Just gotta bust open that cornerstone at the SF Mint and see if there's another 70-S $3 hiding in there. Might be easier than waiting on the Bass example to head back to the auction block.
@Currin I think I’m responsible for about 12,000 views
Unbelievable job you’ve done with this thread
m
Walker Proof Digital Album Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
Really amazing number of views and comments for a blog related to numismatics. Is this now a world wide record? Dell Loy as one of the top collectors of this generation, certainly seems to be chronicled as a living breathing force through these 66 pages and counting. Currin your dedication to this monumental treatise provides real time history in a way that I doubt had been perceived by anyone when you started. Since Dell Loy has been so completely open with his efforts, his fellow collectors are seeing everything in real time in an unprecedented way. Many congratulations for your effort. Much enjoyment you've provided to all of us, as a real time guide to Dell Loy and John's amazing journey building this epic collection. The number of top 100 US coins is already superb. Will be fascinating to see how many of the remaining 13 coins of the Eliasberg quest are obtained. By all appearances, Dell Loy seems to be going full speed ahead on a continuous quality trek. The next ten years of watching the set grow and improve will be amazing no doubt!
@ChopmarkedTrades said:
Just gotta bust open that cornerstone at the SF Mint and see if there's another 70-S $3 hiding in there. Might be easier than waiting on the Bass example to head back to the auction block.
now's our chance since everything's shut down
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If you go after the cornerstone coins, don’t stop with the three dollar. Get them all, including the half dime, and it would really be nice to get a look at the quarter dollar that is supposed to be there.
This is the last update that I have planned for The D. Brent Pogue Collection Part VII: Masterpieces of United States Coinage Auction. The auction was scheduled to be held at the Whitman Coin & Collectibles Spring Expo in the Baltimore Convention Center. Due to the pandemic the show was cancelled, and the auction was moved to Stack's Bowers Headquarters in Santa Ana, CA. According to SBG press release, the auctions were a big success with over $26.59 Million in US Coins sold. They announced that the Record-Setting Pogue Collection Sells $15.343 Million in Single Session. I watched the 421 lot sale live and the time lapse was 6 hrs. and 15 mins. It was exciting to watch and I did win one Washington Quarter. It is my understanding that Mr. Hansen also won one Washington quarter. I guess I could say I did as well as he did, but honestly he purchased much more than one Washington quarter.
I have no way knowing exactly what he actually purchased. We know he purchased the 1854-S for $1,920,000. He purchased the 1863 Liberty Dollar for $108,000. Also, he purchased the 1870-S Liberty Head Quarter Eagle for $34,800, 1866-S Half Dime MS67 PCGS for $15,600, 1954-D MS67+ Washington Quarter for $6,600, and a handful of other coins that I did not report. Maybe the biggest acquisition by number was the purchase of 12 Pogue Barber Quarters. His total for just the Barber Quarters purchase was $280,000. I think it is fair to say that of $15.343 Million in Pogue sales that the D. L. Hansen Collection picked up at least $2.5 Million of the coins.
Now switching back to the collection, a few days ago I provided a fairly good summary of the Hansen Barber Quarter Collection when sharing updates from Srotag Collection of Barber Quarters. The RSD Collection is still the big shark in the water for Barber Quarters Basic Circulation Strikes, and that will not change. Short of purchasing the RSD Set, Hansen has no path for victory in this series. That fact does not seem to dissuade Mr. Hansen from improving the set when he can. Keep in mind, his goal is much bigger that the Barber Quarters Basic Circulation Strikes Set.
I have provided the charts below for the upgrades to Hansen's Barber Quarters Collection. Of the seventeen coins that was recently upgraded, twelve were from the Pogue sale, three Srotag that I reported on a few days ago, and two that was picked up through David Lawrence Rare Coins, either in auction or private transaction. One coin from DLRC was 1908-S POP 1/0 Ex: Eliasberg Specimen, from the John C. Hugon Collection. The other was the 1909 MS66+ Specimen. The Srotag as previously reported are the 1895-S, 1897-S, and 1904. The remaining 12 coins are from the Pogue Collection.
1896-S Barber Quarter Dollar MS66
Our friend and resident expert Ron Guth once stated: The 1896-S Quarter Dollar is a well-recognized rarity in all grades. I think this is one Barber Quarter that the Hansen team were glad to see in the Pogue sale. They knew it would not come cheap, and if they wanted it, they would have to be willing to pay. They did. Back to Ron, the only other discussion was: All 1896-S Quarter Dollars show the mintmark positioned above the space between the R of QUARTER and the D of DOLLAR. However, there are two different dies with this feature: one with the S low and close to the R; another with the S higher and farther away from the R. If the mintmark is not in either of these positions, or does not have the same shape and appearance as the ones illustrated here, then the coin is most likely a counterfeit or the mintmark has been added.
Stack’s Bowers does not offer any hints for the provenance of the 1896-S. Few of the Barbers listed provenance when purchased in public auctions. There was not much discussion around how Mr. Pogue obtained the other Barber Quarters. Did he purchase most of them as a sets? I wish we were giving more information. SBG did describe the coin as: Here is an absolutely outstanding example of this well known and eagerly sought key date in the Barber quarter series. Both sides exhibit a full satiny mint luster and the fields are modestly semi-reflective. There is light iridescent gold toning that appears to drift toward the rims. The strike was delivered with pin point accuracy, calling forth full detail to all design elements. Expertly preserved and pristine in most areas, this lovely Gem stands tall among the highlights in the Barber quarter offerings from the Pogue cabinet.
I believe that most if not all the Pogue Barber Quarters will stand the test of time as being a resident in this great collection. Half of the twelve quarters are POP X/1 Specimens. It is possible that if one of the top sets that have the POP 1/0 specimens sell, then maybe Mr. Hansen could pick up and replace a few. I think it is safe to say that the 1896-S Barber Quarter Dollar MS66 is here for the long haul. SBG estimated the coin value between $50,000-$60,000. PCVG is given at a whopping $130,000. The coin sold for $96,000, so it appear Mr. Hansen may have been the right bidder at the right time. Because the coin is not CAC, I am sure the sticker only buyers were turned off. Maybe that was not a bad thing.
Extraordinary Gem 1896-S Barber Quarter None Graded Finer by PCGS, POP 3/0 1896-S Barber Quarter, MS-66 Certification #38855610, PCGS #5615 PCGV: $130,000 / Realized $96,000 Provenance: From the D. Brent Pogue Collection, March 2020 Auction - The D. Brent Pogue Collection Part VII: Masterpieces of United States Coinage – Lot 7084
If you have watched Hansen’s updates for a while now, you may have noticed, as I have, there have not been any updates from the Legends Auctions in last couple sales. The last update that I recalled was a purchase from Legend’s Regency 34 Auction held on 9/26/2019. I am not sure if there were no purchases or the coins were not of significance that they would show up for me to report. I have found a handful of coins from Legend’s Regency 37 Auction, March 26th. It is good to see some nice coins are starting to flow from Legends and their clients into The D. L. Hansen Collection. Here are a couple of the upgrades that realized more than $10,000 and both are very high in the PCGS POP report.
1900-S Barber Dime MS67
As we have seen in the past few weeks, Mr. Hansen is dedicating a large sum of resources to his Barber Collection. He has the all-time finest Half Dollar set, but is short in the dime and quarter dollar sets. This 1900-S is another example when nice Barber specimen comes available, he pounces. Legend described the coins as: Tied with just a single coin for FINEST graded honors. The mintage of dimes was relatively large, with nearly 5.2 million stuck. In any Mint State grade it is scarce and down right RARE in MS64 and finer. This SUPERB GEM has the look of an Eliasberg or Norweb coin, high grade with some great earthen tone. Some light olive, gold, tan, and russet hues. Satiny lustrous surfaces are pleasing and very smooth, free of any distractions. The devices are razor sharp, accented by a glowing, brilliant sheen. Amazing quality and eye appeal, worthy of a world class Barber dime set. Neither PCGS coin (POP 2/0) has sold in auction and the famed Simpson Collection coin is MS66. Anyone building the FINEST Registry Set of Barber Dimes needs this coin. The current Collectors Universe value is listed at $20,000. We wish you the best of luck!
Very nice words coming from Legends by indicating the coin has the look of an Eliasberg or Norweb. I am not sure I understand the reference to the Simpson coin, but it is a Legend description. Simpson must be their reference point for very thing important. Enough with that.
The PCGS POP 2/0 coin is a great compliment to the Hansen Barber Collection. The coin realized $15,275 which is high end of legend’s estimate of $12,500 - $15,000. As stated by the description, PCGV was given as $20,000. No CAC Approval on this coin. I offer no opinions, but if you do, let us know.
Superb Gem 1900-S MS67 Barber Dime Tied for Finest Certified at PCGS, POP 2/0 Certification #38670448, PCGS #4823 PCGV: $20,000 / Realized $15,275
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. 1893-CC Half Eagle MS64+ CAC
I believe this to be the best coin that Mr. Hansen purchased in the Legend’s Regency 37 Auction. The coin ranked #9 as the most expensive in the auction. Hansen has assembled a very nice set of Half Eagles. With the addition of the finest known 1854-S a few weeks ago, the Half Eagles continues their trek to be the best of all times. He is two important coins short, and no further discussion is need there. This coin demonstrates the desire to make the best even better. Expert David Akers describes the 1893-CC Half Eagle as common. I would not be surprise at some point, to see all of the Hansen’s “common coins” as PCGS TOP POPs. It appears that he is already about 60% there.
David Akers describes the coin as: The 1893-CC is the last Half Eagle from this popular mint. It is also one of the most common, ranking in overall rarity with the 1882-CC, 1890-CC and 1892-CC. It is considerably more rare than the 1891-CC. Although most known specimens are circulated (VF and EF are typical) the 1893-CC is also available in strictly uncirculated condition. However, gem quality mint state pieces are very scarce.
Legend indicated the Hansen coin deserved to be the tied for finest known. I agree. The Legend description stated: We are pleased to have been consigned a exciting piece that is tied for FINEST graded (and deservedly so). We fully agree this coin is a borderline MS65! Tangy surfaces are clean overall. Only when using a strong glass can you find some tiny scattered ticks. Nothing is serious. Hints of faint semi-prooflike mirrors can be seen when the coin is tilted. A full booming luster beams from all over. Both sides are a brilliant deeper yellow gold color. There are NO spots or discolorations. Miss Liberty and the details are fully struck. The eye appeal is fantastic! The current Collectors Universe Value is $30,000 while the PCGS CAC Value is $31,500. This is the only appearance in auction since 2015. Opportunity knocks loud here! Good luck!
The PCGS POP 2/0 coin is a great compliment to the Hansen Half Eagle Collection. The coin realized $31,725 which is high end of legend’s estimate of $28,000 – $30,000. As stated by the description, PCGV was given as $30,000. This coin is a CAC Approved coin, so Hansen is batting 50% for CAC for those of you that CAC matters.
1893-CC Half Eagle MS64+, CAC Approved Tied for Finest Certified at PCGS, POP 2/0 Certification #38530334, PCGS #8384 PCGV: $30,000 / Realized $31,275
Legend indicated the Hansen coin deserved to be the tied for finest known. I agree. The Legend description stated: _We are pleased to have been consigned a exciting piece that is tied for FINEST graded (and deservedly so). We fully agree this coin is a borderline MS65! Tangy surfaces are clean overall. Only when using a strong glass can you find some tiny scattered ticks. Nothing is serious. Hints of faint semi-prooflike mirrors can be seen when the coin is tilted. A full booming luster beams from all over. Both sides are a brilliant deeper yellow gold color. There are NO spots or discolorations. Miss Liberty and the details are fully struck. The eye appeal is fantastic!
Kudos to Legend's writers for digging deep into the barrel of adverbs for this one.
This is a really neat upgrade. It is something about these old, odd half dollars that I have always found fascinating. The D. L. Hansen Collections is no ways close in comparison to some of the collectors that specialize in the Capped Bust series. I personally think the premier collector presently in this field is Dr. Charles Link. The half dollars have been a historic favorite of the variety collectors. The half dollars are up there in popularity with the early (pre-1816) large cents.
The Hansen Collection had a half dollar specimen of this variety, 1807 Bearded Goddess. When I see coins of this type shows up, it demonstrates to me the magnitude and scope of this collection. This is a popular coin for this series. PCGS describes this way: The 1807 Bearded Goddess Half Dollar is a very sought after variety as the so called beard underneath the chin of Miss Liberty is very dramatic and visible to the naked eye. This variety was the result of a die being overused to strike coins resulting in a large die crack in between Liberty's chin, which runs all the way down to the top of the 1 digit in the date. The variety itself is very scare with very few examples known. This variety is unknown in uncirculated grades at PCGS, with the finest example being graded AU55 and none being finer. (Jaime Hernandez)
The Hansen Collection stills need to add four missing coins to complete the Capped Bust Half Dollars with Major Varieties, Circulation Strikes (1807-1839). This 79 piece set is extremely competitive. According to PCGS All-Time Finest registry, there have been only two complete sets in PCGS era. The Hansen collection is current raked fifth, if the present GPA weighed can be maintained with the remaining four additions, then the collection has the possibility to capture the number one spot. We have to wait to see how Mr. Hansen decides to move forward on the series.
1807 Bearded Goddess Half Dollar, AU55
This coin started out as a mystery coin. I could not find much online information, and nowhere do I see the coin appearing in recent auctions. From Dr. Link’s notes and research, he shared: The coin was found by a dealer in Southern California years ago, apparently just walked into the shop. I saw this coin at Eye Appealing Coins at the Long Beach show last year. The coin is an earlier stage 111b with a die crack through the eye that extends to the headband and through the center of the letter I. The Overton book says some later 111b die states have the crack into the cap. This is the third known 111b in AU55. Sheridan Downey found the first and sold it at auction in July 2008 for 42K. Jason Carter found another that I bought graded AU55 CAC in 2015. My prior coin an AU53 CAC sold in November 2018 for 58K. I suspect a fair price around 65K to 70k for this one. The Bearded Goddess is a true collector’s coin. The three AU55s are tied finest knowns. This is a Great addition to his set.
Thank you Chuck, I appreciate you providing your valuable perspective. I agree this is a great addition. We don’t know details on the acquisition of this coin. Hopefully John Brush will be able to pass on some details in the future. The PCGS POP 3/0 coin is a great compliment to the Hansen Capped Bust Major Varieties Collection. PCVG was given as $75,000. It is not indicated the coin has CAC Approval.
1807 50C Bearded Goddess Half Dollar Tied for Finest Certified at PCGS, POP 3/0 Certification #38396191, PCGS #39357 PCGV: $75,000 Provenance: Found by a Southern California Dealer
If you have been watching for past few weeks, you have seen several updates from the Srotag Collection. GreatCollection Auctions have listed several specimens from this collection. There are only four series in which Srotag pursued and purchased top pops; Liberty Half Eagles and the three Barber sets. We have seen the D. L. Hansen obtaining few upgrades from all the series other than the Barber Half Dollars. As you may recall last year, The Collection purchased half dollars from the Perfection Collection that pushed that series over the top as all-time finest.
In the PCGS registry, The Blay Collection of Barber Dimes dates back to January 2001. This very long standing registry set is approaching twenty years on the registry. The collection established top registry set for the first time in 2002. The top award was short lived as the Law Collection took the honors in 2003, but Blay regained in 2004. For the years 2005-2009, the Law Collection received the top awards. With the Law Collection retiring 11/2009, The Simpson Collection took over the top honors in the registry. It appears that Bob Simpson may have purchased the Law Collection. The Simpson Collection received the top registry honors for five years, 2010-2014. He only upgraded a couple coins during his five year ownership. In 2015 after the Simpson set retired in 12/2014, The Blay Collection regained the top spot and has held on since.
Currently with Blay in the top spot with 67.63, the set is closed to the public viewing, but from bonus points awarded, it appear the set has most of the PCGS top pops. This set shows that long sustaining approach to collecting pays off. Although Blay may be out of reach, it appears the retired #2 Simpson set is within sight of Hansen. These two upgrades have not been added to the Hansen Barber Basic set yet. We have seen by some postings and auction descriptions that the Simpson Set is the benchmark for greatness. With only 0.17 points away, when these two upgrades are added, it will be interesting to see how close the second spot becomes. Also, I am uncertain why, but Hr. Hansen has his best graded 1903 Barber Dime Specimen in his number two set. He could move this MS67 POP 3/0 coin to his top set and not only improve the grade for date, but add one bonus point. I am not sure if this is by designed or just an upgrading error.
1892-S Barber Dime MS66+, Ex: Srotag-Simpson-Law
This ex:Simpson specimen was sold by Legend on 12/18/2014 following the retirement and breakup of the #1 PCGS registry set. This was the Regency X Auction that was held in The Venetian/The Palazzo Room in Las Vegas, NV. This was one of legend’s earlier auctions after the break off from Morphy Auctions. The coin was estimated to bring $22,500 - 27,500. It must have been an disappointment when the coin only realized $15,275. Legend described the coin as: There isn’t a single blemish or line to be found on this stunning piece. A strong luster shows off even, moderate deep blue/purple colors. Miss Liberty and the details are pinpoint sharp in strike and the eye appeal is excellent. Not only is this coin the only MS66+ graded, it is the finest graded by both PCGS and NGC! Legend Numismatics acquired it for the Law Collection for $25,300.00 back in 2005 (Heritage 1/05). Nothing similar has been available since then, not even an MS66! Good luck!
This is a really nice coin, but somewhere along the way, a second PCGS MS66+ specimen was certified that may have screwed with the value of the coin. I do not know how the second MS66+ coin compares to this specimen, but PCGS values the 1892-S at $11,000. In 2014, the coin was valued at $17,000. The new Hansen specimen is certified CAC, so that could make some difference. This coin sold in a GreatCollections Auction on March 15th for $19,687.50. Mr. Hansen was the only bidder and covered the minimum bid on the coin. The auction record for the date is The John C. Hugon Specimen that sold in Heritage’s 2005 (FUN) Signature Ft. Lauderdale, Fla. for $25,300. I believe the Hugon and Simpson coins are the same coin, but not being a specialist, I leave it up to someone like Ron Guth to verify.
The PCGS POP 2/0 coin is a great compliment to the Hansen Barber Collection. The coin realized $19,687.50, PCGV of $11,000. The coin is CAC Approval with an impeccable pedigree.
Colorful, Premium-Gem 1892-S Barber Dime, MS66+ CAC Tied for Finest Certified at PCGS, POP 2/0 Certification #06666204, PCGS #4798 PCGV: $11000 / Realized $19,687.50 Provenance: Hansen-Srotag-Simpson-Law (possibly Hugon)
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. 1903-S Barber Dime MS67, Ex: Srotag-Simpson
This ex:Simpson specimen was also sold by Legend on 12/18/2014 following the retirement and breakup of the Simpson registry set. The coin was estimated to bring $17,500 - 20,000. The 1903-S realized $17,037.50 which was much more respectable than the 1892-S. Legend described the coin as: This incredible superb gem passes any and all tests! A full, booming luster shows off absolutely perfect surfaces with a few light, Mint made die polishing lines on the reverse, but nothing else. A phenomenal mix of original green/fiery gold/pale blue colors adorn the surfaces. Miss Liberty and the details are frosty, with razor sharp strikes. The eye appeal is jaw dropping! This coin last sold for $16,100.00 (Heritage 4/09), but certainly it’s worth far more today!
I assume when Legend indicates the coin last sold in Heritage 4/09, they are speaking of this specimen. The 2009 specimen is from the Joseph C. Thomas Collection. The present day coin appears more colorful in the Simpson 2014 sale than the coin that appeared five years earlier in the Thomas sale. Maybe an expect like Ron can confirm or not. PCGS and Coinfacts does not make the linkage. Also, could this be the Wayne S. Rich Specimen that sold in a March 2002 Bowers & Merena sale? Maybe.
By grade, this coin cannot be matched by PCGS certified specimens. PCGS values the 1903-S POP 1/0 coin at $16,000. The new Hansen specimen is CAC Approved. This coin sold in a GreatCollections Auction on March 15th for $22,500. Once again, Mr. Hansen was the only bidder and covered the minimum bid on the coin. The previous auction record for the date was this specimen in the Simpson sale where the coin realized $17,038. The new purchase by Hansen sets a new auction record of $22,500. Will it be recorded that way? It appears the PCGS does not recognize the GreatCollections Auction. I may have read, but do not remember why.
If you have been watching for past few weeks, you have seen several updates from the Srotag Collection. GreatCollection Auctions have listed several specimens from this collection. There are only four series in which Srotag pursued and purchased top pops; Liberty Half Eagles and the three Barber sets. We have seen the D. L. Hansen obtaining few upgrades from all the series other than the Barber Half Dollars. As you may recall last year, The Collection purchased half dollars from the Perfection Collection that pushed that series over the top as all-time finest.
In the PCGS registry, The Blay Collection of Barber Dimes dates back to January 2001. This very long standing registry set is approaching twenty years on the registry. The collection established top registry set for the first time in 2002. The top award was short lived as the Law Collection took the honors in 2003, but Blay regained in 2004. For the years 2005-2009, the Law Collection received the top awards. With the Law Collection retiring 11/2009, The Simpson Collection took over the top honors in the registry. It appears that Bob Simpson may have purchased the Law Collection. The Simpson Collection received the top registry honors for five years, 2010-2014. He only upgraded a couple coins during his five year ownership. In 2015 after the Simpson set retired in 12/2014, The Blay Collection regained the top spot and has held on since.
Currently with Blay in the top spot with 67.63, the set is closed to the public viewing, but from bonus points awarded, it appear the set has most of the PCGS top pops. This set shows that long sustaining approach to collecting pays off. Although Blay may be out of reach, it appears the retired #2 Simpson set is within sight of Hansen. These two upgrades have not been added to the Hansen Barber Basic set yet. We have seen by some postings and auction descriptions that the Simpson Set is the benchmark for greatness. With only 0.17 points away, when these two upgrades are added, it will be interesting to see how close the second spot becomes. Also, I am uncertain why, but Hr. Hansen has his best graded 1903 Barber Dime Specimen in his number two set. He could move this MS67 POP 3/0 coin to his top set and not only improve the grade for date, but add one bonus point. I am not sure if this is by designed or just an upgrading error.
1892-S Barber Dime MS66+, Ex: Srotag-Simpson-Law
This ex:Simpson specimen was sold by Legend on 12/18/2014 following the retirement and breakup of the #1 PCGS registry set. This was the Regency X Auction that was held in The Venetian/The Palazzo Room in Las Vegas, NV. This was one of legend’s earlier auctions after the break off from Morphy Auctions. The coin was estimated to bring $22,500 - 27,500. It must have been an disappointment when the coin only realized $15,275. Legend described the coin as: There isn’t a single blemish or line to be found on this stunning piece. A strong luster shows off even, moderate deep blue/purple colors. Miss Liberty and the details are pinpoint sharp in strike and the eye appeal is excellent. Not only is this coin the only MS66+ graded, it is the finest graded by both PCGS and NGC! Legend Numismatics acquired it for the Law Collection for $25,300.00 back in 2005 (Heritage 1/05). Nothing similar has been available since then, not even an MS66! Good luck!
This is a really nice coin, but somewhere along the way, a second PCGS MS66+ specimen was certified that may have screwed with the value of the coin. I do not know how the second MS66+ coin compares to this specimen, but PCGS values the 1892-S at $11,000. In 2014, the coin was valued at $17,000. The new Hansen specimen is certified CAC, so that could make some difference. This coin sold in a GreatCollections Auction on March 15th for $19,687.50. Mr. Hansen was the only bidder and covered the minimum bid on the coin. The auction record for the date is The John C. Hugon Specimen that sold in Heritage’s 2005 (FUN) Signature Ft. Lauderdale, Fla. for $25,300. I believe the Hugon and Simpson coins are the same coin, but not being a specialist, I leave it up to someone like Ron Guth to verify.
The PCGS POP 2/0 coin is a great compliment to the Hansen Barber Collection. The coin realized $19,687.50, PCGV of $11,000. The coin is CAC Approval with an impeccable pedigree.
Colorful, Premium-Gem 1892-S Barber Dime, MS66+ CAC Tied for Finest Certified at PCGS, POP 2/0 Certification #06666204, PCGS #4798 PCGV: $11000 / Realized $19,687.50 Provenance: Hansen-Srotag-Simpson-Law (possibly Hugon)
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. 1903-S Barber Dime MS67, Ex: Srotag-Simpson
This ex:Simpson specimen was also sold by Legend on 12/18/2014 following the retirement and breakup of the Simpson registry set. The coin was estimated to bring $17,500 - 20,000. The 1903-S realized $17,037.50 which was much more respectable than the 1892-S. Legend described the coin as: This incredible superb gem passes any and all tests! A full, booming luster shows off absolutely perfect surfaces with a few light, Mint made die polishing lines on the reverse, but nothing else. A phenomenal mix of original green/fiery gold/pale blue colors adorn the surfaces. Miss Liberty and the details are frosty, with razor sharp strikes. The eye appeal is jaw dropping! This coin last sold for $16,100.00 (Heritage 4/09), but certainly it’s worth far more today!
I assume when Legend indicates the coin last sold in Heritage 4/09, they are speaking of this specimen. The 2009 specimen is from the Joseph C. Thomas Collection. The present day coin appears more colorful in the Simpson 2014 sale than the coin that appeared five years earlier in the Thomas sale. Maybe an expect like Ron can confirm or not. PCGS and Coinfacts does not make the linkage. Also, could this be the Wayne S. Rich Specimen that sold in a March 2002 Bowers & Merena sale? Maybe.
By grade, this coin cannot be matched by PCGS certified specimens. PCGS values the 1903-S POP 1/0 coin at $16,000. The new Hansen specimen is CAC Approved. This coin sold in a GreatCollections Auction on March 15th for $22,500. Once again, Mr. Hansen was the only bidder and covered the minimum bid on the coin. The previous auction record for the date was this specimen in the Simpson sale where the coin realized $17,038. The new purchase by Hansen sets a new auction record of $22,500. Will it be recorded that way? It appears the PCGS does not recognize the GreatCollections Auction. I may have read, but do not remember why.
April 14th, 2018, I made the first post on this thread. We have experience many changes in this collection the past two years. As we end season two, I think we have a lot to look forward to in season three. I cannot show you highlights to come, as you see in a TV series. This collection is not scripted as an entertainment show. Will there be more ultra-rarities coming available? Possibly. Will Mr. Hansen continue to upgrade his collection? Certainly. Will we see the purpose and strategy being placed on building a #2 set? Hopefully. Will we see him expanding into new areas, i.e. patterns? Maybe not. Will I start a new feature? Yes! The only way to know is stay tuned for Season Three!
I thought to do something differently in this posting. First, let’s take a tour down memory lane. According to information from the David Lawrence Rare Coins website: In August of 2016, Mr. Hansen picked up his Dansco album and decided to rejoin the ranks of coin collectors throughout the realm of American numismatics. Quickly, the hobby took hold, and he decided to begin a monumental trek towards duplicating and extending the historic Eliasberg Collection, the most complete collection of U.S. Coins of all-time. The Eliasberg Collection contained coins through 1964; however, Hansen determined that extending his collection to the current day would be even larger and more important challenge.
The next Eliasberg?
It was about five months later before his quest was first noticed. The first thread about Mr. Hansen was started by Gazes, February 8, 2017. It was a simple posting from a mention in an online report. His posting read: In Legend's market report today, she states that a "mega collector out there who loves the idea (and is attempting) to be the next Louis Eliasberg." Does anyone know anything more about who this collector is and his collection? This posting turned out to be quite entertaining. The thread was active for about thirteen months. The posting generated about 350 comments and viewed almost 16,000 times. I call this thread the pre-season to “Hansen watch”. This is a very good read if you were not here from the beginning. Even Mr. Hansen made a couple cameo appearances. In the past three years, I believe he has posted only five times. You will find some notable comments from posters that no longer participate here, for instance, the Analyst and the Specialist. This would be an enjoyable read. https://forums.collectors.com/discussion/975928/the-next-eliasberg/p1
Is Dell Loy Hansen unique in how public his collecting is?
There are many others interesting topics along the way, but I will end with this discussion on Mr. Hansen uniqueness. This thread generated a great amount of discussion. I think this comment from an industry leader sums up the hobby from prespective prior to Mr. Hansen entering the scene. Here is reality. I have several BIG collections I am building. Virtually all are private. Why? There are serious security issues my clients face as well. Keeping a collection private will building it-or even owning it is NOT anyones business. Some people don't brag or want to be in a rat race. Some people collect for their own joy and for their family. Why people here don't get it is a mystery to me. If you would like to learn more, this would be a good read. https://forums.collectors.com/discussion/1017679/is-dell-loy-hansen-unique-in-how-public-his-collecting-is#latest
@RedCopper said:
Hey Currin - you can always ask me about Barber Dimes. I know more about them Han Ron Guthrie.
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You got that right. With 20 years of first hand experience, you know more than anyone. Its like a fox and a hound. Hansen is the hound, and does not appear he can catch the fox. Anything you can add would be appreciated. Is most of the top PCGS coin in the top two sets? I think it may be one of two others out there, but I don’t think very many.
Let’s kick off our third season with a new feature. The timing was just about perfect. I was waiting for 40 coins remaining before starting this countdown. If you have been watching from the beginning, you will recall we started the Quest Countdown at about 40 coins remaining. The Quest is down to 13 after about two years. Will the Major Varieties be whittled down to 12-13 two years from now? No way to know, but we can be hopefully this will become a focus area. It would be fun to watch if Mr. Hansen gets more aggressive with this area of his Great Collection.
The PCGS Registry Set that we will be focusing on is a massive 3260 group of coins. To complete, this set would require the 2821 basic coins plus an additional 439 Major Varieties Coins. With this addition, there are 40 remaining coins in this quest. I have divided the 40 coins in three groups. The Top 10 coins are ultra-rarities which the most common #10 coin has only eight known specimens. The top two coins are unique for known specimens, and both are permanently in the Smithsonian, therefore uncollectable. The other eight is “technically collectable”, but that does not guarantee that Mr. Hansen will have an opportunity purchase all of them. How many of these coins can he collect?
PCGS described the set as: Every classic U.S. coin in Circulation Strike from 1792 through 1964, every date, every Mintmark, every major variety, this set is the ultimate challenge. A collection of this size could take decades to assemble in high grade. As we know, Mr. Hansen has been actively assembling his collection for just over three years now. He has made a lot of progress being he is already in the countdown phase of the collection. He recently added coin #3221 and have only 39 coins remaining.
This specimen is a major variety in the half eagles. If you look at the remaining 39 coins needed, half eagles represents approx. 50% of them. Expert David Akers commented: For years the 1842 Large Letters has been claimed to be more common than the 1842 Small Letters. However, as the auction records clearly show, this is not the case. The Large Letters variety appears at auction only half as often as the Small Letters variety. In fact, the 1842 large Letters has fewer auction appearances than any other Philadelphia Mint Liberty Head Half Eagle except the 1875. It is an extremely rare coin. I really did not know this coin was as rare as it is stated here. According to PCGS estimates, the survival for this coin is around 47 specimens.
The coin is from the Srotag Collection. We’ve had the pleasure in the past few weeks to see several coins from this collection. Many of the Srotag coins were auctioned by GreatCollections Auctions. The coin was obtained in a February 2nd auction and realized $10,531 with buyer’s fees. We are not given any additional information on the pedigree. PCGS Price Guide Value is only $6,250, so the CAC specimen demanded a premium. Mr. Hansen purchased several half eagles from the Srotag Collection, including 1861-C, 1861-S, 1863, and 1865-S. I may provide additional information in a future posting.
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. The Major Varieties Set is an expansion of the PCGS Basic Set in The D. L. Hansen Collection. To complete, this set would require the 2821 basic coins plus an additional 439 Major Varieties Coins. With this addition, there are 39 remaining coins in this quest. The first two coin as not collectable, so the completion of this set would be 99.94%. PCGS describes this set as: Every classic U.S. coin in Circulation Strike from 1792 through 1964, every date, every Mintmark, every major variety, this set is the ultimate challenge. A collection of this size could take decades to assemble in high grade.
Top 10 1797 Half Eagle "Large Eagle, 15 Stars" (1 Known – Permanently in Smithsonian) Uncollectable 1797 Half Eagle "Large Eagle, 16 Stars" (1 Known – Permanently in Smithsonian) Uncollectable
1861 Double Eagle "Paquet" (2 Known)
1804 Eagle "Plain 4 Proof" (3 Known)
1849-C Gold Dollar "Open Wreath" (4 Known w/ one defective)
1958 Small Cent "Doubled Die Obverse” (3 Known)
1793 Wreath Large Cent "Strawberry Leaf" (4 Known w/ VG Finest Known)
1795 Large Cent "Jefferson, Lettered Edge" (5 Known w/ VF Finest Known)
1810 Half Eagle "Large Date, Small 5" (5 Known w/ AU Finest Known)
1795 Large Cent "Reeded Edge" (8 Known w/ VG Finest Known)
Next 10
1842 Half Dollar "Small Date, Rev of 1839" (Survival est. 10 w/ 1 Mint State)
1804 Quarter Eagle "13 Star Reverse" (Survival est. 11 w/ AU Finest Known)
1831 Half Eagle "Large 5D" (Survival est. 22 all varieties w/ 1 Mint State)
1797 Half Cent "Gripped Edge" (Survival est. 13 w/ VG Finest Known)
1831 Half Eagle "Small 5D" (Survival est. 22 all varieties w/ 3 Mint State)
1853-D Half Eagle "Medium D" (Survival est. 15 w/ AU Finest Known)
1830 Half Eagle "Large 5D" (Survival est. 27 all varieties w/ 5 Mint State)
1830 Half Eagle "Small 5D" (Survival est. 27 all varieties w/ 5 Mint State)
1828 Half Eagle "Normal Date" (Survival est. 14 w/ 5 Mint State)
1793 Chain Large Cent "Periods" (118 PCGS Certified w/ 3 Mint State)
Last 19
1797 Half Eagle "Small Eagle, 15 Stars" (Survival est. 20 w/ 1 Mint State)
1820 Half Eagle "Curl Base 2, Sm Letters" (Survival est. 14 w/ 8 Mint State)
1819 Half Eagle "5D/50" (Survival est. 17 w/ 8 Mint State)
1800 Dollar "Wide Date, Low 8, AMERICAI" (Survival est. 25 w/ AU Finest Known)
1840-D Half Eagle "Small D" (Survival est. 25 w/ AU Finest Known)
1798/7 Eagle "7X6 Stars" (Survival est. 25 w/ 3 Mint State)
1812/1 Half Dollar "Large 8" (Survival est. 35 w/ AU Finest Known)
1795 Large Cent "Jefferson, Plain Edge" (Survival est. 45 w/ VF Finest Known)
1820 Half Eagle "Curl Base 2, Large Letters" (Survival est. 32 w/ 20 Mint State)
1839 Half Dollar "Receeded Edge, Small Letters” (Survival est. 50 w/ 4 Mint State)
1833 Half Eagle "Large Date" (Survival est. 37 w/ 19 Mint State)
1834 Half Eagle "Capped Bust, Plain 4" (Survival est. 37 w/ 19 Mint State)
1798 Quarter Eagle "Wide Date" (Survival est. 50 w/ 8 Mint State)
1798/7 Dime "13 Stars Reverse" (Survival est. 50 w/ 10 Mint State)
1794 Large Cent "Starred Reverse" (Survival est. 60 w/ AU Finest Known)
1807/6 Large Cent "Small 7" (Survival est. 100 w/ AU Finest Known)
1798 Dollar "Large Eagle, Knob 9, 4 Lines" (Survival est. 125 w/ 2 Mint State)
1795 Half Dollar "Small Head" (Survival est. 450 w/ 1 Mint State)
1887/6 Three Cent CN (Survival est. 800 w/ 750 Mint State)
Half Eagle Update (purchases from Srotag Collection)
In the last posting where I kicked off the major varieties countdown, I featured the 1842 “Large Letters” Half Eagle from the Srotag Collection. As mention, this was not the only half eagle that Mr. Hansen purchased from the collection. Without knowing the exact number, I can confirm that he purchased the 1858, 1861-C, 1861-S, 1863, and 1865-S specimens.
I believe the Liberty Head $5 Gold Basic Set, Circulation Strikes (1839-1908) set of 201 coins may be one of Mr. Hansen favorite series. With the addition of the 1854-S specimen a few weeks ago, The Hansen Collection is only current complete set in the registry. Although the Smithsonian National Numismatic Collection does have the ultra-rare 1854-S, the collection is not complete according to the registry. Harry W. Bass Collection had 200 of the 201 specimens, but was missing the 1854-S. By the weighted GPA given in the registry, the Bass set is about a half point better than the Hansen Set. With Hansen’s efforts to improve his set, as we can see with these updates, his GPA should continue to increase.
PCGS describes the set as: There is no other set of coins that features specimens from seven U. S. Mints—Philadelphia, Charlotte, Dahlonega, Carson City, Denver, New Orleans and San Francisco. This long-lived set includes one of the greatest rarities in numismatics, the 1854-S $5 gold piece. How many has PCGS graded? Zero! There are many sets-within-sets in this series, as most collectors focus on the coins from one particular Mint. It’s a long and challenging collection to complete, but it’s a tremendous achievement if you can do it. There are two of the 1854-s now graded by PCGS including the Hansen-Pogue-Eliasberg-Boyd AU58+ POP 1/0 specimen. This coin is the center piece of the set, but the other 200 coins are very complementary. The set has 61 additional coins that are PCGS graded finest or tied for finest; including 31 that are PCGS POP 1/0 certified specimens. There are 39 other coins that are tied for second finest certified by PCGS. Overall, 149 of the 201 coins are tied for condition census top 5 or better. The collection has only two coins (1866-S & 1870-CC) graded F12, and three coins graded between F20 and VF45 (1853-C, 1847-O & 1860-S). All the remaining 196 coins are grades AU50 or better. The top graded coin is the 1908 MS68 (Pop 2/0). There are 58 coins that are shown to be CAC Approve in the comments of the registry. There could be more without indication. This is a great set of coins even if Mr. Hansen decides to stop his upgrading. Do I see that happening? No.
I really do not have a way to know exactly how many half eagles were purchased from the Srotag Collection. I know of six that have appeared in a variety of Hansen’s registry sets. The 1842 “Large Letters” and five below are the six that I am aware of. In my update above, 1863 Pop 2/0 specimen has not been added to the basic set. I am not sure why. The basic set still shows the 1863 $5 AU55 Certification #25294061 that I am pretty sure will be replaced at some point.
I picked the 1863 Half Eagle Upgrade as the focus coin due to rarity. David Akers description: Like the other low mintage Philadelphia Mint Half Eagles of this period, the 1863 is very rare in any condition. Most specimens are in the VF to the EF range and only a few are known as high as AU. I have seen only one strictly uncirculated specimen at auction in more than 20 years. In reality, there are three according to PCGS Condition Census report. If the report is correct, there are two MS60 and one MS61. The MS61 appeared in Legend’s Regency XIX Auction in 2016. The coin realized $58,750. Mr. Hansen paid $61,875 for his coin five years later, and his coin is CAC. In 2016, the Legend coin was not CAC Approve, but could be now. PCGS Price Guide Value is $55,000. Other than from the Srotag Collection, I don’t have any additional information on the coin’s pedigree. According to PCGS estimates, the survival for this coin is around 35 specimens for all grades.
@Currin said: Half Eagle Update (purchases from Srotag Collection)
In the last posting where I kicked off the major varieties countdown, I featured the 1842 “Large Letters” Half Eagle from the Srotag Collection. As mention, this was not the only half eagle that Mr. Hansen purchased from the collection. Without knowing the exact number, I can confirm that he purchased the 1858, 1861-C, 1861-S, 1863, and 1865-S specimens.
I believe the Liberty Head $5 Gold Basic Set, Circulation Strikes (1839-1908) set of 201 coins may be one of Mr. Hansen favorite series. With the addition of the 1854-S specimen a few weeks ago, The Hansen Collection is only current complete set in the registry. Although the Smithsonian National Numismatic Collection does have the ultra-rare 1854-S, the collection is not complete according to the registry. Harry W. Bass Collection had 200 of the 201 specimens, but was missing the 1854-S. By the weighted GPA given in the registry, the Bass set is about a half point better than the Hansen Set. With Hansen’s efforts to improve his set, as we can see with these updates, his GPA should continue to increase.
PCGS describes the set as: There is no other set of coins that features specimens from seven U. S. Mints—Philadelphia, Charlotte, Dahlonega, Carson City, Denver, New Orleans and San Francisco. This long-lived set includes one of the greatest rarities in numismatics, the 1854-S $5 gold piece. How many has PCGS graded? Zero! There are many sets-within-sets in this series, as most collectors focus on the coins from one particular Mint. It’s a long and challenging collection to complete, but it’s a tremendous achievement if you can do it. There are two of the 1854-s now graded by PCGS including the Hansen-Pogue-Eliasberg-Boyd AU58+ POP 1/0 specimen. This coin is the center piece of the set, but the other 200 coins are very complementary. The set has 61 additional coins that are PCGS graded finest or tied for finest; including 31 that are PCGS POP 1/0 certified specimens. There are 39 other coins that are tied for second finest certified by PCGS. Overall, 149 of the 201 coins are tied for condition census top 5 or better. The collection has only two coins (1866-S & 1870-CC) graded F12, and three coins graded between F20 and VF45 (1853-C, 1847-O & 1860-S). All the remaining 196 coins are grades AU50 or better. The top graded coin is the 1908 MS68 (Pop 2/0). There are 58 coins that are shown to be CAC Approve in the comments of the registry. There could be more without indication. This is a great set of coins even if Mr. Hansen decides to stop his upgrading. Do I see that happening? No.
I really do not have a way to know exactly how many half eagles were purchased from the Srotag Collection. I know of six that have appeared in a variety of Hansen’s registry sets. The 1842 “Large Letters” and five below are the six that I am aware of. In my update above, 1863 Pop 2/0 specimen has not been added to the basic set. I am not sure why. The basic set still shows the 1863 $5 AU55 Certification #25294061 that I am pretty sure will be replaced at some point.
I picked the 1863 Half Eagle Upgrade as the focus coin due to rarity. David Akers description: Like the other low mintage Philadelphia Mint Half Eagles of this period, the 1863 is very rare in any condition. Most specimens are in the VF to the EF range and only a few are known as high as AU. I have seen only one strictly uncirculated specimen at auction in more than 20 years. In reality, there are three according to PCGS Condition Census report. If the report is correct, there are two MS60 and one MS61. The MS61 appeared in Legend’s Regency XIX Auction in 2016. The coin realized $58,750. Mr. Hansen paid $61,875 for his coin five years later, and his coin is CAC. In 2016, the Legend coin was not CAC Approve, but could be now. PCGS Price Guide Value is $55,000. Other than from the Srotag Collection, I don’t have any additional information on the coin’s pedigree. According to PCGS estimates, the survival for this coin is around 35 specimens for all grades.
Nice report. My only comment on the 1863 half eagle is that the CAC census shows the top CAC approved grade as MS-60 (2 stickered). Nothing CAC approved in a higher grade. Nice pick up for the Hansen collection
@Boosibri said:
That coin is attractive for an MS60. I've owned two 1863 $5's in my collecting career and they are so tough to find, along with the 1865.
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Being that you mentioned the 1865, I thought I would show Hansen’s specimen. According to David Akers: The 1865 has the fourth lowest mintage of any Liberty Head Half Eagle and the sixth lowest mintage in the entire $5 series. I am not sure when or how this coin was acquired. The picture may not do justice for this coin. The 1863 looks much sexier, even as a grade lower.
1865 Half Eagle PCGS MS61, POP 2/0 Certification #83575016, PCGS #8298 PCPGV: $47,500 / Never appeared in auction Provenance: Unknown
This is a comment from a recent auction. It appears to me that Mr. Hansen and his collection of Jefferson Nickels does qualify as something that everyone should take note. I know at times some of you love to throw rocks at some of my comments. This may be one of them. It appears to me that The Hansen Collection of Jefferson Nickels is one of the All-Time Finest sets ever assembled, if not the finest. There are about a twenty active collectors of the Jefferson Nickels with 100% competed sets in the PCGS registry. The massive set requires 183 coins. The Hansen set is about 95% complete for full-step requirement specimens. The Hansen set is first place All-Times with a fairly solid lead. PCGS described the set as: Spanning nearly 80 years, the Basic Set of Jeffersons includes all dates and mints from 1938 to date. While no major rarities are in this set, the mintmarked issues of 1939 are the keys to this set. The full-step requirement ups the financial ante somewhat, with the D and S issues of the late 1930s crossing into four figures in top grade. This remains a very popular and completative set however, and will be a worthy accomplishment when complete.
It should not be a high priority for Mr. Hansen to upgrade this collection of Jefferson Nickels, but we know he does. Just a few weeks ago, I reported on another PCGS POP 1/0 specimen that went into his already #1 All-Times PCGS Registry set. You may remember the 1945-D Jefferson War Nickel, MS68+ FS. That coin was purchased Jan 19, 2020 in a Great Collections Auction. The coin realized $16,312.50 with buyer’s fee. At the time, I commented that I really have an appreciation for the diversity in which Mr. Hansen invests in his collection. Many notable specialists see purchasing a coin like this one as being a complete waste for a collector with D.L. Hansen’s budget. Well, he is doing again. If you have not taken a look at this set of Jefferson Nickels lately, I would encourage you to do so. It is truly an amazing collection for a collector that is not particular specializing in Jefferson Nickels.
Hansen already had a really nice 1958 Jefferson Nickel MS66FS in his collection that showed up as #2 PCGS Condition Census report. So, Jefferson nickel collectors take note! The D. L. Hansen Collection now has the top pop as well. This specimen has been floating around and available for a while now. The coin appeared in Legend’s Regency 35 Auction back in December 2019. The Legend Auction description: Jefferson nickel collectors take note! Legend Rare Coin Auctions is proud to offer this SINGLE FINEST Full Step 1958 nickel graded by either service! Flashy, brilliant, essentially Prooflike reflective luster radiates strongly on both sides. The devices are sharply struck and stand out against minimally abraded surfaces. High end quality, the eye appeal is enhanced by a touch of clear gold and pale rose over the nickel silver surfaces. The only "comp" to be found is a single MS66 FS that sold three and a half years ago for $8,225. Unpriced in MS66+ FS, we expect this stunning SUPERB GEM to realize a record bid from the top Jefferson Registry Set collector. Good luck! Legend estimated the coin to fetch $8,500 - $9,500. The coin realized $13,512.50. I cannot confirm that Mr. Hansen was an unbidder on the coin in this auction. For whatever the reason, the coin appeared in auction for a second time in just a few months.
As you have seen recently, Mr. Hansen has become a big time customer of GreatCollections Auctions. He obtained the coin in GCA’s Apr 05 sale. The coin was purchased by one bid with no challengers. The coin in this auction realized $12,937.50 with buyer’s fee. The winning bid was $11,500, so it appears the seller took a $2k lost in a matter just a few months. There is no additional information available for this specimen. I doubt this will be the last Jefferson nickel that we see purchased for this great collection.
1958 Jefferson Nickel, FS MS66+, POP 1/0 Finest certified by PCGS Certification #38464214, PCGS #84063 PCGS Price Guide: $13,500 / Realized: $12,937.50 Ex: Unknown
@Boosibri said:
That coin is attractive for an MS60. I've owned two 1863 $5's in my collecting career and they are so tough to find, along with the 1865.
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Being that you mentioned the 1865, I thought I would show Hansen’s specimen. According to David Akers: The 1865 has the fourth lowest mintage of any Liberty Head Half Eagle and the sixth lowest mintage in the entire $5 series. I am not sure when or how this coin was acquired. The picture may not do justice for this coin. The 1863 looks much sexier, even as a grade lower.
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Thanks Ron Guth for providing additional research for this specimen. The coin has ties to the DiBello-Bass Collection. Can not get much better than that.
Gaston DiBello Collection - Stack’s 5/1970:925 - Harry W. Bass, Jr. Collection, Part II - Bowers & Merena 10/1999:1152 (as PCGS AU58), $14,950.00 - Soluna Collection - Heritage 1/2017:5915 (as NGC MS61 956565004), $37,600.00 - D.L. Hansen Collection (as PCGS MS61 83575016)
Credit: Ron Guth at the Numismatic Detective Agency
@Currin said: Jefferson nickel collectors take note!
This is a comment from a recent auction. It appears to me that Mr. Hansen and his collection of Jefferson Nickels does qualify as something that everyone should take note. I know at times some of you love to throw rocks at some of my comments. This may be one of them. It appears to me that The Hansen Collection of Jefferson Nickels is one of the All-Time Finest sets ever assembled, if not the finest. There are about a twenty active collectors of the Jefferson Nickels with 100% competed sets in the PCGS registry. The massive set requires 183 coins. The Hansen set is about 95% complete for full-step requirement specimens. The Hansen set is first place All-Times with a fairly solid lead. PCGS described the set as: Spanning nearly 80 years, the Basic Set of Jeffersons includes all dates and mints from 1938 to date. While no major rarities are in this set, the mintmarked issues of 1939 are the keys to this set. The full-step requirement ups the financial ante somewhat, with the D and S issues of the late 1930s crossing into four figures in top grade. This remains a very popular and completative set however, and will be a worthy accomplishment when complete.
It should not be a high priority for Mr. Hansen to upgrade this collection of Jefferson Nickels, but we know he does. Just a few weeks ago, I reported on another PCGS POP 1/0 specimen that went into his already #1 All-Times PCGS Registry set. You may remember the 1945-D Jefferson War Nickel, MS68+ FS. That coin was purchased Jan 19, 2020 in a Great Collections Auction. The coin realized $16,312.50 with buyer’s fee. At the time, I commented that I really have an appreciation for the diversity in which Mr. Hansen invests in his collection. Many notable specialists see purchasing a coin like this one as being a complete waste for a collector with D.L. Hansen’s budget. Well, he is doing again. If you have not taken a look at this set of Jefferson Nickels lately, I would encourage you to do so. It is truly an amazing collection for a collector that is not particular specializing in Jefferson Nickels.
Hansen already had a really nice 1958 Jefferson Nickel MS66FS in his collection that showed up as #2 PCGS Condition Census report. So, Jefferson nickel collectors take note! The D. L. Hansen Collection now has the top pop as well. This specimen has been floating around and available for a while now. The coin appeared in Legend’s Regency 35 Auction back in December 2019. The Legend Auction description: Jefferson nickel collectors take note! Legend Rare Coin Auctions is proud to offer this SINGLE FINEST Full Step 1958 nickel graded by either service! Flashy, brilliant, essentially Prooflike reflective luster radiates strongly on both sides. The devices are sharply struck and stand out against minimally abraded surfaces. High end quality, the eye appeal is enhanced by a touch of clear gold and pale rose over the nickel silver surfaces. The only "comp" to be found is a single MS66 FS that sold three and a half years ago for $8,225. Unpriced in MS66+ FS, we expect this stunning SUPERB GEM to realize a record bid from the top Jefferson Registry Set collector. Good luck! Legend estimated the coin to fetch $8,500 - $9,500. The coin realized $13,512.50. I cannot confirm that Mr. Hansen was an unbidder on the coin in this auction. For whatever the reason, the coin appeared in auction for a second time in just a few months.
As you have seen recently, Mr. Hansen has become a big time customer of GreatCollections Auctions. He obtained the coin in GCA’s Apr 05 sale. The coin was purchased by one bid with no challengers. The coin in this auction realized $12,937.50 with buyer’s fee. The winning bid was $11,500, so it appears the seller took a $2k lost in a matter just a few months. There is no additional information available for this specimen. I doubt this will be the last Jefferson nickel that we see purchased for this great collection.
1958 Jefferson Nickel, FS MS66+, POP 1/0 Finest certified by PCGS Certification #38464214, PCGS #84063 PCGS Price Guide: $13,500 / Realized: $12,937.50 Ex: Unknown
I think the fact that Hansen has bought so many coins from Great Collections is more evidence that he loves coins and enjoys spending time on them. Whether it is proof gold or a jefferson nickel---he seems to have a real passion for anything numismatics.
This is an interesting short lived series. The last discussion on Franklin Half Dollars took place almost a year ago. This has been a difficult series for Mr. Hansen to break into. The Franklin Half Dollar set that I like to reference is the Franklin Half Dollars FBL Basic Set, Circulation Strikes (1948-1963). This 35 piece set has over 500 registry sets. My last posting a year ago, there were 478, and as of today, the number has grown to 504. This is the most popular circulation strike half dollar set in the registry. In comparison, the Walking Liberty has 154, Kennedy Half Dollars (1964-Present) have 130, Barber has 70, Seated Liberty has 34, and finally the Early Half Dollars (1794-1839) have 53. Therefore, the total basic half dollar sets for all years (1794 to Present) is 945. There is more Franklin sets than all the others combined (for this basic circulating state comparison). The situation has created a log jam at the top of the registry for Franklins.
As I indicated last year, I am not sure if I know what make the Franklin series so popular (some hints are given below). It is hard for me to see the beauty in the coin compared to the other half dollar designs. Maybe it is the fact the series lasted only 15 years. I believe the series was cut short by the assassination of our 35th president. PCGS describes the set as: Mintages are irrelevant when gauging the rarity of a Franklin issue in MS 65 or MS 65 FBL (or higher grade). Original BU rolls of Franklin half dollars rarely contain even a single MS 65 coin. Because this series is both challenging and affordable, it has become one of the most popular of all U. S. coins sets to assemble. As this is being written only twenty sets can be put together in MS65FBL, and one set is possible in MS66FBL! Most collectors assemble this set with as many FBL pieces as possible, then fill in the holes with non-FBL specimens until the right coins come along.
In the past year, The D. L. Hansen Franklin Half Dollars FBL Basic Set has move up one spot in the All-Time Finest (All Eras) rankings. The move is up to fourth from fifth, and is now third in the current list of sets. The only remaining retired set that ranks higher than Hansen is the EWP Collection that retired in 2014. The Hansen set is ranked higher than the only PCGS Hall of Fame set in the series, JFS Collection. For current rankings, the top two sets ahead of the Hansen Collection is about as solid as they can be. In this series, Hansen has no PCGS POP 1/0 specimens. This is very uncommon for Mr. Hansen to be completely locked out for having a top coin represented. According to my count, there are only eight PCGS Pop 1/0 specimens in the 35 coin series. The #1 set (Linda Gail) has three of them, 1949, 1950-D, and 1963-D. The #2 set (LOR) has four of them, 1948, 1951-S, 1957, and 1960-D. This leaves one available specimen, 1953-S MS67FBL. This specimen does not appear to be listed in any of the registry sets. The coin has never appeared in auction and does not appear on the PCGS Condition Census Report, so its whereabouts is unknown. On the positive side, 13 of Mr. Hansen’s 35 specimens are tied for finest certified by PCGS, finest being a couple POP 3/0 specimens. So, if my math is correct, there are still approx. 15 coins in his set that can be upgraded. Also, he has a second set that is ranked fifth in registry with five specimens tied for PCGS finest. There is a third completed set ranked #14 that is tribute to “Diana”. With no bonus points being awarded for additional sets, it does not appear mathematically possible for the Hansen Collection to move above third place even with the 15 upgrades that I mentioned.
1956 Half Dollar MS67+ FBL
This coin was acquired a few days ago (April 20th) in Stacks Bowers April 2020 Collectors Choice Online Auction. The coin has been available in the market for a few weeks now. The coin was being offered by Larry Shapiro Rare Coins. Prior to the SBG Auction, LSRC offered the coin through EBay. The coin was described as: This stunning 1956 superb gem Franklin half is bathed in satiny lustrous lavender, electric-blue, and mint-silver radiance with both sides handsomely encircled by a wonderful palette of sunset rainbow colors. PCGS has graded none finer and with this coin in hand; we believe anyone would be hard-pressed to disagree. This 1956 will unquestionably stand out in any registry set! CAC Approved The coin was offered for $13,250. As we know, the coin was taken down when it sold in the SBG Auction.
This is a nice POP 5/0 specimen. I cannot say that I am surprised to see coins are being purchased by Mr. Hansen in an online auction sale, because we have witnessed several coins purchased in the GreatCollections Auctions. I know Mr. Hansen is active in his collecting and purchasing of coins. He enjoys the hunt. He once told me that he uses “The Shop for Coins in This Set” function in the PCGS Registry. The function is linked to the Collectors.com website that claims to compare thousands of collectibles from hundreds of sites at once, and then let you choose the one that is right for you. We help collectors discover and shop for items to complete their collections faster and at the most competitive market prices. Mr. Hansen likes to use this site to find coins that can improve his sets. Auction Coins appear on this site. Gazes recently wrote: I think the fact that Hansen has bought so many coins from Great Collections is more evidence that he loves coins and enjoys spending time on them. Whether it is proof gold or a jefferson nickel---he seems to have a real passion for anything numismatics. I can confirm there is a lot of truth in this statement with the caveat that he loves the hunt. I do not know for 100% certainly, but I have high confidence this 1956 Half Dollar MS67+ FBL is a coin that Dell Loy Hansen found in his searching, bided on, and purchased out of enjoyment in improving a set that is only ranked #4 in the registry.
The coin realized $7,800 in the SBG online sale. I believe to be a great purchased for a coin that was being offer at a price almost twice as much. PCGS Price Guide Value lists the coin at $11,000. In addition, the coin is CAC Approved! I cannot imagine this purchase would be as enjoyable as purchasing the 1854-S Half Eagle a few weeks ago, but I can imagine that Mr. Hansen went to bed Monday night with a smile on his face.
1956 MS67+ FBL Franklin Half Dollar Specimen, CAC Approved Certification #38130027, PCGS #86671, POP 5/0 PCGS Coin Guide Value: $11,000 / Realized $7,800
The 1839 "No Drapery" is the only year represented in Type 1, No Drapery Half Dollars. One year types sometimes form a league of their own because they are highly sought after by type collectors. As you know, The D. L. Hansen Collection is known for its “complete” US issue quest. But think about it, when you assembly a complete collection, a subset will always be a type set. The Hansen Collection has one of only two complete 133-piece U.S. Type Set, Circulation Strikes (1792-1964) in the registry. The top set is the long time collection assembled by High Desert. If I recall, this set was first completed about 10 years ago. The set contains some of the finest known coins representing the 133 distinguish types. The 1839 "No Drapery" Half Dollar is weighted 5.0 in the set, which means the difficulty is somewhere near the middle of the set.
Ron Guth describes the type as: Two types of Half Dollars were issued in 1839: the Capped Bust, Lettered Edge type and this, the Liberty Seated type. The latter design was late coming to the Half Dollar (it first appeared in 1836 on the Gobrecht Dollar, then the Half Dime and Dime, then the Quarter Dollar, and finally, the Half Dollar). The first sub-type, known as No Drapery, refers to the lack of drapery below Liberty's left arm (the viewer's right). This was the original design, as intended, and it wasn't until later in the year that the design was tweaked by adding the eponymous drapery and changing the shape of the rock on the left side of the coin. Later "No Drapery" varieties in 1840 and 1845 were caused when over-polishing of the dies wiped-out the newly-added drapery! This is a one-year year type and the first year of a rather lengthy series, thus it is the subject of great demand.
Presently PCGS POP Report have five graded MS65, with only one (Hansen’s new coin) graded MS65+. Ron Guth adds some additional details on the coin: The 1839 "No Drapery" Half Dollar is named after it's most obvious feature -- the lack of a fold of drapery beneath Liberty's left arm (the one on the viewer's right). Later in the year, the obverse design was modified, not only by adding the drapery, but by changing the shape of the rock on which Liberty sits, and by altering the folds in her gown. According to the PCGS Population Report (as of June 2011), the 1839 No Drapery Half Dollar is slighly more scarce than the 1839 With Drapery Half Dollar, not only in all grades, but in Mint State, as well. The most frequently-seen Mint State grade is MS-63 (11 graded). The 1839 No Drapery Half Dollar becomes very scarce in MS-64 and authentically rare in MS-65 (3 graded). None have been graded finer.
1839 Seated Liberty, No Drapery MS65+
This coin was first seen a few months ago in Stack's Bowers November 2019 Baltimore U.S. Coins Auction. The coin was listed as 1839 Liberty Seated Half Dollar, No Drapery. WB-2, Rarity-3, CAC, NGC graded MS-64 in an old holder. NGC Price Guide Value the coin for $47,000. The coin was from The E. Horatio Morgan Collection. This collection had several legendary coins including 1884 and 1885 Trade Dollars. One article described the collections as: Assembled primarily in the late 1980s and early ’90s, the E. Horatio Morgan Collection showcases an impressive array of rarities, with a focus on dimes, early half dollars, pattern coinage, and select world-class rarities. Highlighting this offering is the Dr. Jerry Buss specimen of the 1894-S dime, which has only recently been certified for the first time as Branch Mint Proof-63 (PCGS) CAC. Also featured is a Gem 1876-CC twenty-cent piece that was last offered in our 400 Sale of January 1988, and which has been recently graded MS-65 (PCGS). We know that Mr. Hansen’s laser focus was on the 1894-S dime. As you can see with all these great coins, the 1839 Seated Liberty, No Drapery could easily be overlooked. Or was it overlooked?
The coin sold in the November 2019 Stack Bower Auction for $75,000. The coin was described as: Rare and exceptionally beautiful near-Gem preservation for this significant one year design type produced at the inception of the Liberty Seated half dollar series. Highly lustrous with a lively frosty texture, both sides are further adorned with splashes of vivid cobalt blue, pinkish-apricot and silver-lilac iridescence. Fully struck over all features save for a few of the obverse stars, this predominantly smooth and visually appealing coin would do justice to an advanced type set or specialized Liberty Seated half dollar collection. Since the auction, this coin has arisen to the top of the PCGS registry. By grade, the coin has surpassed all other examples except for the Joseph C. Thomas Collection specimen that is graded MS67 by NGC.
Heritage comment: The coin offered here is a Plus-graded Gem, with sharply detailed design elements in most areas and just a trace of softness on some star centers on the left. The impeccably preserved surfaces are enhanced by vivid highlights of cerulean-blue, magenta, and apricot-gold toning. Vibrant mint luster shines through the patina, adding to the terrific eye appeal. This coin should find a home in the finest collection or Registry Set. The coin realized $150,000 in Heritage Auction’s April 23, 2020 Central States US Coins Signature Sale. The price realized is not an auction record.
The Hansen Collection already had an amazing 1839 Seated Liberty, No Drapery specimen that was picked up last year in a group of coins purchased from Oliver Jung. The coins were offered after the #1 Type Set was broken up. The coin I believe at the time of purchase was tied for PCGS finest and also carries the Pogue Pedigree. I not sure of the future of the coin, but I hope it will remain in the collection in the Hansen’s #2 set. I personally like the strike of the MS65+ coin better. Presently, Hansen has two very nice examples of this one year type.
Hansen #1 - 1839 50C No Drapery, WB-101, Die Pair 2 1839 Seated Liberty, No Drapery MS65+, PCGS POP 1/0 Finest Certified at PCGS, Ex: E. Horatio Morgan Certification #38681270, PCGS #6230 PCGS Coin Guide Value: unknown / Realized: $150,000
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. Hansen #2 - 1839 Liberty Seated Half Dollar. No Drapery, WB-1 1839 Seated Liberty, No Drapery MS65, PCGS POP 4/1, CAC Approved Tied for 2nd Finest PCGS, Ex: Brett Pogue Certification #32916369, PCGS #6230 (572000) PCGS Coin Guide Value: $175,000 / Realized: unknown
Are there any experts on Seated Liberty Half Dollars? I am wondering if both of these coins are the same die variety. For the 1839, the registry indicates there are four different Wiley Bugert 1839 No Drapery Varieties. For the MS65+, it is listed as WB-101, Die Pair 2. Is that different than the Pogue WB-1?
I prefer the 65+. I feel like Currin is making an understatement in saying he prefers the strike. The rims are so much stronger and the shield on the eagle is so much better defined. How does it compare to proofs? It's getting there. For me that difference outweighs and preferences about luster/toning.
@neildrobertson said:
I prefer the 65+. I feel like Currin is making an understatement in saying he prefers the strike. The rims are so much stronger and the shield on the eagle is so much better defined. How does it compare to proofs? It's getting there. For me that difference outweighs and preferences about luster/toning.
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I agree 100%. This discussion clearly demonstrates there are differences in preferences. Some people favor Fords and others like Chevs. I wrote this in a posting on this site in 2003: I have a couple of friends that love “tone coins” more than mint white. Not me! I have “never” seen a tone coin that I liked. I received some interesting replies. I would say over the past 17 years, I have warmed up somewhat to nicely tone coins, but they are not my preference over all else. I would agree that the Pogue-Jung Specimen has a better and more “consistence” toning. So, if your primary preference in a coin is appeal, especially toning appeal, then I can understand why you would favor the Pogue-Jung coin.
In the late 1990s, I read an article entitled “Assembling the Ideal 20-Century Type Set” authored by David W. Lange. I have not read the article in the last 10 years or so, but if I recall the he suggested to place emphases on the coin strike. The coin strike was more important than the grade. At that time, and still do, I bought unto the concept. As everyone knows in the TPG era, grade is the driver, and Miss CAC is setting in the passenger seat. I am not sure the criteria of CAC Approval, but does the coin’s appearance play a part? I can not believe strike is a big factor. If so, I can not see how the Pogue-Jung coin was CAC Approved. Just asking.
So, my preference when judging a Ford and a Chev side by side, I most of the time I will lean to the best strike (best car manufacture). I pulled the reverse side photos for both coins from their last auctions. The strike of the left side of the eagle looks much weaker on Pogue-Jung coin (also look at the arrow feathers). That is where I made my decision because the strike of the Horatio Morgan specimen I think is no question in my mind... better. From appealing and toning, I would agree that I like Pogue-Jung, but if I had to choose one. The Horatio Morgan specimen would the coin that I would rather have in my collection.
We have recently witnessed several half eagle upgrades in the D. L. Hansen Collection. The 1839 issue is the first coin in the 201 coin basic Liberty Head Circulation Strikes Half Eagle set. With the recent purchase of the 1854-S half eagle, the D. L. Hansen set moves onto top spot ahead of Harry W. Bass Collection. As most know, the 1854-S half eagle was the hole in the Bass Collection. Most of the Bass coins were graded by PCGS (all but three) and the weighted GPA at this point in time is about a half of a point higher than the Hansen Collection. So, this upgrade is one of many that will be needed to move the collection up to the finest graded set. The Eliasberg and Smithsonian sets are complete, but several of the Philadelphia mint issues were represented by proof examples. There have been other historic complete collections of Liberty Head Circulation Strikes Half Eagles. I am pretty confident the Josiah Lilly Collection was completed. Some other sets may be completed collections assembled by Green, Norweb and Boyd. It would take some research to determine the all known (recorded) completed Liberty Head Half Eagle sets but I feel the number to be fairly low. Ten to twelve sets, but this range seem a little high to me. Is this Hansen Collection the only present day private owned completed set? I am not certain, but I think so. There could be only one other set due to the rarity of the 1854-S half eagle.
PCGS describes the 201-piece set as: There is no other set of coins that features specimens from seven U. S. Mints—Philadelphia, Charlotte, Dahlonega, Carson City, Denver, New Orleans and San Francisco. This long-lived set includes one of the greatest rarities in numismatics, the 1854-S $5 gold piece. How many has PCGS graded? Zero! There are many sets-within-sets in this series, as most collectors focus on the coins from one particular Mint. It’s a long and challenging collection to complete, but it’s a tremendous achievement if you can do it. The description is a little out dated because now PCGS has graded two coins with the third known uncertified coin given by the Josiah Lilly estate to the Smithsonian Institution.
1839 Liberty Half Eagle, MS64, First Year of the Design
This is the second coin that was purchased at Heritage’s April 2020 Central States US Coins Signature Auction. Over the weekend, we saw the 1839 No Drapery Half Dollar. This new gold addition is also a first year of the design. David Akers comments: This is the first year of the new type design by Christian Gobrecht. Although not especially rare in lower grades, it is nevertheless much more rare in all grades than any of the Philadelphia Mint coins of the previous type except the 1834 Crosslet 4. High grade specimens, i.e. coins grading AU or Unc., are very rare and choice mint state pieces are virtually unobtainable. By a substantial margin, the finest 1839 I have ever seen was the superb gem Dean Mathey specimen that was sold in the 1973 NASC Sale for a then remarkable $2250. I have omitted any listing for the so-called "1839/8" Half Eagle because in my opinion, there is no such thing. All 1839 Half Eagles have the same raised dot on the neck near the lowest hair curl and I have never seen a convincing example of a legitimate overdate. (The existence of such an overdate is also illogical since there is no other example after the very earliest days of the U.S. Mint where a new, supposedly improved design began life as an overdate. It seems improbable to me that the dies would have been prepared in 1838 for a brand new design and then repunched with a new date before use. Certainly overdates abound in the early days of U.S. coinage but they are decidedly uncommon after the 1820's and with just one exception (the 1796/5 Half Dime) overdates always exist within the same type and never in the first year of a new design.) The head of Liberty on this and the other issues of 1839 is distinctly different from the head on coins dated 1840 and later. The difference is sufficient that the 1839 should be considered a one year only type coin.
The new Hansen 1839 Half Eagle replaces a very nice MS63+, Certification #81788183. As you have seen recently, Mr. Hansen not only replaces lower grade coins, but he also routinely replaces Condition Census coins as we have witnessed in the last two updates. The new specimen was recently listed on Park Avenue Numismatics website. The coin was listed for $56,700. I have not been able to make a pedigree connection to the coin. Heritage described the coin as: This piece is sharply struck and exhibits brilliant light yellow luster with satin surfaces. Scattered marks are expected at the MS64 grade level. For those collectors interested in die variations, stars 6 and 7 are recut, as on both of the other MS64 PCGS examples. The coin realized $50,400. PCGS Price Guide Value sets the worth of the coin at $60,000. The coin is not CAC Approved. Would the same coin realize $70,000, if stickered? You be the judge whether it would or not. This is another nice addition to The Top Pocket Collection and moves a PCGS Condition Census Top 5 coin into the number 2 set. At least until a better coin comes along.
Hansen #1 - 1839 Liberty Half Eagle 1839 Half Eagle, MS64, First Year of the Design Tied for Finest PCGS, POP 3/0 Certification #38519558, PCGS #8191 PCGS Coin Guide Value: $60,000 / Realized: $50,400
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. Hansen #2 - 1839 Liberty Half Eagle 1839 Half Eagle, MS63+, First Year of the Design PCGS Condition Census Top 5, POP 1/3 Certification #81788183, PCGS #8191 PCGS Coin Guide Value: $34,500 / Realized: unknown
We have recently witnessed several half eagle upgrades in the D. L. Hansen Collection. The 1839 issue is the first coin in the 201 coin basic Liberty Head Circulation Strikes Half Eagle set. With the recent purchase of the 1854-S half eagle, the D. L. Hansen set moves onto top spot ahead of Harry W. Bass Collection. As most know, the 1854-S half eagle was the hole in the Bass Collection. Most of the Bass coins were graded by PCGS (all but three) and the weighted GPA at this point in time is about a half of a point higher than the Hansen Collection. So, this upgrade is one of many that will be needed to move the collection up to the finest graded set. The Eliasberg and Smithsonian sets are complete, but several of the Philadelphia mint issues were represented by proof examples. There have been other historic complete collections of Liberty Head Circulation Strikes Half Eagles. I am pretty confident the Josiah Lilly Collection was completed. Some other sets may be completed collections assembled by Green, Norweb and Boyd. It would take some research to determine the all known (recorded) completed Liberty Head Half Eagle sets but I feel the number to be fairly low. Ten to twelve sets, but this range seem a little high to me. Is this Hansen Collection the only present day private owned completed set? I am not certain, but I think so. There could be only one other set due to the rarity of the 1854-S half eagle.
PCGS describes the 201-piece set as: There is no other set of coins that features specimens from seven U. S. Mints—Philadelphia, Charlotte, Dahlonega, Carson City, Denver, New Orleans and San Francisco. This long-lived set includes one of the greatest rarities in numismatics, the 1854-S $5 gold piece. How many has PCGS graded? Zero! There are many sets-within-sets in this series, as most collectors focus on the coins from one particular Mint. It’s a long and challenging collection to complete, but it’s a tremendous achievement if you can do it. The description is a little out dated because now PCGS has graded two coins with the third known uncertified coin given by the Josiah Lilly estate to the Smithsonian Institution.
1839 Liberty Half Eagle, MS64, First Year of the Design
This is the second coin that was purchased at Heritage’s April 2020 Central States US Coins Signature Auction. Over the weekend, we saw the 1839 No Drapery Half Dollar. This new gold addition is also a first year of the design. David Akers comments: This is the first year of the new type design by Christian Gobrecht. Although not especially rare in lower grades, it is nevertheless much more rare in all grades than any of the Philadelphia Mint coins of the previous type except the 1834 Crosslet 4. High grade specimens, i.e. coins grading AU or Unc., are very rare and choice mint state pieces are virtually unobtainable. By a substantial margin, the finest 1839 I have ever seen was the superb gem Dean Mathey specimen that was sold in the 1973 NASC Sale for a then remarkable $2250. I have omitted any listing for the so-called "1839/8" Half Eagle because in my opinion, there is no such thing. All 1839 Half Eagles have the same raised dot on the neck near the lowest hair curl and I have never seen a convincing example of a legitimate overdate. (The existence of such an overdate is also illogical since there is no other example after the very earliest days of the U.S. Mint where a new, supposedly improved design began life as an overdate. It seems improbable to me that the dies would have been prepared in 1838 for a brand new design and then repunched with a new date before use. Certainly overdates abound in the early days of U.S. coinage but they are decidedly uncommon after the 1820's and with just one exception (the 1796/5 Half Dime) overdates always exist within the same type and never in the first year of a new design.) The head of Liberty on this and the other issues of 1839 is distinctly different from the head on coins dated 1840 and later. The difference is sufficient that the 1839 should be considered a one year only type coin.
The new Hansen 1839 Half Eagle replaces a very nice MS63+, Certification #81788183. As you have seen recently, Mr. Hansen not only replaces lower grade coins, but he also routinely replaces Condition Census coins as we have witnessed in the last two updates. The new specimen was recently listed on Park Avenue Numismatics website. The coin was listed for $56,700. I have not been able to make a pedigree connection to the coin. Heritage described the coin as: This piece is sharply struck and exhibits brilliant light yellow luster with satin surfaces. Scattered marks are expected at the MS64 grade level. For those collectors interested in die variations, stars 6 and 7 are recut, as on both of the other MS64 PCGS examples. The coin realized $50,400. PCGS Price Guide Value sets the worth of the coin at $60,000. The coin is not CAC Approved. Would the same coin realize $70,000, if stickered? You be the judge whether it would or not. This is another nice addition to The Top Pocket Collection and moves a PCGS Condition Census Top 5 coin into the number 2 set. At least until a better coin comes along.
Hansen #1 - 1839 Liberty Half Eagle 1839 Half Eagle, MS64, First Year of the Design Tied for Finest PCGS, POP 3/0 Certification #38519558, PCGS #8191 PCGS Coin Guide Value: $60,000 / Realized: $50,400
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. Hansen #2 - 1839 Liberty Half Eagle 1839 Half Eagle, MS63+, First Year of the Design PCGS Condition Census Top 5, POP 1/3 Certification #81788183, PCGS #8191 PCGS Coin Guide Value: $34,500 / Realized: unknown
Ill take a stab at your question what a MS64 for this coin would be valued at if it was CAC. First, CAC on 19th century gold brings a premium so we know it would bring more than the 50,000 Hansen paid for his coin. Second, CAC has only stickered one 64 (and none higher) and that appears to be the NGC 64 auctioned in 4/15 for $54,050. Keep in mind the NGC coin sold 5 years ago and since then still it is the only CAC coin at 64. That might change but i would say it is unlikely. The CAC price guide lists the value at $65,300. That seems like a pretty good estimate to me---a top pop tied with a few others and the sole CAC coin----should bring a 15% premium over the $50,000 coin. If the NGC coin crossed over to PCGS----i think it is a $70,000 coin.
@tradedollarnut said:
Strike is 5% or less of a grade. One of those coins is completely original, pristine and worthy of the grade. The other...not so much.
I can't speak to if this is true or not from a technical grading perspective. I will take your word for it.
However, comparing the two strikes of these coins, and clearly the 65+ is clearly miles better.
All of that being said, I think the 65 has much better eye appeal than the 65+, and I am concerned about the obverse of the 65+.
I think Hansen is better served with the 65 remaining in his set for the time being.
The 1839 half dollars above is an example of a situation I would be a bit annoyed with if condition census for everything was my goal. I just don't particularly like either of those coins. I'd rather find a lower graded one but of course that's not Hansen's goal for most coins so he has to go after what's available.
The obverse really concerns me. A distinct lack of luster on the right-hand side of the obverse, some noticeable rub on the breasts, and some apparent carbon spots.
Comments
Just gotta bust open that cornerstone at the SF Mint and see if there's another 70-S $3 hiding in there. Might be easier than waiting on the Bass example to head back to the auction block.
@Currin I think I’m responsible for about 12,000 views
Unbelievable job you’ve done with this thread
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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......
Thank you so much for this thread.
This thread is incredible not only for the info gathered, but also for the care and time invested by @Currin
Thanks for being our real-time adventure writer!
Really amazing number of views and comments for a blog related to numismatics. Is this now a world wide record? Dell Loy as one of the top collectors of this generation, certainly seems to be chronicled as a living breathing force through these 66 pages and counting. Currin your dedication to this monumental treatise provides real time history in a way that I doubt had been perceived by anyone when you started. Since Dell Loy has been so completely open with his efforts, his fellow collectors are seeing everything in real time in an unprecedented way. Many congratulations for your effort. Much enjoyment you've provided to all of us, as a real time guide to Dell Loy and John's amazing journey building this epic collection. The number of top 100 US coins is already superb. Will be fascinating to see how many of the remaining 13 coins of the Eliasberg quest are obtained. By all appearances, Dell Loy seems to be going full speed ahead on a continuous quality trek. The next ten years of watching the set grow and improve will be amazing no doubt!
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If you go after the cornerstone coins, don’t stop with the three dollar. Get them all, including the half dime, and it would really be nice to get a look at the quarter dollar that is supposed to be there.
My 20th Century Gold Major Design Type Set ---started : 11/17/1997 ---- completed : 1/21/2004
I would not be surprised to see at least one of these three on the market in the next five years.
The Last Pogue Update
This is the last update that I have planned for The D. Brent Pogue Collection Part VII: Masterpieces of United States Coinage Auction. The auction was scheduled to be held at the Whitman Coin & Collectibles Spring Expo in the Baltimore Convention Center. Due to the pandemic the show was cancelled, and the auction was moved to Stack's Bowers Headquarters in Santa Ana, CA. According to SBG press release, the auctions were a big success with over $26.59 Million in US Coins sold. They announced that the Record-Setting Pogue Collection Sells $15.343 Million in Single Session. I watched the 421 lot sale live and the time lapse was 6 hrs. and 15 mins. It was exciting to watch and I did win one Washington Quarter. It is my understanding that Mr. Hansen also won one Washington quarter. I guess I could say I did as well as he did, but honestly he purchased much more than one Washington quarter.
I have no way knowing exactly what he actually purchased. We know he purchased the 1854-S for $1,920,000. He purchased the 1863 Liberty Dollar for $108,000. Also, he purchased the 1870-S Liberty Head Quarter Eagle for $34,800, 1866-S Half Dime MS67 PCGS for $15,600, 1954-D MS67+ Washington Quarter for $6,600, and a handful of other coins that I did not report. Maybe the biggest acquisition by number was the purchase of 12 Pogue Barber Quarters. His total for just the Barber Quarters purchase was $280,000. I think it is fair to say that of $15.343 Million in Pogue sales that the D. L. Hansen Collection picked up at least $2.5 Million of the coins.
Now switching back to the collection, a few days ago I provided a fairly good summary of the Hansen Barber Quarter Collection when sharing updates from Srotag Collection of Barber Quarters. The RSD Collection is still the big shark in the water for Barber Quarters Basic Circulation Strikes, and that will not change. Short of purchasing the RSD Set, Hansen has no path for victory in this series. That fact does not seem to dissuade Mr. Hansen from improving the set when he can. Keep in mind, his goal is much bigger that the Barber Quarters Basic Circulation Strikes Set.
I have provided the charts below for the upgrades to Hansen's Barber Quarters Collection. Of the seventeen coins that was recently upgraded, twelve were from the Pogue sale, three Srotag that I reported on a few days ago, and two that was picked up through David Lawrence Rare Coins, either in auction or private transaction. One coin from DLRC was 1908-S POP 1/0 Ex: Eliasberg Specimen, from the John C. Hugon Collection. The other was the 1909 MS66+ Specimen. The Srotag as previously reported are the 1895-S, 1897-S, and 1904. The remaining 12 coins are from the Pogue Collection.
1896-S Barber Quarter Dollar MS66
Our friend and resident expert Ron Guth once stated: The 1896-S Quarter Dollar is a well-recognized rarity in all grades. I think this is one Barber Quarter that the Hansen team were glad to see in the Pogue sale. They knew it would not come cheap, and if they wanted it, they would have to be willing to pay. They did. Back to Ron, the only other discussion was: All 1896-S Quarter Dollars show the mintmark positioned above the space between the R of QUARTER and the D of DOLLAR. However, there are two different dies with this feature: one with the S low and close to the R; another with the S higher and farther away from the R. If the mintmark is not in either of these positions, or does not have the same shape and appearance as the ones illustrated here, then the coin is most likely a counterfeit or the mintmark has been added.
Stack’s Bowers does not offer any hints for the provenance of the 1896-S. Few of the Barbers listed provenance when purchased in public auctions. There was not much discussion around how Mr. Pogue obtained the other Barber Quarters. Did he purchase most of them as a sets? I wish we were giving more information. SBG did describe the coin as: Here is an absolutely outstanding example of this well known and eagerly sought key date in the Barber quarter series. Both sides exhibit a full satiny mint luster and the fields are modestly semi-reflective. There is light iridescent gold toning that appears to drift toward the rims. The strike was delivered with pin point accuracy, calling forth full detail to all design elements. Expertly preserved and pristine in most areas, this lovely Gem stands tall among the highlights in the Barber quarter offerings from the Pogue cabinet.
I believe that most if not all the Pogue Barber Quarters will stand the test of time as being a resident in this great collection. Half of the twelve quarters are POP X/1 Specimens. It is possible that if one of the top sets that have the POP 1/0 specimens sell, then maybe Mr. Hansen could pick up and replace a few. I think it is safe to say that the 1896-S Barber Quarter Dollar MS66 is here for the long haul. SBG estimated the coin value between $50,000-$60,000. PCVG is given at a whopping $130,000. The coin sold for $96,000, so it appear Mr. Hansen may have been the right bidder at the right time. Because the coin is not CAC, I am sure the sticker only buyers were turned off. Maybe that was not a bad thing.
Extraordinary Gem 1896-S Barber Quarter
None Graded Finer by PCGS, POP 3/0
1896-S Barber Quarter, MS-66
Certification #38855610, PCGS #5615
PCGV: $130,000 / Realized $96,000
Provenance: From the D. Brent Pogue Collection, March 2020 Auction - The D. Brent Pogue Collection Part VII: Masterpieces of United States Coinage – Lot 7084
My 20th Century Gold Major Design Type Set ---started : 11/17/1997 ---- completed : 1/21/2004
Legend Update
If you have watched Hansen’s updates for a while now, you may have noticed, as I have, there have not been any updates from the Legends Auctions in last couple sales. The last update that I recalled was a purchase from Legend’s Regency 34 Auction held on 9/26/2019. I am not sure if there were no purchases or the coins were not of significance that they would show up for me to report. I have found a handful of coins from Legend’s Regency 37 Auction, March 26th. It is good to see some nice coins are starting to flow from Legends and their clients into The D. L. Hansen Collection. Here are a couple of the upgrades that realized more than $10,000 and both are very high in the PCGS POP report.
1900-S Barber Dime MS67
As we have seen in the past few weeks, Mr. Hansen is dedicating a large sum of resources to his Barber Collection. He has the all-time finest Half Dollar set, but is short in the dime and quarter dollar sets. This 1900-S is another example when nice Barber specimen comes available, he pounces. Legend described the coins as: Tied with just a single coin for FINEST graded honors. The mintage of dimes was relatively large, with nearly 5.2 million stuck. In any Mint State grade it is scarce and down right RARE in MS64 and finer. This SUPERB GEM has the look of an Eliasberg or Norweb coin, high grade with some great earthen tone. Some light olive, gold, tan, and russet hues. Satiny lustrous surfaces are pleasing and very smooth, free of any distractions. The devices are razor sharp, accented by a glowing, brilliant sheen. Amazing quality and eye appeal, worthy of a world class Barber dime set. Neither PCGS coin (POP 2/0) has sold in auction and the famed Simpson Collection coin is MS66. Anyone building the FINEST Registry Set of Barber Dimes needs this coin. The current Collectors Universe value is listed at $20,000. We wish you the best of luck!
Very nice words coming from Legends by indicating the coin has the look of an Eliasberg or Norweb. I am not sure I understand the reference to the Simpson coin, but it is a Legend description. Simpson must be their reference point for very thing important. Enough with that.
The PCGS POP 2/0 coin is a great compliment to the Hansen Barber Collection. The coin realized $15,275 which is high end of legend’s estimate of $12,500 - $15,000. As stated by the description, PCGV was given as $20,000. No CAC Approval on this coin. I offer no opinions, but if you do, let us know.
Superb Gem 1900-S MS67 Barber Dime
Tied for Finest Certified at PCGS, POP 2/0
Certification #38670448, PCGS #4823
PCGV: $20,000 / Realized $15,275
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1893-CC Half Eagle MS64+ CAC
I believe this to be the best coin that Mr. Hansen purchased in the Legend’s Regency 37 Auction. The coin ranked #9 as the most expensive in the auction. Hansen has assembled a very nice set of Half Eagles. With the addition of the finest known 1854-S a few weeks ago, the Half Eagles continues their trek to be the best of all times. He is two important coins short, and no further discussion is need there. This coin demonstrates the desire to make the best even better. Expert David Akers describes the 1893-CC Half Eagle as common. I would not be surprise at some point, to see all of the Hansen’s “common coins” as PCGS TOP POPs. It appears that he is already about 60% there.
David Akers describes the coin as: The 1893-CC is the last Half Eagle from this popular mint. It is also one of the most common, ranking in overall rarity with the 1882-CC, 1890-CC and 1892-CC. It is considerably more rare than the 1891-CC. Although most known specimens are circulated (VF and EF are typical) the 1893-CC is also available in strictly uncirculated condition. However, gem quality mint state pieces are very scarce.
Legend indicated the Hansen coin deserved to be the tied for finest known. I agree. The Legend description stated: We are pleased to have been consigned a exciting piece that is tied for FINEST graded (and deservedly so). We fully agree this coin is a borderline MS65! Tangy surfaces are clean overall. Only when using a strong glass can you find some tiny scattered ticks. Nothing is serious. Hints of faint semi-prooflike mirrors can be seen when the coin is tilted. A full booming luster beams from all over. Both sides are a brilliant deeper yellow gold color. There are NO spots or discolorations. Miss Liberty and the details are fully struck. The eye appeal is fantastic! The current Collectors Universe Value is $30,000 while the PCGS CAC Value is $31,500. This is the only appearance in auction since 2015. Opportunity knocks loud here! Good luck!
The PCGS POP 2/0 coin is a great compliment to the Hansen Half Eagle Collection. The coin realized $31,725 which is high end of legend’s estimate of $28,000 – $30,000. As stated by the description, PCGV was given as $30,000. This coin is a CAC Approved coin, so Hansen is batting 50% for CAC for those of you that CAC matters.
1893-CC Half Eagle MS64+, CAC Approved
Tied for Finest Certified at PCGS, POP 2/0
Certification #38530334, PCGS #8384
PCGV: $30,000 / Realized $31,275
My 20th Century Gold Major Design Type Set ---started : 11/17/1997 ---- completed : 1/21/2004
Kudos to Legend's writers for digging deep into the barrel of adverbs for this one.
The Bearded Goddess
This is a really neat upgrade. It is something about these old, odd half dollars that I have always found fascinating. The D. L. Hansen Collections is no ways close in comparison to some of the collectors that specialize in the Capped Bust series. I personally think the premier collector presently in this field is Dr. Charles Link. The half dollars have been a historic favorite of the variety collectors. The half dollars are up there in popularity with the early (pre-1816) large cents.
The Hansen Collection had a half dollar specimen of this variety, 1807 Bearded Goddess. When I see coins of this type shows up, it demonstrates to me the magnitude and scope of this collection. This is a popular coin for this series. PCGS describes this way: The 1807 Bearded Goddess Half Dollar is a very sought after variety as the so called beard underneath the chin of Miss Liberty is very dramatic and visible to the naked eye. This variety was the result of a die being overused to strike coins resulting in a large die crack in between Liberty's chin, which runs all the way down to the top of the 1 digit in the date. The variety itself is very scare with very few examples known. This variety is unknown in uncirculated grades at PCGS, with the finest example being graded AU55 and none being finer. (Jaime Hernandez)
The Hansen Collection stills need to add four missing coins to complete the Capped Bust Half Dollars with Major Varieties, Circulation Strikes (1807-1839). This 79 piece set is extremely competitive. According to PCGS All-Time Finest registry, there have been only two complete sets in PCGS era. The Hansen collection is current raked fifth, if the present GPA weighed can be maintained with the remaining four additions, then the collection has the possibility to capture the number one spot. We have to wait to see how Mr. Hansen decides to move forward on the series.
1807 Bearded Goddess Half Dollar, AU55
This coin started out as a mystery coin. I could not find much online information, and nowhere do I see the coin appearing in recent auctions. From Dr. Link’s notes and research, he shared: The coin was found by a dealer in Southern California years ago, apparently just walked into the shop. I saw this coin at Eye Appealing Coins at the Long Beach show last year. The coin is an earlier stage 111b with a die crack through the eye that extends to the headband and through the center of the letter I. The Overton book says some later 111b die states have the crack into the cap. This is the third known 111b in AU55. Sheridan Downey found the first and sold it at auction in July 2008 for 42K. Jason Carter found another that I bought graded AU55 CAC in 2015. My prior coin an AU53 CAC sold in November 2018 for 58K. I suspect a fair price around 65K to 70k for this one. The Bearded Goddess is a true collector’s coin. The three AU55s are tied finest knowns. This is a Great addition to his set.
Thank you Chuck, I appreciate you providing your valuable perspective. I agree this is a great addition. We don’t know details on the acquisition of this coin. Hopefully John Brush will be able to pass on some details in the future. The PCGS POP 3/0 coin is a great compliment to the Hansen Capped Bust Major Varieties Collection. PCVG was given as $75,000. It is not indicated the coin has CAC Approval.
1807 50C Bearded Goddess Half Dollar
Tied for Finest Certified at PCGS, POP 3/0
Certification #38396191, PCGS #39357
PCGV: $75,000
Provenance: Found by a Southern California Dealer
My 20th Century Gold Major Design Type Set ---started : 11/17/1997 ---- completed : 1/21/2004
Barber Dimes
If you have been watching for past few weeks, you have seen several updates from the Srotag Collection. GreatCollection Auctions have listed several specimens from this collection. There are only four series in which Srotag pursued and purchased top pops; Liberty Half Eagles and the three Barber sets. We have seen the D. L. Hansen obtaining few upgrades from all the series other than the Barber Half Dollars. As you may recall last year, The Collection purchased half dollars from the Perfection Collection that pushed that series over the top as all-time finest.
In the PCGS registry, The Blay Collection of Barber Dimes dates back to January 2001. This very long standing registry set is approaching twenty years on the registry. The collection established top registry set for the first time in 2002. The top award was short lived as the Law Collection took the honors in 2003, but Blay regained in 2004. For the years 2005-2009, the Law Collection received the top awards. With the Law Collection retiring 11/2009, The Simpson Collection took over the top honors in the registry. It appears that Bob Simpson may have purchased the Law Collection. The Simpson Collection received the top registry honors for five years, 2010-2014. He only upgraded a couple coins during his five year ownership. In 2015 after the Simpson set retired in 12/2014, The Blay Collection regained the top spot and has held on since.
Currently with Blay in the top spot with 67.63, the set is closed to the public viewing, but from bonus points awarded, it appear the set has most of the PCGS top pops. This set shows that long sustaining approach to collecting pays off. Although Blay may be out of reach, it appears the retired #2 Simpson set is within sight of Hansen. These two upgrades have not been added to the Hansen Barber Basic set yet. We have seen by some postings and auction descriptions that the Simpson Set is the benchmark for greatness. With only 0.17 points away, when these two upgrades are added, it will be interesting to see how close the second spot becomes. Also, I am uncertain why, but Hr. Hansen has his best graded 1903 Barber Dime Specimen in his number two set. He could move this MS67 POP 3/0 coin to his top set and not only improve the grade for date, but add one bonus point. I am not sure if this is by designed or just an upgrading error.
1892-S Barber Dime MS66+, Ex: Srotag-Simpson-Law
This ex:Simpson specimen was sold by Legend on 12/18/2014 following the retirement and breakup of the #1 PCGS registry set. This was the Regency X Auction that was held in The Venetian/The Palazzo Room in Las Vegas, NV. This was one of legend’s earlier auctions after the break off from Morphy Auctions. The coin was estimated to bring $22,500 - 27,500. It must have been an disappointment when the coin only realized $15,275. Legend described the coin as: There isn’t a single blemish or line to be found on this stunning piece. A strong luster shows off even, moderate deep blue/purple colors. Miss Liberty and the details are pinpoint sharp in strike and the eye appeal is excellent. Not only is this coin the only MS66+ graded, it is the finest graded by both PCGS and NGC! Legend Numismatics acquired it for the Law Collection for $25,300.00 back in 2005 (Heritage 1/05). Nothing similar has been available since then, not even an MS66! Good luck!
This is a really nice coin, but somewhere along the way, a second PCGS MS66+ specimen was certified that may have screwed with the value of the coin. I do not know how the second MS66+ coin compares to this specimen, but PCGS values the 1892-S at $11,000. In 2014, the coin was valued at $17,000. The new Hansen specimen is certified CAC, so that could make some difference. This coin sold in a GreatCollections Auction on March 15th for $19,687.50. Mr. Hansen was the only bidder and covered the minimum bid on the coin. The auction record for the date is The John C. Hugon Specimen that sold in Heritage’s 2005 (FUN) Signature Ft. Lauderdale, Fla. for $25,300. I believe the Hugon and Simpson coins are the same coin, but not being a specialist, I leave it up to someone like Ron Guth to verify.
The PCGS POP 2/0 coin is a great compliment to the Hansen Barber Collection. The coin realized $19,687.50, PCGV of $11,000. The coin is CAC Approval with an impeccable pedigree.
Colorful, Premium-Gem 1892-S Barber Dime, MS66+ CAC
Tied for Finest Certified at PCGS, POP 2/0
Certification #06666204, PCGS #4798
PCGV: $11000 / Realized $19,687.50
Provenance: Hansen-Srotag-Simpson-Law (possibly Hugon)
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1903-S Barber Dime MS67, Ex: Srotag-Simpson
This ex:Simpson specimen was also sold by Legend on 12/18/2014 following the retirement and breakup of the Simpson registry set. The coin was estimated to bring $17,500 - 20,000. The 1903-S realized $17,037.50 which was much more respectable than the 1892-S. Legend described the coin as: This incredible superb gem passes any and all tests! A full, booming luster shows off absolutely perfect surfaces with a few light, Mint made die polishing lines on the reverse, but nothing else. A phenomenal mix of original green/fiery gold/pale blue colors adorn the surfaces. Miss Liberty and the details are frosty, with razor sharp strikes. The eye appeal is jaw dropping! This coin last sold for $16,100.00 (Heritage 4/09), but certainly it’s worth far more today!
I assume when Legend indicates the coin last sold in Heritage 4/09, they are speaking of this specimen. The 2009 specimen is from the Joseph C. Thomas Collection. The present day coin appears more colorful in the Simpson 2014 sale than the coin that appeared five years earlier in the Thomas sale. Maybe an expect like Ron can confirm or not. PCGS and Coinfacts does not make the linkage. Also, could this be the Wayne S. Rich Specimen that sold in a March 2002 Bowers & Merena sale? Maybe.
By grade, this coin cannot be matched by PCGS certified specimens. PCGS values the 1903-S POP 1/0 coin at $16,000. The new Hansen specimen is CAC Approved. This coin sold in a GreatCollections Auction on March 15th for $22,500. Once again, Mr. Hansen was the only bidder and covered the minimum bid on the coin. The previous auction record for the date was this specimen in the Simpson sale where the coin realized $17,038. The new purchase by Hansen sets a new auction record of $22,500. Will it be recorded that way? It appears the PCGS does not recognize the GreatCollections Auction. I may have read, but do not remember why.
Gem 1892-S Barber Dime, MS67, CAC
Finest Certified at PCGS, POP 1/0
Certification #06666238, PCGS #4832
PCGV: $16,000 / Realized $22,500
Provenance: Hansen-Srotag-Simpson
My 20th Century Gold Major Design Type Set ---started : 11/17/1997 ---- completed : 1/21/2004
As always, great read Currin!
I now realise that Barber dimes can actually look good!
Smitten with DBLCs.
Hey Currin - you can always ask me about Barber Dimes. I know more about them Han Ron Guthrie.
Two Year Anniversary
April 14th, 2018, I made the first post on this thread. We have experience many changes in this collection the past two years. As we end season two, I think we have a lot to look forward to in season three. I cannot show you highlights to come, as you see in a TV series. This collection is not scripted as an entertainment show. Will there be more ultra-rarities coming available? Possibly. Will Mr. Hansen continue to upgrade his collection? Certainly. Will we see the purpose and strategy being placed on building a #2 set? Hopefully. Will we see him expanding into new areas, i.e. patterns? Maybe not. Will I start a new feature? Yes! The only way to know is stay tuned for Season Three!
I thought to do something differently in this posting. First, let’s take a tour down memory lane. According to information from the David Lawrence Rare Coins website: In August of 2016, Mr. Hansen picked up his Dansco album and decided to rejoin the ranks of coin collectors throughout the realm of American numismatics. Quickly, the hobby took hold, and he decided to begin a monumental trek towards duplicating and extending the historic Eliasberg Collection, the most complete collection of U.S. Coins of all-time. The Eliasberg Collection contained coins through 1964; however, Hansen determined that extending his collection to the current day would be even larger and more important challenge.
The next Eliasberg?
It was about five months later before his quest was first noticed. The first thread about Mr. Hansen was started by Gazes, February 8, 2017. It was a simple posting from a mention in an online report. His posting read: In Legend's market report today, she states that a "mega collector out there who loves the idea (and is attempting) to be the next Louis Eliasberg." Does anyone know anything more about who this collector is and his collection? This posting turned out to be quite entertaining. The thread was active for about thirteen months. The posting generated about 350 comments and viewed almost 16,000 times. I call this thread the pre-season to “Hansen watch”. This is a very good read if you were not here from the beginning. Even Mr. Hansen made a couple cameo appearances. In the past three years, I believe he has posted only five times. You will find some notable comments from posters that no longer participate here, for instance, the Analyst and the Specialist. This would be an enjoyable read.
https://forums.collectors.com/discussion/975928/the-next-eliasberg/p1
Maybe I missed it, but who exactly is Mr. Hansen??
As with everything, there will be parody that pokes fun at what is taking placing. I think that's what this thread intended to be. It turned out to be a short lived, but did Poke fun at Mr. Hansen and my Hansen watch thread.
https://forums.collectors.com/discussion/1013519/maybe-i-missed-it-but-who-exactly-is-mr-hansen#latest
D. L. Hansen is already # 4 in the Lincoln Cent Set Registry 1909-1958. And he is NEW
This is one of the early threads posted by a Big Time Collector. I believe his intention was to draw attention to how strong this new guy was coming along.
https://forums.collectors.com/discussion/976621/d-l-hansen-is-already-4-in-the-lincoln-cent-set-registry-1909-1958-and-he-is-new#latest
The impact of the Hansen collection on Numismatics
This was an interesting thread from September 2018. The thread attempted to discuss some consequences of having someone with Mr. Hansen buying power and determination in the hobby.
https://forums.collectors.com/discussion/1004777/the-impact-of-the-hansen-collection-on-numismatics#latest
High end or condition collectors, is the Hansen quest changing your habits?
This is a poll for the collectors that competed directly with Mr. Hansen. Interesting results and comments.
https://forums.collectors.com/discussion/1010481/high-end-or-condition-collectors-is-the-hansen-quest-changing-your-habits#latest
Is Dell Loy Hansen unique in how public his collecting is?
There are many others interesting topics along the way, but I will end with this discussion on Mr. Hansen uniqueness. This thread generated a great amount of discussion. I think this comment from an industry leader sums up the hobby from prespective prior to Mr. Hansen entering the scene. Here is reality. I have several BIG collections I am building. Virtually all are private. Why? There are serious security issues my clients face as well. Keeping a collection private will building it-or even owning it is NOT anyones business. Some people don't brag or want to be in a rat race. Some people collect for their own joy and for their family. Why people here don't get it is a mystery to me. If you would like to learn more, this would be a good read.
https://forums.collectors.com/discussion/1017679/is-dell-loy-hansen-unique-in-how-public-his-collecting-is#latest
My 20th Century Gold Major Design Type Set ---started : 11/17/1997 ---- completed : 1/21/2004
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You got that right. With 20 years of first hand experience, you know more than anyone. Its like a fox and a hound. Hansen is the hound, and does not appear he can catch the fox. Anything you can add would be appreciated. Is most of the top PCGS coin in the top two sets? I think it may be one of two others out there, but I don’t think very many.
My 20th Century Gold Major Design Type Set ---started : 11/17/1997 ---- completed : 1/21/2004
Following this quest has truly been very interesting and highly educational. Looking forward to the road ahead.
Season Three Opener
Major Varieties – Countdown 39
Let’s kick off our third season with a new feature. The timing was just about perfect. I was waiting for 40 coins remaining before starting this countdown. If you have been watching from the beginning, you will recall we started the Quest Countdown at about 40 coins remaining. The Quest is down to 13 after about two years. Will the Major Varieties be whittled down to 12-13 two years from now? No way to know, but we can be hopefully this will become a focus area. It would be fun to watch if Mr. Hansen gets more aggressive with this area of his Great Collection.
The PCGS Registry Set that we will be focusing on is a massive 3260 group of coins. To complete, this set would require the 2821 basic coins plus an additional 439 Major Varieties Coins. With this addition, there are 40 remaining coins in this quest. I have divided the 40 coins in three groups. The Top 10 coins are ultra-rarities which the most common #10 coin has only eight known specimens. The top two coins are unique for known specimens, and both are permanently in the Smithsonian, therefore uncollectable. The other eight is “technically collectable”, but that does not guarantee that Mr. Hansen will have an opportunity purchase all of them. How many of these coins can he collect?
PCGS described the set as: Every classic U.S. coin in Circulation Strike from 1792 through 1964, every date, every Mintmark, every major variety, this set is the ultimate challenge. A collection of this size could take decades to assemble in high grade. As we know, Mr. Hansen has been actively assembling his collection for just over three years now. He has made a lot of progress being he is already in the countdown phase of the collection. He recently added coin #3221 and have only 39 coins remaining.
1842 “Large Letters” Half Eagle, AU55, CAC Approved
This specimen is a major variety in the half eagles. If you look at the remaining 39 coins needed, half eagles represents approx. 50% of them. Expert David Akers commented: For years the 1842 Large Letters has been claimed to be more common than the 1842 Small Letters. However, as the auction records clearly show, this is not the case. The Large Letters variety appears at auction only half as often as the Small Letters variety. In fact, the 1842 large Letters has fewer auction appearances than any other Philadelphia Mint Liberty Head Half Eagle except the 1875. It is an extremely rare coin. I really did not know this coin was as rare as it is stated here. According to PCGS estimates, the survival for this coin is around 47 specimens.
The coin is from the Srotag Collection. We’ve had the pleasure in the past few weeks to see several coins from this collection. Many of the Srotag coins were auctioned by GreatCollections Auctions. The coin was obtained in a February 2nd auction and realized $10,531 with buyer’s fees. We are not given any additional information on the pedigree. PCGS Price Guide Value is only $6,250, so the CAC specimen demanded a premium. Mr. Hansen purchased several half eagles from the Srotag Collection, including 1861-C, 1861-S, 1863, and 1865-S. I may provide additional information in a future posting.
1842 “Large Letters” Half Eagle, AU55
PCGS POP 2/4, CAC Approved
Certification #33428681, PCGS #8206
PCGV: $6,250 / Realized $10,531
Provenance: From Srotag Collection
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The Major Varieties Set is an expansion of the PCGS Basic Set in The D. L. Hansen Collection. To complete, this set would require the 2821 basic coins plus an additional 439 Major Varieties Coins. With this addition, there are 39 remaining coins in this quest. The first two coin as not collectable, so the completion of this set would be 99.94%. PCGS describes this set as: Every classic U.S. coin in Circulation Strike from 1792 through 1964, every date, every Mintmark, every major variety, this set is the ultimate challenge. A collection of this size could take decades to assemble in high grade.
Top 10
1797 Half Eagle "Large Eagle, 15 Stars" (1 Known – Permanently in Smithsonian) Uncollectable
1797 Half Eagle "Large Eagle, 16 Stars" (1 Known – Permanently in Smithsonian) Uncollectable
1861 Double Eagle "Paquet" (2 Known)
1804 Eagle "Plain 4 Proof" (3 Known)
1849-C Gold Dollar "Open Wreath" (4 Known w/ one defective)
1958 Small Cent "Doubled Die Obverse” (3 Known)
1793 Wreath Large Cent "Strawberry Leaf" (4 Known w/ VG Finest Known)
1795 Large Cent "Jefferson, Lettered Edge" (5 Known w/ VF Finest Known)
1810 Half Eagle "Large Date, Small 5" (5 Known w/ AU Finest Known)
1795 Large Cent "Reeded Edge" (8 Known w/ VG Finest Known)
Next 10
1842 Half Dollar "Small Date, Rev of 1839" (Survival est. 10 w/ 1 Mint State)
1804 Quarter Eagle "13 Star Reverse" (Survival est. 11 w/ AU Finest Known)
1831 Half Eagle "Large 5D" (Survival est. 22 all varieties w/ 1 Mint State)
1797 Half Cent "Gripped Edge" (Survival est. 13 w/ VG Finest Known)
1831 Half Eagle "Small 5D" (Survival est. 22 all varieties w/ 3 Mint State)
1853-D Half Eagle "Medium D" (Survival est. 15 w/ AU Finest Known)
1830 Half Eagle "Large 5D" (Survival est. 27 all varieties w/ 5 Mint State)
1830 Half Eagle "Small 5D" (Survival est. 27 all varieties w/ 5 Mint State)
1828 Half Eagle "Normal Date" (Survival est. 14 w/ 5 Mint State)
1793 Chain Large Cent "Periods" (118 PCGS Certified w/ 3 Mint State)
Last 19
1797 Half Eagle "Small Eagle, 15 Stars" (Survival est. 20 w/ 1 Mint State)
1820 Half Eagle "Curl Base 2, Sm Letters" (Survival est. 14 w/ 8 Mint State)
1819 Half Eagle "5D/50" (Survival est. 17 w/ 8 Mint State)
1800 Dollar "Wide Date, Low 8, AMERICAI" (Survival est. 25 w/ AU Finest Known)
1840-D Half Eagle "Small D" (Survival est. 25 w/ AU Finest Known)
1798/7 Eagle "7X6 Stars" (Survival est. 25 w/ 3 Mint State)
1812/1 Half Dollar "Large 8" (Survival est. 35 w/ AU Finest Known)
1795 Large Cent "Jefferson, Plain Edge" (Survival est. 45 w/ VF Finest Known)
1820 Half Eagle "Curl Base 2, Large Letters" (Survival est. 32 w/ 20 Mint State)
1839 Half Dollar "Receeded Edge, Small Letters” (Survival est. 50 w/ 4 Mint State)
1833 Half Eagle "Large Date" (Survival est. 37 w/ 19 Mint State)
1834 Half Eagle "Capped Bust, Plain 4" (Survival est. 37 w/ 19 Mint State)
1798 Quarter Eagle "Wide Date" (Survival est. 50 w/ 8 Mint State)
1798/7 Dime "13 Stars Reverse" (Survival est. 50 w/ 10 Mint State)
1794 Large Cent "Starred Reverse" (Survival est. 60 w/ AU Finest Known)
1807/6 Large Cent "Small 7" (Survival est. 100 w/ AU Finest Known)
1798 Dollar "Large Eagle, Knob 9, 4 Lines" (Survival est. 125 w/ 2 Mint State)
1795 Half Dollar "Small Head" (Survival est. 450 w/ 1 Mint State)
1887/6 Three Cent CN (Survival est. 800 w/ 750 Mint State)
My 20th Century Gold Major Design Type Set ---started : 11/17/1997 ---- completed : 1/21/2004
The 42 LL is a very tough coin. I have owned a few and this is a very nice example.
Latin American Collection
Half Eagle Update (purchases from Srotag Collection)
In the last posting where I kicked off the major varieties countdown, I featured the 1842 “Large Letters” Half Eagle from the Srotag Collection. As mention, this was not the only half eagle that Mr. Hansen purchased from the collection. Without knowing the exact number, I can confirm that he purchased the 1858, 1861-C, 1861-S, 1863, and 1865-S specimens.
I believe the Liberty Head $5 Gold Basic Set, Circulation Strikes (1839-1908) set of 201 coins may be one of Mr. Hansen favorite series. With the addition of the 1854-S specimen a few weeks ago, The Hansen Collection is only current complete set in the registry. Although the Smithsonian National Numismatic Collection does have the ultra-rare 1854-S, the collection is not complete according to the registry. Harry W. Bass Collection had 200 of the 201 specimens, but was missing the 1854-S. By the weighted GPA given in the registry, the Bass set is about a half point better than the Hansen Set. With Hansen’s efforts to improve his set, as we can see with these updates, his GPA should continue to increase.
PCGS describes the set as: There is no other set of coins that features specimens from seven U. S. Mints—Philadelphia, Charlotte, Dahlonega, Carson City, Denver, New Orleans and San Francisco. This long-lived set includes one of the greatest rarities in numismatics, the 1854-S $5 gold piece. How many has PCGS graded? Zero! There are many sets-within-sets in this series, as most collectors focus on the coins from one particular Mint. It’s a long and challenging collection to complete, but it’s a tremendous achievement if you can do it. There are two of the 1854-s now graded by PCGS including the Hansen-Pogue-Eliasberg-Boyd AU58+ POP 1/0 specimen. This coin is the center piece of the set, but the other 200 coins are very complementary. The set has 61 additional coins that are PCGS graded finest or tied for finest; including 31 that are PCGS POP 1/0 certified specimens. There are 39 other coins that are tied for second finest certified by PCGS. Overall, 149 of the 201 coins are tied for condition census top 5 or better. The collection has only two coins (1866-S & 1870-CC) graded F12, and three coins graded between F20 and VF45 (1853-C, 1847-O & 1860-S). All the remaining 196 coins are grades AU50 or better. The top graded coin is the 1908 MS68 (Pop 2/0). There are 58 coins that are shown to be CAC Approve in the comments of the registry. There could be more without indication. This is a great set of coins even if Mr. Hansen decides to stop his upgrading. Do I see that happening? No.
I really do not have a way to know exactly how many half eagles were purchased from the Srotag Collection. I know of six that have appeared in a variety of Hansen’s registry sets. The 1842 “Large Letters” and five below are the six that I am aware of. In my update above, 1863 Pop 2/0 specimen has not been added to the basic set. I am not sure why. The basic set still shows the 1863 $5 AU55 Certification #25294061 that I am pretty sure will be replaced at some point.
1858 $5 MS63 Certification #25657961, PCGS #8276, POP 2/4 (Realized $9,000 w/ buyer’s fees)
1861-C $5 AU58 Certification #33931717, PCGS #8289, POP 8/5 CAC ($28,687.50 w/ buyer’s fees)
1861-S $5 AU53 Certification #25265828, PCGS #8291, POP 6/1 CAC ($24,356.25 w/ buyer’s fees)
1863 $5 MS60 Certification #38591842, PCGS #8294, POP 2/1 CAC ($61,875 w/ buyer’s fees)
1865-S $5 AU55 Certification #33931719, PCGS #8299, POP 4/4 ($10,406.25 w/ buyer’s fees)
1863 Half Eagle PCGS MS60, CAC Approved
I picked the 1863 Half Eagle Upgrade as the focus coin due to rarity. David Akers description: Like the other low mintage Philadelphia Mint Half Eagles of this period, the 1863 is very rare in any condition. Most specimens are in the VF to the EF range and only a few are known as high as AU. I have seen only one strictly uncirculated specimen at auction in more than 20 years. In reality, there are three according to PCGS Condition Census report. If the report is correct, there are two MS60 and one MS61. The MS61 appeared in Legend’s Regency XIX Auction in 2016. The coin realized $58,750. Mr. Hansen paid $61,875 for his coin five years later, and his coin is CAC. In 2016, the Legend coin was not CAC Approve, but could be now. PCGS Price Guide Value is $55,000. Other than from the Srotag Collection, I don’t have any additional information on the coin’s pedigree. According to PCGS estimates, the survival for this coin is around 35 specimens for all grades.
1863 Half Eagle PCGS MS60
PCGS, POP 2/, CAC Approved
Certification #38591842, PCGS #8294
PCGV: $55,000 / Realized $61,875
Provenance: From Srotag Collection
My 20th Century Gold Major Design Type Set ---started : 11/17/1997 ---- completed : 1/21/2004
Nice report. My only comment on the 1863 half eagle is that the CAC census shows the top CAC approved grade as MS-60 (2 stickered). Nothing CAC approved in a higher grade. Nice pick up for the Hansen collection
That coin is attractive for an MS60. I've owned two 1863 $5's in my collecting career and they are so tough to find, along with the 1865.
Latin American Collection
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Being that you mentioned the 1865, I thought I would show Hansen’s specimen. According to David Akers: The 1865 has the fourth lowest mintage of any Liberty Head Half Eagle and the sixth lowest mintage in the entire $5 series. I am not sure when or how this coin was acquired. The picture may not do justice for this coin. The 1863 looks much sexier, even as a grade lower.
1865 Half Eagle PCGS MS61, POP 2/0
Certification #83575016, PCGS #8298
PCPGV: $47,500 / Never appeared in auction
Provenance: Unknown
My 20th Century Gold Major Design Type Set ---started : 11/17/1997 ---- completed : 1/21/2004
Hansen needs to buy the 64-S in P65+ from Jay Parrino
Latin American Collection
Jefferson nickel collectors take note!
This is a comment from a recent auction. It appears to me that Mr. Hansen and his collection of Jefferson Nickels does qualify as something that everyone should take note. I know at times some of you love to throw rocks at some of my comments. This may be one of them. It appears to me that The Hansen Collection of Jefferson Nickels is one of the All-Time Finest sets ever assembled, if not the finest. There are about a twenty active collectors of the Jefferson Nickels with 100% competed sets in the PCGS registry. The massive set requires 183 coins. The Hansen set is about 95% complete for full-step requirement specimens. The Hansen set is first place All-Times with a fairly solid lead. PCGS described the set as: Spanning nearly 80 years, the Basic Set of Jeffersons includes all dates and mints from 1938 to date. While no major rarities are in this set, the mintmarked issues of 1939 are the keys to this set. The full-step requirement ups the financial ante somewhat, with the D and S issues of the late 1930s crossing into four figures in top grade. This remains a very popular and completative set however, and will be a worthy accomplishment when complete.
It should not be a high priority for Mr. Hansen to upgrade this collection of Jefferson Nickels, but we know he does. Just a few weeks ago, I reported on another PCGS POP 1/0 specimen that went into his already #1 All-Times PCGS Registry set. You may remember the 1945-D Jefferson War Nickel, MS68+ FS. That coin was purchased Jan 19, 2020 in a Great Collections Auction. The coin realized $16,312.50 with buyer’s fee. At the time, I commented that I really have an appreciation for the diversity in which Mr. Hansen invests in his collection. Many notable specialists see purchasing a coin like this one as being a complete waste for a collector with D.L. Hansen’s budget. Well, he is doing again. If you have not taken a look at this set of Jefferson Nickels lately, I would encourage you to do so. It is truly an amazing collection for a collector that is not particular specializing in Jefferson Nickels.
https://www.pcgs.com/setregistry/nickels/jefferson-nickels-major-sets/jefferson-nickels-fs-basic-set-circulation-strikes-1938-present/alltimeset/159966
1958 Jefferson Nickel, FS MS66+, POP 1/0
Hansen already had a really nice 1958 Jefferson Nickel MS66FS in his collection that showed up as #2 PCGS Condition Census report. So, Jefferson nickel collectors take note! The D. L. Hansen Collection now has the top pop as well. This specimen has been floating around and available for a while now. The coin appeared in Legend’s Regency 35 Auction back in December 2019. The Legend Auction description: Jefferson nickel collectors take note! Legend Rare Coin Auctions is proud to offer this SINGLE FINEST Full Step 1958 nickel graded by either service! Flashy, brilliant, essentially Prooflike reflective luster radiates strongly on both sides. The devices are sharply struck and stand out against minimally abraded surfaces. High end quality, the eye appeal is enhanced by a touch of clear gold and pale rose over the nickel silver surfaces. The only "comp" to be found is a single MS66 FS that sold three and a half years ago for $8,225. Unpriced in MS66+ FS, we expect this stunning SUPERB GEM to realize a record bid from the top Jefferson Registry Set collector. Good luck! Legend estimated the coin to fetch $8,500 - $9,500. The coin realized $13,512.50. I cannot confirm that Mr. Hansen was an unbidder on the coin in this auction. For whatever the reason, the coin appeared in auction for a second time in just a few months.
As you have seen recently, Mr. Hansen has become a big time customer of GreatCollections Auctions. He obtained the coin in GCA’s Apr 05 sale. The coin was purchased by one bid with no challengers. The coin in this auction realized $12,937.50 with buyer’s fee. The winning bid was $11,500, so it appears the seller took a $2k lost in a matter just a few months. There is no additional information available for this specimen. I doubt this will be the last Jefferson nickel that we see purchased for this great collection.
1958 Jefferson Nickel, FS MS66+, POP 1/0
Finest certified by PCGS
Certification #38464214, PCGS #84063
PCGS Price Guide: $13,500 / Realized: $12,937.50
Ex: Unknown
My 20th Century Gold Major Design Type Set ---started : 11/17/1997 ---- completed : 1/21/2004
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Thanks Ron Guth for providing additional research for this specimen. The coin has ties to the DiBello-Bass Collection. Can not get much better than that.
Gaston DiBello Collection - Stack’s 5/1970:925 - Harry W. Bass, Jr. Collection, Part II - Bowers & Merena 10/1999:1152 (as PCGS AU58), $14,950.00 - Soluna Collection - Heritage 1/2017:5915 (as NGC MS61 956565004), $37,600.00 - D.L. Hansen Collection (as PCGS MS61 83575016)
Credit: Ron Guth at the Numismatic Detective Agency
My 20th Century Gold Major Design Type Set ---started : 11/17/1997 ---- completed : 1/21/2004
I love to see Hansen take over one series after another.
I think the fact that Hansen has bought so many coins from Great Collections is more evidence that he loves coins and enjoys spending time on them. Whether it is proof gold or a jefferson nickel---he seems to have a real passion for anything numismatics.
Most Popular Half Dollar Registry Sets
This is an interesting short lived series. The last discussion on Franklin Half Dollars took place almost a year ago. This has been a difficult series for Mr. Hansen to break into. The Franklin Half Dollar set that I like to reference is the Franklin Half Dollars FBL Basic Set, Circulation Strikes (1948-1963). This 35 piece set has over 500 registry sets. My last posting a year ago, there were 478, and as of today, the number has grown to 504. This is the most popular circulation strike half dollar set in the registry. In comparison, the Walking Liberty has 154, Kennedy Half Dollars (1964-Present) have 130, Barber has 70, Seated Liberty has 34, and finally the Early Half Dollars (1794-1839) have 53. Therefore, the total basic half dollar sets for all years (1794 to Present) is 945. There is more Franklin sets than all the others combined (for this basic circulating state comparison). The situation has created a log jam at the top of the registry for Franklins.
As I indicated last year, I am not sure if I know what make the Franklin series so popular (some hints are given below). It is hard for me to see the beauty in the coin compared to the other half dollar designs. Maybe it is the fact the series lasted only 15 years. I believe the series was cut short by the assassination of our 35th president. PCGS describes the set as: Mintages are irrelevant when gauging the rarity of a Franklin issue in MS 65 or MS 65 FBL (or higher grade). Original BU rolls of Franklin half dollars rarely contain even a single MS 65 coin. Because this series is both challenging and affordable, it has become one of the most popular of all U. S. coins sets to assemble. As this is being written only twenty sets can be put together in MS65FBL, and one set is possible in MS66FBL! Most collectors assemble this set with as many FBL pieces as possible, then fill in the holes with non-FBL specimens until the right coins come along.
In the past year, The D. L. Hansen Franklin Half Dollars FBL Basic Set has move up one spot in the All-Time Finest (All Eras) rankings. The move is up to fourth from fifth, and is now third in the current list of sets. The only remaining retired set that ranks higher than Hansen is the EWP Collection that retired in 2014. The Hansen set is ranked higher than the only PCGS Hall of Fame set in the series, JFS Collection. For current rankings, the top two sets ahead of the Hansen Collection is about as solid as they can be. In this series, Hansen has no PCGS POP 1/0 specimens. This is very uncommon for Mr. Hansen to be completely locked out for having a top coin represented. According to my count, there are only eight PCGS Pop 1/0 specimens in the 35 coin series. The #1 set (Linda Gail) has three of them, 1949, 1950-D, and 1963-D. The #2 set (LOR) has four of them, 1948, 1951-S, 1957, and 1960-D. This leaves one available specimen, 1953-S MS67FBL. This specimen does not appear to be listed in any of the registry sets. The coin has never appeared in auction and does not appear on the PCGS Condition Census Report, so its whereabouts is unknown. On the positive side, 13 of Mr. Hansen’s 35 specimens are tied for finest certified by PCGS, finest being a couple POP 3/0 specimens. So, if my math is correct, there are still approx. 15 coins in his set that can be upgraded. Also, he has a second set that is ranked fifth in registry with five specimens tied for PCGS finest. There is a third completed set ranked #14 that is tribute to “Diana”. With no bonus points being awarded for additional sets, it does not appear mathematically possible for the Hansen Collection to move above third place even with the 15 upgrades that I mentioned.
1956 Half Dollar MS67+ FBL
This coin was acquired a few days ago (April 20th) in Stacks Bowers April 2020 Collectors Choice Online Auction. The coin has been available in the market for a few weeks now. The coin was being offered by Larry Shapiro Rare Coins. Prior to the SBG Auction, LSRC offered the coin through EBay. The coin was described as: This stunning 1956 superb gem Franklin half is bathed in satiny lustrous lavender, electric-blue, and mint-silver radiance with both sides handsomely encircled by a wonderful palette of sunset rainbow colors. PCGS has graded none finer and with this coin in hand; we believe anyone would be hard-pressed to disagree. This 1956 will unquestionably stand out in any registry set! CAC Approved The coin was offered for $13,250. As we know, the coin was taken down when it sold in the SBG Auction.
This is a nice POP 5/0 specimen. I cannot say that I am surprised to see coins are being purchased by Mr. Hansen in an online auction sale, because we have witnessed several coins purchased in the GreatCollections Auctions. I know Mr. Hansen is active in his collecting and purchasing of coins. He enjoys the hunt. He once told me that he uses “The Shop for Coins in This Set” function in the PCGS Registry. The function is linked to the Collectors.com website that claims to compare thousands of collectibles from hundreds of sites at once, and then let you choose the one that is right for you. We help collectors discover and shop for items to complete their collections faster and at the most competitive market prices. Mr. Hansen likes to use this site to find coins that can improve his sets. Auction Coins appear on this site. Gazes recently wrote: I think the fact that Hansen has bought so many coins from Great Collections is more evidence that he loves coins and enjoys spending time on them. Whether it is proof gold or a jefferson nickel---he seems to have a real passion for anything numismatics. I can confirm there is a lot of truth in this statement with the caveat that he loves the hunt. I do not know for 100% certainly, but I have high confidence this 1956 Half Dollar MS67+ FBL is a coin that Dell Loy Hansen found in his searching, bided on, and purchased out of enjoyment in improving a set that is only ranked #4 in the registry.
The coin realized $7,800 in the SBG online sale. I believe to be a great purchased for a coin that was being offer at a price almost twice as much. PCGS Price Guide Value lists the coin at $11,000. In addition, the coin is CAC Approved! I cannot imagine this purchase would be as enjoyable as purchasing the 1854-S Half Eagle a few weeks ago, but I can imagine that Mr. Hansen went to bed Monday night with a smile on his face.
1956 MS67+ FBL Franklin Half Dollar Specimen, CAC Approved
Certification #38130027, PCGS #86671, POP 5/0
PCGS Coin Guide Value: $11,000 / Realized $7,800
My 20th Century Gold Major Design Type Set ---started : 11/17/1997 ---- completed : 1/21/2004
1839 "No Drapery" Half Dollar Upgrade
The 1839 "No Drapery" is the only year represented in Type 1, No Drapery Half Dollars. One year types sometimes form a league of their own because they are highly sought after by type collectors. As you know, The D. L. Hansen Collection is known for its “complete” US issue quest. But think about it, when you assembly a complete collection, a subset will always be a type set. The Hansen Collection has one of only two complete 133-piece U.S. Type Set, Circulation Strikes (1792-1964) in the registry. The top set is the long time collection assembled by High Desert. If I recall, this set was first completed about 10 years ago. The set contains some of the finest known coins representing the 133 distinguish types. The 1839 "No Drapery" Half Dollar is weighted 5.0 in the set, which means the difficulty is somewhere near the middle of the set.
Ron Guth describes the type as: Two types of Half Dollars were issued in 1839: the Capped Bust, Lettered Edge type and this, the Liberty Seated type. The latter design was late coming to the Half Dollar (it first appeared in 1836 on the Gobrecht Dollar, then the Half Dime and Dime, then the Quarter Dollar, and finally, the Half Dollar). The first sub-type, known as No Drapery, refers to the lack of drapery below Liberty's left arm (the viewer's right). This was the original design, as intended, and it wasn't until later in the year that the design was tweaked by adding the eponymous drapery and changing the shape of the rock on the left side of the coin. Later "No Drapery" varieties in 1840 and 1845 were caused when over-polishing of the dies wiped-out the newly-added drapery! This is a one-year year type and the first year of a rather lengthy series, thus it is the subject of great demand.
Presently PCGS POP Report have five graded MS65, with only one (Hansen’s new coin) graded MS65+. Ron Guth adds some additional details on the coin: The 1839 "No Drapery" Half Dollar is named after it's most obvious feature -- the lack of a fold of drapery beneath Liberty's left arm (the one on the viewer's right). Later in the year, the obverse design was modified, not only by adding the drapery, but by changing the shape of the rock on which Liberty sits, and by altering the folds in her gown. According to the PCGS Population Report (as of June 2011), the 1839 No Drapery Half Dollar is slighly more scarce than the 1839 With Drapery Half Dollar, not only in all grades, but in Mint State, as well. The most frequently-seen Mint State grade is MS-63 (11 graded). The 1839 No Drapery Half Dollar becomes very scarce in MS-64 and authentically rare in MS-65 (3 graded). None have been graded finer.
1839 Seated Liberty, No Drapery MS65+
This coin was first seen a few months ago in Stack's Bowers November 2019 Baltimore U.S. Coins Auction. The coin was listed as 1839 Liberty Seated Half Dollar, No Drapery. WB-2, Rarity-3, CAC, NGC graded MS-64 in an old holder. NGC Price Guide Value the coin for $47,000. The coin was from The E. Horatio Morgan Collection. This collection had several legendary coins including 1884 and 1885 Trade Dollars. One article described the collections as: Assembled primarily in the late 1980s and early ’90s, the E. Horatio Morgan Collection showcases an impressive array of rarities, with a focus on dimes, early half dollars, pattern coinage, and select world-class rarities. Highlighting this offering is the Dr. Jerry Buss specimen of the 1894-S dime, which has only recently been certified for the first time as Branch Mint Proof-63 (PCGS) CAC. Also featured is a Gem 1876-CC twenty-cent piece that was last offered in our 400 Sale of January 1988, and which has been recently graded MS-65 (PCGS). We know that Mr. Hansen’s laser focus was on the 1894-S dime. As you can see with all these great coins, the 1839 Seated Liberty, No Drapery could easily be overlooked. Or was it overlooked?
The coin sold in the November 2019 Stack Bower Auction for $75,000. The coin was described as: Rare and exceptionally beautiful near-Gem preservation for this significant one year design type produced at the inception of the Liberty Seated half dollar series. Highly lustrous with a lively frosty texture, both sides are further adorned with splashes of vivid cobalt blue, pinkish-apricot and silver-lilac iridescence. Fully struck over all features save for a few of the obverse stars, this predominantly smooth and visually appealing coin would do justice to an advanced type set or specialized Liberty Seated half dollar collection. Since the auction, this coin has arisen to the top of the PCGS registry. By grade, the coin has surpassed all other examples except for the Joseph C. Thomas Collection specimen that is graded MS67 by NGC.
Heritage comment: The coin offered here is a Plus-graded Gem, with sharply detailed design elements in most areas and just a trace of softness on some star centers on the left. The impeccably preserved surfaces are enhanced by vivid highlights of cerulean-blue, magenta, and apricot-gold toning. Vibrant mint luster shines through the patina, adding to the terrific eye appeal. This coin should find a home in the finest collection or Registry Set. The coin realized $150,000 in Heritage Auction’s April 23, 2020 Central States US Coins Signature Sale. The price realized is not an auction record.
The Hansen Collection already had an amazing 1839 Seated Liberty, No Drapery specimen that was picked up last year in a group of coins purchased from Oliver Jung. The coins were offered after the #1 Type Set was broken up. The coin I believe at the time of purchase was tied for PCGS finest and also carries the Pogue Pedigree. I not sure of the future of the coin, but I hope it will remain in the collection in the Hansen’s #2 set. I personally like the strike of the MS65+ coin better. Presently, Hansen has two very nice examples of this one year type.
Hansen #1 - 1839 50C No Drapery, WB-101, Die Pair 2
1839 Seated Liberty, No Drapery MS65+, PCGS POP 1/0
Finest Certified at PCGS, Ex: E. Horatio Morgan
Certification #38681270, PCGS #6230
PCGS Coin Guide Value: unknown / Realized: $150,000
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Hansen #2 - 1839 Liberty Seated Half Dollar. No Drapery, WB-1
1839 Seated Liberty, No Drapery MS65, PCGS POP 4/1, CAC Approved
Tied for 2nd Finest PCGS, Ex: Brett Pogue
Certification #32916369, PCGS #6230 (572000)
PCGS Coin Guide Value: $175,000 / Realized: unknown
Are there any experts on Seated Liberty Half Dollars? I am wondering if both of these coins are the same die variety. For the 1839, the registry indicates there are four different Wiley Bugert 1839 No Drapery Varieties. For the MS65+, it is listed as WB-101, Die Pair 2. Is that different than the Pogue WB-1?
My 20th Century Gold Major Design Type Set ---started : 11/17/1997 ---- completed : 1/21/2004
I like his 65 better than the + graded coin. This is of course based on the Truviews. He will probably keep both which is awesome for him.
One of these coins is not like the other...is not like the other at all.
I prefer the reverse strike of the Morgan to the Pogue.
End Systemic Elitism - It Takes All Of Us
While I haven’t seen either in hand, the Pogue coin seems like the nicer coin.
Latin American Collection
The Trueview makes the Morgan coin look like it’s circulated - particularly the right obverse field.
Like Boosibri said...haven’t seen it in hand though.
I prefer the 65+. I feel like Currin is making an understatement in saying he prefers the strike. The rims are so much stronger and the shield on the eagle is so much better defined. How does it compare to proofs? It's getting there. For me that difference outweighs and preferences about luster/toning.
IG: DeCourcyCoinsEbay: neilrobertson
"Numismatic categorizations, if left unconstrained, will increase spontaneously over time." -me
I agree that the 65+ has a better strike. When you blow up the trueviews on CoinFacts the surfaces of the 65 are far superior to the + coin. IMO.
I wonder which coin Mr. Hansen likes better?
Has Mr. Hansen obtained any new Lincoln Cents and is not putting them in his Set Registries ?
Curious also, especially the 1921.
My 1866 Philly Mint Set
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I agree 100%. This discussion clearly demonstrates there are differences in preferences. Some people favor Fords and others like Chevs. I wrote this in a posting on this site in 2003: I have a couple of friends that love “tone coins” more than mint white. Not me! I have “never” seen a tone coin that I liked. I received some interesting replies. I would say over the past 17 years, I have warmed up somewhat to nicely tone coins, but they are not my preference over all else. I would agree that the Pogue-Jung Specimen has a better and more “consistence” toning. So, if your primary preference in a coin is appeal, especially toning appeal, then I can understand why you would favor the Pogue-Jung coin.
In the late 1990s, I read an article entitled “Assembling the Ideal 20-Century Type Set” authored by David W. Lange. I have not read the article in the last 10 years or so, but if I recall the he suggested to place emphases on the coin strike. The coin strike was more important than the grade. At that time, and still do, I bought unto the concept. As everyone knows in the TPG era, grade is the driver, and Miss CAC is setting in the passenger seat. I am not sure the criteria of CAC Approval, but does the coin’s appearance play a part? I can not believe strike is a big factor. If so, I can not see how the Pogue-Jung coin was CAC Approved. Just asking.
So, my preference when judging a Ford and a Chev side by side, I most of the time I will lean to the best strike (best car manufacture). I pulled the reverse side photos for both coins from their last auctions. The strike of the left side of the eagle looks much weaker on Pogue-Jung coin (also look at the arrow feathers). That is where I made my decision because the strike of the Horatio Morgan specimen I think is no question in my mind... better. From appealing and toning, I would agree that I like Pogue-Jung, but if I had to choose one. The Horatio Morgan specimen would the coin that I would rather have in my collection.
Strong Eagle Strike
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Weak Eagle Strike
My 20th Century Gold Major Design Type Set ---started : 11/17/1997 ---- completed : 1/21/2004
Strike is 5% or less of a grade. One of those coins is completely original, pristine and worthy of the grade. The other...not so much.
Half Eagle Upgrade
We have recently witnessed several half eagle upgrades in the D. L. Hansen Collection. The 1839 issue is the first coin in the 201 coin basic Liberty Head Circulation Strikes Half Eagle set. With the recent purchase of the 1854-S half eagle, the D. L. Hansen set moves onto top spot ahead of Harry W. Bass Collection. As most know, the 1854-S half eagle was the hole in the Bass Collection. Most of the Bass coins were graded by PCGS (all but three) and the weighted GPA at this point in time is about a half of a point higher than the Hansen Collection. So, this upgrade is one of many that will be needed to move the collection up to the finest graded set. The Eliasberg and Smithsonian sets are complete, but several of the Philadelphia mint issues were represented by proof examples. There have been other historic complete collections of Liberty Head Circulation Strikes Half Eagles. I am pretty confident the Josiah Lilly Collection was completed. Some other sets may be completed collections assembled by Green, Norweb and Boyd. It would take some research to determine the all known (recorded) completed Liberty Head Half Eagle sets but I feel the number to be fairly low. Ten to twelve sets, but this range seem a little high to me. Is this Hansen Collection the only present day private owned completed set? I am not certain, but I think so. There could be only one other set due to the rarity of the 1854-S half eagle.
PCGS describes the 201-piece set as: There is no other set of coins that features specimens from seven U. S. Mints—Philadelphia, Charlotte, Dahlonega, Carson City, Denver, New Orleans and San Francisco. This long-lived set includes one of the greatest rarities in numismatics, the 1854-S $5 gold piece. How many has PCGS graded? Zero! There are many sets-within-sets in this series, as most collectors focus on the coins from one particular Mint. It’s a long and challenging collection to complete, but it’s a tremendous achievement if you can do it. The description is a little out dated because now PCGS has graded two coins with the third known uncertified coin given by the Josiah Lilly estate to the Smithsonian Institution.
1839 Liberty Half Eagle, MS64, First Year of the Design
This is the second coin that was purchased at Heritage’s April 2020 Central States US Coins Signature Auction. Over the weekend, we saw the 1839 No Drapery Half Dollar. This new gold addition is also a first year of the design. David Akers comments: This is the first year of the new type design by Christian Gobrecht. Although not especially rare in lower grades, it is nevertheless much more rare in all grades than any of the Philadelphia Mint coins of the previous type except the 1834 Crosslet 4. High grade specimens, i.e. coins grading AU or Unc., are very rare and choice mint state pieces are virtually unobtainable. By a substantial margin, the finest 1839 I have ever seen was the superb gem Dean Mathey specimen that was sold in the 1973 NASC Sale for a then remarkable $2250. I have omitted any listing for the so-called "1839/8" Half Eagle because in my opinion, there is no such thing. All 1839 Half Eagles have the same raised dot on the neck near the lowest hair curl and I have never seen a convincing example of a legitimate overdate. (The existence of such an overdate is also illogical since there is no other example after the very earliest days of the U.S. Mint where a new, supposedly improved design began life as an overdate. It seems improbable to me that the dies would have been prepared in 1838 for a brand new design and then repunched with a new date before use. Certainly overdates abound in the early days of U.S. coinage but they are decidedly uncommon after the 1820's and with just one exception (the 1796/5 Half Dime) overdates always exist within the same type and never in the first year of a new design.) The head of Liberty on this and the other issues of 1839 is distinctly different from the head on coins dated 1840 and later. The difference is sufficient that the 1839 should be considered a one year only type coin.
The new Hansen 1839 Half Eagle replaces a very nice MS63+, Certification #81788183. As you have seen recently, Mr. Hansen not only replaces lower grade coins, but he also routinely replaces Condition Census coins as we have witnessed in the last two updates. The new specimen was recently listed on Park Avenue Numismatics website. The coin was listed for $56,700. I have not been able to make a pedigree connection to the coin. Heritage described the coin as: This piece is sharply struck and exhibits brilliant light yellow luster with satin surfaces. Scattered marks are expected at the MS64 grade level. For those collectors interested in die variations, stars 6 and 7 are recut, as on both of the other MS64 PCGS examples. The coin realized $50,400. PCGS Price Guide Value sets the worth of the coin at $60,000. The coin is not CAC Approved. Would the same coin realize $70,000, if stickered? You be the judge whether it would or not. This is another nice addition to The Top Pocket Collection and moves a PCGS Condition Census Top 5 coin into the number 2 set. At least until a better coin comes along.
Hansen #1 - 1839 Liberty Half Eagle
1839 Half Eagle, MS64, First Year of the Design
Tied for Finest PCGS, POP 3/0
Certification #38519558, PCGS #8191
PCGS Coin Guide Value: $60,000 / Realized: $50,400
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Hansen #2 - 1839 Liberty Half Eagle
1839 Half Eagle, MS63+, First Year of the Design
PCGS Condition Census Top 5, POP 1/3
Certification #81788183, PCGS #8191
PCGS Coin Guide Value: $34,500 / Realized: unknown
My 20th Century Gold Major Design Type Set ---started : 11/17/1997 ---- completed : 1/21/2004
Ill take a stab at your question what a MS64 for this coin would be valued at if it was CAC. First, CAC on 19th century gold brings a premium so we know it would bring more than the 50,000 Hansen paid for his coin. Second, CAC has only stickered one 64 (and none higher) and that appears to be the NGC 64 auctioned in 4/15 for $54,050. Keep in mind the NGC coin sold 5 years ago and since then still it is the only CAC coin at 64. That might change but i would say it is unlikely. The CAC price guide lists the value at $65,300. That seems like a pretty good estimate to me---a top pop tied with a few others and the sole CAC coin----should bring a 15% premium over the $50,000 coin. If the NGC coin crossed over to PCGS----i think it is a $70,000 coin.
I can't speak to if this is true or not from a technical grading perspective. I will take your word for it.
However, comparing the two strikes of these coins, and clearly the 65+ is clearly miles better.
All of that being said, I think the 65 has much better eye appeal than the 65+, and I am concerned about the obverse of the 65+.
I think Hansen is better served with the 65 remaining in his set for the time being.
The 1839 half dollars above is an example of a situation I would be a bit annoyed with if condition census for everything was my goal. I just don't particularly like either of those coins. I'd rather find a lower graded one but of course that's not Hansen's goal for most coins so he has to go after what's available.
The obverse really concerns me. A distinct lack of luster on the right-hand side of the obverse, some noticeable rub on the breasts, and some apparent carbon spots.
The surfaces do not appear gem quality. There’s a gouge in the arm but the general choppiness under magnification is more concerning