as well. The biggest coin shop in town here sells generic silver at spot plus $2.50 so the premium percentage is about the same.
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Silverworld11's Avatar
613 Posts
 Posted 02/05/2015  11:52 am  Show Profile   Bookmark this reply Add Silverworld11 to your friends list Get a Link to this Reply
I like them with a low mintage and VF Grade or better around $8-$10 each. I have no more then 20 or so.
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MontanaCMR's Avatar
United States
606 Posts
 Posted 02/05/2015  9:50 pm  Show Profile   Bookmark this reply Add MontanaCMR to your friends list Get a Link to this Reply
Picking up some better walkers or franklins at a LCS can be a pretty good deal as there are a lot of people that collect Albums and need to fill empty spots.

A couple of months ago, the owner of our LCS was on his way out for an important lunch with a new girlfriend, so he told his employee to sell me some kennedy, franklin, walker, and barber Dansco albums around melt. I bought about everything they had, and most were about 85% filled.

The problem is I have then had to go to ebay and been paying way too much to fill the remainder of the album. In the end, these 15% of the albums will cost a lot (i.e., $21 for a franklin).
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vermontensium's Avatar
United States
16677 Posts
 Posted 02/05/2015  9:58 pm  Show Profile   Check vermontensium's eBay Listings Check vermontensium's eCrater Listings Bookmark this reply Add vermontensium to your friends list Get a Link to this Reply
I've been buying silver like crazy.

25 ounces just today.
(2) 10 oz bars
(1). 5 oz bar
swcoin.ecrater.com
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CoinHunter53562's Avatar
United States
2049 Posts
 Posted 02/05/2015  10:43 pm  Show Profile   Bookmark this reply Add CoinHunter53562 to your friends list Get a Link to this Reply
Need pictures vermontensium!
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MontanaCMR's Avatar
United States
606 Posts
 Posted 02/05/2015  11:43 pm  Show Profile   Bookmark this reply Add MontanaCMR to your friends list Get a Link to this Reply
Ya, pictures or it didn't happen :)
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fistfulladirt's Avatar
United States
4333 Posts
 Posted 02/06/2015  05:34 am  Show Profile   Bookmark this reply Add fistfulladirt to your friends list Get a Link to this Reply
I metal detect a lot of my Walkers, just this spring a 1917 at about 10" deep near an old ice skating area in a park.

I like to stack 'em when I can find them in nice shape. My favorite is a '38D key which I bought off a teller for $5, was from her personal collection of silver halves she's pulled off the 'line.
When I listen to LED ZEPPELIN...so do my neighbors...
Roll hunting since '77
Dirt fishing since '72
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