1921-D Walking Liberty at PCGS

I still think you should strongly consider returning the coin. The seller sold it to you as a coin graded fine. The price you paid was a steal for a "fine" coin, but somewhat high for a "good" coin. There are many more '21-D Walkers out there so I'd stick this one back to the seller if you can. Now that you have a little more experience you can then buy a true VG or F coin from a more honest seller.

 

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that was kind of the reason that it went so low. people that knew 21-D walkers knew that it wasn't a fine, and so you have people that either graded it accurately and bid low, or people that slightly overbid the coin which eventually won. that's kind of the way auctions work. sometimes they are not accurate reflections of the market.

 

Sorry guys, I'm sick so please bare with me, hopefully I'll beat this cold today..

Mike, if you're saying I could find many other 21-D's, can you provide me a few links? Because I can't seem to find any on ebay or heritage that are fair priced certified examples.

The reason I may keep this is because it is my first coin I had certified. It's a story within a story.

 

If your happy with the price you paid then that's fine. I would personally have sent it back...but I would argue that you didn't overpay.

Looking at Heritage, they have 4 G6 1921-D Walkers graded by PCGS in their auction archive. Those sold for $325.45, $373.75, $345.00, and $402.50...all were sold since June of 2007. So, I think your price was in line with what they are selling for.

http://coins.ha.com/common/search_r...SI_Titles&N=51+790+231+375+62+1582+4294967176

 

I did leave a neutral feedback for GSC. Here's the link:

http://feedback.ebay.com/ws/eBayISA...sspagename=VIP:feedback&ftab=FeedbackAsSeller

"Was advertised as F but PCGS graded as a G-6. GSC known for overstating grades."

 

The one currently for sale at Heritage (http://coins.ha.com/common/view_item.php?Inventory_No=800026990) is only NGC G-6, but BIN $357.50 and has been bid up to $290.

 

Grey sheet has it listed at $250 bid but that's G-4 so G-6 may be a little bit more..

HA has recent G-6's at $299 so for $70(including grading), I think this is well worth the educational lesson.

Again, if someone can find me a 21-d priced fairly, I'm all in, but I doubt it since there are not a lot of these on Heritage or at shows(at least the ones I've been to)

 

Pcgs is always a long wait for me, but must of the time it is worth it!

 

Why do you think he could or should return the coin, considering it has been removed from whatever holder it was in when he bought it and the time period that has elapsed? Absent the inclusion of an unconditional return privilege and/or a grade guarantee in the listing, there is no way he should be able to return it now.

Curiously, if the coin had been graded VF by PCGS, would you advocate that they buyer pay extra money to the seller? If not, why should it only be a one way street?

 

i don't think its ever happened that way!

 

Mark, I understand where you are coming from 100%. It was my understanding that BNB had discussed the coin with the seller before submitting it for grading and that the seller agreed he could return the coin if it didn't grade out ot his satisfaction. Perhaps I misunderstood???

BNB, I guarantee there are tons of '21-D Walkers out there. You can find them at just about every coin show, I think we even saw a couple at the small Van Nuys show. Most major shows will have several certified examples as well. Don't really have time to search all the dealer websites to find you more examples of this, but here's a PCGS VG-08 being sold for $365.

http://www.collectorscorner.com/Products/Item.aspx?id=4829622

Maybe you can't find one online today, but I have no doubt you'll be able to find a better coin for the same price you paid if you're willing to take the time to hunt for it.

You mentioned that you already left neutral feedback. If you're not 100% satisfied with your transaction right now, you will NEVER be. If you are not 100% satisfied and you do have an arrangement with the seller where you can return the coin, I'd still go that route.

 

Thanks - I wasn't aware of that. And if that's the case, I understand where YOU are coming from.

 

BNB,

You are asking for a coin at a "fair price". That is a subjective term. The coin that you bought graded correctly as could be judged from the pictures, but not what was stated in the auction. For that reason, most knowledgeable buyers didn't bid the coin any better than a G would have been bid. That's why you won the coin so cheaply.

The price may have been just a tad over market, but it's problem-free so the coin that you bought was indeed purchased at a "fair" price, but not necessarily a low price.

If you're looking for under-priced or under-graded coins, welcome to the club, we all are. Especially with key dates, you will find more over-graded than under so be careful grading them.

Once again I implore you to learn to grade this series for yourself if you are going to continue to buy them. In this manner you can evaluate the coin BEFORE you buy it and probably be a lot happier with your purchases.

I told you that these coins are easy to find. That statement is 100% true. Finding one that you like at a fair price is a different story. Liking something is an individual decision and one that can only be made by the buyer.

Getting a good value when buying a coin is usually only done by knowledgeable buyers. Educate yourself so that you can make good decisions and you will be infinitely more happy with your purchases.

 

:bigeyes: That surprises me.

 

p.s. BbB, please post a pic of the coin again. I couldn't find the old post, and for those of us who don't remember the coin all that well, it would be helpful. Thanks in advance.

 

Once it comes back I will.

 

Here is what he means

 

That one has some spots on it.. Another example of "you get what you pay for" kinda like that 1885-cc morgan we found by Mike Aron at him and his wife's table at the Arcadia show.

Also, I don't think we saw any 21-d walkers at the van nuys shows. If there were, they were uncertified.