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Are the coins on the David Hall Rare Coins site any more special than a typical dealer's site?

LongacreLongacre Posts: 16,717 ✭✭✭
in U.S. Coin Forum
Because David Hall is one of the most powerful men in the numismatic universe, does his retail site contain coins that are more "special" than a run of the mill dealer's site? Of course his site is limited to PCGS coins, but does the fact that he president of PCGS give him some sort of edge with getting the best coins that PCGS grades? I am not talking about making offers on coins that come in raw for grading (because that is all anonymous, right?); I am talking about somehow using the PCGS day to day experience to pick out coins that are superior for the grade. What do you think?
Always took candy from strangers
Didn't wanna get me no trade
Never want to be like papa
Working for the boss every night and day
--"Happy", by the Rolling Stones (1972)

Comments

  • CTcollectorCTcollector Posts: 201
    Honestly, I think the just the opposite.

    My impression is that these coins may be optimistically graded because of the influence over day to day operations you mention. I'm sure the coins offered by DHRC get the benefit of the doubt. I ordered some coins a few years ago and was not satisfied. Not the standard of a Whitlow, RCNH or Pinnacle, in my humble opinion of course.
  • coinguy1coinguy1 Posts: 13,484 ✭✭✭


    << <i>My impression is that these coins may be optimistically graded because of the influence over day to day operations you mention. I'm sure the coins offered by DHRC get the benefit of the doubt. >>

    I disagree completely.

    While that might make for great speculation, intrigue and interesting reading here, my experience has been that they have a very fine overall quality to their inventory, as compared to a large majority of other dealers.
  • PerryHallPerryHall Posts: 46,680 ✭✭✭✭✭
    They also appear optimistically priced.

    Worry is the interest you pay on a debt you may not owe.
    "Paper money eventually returns to its intrinsic value---zero."----Voltaire
    "Everything you say should be true, but not everything true should be said."----Voltaire

  • RYKRYK Posts: 35,799 ✭✭✭✭✭
    I thought that I heard/read that DHRC does not submit coins to PCGS. Am I incorrect?

    As an aside, DHRC has been down on rare date gold for quite some time, so we have little in common. image
    My Box of 20: https://pcgs.com/setregistry/collectors-showcase/box-20/ryks-gold-box-20/17132
  • GTSGTS Posts: 300
    I've never bought any coins from DHRC, but browsing through the Saints in his inventory over the last couple of years.It looks to me like they sell high end coins.
    GTS
  • coinguy1coinguy1 Posts: 13,484 ✭✭✭


    << <i> I thought that I heard/read that DHRC does not submit coins to PCGS. Am I incorrect? >>

    I believe that to be correct.
  • dorkkarldorkkarl Posts: 12,691 ✭✭✭


    << <i>Because David Hall is one of the most powerful men in the numismatic universe >>

    maybe you're heavily overestimating his "power".

    K S
  • LongacreLongacre Posts: 16,717 ✭✭✭


    << <i>

    << <i>Because David Hall is one of the most powerful men in the numismatic universe >>

    maybe you're heavily overestimating his "power".

    K S >>




    Oh, DK, can't you see my sarcasm by now? image
    Always took candy from strangers
    Didn't wanna get me no trade
    Never want to be like papa
    Working for the boss every night and day
    --"Happy", by the Rolling Stones (1972)
  • dorkkarldorkkarl Posts: 12,691 ✭✭✭
    oops! thanks! image

    K S
  • chloebesschloebess Posts: 241
    He is reputable and sells properly graded coins. He is a high end honest dealer.
  • MyqqyMyqqy Posts: 9,777 ✭
    I've always thought that it's a little odd that graders have to forsake dealing (and collecting too?) while employed as graders, but presidents of the grading companys can have their own coin dealerships...... image
    My style is impetuous, my defense is impregnable !
  • mhammermanmhammerman Posts: 3,769 ✭✭✭
    Actually, his site seems to have changed from DHRC to North American Certified Trading and they feature a number of NGC coins...hummmmm.

    http://www.natcoin.com/catalog/index.php
  • RYKRYK Posts: 35,799 ✭✭✭✭✭
    No, it has not.
    My Box of 20: https://pcgs.com/setregistry/collectors-showcase/box-20/ryks-gold-box-20/17132
  • coinguy1coinguy1 Posts: 13,484 ✭✭✭


    << <i>Actually, his site seems to have changed from DHRC to North American Certified Trading and they feature a number of NGC coins...hummmmm >>

    While I believe that David used to own that other company, he no longer does, and hasn't for a good while. Here is HIS company's website:David Hall Rare Coins
  • mhammermanmhammerman Posts: 3,769 ✭✭✭
    It's always good to have fresh information...thanks!
  • stmanstman Posts: 11,352 ✭✭✭✭✭


    << <i>I've always thought that it's a little odd that graders have to forsake dealing (and collecting too?) while employed as graders, but presidents of the grading companys can have their own coin dealerships...... image >>



    I'm sure I'm not qualified to hand out this award BUT..... This IMO is post of the DECADE!!!image

    Edit to add... it's been nice knowing you folks.
    Please... Save The Stories, Just Answer My Questions, And Tell Me How Much!!!!!
  • mhammermanmhammerman Posts: 3,769 ✭✭✭
    Very impressed with the ease of navigating the dhrc site and very impressed with the offerings...thanks for the live link!
  • CTcollectorCTcollector Posts: 201


    << <i>

    << <i>My impression is that these coins may be optimistically graded because of the influence over day to day operations you mention. I'm sure the coins offered by DHRC get the benefit of the doubt. >>

    I disagree completely.

    While that might make for great speculation, intrigue and interesting reading here, my experience has been that they have a very fine overall quality to their inventory, as compared to a large majority of other dealers. >>



    Hey Mark - since your opinion is so well respected and as I mentioned in has been a few years since I purchased and returned coins from them, I decided to take a look at the site to make sure I was not being unjustly critical. I scrolled through about 50 silver coins - and an overwhelming majority of these are dipped, conserved, blast white, etc... exactly how I remembered. I am openly biased towards originality and un-tampered with coins and have little to no respect for dealers that have chosen to go the commercial route, so these coins are just not for me. If these coins work for you and others that is great, I am sure they are wonderful in their own respect. I am just down a different collecting path.
  • coinguy1coinguy1 Posts: 13,484 ✭✭✭
    CTcollector, my preference is for un-dipped, original coins too.

    However, I have dealt with them for years (and worked there as a buyer LONG ago) and they are discriminating buyers. The overall quality of their coins is quite good from what I have seen, even if many of them aren't "my cup of tea".
  • topstuftopstuf Posts: 14,803 ✭✭✭✭✭
    Well, whatever, but that's Jack Webb and Kelsey Grammer flanking David in da pitcher.

    Staff photo
  • SUPERCARCOINSSUPERCARCOINS Posts: 1,152
    .....His coins are special ; he is special .
    He is the father of the modern grading era
  • mgoodm3mgoodm3 Posts: 17,497 ✭✭✭
    Who's David Hall?
    coinimaging.com/my photography articles Check out the new macro lens testing section
  • BillJonesBillJones Posts: 34,646 ✭✭✭✭✭
    When you live a jungle and are not the strongest beast in the neighborhood, you learn not to pull the lion’s tail. Your will live longer that way.image
    Retired dealer and avid collector of U.S. type coins, 19th century presidential campaign medalets and selected medals. In recent years I have been working on a set of British coins - at least one coin from each king or queen who issued pieces that are collectible. I am also collecting at least one coin for each Roman emperor from Julius Caesar to ... ?
  • mozinmozin Posts: 8,755 ✭✭✭


    << <i>They also appear optimistically priced. >>

    image
    I collect Capped Bust series by variety in PCGS AU/MS grades.
  • ShamikaShamika Posts: 18,785 ✭✭✭✭


    << <i> They also appear optimistically priced. >>


    image

    Buyer and seller of vintage coin boards!
  • prooflikeprooflike Posts: 3,879 ✭✭
    << I thought that I heard/read that DHRC does not submit coins to PCGS. Am I incorrect? >>

    << I believe that to be correct. >>

    IIRC, DH has stated that he only obtains his for sale coins off of the market, something about a conflict of interest having PCGS grade coins for his resale.
    image
  • MikeInFLMikeInFL Posts: 10,188 ✭✭✭✭
    I've bought a few large cents for my collectoin from David Hall Rare Coins. I was entirely satisfied with the price and grading. They were very nice problem free, not too expensive coins...Mike
    Collector of Large Cents, US Type, and modern pocket change.
  • CameonutCameonut Posts: 7,347 ✭✭✭✭✭


    << <i>They also appear optimistically priced. >>



    image

    “In matters of style, swim with the current; in matters of principle, stand like a rock." - Thomas Jefferson

    My digital cameo album 1950-64 Cameos - take a look!

  • morgannut2morgannut2 Posts: 4,293 ✭


    << <i><< I thought that I heard/read that DHRC does not submit coins to PCGS. Am I incorrect? >>

    << I believe that to be correct. >>

    IIRC, DH has stated that he only obtains his for sale coins off of the market, something about a conflict of interest having PCGS grade coins for his resale. >>




    ----David Hall is a major shareholder and officer (President) of Clct, a publically traded company. While technically legal, even the submission of coins to PCGS could be seen as INSIDER TRADING, subjecting him to years of Federal jail time and the loss of millions in stock value---Hence, he would never submit a coin if it could EVEN APPEAR he was recieving insider favoritism.
    morgannut2
  • MadMonkMadMonk Posts: 3,743 ✭
    David Hall did not get to his place in life selling junk. He is extremely talented, I truly believe that PCGS did well partly because of his reputation as a dealer.
    Years ago, before TPG, his raw coins always were unquestionable to me for grade, and many times a "plus"
    (that is before the MS-66 grade was so widely used.) So a raw MS-65 Franklin could very well be a "MS-65+"
    upon reciept. I have even bought a few slabbed pieces from him over the years and they were all above average.
    So my experience is that he is a die hard dealer whos knows you can't sell bottom barrel coins.
    So no, I don't think he influences anything except the quality standard he expects his buyers to adhere to.
    Today's mighty oak is just yesterday's nut that held its ground.
  • MadMonkMadMonk Posts: 3,743 ✭
    oops
    Today's mighty oak is just yesterday's nut that held its ground.

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