What's The Latest With Hansen's Sets?

Manifest_Destiny

DLRC is one of my go to sites and lately I've noticed a lot of Hansen material for sale, including many coins that were crossed to CACG. He's part owner of CACG (and DLRC for that matter) so it makes sense from that perspective but I'm wondering where his collection is headed. Selling off? Crossing to CACG registry? Something else?

AZDAVY

From what I heard selling duplicates, he has a lot😀. Some of his sets are transitioning to cacg.

DisneyFan

He was happily buying hole fillers and now he is selling them.

willy

I just heard today at the ANA that he is moving everything to CACG

DocBenjamin

@Manifest_Destiny said:
DLRC is one of my go to sites and lately I've noticed a lot of Hansen material for sale, including many coins that were crossed to CACG. He's part owner of CACG (and DLRC for that matter) so it makes sense from that perspective but I'm wondering where his collection is headed. Selling off? Crossing to CACG registry? Something else?

Too much influence in a market is often a negative.

winesteven

@DocBenjamin said:

@Manifest_Destiny said:
DLRC is one of my go to sites and lately I've noticed a lot of Hansen material for sale, including many coins that were crossed to CACG. He's part owner of CACG (and DLRC for that matter) so it makes sense from that perspective but I'm wondering where his collection is headed. Selling off? Crossing to CACG registry? Something else?

Too much influence in a market is often a negative.

Perhaps I’m one of only a few, but I see D. L. Hansen as a positive asset to our hobby.

Steve

Manifest_Destiny

@willy said:
I just heard today at the ANA that he is moving everything to CACG

I bet his dipped coins don't get detailed.

winesteven

@Manifest_Destiny said:

@willy said:
I just heard today at the ANA that he is moving everything to CACG

I bet his dipped coins don't get detailed.

Most of my 20th Century silver coins are without toning, mostly highly lustrous blast white. Even though many/most have likely been dipped at some point, apparently it was done gently enough that EVERY coin I have that’s eligible for a CAC sticker has one!

So you’ll be mistaken if you think Hansen’s coins that are highly lustrous and blast white received preferential treatment from CACG. Two additional points: 1) I heard from a VERY reliable source that D. L. Hansen is paying the FULL amount of fees on the thousands of coins that he might cross to CACG, and 2) Hansen is aware that many of his high graded coins will only cross to CACG at grades lower than that on the current holders, but he’s ok with that, as he wants his coins to be “properly graded”, despite taking an expensive “haircut”!

Steve

tradedollarnut

Not a fan of auctions that aren’t auctions

DocBenjamin

@winesteven said:

@Manifest_Destiny said:

@willy said:
I just heard today at the ANA that he is moving everything to CACG

I bet his dipped coins don't get detailed.

Most of my 20th Century silver coins are without toning, mostly highly lustrous blast white. Even though many/most have likely been dipped at some point, apparently it was done gently enough that EVERY coin I have that’s eligible for a CAC sticker has one!

So you’ll be mistaken if you think Hansen’s coins that are highly lustrous and blast white received preferential treatment from CACG. Two additional points: 1) I heard from a VERY reliable source that D. L. Hansen is paying the FULL amount of fees on the thousands of coins that he might cross to CACG, and 2) Hansen is aware that many of his high graded coins will only cross to CACG at grades lower than that on the current holders, but he’s ok with that, as he wants his coins to be “properly graded”, despite taking an expensive “haircut”!

Steve

Your last sentence has me bewildered. Are the coins not already properly graded?

winesteven

@DocBenjamin said:

@winesteven said:

@Manifest_Destiny said:

@willy said:
I just heard today at the ANA that he is moving everything to CACG

I bet his dipped coins don't get detailed.

Most of my 20th Century silver coins are without toning, mostly highly lustrous blast white. Even though many/most have likely been dipped at some point, apparently it was done gently enough that EVERY coin I have that’s eligible for a CAC sticker has one!

So you’ll be mistaken if you think Hansen’s coins that are highly lustrous and blast white received preferential treatment from CACG. Two additional points: 1) I heard from a VERY reliable source that D. L. Hansen is paying the FULL amount of fees on the thousands of coins that he might cross to CACG, and 2) Hansen is aware that many of his high graded coins will only cross to CACG at grades lower than that on the current holders, but he’s ok with that, as he wants his coins to be “properly graded”, despite taking an expensive “haircut”!

Steve

Your last sentence has me bewildered. Are the coins not already properly graded?

No reason to be bewildered. Hansen recognizes that SOME of his coins may not be properly graded, in the opinion of CACG, and he has greater respect for their opinion than the opinion of the TPG’s.

Steve

JCH22

,

DocBenjamin

@winesteven said:

@DocBenjamin said:

@winesteven said:

@Manifest_Destiny said:

@willy said:
I just heard today at the ANA that he is moving everything to CACG

I bet his dipped coins don't get detailed.

Most of my 20th Century silver coins are without toning, mostly highly lustrous blast white. Even though many/most have likely been dipped at some point, apparently it was done gently enough that EVERY coin I have that’s eligible for a CAC sticker has one!

So you’ll be mistaken if you think Hansen’s coins that are highly lustrous and blast white received preferential treatment from CACG. Two additional points: 1) I heard from a VERY reliable source that D. L. Hansen is paying the FULL amount of fees on the thousands of coins that he might cross to CACG, and 2) Hansen is aware that many of his high graded coins will only cross to CACG at grades lower than that on the current holders, but he’s ok with that, as he wants his coins to be “properly graded”, despite taking an expensive “haircut”!

Steve

Your last sentence has me bewildered. Are the coins not already properly graded?

No reason to be bewildered. Hansen recognizes that SOME of his coins may not be properly graded, in the opinion of CACG, and he has greater respect for their opinion than the opinion of the TPG’s.

Steve

And I would suggest that some coins that are currently properly graded will be improperly graded by the new house.

That is how the circle of plastic works.

Now I am bewitched.

winesteven

@DocBenjamin said:

@winesteven said:

@DocBenjamin said:

@winesteven said:

@Manifest_Destiny said:

@willy said:
I just heard today at the ANA that he is moving everything to CACG

I bet his dipped coins don't get detailed.

Most of my 20th Century silver coins are without toning, mostly highly lustrous blast white. Even though many/most have likely been dipped at some point, apparently it was done gently enough that EVERY coin I have that’s eligible for a CAC sticker has one!

So you’ll be mistaken if you think Hansen’s coins that are highly lustrous and blast white received preferential treatment from CACG. Two additional points: 1) I heard from a VERY reliable source that D. L. Hansen is paying the FULL amount of fees on the thousands of coins that he might cross to CACG, and 2) Hansen is aware that many of his high graded coins will only cross to CACG at grades lower than that on the current holders, but he’s ok with that, as he wants his coins to be “properly graded”, despite taking an expensive “haircut”!

Steve

Your last sentence has me bewildered. Are the coins not already properly graded?

No reason to be bewildered. Hansen recognizes that SOME of his coins may not be properly graded, in the opinion of CACG, and he has greater respect for their opinion than the opinion of the TPG’s.

Steve

And I would suggest that some coins that are currently properly graded will be improperly graded by the new house.

That is how the circle of plastic works.

Now I am bewitched.

I agree that CACG is not perfect, as they too are human beings dealing with subjectivity. My sense though (belief), along with that of some others, is that their grading talent and training by JA will be preferred when indeed there are differences.

Steve

Manifest_Destiny

@DocBenjamin said:

@winesteven said:

@DocBenjamin said:

@winesteven said:

@Manifest_Destiny said:

@willy said:
I just heard today at the ANA that he is moving everything to CACG

I bet his dipped coins don't get detailed.

Most of my 20th Century silver coins are without toning, mostly highly lustrous blast white. Even though many/most have likely been dipped at some point, apparently it was done gently enough that EVERY coin I have that’s eligible for a CAC sticker has one!

So you’ll be mistaken if you think Hansen’s coins that are highly lustrous and blast white received preferential treatment from CACG. Two additional points: 1) I heard from a VERY reliable source that D. L. Hansen is paying the FULL amount of fees on the thousands of coins that he might cross to CACG, and 2) Hansen is aware that many of his high graded coins will only cross to CACG at grades lower than that on the current holders, but he’s ok with that, as he wants his coins to be “properly graded”, despite taking an expensive “haircut”!

Steve

Your last sentence has me bewildered. Are the coins not already properly graded?

No reason to be bewildered. Hansen recognizes that SOME of his coins may not be properly graded, in the opinion of CACG, and he has greater respect for their opinion than the opinion of the TPG’s.

Steve

And I would suggest that some coins that are currently properly graded will be improperly graded by the new house.

That is how the circle of plastic works.

Now I am bewitched.

That's why we have stickers. Stickers solve all those problems.

DocBenjamin

@Manifest_Destiny said:

@DocBenjamin said:

@winesteven said:

@DocBenjamin said:

@winesteven said:

@Manifest_Destiny said:

@willy said:
I just heard today at the ANA that he is moving everything to CACG

I bet his dipped coins don't get detailed.

Most of my 20th Century silver coins are without toning, mostly highly lustrous blast white. Even though many/most have likely been dipped at some point, apparently it was done gently enough that EVERY coin I have that’s eligible for a CAC sticker has one!

So you’ll be mistaken if you think Hansen’s coins that are highly lustrous and blast white received preferential treatment from CACG. Two additional points: 1) I heard from a VERY reliable source that D. L. Hansen is paying the FULL amount of fees on the thousands of coins that he might cross to CACG, and 2) Hansen is aware that many of his high graded coins will only cross to CACG at grades lower than that on the current holders, but he’s ok with that, as he wants his coins to be “properly graded”, despite taking an expensive “haircut”!

Steve

Your last sentence has me bewildered. Are the coins not already properly graded?

No reason to be bewildered. Hansen recognizes that SOME of his coins may not be properly graded, in the opinion of CACG, and he has greater respect for their opinion than the opinion of the TPG’s.

Steve

And I would suggest that some coins that are currently properly graded will be improperly graded by the new house.

That is how the circle of plastic works.

Now I am bewitched.

That's why we have stickers. Stickers solve all those problems.

They certainly stimulate conversation. A numismatic Viagra, of sorts.

willy

Based on what I have seen from CACG a portion of the Hansen coins will end up in details holders when crossed. I am wondering what will happen with those coins go back to PCGS or sell as details and then replace with a straight graded coin.

Manifest_Destiny

My prediction is: You will never see a Hansen provenance coin in a CACG details holder.

winesteven

@Manifest_Destiny said:
My prediction is: You will never see a Hansen provenance coin in a CACG details holder.

I agree, since I believe that for whatever coins of his ends up "Detailed", he'll eat the loss rather than have someone buy a coin that due to his confidence in CACG, he truly believes warrants the Detailed designation. He recognizes if that coin is sold, that coin would likely be cracked out and submitted to another TPG anticipating a straight grade.

He wants to avoid that, and THAT is one of the reasons he's a positive asset for our hobby!!!!!!

Steve

Manifest_Destiny

@winesteven said:

@Manifest_Destiny said:
My prediction is: You will never see a Hansen provenance coin in a CACG details holder.

I agree, since I believe that for whatever coins of his ends up "Detailed", he'll eat the loss rather than have someone buy a coin that due to his confidence in CACG, he truly believes warrants the Detailed designation. He recognizes if that coin is sold, that coin would likely be cracked out and submitted to another TPG anticipating a straight grade.

He wants to avoid that, and THAT is one of the reasons he's a positive asset for our hobby!!!!!!

Steve

Thanks, I appreciate you input in the thread.

My thought on CACG details coins is that they will remain in PCGS holders. I'm sure the CACG crossovers aren't "cross at any grade". He didn't become a billionaire by eating losses.

DocBenjamin

Quick disclaimer, I am a longtime PCGS fan over CAC/CACG.

Playing out this positive asset hand, if Hansen has concerns about the appropriate grade any of the current PCGS holdered coins, why am I seeing over 800 of them listed on Ebay, mostly listed by DLRC?

Obviously no influence over the other sellers, but certainly with Lawrence.

Thinking this is a marketing gimmick, more than a concern about the brand of plastic.

WAYNEAS

My question is will all those coins that Hansen has crossed to CACG be removed from the Pcgs registry?
Wayne

winesteven

@Manifest_Destiny said:

@winesteven said:

@Manifest_Destiny said:
My prediction is: You will never see a Hansen provenance coin in a CACG details holder.

I agree, since I believe that for whatever coins of his ends up "Detailed", he'll eat the loss rather than have someone buy a coin that due to his confidence in CACG, he truly believes warrants the Detailed designation. He recognizes if that coin is sold, that coin would likely be cracked out and submitted to another TPG anticipating a straight grade.

He wants to avoid that, and THAT is one of the reasons he's a positive asset for our hobby!!!!!!

Steve

Thanks, I appreciate you input in the thread.

My thought on CACG details coins is that they will remain in PCGS holders. I'm sure the CACG crossovers aren't "cross at any grade". He didn't become a billionaire by eating losses.

I may be wrong, but my sense is his crossover submissions are indeed to cross at any grade. That's how he feels about our hobby!!!! He WANTS "correctly" graded coins, based on the opinion of CACG!

If we ever learn the truth, and if I'm wrong, I'll admit it. But if it turns out I'm right, will you concede he's a positive asset for our hobby?

Steve

Manifest_Destiny

@winesteven said:

@Manifest_Destiny said:

@winesteven said:

@Manifest_Destiny said:
My prediction is: You will never see a Hansen provenance coin in a CACG details holder.

I agree, since I believe that for whatever coins of his ends up "Detailed", he'll eat the loss rather than have someone buy a coin that due to his confidence in CACG, he truly believes warrants the Detailed designation. He recognizes if that coin is sold, that coin would likely be cracked out and submitted to another TPG anticipating a straight grade.

He wants to avoid that, and THAT is one of the reasons he's a positive asset for our hobby!!!!!!

Steve

Thanks, I appreciate you input in the thread.

My thought on CACG details coins is that they will remain in PCGS holders. I'm sure the CACG crossovers aren't "cross at any grade". He didn't become a billionaire by eating losses.

I may be wrong, but my sense is his crossover submissions are indeed to cross at any grade. That's how he feels about our hobby!!!! He WANTS "correctly" graded coins, based on the opinion of CACG!

If we ever learn the truth, and if I'm wrong, I'll admit it. But if it turns out I'm right, will you concede he's a positive asset for our hobby?

Steve

I never said he wasn't. I'm just commenting on the CACG resubs and where they're headed. If you're correct, we should see CACG coins in details holders with the Hansen provenance. I don't see that happening.

JCH22

.

Manifest_Destiny

@DocBenjamin said:
Quick disclaimer, I am a longtime PCGS fan over CAC/CACG.

Playing out this positive asset hand, if Hansen has concerns about the appropriate grade any of the current PCGS holdered coins, why am I seeing over 800 of them listed on Ebay, mostly listed by DLRC?

Obviously no influence over the other sellers, but certainly with Lawrence.

Thinking this is a marketing gimmick, more than a concern about the brand of plastic.

I only follow the seated quarters and I've seen my share of over dipped straight graded Hansen coins for sale recently that I'm almost certain wouldn't cross at CACG.

Curiously, I was also able to buy from DLRC an 1858-s AU58 which is better than the coin (AU53) in Hansen's registry set. That's part of what prompted me to start this thread. It's tied as #2 in the CC with only a single mint state example known. It seems like that means the coin either wouldn't cross to CACG, Hansen has the PCGS MS62 CAC in a box somewhere, he's abandoning the PCGS registry and doesn't care about upgrading with PCGS coins right now, or a combination of those.

winesteven

@Manifest_Destiny said:

@winesteven said:

@Manifest_Destiny said:

@winesteven said:

@Manifest_Destiny said:
My prediction is: You will never see a Hansen provenance coin in a CACG details holder.

I agree, since I believe that for whatever coins of his ends up "Detailed", he'll eat the loss rather than have someone buy a coin that due to his confidence in CACG, he truly believes warrants the Detailed designation. He recognizes if that coin is sold, that coin would likely be cracked out and submitted to another TPG anticipating a straight grade.

He wants to avoid that, and THAT is one of the reasons he's a positive asset for our hobby!!!!!!

Steve

Thanks, I appreciate you input in the thread.

My thought on CACG details coins is that they will remain in PCGS holders. I'm sure the CACG crossovers aren't "cross at any grade". He didn't become a billionaire by eating losses.

I may be wrong, but my sense is his crossover submissions are indeed to cross at any grade. That's how he feels about our hobby!!!! He WANTS "correctly" graded coins, based on the opinion of CACG!

If we ever learn the truth, and if I'm wrong, I'll admit it. But if it turns out I'm right, will you concede he's a positive asset for our hobby?

Steve

I never said he wasn't. I'm just commenting on the CACG resubs and where they're headed. If you're correct, we should see CACG coins in details holders with the Hansen provenance. I don't see that happening.

Well, first you said that you bet his dipped coins would not cross as detailed, implying either that CACG would significantly relax their standards for him, OR that he would pressure CACG to do just that.

Then you predict that we will never see a Hansen pedigreed coin in a CACG Details holder, and with the interpretation i chose, i agreed with you and explained why, but possibly you meant a different interpretation - that CACG would never "Detail" any of his coins. I'll be naïve, and assume you meant my interpretation.

Then you indicate that you believe his crossover submissions to CACG will NOT be to cross at any grade, so he will avoid losses due to his business acumen. Maybe you're right, we don't know yet, but I disagree.

With those comments, it appears as though you think his character detracts from him being considered a positive asset to our hobby. Again, maybe you are correct, but maybe not!

Not seeing his pedigreed coins in CACG detailed holders? I tend to agree, but likely for a different reason. If I'm right on the other points, it then depends on what he'll do with those CACG Detailed Hansen coins - will he "permanently" store them to make sure others don't buy them to crack out and then to try to get straight graded at the other TPG's? I don't know, but i would hope so, Will he put them up for sale through DLRC? I would hope not, and I highly doubt he will do that. On the other hand, if your comment about not seeing his coins in Detailed CACG holders is because you think none will be Detailed due to nefarious reasons, then we disagree.

Steve

Manifest_Destiny

@winesteven said:

@Manifest_Destiny said:

@winesteven said:

@Manifest_Destiny said:

@winesteven said:

@Manifest_Destiny said:
My prediction is: You will never see a Hansen provenance coin in a CACG details holder.

I agree, since I believe that for whatever coins of his ends up "Detailed", he'll eat the loss rather than have someone buy a coin that due to his confidence in CACG, he truly believes warrants the Detailed designation. He recognizes if that coin is sold, that coin would likely be cracked out and submitted to another TPG anticipating a straight grade.

He wants to avoid that, and THAT is one of the reasons he's a positive asset for our hobby!!!!!!

Steve

Thanks, I appreciate you input in the thread.

My thought on CACG details coins is that they will remain in PCGS holders. I'm sure the CACG crossovers aren't "cross at any grade". He didn't become a billionaire by eating losses.

I may be wrong, but my sense is his crossover submissions are indeed to cross at any grade. That's how he feels about our hobby!!!! He WANTS "correctly" graded coins, based on the opinion of CACG!

If we ever learn the truth, and if I'm wrong, I'll admit it. But if it turns out I'm right, will you concede he's a positive asset for our hobby?

Steve

I never said he wasn't. I'm just commenting on the CACG resubs and where they're headed. If you're correct, we should see CACG coins in details holders with the Hansen provenance. I don't see that happening.

Well, first you said that you bet his dipped coins would not cross as detailed, implying either that CACG would significantly relax their standards for him, OR that he would pressure CACG to do just that.

Then you predict that we will never see a Hansen pedigreed coin in a CACG Details holder, and with the interpretation i chose, i agreed with you and explained why, but possibly you meant a different interpretation - that CACG would never "Detail" any of his coins. I'll be naïve, and assume you meant my interpretation.

Then you indicate that you believe his crossover submissions to CACG will NOT be to cross at any grade, so he will avoid losses due to his business acumen. Maybe you're right, we don't know yet, but I disagree.

With those comments, it appears as though you think his character detracts from him being considered a positive asset to our hobby. Again, maybe you are correct, but maybe not!

Not seeing his pedigreed coins in CACG detailed holders? I tend to agree, but likely for a different reason. If I'm right on the other points, it then depends on what he'll do with those CACG Detailed Hansen coins - will he "permanently" store them to make sure others don't buy them to crack out and then to try to get straight graded at the other TPG's? I don't know, Will he put them up for sale through DLRC? I would hope not, and I highly doubt he will do that. On the other hand, if your comment about not seeing his coins in Detailed CACG holders is because you think none will be Detailed due to nefarious reasons, then we disagree.

Steve

The first few paragraphs - you're reading too much into it.

Last paragraph - I don't think he'll "cross at any grade". I think those that won't cross will remain in the PCGS holders and get dumped at DLRC. As far as seated quarters go, I've already seen over dipped straight graded dupes being sold there.

winesteven

Or could it be that at this time Hansen did not WANT that rare 1858-S AU58 in his collection, since it apparently did not merit a CAC sticker, and THAT is the reason you were able to buy it from DLRC?

Steve

Manifest_Destiny

@winesteven said:
Or could it be that at this time Hansen did not WANT that rare 1858-S AU58 in his collection, since it apparently did not merit a CAC sticker, and THAT is the reason you were able to buy it from DLRC?

Steve

Sure, ok.

winesteven

@Manifest_Destiny said:

@winesteven said:
Or could it be that at this time Hansen did not WANT that rare 1858-S AU58 in his collection, since it apparently did not merit a CAC sticker, and THAT is the reason you were able to buy it from DLRC?

Steve

Sure, ok.

The 1858-S you showed higher up is a different cert. What happened?

Manifest_Destiny

That's Hansen's AU53, which isn't CAC by the way.

winesteven

@Manifest_Destiny said:

@winesteven said:

@Manifest_Destiny said:

@winesteven said:

@Manifest_Destiny said:

@winesteven said:

@Manifest_Destiny said:
My prediction is: You will never see a Hansen provenance coin in a CACG details holder.

I agree, since I believe that for whatever coins of his ends up "Detailed", he'll eat the loss rather than have someone buy a coin that due to his confidence in CACG, he truly believes warrants the Detailed designation. He recognizes if that coin is sold, that coin would likely be cracked out and submitted to another TPG anticipating a straight grade.

He wants to avoid that, and THAT is one of the reasons he's a positive asset for our hobby!!!!!!

Steve

Thanks, I appreciate you input in the thread.

My thought on CACG details coins is that they will remain in PCGS holders. I'm sure the CACG crossovers aren't "cross at any grade". He didn't become a billionaire by eating losses.

I may be wrong, but my sense is his crossover submissions are indeed to cross at any grade. That's how he feels about our hobby!!!! He WANTS "correctly" graded coins, based on the opinion of CACG!

If we ever learn the truth, and if I'm wrong, I'll admit it. But if it turns out I'm right, will you concede he's a positive asset for our hobby?

Steve

I never said he wasn't. I'm just commenting on the CACG resubs and where they're headed. If you're correct, we should see CACG coins in details holders with the Hansen provenance. I don't see that happening.

Well, first you said that you bet his dipped coins would not cross as detailed, implying either that CACG would significantly relax their standards for him, OR that he would pressure CACG to do just that.

Then you predict that we will never see a Hansen pedigreed coin in a CACG Details holder, and with the interpretation i chose, i agreed with you and explained why, but possibly you meant a different interpretation - that CACG would never "Detail" any of his coins. I'll be naïve, and assume you meant my interpretation.

Then you indicate that you believe his crossover submissions to CACG will NOT be to cross at any grade, so he will avoid losses due to his business acumen. Maybe you're right, we don't know yet, but I disagree.

With those comments, it appears as though you think his character detracts from him being considered a positive asset to our hobby. Again, maybe you are correct, but maybe not!

Not seeing his pedigreed coins in CACG detailed holders? I tend to agree, but likely for a different reason. If I'm right on the other points, it then depends on what he'll do with those CACG Detailed Hansen coins - will he "permanently" store them to make sure others don't buy them to crack out and then to try to get straight graded at the other TPG's? I don't know, Will he put them up for sale through DLRC? I would hope not, and I highly doubt he will do that. On the other hand, if your comment about not seeing his coins in Detailed CACG holders is because you think none will be Detailed due to nefarious reasons, then we disagree.

Steve

The first few paragraphs - you're reading too much into it.

Last paragraph - I don't think he'll "cross at any grade". I think those that won't cross will remain in the PCGS holders and get dumped at DLRC. As far as seated quarters go, I've already seen over dipped straight graded dupes being sold there.

Perhaps you are correct that I am reading too much into into the first few paragraphs. I cannot say you are incorrect.

We disagree on our belief of how his crossover forms will be categorized at submission. Regarding the overdipped straight-graded coins being sold at DLRC - did they have CAC stickers? I recognize some might have, and those that do should cross to CACG at that same whole grade number. If they didn't have a CAC sticker, then so what that DLRC is selling them?

Steve

winesteven

@Manifest_Destiny said:
That's Hansen's AU53, which isn't CAC by the way.

Just playing the guessing game, but maybe he had that 53 for a while, and has now decided to not buy any more coins without CAC stickers or graded by CACG, hence passing on the AU58?

Steve

Manifest_Destiny

@winesteven said:

@Manifest_Destiny said:

@winesteven said:

@Manifest_Destiny said:

@winesteven said:

@Manifest_Destiny said:

@winesteven said:

@Manifest_Destiny said:
My prediction is: You will never see a Hansen provenance coin in a CACG details holder.

I agree, since I believe that for whatever coins of his ends up "Detailed", he'll eat the loss rather than have someone buy a coin that due to his confidence in CACG, he truly believes warrants the Detailed designation. He recognizes if that coin is sold, that coin would likely be cracked out and submitted to another TPG anticipating a straight grade.

He wants to avoid that, and THAT is one of the reasons he's a positive asset for our hobby!!!!!!

Steve

Thanks, I appreciate you input in the thread.

My thought on CACG details coins is that they will remain in PCGS holders. I'm sure the CACG crossovers aren't "cross at any grade". He didn't become a billionaire by eating losses.

I may be wrong, but my sense is his crossover submissions are indeed to cross at any grade. That's how he feels about our hobby!!!! He WANTS "correctly" graded coins, based on the opinion of CACG!

If we ever learn the truth, and if I'm wrong, I'll admit it. But if it turns out I'm right, will you concede he's a positive asset for our hobby?

Steve

I never said he wasn't. I'm just commenting on the CACG resubs and where they're headed. If you're correct, we should see CACG coins in details holders with the Hansen provenance. I don't see that happening.

Well, first you said that you bet his dipped coins would not cross as detailed, implying either that CACG would significantly relax their standards for him, OR that he would pressure CACG to do just that.

Then you predict that we will never see a Hansen pedigreed coin in a CACG Details holder, and with the interpretation i chose, i agreed with you and explained why, but possibly you meant a different interpretation - that CACG would never "Detail" any of his coins. I'll be naïve, and assume you meant my interpretation.

Then you indicate that you believe his crossover submissions to CACG will NOT be to cross at any grade, so he will avoid losses due to his business acumen. Maybe you're right, we don't know yet, but I disagree.

With those comments, it appears as though you think his character detracts from him being considered a positive asset to our hobby. Again, maybe you are correct, but maybe not!

Not seeing his pedigreed coins in CACG detailed holders? I tend to agree, but likely for a different reason. If I'm right on the other points, it then depends on what he'll do with those CACG Detailed Hansen coins - will he "permanently" store them to make sure others don't buy them to crack out and then to try to get straight graded at the other TPG's? I don't know, Will he put them up for sale through DLRC? I would hope not, and I highly doubt he will do that. On the other hand, if your comment about not seeing his coins in Detailed CACG holders is because you think none will be Detailed due to nefarious reasons, then we disagree.

Steve

The first few paragraphs - you're reading too much into it.

Last paragraph - I don't think he'll "cross at any grade". I think those that won't cross will remain in the PCGS holders and get dumped at DLRC. As far as seated quarters go, I've already seen over dipped straight graded dupes being sold there.

Perhaps you are correct that I am reading too much into into the first few paragraphs. I cannot say you are incorrect.

We disagree on our belief of how his crossover forms will be categorized at submission. Regarding the overdipped straight-graded coins being sold at DLRC - did they have CAC stickers? I recognize some might have, and those that do should cross to CACG at that same whole grade number. If they didn't have a CAC sticker, then so what that DLRC is selling them?

Steve

No, not CAC stickered. The point wasn't that I care if DLRC is selling them. The point is, I think the coins that won't cross will also be sold likewise at DLRC rather than end up in CACG details holders.

winesteven

I think you meant to say the coins that DON'T cross, being you believe the crossover submissions will not allow for downgrades. As noted we disagree, but only with time will we (hopefully) know the true answer.

Steve

Manifest_Destiny

@winesteven said:

@Manifest_Destiny said:
That's Hansen's AU53, which isn't CAC by the way.

Just playing the guessing game, but maybe he had that 53 for a while, and has now decided to not buy any more coins without CAC stickers or graded by CACG, hence passing on the AU58?

Steve

Then that would be the point I made above - He's abandoning the PCGS registry and doesn't care about upgrading with PCGS coins right now.

winesteven

@Manifest_Destiny said:

@winesteven said:

@Manifest_Destiny said:
That's Hansen's AU53, which isn't CAC by the way.

Just playing the guessing game, but maybe he had that 53 for a while, and has now decided to not buy any more coins without CAC stickers or graded by CACG, hence passing on the AU58?

Steve

Then that would be the point I made above - He's abandoning the PCGS registry and doesn't care about upgrading with PCGS coins right now.

Yes, we mainly agree, lol, but I believe he will buy a CAC stickered PCGS coin now as an upgrade, since he knows that will cross at CACG.

Steve

JCH22

,

DocBenjamin

@JCH22 said:

Zoomed out view:

I understand Hansen’s publicly stated goal is to match Eliasberg in completeness.

He has gone far beyond, and somewhat below, that goal. He has accumulated multiple examples across most all series. He has meanwhile passed on some required coins that have come up.

He subsequently entered the seller’s side, and then a new privately held TGP appeared in which he is said to be a principle.

I accept that one might have a sense his motives are pure and benign. I have seen no concrete explanation though for the above inconsistencies/concerns given his stated goal. Guess the ultimate disposition of his PCGS slabs will provide an additional piece of information about his goals......

I think that the longtime and ongoing disposition of his PCGS slabs provides adequate information about his goals.

SanctionII

50 - 100 years from now it may be that all current TPG's will be gone (residing in the dust bin of history), replaced with new businesses that have created a superior system that grades coins...................... THE RIGHT WAY.

Hobbyists in the future will clamor to find, acquire and own coins that have been graded................ THE RIGHT WAY ............(including coins themselves and whatever the successors in interest to plastic slabs and stickers on slab are).

In doing so vast numbers of coins graded by today's TPGs that have been and will be languishing in the storage places of today's collectors (including my PCGS graded coins that were graded in 2021, 2022 and 2023) will eventually surface and come onto the market as FRESH and ORIGINAL.

Future hobbyists will scour through this new to the market material in the hope of finding and cherry picking unattributed coins that are diamonds in the rough, wheat among the chaff and gems among the dross.

Through this process new discovery coins will be found that will be touted, promoted, desired, idolized and pursued with vigor.

Researchers, historians and hobbyists will chronical and document everything new, adding to the ever expanding base of human knowledge about all things coins and money. Such knowledge will be available instantaneously to all through advancing technology.

Future hobbyists will experience the same highs and lows, the same wins and losses, the same personal gratification and consternation that current and past hobbyists have experienced and are experiencing.

Rinse and repeat, throughout past, current and future generations.

So it goes in the Hobby Of Kings (where people get a thrill out of little pieces of mostly round, shiny, pretty metal).

Carry on, and as has been said in the past,.................. Have fun with your coins.

howep

I have a DMPL 66+ Hansen CAC that I am crossing to CACG and will accept 66DMPL. Does the Hansen name have to appear on the CACG holder?

winesteven

@DocBenjamin said:

@JCH22 said:

Zoomed out view:

I understand Hansen’s publicly stated goal is to match Eliasberg in completeness.

He has gone far beyond, and somewhat below, that goal. He has accumulated multiple examples across most all series. He has meanwhile passed on some required coins that have come up.

He subsequently entered the seller’s side, and then a new privately held TGP appeared in which he is said to be a principle.

I accept that one might have a sense his motives are pure and benign. I have seen no concrete explanation though for the above inconsistencies/concerns given his stated goal. Guess the ultimate disposition of his PCGS slabs will provide an additional piece of information about his goals......

I think that the longtime and ongoing disposition of his PCGS slabs provides adequate information about his goals.

So apparently you ignore the possibility that his mind may have changed in the last year or so? That's unfortunate, since that's exactly what seems to have happened.

Oh well.

Steve

winesteven

@howep said:
I have a DMPL 66+ Hansen CAC that I am crossing to CACG and will accept 66DMPL. Does the Hansen name have to appear on the CACG holder?

I strongly recommend you CALL CACG before submitting, and confirm that they are ready to apply a nice Hansen designed label (not just having his name added to their normal label) for crossovers from PCGS that have his current PCGS pedigreed label to one with CACG.

Steve

Catbert

@winesteven said:

@howep said:
I have a DMPL 66+ Hansen CAC that I am crossing to CACG and will accept 66DMPL. Does the Hansen name have to appear on the CACG holder?

I strongly recommend you CALL CACG before submitting, and confirm that they are ready to apply a nice Hansen designed label (not just having his name added to their normal label) for crossovers from PCGS that have his current PCGS pedigreed label to one with CACG.

Steve

My read was that he wanted to avoid the Hansen provenance on the label.

DocBenjamin

@winesteven said:

@DocBenjamin said:

@JCH22 said:

Zoomed out view:

I understand Hansen’s publicly stated goal is to match Eliasberg in completeness.

He has gone far beyond, and somewhat below, that goal. He has accumulated multiple examples across most all series. He has meanwhile passed on some required coins that have come up.

He subsequently entered the seller’s side, and then a new privately held TGP appeared in which he is said to be a principle.

I accept that one might have a sense his motives are pure and benign. I have seen no concrete explanation though for the above inconsistencies/concerns given his stated goal. Guess the ultimate disposition of his PCGS slabs will provide an additional piece of information about his goals......

I think that the longtime and ongoing disposition of his PCGS slabs provides adequate information about his goals.

So apparently you ignore the possibility that his mind may have changed in the last year or so? That's unfortunate, since that's exactly what seems to have happened.

Oh well.

Steve

ESP is not my strong point. Do you have inside information or are you just speculating?

Pumpkinhead

I believe Mr Hansen is trying to positively impact the profile/acceptance of CACG coins, particularly in the Registry set area… Simply put, it’s a business decision made by a highly successful businessman…

winesteven

@Catbert said:

@winesteven said:

@howep said:
I have a DMPL 66+ Hansen CAC that I am crossing to CACG and will accept 66DMPL. Does the Hansen name have to appear on the CACG holder?

I strongly recommend you CALL CACG before submitting, and confirm that they are ready to apply a nice Hansen designed label (not just having his name added to their normal label) for crossovers from PCGS that have his current PCGS pedigreed label to one with CACG.

Steve

My read was that he wanted to avoid the Hansen provenance on the label.

"Oh, I see" said the blind man. Yes, I just re-read it, and I agree with you - he apparently does not want the Hansen pedigree (some others feel that same way).

If indeed that's the case, my sense is to clearly write on the submission form to NOT use the Hansen Pedigree at all if the coin crosses.

Cat, thanks for the clarification.

Steve

howep

Thanks for both suggestions. Given that it seems to me the Hansen Pedigree does not carry the same cache as others after reading these threads, I think I would prefer to see of they will just cross to 66 DMPL with no other attribution excepy the L for legacy

winesteven

@DocBenjamin said:

@winesteven said:

@DocBenjamin said:

@JCH22 said:

Zoomed out view:

I understand Hansen’s publicly stated goal is to match Eliasberg in completeness.

He has gone far beyond, and somewhat below, that goal. He has accumulated multiple examples across most all series. He has meanwhile passed on some required coins that have come up.

He subsequently entered the seller’s side, and then a new privately held TGP appeared in which he is said to be a principle.

I accept that one might have a sense his motives are pure and benign. I have seen no concrete explanation though for the above inconsistencies/concerns given his stated goal. Guess the ultimate disposition of his PCGS slabs will provide an additional piece of information about his goals......

I think that the longtime and ongoing disposition of his PCGS slabs provides adequate information about his goals.

So apparently you ignore the possibility that his mind may have changed in the last year or so? That's unfortunate, since that's exactly what seems to have happened.

Oh well.

Steve

ESP is not my strong point. Do you have inside information or are you just speculating?

As I noted earlier above:

1) I heard from a VERY reliable source that D. L. Hansen is paying the FULL amount of fees on the thousands of coins that he might cross to CACG, and
2) Hansen is aware that many of his high graded coins will only cross to CACG at grades lower than that on the current holders, but he’s ok with that, as he wants his coins to be “properly graded”, despite taking an expensive “haircut”!

Steve

JCH22

.