Despite collecting big Silver for years....

Despite collecting large Silver coins for years, I have NEVER had a Walker Half. Figured it was time to remedy that--just picked up this nice toned example from an auction. Figured this was a really good looking coin, and a decent low mintage date, so why not? Loved the toning, and look forward to picking up a few Walkers in the future.

 

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Oops think I better hold my comment. But IMO you could easily find better.

 

I like Walkers also. Nice coin.

 

nice coin!

 

With vanishingly few exceptions this might be said of any coin. I like it, nice coin, what kind of slab is it in?

 

Good for you. Everyone should buy at least one Walker and if you don't fall in love with the series you can always go back to something else. :thumb:

 

Ngc ms 64. I am so enjoying getting a coin out of my collection patterns: Morgans, Modern Commens, Kennedys, Franklins, and Seated Coinage. I have no idea why I've never gone for Walkers, as I do collect Proof Silver Eagles.

 

OK now that you have said the grade I will state my first thought. Nice AU coin that has in my opinion been over-graded. It shows the classic shadow line down the obverse of a rubbed coin but I have found many of them are now market graded to MS63 or MS64 as there is a lot more money in those grades.
Sorry if the opinion rubs some the wrong way but as you look at more of them I think you will see what I mean. As a data point of my opinion realize that I have sets of this series in both circulated to AU grades and a late date set in MS grades all professionally graded to compare coins to.

 

OH please--if you don't have anything positive to say--DON"T say it. You are wrong--it is a gorgeous coin, and nowhere near looking AU. I held my tongue, but hard for you to judge without looking at it. Sorry but you're no expert. I didn't post it as a "guess the grade--" merely sharing a coin that I liked. Oh, yes, and to add: I guess NGC should call you for grading advice.

 

I agree with LindeDads assessment and I am in no way here to knock your coin. I think it is a nice coin but like many series the "standard" is not what it use to be. I am by no means an expert on this subject but I have listened to many people who I would consider experts. I would also add that just because PCGS and NGC will grade all US coins, does not make them the experts either. I know many collectors that I would trust over the TPG any day of the week and in fact the TPGs feel the same way because they actively solicit the help of some collectors and dealers for proper attribution.

If you don't believe me, ask any dedicated seated or bust collector how many times PCGS and NGC have messed up the variety attribution.

 

I am sorry MorganDude. I have to agree with Jhinton and Lindedad. AU58 that has become 64 because of changing grading standards. The luster break is what seals it for me. Maybe Doug will chime in. I had this same conversation in this thread:
http://www.cointalk.com/t208201/

 

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So who are you going to believe ?
TPG's are trained to grade coins and most have long term experience. I highly doubt that they have the time or desire to coorespond with collectors or dealers for advice.

 

Not getting into a grading war. I didn't post the coin for opinion of grade--I posted it showing what I thought and think to be a nice coin. There is NO way that NGC would blow that many grades--perhaps 1 or 2 possibly, but the coin is NOT an AU coin--I have it in hand and can see it. Could it on any day be a 62 or 63 on another submission? Of course--we have all had that experience. However, it is not a circulated coin--my expertise is as good as anybody else's in safely determining that. Misgrades from PCGS or NGC are not as massive as that, despite arguments to the contrary. Sorry I posted this thread, as obviously, some folks thought it was a "guess the grade" thread, and it isn't.

 

I don't think he would be interested in being my personal collector/picker but I would rather have Doug's opinion on a coin than any TPG. I

 

I understand and I like the coin. I also see wear. So I like the coin but not the holder. Also, TPGs to blow that make grades. Ever heard of AU64? Anyways, I enjoy seeing your NEWPs, keep them coming.

 

Opinions wanted or not, I'll give mine. The images make the toning on the high points look like wear. Can't see NGC blowing it that bad. 63-64 sounds about right to me.

 

hehehee--it is still NOT an AU coin. There is no rub or luster break--there's only so much you can get from photos. What it is is a toned coin--lots of golden toning, and not a strong strike.

 

No one said it was a "circulated coin". Lindedad said nothing more than "rubbed coin"... big difference. Just because he (respectfully) said its an AU grade (slider) in his opinion, this in no way means he said it was circulated. Considering the type, chances are its nothing more than roll friction, which is market accepted and rarely taken into consideration when a TPG assigns the grade. Now, just because roll friction is considered acceptable, it does not mean everyone agrees. That said, you clearly like the coin and that is all that really matters.

 

Thank you for your clarity. That is an explanation that makes far more sense to me than a perception that it is "AU" based on one photograph, which was not an easy one to shoot, given the tone and the brightness of the coin--it has tons of luster under a fairly heavy golden tone. Grading from a photograph is often difficult--just plain reflection from the slab can make a coin's surface to look irregular. SInce I have no special "box" for photographing coins, I don't have the time to set up an optimum condition for capturing a perfect image. If the coin does not appear solidly MS 64, it is probably my photograph. I do have a Morgan Dollar template, and have had some studio work done on the high end Morgans, but time just doesn't allow me to do so for every single coin, given my business objectives. Your response was intelligent, and not knee-jerk, and it is greatly appreciated.

 

Morgandud11 I am sorry that you do not like my opinion of your coin but if we all have to only voice praise for all the coins that are posted the forum becomes rather a waste of time and effort. Often the post that we learn the most from are the ones that contradict our opinions.

Realize that I have been looking at this series on computer screens since we were running Window 96 or so and you will realize that what I am saying is that the standard has moved and a few of use remember where it was at one time. Part of the reason I post on this forum is that it is not sponsored by one of the TPG and we can voice our opposition to them without being banned. But keep in mind that I see the real need for certification of coins as they give the novice collector a safe guard of the coin being real and in most cases graded to the market standard for that series.

Again so the air is clear I am not bashing you or your feelings for the coin only expressing my personal view on this one coin and the grading of it.

BTW i noticed that I have a couple of them too.