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Walkerfan

Member: Seasoned Veteran
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Posts posted by Walkerfan

  1. On 3/7/2022 at 10:17 AM, RWB said:

    Was his set draped in the ANA flag and wheeled out on a Gerbil-drawn caisson?

    Some of the prices, such as the 21-D, I think were higher long ago.

    I said ‘honorable’ because some people are too lazy or dishonest to remove their set, once it’s sold. 
     

    Oddly enough, RCW now has the 1921-D listed on eBay for $34600, so they must’ve been the winner/high bidder.

  2. Sold through DLRC with No Reserve. 

    I thought that was a risky move but he appeared to do QUITE WELL.  

    Some Highlights:

    1916-S 64 CAC sold for $4700

    1920-D 64 sold for $8250

    1921-D 64 CAC sold for $23250

    1923-S OGH 64 sold for $8750

    I can't remember the other results.

    I also can't share a link, as I don't see where there is an 'archive' function, on their site, anymore.

    Did anyone else notice this auction and, if so, what were your thoughts?

  3. On 12/14/2021 at 3:42 PM, RWB said:

    Congratulations on completing a very difficult set!

    It might be of interest that on Dec 7, 1922 30,000 new haves were transferred from SF to St. Louis, 50,000 new halves from Denver to Boston, and 100,000 new halves from Denver to New York. With no new halves made in 1922 it is likely these coins were either 1920 or 1921 date pieces. If dated 1921 it means that Denver transferred 2/3 of its total mintage to Boston and NYC -- where they almost certainly entered holiday circulation. [RG50 E-89A Vol 1. "Transfers of gold, silver and minor coins."

    Thank You!!  And, yes, that is an extremely interesting piece of information!!  (thumbsu  

  4. On 10/23/2021 at 4:25 PM, 124Spider said:

    To me, "rare" implies "difficult to find," not just expensive.  If I wanted to buy a 1916 standing Liberty quarter in XF40, I would have to look long and hard for one for sale (typically); that's "rare," to me.

    OTOH, a coin like the 1889-CC Morgan dollar is quite expensive, but readily available in most any condition (short of top pop, of course).

    Perhaps it's as simple as there are very few 1916 standing Liberty quarters, in absolute numbers, and, even though there are few people looking for them, the demand always outstrips the supply (because there are so few of them).  So it's "rare."  But there are lots and lots of the semi-key date Morgans, whose prices are kept up by strong demand, but there's always a ready supply because there are so many of them.  Not "rare," as I think of the term, but "expensive" because of market forces.

    That’s correct.  1916 standing liberty quarter is far more available in mint state than it is XF.  So yes, it is only expensive, in mint state, but it is truly rare in extremely fine.

  5. On 10/23/2021 at 3:36 PM, 124Spider said:

    Yeah, when you're talking rare coins, I agree.  Right now, I'm just chasing non-rare coins that cost a lot of money; I'm confident that they're available whenever I care to buy, and that there are enough of them that the market is fairly steady.

    I have chased a few rare coins (e.g., the fairly high-grade buffalo nickel I mentioned earlier), and I do strike when I find what I'm looking for.

    But I am a bit mystified as to why some very expensive coins aren't rare (e.g., semi-key date Morgan dollars), and some fairly rare coins aren't so very expensive (fairly high-grade 1942/41 Mercury dimes).

    The semi-key date Morgans were usually saved, in decent numbers, when compared to other series, either by collectors or by the government.  What makes them rare is the demand versus the supply, as there are a large number of Morgan collectors and not enough coins to go around.