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Walking Liberty Half MS-66 Email Answered

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grovey's Avatar
United States
440 Posts
 Posted 04/09/2005  10:05 pm Show Profile   Bookmark this topic Add grovey to your friends list Get a Link to this Message Number of Subscribers
I doubt it is a true ms66 any grade opinions and what would your max bid be ?

http://cgi.ebay.com/ws/eBayISAPI.dl...ageName=WDVW
Edited by grovey
04/13/2005 3:05 pm
Valued Member
zakgold's Avatar
United States
382 Posts
 Posted 04/09/2005  10:19 pm  Show Profile   Bookmark this reply Add zakgold to your friends list Get a Link to this Reply
I don't like NTC grading services at all! With that said, I would bid this coin as if it were a MS63/64 coin. Now, if you can hold and see the coin, that is another story as even a blind squirrel finds an acorn once in awhile.

I would bid no more than $80 to $85 dollars...but that is just me.

The pics look great...BUT...how to you know those are not stock photos? Also, check out the return policy. I have bought lower tiered slabs on ebay ONLY if the seller had good feedback and a return policy. I have bought these MS66 and MS67 lower tiered graded coins that were not even MS63!...so I returned them after I received the coin. Good luck and bidding!
Edited by zakgold
04/09/2005 10:20 pm
Valued Member
Stujoe's Avatar
United States
421 Posts
 Posted 04/09/2005  10:33 pm  Show Profile   Bookmark this reply Add Stujoe to your friends list Get a Link to this Reply
It looks like a pretty coin from the pictures which are decent enough considfering it is on ebay. It sure seems to have lustre. My only concern would be some wear that would knock it out of MS range altogether. Can't really tell that from the pictures and I am not much of a gambler, don't know the seller, it is not in hand, etc so I would bid it at the AU58-MS60 range, whatever that is.
Edited by Stujoe
04/09/2005 10:34 pm
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Susanlynn9's Avatar
United States
5877 Posts
 Posted 04/09/2005  10:45 pm  Show Profile   Bookmark this reply Add Susanlynn9 to your friends list Get a Link to this Reply
I don't like the look of the leg. The rest of it seems fine, but I have seen too many really beautiful examples with full skirt lines all the way up the leg. This coin looks to have wear in that area. It doesn't even seem like it could be glare or reflection of any kind. Personally, I see it as an EF coin.
Pillar of the Community
United States
1203 Posts
 Posted 04/09/2005  11:03 pm  Show Profile   Bookmark this reply Add OldDan to your friends list Get a Link to this Reply
I would say the seller was lucky that the bid had gone all the way up to $36.00

Sure wouldn't want to pay any more than that myself.
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Mike's Avatar
United States
2884 Posts
 Posted 04/10/2005  12:34 am  Show Profile   Bookmark this reply Add Mike to your friends list Get a Link to this Reply
grovey,
This is what Heritage is saying about 44-S Walkers in MS66 All are PCGS, I could not find any NTC'S. I wanted you to see the prices below to compare against...Mike
There seems to be a glare on the leg and also on the breast feathers, be careful!

Description
1944-S 50C MS66 PCGS. (#6623) (Registry values: N1793)


Previous Prices from Heritage Auctions
Lot Date Grade Service Realized
Sale 368, Lot 5929 Friday, March 25, 2005 66 PCGS $1,265.00
Sale 25022, Lot 13920 Tuesday, February 8, 2005 66 PCGS $1,573.20
Sale 65014, Lot 24230 Saturday, January 22, 2005 66 PCGS $1,672.10
Sale 25013, Lot 11417 Tuesday, January 18, 2005 66 PCGS $1,696.25
Sale 360, Lot 7852 Saturday, January 15, 2005 66 PCGS $3,220.00
)



Price Guide*
Grade Coin World(Trends) NumismediaRetail NumismediaWholesale NumismediaNGC (nmn) NumismediaPCGS (nmp) CoinUniverse
65 $750 $880 $700 $625 $625 $950
66 $2,500 $3,280 $2,625 $2,500 $2,500 $3,000
67 --- $15,280 $11,750 $11,000 $11,000 $17,500



Population Guide
Service Grade Population Population of Higher Grade Total Population Mintage
PCGS 66 222* 5* 7,341 8,904,000
NGC 66 116 4 4,429


Edited by Mike
04/10/2005 01:25 am
Valued Member
zakgold's Avatar
United States
382 Posts
 Posted 04/10/2005  06:02 am  Show Profile   Bookmark this reply Add zakgold to your friends list Get a Link to this Reply
You will NOT see any NTC slabs on Heritage or any decent auction house. They only deal with grading companies that actually grade consistently!
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SFDukie's Avatar
United States
980 Posts
 Posted 04/10/2005  1:45 pm  Show Profile   Bookmark this reply Add SFDukie to your friends list Get a Link to this Reply


Price Guide*
Grade Coin World(Trends) NumismediaRetail NumismediaWholesale NumismediaNGC (nmn) NumismediaPCGS (nmp) CoinUniverse
65 $750 $880 $700 $625 $625 $950
66 $2,500 $3,280 $2,625 $2,500 $2,500 $3,000
67 --- $15,280 $11,750 $11,000 $11,000 $17,500
[/quote]
Hi Mike,
The numismedia columns NGC and PCGS are for coins graded by those firms? what do nmn and nmp denote? Why are the NGC and PCGS numismedia quotes lower than "numismedia wholesale"?
Thanks!
Don
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ageka's Avatar
Belgium
2078 Posts
 Posted 04/10/2005  1:54 pm  Show Profile   Bookmark this reply Add ageka to your friends list Get a Link to this Reply
I have seen enough velvet lined cabinets with drawers too small in height to consider that this may have been a slider before it was slabbed
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Mike's Avatar
United States
2884 Posts
 Posted 04/10/2005  3:30 pm  Show Profile   Bookmark this reply Add Mike to your friends list Get a Link to this Reply
SFDukie, all the abbreviations stand for is Numismedia NGC, and Numismedia PCGS. They both advertise their price sheets together on certain sites and use those letters to distinguish them. All prices posted are supposed to be average retail and supposedly the Numismedia Wholesale is Wholesale but none of these hold up to auction relized prices except for the extreme realized prices always end up on the coin universe list!! Mike...the prices are always quite varied and I use a combination of those and auction price realized when buying a coin. Mike
Pillar of the Community
United States
2724 Posts
 Posted 04/10/2005  5:18 pm  Show Profile   Bookmark this reply Add national dealer to your friends list Get a Link to this Reply
Grovey, I know that you love these Walkers but I highly recommend that you leave this one alone. Ask the seller if he will guarantee the MS-66 grade from PCGS. If they say NO, never visit their items again. From the description and quoting the coin values guide, they should agree with the grade. So ask for a guarantee or the value difference when it comes back MS-61.
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catman's Avatar
United States
954 Posts
 Posted 04/10/2005  7:55 pm  Show Profile   Bookmark this reply Add catman to your friends list Get a Link to this Reply
Hi All,

Here I go again. I'm going to take the opposite side of everyone on this piece. I think its a strong MS-63 and maybe a 64.

All the high points are strong except for part of the eagles leg which appears to me to be a weak strike not wear. As a raw piece it would sell for about $100.00 and I wouldn't have a problem paying that amount for this piece.

The breasts are real sharp, The neck garment is sharp, skirt lines are complete and sharp, Eagles breast and wing tips look good as well.

catman
Valued Member
grovey's Avatar
United States
440 Posts
 Posted 04/10/2005  9:46 pm  Show Profile   Bookmark this reply Add grovey to your friends list Get a Link to this Reply
I just sent this email..Will see what the response is...Thanks for the advice..you folks are probably saving me from big mi$takes. And getting some good education along the way.

Hi, I have a question about the grade on this coin will you guarantee a ms66 grade from PCGS ?.From the description and quoting the coin values guide, you should agree with the grade. So I am asking for a guarantee or the value difference if it grades lower.
Thank you
Gil

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Morgan Fred's Avatar
United States
2684 Posts
 Posted 04/10/2005  10:20 pm  Show Profile   Bookmark this reply Add Morgan Fred to your friends list Get a Link to this Reply
For some reason, this seller really puts his trust in NTC; most of his current auctions are for NTC slabbed coins. Given that NTC grades two to four points higher than the standard (sometimes more), I might presume that this seller knows this, but chooses to auction at the higher grades with the hope that he'll get more money. I'd stay away from him if for no other reason that sometimes NTC slabs cleaned and sliders graded as MS; it would be a crap shoot even though it's tempting to bid on some of his slabs at lower grade prices.
Pillar of the Community
United States
2724 Posts
 Posted 04/11/2005  05:44 am  Show Profile   Bookmark this reply Add national dealer to your friends list Get a Link to this Reply
Fred is right. NTC is NOT a recognized industry standard. Until you are very good at grading coins, stick with the four (NGC,PCGS,IGC,Anacs) that the coin industry recognizes as consistent in their grading and are actively traded sight-unseen by dealers.
While some smaller grading companies may be "okay" in sight seen buying, this should only be done in person. Never by photograph.
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zakgold's Avatar
United States
382 Posts
 Posted 04/11/2005  06:28 am  Show Profile   Bookmark this reply Add zakgold to your friends list Get a Link to this Reply
I have seen sellers that seem to sell their coins exclusively graded by NTC. I always felt that a "deal" was done between the seller and NTC for large lots of coins where many of the coins are mostly 2-4 points over graded...minimum.

Remember, NTC is the same "grading" company that graded this:

Walking-Liberty-Half-MS-66-Email-Answered
Edited by zakgold
04/11/2005 06:29 am
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