He owns a MSL team which is a different animal. Lower salaries to be sure. The MSL has aquitted itself nicely and plays to sold out stadiums along with a TV deal. They don't have the huge payrolls and transfer fees as in European Football. Plus it looks like he got a nice tax break recently.
A more recent article which speaks directly to Mr Hansen’s ownership.
Walker Proof Digital Album Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
If I was Hansen, I would be trying to pry away the 1854-S $5 from the Pogues (assuming they still have it) and would pursue the 1913 Liberty "V" Nickel in August as it is the finest known.
P.S. @specialist - What is the billionaire version of ramen noodles?
Walker Proof Digital Album Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
The City Council approving the reduction in the assessed value of the soccer stadium and the real property it sits on at a City Council meeting taking place with over 700 items on its agenda (with City Council members now saying that they do not recall discussing the matter) is probably similar to what goes on every business day with city, county, state, federal and international legislative bodies.
Fine print is included in hundreds or thousands of pages of documents that are prepared (most likely by a consortium of special interest groups who lobby for favorable legislation who then pass the drafted document to the senior legislators for distribution to the legislators themselves) and distributed (to those in the majority party in time to have those majority party legislators review and revise same; and to those in the minority party a day or less before voted on the proposed legislation is to take place). Proposed legislation is voted on before it is read, with few people voting on it knowing what is really contained within it.
Only when some of the nonsense containing in the paperwork voted on is brought to see the light of day months or years after the voting is done do the persons involved in the drafting and voting get placed under the microscope and examined/questioned about when things happened the way that they did.
Guys, as discussed a couple months ago, this thread should be about the collection and not the man. There was another thread on who is Hansen. This discussion would be more appropriate to take place over there... thanks
@cameonut2011 said:
If I was Hansen, I would be trying to pry away the 1854-S $5 from the Pogues (assuming they still have it) and would pursue the 1913 Liberty "V" Nickel in August as it is the finest known.
I agree 100%...
The 54-S fills a hole...nothing more...no provenance...not appealing...in the wrong holder...if I were Hansen I'd gamble that the DuPont coin or another emerges in the next couple of years...
The 1913 Liberty V is a limited edition wonder coin that could help turn a collection of every coin minted into a national treasure...
My wild ass guesses are that the 54-S sells for less than $1 million and the 1913 Liberty "V" for over $10 million...
And while I don't know Mr. Hansen I think he has plenty of money left to play the game.
@Currin said:
Guys, as discussed a couple months ago, this thread should be about the collection and not the man. There was another thread on who is Hansen. This discussion would be more appropriate to take place over there... thanks
Agree. I forgot there was another thread as this one is “The Thread”. Thanks again for your work on it. I love it
m
Walker Proof Digital Album Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
The collection upgraded three Liberty $5 gold coins this weekend. The total PCGS Price Value of the three coins is $91,750. The upgrade coins are:
1862-S MS62 POP 1/0 - replaces AU50 Cert# 82250065 POP 7/8
1897 $5 MS66+ POP 1/0 - replaces MS66 Cert# 85172678 POP 3/1
1903 $5 MS66 POP 14/1 – replaces MS65 CAC Cert# 82206578 POP 28/16
1862-S $5 MS62 Cert# 35360833 PCGS POP 1/0
This is a high grade coin that has a very low survival of only about 50 for all grades. David Akers (1975/88) describes the coin this way: The 1862-S is one of the really great rarities of the Half Eagle series. It ranks 19th (out of 300) in rarity according to the number of appearances and is tied for 7th in rarity according to average grade. In 337 catalogues surveyed it never appeared above EF and only twice in that modest grade. I have never seen a full EF specimen and not more than ten others in Fine or VF. Overall, the 1862-S is very nearly as rare as the higher priced 1864-S. This is one of the most underrated issues in the entire series.
I cannot find any history on this rarity. There has not been a certified mint state 1862-S $5 sold publicly in more than 10 years. PCGS Price Guide Value $67,500. To my eye, this is a very appealing coin for a MS62. I sure others have opinions. Anyone have more information on this coin, please share.
1897 $5 MS66+ Cert# 35637311 PCGS POP 1/0
This coin was recently sold (July 20, 2018) by an online company, Oxbridge Coins. OC sold the coin on eBay for $20,000 . David Akers (1975/88) describes the coin this way: The 1897 is one of the common dates of the series and is readily available in any condition short of superb. (All U.S. gold coins, even the most common dates, are rare in superb, nearly perfect condition.)
I am not sure if you would call the coin superb, nearly perfect condition, but it does look pretty nice. PCGS Price Guide Value $20,000. Anyone have more information on this coin, please share.
1903 $5 MS66 Cert# 35453400 PCGS POP 14/1
This is not a POP 1 coin. It is one of 14 1903s graded MS66. I think the interesting fact about this coin, is the POP 1/0 coin was offered by Legend Rare Coin Auctions back in May 2018. Legend estimated the value $20,000.00 - $22,000.00. The non-CAC 1903 PCGS MS67 sold for S27,025. I am not sure if Hansen tried to purchase the 1/0 specimen or not. Just know for sure is this recent sold 1/0 gold coin did not end up in his collection.
Being the Hansen coin is from a pool of MS66, I don’t have a picture. PCGS Price Guide Value $4,250. If anyone has a picture or more information on this coin, please share.
@tradedollarnut said:
9 posts and every single one cutting me or my coins down. F off
Is this a joke? You have more posts than that in this thread alone, all cutting down this guys collection.
One can't argue with his own words, and when I pointed out the hypocrisy of your comments, after you are doing the exact same thing you are blasting Hansen for, back to your name calling. Man I wish I could play poker against you. If the final bet was for your underwear, you would go home naked. Yes, you are that predictable. Now, what other names do you have left to call me?
@specialist said:
ilkie, delloy does run out of money. he has to wait to sell a building from time to time. I have heard that before directly from him. Plus the man owns a soccer team which I m sure costs him a lot of money. Its one thing to have $1-2.5 million available, but its another to have $4-$6 million. I doubt he just wrote a check for the 1804-I'd bet he took some terms, which there is nothing wrong with. Look at the 1804 $1 he paid the low $2's while bruces coin brought for almost $4 million. sure was a money saver. his main goal is to finish his set, he needs that 54S $5 upcoming. 13 nickels come around-Me and Bruce have owned 2. The $2-3 million he might save will go a long way on other coins. so he waits for the lower grade 1913 that is around.
you'd be surprised how fast these guys can burn through cash. in this case you do not know reality.
You of course can prove everything above? Can anyone here imagine the tirade this person would go on if someone said this about her or her partner?
I'm pretty sure that this was the coin sold as part of the Old West and Franklinton Collections auction by American Numismatic Rarities in August 2006 for $43,700 as lot #1454 in a PCGS MS61 holder to a prominent East Coast specialist...
oil of olay..... YES, I can stand behind EVERYTHING I say.. EVERY THING. In case you never noticed, I have sold delloy millions and I know how he operates on payments. Its also no secret heritage was willing to work a long term payment deal with any one who qualifies on the 1804 $1. You also do not think I do not know the market for classic rarities? Really?
Guess your not a fan of Bruce. Why? His knowledge and passion of coins and his pursuit of the very finest coins blow delloy and EVERY other major collector I know of away. When he needs a smack down I yap at him. I work with the biggest collectors ever and I can tell you-he stands alone because of love for coins. The sets he built-were uncomparable and can NEVER best bested-ever.
BTW, NO CAC and I do still like the 62S $5 really rare bird. The others he should have held off on-in my opinion.
I have been nothing but complimentary on his collection. Just giving him advice from 50 years worth of collecting and 20 years of playing the game at the highest level.
Very few here are qualified to do so....certainly not you
@tradedollarnut said:
9 posts and every single one cutting me or my coins down. F off
Is this a joke? You have more posts than that in this thread alone, all cutting down this guys collection.
One can't argue with his own words, and when I pointed out the hypocrisy of your comments, after you are doing the exact same thing you are blasting Hansen for, back to your name calling. Man I wish I could play poker against you. If the final bet was for your underwear, you would go home naked. Yes, you are that predictable. Now, what other names do you have left to call me?
What hypocrisy? I didn’t buy the 1883 as part of a set or to fill a hole. I bought it for the artistry- the color. I stand by my advise not to pay half a million dollars for a coin that may or may not be an upgrade, that certainly has been dipped and that expert barber collectors sniff at. Spend the money where it counts.
@specialist said:
ilkie, delloy does run out of money. he has to wait to sell a building from time to time. I have heard that before directly from him. Plus the man owns a soccer team which I m sure costs him a lot of money. Its one thing to have $1-2.5 million available, but its another to have $4-$6 million. I doubt he just wrote a check for the 1804-I'd bet he took some terms, which there is nothing wrong with. Look at the 1804 $1 he paid the low $2's while bruces coin brought for almost $4 million. sure was a money saver. his main goal is to finish his set, he needs that 54S $5 upcoming. 13 nickels come around-Me and Bruce have owned 2. The $2-3 million he might save will go a long way on other coins. so he waits for the lower grade 1913 that is around.
you'd be surprised how fast these guys can burn through cash. in this case you do not know reality.
You of course can prove everything above? Can anyone here imagine the tirade this person would go on if someone said this about her or her partner?
@Perfection said:
Is there a reserve? If not, it could go cheap unless Laura's buyer "wants it". Sure the coin is great but the market seems
quite thin for a coin like this. What is the over/under on the sale price?
Calling it a "thin market" isn't quite right. Anyway, I would guess that there would be dozens of willing buyers at $2 million and no more than 2 or 3 - possibly zero - at $5 million. Tough to predict the final price realized unless you're one of those 2 or 3 people.
Andy Lustig
Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.
I don’t think it was ever worth $8.5M and now it’s certainly not. But sometimes the fame of the new discovery brings another buyer out of the woodwork.
I don’t think it was ever worth $8.5M and now it’s certainly not. But sometimes the game of the new discovery brings another buyer out of the woodwork.
I’d say $5M for Pogue coin, $3M for the other
Interesting.... looks like the value for the one has split between the two. I can see where that makes sense.
I don’t think it was ever worth $8.5M and now it’s certainly not. But sometimes the fame of the new discovery brings another buyer out of the woodwork.
I’d say $5M for Pogue coin, $3M for the other
Since none have sold in close to 40 years, I think the value of the Pogue coin depends on how well the new discovery piece performs. If it only fetches $1.75 to $2 million, is a 58+ really worth $3 million+ more? I don't think so. The 58+ might be closer to your $3 million estimate for the other coin. If I was Brent Pogue, I would pursue the new coin to have more leverage when liquidating the other coin (or both) in the future.
I don’t think it was ever worth $8.5M and now it’s certainly not. But sometimes the fame of the new discovery brings another buyer out of the woodwork.
I’d say $5M for Pogue coin, $3M for the other
This discovery won't make anybody want to pay $8.5M though. Maybe if it happened to be an MS63, and not an XF coin.
I don’t think it was ever worth $8.5M and now it’s certainly not. But sometimes the fame of the new discovery brings another buyer out of the woodwork.
I’d say $5M for Pogue coin, $3M for the other
Since none have sold in close to 40 years, I think the value of the Pogue coin depends on how well the new discovery piece performs. If it only fetches $1.75 to $2 million, is a 58+ really worth $3 million+ more? I don't think so. The 58+ might be closer to your $3 million estimate for the other coin. If I was Brent Pogue, I would pursue the new coin to have more leverage when liquidating the other coin (or both) in the future.
What kinda leverage would that give him? Derogatory question.
This year one has been discovered. If Pogue buys this one. Another one could be discovered. Personally, I wouldn't want to spend a few million dollars only to hope another one isn't discovered.
I don’t think it was ever worth $8.5M and now it’s certainly not. But sometimes the fame of the new discovery brings another buyer out of the woodwork.
I’d say $5M for Pogue coin, $3M for the other
Since none have sold in close to 40 years, I think the value of the Pogue coin depends on how well the new discovery piece performs. If it only fetches $1.75 to $2 million, is a 58+ really worth $3 million+ more? I don't think so. The 58+ might be closer to your $3 million estimate for the other coin. If I was Brent Pogue, I would pursue the new coin to have more leverage when liquidating the other coin (or both) in the future.
What kinda leverage would that give him? Derogatory question.
This year one has been discovered. If Pogue buys this one. Another one could be discovered. Personally, I wouldn't want to spend a few million dollars only to hope another one isn't discovered.
There are four known coins. One is the Pogue coin. One is lost (has been for more than half a century) and may never be recovered. A third coin is in the national collection. That leaves the new coin and the Pogue coin as the only two available specimens. If you own all of the available specimens, you can ask whatever you want and hold out for a bit more if you don't go too far out ($8.5 million was extreme and is even more extreme in light of the increased population). A higher bid on the XF45 will also push up the value of the Pogue coin.
I don’t think it was ever worth $8.5M and now it’s certainly not. But sometimes the fame of the new discovery brings another buyer out of the woodwork.
I’d say $5M for Pogue coin, $3M for the other
Since none have sold in close to 40 years, I think the value of the Pogue coin depends on how well the new discovery piece performs. If it only fetches $1.75 to $2 million, is a 58+ really worth $3 million+ more? I don't think so. The 58+ might be closer to your $3 million estimate for the other coin. If I was Brent Pogue, I would pursue the new coin to have more leverage when liquidating the other coin (or both) in the future.
What kinda leverage would that give him? Derogatory question.
This year one has been discovered. If Pogue buys this one. Another one could be discovered. Personally, I wouldn't want to spend a few million dollars only to hope another one isn't discovered.
There are four known coins. One is the Pogue coin. One is lost (has been for more than half a century) and may never be recovered. A third coin is in the national collection. That leaves the new coin and the Pogue coin as the only two available specimens. If you own all of the available specimens, you can ask whatever you want and hold out for a bit more if you don't go too far out ($8.5 million was extreme and is even more extreme in light of the increased population). A higher bid on the XF45 will also push up the value of the Pogue coin.
There are four KNOWN coins. My point was, that one was discovered this year, one can be discovered next year. You never know. It's not a certainty. And that's the reason I wouldn't want to buy the second if I was Pogue.
A little further background on this coin...
I bought it in the Stack's sale in 2010...
David Hall called us the next week and said that he wanted to make the coin the first "+" graded coin ever. So, they made it a 68+ (it was his favorite Barber quarter if memory serves and he graded it MS68+ all day long). So, it was marketed as PCGS's new idea to "+" grade. And we got the coin back at the Dallas Mid-Winter ANA show and sold it shortly thereafter to a dealer (it was CAC'd as well).
The collector that bought it from the dealer recently had it for sale and knowing the coin, I wanted it back as it belonged with DLH's Barber Quarter set...I know Laura disagrees, but I think that it's the best 1901-S in existence...we could have a contest at the ANA show to let collectors determine their favorite if she'd like to bring hers?
We plan on having it on display with some other coins from the Hansen Collection at the ANA show...
More details on this coin's history, and on some of the other top 1901-S quarters can be found in Greg Reynolds' excellent 2010 article: http://www.coinlinks.com/News/us-coins/highest-certified-1901-s-barber-quarter-breaks-coin-auction-records-and-becomes-the-star-of-a-coin-convention/
Greg (@Analyst) explains that it was originally toned, then dipped in 1989/1990 to blast white, and was in an NGC MS-68 slab for many years, where it acquired its present peripheral toning.
This is the dipping to blast white that Gene Gardner recalled in the video which @specialist linked.
Greg also confirmed what John Brush posted above, that it was CAC approved in a PCGS MS-68 slab, prior to it being placed in the PCGS MS-68+ slab (CAC does not confirm plus grades).
Greg's article is not a direct comparison of the two current MS-67+ 1901-S quarters with the MS-68+.
While the discussion of what is the very best 1901-S is of very high interest to those of have seen them all (and to readers),
it is not necessarily a critique of the acquisition of the MS-68+ for the D.L. Hansen set.
If the MS-67+ coins were not available, or were available but were not fairly priced, or were seen and judged not superior to the MS-68+, then the MS-68+ acquisition still meets the stated goals of the set.
Thanks for the further background!
I think that it would be a lot of fun to have a "Pick Your Favorite at the ANA Show" between the 2 1901-S 25cs...
Specialist, are you game?
John Brush President of David Lawrence Rare Coins www.davidlawrence.com email: John@davidlawrence.com 2022 ANA Dealer of the Year, Past Chair of NCBA (formerly ICTA), PNG Treasurer, Instructor at Witter Coin University, former Instructor/YN Chaperone ANA Summer Seminar, Coin World Most Influential, Curator of the D.L. Hansen Collection
@ilikemonsters said:
I don’t think anybody should wonder wether D.L. will go for the 13 V Nickel, or not. Without a doubt, he will.
In the words of Lee Corso "Not so fast my friend..."
John Brush President of David Lawrence Rare Coins www.davidlawrence.com email: John@davidlawrence.com 2022 ANA Dealer of the Year, Past Chair of NCBA (formerly ICTA), PNG Treasurer, Instructor at Witter Coin University, former Instructor/YN Chaperone ANA Summer Seminar, Coin World Most Influential, Curator of the D.L. Hansen Collection
@tradedollarnut said:
I think he should be on it - and JB saying he’s not only confirms he probably is.
Nice try Bruce! I'm too much of a straight shooter to divert in that manner. I like that you think I'm thinking ahead though. I do enjoy a good game of chess.
John Brush President of David Lawrence Rare Coins www.davidlawrence.com email: John@davidlawrence.com 2022 ANA Dealer of the Year, Past Chair of NCBA (formerly ICTA), PNG Treasurer, Instructor at Witter Coin University, former Instructor/YN Chaperone ANA Summer Seminar, Coin World Most Influential, Curator of the D.L. Hansen Collection
@SanctionII said:
The reality of the day to day work by Mr. Hansen and those he has enlisted to help him reach his goals would be interesting to know. There is only some much time in a day that an individual can devote to "the hunt". I expect that Mr. Hansen is very busy with all aspects of his life and that at best he can spend only 1 or 2 hours a day on this collecting endeavor himself. Thus he has enlisted the aid of others to help him reach his goal. With others involved, there must be communication on a daily basis between Mr. Hansen and those who are helping him. Opportunities arise and can disappear unless they are acted upon quickly. Evaluations of the suitability of desired coins that appear for sale must be made, discussions with Mr. Hansen about available coins and whether to make a purchase offer or not must take place and if a deal is struck the work needed to perform the deal (payment and obtaining possession of the coin] must be done. Once a new purchase is completed the newly acquired coin must be cataloged, documented, submitted to PCGS for grading (i.e. a raw purchase or a crossover from another TPG) and stored.
Further, with the large number of coins that comprise the set(s) that Mr. Hansen desires to acquire, how likely is it that he can spend time viewing, holding, studying and appreciating each individual coin or even series of coins? Particularly given that his time is likely tied up with non hobby related demands. Is it possible or even likely that once acquired the individual coins are simply stored away with the others and that Mr. Hansen does not look at his collection more than once or twice per year?
It also may be that Mr. Hansen does devote a significant amount of hands on time in the trenches working on reaching his goal and on viewing, holding and studying each individual coin.
Perhaps when he reaches his goal he will write an article or a book that tells the story of him setting his goal, working towards it and reaching it, including what his motivation is for doing so.
Kudos to Mr. Hansen and best of luck to him. His efforts do make the hobby enjoyable for fellow hobbyists.
There's a lot of good stuff written here. But, I'm too tired to elaborate on all of the questions brought up.
However, I can assure you that once Mr. Hansen acquires a coin, he views it a number of times...He truly enjoys looking at the coins. And then when it's added to the set, he likes to lay them all out beside each other and view them as a whole. Of course, he can't spend as much time doing that as he'd like, but one of my favorite parts of visiting with him is sharing in his joy of viewing the collection.
Mr. Hansen has been able to do so much because he doesn't require a ton of sleep. He spends more time than you can imagine looking for new coins. We've talked about doing a series of articles, displays, etc but it takes time to put all of these things together, but suggestions are welcome!
It sounds like me on steroids. I really enjoy looking at what I have. It’s one the reasons why I could never be the type of collector who sells a collection immediately after he has completed it. It’s one of the great things about an exhibit. It’s the only time I get to see an entire collection laid out before me. Almost all the rest of the time it’s in the bank.
As for suggestions for exhibits, I think of many, but I think it would be better to show reasonable number of coins with a theme and not just display a whole lot of material which would be overwhelming.
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 ... ?
My 1901 S will be there as well so now you have three to compare.
Unless the 1913 and the 1854 are reasonable if I were DLH I would pass. There are other coins he should spend that money.
on. I do not think having every coin is as important as quality at this point. Also getting all the coins is going to take years. He should be patient. If he has to have them I would consider NOT bidding and trying to buy them from the winner.
That could actually wind up being much cheaper due to DLH not pushing the price up.
Yes a display should have a theme. I will have two top sets at the Witter Coin table. All CAC but one of course!
That could actually wind up being much cheaper due to DLH not pushing the price up.
That’s actually a great strategy though one really needs to understand the market on certain kinds of coins as far as potential buyers, etc. Years ago I was going to bid on a tough colonial coin. I had a feeling a dealer friend of mine was probably interested in it too. I called him up and asked him if he was buying it for stock? He said yes so I asked him for first shot at it. He won the coin at well below my max bid and I got the coin at a substantial savings.
That could actually wind up being much cheaper due to DLH not pushing the price up.
That’s actually a great strategy though one really needs to understand the market on certain kinds of coins as far as potential buyers, etc. Years ago I was going to bid on a tough colonial coin. I had a feeling a dealer friend of mine was probably interested in it too. I called him up and asked him if he was buying it for stock? He said yes so I asked him for first shot at it. He won the coin at well below my max bid and I got the coin at a substantial savings.
They call that collusion, which is generally illegal. But if the auction has a shill, it all evens out!
That could actually wind up being much cheaper due to DLH not pushing the price up.
That’s actually a great strategy though one really needs to understand the market on certain kinds of coins as far as potential buyers, etc. Years ago I was going to bid on a tough colonial coin. I had a feeling a dealer friend of mine was probably interested in it too. I called him up and asked him if he was buying it for stock? He said yes so I asked him for first shot at it. He won the coin at well below my max bid and I got the coin at a substantial savings.
They call that collusion, which is generally illegal. But if the auction has a shill, it all evens out!
I never told him that I would or wouldn’t bid. I just told him to give me first shot if he won the coin.
Comments
http://america.aljazeera.com/articles/2015/1/22/global-soccers-richest-clubs-not-profitable.html
He owns a MSL team which is a different animal. Lower salaries to be sure. The MSL has aquitted itself nicely and plays to sold out stadiums along with a TV deal. They don't have the huge payrolls and transfer fees as in European Football. Plus it looks like he got a nice tax break recently.
A more recent article which speaks directly to Mr Hansen’s ownership.
https://www.sltrib.com/news/politics/2017/11/26/how-real-salt-lake-scored-with-a-huge-tax-break-that-went-unnoticed-until-now/
mark
Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
If I was Hansen, I would be trying to pry away the 1854-S $5 from the Pogues (assuming they still have it) and would pursue the 1913 Liberty "V" Nickel in August as it is the finest known.
P.S. @specialist - What is the billionaire version of ramen noodles?
Very clever.
Indeed. Smart.
m
Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
The City Council approving the reduction in the assessed value of the soccer stadium and the real property it sits on at a City Council meeting taking place with over 700 items on its agenda (with City Council members now saying that they do not recall discussing the matter) is probably similar to what goes on every business day with city, county, state, federal and international legislative bodies.
Fine print is included in hundreds or thousands of pages of documents that are prepared (most likely by a consortium of special interest groups who lobby for favorable legislation who then pass the drafted document to the senior legislators for distribution to the legislators themselves) and distributed (to those in the majority party in time to have those majority party legislators review and revise same; and to those in the minority party a day or less before voted on the proposed legislation is to take place). Proposed legislation is voted on before it is read, with few people voting on it knowing what is really contained within it.
Only when some of the nonsense containing in the paperwork voted on is brought to see the light of day months or years after the voting is done do the persons involved in the drafting and voting get placed under the microscope and examined/questioned about when things happened the way that they did.
Guys, as discussed a couple months ago, this thread should be about the collection and not the man. There was another thread on who is Hansen. This discussion would be more appropriate to take place over there... thanks
My 20th Century Gold Major Design Type Set ---started : 11/17/1997 ---- completed : 1/21/2004
I agree 100%...
The 54-S fills a hole...nothing more...no provenance...not appealing...in the wrong holder...if I were Hansen I'd gamble that the DuPont coin or another emerges in the next couple of years...
The 1913 Liberty V is a limited edition wonder coin that could help turn a collection of every coin minted into a national treasure...
My wild ass guesses are that the 54-S sells for less than $1 million and the 1913 Liberty "V" for over $10 million...
And while I don't know Mr. Hansen I think he has plenty of money left to play the game.
It sounds like collateral for a low interest loan to me.
.double post
.triple post
That 1854-S $5 has an almost unbeatable cachet.
If I could offer Delloy a satisfactory ...rental agreement.... I'd be sore tempted.
Agree. I forgot there was another thread as this one is “The Thread”. Thanks again for your work on it. I love it
m
Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
Upgrades to the Liberty $5 Gold Set
The collection upgraded three Liberty $5 gold coins this weekend. The total PCGS Price Value of the three coins is $91,750. The upgrade coins are:
1862-S MS62 POP 1/0 - replaces AU50 Cert# 82250065 POP 7/8
1897 $5 MS66+ POP 1/0 - replaces MS66 Cert# 85172678 POP 3/1
1903 $5 MS66 POP 14/1 – replaces MS65 CAC Cert# 82206578 POP 28/16
1862-S $5 MS62 Cert# 35360833 PCGS POP 1/0
This is a high grade coin that has a very low survival of only about 50 for all grades. David Akers (1975/88) describes the coin this way: The 1862-S is one of the really great rarities of the Half Eagle series. It ranks 19th (out of 300) in rarity according to the number of appearances and is tied for 7th in rarity according to average grade. In 337 catalogues surveyed it never appeared above EF and only twice in that modest grade. I have never seen a full EF specimen and not more than ten others in Fine or VF. Overall, the 1862-S is very nearly as rare as the higher priced 1864-S. This is one of the most underrated issues in the entire series.
I cannot find any history on this rarity. There has not been a certified mint state 1862-S $5 sold publicly in more than 10 years. PCGS Price Guide Value $67,500. To my eye, this is a very appealing coin for a MS62. I sure others have opinions. Anyone have more information on this coin, please share.
1897 $5 MS66+ Cert# 35637311 PCGS POP 1/0
This coin was recently sold (July 20, 2018) by an online company, Oxbridge Coins. OC sold the coin on eBay for $20,000 . David Akers (1975/88) describes the coin this way: The 1897 is one of the common dates of the series and is readily available in any condition short of superb. (All U.S. gold coins, even the most common dates, are rare in superb, nearly perfect condition.)
I am not sure if you would call the coin superb, nearly perfect condition, but it does look pretty nice. PCGS Price Guide Value $20,000. Anyone have more information on this coin, please share.
1903 $5 MS66 Cert# 35453400 PCGS POP 14/1
This is not a POP 1 coin. It is one of 14 1903s graded MS66. I think the interesting fact about this coin, is the POP 1/0 coin was offered by Legend Rare Coin Auctions back in May 2018. Legend estimated the value $20,000.00 - $22,000.00. The non-CAC 1903 PCGS MS67 sold for S27,025. I am not sure if Hansen tried to purchase the 1/0 specimen or not. Just know for sure is this recent sold 1/0 gold coin did not end up in his collection.
Being the Hansen coin is from a pool of MS66, I don’t have a picture. PCGS Price Guide Value $4,250. If anyone has a picture or more information on this coin, please share.
My 20th Century Gold Major Design Type Set ---started : 11/17/1997 ---- completed : 1/21/2004
That 62-S $5 is impressive
Latin American Collection
Is this a joke? You have more posts than that in this thread alone, all cutting down this guys collection.
One can't argue with his own words, and when I pointed out the hypocrisy of your comments, after you are doing the exact same thing you are blasting Hansen for, back to your name calling. Man I wish I could play poker against you. If the final bet was for your underwear, you would go home naked. Yes, you are that predictable. Now, what other names do you have left to call me?
You of course can prove everything above? Can anyone here imagine the tirade this person would go on if someone said this about her or her partner?
+1
I'm pretty sure that this was the coin sold as part of the Old West and Franklinton Collections auction by American Numismatic Rarities in August 2006 for $43,700 as lot #1454 in a PCGS MS61 holder to a prominent East Coast specialist...
ya gotta love this place
oil of olay..... YES, I can stand behind EVERYTHING I say.. EVERY THING. In case you never noticed, I have sold delloy millions and I know how he operates on payments. Its also no secret heritage was willing to work a long term payment deal with any one who qualifies on the 1804 $1. You also do not think I do not know the market for classic rarities? Really?
Guess your not a fan of Bruce. Why? His knowledge and passion of coins and his pursuit of the very finest coins blow delloy and EVERY other major collector I know of away. When he needs a smack down I yap at him. I work with the biggest collectors ever and I can tell you-he stands alone because of love for coins. The sets he built-were uncomparable and can NEVER best bested-ever.
BTW, NO CAC and I do still like the 62S $5 really rare bird. The others he should have held off on-in my opinion.
I have been nothing but complimentary on his collection. Just giving him advice from 50 years worth of collecting and 20 years of playing the game at the highest level.
Very few here are qualified to do so....certainly not you
What hypocrisy? I didn’t buy the 1883 as part of a set or to fill a hole. I bought it for the artistry- the color. I stand by my advise not to pay half a million dollars for a coin that may or may not be an upgrade, that certainly has been dipped and that expert barber collectors sniff at. Spend the money where it counts.
Only a noob sees hypocrisy where there is none.
Why would anyone have a problem with this post?
11 posts and not one of them positive or informative. Worthless, in fact
This thread is about one person and his collection: D. L. Hansen. Can we stop making this about other people, please?
hey, I said I like the 62S-even w/out a bean!!!
The 54-s is now open for bidding. I have been out bid already. Oh well, maybe next time,
My 20th Century Gold Major Design Type Set ---started : 11/17/1997 ---- completed : 1/21/2004
Calling it a "thin market" isn't quite right. Anyway, I would guess that there would be dozens of willing buyers at $2 million and no more than 2 or 3 - possibly zero - at $5 million. Tough to predict the final price realized unless you're one of those 2 or 3 people.
Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.
I think he needs this nickel if he wants his set to be looked at as beating the man he says he wants to beat.
I think he should be on it - and JB saying he’s not only confirms he probably is.
The Pogue 1854 S was offered at $ 8,500,000. This one can be bought for a lot less.
Maybe.
Does the discovery of the second private available specimen devalue the Pogue coin over the long haul?
My 20th Century Gold Major Design Type Set ---started : 11/17/1997 ---- completed : 1/21/2004
Yes and no
I don’t think it was ever worth $8.5M and now it’s certainly not. But sometimes the fame of the new discovery brings another buyer out of the woodwork.
I’d say $5M for Pogue coin, $3M for the other
Interesting.... looks like the value for the one has split between the two. I can see where that makes sense.
My 20th Century Gold Major Design Type Set ---started : 11/17/1997 ---- completed : 1/21/2004
Since none have sold in close to 40 years, I think the value of the Pogue coin depends on how well the new discovery piece performs. If it only fetches $1.75 to $2 million, is a 58+ really worth $3 million+ more? I don't think so. The 58+ might be closer to your $3 million estimate for the other coin. If I was Brent Pogue, I would pursue the new coin to have more leverage when liquidating the other coin (or both) in the future.
This discovery won't make anybody want to pay $8.5M though. Maybe if it happened to be an MS63, and not an XF coin.
What kinda leverage would that give him? Derogatory question.
This year one has been discovered. If Pogue buys this one. Another one could be discovered. Personally, I wouldn't want to spend a few million dollars only to hope another one isn't discovered.
There are four known coins. One is the Pogue coin. One is lost (has been for more than half a century) and may never be recovered. A third coin is in the national collection. That leaves the new coin and the Pogue coin as the only two available specimens. If you own all of the available specimens, you can ask whatever you want and hold out for a bit more if you don't go too far out ($8.5 million was extreme and is even more extreme in light of the increased population). A higher bid on the XF45 will also push up the value of the Pogue coin.
There are four KNOWN coins. My point was, that one was discovered this year, one can be discovered next year. You never know. It's not a certainty. And that's the reason I wouldn't want to buy the second if I was Pogue.
Thanks for the further background!
I think that it would be a lot of fun to have a "Pick Your Favorite at the ANA Show" between the 2 1901-S 25cs...
Specialist, are you game?
President of David Lawrence Rare Coins www.davidlawrence.com
email: John@davidlawrence.com
2022 ANA Dealer of the Year, Past Chair of NCBA (formerly ICTA), PNG Treasurer, Instructor at Witter Coin University, former Instructor/YN Chaperone ANA Summer Seminar, Coin World Most Influential, Curator of the D.L. Hansen Collection
In the words of Lee Corso "Not so fast my friend..."
President of David Lawrence Rare Coins www.davidlawrence.com
email: John@davidlawrence.com
2022 ANA Dealer of the Year, Past Chair of NCBA (formerly ICTA), PNG Treasurer, Instructor at Witter Coin University, former Instructor/YN Chaperone ANA Summer Seminar, Coin World Most Influential, Curator of the D.L. Hansen Collection
Nice try Bruce! I'm too much of a straight shooter to divert in that manner. I like that you think I'm thinking ahead though. I do enjoy a good game of chess.
President of David Lawrence Rare Coins www.davidlawrence.com
email: John@davidlawrence.com
2022 ANA Dealer of the Year, Past Chair of NCBA (formerly ICTA), PNG Treasurer, Instructor at Witter Coin University, former Instructor/YN Chaperone ANA Summer Seminar, Coin World Most Influential, Curator of the D.L. Hansen Collection
It sounds like me on steroids. I really enjoy looking at what I have. It’s one the reasons why I could never be the type of collector who sells a collection immediately after he has completed it. It’s one of the great things about an exhibit. It’s the only time I get to see an entire collection laid out before me. Almost all the rest of the time it’s in the bank.
As for suggestions for exhibits, I think of many, but I think it would be better to show reasonable number of coins with a theme and not just display a whole lot of material which would be overwhelming.
Dang JB, you torturing me now? I thought we were buds?
Yes, our 01S will be there-its part of the RDS 25C display. I'm not in competition as everyone has their own tastes
Hey JB, isn't it neat when people know what your buying-even if they are wrong? You only have like 5000 lots too choose from and a bourse floor.
My 1901 S will be there as well so now you have three to compare.
Unless the 1913 and the 1854 are reasonable if I were DLH I would pass. There are other coins he should spend that money.
on. I do not think having every coin is as important as quality at this point. Also getting all the coins is going to take years. He should be patient. If he has to have them I would consider NOT bidding and trying to buy them from the winner.
That could actually wind up being much cheaper due to DLH not pushing the price up.
Yes a display should have a theme. I will have two top sets at the Witter Coin table. All CAC but one of course!
That’s actually a great strategy though one really needs to understand the market on certain kinds of coins as far as potential buyers, etc. Years ago I was going to bid on a tough colonial coin. I had a feeling a dealer friend of mine was probably interested in it too. I called him up and asked him if he was buying it for stock? He said yes so I asked him for first shot at it. He won the coin at well below my max bid and I got the coin at a substantial savings.
Oh, to be able to eyeball all of these in hand.... y'all could sell admission.
They call that collusion, which is generally illegal. But if the auction has a shill, it all evens out!
I never told him that I would or wouldn’t bid. I just told him to give me first shot if he won the coin.