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Just Got Offered A Short Set Of MS-64 Walker Halfs For $1,400.

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MikeF's Avatar
United States
3479 Posts
 Posted 02/13/2017  12:16 am Show Profile   Bookmark this topic Add MikeF to your friends list Get a Link to this Message Number of Subscribers
I typically collect early US and 1800 coins. The guy is offering all mints and dates from 1941 - 1947. Claims they are all slabbed in old green PCGS holders and graded ms-64. Not really my cup of tea but is this a good deal?
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Dith Pran's Avatar
United States
283 Posts
 Posted 02/13/2017  12:38 am  Show Profile   Bookmark this reply Add Dith Pran to your friends list Get a Link to this Reply
I think that could be a pretty decent deal depending on the quality of the coins. The S mint marked halves all have a decent value increase from ms64 to ms65. Some upgrades could be possible if they are in older holders.
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Fathead 5's Avatar
United States
294 Posts
 Posted 02/13/2017  01:38 am  Show Profile   Bookmark this reply Add Fathead 5 to your friends list Get a Link to this Reply
You won't know until you see the coins in hand.
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MikeF's Avatar
United States
3479 Posts
 Posted 02/13/2017  10:54 pm  Show Profile   Bookmark this reply Add MikeF to your friends list Get a Link to this Reply
I asked the guy for more pictures and oddly he said no. He has just two pictures of one of the coins. He said his camera doesn't provide enough details of the coins. Seems fishy.
Edited by MikeF
02/13/2017 10:55 pm
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MikeF's Avatar
United States
3479 Posts
 Posted 02/13/2017  11:02 pm  Show Profile   Bookmark this reply Add MikeF to your friends list Get a Link to this Reply
I should add this is a craigslist deal.
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Ham1947's Avatar
United States
1298 Posts
 Posted 02/14/2017  07:12 am  Show Profile   Bookmark this reply Add Ham1947 to your friends list Get a Link to this Reply
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Cascade's Avatar
United States
7390 Posts
 Posted 02/14/2017  08:16 am  Show Profile   Bookmark this reply Add Cascade to your friends list Get a Link to this Reply
OWwOJlOI1nU
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T-BOP's Avatar
United States
18456 Posts
 Posted 02/14/2017  09:30 am  Show Profile   Bookmark this reply Add T-BOP to your friends list Get a Link to this Reply
Mike come on , you should know better by now . First of all stay away from Craigslist . 2nd, he can't get you more pics of the other coins . And 3rd, $1400 would be a lot if those coins were not up to par . I don't care if their PCGS slabs, I've seen many other MS-64 coins that looked like junk to me .
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MikeF's Avatar
United States
3479 Posts
 Posted 02/14/2017  1:43 pm  Show Profile   Bookmark this reply Add MikeF to your friends list Get a Link to this Reply

Quote:
First of all stay away from Craigslist . 2nd, he can't get you more pics of the other coins .


So I like to live dangerously. What can I say? Actually I thought this was one of the more legit deals I've come across since dipping my toe into the dark world of craigslist.

The dude lost me when he refused to provide more photos. I sent him a message stating that all I need is aerial photos of obverses with 4-6 coins at a time to verify the certs.

Work is slow this week. It's actually quite entertaining.
If I don't hear back. I'll call 41 action news and set up a sting. Maybe save somebody from getting robbed.
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United States
1450 Posts
 Posted 02/14/2017  1:46 pm  Show Profile   Bookmark this reply Add terry8835 to your friends list Get a Link to this Reply
Plus these are the most common dates for that coin. If he was offering you the same deal for LWH's of the 1930's then that would be a heck of a deal.
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Parklane64's Avatar
United States
2668 Posts
 Posted 02/14/2017  3:23 pm  Show Profile   Bookmark this reply Add Parklane64 to your friends list Get a Link to this Reply
I think Cascade's post says it all. That's what you should do.
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Andrew99's Avatar
United States
1533 Posts
 Posted 02/14/2017  3:27 pm  Show Profile   Bookmark this reply Add Andrew99 to your friends list Get a Link to this Reply
Greysheet bid on the short set in MS-64 is $1,350. Most dealers will offer you $1,200 for the group. Not such a great deal.
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Lion4Life's Avatar
United States
370 Posts
 Posted 02/14/2017  3:49 pm  Show Profile   Bookmark this reply Add Lion4Life to your friends list Get a Link to this Reply

Quote:
I asked the guy for more pictures and oddly he said no. He has just two pictures of one of the coins. He said his camera doesn't provide enough details of the coins. Seems fishy.



Quote:
I should add this is a craigslist deal.


Run away
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billjones's Avatar
United States
1499 Posts
 Posted 02/14/2017  4:25 pm  Show Profile   Bookmark this reply Add billjones to your friends list Get a Link to this Reply
My experience when I was dealer was that Walking Liberty half dollar third party grading was inconsistent. There were coins in MS-64 holders that were better than coins in MS-65 holders. It seemed to me that when there was a meltdown in the bids for MS-65 coins, that my observation explained it.

Some of the S-Mint coins were quick sellers for me when I could buy examples that were nicely struck with good eye appeal, in MS-63 and 64. If he is offering a group of high end for the grade coins, it could be an attractive offer. If he is offering low end for the grade, it isn't. Although PCGS slabs with the old green label tend to be nice, not all of them were. The Gray Sheet bid on this set in MS-64 is $1,350.
Edited by billjones
02/14/2017 4:26 pm
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United States
3184 Posts
 Posted 02/15/2017  1:32 pm  Show Profile   Bookmark this reply Add mkman123 to your friends list Get a Link to this Reply
With no pictures, forget it! Nowadays you can take pictures that are decent with even your own phone!
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magicalmke's Avatar
United States
123 Posts
 Posted 02/15/2017  4:33 pm  Show Profile   Bookmark this reply Add magicalmke to your friends list Get a Link to this Reply
Waste of time to pursue this given the risks. These are often found in ms66 and ms67. 64's are common. If they're premium 64's it may be a good deal but still probably not great. Why take the risk of danger.
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