Home U.S. Coin Forum

Hansen watch.

1424345474890

Comments

  • GoBustGoBust Posts: 591 ✭✭✭✭✭

    That's an interesting question. When comparing to Eliasberg, how many of his coins were actually graded by PCGS versus posting estimated grades. Since many, many Eliasberg coins have been graded by PCGS, i suspect a large portion of the Eliasberg coins are actually graded. Another derivative question is what percentage of Dell Loy's coins are actually from Eliasbergs collection. We know that they have a pipe in common now!

    I know TDN was making a point about grade inflation and he was correct conceptually for sure. but how much grade inflation has occurred in Elisberg coins since 1997? I would guess on average between one and two points of upgrades. Might make for an interesting study for the thread. As i recall off the top of my head, in bust halves their are examples of 58 to 63 jumps but many coins are still graded the same or only one point higher than 1997.

  • ZoinsZoins Posts: 34,113 ✭✭✭✭✭
    edited July 6, 2019 8:16AM

    1885 Indian Head Cent PR67+BN (Gold Shield) pop 5/0
    Certification #82609338, PCGS #2342
    PCGS Price Guide Value: $4,500

    Just ran across this top pop which is pedigreed to Larry Shepherd.

    High grade, lots of color and few marks.

    Hansen’s Indian Head Cents Complete Variety Set, Proof (1859-1909)

    https://www.pcgs.com/SetRegistry/alltimeset/156450

  • drei3reedrei3ree Posts: 3,430 ✭✭✭✭

    ^Now that's a beautiful TV! I'd like to see it in hand...I'm guessing the color is not near as vibrant.

  • ZoinsZoins Posts: 34,113 ✭✭✭✭✭

    @drei3ree said:
    ^Now that's a beautiful TV! I'd like to see it in hand...

    Agreed. It looks stunning. I’d love to see this in hand as well.

    I’m guessing the color is not near as vibrant.

    You might be surprised. I have some vibrantly colored TrueViews and the coins are just as vibrant in hand.

  • ReadyFireAimReadyFireAim Posts: 1,819 ✭✭✭✭✭
    edited July 7, 2019 1:43PM

    St. Gaudens Double Eagle series have significant number of the PCGS Condition Census coins that reside outside of the >registry. Hansen was able to find one and upgrade his collection.

    One of the reasons I really like what Hansen has been doing.

    This is a solid 66 with only 2 ticks on the front & 1 hit on the reverse & very pleasant moderate toning.
    And a nice new TrueView for us all to see.
    Thanks Dell Loy!

  • tradedollarnuttradedollarnut Posts: 20,162 ✭✭✭✭✭

    The reality is Hansen has already surpassed Eliasberg when you view the quality of the collections from top to bottom.

    Based upon what standard? Many of eliasberg’s gold coins have upgraded 2-3 grades since the sale...and silver 1-2 grades. You cannot go by the catalog grades, nor the Registry estimated grades

  • ZoinsZoins Posts: 34,113 ✭✭✭✭✭

    @tradedollarnut said:
    The reality is Hansen has already surpassed Eliasberg when you view the quality of the collections from top to bottom.

    Based upon what standard? Many of eliasberg’s gold coins have upgraded 2-3 grades since the sale...and silver 1-2 grades. You cannot go by the catalog grades, nor the Registry estimated grades

    It would be great to assemble all of the Eliasberg coins with their grades today.

  • ZoinsZoins Posts: 34,113 ✭✭✭✭✭

    @Currin said:
    1909 Double Eagle MS66

    The only coin finer is a single MS66+ specimen that is located in the current #2 All-Time finest set. A coin of this quality has not been publicly auctioned since 2013. Typically a coin as this one will find a home a stay there for a very long time. This coin does not have a public history.
    [...]

    1909 Double Eagle MS66
    MS66, Certification #37178213, PCGS #9150
    PCGS POP 6/1 / PCGS Coin Guide Value: $90,000

    The top ranked MS66+ is here:

  • ReadyFireAimReadyFireAim Posts: 1,819 ✭✭✭✭✭
    edited July 7, 2019 4:54PM

    It's a beautiful 6/1 coin.
    What's the point of Cacking any of them when you get to under 10 pops?
    I just looked at all 4 (the only 66 coins that I'm sure exist)
    (#5 was a 66 A&A coin and is currently off radar)

    Fox's should be a 67
    Simpson's should be a 66+ along with midsouth
    Hanson's is properly graded.
    That took all of 5 minutes.

  • cameonut2011cameonut2011 Posts: 10,110 ✭✭✭✭✭

    @tradedollarnut said:
    The reality is Hansen has already surpassed Eliasberg when you view the quality of the collections from top to bottom.

    Based upon what standard? Many of eliasberg’s gold coins have upgraded 2-3 grades since the sale...and silver 1-2 grades. You cannot go by the catalog grades, nor the Registry estimated grades

    This is the part I would find most annoying if I was Hansen. I'm sure the coins are also much more expensive as a result of the higher label grades.

  • GazesGazes Posts: 2,315 ✭✭✭✭✭
    edited July 8, 2019 7:19AM

    @tradedollarnut said:
    The reality is Hansen has already surpassed Eliasberg when you view the quality of the collections from top to bottom.

    Based upon what standard? Many of eliasberg’s gold coins have upgraded 2-3 grades since the sale...and silver 1-2 grades. You cannot go by the catalog grades, nor the Registry estimated grades

    Because the Hansen collection is such a huge undertaking, any general statements are hard to respond. I think the best way to compare Eliasberg and Hansen collection is to initially look at the grades assigned to their coins. That is just a first step. After that one can take a deeper dive and start a direct comparison. Currin actually has done that for a number of posts and series and Hansen's collection held up well (actually exceeded the Eliasberg coins) when directly compared.

    It is a fair issue to raise gradeflation but it is not fair to simply dismiss the quality of the entire Hansen collection by rasing the specter of gradeflation. I have been impressed overall at the quality of Hansen's coins when Currin discussed them in the Gazes challenge. Obvioulsy there are exceptions but also keep in mind that the collection continues to be upgraded almost constantly.

  • ZoinsZoins Posts: 34,113 ✭✭✭✭✭
    edited July 10, 2019 7:30PM

    @drei3ree posted a nice coin above but I figured I'd add bit more info and and links. I've also included his 1885 MS coin below.

    1885 Indian Head Cent PCGS PR67RD pop 4/0 - Hansen

    The photos of this coin should be in CoinFacts but it's not currently there, either in the top listings or the Condition Census. In the top listing, the 3 featured coins are PR67RD, PR66+RD and PR66RD, so this PR67RD should definitely appear. The Condition Census lists 3 PR67RDs but no photos for any. The pop report notes there are 4 PR67RDs so the number of coins should be updated as well.

    1885 Indian Head Cent PCGS MS66+RD pop 7/0 - Hansen

    CoinFacts Condition Census lists just 3 MS66+RD with 2 using the same Hansen photo, one with Hansen's pedigree.

    This coin has a CoinFacts photo but not a TrueView.

    @DLHansen @JBatDavidLawrence - You can just ping @PCGSPhoto to add the TrueView background without taking a new photo since a photo already exists. Hopefully this would add the photo to CoinFacts as well.

    Update: Phil was able to update the image to use the TrueView background which has been updated below:

  • cameonut2011cameonut2011 Posts: 10,110 ✭✭✭✭✭

    @washingtonrainbows said:

    @MattTheRiley said:
    Imagine what this thread would look like if Hansen were to be employing Legend instead of DLRC as his main partner in building this collection?

    Probably have a smaller but much nicer collection, might even own the 1913 nickel.

    I don't know about that. There are certainly some areas where the collection could be stronger but there are others where the collection is very strong. I think he would still end up with many of the same coins. For instance, he owns TDN's old seated dollar set (many finest known, pop 1/0 coins) , Laura's trime set, and one of Perfection's sets (I forget which one at the moment). I do think he would have the 1913 Liberty Head Nickel. I agree with you that is the one area where I think he missed his opportunity at least for now. I also wouldn't have sold the 1854-s $5 that he owned an interest in.

    Personally, I would have spent more time focusing on the tougher issues and less on the moderns, but I can understand the desire of extending the collection to the present. At this point, I'd spend my time and funds trying to pry away the PF68 Childs 1804 Dollar Class 1 Dollar and 1854-S $5 (both finest known) from Pogue and wait for the best 1913 Liberty Nickel that I could get my hands on.

  • cameonut2011cameonut2011 Posts: 10,110 ✭✭✭✭✭
    edited July 8, 2019 2:14PM

    @Insider2 said:

    @MattTheRiley said:
    Imagine what this thread would look like if Hansen were to be employing Legend instead of DLRC as his main partner in building this collection?

    I don't have anything against either dealer but it seems to me their are more than just a few dealers who could build the Hansen collection. I think I read somewhere that Hansen bought into the firm. If that is not true, I think Laura would have made a better partner EXCEPT for this: If she is building the best collections for more than one person it will be difficult to favor one over the other. Thus, better to sick with DL.

    Hansen bought into the firm after he had already started building his set. I think it was early last year. As for building the set, it isn't hard for anyone to do if you have sufficient funds. Many of his coins come from major auctions so those are publicly available. Many of the others are in the top registry sets. Contact those and place ads for those and boom - you could have completed 90% of it on your own. It is true you would need to rely on specialist dealers for certain elusive coins that rarely appear as those individuals might know where the coins are, but there is no requirement that you go through them for the vast majority of the set. Of course having an expert (especially in auction representation) is useful. There are MANY individuals who can fill that role.

  • WWWWWW Posts: 2,609 ✭✭✭

    I have been away for awhile and I clicked on this link thinking it was about a wristwatch, maybe made from a coin.
    Pleasantly surprised to see some utterly amazing coins instead. Coin imaging has really improved over the years.

  • ReadyFireAimReadyFireAim Posts: 1,819 ✭✭✭✭✭

    Anybody else here ever talk to JB from DLRC?
    I get the feeling he'd be quite pleasant to work with.

  • cameonut2011cameonut2011 Posts: 10,110 ✭✭✭✭✭

    @ReadyFireAim said:
    Anybody else here ever talk to JB from DLRC?
    I get the feeling he'd be quite pleasant to work with.

    Not as a buyer, but I did reach out to him regarding a few coins that would have fit into a couple of Hansen's sets at the time. He was incredibly nice, down to earth, polite, and responsive. I have no doubt that he is an absolute asset to Hansen.

  • cameonut2011cameonut2011 Posts: 10,110 ✭✭✭✭✭
    edited July 9, 2019 1:54PM

    Congratulations to Hansen on having the current finest set in the "TEN MOST FAMOUS UNITED STATES ULTRA RARITIES" registry category. He is currently #1 and #4 of all time (behind Eliasberg, Norweb, and the Smithsonian). He is missing the 1913 Liberty Head Nickel, 1894-S Barber Dime, and 1838-O Capped Bust Half. In light of passing on the Eliasberg nickel, is this set no longer a priority and will he seemingly ignore the two branch mint proof coins? Thoughts @currin?

  • WaterSportWaterSport Posts: 6,757 ✭✭✭✭✭

    Hmmmm...Not sure what you exactly mean but there are Lincoln sets of his that are not public. There may be others.


    Proud recipient of the coveted PCGS Forum "You Suck" Award Thursday July 19, 2007 11:33 PM and December 30th, 2011 at 8:50 PM.
  • ZoinsZoins Posts: 34,113 ✭✭✭✭✭
    edited July 9, 2019 6:41PM

    @WaterSport said:
    Hmmmm...Not sure what you exactly mean but there are Lincoln sets of his that are not public. There may be others.


    I'm guessing that could be an oversight, especially for the second one:

    LINCOLN CENTS DATE SET, CIRCULATION STRIKES (1909-PRESENT) - Private

    It doesn't really make sense to have a private set if you have an even larger pubic set:

    LINCOLN CENTS COMPLETE VARIETY SET, CIRCULATION STRIKES (1909-PRESENT) - Public

  • CurrinCurrin Posts: 1,519 ✭✭✭✭✭
    edited July 9, 2019 6:45PM

    @WaterSport said:
    Hmmmm...Not sure what you exactly mean but there are Lincoln sets of his that are not public. There may be others.

    I don't think this is close for a purpose. With more than 1200 sets, I don’t think it is possible to maintain with perfection. WS... If you would like to see this set, just send JB an IM and I bet he will open it up.

    My 20th Century Type Set, With Type Variations---started : 9/22/1997 ---- completed : 1/7/2004

    My 20th Century Gold Major Design Type Set ---started : 11/17/1997 ---- completed : 1/21/2004
  • specialistspecialist Posts: 956 ✭✭✭✭✭

    rah, rah delloy.....

  • yosclimberyosclimber Posts: 4,731 ✭✭✭✭✭
    edited July 9, 2019 7:19PM

    @Currin wrote:

    ... The last time that I looked, Hansen’s collection was about 70% Top 5 specimens. I can’t prove, but I don’t think Eliasberg was anywhere near that percentage. In his collection, you will find average mint state and proof coins between the years of 1932-1975. This not a large, but is a fairly good portion of his collection. There are many reasons why Eliasberg was not focus on the modern coins in his day. Some was in his control and some were not. It was a much different era before the TPG certification and registry.

    Exactly. In Eliasberg's day, before slabs, for modern coins, if he had a gem Unc (MS-65) or Proof (PR-65), he was done.
    He wasn't trying to find the marginally better moderns that might grade MS-66, 67, 68 today.

    A solution for measuring quality that takes this into account might be to weight by price, with the prices from Eliasberg's era.
    These moderns would basically be face value coins.

  • ZoinsZoins Posts: 34,113 ✭✭✭✭✭
    edited July 9, 2019 7:46PM

    @yosclimber said:
    @Currin wrote:

    ... The last time that I looked, Hansen’s collection was about 70% Top 5 specimens. I can’t prove, but I don’t think Eliasberg was anywhere near that percentage. In his collection, you will find average mint state and proof coins between the years of 1932-1975. This not a large, but is a fairly good portion of his collection. There are many reasons why Eliasberg was not focus on the modern coins in his day. Some was in his control and some were not. It was a much different era before the TPG certification and registry.

    Exactly. In Eliasberg's day, before slabs, for modern coins, if he had a gem Unc (MS-65) or Proof (PR-65), he was done.
    He wasn't trying to find the marginally better moderns that might grade MS-66, 67, 68 today.

    A solution for measuring quality that takes this into account might be to weight by price, with the prices from Eliasberg's era.
    These moderns would basically be face value coins.

    Was he essentially done with gem unc MS-65 for all coins like Morgans and Barbers as well?

  • cameonut2011cameonut2011 Posts: 10,110 ✭✭✭✭✭

    @Zoins said:

    @yosclimber said:
    @Currin wrote:

    ... The last time that I looked, Hansen’s collection was about 70% Top 5 specimens. I can’t prove, but I don’t think Eliasberg was anywhere near that percentage. In his collection, you will find average mint state and proof coins between the years of 1932-1975. This not a large, but is a fairly good portion of his collection. There are many reasons why Eliasberg was not focus on the modern coins in his day. Some was in his control and some were not. It was a much different era before the TPG certification and registry.

    Exactly. In Eliasberg's day, before slabs, for modern coins, if he had a gem Unc (MS-65) or Proof (PR-65), he was done.
    He wasn't trying to find the marginally better moderns that might grade MS-66, 67, 68 today.

    A solution for measuring quality that takes this into account might be to weight by price, with the prices from Eliasberg's era.
    These moderns would basically be face value coins.

    Was he essentially done with gem unc MS-65 for all coins like Morgans and Barbers as well?

    Yesteryear's gems are today's MS66-69 coins.

  • ZoinsZoins Posts: 34,113 ✭✭✭✭✭

    Another interesting statistic might be how many Eliasberg coins are now in Hansen's set.

  • cameonut2011cameonut2011 Posts: 10,110 ✭✭✭✭✭

    @Zoins said:
    Another interesting statistic might be how many Eliasberg coins are now in Hansen's set.

    Agreed. Does anyone know if anyone has tried to track the whereabouts or at least current service/grade of all of Eliasberg's old coins (the major ones)?

  • ZoinsZoins Posts: 34,113 ✭✭✭✭✭
    edited July 9, 2019 8:43PM

    @Currin One thing I really appreciated was the count down of coins Hansen still needed. You had a list of these at the bottom in some of your posts. Does it make sense to post that in the first post in this thread and continually update it there?

  • yosclimberyosclimber Posts: 4,731 ✭✭✭✭✭
    edited July 9, 2019 9:18PM

    It looks like the most recent version of the "still needed" list was "Count Down 21" from February:
    https://forums.collectors.com/discussion/comment/12245051#Comment_12245051

  • ZoinsZoins Posts: 34,113 ✭✭✭✭✭
    edited July 9, 2019 9:52PM

    @Currin said:
    As you know, Hansen has one of the nicest Roosevelt collections of all-time. Presently, the collection is ranked #2. I wonder what the value of Hansen’s Roosevelt’s would be. As stated before, I believe this will be significant factor when all is said and done. Time will tell who is on the right and wrong side of this debate.

    The set referenced where Hansen is ranked #2 is the following:

    ROOSEVELT DIMES FB BASIC SET, CIRCULATION STRIKES (1946-PRESENT)

    ... but I just noticed that Hansen is #1 for a larger set:

    ROOSEVELT DIMES FB WITH MAJOR VARIETIES, CIRCULATION STRIKES AND PROOF (1946-PRESENT)

    Of note, in this set, the #2 current set is the Registry Set winner from 2013 to 2018 with a Set Rating of 64.87. Hansen's Set Rating is 67.70. This looks like an impressive accomplishment if Hansen became the #1 set without buying the existing #1 set. In fact the #2-#5 ranked All-Time Sets are also the #2-#5 ranked Current Sets.

    Did Hansen buy a set here or build this from scratch? In the Basic Set, Circulation Strikes set, the Almighty Dimes set is #4 on the all-time list but not present on the current list. Did Hansen buy this set?

  • StoogeStooge Posts: 4,665 ✭✭✭✭✭

    @wondercoin said:
    I sold Hansen’s agent OnlyRoosies (Nick) #1 Silver Dime set (1946-1964). I worked for Nick.

    To be honest, at the time, Hansen made a major tactical error as it relates to Roosies. He passed on Nick’s incredible #1 Clad Dime set (1965-date). It wasn’t an issue of the asking price (in fact, it was priced “dirt cheap” in my view)- I think Hansen started with the idea to stop at the year 1964. He missed out on an incredible opportunity in not buying that clad dime set and has been playing “catch up” ever since, buying, in many cases, the second best available clad specimen (in many cases at even higher prices) as Nick’s #1 clad set was “gobbled up” by an astute collector shortly thereafter.

    Make no mistake about it- post 1964 Mint State clad dimes in pop top Full Band are some of the most difficult moderns to locate “out in the wild”. They will “have their day” at some point in the future. Like the Mercs that have now achieved (“crazy”) values into the hundreds of thousands of $$$, a number of these clad Roosies will likely achieve ten(s) of thousands of dollars at auction in the not too distant future! You heard it here first!

    As always, Just my two cents.

    Wondercoin

    @wondercoin Dude, you beat my post by 2 minutes. LOL


    Later, Paul.
  • ZoinsZoins Posts: 34,113 ✭✭✭✭✭

    @Stooge said:
    If I remember correctly, there is a member that has the Eliasberg Roosevelt Dimes in the original Dansco album and he couldn't sell them. He wanted a hefty price and said if they don't sell he would stick them back into the safe. I can't remember who it was, but he had them on the BST forum and that was about a yr of 2 ago.

    Great info. I wonder if there's any way for PCGS to pedigree these to Eliasberg since they are in a Dansco? Are there good enough photos to match?

  • StoogeStooge Posts: 4,665 ✭✭✭✭✭

    @Zoins said:

    @Stooge said:
    If I remember correctly, there is a member that has the Eliasberg Roosevelt Dimes in the original Dansco album and he couldn't sell them. He wanted a hefty price and said if they don't sell he would stick them back into the safe. I can't remember who it was, but he had them on the BST forum and that was about a yr of 2 ago.

    Great info. I wonder if there's any way for PCGS to pedigree these to Eliasberg since they are in a Dansco? Are there good enough photos to match?

    That's why I didn't buy them. They are basically run of the mill coins as Currin said and he wanted something like $700. Wasn't even sure about the pedigree otherwise I would've bought them. I'm sure if you did a search you could find the seller.


    Later, Paul.
  • ZoinsZoins Posts: 34,113 ✭✭✭✭✭
    edited July 10, 2019 1:40AM

    This looks like an interesting and potentially useful set which has been aggregating Eliasberg coins.

    https://coins.www.collectors-society.com/wcm/CoinCustomSetView.aspx?s=284

    Eliasberg Reunited

    SET DESCRIPTION
    ELIASBERG REUNITED COLLECTION: Building a Blue-Ribbon Collection on a Blue Collar Budget.

    The only collection of United States coins ever formed which was complete by denomination, date and mint was that of the late Louis Eliasberg, Sr.

    Expanding on the already immense collection assembled decades earlier by John M. Clapp, which included many coins obtained directly from the various mints in the year of issue, Eliasberg purchased the Clapp Collection in its entirety and worked with several dealers to fill in the remaining gaps. His quest began in 1925, and it wasn't until a quarter century later that Mr. Eliasberg secured the final coin needed, the unique 1873-CC No Arrows dime.

    This collection features none of his great rarities, yet it shows how a working person on a budget can still build an historic bond by reuniting coins originally held in the family of collections assembled by America's Greatest Numismatist.

    SET GOALS
    ELIASBERG PEDIGREED UNITED STATES TYPE SET

    USA Minor Coins Type Set consisting of coins pedigreed to the family of collections by the great Louis E. Eliasberg, Sr., the only collector to build a complete collection of US Coins by date and mint. Collection will include at least one of each major copper, nickel and silver coin type from 1800 through the time Louis Eliasberg completed his great collection in the 1950s, with every coin attributed to the Eliasberg pedigree.

    As an added bonus, this collection also features United States Commemorative Half Dollars and a selection of US Gold coins as examples of design and mint, each pedigreed to the Louis Eliasberg, Sr. collection. The collection also contains a US/Philippines proof coin as an example of type from that series, and an Eliasberg-pedigreed California Gold 'Coat of Arms' to create a nexus to my home state. For some coins, examples of both Proof and Mint State examples are included, as well as a few duplicates which are held for future trades. For some coin types, such as Morgan and Peace Dollars, we are attempting to collect an Eliasberg coin from each branch mint, simply because doing so sounds like a cool subset idea.

    For modern issues minted after Mr. Eliasberg completed his collection in the 1950s, and older issues for which I have yet to acquire an Eliasberg, Sr. pedigree, I have chosen to include coins pedigreed to his son, Louis Eliasberg, Jr., to further expand the theme of this "Eliasberg Reunited Collection".

    In addition to Eliasberg pedigreed coins, this set also contains regular and Library Edition auction catalogs (signed by Dave Bowers and others involved with the sale), two tickets to an actual Eliasberg auction, magazine and newspaper articles from Life, Look, and hobby publications showing Eliasberg with his coins on display, the Q. David Bowers biography "Eliasberg: King of Coins", original press photographic prints of Mr. Eliasberg with his collection on display (including the photo of Eliasberg in this introduction), and personal receipts, signed letters and miscellany belonging to Louis Eliasberg, Jr. and related to the auctioning of his father's collection in the 1990s.

    • Note-1: All PCGS Coins in this collection are pedigreed to the Great American Numismatist: Louis Eliasberg, Sr.
    • Note-2: All NGC Coins in this collection are pedigreed to either Louis Eliasberg Sr. or to his son, Louis Eliasberg, Jr., as noted in the collection listing.
    • Note-3: Photo credit for the image of Louis Eliasberg, Sr. (above) goes to William L. Klender of the Baltimore Sunday Sun Magazine, April 24, 1962. This original print is part of our collection. The handwritten caption notes that Mr. Eliasberg's cufflinks are made from $10 gold pieces. (NOTE: Photo temporarily not displayed)
    • Note 4: The Eliasberg Reunited Master Collection presently includes 16 raw coins pedigreed to Louis Eliasberg, Sr. (with original Bowers & Merena invoices) which have never been sent in for grading.
    • Note-5: The collection also contains two non-PCGS/NGC coins: an 1857S Seated Liberty Half Dollar (WB-101) in Fine-15, housed in an older white ANACS slab, and a beautiful 1829/1827 Bust Half Dollar graded MS-61 in an ANACS older white small holder. Both are pedigreed to Louis Eliasberg, Sr. These are the only Eliasberg pedigreed ANACS small-white-holder coins that I've ever seen. If you know of another, please let me know.

Leave a Comment

BoldItalicStrikethroughOrdered listUnordered list
Emoji
Image
Align leftAlign centerAlign rightToggle HTML viewToggle full pageToggle lights
Drop image/file