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11-02-2009, 12:34 PM
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#1 (permalink)
| | Online Dealer & Analyst
Join Date: Aug 2009 Location: Los Angeles, CA
Posts: 1,438
My Mood:  | 1921-D Walking Liberty at PCGS
Hey guys, just posting this to let you all know that my 1921-D Walking Liberty is being graded by PCGS.
Hopefully within the next few weeks I'll have it back with a grade or without a grade.
I'll keep you all posted via this thread on it.
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Wisdom from the Bull & the Bear(BNB): "Always find the true value of your investment. How you may ask? By seeing what others like us are willing to pay for that same item. Forget dealer's opinions and price guides; the real value comes from what we're willing to pay from sites like ebay or heritage.."
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11-02-2009, 12:35 PM
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#2 (permalink)
| | Dental Student
Join Date: Mar 2006 Location: Oregon
Posts: 5,374
My Mood:  |
I can't wait to hear what they have to say.
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11-02-2009, 04:14 PM
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#3 (permalink)
| | 1909 Collector
Join Date: Jul 2009 Location: Calabasas, CA
Posts: 1,088
My Mood:  |
How about posting your pics of the coin again so we can all take another last look before it's entombed in plastic??
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11-02-2009, 11:10 PM
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#4 (permalink)
| | Numismatist
Join Date: Apr 2005
Posts: 5,617
My Mood:  |
You should have just updated the first thread, IMO.
Good luck with the submission.
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11-03-2009, 12:26 AM
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#5 (permalink)
| | chip
Join Date: Jun 2009 Location: Northern Illinois
Posts: 583
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I have heard that with key dates they give it a market bump, just what I have heard, so who knows it may get a fine?
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E Pluribus FUN!
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11-03-2009, 12:29 AM
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#6 (permalink)
| | 1909 Collector
Join Date: Jul 2009 Location: Calabasas, CA
Posts: 1,088
My Mood: | Quote:
Originally Posted by Leadfoot  You should have just updated the first thread, IMO.
Good luck with the submission. | I thought that thread was closed and locked?? Maybe I'm thinking of one of the other threads though  | |
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11-03-2009, 12:35 AM
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#7 (permalink)
| | Defender of Old Coinage
Join Date: Jul 2009 Location: Northern California
Posts: 808
My Mood:  |
Good luck with your grading sub BNB. What is it about 1921 that makes everyone want a Walker, Morgan or Peace dollar with that year. what gives?
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11-03-2009, 12:42 AM
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#8 (permalink)
| | Dental Student
Join Date: Mar 2006 Location: Oregon
Posts: 5,374
My Mood: | Quote:
Originally Posted by fretboard Good luck with your grading sub BNB. What is it about 1921 that makes everyone want a Walker, Morgan or Peace dollar with that year. what gives? | Well, 1921 has key dates for both Walker Halves and Peace Dollars.
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11-03-2009, 01:12 AM
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#9 (permalink)
| | Village Idiot
Join Date: Jul 2003 Location: Chicago
Posts: 2,493
My Mood:  | Quote:
Originally Posted by CamaroDMD Well, 1921 has key dates for both Walker Halves and Peace Dollars. | don't forget Mercury Dimes and Standing Liberty Quarters! Nearly every coin from 1921, with the exception of Morgans is a key date.
__________________
Begin somewhere. You can not build a reputation on what you intend to do. - Liz Smith - Gossip Columnist
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11-03-2009, 01:12 AM
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#10 (permalink)
| | Numismatist
Join Date: Apr 2005
Posts: 5,617
My Mood: | Quote:
Originally Posted by illini420 I thought that thread was closed and locked?? Maybe I'm thinking of one of the other threads though | Man, I miss all the good stuff.  | |
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11-03-2009, 01:22 AM
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#11 (permalink)
| | Dental Student
Join Date: Mar 2006 Location: Oregon
Posts: 5,374
My Mood: | Quote:
Originally Posted by mikenoodle don't forget Mercury Dimes and Standing Liberty Quarters! Nearly every coin from 1921, with the exception of Morgans is a key date. | That's true, I didn't mention that because of the previous poster's statements...but you are correct.
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11-03-2009, 06:40 PM
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#12 (permalink)
| | doggone it people like me
Join Date: Jul 2006
Posts: 3,806
My Mood:  | Quote:
Originally Posted by fretboard What is it about 1921 that makes everyone want a Walker, Morgan or Peace dollar with that year. what gives? | 1921 Morgans are nothing special. Why ? Ultra-high mintage.
Since a dollar has more silver than any other coin, and they made so many $1s in 1921, the mint had less silver to budget for other denominations. Thus 1921 can be a key date.
But not for Morgans.
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11-03-2009, 07:13 PM
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#13 (permalink)
| | 1909 Collector
Join Date: Jul 2009 Location: Calabasas, CA
Posts: 1,088
My Mood: |
I'd rather have a 1921 $20 Saint Gaudens
Still waiting for the grade on this '21-D Walker though. PCGS has their current turnaround estimate of any economy submission at 35 business days!!! The regular service is only taking 17 business days though! Guess we better be patient.
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11-03-2009, 07:22 PM
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#14 (permalink)
| | Numismatist
Join Date: Nov 2005
Posts: 4,472
| Quote:
Originally Posted by mikenoodle don't forget Mercury Dimes and Standing Liberty Quarters! Nearly every coin from 1921, with the exception of Morgans is a key date. | I knew that but never really gave it much thought. The Mercury Dimes were the 2nd lowest mintages that year. Now for Lincoln Cents there was no big thing in the 21's. And with the Indian Head/Buffalo Nickel the 21S too is rather up there with the rest of the rarer ones. So what was going on in 1921 that effected some but not all coins?
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11-03-2009, 09:45 PM
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#15 (permalink)
| | Numismatist
Join Date: Sep 2002
Posts: 4,446
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The economy was going trough and economic slump after the end of the first world war. (Typically the economy goes through a down turn after the end of a war. All the money being spent on war production dries up, orders are canceled, with canceled order factories lay off workers, and then at the same time the labor market explodes with all the returning soldiers. With so much excess labor available wages decline. Result recession. ) With the economy in a recession a lot fewer coins are needed and so mintages fall. And it wasn't just a single year thing either. Mintages were low in 21 but no nickels, dimes, quarters or halves were struck in 22 and cent production dropped in 22 as well with a low mintage from a single mint. About the oly place that wasn't affected was the mint which had plenty of silver and a mandate to strike and replace the 260 million dollar coins melted under the Pitman Act. So the mint had PLENTY of work even if the county didn't need coins.
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