Stupid, stupid, stupid

Discussion in 'What's it Worth' started by lincoln64, Jul 20, 2004.

  1. lincoln64

    lincoln64 New Member

    Okay, I got a little over zealous while surfing ebay. I saw a really primo looking Walking Liberty and the phrase "COA included". The auction was going to close in less than a minute so I scrolled down to the bid box and saw that it was at $10.50. I quickly placed a bid, clicked on the submit button and refreshed the screen. I Won!! Unfortunately I was so impressed with the coin I neglected to look at the date. I didn't even know they made a 1987 Walking Liberty!!

    I'm guessing this is a replica, although I don't see the word anyplace. So, does this thing have ANY value?

    You can see it at the URL below:

    http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&rd=1&item=3920964773&ssPageName=STRK:MEWN:IT
     
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  3. mitchell

    mitchell Senior Member

  4. Tre

    Tre Member

    I have one of those, dated 1996. It was bought from Littleton Coin Company for me by my parents as a birthday present when I first started collecting coins.

    As far as I can tell, (or believe, at least) it is legit. Not meant for circulation, but legit.
     
  5. Pennycase

    Pennycase New Member

    It isn't the walking liberty half dollar that you thought it was, I suspect, if you would read down further , it states that it is a Dollar coin, it is mainly considered silver bullion....I bought my 2004 silver eagle for 10.50, so no, you didn't get ripped off....
     
  6. Osiris X

    Osiris X New Member

    Lol, i got my silver eagles *1935 and 1944* for 10
     
  7. satootoko

    satootoko Retired

    Quite an accomplishment, in light of the fact that the Silver Eagle was first minted in 1986. :confused:
     
  8. GDJMSP

    GDJMSP Numismatist Moderator

    I think that was a bit of sarcasm there by Osiris X :D
     
  9. Osiris X

    Osiris X New Member

    Lol, I only saw the front of the coin. Which resembled my walking liberty coins. I just that "silver eagle" was a nick name for it. Sorry, new to coin collecting.
     
  10. Pennycase

    Pennycase New Member

    Good, I get to throw in sarcasm too, if that's what you wanna call it, I get xf examples of WALKING HALFS for about 2.96 ea by the roll :D I get sliders for about 7 dollars for commen dates by the roll. Here comes the real sarcasm, and I don't wanna make this an insult or nothing, just sarcasm, good buy there osiris..... Gotta love my coin hookup :D
     
  11. Osiris X

    Osiris X New Member

    Lol, i gotta get the coin lingo down first before i start posting.
     
  12. Pennycase

    Pennycase New Member

    That's alright, when I first started collecting, and first started purchasing coins, I saw an ad for some cull indian cents for 1.50 a piece, needless to say I was depressed for a month from thinking that cull ment average circulated....It happens.
     
  13. lincoln64

    lincoln64 New Member

    Boy is my face red!! :D
    Guess I'm pretty much in the wrong hobby if I can't tell the difference between a dollar and a half dollar. Nice to know I didn't get stuck with a replica, even if I did get blasted on the price. Someday it will go up though.
    I can see I came to the right place for help.

    Thanks for the info!!

    Lincoln64
     
  14. National dealer

    National dealer New Member

    $10.50 isn't that bad of a price. You have found a good site to learn about coins. Many here are very knowledgeable, and more importantly are willing to share that knowledge.
     
  15. ziggy29

    ziggy29 Senior Member

    If this is the "stupidest" coin buy you ever make, then you will be VERY blessed! It may not have been what you expected, but the price wasn't too bad in any event.
     
  16. mitchell

    mitchell Senior Member

    Ziggy sure hit the nail on the head. I am a guy that almost paid $120 for a $15 Morgan replica a scammer was implying was a GSA Morgan.
     
  17. JBK

    JBK Coin Collector

    You lucked out on this one. For what it is worth your dollar even comes in an envelope postmarked on the first day of the SE issue for that year. Not sure if that is worth anything to anyone, but it doesn't hurt.
     
  18. lincoln64

    lincoln64 New Member

    I got the coin in the mail today. It's in a nice protective folder (maroon cardboard) with the words:
    1987
    WALKING LIBERTY
    U.S, SILVER DOLLAR
    printed in gold

    When you open the folder there is an envelope with the coin. When you open the envelope there is a COA card with a hole in it for holding the coin. There is a thin clear plastic sheet on both sides of the card. The plastic is not attached to anything they are just sheets.

    The problem is that the coin is held in place (on the reverse side) with a strip of clear adhesive tape. There is some "toning" around the edge, except where the tape contacts the coin.

    My question is, Should I remove the tape? Doing so will damage the cardboard holder by peeling away the outer layer of the paper. If I take the tape off it will likely leave some adhesive on the coin. If I leave the tape on the coin will continue to tone and have a stripe from the tape on it.

    Any suggestion??

    PS the coin looks really good and has a profflike appearence
     
  19. GDJMSP

    GDJMSP Numismatist Moderator

    Let me get this straight - the tape is applied directly to the coin ? If it is - I would do one of two things. I'd either keep it as is and count it as a lesson learned. Or I'd take to to a coin shop - tell the owner I want trade it in on a plain unpackaged 1987 ASE - pay the difference & and take the new coin home and put it in an AirTite.
     
  20. lincoln64

    lincoln64 New Member

    So...what I wound up doing was, using an x-acto knife, cut the tape between the coin and the holder. The tape came off the coin cleanly and the coin won't need cleaning. I still have the first-day-of-issue envelope, the cardboard holder and the COA, and I'm going to put the coin in a holder. So if I decide to list it on eaby, down the line, I'll just retape it (including the retaping part in the item description, of course), and all should be well.
     
  21. satootoko

    satootoko Retired

    [​IMG]
     
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