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If You Were Going to Collect Walking Liberty Half Dollars....
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<p>[QUOTE="RedTiger, post: 774484, member: 19098"]I am doing a low grade set in a Dansco album, and a short set (1941 on) in slabs MS62/63/64.</p><p><br /></p><p>Prices on the common dates has gone down a bit over the last ten years. The earlier dates have held up well. Taken as a complete set, Walker and Mercs are two of the poorer performers over the last ten years. Perhaps only classic commems have done much worse, again, as a complete set. PCGS compiles a lot of this information in their PCGS3000 coin index. As always, going forward no one knows.</p><p><br /></p><p>I see the advice repeated so often, that I will repeat my stand, that until a person learns to grade, and learn it well, the cliche "buy the best grade you can afford," is perhaps the most dangerous and worst advice a person can take. Really.</p><p><br /></p><p>Why is that? Because until a person learns to grade, they will not know what they are buying and are ripe for the plucking. It typically takes years to learn the subtleties of grading mint state coins. Novices taking this terrible advice are good news for dealers with marginal coins to move, or dealers that are good at talking with average coins marked at premium price. I would guess those are the two main reasons the cliche gets repeated so often, because it means a big pay day for those with coins to sell. Most novices won't know they got taken until much, much later.</p><p><br /></p><p>As always, there is no right or wrong answer. However, it can be a good idea to glance over the prices in various grades before deciding on a way to proceed.[/QUOTE]</p><p><br /></p>
[QUOTE="RedTiger, post: 774484, member: 19098"]I am doing a low grade set in a Dansco album, and a short set (1941 on) in slabs MS62/63/64. Prices on the common dates has gone down a bit over the last ten years. The earlier dates have held up well. Taken as a complete set, Walker and Mercs are two of the poorer performers over the last ten years. Perhaps only classic commems have done much worse, again, as a complete set. PCGS compiles a lot of this information in their PCGS3000 coin index. As always, going forward no one knows. I see the advice repeated so often, that I will repeat my stand, that until a person learns to grade, and learn it well, the cliche "buy the best grade you can afford," is perhaps the most dangerous and worst advice a person can take. Really. Why is that? Because until a person learns to grade, they will not know what they are buying and are ripe for the plucking. It typically takes years to learn the subtleties of grading mint state coins. Novices taking this terrible advice are good news for dealers with marginal coins to move, or dealers that are good at talking with average coins marked at premium price. I would guess those are the two main reasons the cliche gets repeated so often, because it means a big pay day for those with coins to sell. Most novices won't know they got taken until much, much later. As always, there is no right or wrong answer. However, it can be a good idea to glance over the prices in various grades before deciding on a way to proceed.[/QUOTE]
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If You Were Going to Collect Walking Liberty Half Dollars....
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