@Stooge said:
I only pray that when this collection is 100% complete and he is "somewhat" done upgrading, that a coffee table type book with tons of illustrations is written. I certainly would love a copy!
Do you want it with or without the 1964-Present coins?
@Stooge said:
I only pray that when this collection is 100% complete and he is "somewhat" done upgrading, that a coffee table type book with tons of illustrations is written. I certainly would love a copy!
Do you want it with or without the 1964-Present coins?
I would love to see Dell Loy's incredible collection in a hardbound coffee table-type book.
@Stooge said:
I only pray that when this collection is 100% complete and he is "somewhat" done upgrading, that a coffee table type book with tons of illustrations is written. I certainly would love a copy!
Do you want it with or without the 1964-Present coins?
I would love to see Dell Loy's incredible collection in a hardbound coffee table-type book.
I'd call it: "100%: The Quest For Perfection"
I agree with it being 2, or maybe 3 volumes.
I think a gold volume, silver volume, and copper/nickel volume would work well.
@edwardjulio said:
The Proof Liberty Head Eagles will be a significant impediment to completion for DLH. Some of the dates and PCGS pops as follows:
1838-2 1848-0 1861-4
1839/8-1 1849-0 1870-1
1840-0 1850-0 1874-2
1841-0 1854-0 1877-1
1842-0 1855-0 1878-4
1843-1 1856-0
1844-0 1857-0
1845-4 1858-1
1846-2 1859-2
1847-0 1860-3
Maybe in a very long time.
do we know where these coins are ? are they in just a few collections or spread out?
@edwardjulio said:
The Proof Liberty Head Eagles will be a significant impediment to completion for DLH. Some of the dates and PCGS pops as follows:
1838-2 1848-0 1861-4
1839/8-1 1849-0 1870-1
1840-0 1850-0 1874-2
1841-0 1854-0 1877-1
1842-0 1855-0 1878-4
1843-1 1856-0
1844-0 1857-0
1845-4 1858-1
1846-2 1859-2
1847-0 1860-3
Maybe in a very long time.
How do the ATS pops look for those? Any with 0 for both TPGs?
@edwardjulio said:
The Proof Liberty Head Eagles will be a significant impediment to completion for DLH. Some of the dates and PCGS pops as follows:
1838-2 1848-0 1861-4
1839/8-1 1849-0 1870-1
1840-0 1850-0 1874-2
1841-0 1854-0 1877-1
1842-0 1855-0 1878-4
1843-1 1856-0
1844-0 1857-0
1845-4 1858-1
1846-2 1859-2
1847-0 1860-3
Maybe in a very long time.
Great first post. Welcome to forum and Hansen watch
We agree that a complete set of proofs is a very difficult challenge due to the low number of survivors in the early years.
Hansen's main goal is an "Eliasberg" set - every denomination, year and mintmark, with average grades comparable to Eliasberg. Some of the Philadelphia coins could be proof or business strike, as Eliasberg collected this way.
So the proofs are not required, but he will get as many as he can along the way.
@edwardjulio said:
The Proof Liberty Head Eagles will be a significant impediment to completion for DLH. Some of the dates and PCGS pops as follows:
1838-2 1848-0 1861-4
1839/8-1 1849-0 1870-1
1840-0 1850-0 1874-2
1841-0 1854-0 1877-1
1842-0 1855-0 1878-4
1843-1 1856-0
1844-0 1857-0
1845-4 1858-1
1846-2 1859-2
1847-0 1860-3
Maybe in a very long time.
All of these are obtainable but will be difficult. The only half eagle proof that is impossible at this time, is the 1837. This is an unquie date in proof and the only specimen is in the Smithsonian.
Another very fine, beautiful little lady has been updated. The lady being replaced was a very nice PR66 Cameo CAC. DLH presently holds the All-Time Finest Liberty Seated Proof Dime set, so this replacement was not to help chase down a leader. The replacement is to improve an already number one set. If you have been watching the Hansen Collection, you will see this happening very often, that is replacing a low pop high grade specimens with a better or finer coins.
1868 PR67+ Cameo CAC Cert 25797814 PCGS POP 1/0 - Replaces 1868 PR66CA CAC POP 5/4
This specimen was sold a couple weekends ago at the Heritage 2016 September 7 - 11 Long Beach Expo US Coins Signature Auction. The coin realized $12,925 that is short of the All-Time Auction Record of $18,800 for PCGS PR67 in a 2013 Heritage Sale. PCGS values that coin at $22,500. I think it could be said that this coin was purchased at a good price.
The Heritage listing described the coin as: This Superb Gem proof Cameo Seated dime offers the best of both worlds to collectors, wonderful patina in shades of sunset-orange, fire-red, and steel-blue on the reverse, with the latter color occupying the center reverse against pale yellow and pink champagne rim toning on the reverse. The devices are quite well-frosted, sufficient to garner a Cameo designation. Mentionable marks are a nonissue here. The late Gene Gardner's finest example from this proof issue of 600 coins was a PR66 NGC piece. Only once before have we offered a PR67 Cameo PCGS example of this date, lot 3982 in our FUN Signature (Heritage, 1/2013), which brought $18,800 -- and that coin lacked the CAC approval.
I am not sure the grade of the Eliasberg specimen. His registry set describes he had a Gem Proof that realized $1,430 in 1996 Bowers & Merena Sale. Coin Facts does not list the Eliasberg specimen in Top 10 Pedigree and History.
Provenance: Unknown
1868 Dime, PR67+ Cameo CAC Wonderful Color and Contrast
@Stooge said:
I only pray that when this collection is 100% complete and he is "somewhat" done upgrading, that a coffee table type book with tons of illustrations is written. I certainly would love a copy!
Do you want it with or without the 1964-Present coins?
I would love to see Dell Loy's incredible collection in a hardbound coffee table-type book.
I'd call it: "100%: The Quest For Perfection"
I agree with it being 2, or maybe 3 volumes.
And make sure it’s updated with a new edition every month.
Andy Lustig
Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.
This upgrade to the $10 gold eagle is a mint state rarity. This is only the second known mint state. At least to me, the history of this recent PCGS certified coin is not verified. Is specimen a new discovery from the uncertified ranks? Is it an AU58 upgrade? Is it a crossover from the NGC coin? The coin appears to me to be the same coin sold in February 2018 Heritage Auction as an 1858 MS61 NGC w/ cert 365001-003. That specimen realized $27,600 and was described as Second Finest Known. Let’s get back to the rarity of the coin. This is a discussion of the 1858 Eagle and maybe the mention of this specimen.
P. Scott Rubin: The 1858 Eagle is a very rare coin with a circulation mintage of only 2,521 and a survival estimate of only 25 to 30 specimens. The surviving coins of this issue range from VF20 to MS64+. I know of no circulation strikes of this issue to appear at auction before 1937 and only four auction appearances before 1950. The highest certified Mint State 1858 Eagle has been graded by PCGS as MS64+ and NGC as MS64. This coin is currently the only one graded MS60 or finer by PCGS. NGC shows this same coin as the only one they have graded above MS61…. While a number of specimens of the 1858 Eagle have surfaced since the 1970’s, the condition census has not changed. Before 1970 there were only two auction appearances of an AU 1858 Eagle and none higher. They appeared in Mehl’s 1946 Atwater Sale, as lot 1436, and in Kagin’s 1964 250th Sale, Part 3, as lot 1288.
This replacement eagle is one of only two known mint state PCGS 1858 specimens. As discussed above, I believe this to be the NGC MS61 specimen that has been crossover to PCGS without a deduction. The Hansen Collection purchased the coin in a David Lawrence Auction Sept 2nd this month for $60,350. I am amazed the increase of the coin from the February Heritage Sale, and this month’s DLRC sale, if specimen is the same coin. The only big difference is the TPG. I hope John Bush would share some clarity. At this point until someone disputes this conclusion, I am going to assume they are the same coin. The Heritage Auction describe the coin as: This piece must have been one of the first struck after the dies were lapped and polished. The fields on each side sparkle with deep reflectivity and the devices are thickly frosted, creating a lovely two-toned cameo effect. The centers are fully struck, while the stars and the tip of the eagle's left wing are incompletely defined. Numerous small abrasions are peppered throughout, but the only ones that might be used for future reference are a milling mark on the lower portion of Liberty's cheek and a short scratch below the TA in STATES.
Provenance: From The Admiral Collection (assumed)
Other facts:
The finest specimen is the Simpson Collection coin that is from Palakika Collection and later the Ellen D Collection. The coin is MS64+ PCGS that realized $276,000 is a Heritage 2007 Auction. What would it be worth today?
The Hansen coin is a higher grade than Eliasberg specimen. His registry set describes his specimen as AU55 estimated grade from Atwater Collection; Mehl (1946). The Eliasberg coin was sold by Bowers & Ruddy Oct '82 price realized $7,150
@tradedollarnut said:
ten of these middling type upgrades is a half a million. Not sure that’s money well spent...
I think it reflects your differences in collecting. You seem to enjoy focusing on the ultra rarities in the best condition and Hansen seems to enjoy focusing on building the most complete collection of US coins in condition better than Eliasberg's achievement.
@tradedollarnut said:
ten of these middling type upgrades is a half a million. Not sure that’s money well spent...
I think it reflects your differences in collecting. You seem to enjoy focusing on the ultra rarities in the best condition and Hansen seems to enjoy focusing on building the most complete collection of US coins in condition better than Eliasberg's achievement.
Eliasberg:
1913 liberty head nickel PR66
1894-S dime PR65
1838-O half PR65
1804 dollar PR65
1884 trade dollar PR66
1885 trade dollar PR65
Apparently, Eliasberg liked his ultra rarities in the best condition, too.
Eliasberg:
1913 liberty head nickel PR66
1894-S dime PR65
1838-O half PR65
1804 dollar PR65
1884 trade dollar PR66
1885 trade dollar PR65
I loved these puzzles in school. One of these do not belong in the group. Anyone want to guess? Hint: The one that don’t belong, Hansen has the finest specimen.
@tradedollarnut said:
ten of these middling type upgrades is a half a million. Not sure that’s money well spent...
Why would he do it if it wasn’t worth it to him?
We all take advice...from multiple venues. My advice to him is skip spending $100k on coins nobody really cares about and spend it on acquiring the best ultra rarities that you can acquire. In the end, when the entire collection is on display, people will glance at 98% of it and really examine the other 2%.
@tradedollarnut said:
ten of these middling type upgrades is a half a million. Not sure that’s money well spent...
Why would he do it if it wasn’t worth it to him?
We all take advice...from multiple venues. My advice to him is skip spending $100k on coins nobody really cares about and spend it on acquiring the best ultra rarities that you can acquire. In the end, when the entire collection is on display, people will glance at 98% of it and really examine the other 2%.
Honestly, if my collection is ever displayed, I don’t give a ratzazz about what the people who only glance at 98% of it think about it. But if impressing those guys is your goal, I can’t say you’re wrong.
Andy Lustig
Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.
@tradedollarnut said:
ten of these middling type upgrades is a half a million. Not sure that’s money well spent...
Why would he do it if it wasn’t worth it to him?
We all take advice...from multiple venues. My advice to him is skip spending $100k on coins nobody really cares about and spend it on acquiring the best ultra rarities that you can acquire. In the end, when the entire collection is on display, people will glance at 98% of it and really examine the other 2%.
Honestly, if my collection is ever displayed, I don’t give a ratzazz about what the people who only glance at 98% of it think about. But if that’s your goal, I can’t say you’re wrong.
WHO that has an opinion you care about would go out of their way to comment “my that 1858$10 in ratty 61 is sure better than the nice 55 it replaced “
My advice is given in the context that funds are not unlimited- the bang for the buck is elsewhere from obscure mid 19th century eagles in low grade unc.
I like Hansen’s approach so far because it’s fun and different. We’ve had a lot of the 2% so seeing a 100% or even a 98% collection is nice. I like seeing the upgrades from pop 5/4 to 1/0. It’s good to have some diversity.
Eliasberg:
1913 liberty head nickel PR66
1894-S dime PR65
1838-O half PR65
1804 dollar PR65
1884 trade dollar PR66
1885 trade dollar PR65 @Currin said:
I loved these puzzles in school. One of these do not belong in the group. Anyone want to guess? Hint: The one that don’t belong, Hansen has the finest specimen.
Hansen has the finest graded Proof 1884 T$1 (PR-67) http://www.pcgscoinfacts.com/Coin/Detail/7064
Of course @tradedollarnut and @specialist likely know this coin and the Eliasberg PR-66 (shown as est. PR-65 in CoinFacts, which is a code word for NGC PR-66) and may have more info on the relative grades.
Eliasberg:
1913 liberty head nickel PR66
1894-S dime PR65
1838-O half PR65
1804 dollar PR65
1884 trade dollar PR66
1885 trade dollar PR65
I loved these puzzles in school. One of these do not belong in the group. Anyone want to guess? Hint: The one that don’t belong, Hansen has the finest specimen.
Please tell me that Eliasberg’s 38-O is not graded 65 today!
Andy Lustig
Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.
Eliasberg:
1913 liberty head nickel PR66
1894-S dime PR65
1838-O half PR65
1804 dollar PR65
1884 trade dollar PR66
1885 trade dollar PR65
I loved these puzzles in school. One of these do not belong in the group. Anyone want to guess? Hint: The one that don’t belong, Hansen has the finest specimen.
Please tell me that Eliasberg’s 38-O is not graded 65 today!
Eliasberg:
1913 liberty head nickel PR66
1894-S dime PR65
1838-O half PR65
1804 dollar PR65
1884 trade dollar PR66
1885 trade dollar PR65 @Currin said:
I loved these puzzles in school. One of these do not belong in the group. Anyone want to guess? Hint: The one that don’t belong, Hansen has the finest specimen.
@tradedollarnut said:
ten of these middling type upgrades is a half a million. Not sure that’s money well spent...
Why would he do it if it wasn’t worth it to him?
We all take advice...from multiple venues. My advice to him is skip spending $100k on coins nobody really cares about and spend it on acquiring the best ultra rarities that you can acquire. In the end, when the entire collection is on display, people will glance at 98% of it and really examine the other 2%.
I love liberty gold and in many cases a ms61 or 62 is the finest. I love that Hansen appreciates the rarity of a coin that may be the only unc coin for that particular date. IF nobody really cared about these coins and only cared about the uber rarities, we wouldn't have many collectors and dealers wouldn't be able to sell $100,000 of coins (because no one would pay that kind of money for coins people didnt care about). We all have our preferences, I like what Hansen is doing (except when he outbids me on some of these top pop coins).
@tradedollarnut said:
ten of these middling type upgrades is a half a million. Not sure that’s money well spent...
Why would he do it if it wasn’t worth it to him?
We all take advice...from multiple venues. My advice to him is skip spending $100k on coins nobody really cares about and spend it on acquiring the best ultra rarities that you can acquire. In the end, when the entire collection is on display, people will glance at 98% of it and really examine the other 2%.
Honestly, if my collection is ever displayed, I don’t give a ratzazz about what the people who only glance at 98% of it think about. But if that’s your goal, I can’t say you’re wrong.
WHO that has an opinion you care about would go out of their way to comment “my that 1858$10 in ratty 61 is sure better than the nice 55 it replaced “
My advice is given in the context that funds are not unlimited- the bang for the buck is elsewhere from obscure mid 19th century eagles in low grade unc.
@tradedollarnut said:
ten of these middling type upgrades is a half a million. Not sure that’s money well spent...
Why would he do it if it wasn’t worth it to him?
We all take advice...from multiple venues. My advice to him is skip spending $100k on coins nobody really cares about and spend it on acquiring the best ultra rarities that you can acquire. In the end, when the entire collection is on display, people will glance at 98% of it and really examine the other 2%.
Honestly, if my collection is ever displayed, I don’t give a ratzazz about what the people who only glance at 98% of it think about. But if that’s your goal, I can’t say you’re wrong.
WHO that has an opinion you care about would go out of their way to comment “my that 1858$10 in ratty 61 is sure better than the nice 55 it replaced “
My advice is given in the context that funds are not unlimited- the bang for the buck is elsewhere from obscure mid 19th century eagles in low grade unc.
On the other hand, upgrading a shoddy 55 with a choice 61 could make a lot of sense.
Andy Lustig
Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.
@tradedollarnut said:
ten of these middling type upgrades is a half a million. Not sure that’s money well spent...
I think it reflects your differences in collecting. You seem to enjoy focusing on the ultra rarities in the best condition and Hansen seems to enjoy focusing on building the most complete collection of US coins in condition better than Eliasberg's achievement.
the condition "better than Eliasbergs" is a mistake. AU 55 in 1982 is today PCGS 64 / 65.
For some reason Mr. Hanson seems to be in a rush to complete 95% fast.
@specialist said:
Tyrant has the absolute FINEST $10 set. We sold him the insane MS64 + for an awful lot of money. Today that coin is easily worth over $350,000.00
Tyrant did it the right way in my opinion, I have a lot of admiration for how he built his collection. Quietly, many finest knowns and he just bought when it came up over 15 years. What he owns I believe will be off the market for 50 years.
And if thats the case, Tyrant is just the same like it being in the Smithsonian.
@tradedollarnut said:
ten of these middling type upgrades is a half a million. Not sure that’s money well spent...
Why would he do it if it wasn’t worth it to him?
We all take advice...from multiple venues. My advice to him is skip spending $100k on coins nobody really cares about and spend it on acquiring the best ultra rarities that you can acquire. In the end, when the entire collection is on display, people will glance at 98% of it and really examine the other 2%.
Honestly, if my collection is ever displayed, I don’t give a ratzazz about what the people who only glance at 98% of it think about. But if that’s your goal, I can’t say you’re wrong.
WHO that has an opinion you care about would go out of their way to comment “my that 1858$10 in ratty 61 is sure better than the nice 55 it replaced “
My advice is given in the context that funds are not unlimited- the bang for the buck is elsewhere from obscure mid 19th century eagles in low grade unc.
@tradedollarnut said:
ten of these middling type upgrades is a half a million. Not sure that’s money well spent...
Why would he do it if it wasn’t worth it to him?
We all take advice...from multiple venues. My advice to him is skip spending $100k on coins nobody really cares about and spend it on acquiring the best ultra rarities that you can acquire. In the end, when the entire collection is on display, people will glance at 98% of it and really examine the other 2%.
Honestly, if my collection is ever displayed, I don’t give a ratzazz about what the people who only glance at 98% of it think about. But if that’s your goal, I can’t say you’re wrong.
WHO that has an opinion you care about would go out of their way to comment “my that 1858$10 in ratty 61 is sure better than the nice 55 it replaced “
My advice is given in the context that funds are not unlimited- the bang for the buck is elsewhere from obscure mid 19th century eagles in low grade unc.
On the other hand, upgrading a shoddy 55 with a choice 61 could make a lot of sense.
@tradedollarnut said:
ten of these middling type upgrades is a half a million. Not sure that’s money well spent...
Why would he do it if it wasn’t worth it to him?
We all take advice...from multiple venues. My advice to him is skip spending $100k on coins nobody really cares about and spend it on acquiring the best ultra rarities that you can acquire. In the end, when the entire collection is on display, people will glance at 98% of it and really examine the other 2%.
Honestly, if my collection is ever displayed, I don’t give a ratzazz about what the people who only glance at 98% of it think about. But if that’s your goal, I can’t say you’re wrong.
WHO that has an opinion you care about would go out of their way to comment “my that 1858$10 in ratty 61 is sure better than the nice 55 it replaced “
My advice is given in the context that funds are not unlimited- the bang for the buck is elsewhere from obscure mid 19th century eagles in low grade unc.
@tradedollarnut said:
ten of these middling type upgrades is a half a million. Not sure that’s money well spent...
Why would he do it if it wasn’t worth it to him?
We all take advice...from multiple venues. My advice to him is skip spending $100k on coins nobody really cares about and spend it on acquiring the best ultra rarities that you can acquire. In the end, when the entire collection is on display, people will glance at 98% of it and really examine the other 2%.
Honestly, if my collection is ever displayed, I don’t give a ratzazz about what the people who only glance at 98% of it think about. But if that’s your goal, I can’t say you’re wrong.
WHO that has an opinion you care about would go out of their way to comment “my that 1858$10 in ratty 61 is sure better than the nice 55 it replaced “
My advice is given in the context that funds are not unlimited- the bang for the buck is elsewhere from obscure mid 19th century eagles in low grade unc.
On the other hand, upgrading a shoddy 55 with a choice 61 could make a lot of sense.
--> Why buy a 55 in the first place ?
My point was only that sometimes it makes sense to upgrade from 55 to 61. But to answer your question, I would not recommend an 1858 $10 in shoddy 55. I’d rather wait for a choice original 45, or the 64+ that CJ and I owned long ago, or any other piece with the right look.
Andy Lustig
Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.
the condition "better than Eliasbergs" is a mistake. AU 55 in 1982 is today PCGS 64 / 65.
That’s a gross exaggeration.
In Garrett 1979 - 1981 it is exactly like this in many cases, auction catalogue says AU 55, Gem MS today. Eliasberg catalogue 1982 I dont have but was assuming its similar.
the condition "better than Eliasbergs" is a mistake. AU 55 in 1982 is today PCGS 64 / 65.
That’s a gross exaggeration.
In Garrett 1979 - 1981 it is exactly like this in many cases, auction catalogue says AU 55, Gem MS today. Eliasberg catalogue 1982 I dont have but was assuming its similar.
There were many cases of absurdly conservative grading in those sales. Bidders recognized that and bid accordingly. It’s obvious if you look at the prices realized. Or you can just take my word for it, since I was there.
Andy Lustig
Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.
the condition "better than Eliasbergs" is a mistake. AU 55 in 1982 is today PCGS 64 / 65.
That’s a gross exaggeration.
In Garrett 1979 - 1981 it is exactly like this in many cases, auction catalogue says AU 55, Gem MS today. Eliasberg catalogue 1982 I dont have but was assuming its similar.
There were many cases of absurdly conservative grading in those sales. Bidders recognized that and bid accordingly. It’s obvious if you look at the prices realized. Or you can just take my word for it, since I was there.
Eliasberg:
1913 liberty head nickel PR66
1894-S dime PR65
1838-O half PR65
1804 dollar PR65
1884 trade dollar PR66
1885 trade dollar PR65 @Currin said:
I loved these puzzles in school. One of these do not belong in the group. Anyone want to guess? Hint: The one that don’t belong, Hansen has the finest specimen.
Hansen has the finest graded Proof 1884 T$1 (PR-67) http://www.pcgscoinfacts.com/Coin/Detail/7064
Of course @tradedollarnut and @specialist likely know this coin and the Eliasberg PR-66 (shown as est. PR-65 in CoinFacts, which is a code word for NGC PR-66) and may have more info on the relative grades.
That is correct. The 1884 TD does not belong. Do anyone know why? Hint: all these coins are required in a PCGS registery set except the 1884 TD.
Comments
Perhaps two volumes?
I would love to see Dell Loy's incredible collection in a hardbound coffee table-type book.
I'd call it: "100%: The Quest For Perfection"
I agree with it being 2, or maybe 3 volumes.
I think a gold volume, silver volume, and copper/nickel volume would work well.
My 20th Century Gold Major Design Type Set ---started : 11/17/1997 ---- completed : 1/21/2004
.
End Systemic Elitism - It Takes All Of Us
do we know where these coins are ? are they in just a few collections or spread out?
How do the ATS pops look for those? Any with 0 for both TPGs?
Great first post. Welcome to forum and Hansen watch
My 20th Century Gold Major Design Type Set ---started : 11/17/1997 ---- completed : 1/21/2004
.
End Systemic Elitism - It Takes All Of Us
We agree that a complete set of proofs is a very difficult challenge due to the low number of survivors in the early years.
Hansen's main goal is an "Eliasberg" set - every denomination, year and mintmark, with average grades comparable to Eliasberg. Some of the Philadelphia coins could be proof or business strike, as Eliasberg collected this way.
So the proofs are not required, but he will get as many as he can along the way.
All of these are obtainable but will be difficult. The only half eagle proof that is impossible at this time, is the 1837. This is an unquie date in proof and the only specimen is in the Smithsonian.
My 20th Century Gold Major Design Type Set ---started : 11/17/1997 ---- completed : 1/21/2004
Update – Proof Liberty Seated Dime
Another very fine, beautiful little lady has been updated. The lady being replaced was a very nice PR66 Cameo CAC. DLH presently holds the All-Time Finest Liberty Seated Proof Dime set, so this replacement was not to help chase down a leader. The replacement is to improve an already number one set. If you have been watching the Hansen Collection, you will see this happening very often, that is replacing a low pop high grade specimens with a better or finer coins.
1868 PR67+ Cameo CAC Cert 25797814 PCGS POP 1/0 - Replaces 1868 PR66CA CAC POP 5/4
This specimen was sold a couple weekends ago at the Heritage 2016 September 7 - 11 Long Beach Expo US Coins Signature Auction. The coin realized $12,925 that is short of the All-Time Auction Record of $18,800 for PCGS PR67 in a 2013 Heritage Sale. PCGS values that coin at $22,500. I think it could be said that this coin was purchased at a good price.
The Heritage listing described the coin as: This Superb Gem proof Cameo Seated dime offers the best of both worlds to collectors, wonderful patina in shades of sunset-orange, fire-red, and steel-blue on the reverse, with the latter color occupying the center reverse against pale yellow and pink champagne rim toning on the reverse. The devices are quite well-frosted, sufficient to garner a Cameo designation. Mentionable marks are a nonissue here. The late Gene Gardner's finest example from this proof issue of 600 coins was a PR66 NGC piece. Only once before have we offered a PR67 Cameo PCGS example of this date, lot 3982 in our FUN Signature (Heritage, 1/2013), which brought $18,800 -- and that coin lacked the CAC approval.
I am not sure the grade of the Eliasberg specimen. His registry set describes he had a Gem Proof that realized $1,430 in 1996 Bowers & Merena Sale. Coin Facts does not list the Eliasberg specimen in Top 10 Pedigree and History.
Provenance: Unknown
1868 Dime, PR67+ Cameo CAC Wonderful Color and Contrast
My 20th Century Gold Major Design Type Set ---started : 11/17/1997 ---- completed : 1/21/2004
WOW, that is an amazing dime! I just fell in love!
Later, Paul.
Looks very true to the goal of buying Wow coins at fair prices.
And make sure it’s updated with a new edition every month.
Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.
This is a beautiful upgrade, going from a POP 5/4 to a POP 1.0 with such a beautiful coin is amazing.
Old Gold Eagle Upgrade
This upgrade to the $10 gold eagle is a mint state rarity. This is only the second known mint state. At least to me, the history of this recent PCGS certified coin is not verified. Is specimen a new discovery from the uncertified ranks? Is it an AU58 upgrade? Is it a crossover from the NGC coin? The coin appears to me to be the same coin sold in February 2018 Heritage Auction as an 1858 MS61 NGC w/ cert 365001-003. That specimen realized $27,600 and was described as Second Finest Known. Let’s get back to the rarity of the coin. This is a discussion of the 1858 Eagle and maybe the mention of this specimen.
P. Scott Rubin: The 1858 Eagle is a very rare coin with a circulation mintage of only 2,521 and a survival estimate of only 25 to 30 specimens. The surviving coins of this issue range from VF20 to MS64+. I know of no circulation strikes of this issue to appear at auction before 1937 and only four auction appearances before 1950. The highest certified Mint State 1858 Eagle has been graded by PCGS as MS64+ and NGC as MS64. This coin is currently the only one graded MS60 or finer by PCGS. NGC shows this same coin as the only one they have graded above MS61…. While a number of specimens of the 1858 Eagle have surfaced since the 1970’s, the condition census has not changed. Before 1970 there were only two auction appearances of an AU 1858 Eagle and none higher. They appeared in Mehl’s 1946 Atwater Sale, as lot 1436, and in Kagin’s 1964 250th Sale, Part 3, as lot 1288.
1858 $10 MS61 Cert 35061185 PCGS POP 1/1 – Replaces 1858 $10 AU55 2/4
This replacement eagle is one of only two known mint state PCGS 1858 specimens. As discussed above, I believe this to be the NGC MS61 specimen that has been crossover to PCGS without a deduction. The Hansen Collection purchased the coin in a David Lawrence Auction Sept 2nd this month for $60,350. I am amazed the increase of the coin from the February Heritage Sale, and this month’s DLRC sale, if specimen is the same coin. The only big difference is the TPG. I hope John Bush would share some clarity. At this point until someone disputes this conclusion, I am going to assume they are the same coin. The Heritage Auction describe the coin as: This piece must have been one of the first struck after the dies were lapped and polished. The fields on each side sparkle with deep reflectivity and the devices are thickly frosted, creating a lovely two-toned cameo effect. The centers are fully struck, while the stars and the tip of the eagle's left wing are incompletely defined. Numerous small abrasions are peppered throughout, but the only ones that might be used for future reference are a milling mark on the lower portion of Liberty's cheek and a short scratch below the TA in STATES.
Provenance: From The Admiral Collection (assumed)
Other facts:
The finest specimen is the Simpson Collection coin that is from Palakika Collection and later the Ellen D Collection. The coin is MS64+ PCGS that realized $276,000 is a Heritage 2007 Auction. What would it be worth today?
The Hansen coin is a higher grade than Eliasberg specimen. His registry set describes his specimen as AU55 estimated grade from Atwater Collection; Mehl (1946). The Eliasberg coin was sold by Bowers & Ruddy Oct '82 price realized $7,150
1858 $10 MS61 Second Finest Known
My 20th Century Gold Major Design Type Set ---started : 11/17/1997 ---- completed : 1/21/2004
Based on this photo it's was the NGC 61.
It sold for a wholesale price as a NGC 61 - $27,600
ten of these middling type upgrades is a half a million. Not sure that’s money well spent...
I think it reflects your differences in collecting. You seem to enjoy focusing on the ultra rarities in the best condition and Hansen seems to enjoy focusing on building the most complete collection of US coins in condition better than Eliasberg's achievement.
Frankly, if money is no object and he has a goal in mind - whether he pays premiums over and over - its not really an issue.
Tyrant has the absolute FINEST $10 set. We sold him the insane MS64 + for an awful lot of money. Today that coin is easily worth over $350,000.00
Eliasberg:
1913 liberty head nickel PR66
1894-S dime PR65
1838-O half PR65
1804 dollar PR65
1884 trade dollar PR66
1885 trade dollar PR65
Apparently, Eliasberg liked his ultra rarities in the best condition, too.
Why would he do it if it wasn’t worth it to him?
Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.
I loved these puzzles in school. One of these do not belong in the group. Anyone want to guess? Hint: The one that don’t belong, Hansen has the finest specimen.
My 20th Century Gold Major Design Type Set ---started : 11/17/1997 ---- completed : 1/21/2004
Probably the 94-S dime. But doesn’t change the fact that given the choice, Eliasberg acquired the best ultra rarities that he could
We all take advice...from multiple venues. My advice to him is skip spending $100k on coins nobody really cares about and spend it on acquiring the best ultra rarities that you can acquire. In the end, when the entire collection is on display, people will glance at 98% of it and really examine the other 2%.
Yikes, images can be very deceiving. She appears to be wearing "white face" in the slab.
Honestly, if my collection is ever displayed, I don’t give a ratzazz about what the people who only glance at 98% of it think about it. But if impressing those guys is your goal, I can’t say you’re wrong.
Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.
WHO that has an opinion you care about would go out of their way to comment “my that 1858$10 in ratty 61 is sure better than the nice 55 it replaced “
My advice is given in the context that funds are not unlimited- the bang for the buck is elsewhere from obscure mid 19th century eagles in low grade unc.
I like Hansen’s approach so far because it’s fun and different. We’ve had a lot of the 2% so seeing a 100% or even a 98% collection is nice. I like seeing the upgrades from pop 5/4 to 1/0. It’s good to have some diversity.
Hansen has the finest graded Proof 1884 T$1 (PR-67)
http://www.pcgscoinfacts.com/Coin/Detail/7064
Of course @tradedollarnut and @specialist likely know this coin and the Eliasberg PR-66 (shown as est. PR-65 in CoinFacts, which is a code word for NGC PR-66) and may have more info on the relative grades.
Please tell me that Eliasberg’s 38-O is not graded 65 today!
Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.
Eh. My memory is bad. I thought it was NGC65
PCGS would cross and CAC would sticker the 1884 at 66. I have not seen the Starr coin in hand but Laura has always said it was dark.
I look forward to seeing it on display one day
And don’t get me wrong - he’s created a GREAT collection. Just giving my opinion on how to make it a tiny bit better
I love liberty gold and in many cases a ms61 or 62 is the finest. I love that Hansen appreciates the rarity of a coin that may be the only unc coin for that particular date. IF nobody really cared about these coins and only cared about the uber rarities, we wouldn't have many collectors and dealers wouldn't be able to sell $100,000 of coins (because no one would pay that kind of money for coins people didnt care about). We all have our preferences, I like what Hansen is doing (except when he outbids me on some of these top pop coins).
Bruce you have a very thought provoking perspective. I appreciate your input.
My 20th Century Gold Major Design Type Set ---started : 11/17/1997 ---- completed : 1/21/2004
No the Eliasberg 1838-O had not upgraded lol. She resides in a PCGS MS64 CAC holder.
Give it time...
>
I’m not convinced that any of us have enough time for that! Maybe the Norweb coin...
Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.
On the other hand, upgrading a shoddy 55 with a choice 61 could make a lot of sense.
Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.
d> @Gazes said:
the condition "better than Eliasbergs" is a mistake. AU 55 in 1982 is today PCGS 64 / 65.
For some reason Mr. Hanson seems to be in a rush to complete 95% fast.
Tyrant did it the right way in my opinion, I have a lot of admiration for how he built his collection. Quietly, many finest knowns and he just bought when it came up over 15 years. What he owns I believe will be off the market for 50 years.
And if thats the case, Tyrant is just the same like it being in the Smithsonian.
--> Why buy a 55 in the first place ?
My point was only that sometimes it makes sense to upgrade from 55 to 61. But to answer your question, I would not recommend an 1858 $10 in shoddy 55. I’d rather wait for a choice original 45, or the 64+ that CJ and I owned long ago, or any other piece with the right look.
Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.
>
That’s a gross exaggeration.
Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.
In Garrett 1979 - 1981 it is exactly like this in many cases, auction catalogue says AU 55, Gem MS today. Eliasberg catalogue 1982 I dont have but was assuming its similar.
There were many cases of absurdly conservative grading in those sales. Bidders recognized that and bid accordingly. It’s obvious if you look at the prices realized. Or you can just take my word for it, since I was there.
Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.
I take your word !!
I was not there.
That is correct. The 1884 TD does not belong. Do anyone know why? Hint: all these coins are required in a PCGS registery set except the 1884 TD.
My 20th Century Gold Major Design Type Set ---started : 11/17/1997 ---- completed : 1/21/2004