@TopoftheHill said:
The hobby needs more people like Hansen. Maybe not people trying for one of everything, but for meaningful collections. It would be great if famous rich people became involved in coin collecting with a mere portion of their wealth.
Jeff Bezos, Lebron James, Mark Cuban, Carl Icahn, Phil Knight, Abigail Johnson, any of the Walton heirs....
Imagine the impact!
This is what Laura has been preaching for years...and she's correct. If you compare the value and rarity of coins to things like art and other collectibles, they seem to be excellent values overall.
Ironically, it's exactly what Mr. Hansen believes as well. Listening to him explain it to other parties (especially bankers) is really eye-opening.
For me it was a choice between rare coins or rare cars. Coins take up less room. In So California that’s a factor. When I’m done with coins I’ll probably roll it all into a Mack daddy Shelby for me and a unicorn for my wife.
mark
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......
...March, 1975 ...Hammer $5,500 ... James A Stack collection ...IMO the best 1901-S at that time and a time prior to most "mess doctors".
There were one or two light hairlines (very well hidden) on the face beneath the magnificent purple and plum toning with some lighter highlights. I couldn't afford it but I viewed it in all its raw beauty!
@JBatDavidLawrence said:
We just acquired another coin today that's one of the major pieces in the Eliasberg Quest. I can't reveal the actual coin just yet, but it's one of the tougher pieces...possibly in Currin's Top 10.
This is a coin that came to us out of the woodwork as another example hasn't been available since 2015. Ironically, DLRC handled 3 of the 5 known examples of this date in a single year in the early 2000s...This is a really neat rarity that we were pleased to acquire this week.
We plan on having it on display at the ANA if you'd like to come by and take a look!
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
This is not a big girl addition; it is a BIG BOY addition. This coin was shown as 10 on my Top 10 list. The 1873-CC “No Arrows” Quarter is an ultra-rare Liberty Seated Quarter. I show a survival of only four specimens, but arguably you could say there may be five. Very rarely does this coin appear at auction. The last 1873-CC “No Arrows” Quarter auctioned was the Eliasberg specimen in 2015. This new Hansen specimen was last auction in 2015. This new addition will get the Eliasberg quest one more coin closer to completion. With this acquisition, I will move the 1885 Trade Dollar Proof into the 10th spot on my Top 10 list.
1873-CC Liberty Seated Quarter. No Arrows. Briggs 1-A. PCGS MS-64 POP 1/1 Second Finest of Just Five Specimens Known
This new addition is the second finest specimen of the 1873-CC “No Arrows” Quarter. The PCGS Price Guide Value is $475,000. This coin lasted appeared in Stack Bowers August 2012 Philadelphia ANA auction where it sold for $470,000. It was described by Stack's Bowers this way: An original and thoroughly appealing near-Gem, both sides are layered in blended "old silver" and steel gray patina. The toning lightens somewhat when the surfaces dip into a light, allowing ready appreciation of full, satiny mint luster, as well as subtle reddish-silver, pale lilac and powder blue undertones. Sharply, if not fully struck throughout, and free of outwardly distracting abrasions which preclude notice of even a single readily evident pedigree marker. Until the early 1990s only three examples of the 1873-CC No Arrows Liberty Seated quarter were known to exist, all of which are Mint State coins. In 1992, however, a circulated example was confirmed at that year's ANA convention, followed by a second circulated example authenticated by Larry Briggs (author of the book The Comprehensive Encyclopedia of United States Liberty Seated Quarters, 1991) in 1996. The total number of 1873-CC No Arrows quarters known has remained firm since then at just five coins.
The finest known 1873-CC “No Arrows” Quarter is a PCGS graded MS66. The last time the MS66 coin sold publicly was over 35 years ago. I would assume this MS66 specimen to be a NFS coin. The Hansen specimen is one grade point better that the Eliasberg MS63 PCGS coin. John Bush describes the purchase as “our newest addition to the set is a rather significant one”. In my view, this addition does satisfy Hansen desire to have a better specimen than Eliasberg. If anyone has more information to share on the 1873-CC “No Arrows” Quarter, please do so.
Provenance: John W. Haseltine - unknown intermediaries - F.C.C. Boyd - Numismatic Gallery “World's Greatest Collection” 3/1945:378 - Harold M. Budd - Ben Stack (Imperial Coin Company) - Numismatic Gallery (Abe Kosoff and Abner Kreisberg) - Ambassador and Mrs. R. Henry Norweb, acquired 1954 - Bowers & Merena 3/1988:1647, $88,000 - various dealer intermediaries - William Greene - Superior 2/1998:2038 (as PCGS MS64), $209,000 - Nevada Collection - Heritage 8/1999:6281 (as PCGS MS64 02652942), not sold - Battle Born Collection - Stack’s/Bowers 8/2012:11094, $460,000
1873-CC Liberty Seated Quarter. No Arrows. Briggs 1-A. PCGS MS-64 POP 1/1
Here's what Greg Reynolds (@Analyst) wrote about the 1873-CC No Arrows 25c, when this MS-64 coin sold for $460k in the Battle Born collection in 2012:
IV. 1873-CC ‘No Arrows’ Quarter
There exist four to six 1873-CC ‘No Arrows’ Liberty Seated Quarters. I have seen the three that grade above sixty. In 2002, Heritage auctioned one that is NGC graded Extremely Fine-40 for $79,350, which I have never seen. That coin would probably be worth more than $225,000 now.
On Jan. 5, 2009, Stack’s sold the Eliasberg piece for $431,250. The collector who refers to himself, in the NGC Registry, as “YeOldOne” bought it through an agent. The Eliasberg 1873-CC ‘No Arrows’ quarter was then and still is PCGS graded MS-63, though it was earlier PCGS graded MS-62.
The ‘Battle Born’ 1873-CC ‘No Arrows’ quarter is PCGS graded MS-64 and was earlier in the Norweb family collection.
At $460,000, this “Battle Born”-Norweb quarter is a much better value than the Eliasberg piece at $431,125. These are, though, both terrific coins.
On Aug. 9th, the successful bidder was in the room and used paddle #520. I did not recognize him. I have since learned that he lives in the Midwest.
Before the auction, the PCGS retail price guide value was $550,000. After the auction, it was reduced to $460,000, this auction price. The true real retail value, in my view, is $500,000. It is standard for most auction prices to be a little less than respective retail prices. Indeed, auction prices are typically around the border between wholesale and retail price ranges. So, the $460,000 result is fair.
Uhrich agrees that $500,000 is the market retail value for this coin. Burdick declares that “this was the biggest bargain in the auction. I expected that coin to go for much more.”
Probably everyone knows the story about how these 1873-CC No Arrows quarters are believed to be from a handful of assay coins sent from Carson City to Philadelphia. Then 4000 were minted, but possibly most of these were melted when the with arrows coins went into production. The 1873-CC No Arrows dime has the same back story, with 12400 minted, but most or all must have been melted.
@tradedollarnut said:
Cool coin. That’s the fun part about collecting...when a major piece falls into your lap
Thanks, Bruce! You're exactly right. This was a shocker to us...one that we had no idea if we'd find anytime soon!
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
@yosclimber said:
Here's what Greg Reynolds (@Analyst) wrote about the 1873-CC No Arrows 25c, when this MS-64 coin sold for $460k in the Battle Born collection in 2012:
IV. 1873-CC ‘No Arrows’ Quarter
There exist four to six 1873-CC ‘No Arrows’ Liberty Seated Quarters. I have seen the three that grade above sixty. In 2002, Heritage auctioned one that is NGC graded Extremely Fine-40 for $79,350, which I have never seen. That coin would probably be worth more than $225,000 now.
On Jan. 5, 2009, Stack’s sold the Eliasberg piece for $431,250. The collector who refers to himself, in the NGC Registry, as “YeOldOne” bought it through an agent. The Eliasberg 1873-CC ‘No Arrows’ quarter was then and still is PCGS graded MS-63, though it was earlier PCGS graded MS-62.
The ‘Battle Born’ 1873-CC ‘No Arrows’ quarter is PCGS graded MS-64 and was earlier in the Norweb family collection.
At $460,000, this “Battle Born”-Norweb quarter is a much better value than the Eliasberg piece at $431,125. These are, though, both terrific coins.
On Aug. 9th, the successful bidder was in the room and used paddle #520. I did not recognize him. I have since learned that he lives in the Midwest.
Before the auction, the PCGS retail price guide value was $550,000. After the auction, it was reduced to $460,000, this auction price. The true real retail value, in my view, is $500,000. It is standard for most auction prices to be a little less than respective retail prices. Indeed, auction prices are typically around the border between wholesale and retail price ranges. So, the $460,000 result is fair.
Uhrich agrees that $500,000 is the market retail value for this coin. Burdick declares that “this was the biggest bargain in the auction. I expected that coin to go for much more.”
Probably everyone knows the story about how these 1873-CC No Arrows quarters are believed to be from a handful of assay coins sent from Carson City to Philadelphia. Then 4000 were minted, but possibly most of these were melted when the with arrows coins went into production. The 1873-CC No Arrows dime has the same back story, with 12400 minted, but most or all must have been melted.
@tradedollarnut said: Since this is a DLH post, don’t you believe he would be better off buying 80% CAC coins?
I believe he’d be better off not buying 1/0 coins that aren’t CAC
That makes sense if the coins graded one point lower are virtually as good as the 1/0 coin. But if the 1/0 coin blows away the next best coins, it would be crazy to pass on it because it lacks a sticker.
That depends on why it didn’t sticker. Doctored? Pass. Fill your collection with doctored 1/0s and you lose all respect
Good point, TDN. Though these 'supergrade' coins are out of my reach, I will always pass on a doctored coin regardless of grade.
There are two coins in upcoming auctions that are on Hansen Top 10 countdown list. Both have cracked the $1M level. Do you think Hansen will acquire both, one, or none?
Heritage Auctions 2018 August 14 - 19 ANA WFOM US Coins Signature Auction - Philadelphia #1278
1854-S Five Dollar Liberty, XF45 Newly Discovered 19th Century Gold Rarity Only the Fourth Example Known to Collectors
PCGS Coin Guide Price: $1,750,000 Current Bid: $1,260,000
Stacks Bower Galleries August 2018 ANA - Session 3 - Rarities Night - Lot 1096
The Finest Known 1913 Liberty Head Nickel 1913 Liberty Head Nickel. Proof-66 (PCGS). CAC
PCGS Coin Guide Price: $4,500,000 Current Bid: $1,100,000
This is just an opinion as I don't play in the game. I think he'll want both but he is going to pay very dearly if he tries to win both in the auctions. Hopefully the $5 will be offered first (I don't know). I'd get the $5 for sure and still go after the nickel. If he stays out of both auctions, he may get each coin offered at lower combined price than if he bought them. The best thing about money is those folks with it have more choices and can even wait for a market downturn.
I'd get a "secret someone" to bid for me and let DLRC fold very early while the price was low. That might keep the guys hoping to buy it and flip it to Mr. Hansen a heart attack!
Looking at that auction page, there was a lot of "Modern Crap" for that time.
Someone had a good source for the Unc 1871 to 1873 Carson City quarters. All in one sale and there are apparently still only 2 or 3 of each known in Unc.
The PCGS auction prices section is incomplete before 1993 with only some major auctions listed. The Stack 1873-CC No Arrows is reported as having sold for $286,000 as PCGS-65 in Superior's August 1991 sale.
There are two coins in upcoming auctions that are on Hansen Top 10 countdown list. Both have cracked the $1M level. Do you think Hansen will acquire both, one, or none?
Heritage Auctions 2018 August 14 - 19 ANA WFOM US Coins Signature Auction - Philadelphia #1278
1854-S Five Dollar Liberty, XF45 Newly Discovered 19th Century Gold Rarity Only the Fourth Example Known to Collectors
PCGS Coin Guide Price: $1,750,000 Current Bid: $1,260,000
Stacks Bower Galleries August 2018 ANA - Session 3 - Rarities Night - Lot 1096
The Finest Known 1913 Liberty Head Nickel 1913 Liberty Head Nickel. Proof-66 (PCGS). CAC
PCGS Coin Guide Price: $4,500,000 Current Bid: $1,100,000
I think that he will win both. Obviously these are not run of the mill coins. He is too close to the finish line to play any games hoping he may get another shot in the future.
That presents a problem for him. I am going to make some very uneducated guesses. The 1913's have sold for 5 million dollars. All things considered each of them is a more significant coin than the $5 that is just another coin UNLESS you are going for rarity or completion. Then the coins are equal.
If Mr. Hansen & DLRC goes after the $5 without any behind the scene trickery of any kind (as my suggested "secret bidder") then I'm going to guess the 1854-S is going to sell for at least 4 million dollars after all the costs are rolled in.
Remember, I'll either have a lucky guess or I'll just prove my often expressed ignorance about coin pricing. This is fun.
@Insider2 said:
That presents a problem for him. I am going to make some very uneducated guesses. The 1913's have sold for 5 million dollars. All things considered each of them is a more significant coin than the $5 that is just another coin UNLESS you are going for rarity or completion. Then the coins are equal.
If Mr. Hansen & DLRC goes after the $5 without any behind the scene trickery of any kind (as my suggested "secret bidder") then I'm going to guess the 1854-S is going to sell for at least 4 million dollars after all the costs are rolled in.
Remember, I'll either have a lucky guess or I'll just prove my often expressed ignorance about coin pricing. This is fun.
The 1854-S has a little stink to it and it’s in a NGC holder. I can’t see it getting anywhere close to 4 million.
mark
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......
Everyone has an opinion on the nickel. In the end, its only the people who can write the check will decide and know what the value is.
I predict there will be only 3-4 real contenders (two are unknown to the general public). Its easy to fantasize about other peoples money or desires. I just had one of the absolute biggest buyer of coins in the world no not this grand poo bah) phone bidding on my coin in my auction. You'd think that would be a lock sale. The price as not anything to him. Yet he did not pull the trigger. I think its hilarious how every here seems to think they know what the coin will sell for. Its very thin air over $1 million.
@specialist said:
Everyone has an opinion on the nickel. In the end, its only the people who can write the check will decide and know what the value is.
I predict there will be only 3-4 real contenders (two are unknown to the general public). Its easy to fantasize about other peoples money or desires. I just had one of the absolute biggest buyer of coins in the world no not this grand poo bah) phone bidding on my coin in my auction. You'd think that would be a lock sale. The price as not anything to him. Yet he did not pull the trigger. I think its hilarious how every here seems to think they know what the coin will sell for. Its very thin air over $1 million.
Another great auction, run by even better people. Thank you Laura!
The 73 CC Quarter is phenomenal.
So what days and times (Eastern Time Zone) are the 1854 S $2.50 and 1913 V Nickel going to hit the floor?
@specialist said:
Everyone has an opinion on the nickel. In the end, its only the people who can write the check will decide and know what the value is.
I predict there will be only 3-4 real contenders (two are unknown to the general public). Its easy to fantasize about other peoples money or desires. I just had one of the absolute biggest buyer of coins in the world no not this grand poo bah) phone bidding on my coin in my auction. You'd think that would be a lock sale. The price as not anything to him. Yet he did not pull the trigger. I think its hilarious how every here seems to think they know what the coin will sell for. Its very thin air over $1 million.
Laura,
You are correct - again.
It is only a game to many of us. Hardly anyone on CU is even qualified to play the real game or even have a valid opinion of what any of these coins are worth. Honestly, I don't care what the thing sells for! See my Fantasy auction thread.
What is hilarious is that the guesses on the hammer price being posted here by unqualified folks as I should even merit your attention.
Only 29 to go… This is not a new addition to write home about. It does serve the purpose as one more toward the finish line. I take this purchase to be a settle for coin, with plans to replace in the future. David Akers (1975/88) describes the coin this way: Certainly very scarce as a date, but considerably easier to obtain in uncirculated condition than most Dahlonega Mint quarter eagles. Generally seen much more sharply struck than the D Mint quarter eagles from 1849 to 1856 and some specimens even have nearly complete denticles. I have seen four or five mint state examples, and undoubtedly a few more exist than that. I repeat, however, this is a very scarce date; it is just that it is not as rare as many of the other Dahlonega Mint quarter eagles in choice condition.
1857-D $2.50 AU53 CAC
This new addition Dahlonega quarter eagle is one of five that is needed to complete the set. The 1857-D AU53 is valued at $5250 in the PCGS Price Guide. This specimen was listed in an auction on Scotsman Coin and Jewelry website that closed last tonight. The coin was in lot 152 in The Midwest Summer Sale – 2018 auction. The 1857-D sold for $7,250 (+15%). The buyer must have seen some potential in this coin. The seller description: The stingy emission of under twenty-four hundred pieces saw considerable attrition over time, as the population reports between both grading services suggest a very low survival rate overall. Furthermore, many are seen with problems of every sort, including cleaned, defaced, and previously jewelry-mounted examples. Happily, this memorable coin has managed to escape any odious handling, and shows merely the effects of honest circulation. Beautiful golden-grey patina layers the entire surface, with the design unexpectedly well-rendered for Dahlonega product.
Over the weekend, the collection has added and upgraded about 85 coins. These coins were circulating strikes, proofs and even a few major varieties. There are several coins that can be discussed, but I will focus on the upgrades to the Barber Half Dollars Basic Set, Circulation Strikes (1892-1915). There were 9 upgrades that were contributed to this set, five PCGS finest, three tied- PCGS finest (2/0) and one is POP 1/1. These upgrades put the Hansen over the top for the all-time finest PCGS Barber Half Dollars Basic Set. The previous All-Time Finest, Hall of Fame set, Dr. and Mrs. Steven L. Duckor Collection with a weighted grade of 66.78. The Hansen set is now a couple ticks better at 66.81. The total PCGS grade value for the nine Barber half dollar upgrades: $329,500. I am sure Perfection can help with any holes and incorrect information.
1905-S 50C MS67+ CAC Cert 05976619 POP 1/0 - Replaces 1905-S MS64+ POP 1/12 - PCGS Value $32,500
Provenance: Unknown
1906-O 50C MS67+ CAC Cert 16398745 POP 1/0 – Replaces 1906-O MS66 POP 8/4 - PCGS Value $54,500
Provenance: New Orleans Mint - S. Benton Emery - Walter P. Nichols - Bowers & Merena 11/1984:835 - Dr. Thaine B. Price - David Akers 5/1998:168 - Dr. Steven Duckor - Heritage 8/2010:3217, $46,000 - “Perfection” Collection (PCGS Set Registry)
1906-S 50C MS67+ CAC Cert 16398746 POP 1/1 – Replaces 1906-S MS66 POP 4/5 - PCGS Value $26,500
Provenance: Ex: Numismatics, Ltd. (2/1976); James Bennett Pryor (Bowers and Merena, 1/1996), lot 300; David Akers (2/15/2006). From The Dr. and Mrs. Steven L. Duckor Barber Half Dollar Collection
1907-D 50C MS67+ CAC Cert 05350268 POP 2/0 – Replaces 1907-D 50C MS66 POP 10/6 - PCGS Value $30,000
Provenance: Ex: FUN Signature (Heritage, 1/2010), lot 2259, which brought $17,250. From The Jim O'Neal Collection
1907-S 50C MS67+ CAC Cert 16432093 POP 1/0 – Replaces 1907-S MS65 POP 8/10 - PCGS Value $35,000
Provenance: Ex: David Akers (12/23/1994). From The Dr. and Mrs. Steven L. Duckor Barber Half Dollar Collection
1909-O 50C MS67+ CAC Cert 19806543 POP 1/0 – Replaces 1909-O MS66 POP 4/1 - PCGS Value $55,000
Provenance: Ex: John C. Hugon Collection (Heritage, 1/2005), lot 4254; Harry Laibstain (1/12/2005). From The Dr. Peter and Janice Shireman Collection.(
1913 50C MS66+ CAC Cert 07601735 POP 2/0 – Replaces 1913 MS66 POP 5/1 - PCGS Value $18,500
Provenance: John C. Hugon Collection
1914 50C MS66+ CAC Cert 25649338 POP 1/0 – Replaces 1914 MS 65 10/4 - PCGS Value $27,500
Provenance: Larry Shepherd, sold privately on 7/22/1998 - Dr. & Mrs. Steven L. Duckor Collection - Heritage 8/2010:3241, $37,375 - Eugene H. Gardner Collection, Part II - Heritage 10/2014:98567, $30,550
I always have to laugh when a current set takes over All Time Finest from a great set of a decade ago. Many of the coins are exactly the same - they’re just in new holders
He must have very deep pockets to be upgrading rather than saving his money to complete his goal of completion. All the upgrading does is make those helping him get richer - yes/no?
@Insider2 said:
When you own the coin, your name goes on it.
All the upgrading does is make those helping him get richer - yes/no?
Well, I personally wish that were the case with these!
With regard to the Barbers, we sent the collection in to get pedigreed appropriately.
I also hand-picked some of the Halves for re-grading as they were clearly the nicer of the group and we were successful on 8-9 pieces.
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
The DLH Barber Half set was sent to PCGS. I think it received 9 pluses and four upgrades which put it ahead of Duckor.
I believe JB and DLH are honest and have top integrity. In fact, I KNOW that they did not pay the absurd and potentially
gray area "concierge" fee to have their coins looked at for possible upgrades. There are certain people that PCGS favors for
various reasons. These people are able to get pluses and upgrades where others can't. You need to be part of the
"old boys" network. I am not as of yet. JB is 100% correct in that some or most of the coins that were upgraded with
pluses, deserved them. The sad part is that I KNOW and AGREE with JB on this!
I sent most of the same coins to PCGS multiple times and received nothing but bills! ☺
As for the upgrades, that become non CAC, I do not believe in that for sets.
I have looked over the Hansen set. There are 13 coins that are not CAC. There were 9 when the set was first listed.
So either PCGS upgraded a few of mine or DLH already had or purchased other Barbers in higher grades. Currin can probably tell. I think he had 9 of this own coins and four CAC coins were upgraded.
Out of the 13 non CAC coins, 8 do have a CAC example(s) and five do not. I probably said it before, but it is very difficult if not impossible to build an entire CAC set. (not counting the ones that currently exist.) The main reason is that there no
CAC coins in certain grades that exist. So money is not a factor.
I assume DLH will purchase any CAC coin he finds to replace non CAC in this set.
Several years ago the lone 1896-O in MS67 was at a Heritage auction. I think I paid 45K or so for DLH's GEM 66+.
I did not want to pay around 90K for half a score up in the registry. However as set builders KNOW, the way to move
up the fastest is to have the top KEY Dates.
RSD, the person who has the top Barber Quarter MS Set, sent it in for pluses only and would not accept any upgrades. He
wanted the set to be all CAC which is the right thing to do if possible.
Lastly it seems that DLH is becoming more focused on quality and therefore he is purchasing more and more CAC coins.
If you are going to pay the price the coin usually must be CAC. At the Legend sale he purchased a 1876-S, 2.50.
Rare, great coin. I and a few others wanted it. DLH paid a record price. So what, CAC, nice and quite rare. Good buy!
The first 3 dimes on this list are insanely difficult to obtain in these grades just so you know.
Thanks for update Paul. This is very high quality list of Roosevelts. I am not sure where Hansen obtained these coins, but just a quick check; I know at least one was purchased from eBay. I think this does indicate that he is interested in the little coins. Please feel free to post if anyone has more info on this list. I bet the dimeman know all the details.
Also, there were three other pre-65 coins dimes that he updated. I would like to share them. The first one I think is the most interesting. It is not a 1/0, but it is an Eliasberg specimen that was last seen in an old green holder. As said here before, to beat the man; you have to buy the man’s best coins.
This Eliasberg specimen last appeared in Heritage Auctions 2017 August ANA were it sold for $28,200. PCGS grade value for this coin is $40,000. The coin was described this way: This coin is satiny and lustrous with warm golden toning and unabraded surfaces. The stars and Liberty portrait are sharp, but slight weakness is seen on the reverse wreath bow. The advanced Seated dime collector should bid strongly to acquire this remarkable rarity. Housed in a green label holder. The Eliasberg Gem is tied with one other as the finest at PCGS. At NGC, there are none in this grade but one MS66 is reported finer. The CAC population is two in MS65 and none finer. There is a NGC MS66 specimen that is a very white coin and Coin Facts estimates the grade at MS65. You can be the judge of the better coin. The NGC makes the claim as being the finest. I wonder if Eliasberg may be a subject for an upgrade.
Provenance: Ex: Louis E. Eliasberg, Sr. Collection (Bowers and Merena, 5/1996), lot 1167.
1911-S PCGS MS67+ CAC EX SIMPSON POP1/0
This coin was upgraded in the sets this weekend, but I believe to have been in the collection for some time. This coin last appeared in Legend Rare Coin Auctions. It sold for $4,935 on 7/13/2017. The coin was described this way: One microscopic planchet divot is all that holds this coin back from a killer MS68 designation! This coin has flawless, bold satiny surfaces and an exceptional luster that shows off gorgeous, light, original shades of gold/pale green. Miss Liberty and the details are frosty and have crisp strikes. The eye appeal is delightful! This is still the SOLE FINEST graded at PCGS. It realized $5,523 in December 2014…. Barber specialists should rejoice at the opportunity to own this Superb Gem!
Provenance: Bob R. Simpson Collection - Legend Rare Coin Auctions 12/2014:122, $5,523
1928-S 10C, FB MS67+ FB CAC Cert 35448034 POP 1/0 - Replaces 1928-S MS67 POP 13/1
I think this is the first “Mercury” dime that I have shared. This one was certainly worth the wait. This coin was purchased 7/26/2018 in Legend Rare Coin Auctions, Caesars Palace, NV. The bidding appeared have taken placed by an online company call NewJeresy.hibid.com. I am not sure that I understand this purchase method. The price paid for this dime was $49,937.50. PCGS grade value for this coin is $55,000. I find this very interesting because Hansen already had the MS67 in his inventory, and still paid $50K for a "plus specimen" upgrade. I guess the finest known is the goal. The coin was described this way: What an amazing example--the FINEST 28-S Dime graded at PCGS! A SUPERB satiny frost glows on both the obverse and reverse of this immaculate Mercury dime. Razor sharp in strike, the details are crisply rendered and the central devices are complete. Even with the aid of a powerful glass we are unable to find even the tiniest tick or frost break anywhere. You can study the surfaces for hours and not find any flaw worthy of mention, anywhere! Needless to say this coin is clearly worthy of its lofty grade and its technical quality is off the chart!
@Currin said:
Thanks for update Paul. This is very high quality list of Roosevelts. I am not sure where Hansen obtained these coins, but just a quick check; I know at least one was purchased from eBay. I think this does indicate that he is interested in the little coins. Please feel free to post if anyone has more info on this list. I bet the dimeman know all the details.
No offense to Dimeman, but he doesn't know Roosies like I do. He certainly knows his dimes, but it turns off at the Roosies.
The #1 clad set owned by Halcyon owned his own clad set and then bought OnlyRoosies #1 set, so Halcyon had an extra 100% complete clad set. He consigned it or sold it to Wondercoin's son who is Monstercoinmart on eBay. All of Hansens clad purchases on the list I posted came from eBay. I suspect that he will certainly add more dimes to that list, but he will never even come close to #1 with the set OnlyRoosies put together, and with some of the upgrades since the sale. Why he never received the H.o.F. award is beyond concerning.
@Stooge said:
The #1 clad set owned by Halcyon owned his own clad set and then bought OnlyRoosies #1 set, so Halcyon had an extra 100% complete clad set. He consigned it or sold it to Wondercoin's son who is Monstercoinmart on eBay. All of Hansens clad purchases on the list I posted came from eBay. I suspect that he will certainly add more dimes to that list, but he will never even come close to #1 with the set OnlyRoosies put together, and with some of the upgrades since the sale. Why he never received the H.o.F. award is beyond concerning.
Paul, I checked Hansen’s focus on post 1964 specimens. It appear to me that he is focus on collecting a complete set, but does not appear that he is focused on the finest specimens. Presently, he has purchase only five PCGS POP 1/0 post 1964 specimens (out of approx, 850). I am not sure if this is by purpose. Maybe John B can shed some light on the objective of the post 1964 purchases. I guess my question would be, is PCGS POP 1/0 post 1964 a good long term investment? Thoughts?
@Stooge said:
The #1 clad set owned by Halcyon owned his own clad set and then bought OnlyRoosies #1 set, so Halcyon had an extra 100% complete clad set. He consigned it or sold it to Wondercoin's son who is Monstercoinmart on eBay. All of Hansens clad purchases on the list I posted came from eBay. I suspect that he will certainly add more dimes to that list, but he will never even come close to #1 with the set OnlyRoosies put together, and with some of the upgrades since the sale. Why he never received the H.o.F. award is beyond concerning.
Paul, I checked Hansen’s focus on post 1964 specimens. It appear to me that he is focus on collecting a complete set, but does not appear that he is focused on the finest specimens. Presently, he has purchase only five PCGS POP 1/0 post 1964 specimens (out of approx, 850). I am not sure if this is by purpose. Maybe John B can shed some light on the objective of the post 1964 purchases. I guess my question would be, is PCGS POP 1/0 post 1964 a good long term investment? Thoughts?
With moderns being so popular and with tons of mint sets untouched along with rolls and rolls of coins out there, I would think any pop (1/0) would be a questionable investment. It's great to have pop 1's, but there are too many hunters out there searching for those high grade coins.
Comments
For me it was a choice between rare coins or rare cars. Coins take up less room. In So California that’s a factor. When I’m done with coins I’ll probably roll it all into a Mack daddy Shelby for me and a unicorn for my wife.
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......
Old cars can be fun. I used to "do" some, but got tired of having to WATCH them if you happened to go somewhere in one of them.
...March, 1975 ...Hammer $5,500 ... James A Stack collection ...IMO the best 1901-S at that time and a time prior to most "mess doctors".
There were one or two light hairlines (very well hidden) on the face beneath the magnificent purple and plum toning with some lighter highlights. I couldn't afford it but I viewed it in all its raw beauty!
P.S. I was young
(sorry for the poor image)
Okay, here it is: https://www.pcgs.com/cert/24098684
1873-CC No Arrows 25c PCGS MS64
This is a coin that came to us out of the woodwork as another example hasn't been available since 2015. Ironically, DLRC handled 3 of the 5 known examples of this date in a single year in the early 2000s...This is a really neat rarity that we were pleased to acquire this week.
We plan on having it on display at the ANA if you'd like to come by and take a look!
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
Cool coin. That’s the fun part about collecting...when a major piece falls into your lap
Count Down 30 --- A Top 10 New Addition!
This is not a big girl addition; it is a BIG BOY addition. This coin was shown as 10 on my Top 10 list. The 1873-CC “No Arrows” Quarter is an ultra-rare Liberty Seated Quarter. I show a survival of only four specimens, but arguably you could say there may be five. Very rarely does this coin appear at auction. The last 1873-CC “No Arrows” Quarter auctioned was the Eliasberg specimen in 2015. This new Hansen specimen was last auction in 2015. This new addition will get the Eliasberg quest one more coin closer to completion. With this acquisition, I will move the 1885 Trade Dollar Proof into the 10th spot on my Top 10 list.
1873-CC Liberty Seated Quarter. No Arrows. Briggs 1-A. PCGS MS-64 POP 1/1
Second Finest of Just Five Specimens Known
This new addition is the second finest specimen of the 1873-CC “No Arrows” Quarter. The PCGS Price Guide Value is $475,000. This coin lasted appeared in Stack Bowers August 2012 Philadelphia ANA auction where it sold for $470,000. It was described by Stack's Bowers this way: An original and thoroughly appealing near-Gem, both sides are layered in blended "old silver" and steel gray patina. The toning lightens somewhat when the surfaces dip into a light, allowing ready appreciation of full, satiny mint luster, as well as subtle reddish-silver, pale lilac and powder blue undertones. Sharply, if not fully struck throughout, and free of outwardly distracting abrasions which preclude notice of even a single readily evident pedigree marker. Until the early 1990s only three examples of the 1873-CC No Arrows Liberty Seated quarter were known to exist, all of which are Mint State coins. In 1992, however, a circulated example was confirmed at that year's ANA convention, followed by a second circulated example authenticated by Larry Briggs (author of the book The Comprehensive Encyclopedia of United States Liberty Seated Quarters, 1991) in 1996. The total number of 1873-CC No Arrows quarters known has remained firm since then at just five coins.
The finest known 1873-CC “No Arrows” Quarter is a PCGS graded MS66. The last time the MS66 coin sold publicly was over 35 years ago. I would assume this MS66 specimen to be a NFS coin. The Hansen specimen is one grade point better that the Eliasberg MS63 PCGS coin. John Bush describes the purchase as “our newest addition to the set is a rather significant one”. In my view, this addition does satisfy Hansen desire to have a better specimen than Eliasberg. If anyone has more information to share on the 1873-CC “No Arrows” Quarter, please do so.
Provenance: John W. Haseltine - unknown intermediaries - F.C.C. Boyd - Numismatic Gallery “World's Greatest Collection” 3/1945:378 - Harold M. Budd - Ben Stack (Imperial Coin Company) - Numismatic Gallery (Abe Kosoff and Abner Kreisberg) - Ambassador and Mrs. R. Henry Norweb, acquired 1954 - Bowers & Merena 3/1988:1647, $88,000 - various dealer intermediaries - William Greene - Superior 2/1998:2038 (as PCGS MS64), $209,000 - Nevada Collection - Heritage 8/1999:6281 (as PCGS MS64 02652942), not sold - Battle Born Collection - Stack’s/Bowers 8/2012:11094, $460,000
1873-CC Liberty Seated Quarter. No Arrows. Briggs 1-A. PCGS MS-64 POP 1/1
Eliasberg 1873-CC Liberty Seated Quarter
My 20th Century Gold Major Design Type Set ---started : 11/17/1997 ---- completed : 1/21/2004
Here's what Greg Reynolds (@Analyst) wrote about the 1873-CC No Arrows 25c, when this MS-64 coin sold for $460k in the Battle Born collection in 2012:
https://coinweek.com/featured-news/battle-born-results-part-1-rare-silver-carson-city-coins/
The Eliasberg MS-63 was most recently sold from the Gene Gardner collection in 2015 for $376k:
https://coins.ha.com/itm/seated-quarters/1873-cc-25c-no-arrows-ms63-pcgs-briggs-1-a/a/1228-98357.s
The James A. Stack MS-66 or MS-67 last sold at auction in 1990.
https://www.pcgs.com/auctionprices/details/1873-cc-no-arrows-ms/5486
http://www.pcgscoinfacts.com/coin/detail/5486/67
Probably everyone knows the story about how these 1873-CC No Arrows quarters are believed to be from a handful of assay coins sent from Carson City to Philadelphia. Then 4000 were minted, but possibly most of these were melted when the with arrows coins went into production. The 1873-CC No Arrows dime has the same back story, with 12400 minted, but most or all must have been melted.
Thanks, Bruce! You're exactly right. This was a shocker to us...one that we had no idea if we'd find anytime soon!
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
Ha! The James Stack MS-66 sold for 35 cents in 1878, described as "nearly uncirculated."
I guess envy is the word.
@drel3ree: Good Idea for a new thread. 'Taking bets, Red? My opener is less than 6M all in.
Don't speculate with money you can't afford to lose!
Auction Update
There are two coins in upcoming auctions that are on Hansen Top 10 countdown list. Both have cracked the $1M level. Do you think Hansen will acquire both, one, or none?
Heritage Auctions
2018 August 14 - 19 ANA WFOM US Coins Signature Auction - Philadelphia #1278
1854-S Five Dollar Liberty, XF45
Newly Discovered 19th Century Gold Rarity
Only the Fourth Example Known to Collectors
PCGS Coin Guide Price: $1,750,000
Current Bid: $1,260,000
Stacks Bower Galleries
August 2018 ANA - Session 3 - Rarities Night - Lot 1096
The Finest Known 1913 Liberty Head Nickel
1913 Liberty Head Nickel. Proof-66 (PCGS). CAC
PCGS Coin Guide Price: $4,500,000
Current Bid: $1,100,000
My 20th Century Gold Major Design Type Set ---started : 11/17/1997 ---- completed : 1/21/2004
This is just an opinion as I don't play in the game. I think he'll want both but he is going to pay very dearly if he tries to win both in the auctions. Hopefully the $5 will be offered first (I don't know). I'd get the $5 for sure and still go after the nickel. If he stays out of both auctions, he may get each coin offered at lower combined price than if he bought them. The best thing about money is those folks with it have more choices and can even wait for a market downturn.
I'd get a "secret someone" to bid for me and let DLRC fold very early while the price was low. That might keep the guys hoping to buy it and flip it to Mr. Hansen a heart attack!
Looking at that auction page, there was a lot of "Modern Crap" for that time.
Someone had a good source for the Unc 1871 to 1873 Carson City quarters. All in one sale and there are apparently still only 2 or 3 of each known in Unc.
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The PCGS auction prices section is incomplete before 1993 with only some major auctions listed. The Stack 1873-CC No Arrows is reported as having sold for $286,000 as PCGS-65 in Superior's August 1991 sale.
https://archive.org/stream/superiorgallerie1991supe#page/n1/mode/2up
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"To Be Esteemed Be Useful" - 1792 Birch Cent --- "I personally think we developed language because of our deep need to complain." - Lily Tomlin
I think that he will win both. Obviously these are not run of the mill coins. He is too close to the finish line to play any games hoping he may get another shot in the future.
The nickel goes off first
the 35c was an 1873 CC no arrows quarter and a shiny new 1822 dime.
That presents a problem for him. I am going to make some very uneducated guesses. The 1913's have sold for 5 million dollars. All things considered each of them is a more significant coin than the $5 that is just another coin UNLESS you are going for rarity or completion. Then the coins are equal.
If Mr. Hansen & DLRC goes after the $5 without any behind the scene trickery of any kind (as my suggested "secret bidder") then I'm going to guess the 1854-S is going to sell for at least 4 million dollars after all the costs are rolled in.
Remember, I'll either have a lucky guess or I'll just prove my often expressed ignorance about coin pricing. This is fun.
The 1854-S has a little stink to it and it’s in a NGC holder. I can’t see it getting anywhere close to 4 million.
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......
I chickened out after price research. LOL Now I'll guess three million + and whomever buys it will be buried for a while!
Yes but they'll need to prove the "stink."
I think the nickel will sell for more than the $5. Just my 2c.
Whitman Brands: President/CEO (www.greysheet.com; www.whitman.com)
PNG: Executive Director (www.pngdealers.org)
Based on publicity and "fame?"
Absolutely agree
Everyone has an opinion on the nickel. In the end, its only the people who can write the check will decide and know what the value is.
I predict there will be only 3-4 real contenders (two are unknown to the general public). Its easy to fantasize about other peoples money or desires. I just had one of the absolute biggest buyer of coins in the world no not this grand poo bah) phone bidding on my coin in my auction. You'd think that would be a lock sale. The price as not anything to him. Yet he did not pull the trigger. I think its hilarious how every here seems to think they know what the coin will sell for. Its very thin air over $1 million.
Coins at this level is clearly high-stakes poker. If you don't know who the mark is...
...and DEMAND!
Another great auction, run by even better people. Thank you Laura!
The 73 CC Quarter is phenomenal.
So what days and times (Eastern Time Zone) are the 1854 S $2.50 and 1913 V Nickel going to hit the floor?
Laura,
You are correct - again.
It is only a game to many of us. Hardly anyone on CU is even qualified to play the real game or even have a valid opinion of what any of these coins are worth. Honestly, I don't care what the thing sells for! See my
Fantasy auction thread.
What is hilarious is that the guesses on the hammer price being posted here by unqualified folks as I should even merit your
attention.
WOW, wouldn't that be polite and orderly.
Count Down 29 --- A Dahlonega Gold Addition
Only 29 to go… This is not a new addition to write home about. It does serve the purpose as one more toward the finish line. I take this purchase to be a settle for coin, with plans to replace in the future. David Akers (1975/88) describes the coin this way: Certainly very scarce as a date, but considerably easier to obtain in uncirculated condition than most Dahlonega Mint quarter eagles. Generally seen much more sharply struck than the D Mint quarter eagles from 1849 to 1856 and some specimens even have nearly complete denticles. I have seen four or five mint state examples, and undoubtedly a few more exist than that. I repeat, however, this is a very scarce date; it is just that it is not as rare as many of the other Dahlonega Mint quarter eagles in choice condition.
1857-D $2.50 AU53 CAC
This new addition Dahlonega quarter eagle is one of five that is needed to complete the set. The 1857-D AU53 is valued at $5250 in the PCGS Price Guide. This specimen was listed in an auction on Scotsman Coin and Jewelry website that closed last tonight. The coin was in lot 152 in The Midwest Summer Sale – 2018 auction. The 1857-D sold for $7,250 (+15%). The buyer must have seen some potential in this coin. The seller description: The stingy emission of under twenty-four hundred pieces saw considerable attrition over time, as the population reports between both grading services suggest a very low survival rate overall. Furthermore, many are seen with problems of every sort, including cleaned, defaced, and previously jewelry-mounted examples. Happily, this memorable coin has managed to escape any odious handling, and shows merely the effects of honest circulation. Beautiful golden-grey patina layers the entire surface, with the design unexpectedly well-rendered for Dahlonega product.
Provenance: Unknown
1857-D $2.50 AU53 CAC
My 20th Century Gold Major Design Type Set ---started : 11/17/1997 ---- completed : 1/21/2004
I like the coin, but 53 and CAC...WOW, that seems generous. Okay, maybe the OBV...
The 57D is incredible. Finally a coin I really appreciate ($2.5 are my all time fav coins)
That 57-D $2.5 is quite nice!
Latin American Collection
New Upgrades to D.L. Hansen Collection
Over the weekend, the collection has added and upgraded about 85 coins. These coins were circulating strikes, proofs and even a few major varieties. There are several coins that can be discussed, but I will focus on the upgrades to the Barber Half Dollars Basic Set, Circulation Strikes (1892-1915). There were 9 upgrades that were contributed to this set, five PCGS finest, three tied- PCGS finest (2/0) and one is POP 1/1. These upgrades put the Hansen over the top for the all-time finest PCGS Barber Half Dollars Basic Set. The previous All-Time Finest, Hall of Fame set, Dr. and Mrs. Steven L. Duckor Collection with a weighted grade of 66.78. The Hansen set is now a couple ticks better at 66.81. The total PCGS grade value for the nine Barber half dollar upgrades: $329,500. I am sure Perfection can help with any holes and incorrect information.
1905-S 50C MS67+ CAC Cert 05976619 POP 1/0 - Replaces 1905-S MS64+ POP 1/12 - PCGS Value $32,500
Provenance: Unknown
1906-O 50C MS67+ CAC Cert 16398745 POP 1/0 – Replaces 1906-O MS66 POP 8/4 - PCGS Value $54,500
Provenance: New Orleans Mint - S. Benton Emery - Walter P. Nichols - Bowers & Merena 11/1984:835 - Dr. Thaine B. Price - David Akers 5/1998:168 - Dr. Steven Duckor - Heritage 8/2010:3217, $46,000 - “Perfection” Collection (PCGS Set Registry)
1906-S 50C MS67+ CAC Cert 16398746 POP 1/1 – Replaces 1906-S MS66 POP 4/5 - PCGS Value $26,500
Provenance: Ex: Numismatics, Ltd. (2/1976); James Bennett Pryor (Bowers and Merena, 1/1996), lot 300; David Akers (2/15/2006). From The Dr. and Mrs. Steven L. Duckor Barber Half Dollar Collection
1907-D 50C MS67+ CAC Cert 05350268 POP 2/0 – Replaces 1907-D 50C MS66 POP 10/6 - PCGS Value $30,000
Provenance: Ex: FUN Signature (Heritage, 1/2010), lot 2259, which brought $17,250. From The Jim O'Neal Collection
1907-S 50C MS67+ CAC Cert 16432093 POP 1/0 – Replaces 1907-S MS65 POP 8/10 - PCGS Value $35,000
Provenance: Ex: David Akers (12/23/1994). From The Dr. and Mrs. Steven L. Duckor Barber Half Dollar Collection
1908-O 50C MS68 CAC Cert 25043910 POP1/0 – Replaces 1908-O MS67 POP 14/7 - PCGS Value $50,000
Provenance: Perfection 9 Collection
1909-O 50C MS67+ CAC Cert 19806543 POP 1/0 – Replaces 1909-O MS66 POP 4/1 - PCGS Value $55,000
Provenance: Ex: John C. Hugon Collection (Heritage, 1/2005), lot 4254; Harry Laibstain (1/12/2005). From The Dr. Peter and Janice Shireman Collection.(
1913 50C MS66+ CAC Cert 07601735 POP 2/0 – Replaces 1913 MS66 POP 5/1 - PCGS Value $18,500
Provenance: John C. Hugon Collection
1914 50C MS66+ CAC Cert 25649338 POP 1/0 – Replaces 1914 MS 65 10/4 - PCGS Value $27,500
Provenance: Larry Shepherd, sold privately on 7/22/1998 - Dr. & Mrs. Steven L. Duckor Collection - Heritage 8/2010:3241, $37,375 - Eugene H. Gardner Collection, Part II - Heritage 10/2014:98567, $30,550
My 20th Century Gold Major Design Type Set ---started : 11/17/1997 ---- completed : 1/21/2004
I always have to laugh when a current set takes over All Time Finest from a great set of a decade ago. Many of the coins are exactly the same - they’re just in new holders
This guys an ANIMAL! I love it.
When you own the coin, your name goes on it.
He must have very deep pockets to be upgrading rather than saving his money to complete his goal of completion. All the upgrading does is make those helping him get richer - yes/no?
Well, I personally wish that were the case with these!
With regard to the Barbers, we sent the collection in to get pedigreed appropriately.
I also hand-picked some of the Halves for re-grading as they were clearly the nicer of the group and we were successful on 8-9 pieces.
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
Here are the recent Roosevelt Dime additions to the Hansen set if anyone cares:
1965 68FB 2/0
1969D 67FB 5/0
1986P 67FB 4/0
2001D 69FB 4/0
2010D 68FB 18/0
2011P 68FB 10/1
2011D 68FB 5/1
2014D 68FB 11/0
The first 3 dimes on this list are insanely difficult to obtain in these grades just so you know.
Later, Paul.
The provenance on the 1905-S 50C includes:
Heritage 2/2007:3553, $26,450 - Stack's/Bowers 1/2013:13206, $20,563
Ron Guth, Chief Investigator
The Numismatic Detective Agency
I don’t think the animal description is exactly right. A cat is an animal. My description would be a BEAST.
My 20th Century Gold Major Design Type Set ---started : 11/17/1997 ---- completed : 1/21/2004
The DLH Barber Half set was sent to PCGS. I think it received 9 pluses and four upgrades which put it ahead of Duckor.
I believe JB and DLH are honest and have top integrity. In fact, I KNOW that they did not pay the absurd and potentially
gray area "concierge" fee to have their coins looked at for possible upgrades. There are certain people that PCGS favors for
various reasons. These people are able to get pluses and upgrades where others can't. You need to be part of the
"old boys" network. I am not as of yet. JB is 100% correct in that some or most of the coins that were upgraded with
pluses, deserved them. The sad part is that I KNOW and AGREE with JB on this!
I sent most of the same coins to PCGS multiple times and received nothing but bills! ☺
As for the upgrades, that become non CAC, I do not believe in that for sets.
I have looked over the Hansen set. There are 13 coins that are not CAC. There were 9 when the set was first listed.
So either PCGS upgraded a few of mine or DLH already had or purchased other Barbers in higher grades. Currin can probably tell. I think he had 9 of this own coins and four CAC coins were upgraded.
Out of the 13 non CAC coins, 8 do have a CAC example(s) and five do not. I probably said it before, but it is very difficult if not impossible to build an entire CAC set. (not counting the ones that currently exist.) The main reason is that there no
CAC coins in certain grades that exist. So money is not a factor.
I assume DLH will purchase any CAC coin he finds to replace non CAC in this set.
Several years ago the lone 1896-O in MS67 was at a Heritage auction. I think I paid 45K or so for DLH's GEM 66+.
I did not want to pay around 90K for half a score up in the registry. However as set builders KNOW, the way to move
up the fastest is to have the top KEY Dates.
RSD, the person who has the top Barber Quarter MS Set, sent it in for pluses only and would not accept any upgrades. He
wanted the set to be all CAC which is the right thing to do if possible.
Lastly it seems that DLH is becoming more focused on quality and therefore he is purchasing more and more CAC coins.
If you are going to pay the price the coin usually must be CAC. At the Legend sale he purchased a 1876-S, 2.50.
Rare, great coin. I and a few others wanted it. DLH paid a record price. So what, CAC, nice and quite rare. Good buy!
Great post Perfection.
However, I am amazed at what top end collectors will do, and pay, to have one man's blessing on their coins.
Thanks for update Paul. This is very high quality list of Roosevelts. I am not sure where Hansen obtained these coins, but just a quick check; I know at least one was purchased from eBay. I think this does indicate that he is interested in the little coins. Please feel free to post if anyone has more info on this list. I bet the dimeman know all the details.
Also, there were three other pre-65 coins dimes that he updated. I would like to share them. The first one I think is the most interesting. It is not a 1/0, but it is an Eliasberg specimen that was last seen in an old green holder. As said here before, to beat the man; you have to buy the man’s best coins.
1860-S 10C F-101, R.4, MS65 CAC Cert 02609876 POP2/0 - Replaces 1860-S 10C MS62 POP 4/8
This Eliasberg specimen last appeared in Heritage Auctions 2017 August ANA were it sold for $28,200. PCGS grade value for this coin is $40,000. The coin was described this way: This coin is satiny and lustrous with warm golden toning and unabraded surfaces. The stars and Liberty portrait are sharp, but slight weakness is seen on the reverse wreath bow. The advanced Seated dime collector should bid strongly to acquire this remarkable rarity. Housed in a green label holder. The Eliasberg Gem is tied with one other as the finest at PCGS. At NGC, there are none in this grade but one MS66 is reported finer. The CAC population is two in MS65 and none finer. There is a NGC MS66 specimen that is a very white coin and Coin Facts estimates the grade at MS65. You can be the judge of the better coin. The NGC makes the claim as being the finest. I wonder if Eliasberg may be a subject for an upgrade.
Provenance: Ex: Louis E. Eliasberg, Sr. Collection (Bowers and Merena, 5/1996), lot 1167.
1911-S PCGS MS67+ CAC EX SIMPSON POP1/0
This coin was upgraded in the sets this weekend, but I believe to have been in the collection for some time. This coin last appeared in Legend Rare Coin Auctions. It sold for $4,935 on 7/13/2017. The coin was described this way: One microscopic planchet divot is all that holds this coin back from a killer MS68 designation! This coin has flawless, bold satiny surfaces and an exceptional luster that shows off gorgeous, light, original shades of gold/pale green. Miss Liberty and the details are frosty and have crisp strikes. The eye appeal is delightful! This is still the SOLE FINEST graded at PCGS. It realized $5,523 in December 2014…. Barber specialists should rejoice at the opportunity to own this Superb Gem!
Provenance: Bob R. Simpson Collection - Legend Rare Coin Auctions 12/2014:122, $5,523
1928-S 10C, FB MS67+ FB CAC Cert 35448034 POP 1/0 - Replaces 1928-S MS67 POP 13/1
I think this is the first “Mercury” dime that I have shared. This one was certainly worth the wait. This coin was purchased 7/26/2018 in Legend Rare Coin Auctions, Caesars Palace, NV. The bidding appeared have taken placed by an online company call NewJeresy.hibid.com. I am not sure that I understand this purchase method. The price paid for this dime was $49,937.50. PCGS grade value for this coin is $55,000. I find this very interesting because Hansen already had the MS67 in his inventory, and still paid $50K for a "plus specimen" upgrade. I guess the finest known is the goal. The coin was described this way: What an amazing example--the FINEST 28-S Dime graded at PCGS! A SUPERB satiny frost glows on both the obverse and reverse of this immaculate Mercury dime. Razor sharp in strike, the details are crisply rendered and the central devices are complete. Even with the aid of a powerful glass we are unable to find even the tiniest tick or frost break anywhere. You can study the surfaces for hours and not find any flaw worthy of mention, anywhere! Needless to say this coin is clearly worthy of its lofty grade and its technical quality is off the chart!
Provenance: Unknown
My 20th Century Gold Major Design Type Set ---started : 11/17/1997 ---- completed : 1/21/2004
The 1860 S dime was from the recent Legend auction.
Sunshine Rare Coins
sunshinecoins.com/store/c1/Featured_Products.html
No offense to Dimeman, but he doesn't know Roosies like I do. He certainly knows his dimes, but it turns off at the Roosies.
The #1 clad set owned by Halcyon owned his own clad set and then bought OnlyRoosies #1 set, so Halcyon had an extra 100% complete clad set. He consigned it or sold it to Wondercoin's son who is Monstercoinmart on eBay. All of Hansens clad purchases on the list I posted came from eBay. I suspect that he will certainly add more dimes to that list, but he will never even come close to #1 with the set OnlyRoosies put together, and with some of the upgrades since the sale. Why he never received the H.o.F. award is beyond concerning.
Later, Paul.
Paul, I checked Hansen’s focus on post 1964 specimens. It appear to me that he is focus on collecting a complete set, but does not appear that he is focused on the finest specimens. Presently, he has purchase only five PCGS POP 1/0 post 1964 specimens (out of approx, 850). I am not sure if this is by purpose. Maybe John B can shed some light on the objective of the post 1964 purchases. I guess my question would be, is PCGS POP 1/0 post 1964 a good long term investment? Thoughts?
My 20th Century Gold Major Design Type Set ---started : 11/17/1997 ---- completed : 1/21/2004
With moderns being so popular and with tons of mint sets untouched along with rolls and rolls of coins out there, I would think any pop (1/0) would be a questionable investment. It's great to have pop 1's, but there are too many hunters out there searching for those high grade coins.
I don't chase them anymore.
Later, Paul.