@gschwernk said:
I am beginning to concentrate on my $20 Liberty Collection. Competing with Hanson is impossible. I have to be content with being #2. I do have an outside chance of completing someday. I will need to find 1854-O , 1856-O, 1870 CC in a grade that I can afford.
Being #2 would still be quite an accomplishment. Good luck!
@gschwernk said:
I am beginning to concentrate on my $20 Liberty Collection. Competing with Hanson is impossible. I have to be content with being #2. I do have an outside chance of completing someday. I will need to find 1854-O , 1856-O, 1870 CC in a grade that I can afford.
Another way to look at it is like this---either Hansen never sells or sells some point. If he never sells, your #2 collection is the #1 best collection that is available (outside of museums and Hansen). If Hansen does sell it will give you a chance to cherry pick the coins you need to improve.
@gschwernk said:
I am beginning to concentrate on my $20 Liberty Collection. Competing with Hanson is impossible. I have to be content with being #2. I do have an outside chance of completing someday. I will need to find 1854-O , 1856-O, 1870 CC in a grade that I can afford.
Another way to look at it is like this---either Hansen never sells or sells some point. If he never sells, your #2 collection is the #1 best collection that is available (outside of museums and Hansen). If Hansen does sell it will give you a chance to cherry pick the coins you need to improve.
I think the thought is nice, but that's a strange way to look at it for me. Taking that to the logical conclusion, if someone had the #5 set, it could be said that the set is the #1 best collection available (outside of museums and the top 4 private collections).
@gschwernk said:
I am beginning to concentrate on my $20 Liberty Collection. Competing with Hanson is impossible. I have to be content with being #2. I do have an outside chance of completing someday. I will need to find 1854-O , 1856-O, 1870 CC in a grade that I can afford.
Another way to look at it is like this---either Hansen never sells or sells some point. If he never sells, your #2 collection is the #1 best collection that is available (outside of museums and Hansen). If Hansen does sell it will give you a chance to cherry pick the coins you need to improve.
I think the thought is nice, but that's a strange way to look at it for me. Taking that to the logical conclusion, if someone had the #5 set, it could be said that the set is the #1 best collection available (outside of museums and the top 4 private collections).
I think the difference is if Hansen is the only set in front of you your only talking about 1 collection (yes my example loses meaning the more collections ranked ahead of you). Further, the Hansen collection is of museum quality (actually better). It is also very transparent and well known so if your collection is #2 to Hansen then anyone can compare the two. This cant be done to unknown private collections. Further, we really dont know what will happen long term to Hansen's collection so if I had the #2 set I would have no problem with describing it as the best collection outside of the Hansen collection. The unspoken understanding is this was the best set available to be built and if you are selling it is the best set available unless Hansen sells.
@gschwernk said:
I am beginning to concentrate on my $20 Liberty Collection. Competing with Hanson is impossible. I have to be content with being #2. I do have an outside chance of completing someday. I will need to find 1854-O , 1856-O, 1870 CC in a grade that I can afford.
Another way to look at it is like this---either Hansen never sells or sells some point. If he never sells, your #2 collection is the #1 best collection that is available (outside of museums and Hansen). If Hansen does sell it will give you a chance to cherry pick the coins you need to improve.
I think the thought is nice, but that's a strange way to look at it for me. Taking that to the logical conclusion, if someone had the #5 set, it could be said that the set is the #1 best collection available (outside of museums and the top 4 private collections).
I think the difference is if Hansen is the only set in front of you your only talking about 1 collection (yes my example loses meaning the more collections ranked ahead of you). Further, the Hansen collection is of museum quality (actually better). It is also very transparent and well known so if your collection is #2 to Hansen then anyone can compare the two. This cant be done to unknown private collections. Further, we really dont know what will happen long term to Hansen's collection so if I had the #2 set I would have no problem with describing it as the best collection outside of the Hansen collection. The unspoken understanding is this was the best set available to be built and if you are selling it is the best set available unless Hansen sells.
Dell Loy's effect on collecting cannot be overstated. I even recall Laura having a post saying it's okay to be #2 behind Hansen to help drive collector interest.
@gschwernk said:
I am beginning to concentrate on my $20 Liberty Collection. Competing with Hanson is impossible. I have to be content with being #2. I do have an outside chance of completing someday. I will need to find 1854-O , 1856-O, 1870 CC in a grade that I can afford.
Another way to look at it is like this---either Hansen never sells or sells some point. If he never sells, your #2 collection is the #1 best collection that is available (outside of museums and Hansen). If Hansen does sell it will give you a chance to cherry pick the coins you need to improve.
It's interesting to note that in some cases, being #1 outside of Hansen may mean having the #4 ranked set.
Given how outsized of an impact Dell Loy has had and how many collectors want to be #1, should being the #1 best collection that is available (outside of museums and Hansen) be formalized? Perhaps PCGS can help by putting Dell Loy into a different category so other collectors could be #1?
@Zoins said:
Given how outsized of an impact Dell Loy has had and how many collectors want to be #1, should being the #1 best collection that is available (outside of museums and Hansen) be formalized? Perhaps PCGS can help by putting Dell Loy into a different category so other collectors could be #1?
I would rather that PCGS didn’t do that. It seems bad to change the rules just because we feel we can’t win. Instead I would encourage people to collect in ways that satisfies them without changing the rules.
@gschwernk said:
I am beginning to concentrate on my $20 Liberty Collection. Competing with Hanson is impossible. I have to be content with being #2. I do have an outside chance of completing someday. I will need to find 1854-O , 1856-O, 1870 CC in a grade that I can afford.
.
.
You have a great set already. You don’t have to compete with Mr. Hansen. Just doing the work day in and day out to complete the set would be an amazing accomplishment. I really hope you can complete it. I don’t know how many collections in history that have completed the entire circulating strike set. The registry gives credit to only three, Hansen, Bass, and Eliasberg. Actually Eliasberg did not achieve what you are working on because he had a mixture of proofs, but the registry gives him credit. Other famous historic collectors like Atwater had a mixture.
If you can keep your goal alive, you will make a historic accomplishment that only a few have done. PCGS describes the set as: A complete set is one of the greatest challenges in all of numismatics! So true. It would be a life achievement to make this leaderboard. This is the big show. I think you have a good chance to knock off Eliasberg. He should not be there anyway due to his set not being pure. The top four would be extremely difficult. What an exciting goal to have.
The achievement you made to this point is remarkable. I notice you just listed the set in the Registry. How long have you worked on it? I will add a link so others can see what you done and where you are. What AWA accomplished required more than twenty years of constant work and then his work was purchased by Hansen, I don’t think can ever be duplicated. I agree with what been said here, the #2 current set is like being the #1 set after AWA/Hansen! In fact, the Registry now recognizes the #2 set after a long established top set.
Thanks Currin. I recently returned to collecting after a 15 year absence. I've been working on this set for about 2 years. I finished most of the easy dates. Now its mostly a question of finding the coins I need and generating the funds to pay for them. I do have a number of other collections going. Most important for me are type sets in everyman where my set is #1 and the regular circulated type set. I also like to buy in the 100 greatest coin set when I find a coin I can afford. BTW, I think your work on the Hanson collection is great. Your knowlege of history is extensive. I read all of your posts. Thanks again.
That is quite an accomplishment in the time frame you have done it. Your set shines a light on the scarcity of the O mints!
@gschwernk said:
Thanks Currin. I recently returned to collecting after a 15 year absence. I've been working on this set for about 2 years. I finished most of the easy dates. Now its mostly a question of finding the coins I need and generating the funds to pay for them. I do have a number of other collections going. Most important for me are type sets in everyman where my set is #1 and the regular circulated type set. I also like to buy in the 100 greatest coin set when I find a coin I can afford. BTW, I think your work on the Hanson collection is great. Your knowlege of history is extensive. I read all of your posts. Thanks again.
@Perfection said:
Beautiful coins but we need to see which are CAC. Not sure why he has not started a CAC set.
These additional 2 Cent pieces haven't been to CAC. We'd love to get the whole collection reviewed by CAC one day, but there are a few logistical issues therein...
John Brush President of David Lawrence Rare Coins www.davidlawrence.com email: John@davidlawrence.com 2022 ANA Dealer of the Year, Past Chair of NCBA (formerly ICTA), PNG Treasurer, Instructor at Witter Coin University, former Instructor/YN Chaperone ANA Summer Seminar, Coin World Most Influential, Curator of the D.L. Hansen Collection
@Perfection said:
Beautiful coins but we need to see which are CAC. We'd love to get the whole collection reviewed by CAC one day, but there are a few logistical issues therein...
Probably better to have JA come to you rather than shipping it all back and forth.
@1tommy said:
First time poster. I have read this thread since the beginning and have enjoyed it. I recently saw the sale of this Top Pop Variety that he purchased this past week from the Legend Auction. Has to be the highest price paid for this Variety. 1943 S DDO 101 Washington Quarter.
I find it interesting that this coin was put into his Major Variety Set and i am curious about his set with ALL the Varieties that is closed. He has not added this coin to that set and I was wondering if he is going to chase all the Varieties in the Washington Quarter Series? I also noticed that in the Major Variety set he is number 1 and yet he has another set that is number 4? Why?
Surely he must understand that there are those of us out there that have spent 10 or more years building our sets on the budget we have. I am very proud of my number 3 set and have to wonder why he would take up more than 1 slot in each set composite? Let us little guys have fun too. This is the link to the 185 coin Variety set and Mr Hanson is in 11th Place and notice the set is closed.
Being a Variety guy I think its going to be a hard set for him to complete but would love to watch any progress he might have. Is he number 1 in any of the Full Variety sets in any of the other series? Does he bid on the coins he purchases or does David do that? Love the thread and wish him luck and just a reminder there are other collectors who enjoy playing the registry game without being number 1......
Enjoy Tom
Tom,
I don't want to speak for Mr. Hansen, but I believe I can give a few helpful insights into your inquiries.
As for the All Varieties Collections: we've discussed these on multiple series. We'd love to fill in all of those holes, but that's a challenge in and of itself. It's a casual passion and one we'll work on slowly outside of the scope of the major collection.
Why is the #4 set in existence: Typically the sets that are not number 1 sets are from coins that were previously in the number 1 set. The goal in the long term is to build a few of these for family members who are interested in the hobby and to sell the duplicate sets down the road. The duplicate sets are also used as an inventory management tool. It's not easy organizing everything in the collection...
Yes, you should be proud of your set! That's an amazing accomplishment. The duplicate sets won't always exist, but we'll certainly discuss your question on our next visit.
Variety Sets: Mr. Hansen absolutely loves the thrill of the hunt. There's a lot of work that we do together on all of the sets, but Mr. Hansen definitely enjoys the process as well and I wouldn't ever want to take that enjoyment away from him. After all, it is a hobby.
John Brush President of David Lawrence Rare Coins www.davidlawrence.com email: John@davidlawrence.com 2022 ANA Dealer of the Year, Past Chair of NCBA (formerly ICTA), PNG Treasurer, Instructor at Witter Coin University, former Instructor/YN Chaperone ANA Summer Seminar, Coin World Most Influential, Curator of the D.L. Hansen Collection
@Perfection said:
Beautiful coins but we need to see which are CAC. We'd love to get the whole collection reviewed by CAC one day, but there are a few logistical issues therein...
Probably better to have JA come to you rather than shipping it all back and forth.
Part of CAC's consistency is that they aren't able to replicate their grading room outside of their offices. I'm sure that this is why they've only done one outside grading event in their history. Unfortunately they have mentioned that they would never grade at a show again. So, you're right, but that brings about another problem...but we hope to get it done someday!
John Brush President of David Lawrence Rare Coins www.davidlawrence.com email: John@davidlawrence.com 2022 ANA Dealer of the Year, Past Chair of NCBA (formerly ICTA), PNG Treasurer, Instructor at Witter Coin University, former Instructor/YN Chaperone ANA Summer Seminar, Coin World Most Influential, Curator of the D.L. Hansen Collection
@Perfection said:
Beautiful coins but we need to see which are CAC. We'd love to get the whole collection reviewed by CAC one day, but there are a few logistical issues therein...
Probably better to have JA come to you rather than shipping it all back and forth.
That doesn’t sound like something that CAC would do.
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
That doesn’t sound like something that CAC would do.
Ding, ding, ding!
John Brush President of David Lawrence Rare Coins www.davidlawrence.com email: John@davidlawrence.com 2022 ANA Dealer of the Year, Past Chair of NCBA (formerly ICTA), PNG Treasurer, Instructor at Witter Coin University, former Instructor/YN Chaperone ANA Summer Seminar, Coin World Most Influential, Curator of the D.L. Hansen Collection
Well, it was a thought. Don't know the exact number of coins in the Hansen Collection ( does anybody ) but having followed the thread by Currin ( which I appreciate ) and viewed the majority of Mr. Hansen's registry sets I can understand the logistical nightmare of moving his collection back and forth to CAC. A few Brinks trucks with armed escorts maybe ? That also begs the question " how long would it take for JA to complete that monumental task ? "
That doesn’t sound like something that CAC would do.
Ding, ding, ding!
Ah, but what if you exactly replicated that grading room. Might be easier and cheaper.
And, you could invite PCGS, as well. For all the coins that don't CAC, PCGS could be asked to downgrade them so they could CAC at the lower grade. Makes no sense to me but that seems to be the direction...
That doesn’t sound like something that CAC would do.
Ding, ding, ding!
Ah, but what if you exactly replicated that grading room. Might be easier and cheaper.
And, you could invite PCGS, as well. For all the coins that don't CAC, PCGS could be asked to downgrade them so they could CAC at the lower grade. Makes no sense to me but that seems to be the direction...
Never gonna happen. It’s one thing to downgrade cross a coin, quite another to downgrade a Pcgs coin.
That doesn’t sound like something that CAC would do.
Ding, ding, ding!
Ah, but what if you exactly replicated that grading room. Might be easier and cheaper.
And, you could invite PCGS, as well. For all the coins that don't CAC, PCGS could be asked to downgrade them so they could CAC at the lower grade. Makes no sense to me but that seems to be the direction...
Agree this isn't likely to happen as this is basically telling PCGS they are wrong and CAC is right.
Then again, I can't be 100% sure because PCGS does have a CAC-only Set Registry and presumably they want coins competing in it. I bet many never saw this coming.
My comment was tongue-in-cheek. The point is that the clamour for CAC sometimes takes on a life of its own. Do you doubt that some prefer a 66 CAC to a 67 no-CAC?
@Aotearoa said:
My comment was tongue-in-cheek. The point is that the clamour for CAC sometimes takes on a life of its own. Do you doubt that some prefer a 66 CAC to a 67 no-CAC?
Sometimes a CAC coin can sell for much more than a non-CAC coin a point higher.
The PCGS CAC-only Registry Set now exists too but it came after the above.
Dell Loy also has a number of CAC-only Registry Sets. Here's one:
Yes, of course. My point is simply that I don’t understand why a representative “B” coin (as evidenced by a green bean) is seemingly often valued more highly than a representative “C” coin at the next higher grade.
This isn’t a CAC thread (we have enough of those) so I’ll stop now.
@Aotearoa said:
Yes, of course. My point is simply that I don’t understand why a representative “B” coin (as evidenced by a green bean) is seemingly often valued more highly than a representative “C” coin at the next higher grade.
CAC isn’t only about numerical grade. It’s also about different levels of market acceptable processing. It appears some coins, like gold, can be processed and receive a straight grade but not CAC. If this type of processing is undesirable, CAC can be used as a filter, regardless of grade.
@Aotearoa said:
Yes, of course. My point is simply that I don’t understand why a representative “B” coin (as evidenced by a green bean) is seemingly often valued more highly than a representative “C” coin at the next higher grade.
CAC isn’t only about numerical grade. It’s also about different levels of market acceptable processing. It appears some coins, like gold, can be processed and receive a straight grade but not CAC. If this type of processing is undesirable, CAC can be used as a filter, regardless of grade.
Sheesh. Which is why my original comment was made within the context of Dell's collection and I used very high grades in my example (not coins likely to have been "processed"). Feel free to continue to wilfully miss my point but I really am done now...
@Aotearoa said:
Yes, of course. My point is simply that I don’t understand why a representative “B” coin (as evidenced by a green bean) is seemingly often valued more highly than a representative “C” coin at the next higher grade.
CAC isn’t only about numerical grade. It’s also about different levels of market acceptable processing. It appears some coins, like gold, can be processed and receive a straight grade but not CAC. If this type of processing is undesirable, CAC can be used as a filter, regardless of grade.
Sheesh. Which is why my original comment was made within the context of Dell's collection and I used very high grades in my example (not coins likely to have been "processed"). Feel free to continue to wilfully miss my point but I really am done now...
Once a brand is established for one thing, it's easy for it to be applied for other things. It's a lot easier to think of PCGS+CAC being more desirable than PCGS-only for all coins, vs. some coins and having to sort out which coins it applies to and which ones it doesn't. If someone can sort it out oneself, that person may not need CAC to begin with. Laura also shaped the market by publishing numerous articles on buying PCGS+CAC only. PCGS adding a PCGS+CAC Registry Set compounds the general perspective and desirability of PCGS+CAC. Hansen and others are participating in multiple PCGS+CAC Registry Sets is the final step of desirability.
BTW, I don't expect you to respond since you said you're done. I replied because this is a public forum for all to read, not just the 2 of us.
Cac coins are typically one grade higher than non. This is pretty much a fact, Look at the prices realized. Look at Saints, ex 66 Saints, Case closed. Regardless you cannot in good conscious compare a cac set to a non. Apples and oranges. Also Cac pops are not correct making Cac coins worth even more. Hundreds if not thousands are cracked and upgraded.
Buy. the coin and not the holder is hogwash, The majority of people cannot grade, dealers included. Nor should people have to. We should be able to rely on the grading services.
Exception is eye appeal which for most coins is a must. Why buy coins with little to no eye appeaL? No idea, unless it is quite rare.
Ngc is usually at least 1.5 grades lower. Look at the prices for proof.
It's a chess game and we all play it.
Why does Laura not want Ngc/cac! Because the market does not value them like Pcgs. Cac grades the same. Just how it is.
Downgrade Pcgs! Sure not hard. Crack the coin and sooner or later it downgrades.
The following is a list of Hansen Registry Set Award mentions for Top Classic Sets. It shows where Hansen is on top and where's close behind. It's really interesting reading the commentary on these for both where he won and where he didn't. This presented in order of the PCGS announcement. Great accomplishments by everyone.
Gold is awarded to honor sets that are the best in their category and have been selected by our judging committee to be recognized for outstanding set building. The completeness and quality of each of these sets deserves recognition. Many of these sets have won in the past and some are new recipients of the gold award. Each of the following sets are truly impressive and worthy of the prestige of the gold award.
TOP CLASSIC SETS 1794-1964
High Desert - Silver Type Set (1792-1964)
A gorgeous set of silver coins, this cabinet has been ranked Current Finest and All-Time Finest and was Best of Registry from 2012 through 2019. It is 100% complete with 68 coins and features a 66.42 rating out of a possible 67.77 For comparison's sake, the similar set held by legendary collector DL Hansen is at 65.85.
High Desert - Copper Type Set, Circulation Strikes (1793-1964)
Only two sets have historically reached 100% with an MS GPA. This set, and the Hansen set. High Desert has Hansen beat by over three points! This may seem a small number, but when we are talking this caliber of coins, it's a mountain!
D.L. Hansen Collection - Complete U.S. Type Set (1792-1964)
At one point or another, many if not most numismatists dream of putting together a basic US Type Set. Mr. Hansen has taken that to the literal next level. Filling this set with absolute swoon-worthy coins. It isn't often that one has the ability to see some of the best-of-the-best coins individually, let alone several in the same collection. The replication of a set of this ilk would be daunting to say the least!
D.L. Hansen Collection - 20th Century Type Set, With Type Variations No Gold (1900-1999)
This is an impressive set that Mr. Hansen completed, knocking High Desert from a highly respectable 18-year top set streak.
Jim O'Neal - Half Dollar Type Set (1794-present)
One of only two complete sets in this composite, and beating the second set - owned by Hansen - by over two points! For a collector of United States Half Dollars, this set is a crown jewel. No doubt that many years of active collecting was involved in the building of this top set!
What can be said about this set that hasn't already? For most numismatists, finally attaining a complete set of any series and at any grade level is a feat. Now, try to complete a full set of US numismatics in TOP conditions! This set contains examples worth several hundred dollars each all the way up to the multi-million-dollar "poster" coins. We are all waiting with anticipation for the completion of this monumental undertaking.
D.L. Hansen Collection - Half Cents with Major Varieties, Circulation Strikes (1793-1857)
Representing the pinnacle of Half Cent collections, this set combines outstanding rarity with impeccable quality.
The Prestwick Collection - Shield Two Cents with Major Varieties, Proof (1864-1873)
This set is all about absolute top surface quality and color. In these grade ranges, even a single hairline can preclude a coin from receiving the top rating. This set includes many of the finest known examples and blazing Gem Red coins, despite beginning during the time of the Civil War! This set has now been retired and is ranked #2 All-Time Finest behind DL Hansen's set. It is 100% complete and carried a rating of 68.14 out of a possible 69.74 points.
D.L. Hansen Collection - One Dollar Gold with Major Varieties, Circulation Strikes and Proof (1849-1889)
This massive 120-coin set is 97.50% complete and ranks #1. It ranks 61.09 out of a 66.32 possible points, solidly securing this collection as a top gold set.
This 100% complete 40-coin set, taking Best of Registry 2017 through 2019, ranks #1 and is rated 66.05 out of a possible 67.184 points. It's also the All-Time Finest #2 by just 0.04.
This #1 ranking set is 100% complete and continues riding high, having achieved Best of Registry 2017 through 2019. The four outstanding coins in this set deliver a cumulative 62.88 rating from a possible 63.31 points available.
A Best of Registry winner in 2018 and 2019, this Half Eagle collection is 98.33% complete and has a set rating of 60.44 out of a possible 62.98 points. It's also the Current and All-Time Finest for its class.
D.L. Hansen Collection - Liberty Head $5 Gold with Major Varieties, Circulation Strikes (1839-1908)
Rated as Best of Registry in 2018 and 2019 and holding the titles of Current and All-Time Finest, this beautiful set has 99.55% of the 220 coins required for completion. It has a set rating of 59.46 against a possible 64.69.
D.L. Hansen Collection - Liberty Head $20 Gold Basic Set, Circulation Strikes (1850-1907)
This showstopper Double Eagle collection won a Gold Award in 2019 and was Best of Registry in 2017 and 2018. It's furthermore ranked as Current and All-Time Finest. This set is 100% complete with 143 coins and boasts a 63.77 rating against a possible 65.12 points.
D.L. Hansen Collection - Liberty Head $20 Gold with Major Varieties, Circulation Strikes (1850-1907)
For many years, the AWA collection was the one to beat in this category. No longer, as D. L Hansen's incredible set of $20 Liberties has now topped not only the Current Finest, but the All-Time Finest list as well. To get a true picture of the quality of this set, of the 149 items required, 83 are unimprovable, as none have been graded higher and of those 86, 39 are absolute finest knowns, with no others of equal or higher grade. Lacking only the 1861 Paquet (2 known!) we salute this absolutely incredible set. We proudly award to this set the second straight of what will likely be many Gold awards.
This exceptional 80-coin set represents the entire run of circulating double eagles, spanning some eight decades and incorporating two of the most popular designs ever seen on United States gold coinage, including the beautiful Liberty Head design by James Longacre and the iocnic striding Liberty motif by Augustus Saint-Gaudens. This set, which is 100% complete, represents the type of collection one might spend a lifetime trying to build.
@SanctionII said:
What is it that Ricky Bobby said?
Oh yeah, now I remember.
"If you aren't first, you are last."
Ricky Bobby def had an opinion on particpation trophies. Somehow i think I will stay way from numismatic advice from Ricky Bobby though....
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......
@tradedollarnut said:
There is no doubt that Hansen has the greatest US coin collection in existence now. Soon, he will have a decision to make. Complete at any cost or go for the showdown with eliasberg> @MrEureka said:
@tradedollarnut said:
Eliasberg’s scope included patterns, colonials, Territorials and world coinage. No way no how does Hansen’s scope exceed eliasberg’s scope.
That's true, but Hansen's accomplishment is more impressive, I think. Mostly because of the overall quality, but also because much of Eliasberg's collection was acquired in a single purchase from the Clapp estate.
@Perfection said:
Cac coins are typically one grade higher than non. This is pretty much a fact, Look at the prices realized. Look at Saints, ex 66 Saints, Case closed. Regardless you cannot in good conscious compare a cac set to a non. Apples and oranges. Also Cac pops are not correct making Cac coins worth even more. Hundreds if not thousands are cracked and upgraded.
Buy. the coin and not the holder is hogwash, The majority of people cannot grade, dealers included. Nor should people have to. We should be able to rely on the grading services.
Exception is eye appeal which for most coins is a must. Why buy coins with little to no eye appeaL? No idea, unless it is quite rare.
Ngc is usually at least 1.5 grades lower. Look at the prices for proof.
It's a chess game and we all play it.
Why does Laura not want Ngc/cac! Because the market does not value them like Pcgs. Cac grades the same. Just how it is.
Downgrade Pcgs! Sure not hard. Crack the coin and sooner or later it downgrades.
I am a CAC believer, but you are like the CAC Shaman!
Looking at the Franklins below. So that’s where the 1958 went! I think it’s funny to see a $4K price reduction from the auction sale. It’s acknowledging they overpaid for the coin, but... just by a small amount. 😀
The Linda Gail Collection of PCGS Franklin Half Dollars
Larry Shapiro Rare Coins is proud to present for sale the #1 All-Time PCGS Franklin Half Dollar FBL Basic Set, Circulation Strikes ("The Linda Gail Collection"), which includes the single finest graded 1948-D, 1949, 1950-D, and 1963-D as well as 25 others tied for finest graded (20 of which are CAC Approved). Larry Shapiro 2/2021
I first saw this set for sale a few days ago. It was posted in the” Buy, Sell, & Trade - U.S. Coins” category of this forum on Feb 9th. It also appeared on eBay with an asking price of $842,700. On Larry Shapiro Rare Coins website, the set was offered for $795,000.
This is not the first Linda Gail set that has interested Mr. Hansen. You may recall me writing about his purchase of Linda Gail Collection of Eisenhower Dollars - Major and Specialty Sets in August 2019. This propelled the Hansen Collection to #1 for the Ikes. He purchased a large number of Linda Gail Peace Dollars and Barber Dimes. Sadly, many of these great sets have been lost to the Registry. Mr. Hansen’s purchases were mainly made through Larry Shapiro Rare Coins. Due to the positive relationship, I am not surprised of this purchase, but I was not expecting it. The Hansen Collection really did not have essential need for the set. The existing Hansen Collection had 16 coins tied as finest certified by PCGS. Only 14 coins from the 35-piece Linda Gail set would improve the Collection. At one point we have been told that the Hansen Team will take a hard look at any set that will improve over 50% of the existing coins. This set falls short of the guideline. With 14 coins improving the set, including the four sole finest POP 1/0 PCGS specimens while may have factored into the desire to purchase. At 40%, this falls a little short and I was not expecting a deal would be made.
John Brush texted me last week and let me know that “he” bought the set. He stated: I bought the Linda Gail Collection of Franklin halves (minus one toned coin) from Larry Shapiro yesterday. Dell Loy will be taking a lot of the coins to upgrade his regular and CAC set, and DLRC gets the rest. This makes sense, and it shows how deals can come together. The 14 coins that were taken to upgrade Hansen’s set now place the set as #1 All-Time for Franklin Half Dollars FBL Basic Set, Circulation Strikes (1948-1963). He was missing seven coins in the CAC set. It appears as many as four can be added, and the set will be down to only three as still needed. It was not mentioned by John, but I believe a few went into Hansen’s number #2 set and the remainder will belong to David Lawrence Rare Coins.
As mentioned by John, together they purchased the complete set except for one toned coin. What an interesting coin that one is. The coin is “The Franklin Coin” that sold in a September 2018 Legend Auction that realized $129,250. At the time of the sale, the auctioneer wrote: The PCGS Population in MS67+ FBL is two, with NONE FINER; NGC has graded nothing finer than MS67 FBL. In the ENTIRE SERIES, none have been graded finer than MS67+ FBL. The current Collectors universe Value is $17,000. We can easily see this coin blowing past that long before the sale even starts. Again, we rank this coin as great as any of the top Northern Lights Dollars which sold for "beyond moon money." Be prepared! The coin is brightly toned and very appealing. The date now has a POP 4/0 and Mr. Hansen has one of the other specimens. His specimen is certification #38264719, CAC Approved that was purchased from David Lawrence Rare Coins in 2020. I would guess for about $13,000 to $15,000. I featured the coin in a Hansen Watch update on May 31, 2020. The next day, Bruce Morelan posted the image of the Legend coin and stated, the Hansen coin Not even in the same galaxy... This Legend coin was pulled from the sale and can purchased at Larry Shapiro Rare Coins for $124,995.
As stated earlier, Mr. Hansen purchased four PCGS sole finest Linda Gail Specimens. In my research, there are only eight sole finest Franklin Half Dollar specimens and now Hansen has four of them.
1948-D Franklin Half Dollars, MS67+ FBL, CAC, Ex: Linda Gail Collection
I could have featured any of the four coins, so I will go with the first one. Expert Jaime Hernandez Comment: The 1948-D Franklin Half is the first coin struck at the Denver Mint for this series. It's mintage is just over 4 million so not a rare date but also not a common date. It is only common in circulated grades and up to MS62 grade more or less. Examples in MS63 and even MS64 can still be found in rolls or mint sets. Examples in MS65 have probably already been pulled from rolls. In MS66 condition they are very scarce with several hundred still available at a premium. In MS67 condition they are truly scarce with less than dozen known and none being finer. In a my update to Mr. Hernandez comment, the finest now is the sole MS67+ FBL that is located in the D.L. Hansen Collection.
There is a large group of PCGS MS67FBL specimens. The PCGS Population Report indicates thirteen. This new Hansen coin has separated from that pact by a half of a point. The coin has never appeared in auction that I can trace. The MS67FBL examples have appeared in auction nine times realizing an auction record of $19,975. This occurred on 02/01/2015 in Heritage’s Long Beach Expo US Coins Signature Auction.
This purchase of the Linda Gail Collection was great move made by the Hansen team. For the deal to work, it appears the monster priced Legend Coin was not needed and the $124,995 coin was factored out of the negotiated price. Also, the Hansen Collection which already having three complete registry sets did not have to take ownership of all the coins. It sounds like a good deal was made for all parties. I will discuss the #1 Hansen Franklin Half Dollar set and what it means to the collection in a little more detail in next couple postings. Here is the link if you like to view this great set.
1948-D Franklin Half Dollars, MS67+ FBL PCGS POP 1/0, CAC Approved Certification #41057179, PCGS #86652 PCGS Price Guide $45,000 / Purchased as part of a 35-piece set Ex: Linda Gail Collection
Well, it was a thought. Don't know the exact number of coins in the Hansen Collection ( does anybody ) but having followed the thread by Currin ( which I appreciate ) and viewed the majority of Mr. Hansen's registry sets I can understand the logistical nightmare of moving his collection back and forth to CAC. A few Brinks trucks with armed escorts maybe ? That also begs the question " how long would it take for JA to complete that monumental task ? "
How many coins? Yes. I know. Let's suffice it to say it's a lot. If Mr. Hansen wants to pass it along, I'll allow him to do so.
How long for JA? I'd estimate it at 1 week to review everything...He'd be thankful he doesn't sticker most modern series.
John Brush President of David Lawrence Rare Coins www.davidlawrence.com email: John@davidlawrence.com 2022 ANA Dealer of the Year, Past Chair of NCBA (formerly ICTA), PNG Treasurer, Instructor at Witter Coin University, former Instructor/YN Chaperone ANA Summer Seminar, Coin World Most Influential, Curator of the D.L. Hansen Collection
@david3142 said:
Looking at the Franklins below. So that’s where the 1958 went! I think it’s funny to see a $4K price reduction from the auction sale. It’s acknowledging they overpaid for the coin, but... just by a small amount. 😀
Well, for clarification, we actually didn't buy the 1958 50c. We bought the entire set, except for the 1958.
John Brush President of David Lawrence Rare Coins www.davidlawrence.com email: John@davidlawrence.com 2022 ANA Dealer of the Year, Past Chair of NCBA (formerly ICTA), PNG Treasurer, Instructor at Witter Coin University, former Instructor/YN Chaperone ANA Summer Seminar, Coin World Most Influential, Curator of the D.L. Hansen Collection
How long for JA? I'd estimate it at 1 week to review everything...He'd be thankful he doesn't sticker most modern series.
WOW !!! I figured it would take a lot longer time frame. Of course I am not familiar with the procedures that JA uses and exactly how much time he actually spends examining each coin.
@david3142 said:
Looking at the Franklins below. So that’s where the 1958 went! I think it’s funny to see a $4K price reduction from the auction sale. It’s acknowledging they overpaid for the coin, but... just by a small amount. 😀
Well, for clarification, we actually didn't buy the 1958 50c. We bought the entire set, except for the 1958.
Right, I knew that but I didn’t know it was (and is) in the Linda Gail collection.
what they need to to is recreate the grading room, clone JA, slingshot the baby JA around the sun so he grows old or something, neural link the original JA to the clone JA, and bring the JA clone back to live in the grading room and spend all day every day stickering
@Currin said: The Linda Gail Collection of PCGS Franklin Half Dollars
[...]
This is not the first Linda Gail set that has interested Mr. Hansen. You may recall me writing about his purchase of Linda Gail Collection of Eisenhower Dollars - Major and Specialty Sets in August 2019.
[...]
The Hansen Collection really did not have essential need for the set. The existing Hansen Collection had 16 coins tied as finest certified by PCGS. Only 14 coins from the 35-piece Linda Gail set would improve the Collection. At one point we have been told that the Hansen Team will take a hard look at any set that will improve over 50% of the existing coins. This set falls short of the guideline. With 14 coins improving the set, including the four sole finest POP 1/0 PCGS specimens while may have factored into the desire to purchase. At 40%, this falls a little short and I was not expecting a deal would be made.
John Brush texted me last week and let me know that “he” bought the set. He stated: _I bought the Linda Gail Collection of Franklin halves (minus one toned coin) from Larry Shapiro yesterday. Dell Loy will be taking a lot of the coins to upgrade his regular and CAC set, and DLRC gets the rest._This makes sense, and it shows how deals can come together. The 14 coins that were taken to upgrade Hansen’s set now place the set as #1 All-Time for Franklin Half Dollars FBL Basic Set, Circulation Strikes (1948-1963). He was missing seven coins in the CAC set. It appears as many as four can be added, and the set will be down to only three as still needed. It was not mentioned by John, but I believe a few went into Hansen’s number #2 set and the remainder will belong to David Lawrence Rare Coins.
As mentioned by John, together they purchased the complete set except for one toned coin. What an interesting coin that one is. The coin is “The Franklin Coin” that sold in a September 2018 Legend Auction that realized $129,250. At the time of the sale, the auctioneer wrote: The PCGS Population in MS67+ FBL is two, with NONE FINER; NGC has graded nothing finer than MS67 FBL. In the ENTIRE SERIES, none have been graded finer than MS67+ FBL. The current Collectors universe Value is $17,000. We can easily see this coin blowing past that long before the sale even starts. Again, we rank this coin as great as any of the top Northern Lights Dollars which sold for "beyond moon money." Be prepared! The coin is brightly toned and very appealing. The date now has a POP 4/0 and Mr. Hansen has one of the other specimens. His specimen is certification #38264719, CAC Approved that was purchased from David Lawrence Rare Coins in 2020. I would guess for about $13,000 to $15,000. I featured the coin in a Hansen Watch update on May 31, 2020. The next day, Bruce Morelan posted the image of the Legend coin and stated, the Hansen coin Not even in the same galaxy... This Legend coin was pulled from the sale and can purchased at Larry Shapiro Rare Coins for $124,995.
Great explanation of the purchase.
I would be great to have a list of all the collections that Hansen has absorbed. Here are the ones I can think of off the top of my head.
Comments
Being #2 would still be quite an accomplishment. Good luck!
Another way to look at it is like this---either Hansen never sells or sells some point. If he never sells, your #2 collection is the #1 best collection that is available (outside of museums and Hansen). If Hansen does sell it will give you a chance to cherry pick the coins you need to improve.
I think the thought is nice, but that's a strange way to look at it for me. Taking that to the logical conclusion, if someone had the #5 set, it could be said that the set is the #1 best collection available (outside of museums and the top 4 private collections).
I think the difference is if Hansen is the only set in front of you your only talking about 1 collection (yes my example loses meaning the more collections ranked ahead of you). Further, the Hansen collection is of museum quality (actually better). It is also very transparent and well known so if your collection is #2 to Hansen then anyone can compare the two. This cant be done to unknown private collections. Further, we really dont know what will happen long term to Hansen's collection so if I had the #2 set I would have no problem with describing it as the best collection outside of the Hansen collection. The unspoken understanding is this was the best set available to be built and if you are selling it is the best set available unless Hansen sells.
Dell Loy's effect on collecting cannot be overstated. I even recall Laura having a post saying it's okay to be #2 behind Hansen to help drive collector interest.
It's interesting to note that in some cases, being #1 outside of Hansen may mean having the #4 ranked set.
Given how outsized of an impact Dell Loy has had and how many collectors want to be #1, should being the #1 best collection that is available (outside of museums and Hansen) be formalized? Perhaps PCGS can help by putting Dell Loy into a different category so other collectors could be #1?
Or we could give trophy’s just for participation...
The following is from the first page of this thread
What is it that Ricky Bobby said?
Oh yeah, now I remember.
"If you aren't first, you are last."
It would be great to be in the press release too.
Ricky Bobby def had an opinion on particpation trophies. Somehow i think I will stay way from numismatic advice from Ricky Bobby though....
I would rather that PCGS didn’t do that. It seems bad to change the rules just because we feel we can’t win. Instead I would encourage people to collect in ways that satisfies them without changing the rules.
I currently have four #3 sets........a “Participation” trophy would be nice, but all I have received from PCGS is a hoodie sweatshirt.
OINK
You got a hoodie! Nice!
I just got a reminder to renew.
.
.
You have a great set already. You don’t have to compete with Mr. Hansen. Just doing the work day in and day out to complete the set would be an amazing accomplishment. I really hope you can complete it. I don’t know how many collections in history that have completed the entire circulating strike set. The registry gives credit to only three, Hansen, Bass, and Eliasberg. Actually Eliasberg did not achieve what you are working on because he had a mixture of proofs, but the registry gives him credit. Other famous historic collectors like Atwater had a mixture.
If you can keep your goal alive, you will make a historic accomplishment that only a few have done. PCGS describes the set as: A complete set is one of the greatest challenges in all of numismatics! So true. It would be a life achievement to make this leaderboard. This is the big show. I think you have a good chance to knock off Eliasberg. He should not be there anyway due to his set not being pure. The top four would be extremely difficult. What an exciting goal to have.
The achievement you made to this point is remarkable. I notice you just listed the set in the Registry. How long have you worked on it? I will add a link so others can see what you done and where you are. What AWA accomplished required more than twenty years of constant work and then his work was purchased by Hansen, I don’t think can ever be duplicated. I agree with what been said here, the #2 current set is like being the #1 set after AWA/Hansen! In fact, the Registry now recognizes the #2 set after a long established top set.
https://www.pcgs.com/setregistry/gold/20-gold-major-sets/liberty-head-20-gold-basic-set-circulation-strikes-1850-1907/publishedset/247157
Lastly, keep a friendly eye on psslomianyj.
My 20th Century Gold Major Design Type Set ---started : 11/17/1997 ---- completed : 1/21/2004
Thanks Currin. I recently returned to collecting after a 15 year absence. I've been working on this set for about 2 years. I finished most of the easy dates. Now its mostly a question of finding the coins I need and generating the funds to pay for them. I do have a number of other collections going. Most important for me are type sets in everyman where my set is #1 and the regular circulated type set. I also like to buy in the 100 greatest coin set when I find a coin I can afford. BTW, I think your work on the Hanson collection is great. Your knowlege of history is extensive. I read all of your posts. Thanks again.
That is quite an accomplishment in the time frame you have done it. Your set shines a light on the scarcity of the O mints!
These additional 2 Cent pieces haven't been to CAC. We'd love to get the whole collection reviewed by CAC one day, but there are a few logistical issues therein...
President of David Lawrence Rare Coins www.davidlawrence.com
email: John@davidlawrence.com
2022 ANA Dealer of the Year, Past Chair of NCBA (formerly ICTA), PNG Treasurer, Instructor at Witter Coin University, former Instructor/YN Chaperone ANA Summer Seminar, Coin World Most Influential, Curator of the D.L. Hansen Collection
Probably better to have JA come to you rather than shipping it all back and forth.
Tom,
I don't want to speak for Mr. Hansen, but I believe I can give a few helpful insights into your inquiries.
As for the All Varieties Collections: we've discussed these on multiple series. We'd love to fill in all of those holes, but that's a challenge in and of itself. It's a casual passion and one we'll work on slowly outside of the scope of the major collection.
Why is the #4 set in existence: Typically the sets that are not number 1 sets are from coins that were previously in the number 1 set. The goal in the long term is to build a few of these for family members who are interested in the hobby and to sell the duplicate sets down the road. The duplicate sets are also used as an inventory management tool. It's not easy organizing everything in the collection...
Yes, you should be proud of your set! That's an amazing accomplishment. The duplicate sets won't always exist, but we'll certainly discuss your question on our next visit.
Variety Sets: Mr. Hansen absolutely loves the thrill of the hunt. There's a lot of work that we do together on all of the sets, but Mr. Hansen definitely enjoys the process as well and I wouldn't ever want to take that enjoyment away from him. After all, it is a hobby.
President of David Lawrence Rare Coins www.davidlawrence.com
email: John@davidlawrence.com
2022 ANA Dealer of the Year, Past Chair of NCBA (formerly ICTA), PNG Treasurer, Instructor at Witter Coin University, former Instructor/YN Chaperone ANA Summer Seminar, Coin World Most Influential, Curator of the D.L. Hansen Collection
@Tom147 said:
Part of CAC's consistency is that they aren't able to replicate their grading room outside of their offices. I'm sure that this is why they've only done one outside grading event in their history. Unfortunately they have mentioned that they would never grade at a show again. So, you're right, but that brings about another problem...but we hope to get it done someday!
President of David Lawrence Rare Coins www.davidlawrence.com
email: John@davidlawrence.com
2022 ANA Dealer of the Year, Past Chair of NCBA (formerly ICTA), PNG Treasurer, Instructor at Witter Coin University, former Instructor/YN Chaperone ANA Summer Seminar, Coin World Most Influential, Curator of the D.L. Hansen Collection
That doesn’t sound like something that CAC would do.
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
Ding, ding, ding!
President of David Lawrence Rare Coins www.davidlawrence.com
email: John@davidlawrence.com
2022 ANA Dealer of the Year, Past Chair of NCBA (formerly ICTA), PNG Treasurer, Instructor at Witter Coin University, former Instructor/YN Chaperone ANA Summer Seminar, Coin World Most Influential, Curator of the D.L. Hansen Collection
Ah, but what if you exactly replicated that grading room. Might be easier and cheaper.
Well, it was a thought. Don't know the exact number of coins in the Hansen Collection ( does anybody ) but having followed the thread by Currin ( which I appreciate ) and viewed the majority of Mr. Hansen's registry sets I can understand the logistical nightmare of moving his collection back and forth to CAC. A few Brinks trucks with armed escorts maybe ? That also begs the question " how long would it take for JA to complete that monumental task ? "
And, you could invite PCGS, as well. For all the coins that don't CAC, PCGS could be asked to downgrade them so they could CAC at the lower grade. Makes no sense to me but that seems to be the direction...
Smitten with DBLCs.
Never gonna happen. It’s one thing to downgrade cross a coin, quite another to downgrade a Pcgs coin.
Agree with TDN. With enough money as inducement, all things are possible.
Agree this isn't likely to happen as this is basically telling PCGS they are wrong and CAC is right.
Then again, I can't be 100% sure because PCGS does have a CAC-only Set Registry and presumably they want coins competing in it. I bet many never saw this coming.
My comment was tongue-in-cheek. The point is that the clamour for CAC sometimes takes on a life of its own. Do you doubt that some prefer a 66 CAC to a 67 no-CAC?
Smitten with DBLCs.
Sometimes a CAC coin can sell for much more than a non-CAC coin a point higher.
The PCGS CAC-only Registry Set now exists too but it came after the above.
Dell Loy also has a number of CAC-only Registry Sets. Here's one:
https://www.pcgs.com/setregistry/gold/20-gold-major-sets/liberty-head-20-gold-basic-set-circulation-strikes-1850-1907-cac/7612
Yes, of course. My point is simply that I don’t understand why a representative “B” coin (as evidenced by a green bean) is seemingly often valued more highly than a representative “C” coin at the next higher grade.
This isn’t a CAC thread (we have enough of those) so I’ll stop now.
Smitten with DBLCs.
CAC isn’t only about numerical grade. It’s also about different levels of market acceptable processing. It appears some coins, like gold, can be processed and receive a straight grade but not CAC. If this type of processing is undesirable, CAC can be used as a filter, regardless of grade.
Sheesh. Which is why my original comment was made within the context of Dell's collection and I used very high grades in my example (not coins likely to have been "processed"). Feel free to continue to wilfully miss my point but I really am done now...
Smitten with DBLCs.
Once a brand is established for one thing, it's easy for it to be applied for other things. It's a lot easier to think of PCGS+CAC being more desirable than PCGS-only for all coins, vs. some coins and having to sort out which coins it applies to and which ones it doesn't. If someone can sort it out oneself, that person may not need CAC to begin with. Laura also shaped the market by publishing numerous articles on buying PCGS+CAC only. PCGS adding a PCGS+CAC Registry Set compounds the general perspective and desirability of PCGS+CAC. Hansen and others are participating in multiple PCGS+CAC Registry Sets is the final step of desirability.
BTW, I don't expect you to respond since you said you're done. I replied because this is a public forum for all to read, not just the 2 of us.
Cac coins are typically one grade higher than non. This is pretty much a fact, Look at the prices realized. Look at Saints, ex 66 Saints, Case closed. Regardless you cannot in good conscious compare a cac set to a non. Apples and oranges. Also Cac pops are not correct making Cac coins worth even more. Hundreds if not thousands are cracked and upgraded.
Buy. the coin and not the holder is hogwash, The majority of people cannot grade, dealers included. Nor should people have to. We should be able to rely on the grading services.
Exception is eye appeal which for most coins is a must. Why buy coins with little to no eye appeaL? No idea, unless it is quite rare.
Ngc is usually at least 1.5 grades lower. Look at the prices for proof.
It's a chess game and we all play it.
Why does Laura not want Ngc/cac! Because the market does not value them like Pcgs. Cac grades the same. Just how it is.
Downgrade Pcgs! Sure not hard. Crack the coin and sooner or later it downgrades.
The following is a list of Hansen Registry Set Award mentions for Top Classic Sets. It shows where Hansen is on top and where's close behind. It's really interesting reading the commentary on these for both where he won and where he didn't. This presented in order of the PCGS announcement. Great accomplishments by everyone.
https://www.pcgs.com/setregistry/awards/2020
2020 GOLD LEVEL SETS
TOP CLASSIC SETS 1794-1964
High Desert - Silver Type Set (1792-1964)
A gorgeous set of silver coins, this cabinet has been ranked Current Finest and All-Time Finest and was Best of Registry from 2012 through 2019. It is 100% complete with 68 coins and features a 66.42 rating out of a possible 67.77 For comparison's sake, the similar set held by legendary collector DL Hansen is at 65.85.
High Desert - Copper Type Set, Circulation Strikes (1793-1964)
Only two sets have historically reached 100% with an MS GPA. This set, and the Hansen set. High Desert has Hansen beat by over three points! This may seem a small number, but when we are talking this caliber of coins, it's a mountain!
D.L. Hansen Collection - Complete U.S. Type Set (1792-1964)
At one point or another, many if not most numismatists dream of putting together a basic US Type Set. Mr. Hansen has taken that to the literal next level. Filling this set with absolute swoon-worthy coins. It isn't often that one has the ability to see some of the best-of-the-best coins individually, let alone several in the same collection. The replication of a set of this ilk would be daunting to say the least!
D.L. Hansen Collection - 20th Century Type Set, With Type Variations No Gold (1900-1999)
This is an impressive set that Mr. Hansen completed, knocking High Desert from a highly respectable 18-year top set streak.
Jim O'Neal - Half Dollar Type Set (1794-present)
One of only two complete sets in this composite, and beating the second set - owned by Hansen - by over two points! For a collector of United States Half Dollars, this set is a crown jewel. No doubt that many years of active collecting was involved in the building of this top set!
D.L. Hansen Collection - U.S. Coins Complete Basic Set, Circulation Strikes (1792-present)
What can be said about this set that hasn't already? For most numismatists, finally attaining a complete set of any series and at any grade level is a feat. Now, try to complete a full set of US numismatics in TOP conditions! This set contains examples worth several hundred dollars each all the way up to the multi-million-dollar "poster" coins. We are all waiting with anticipation for the completion of this monumental undertaking.
D.L. Hansen Collection - Half Cents with Major Varieties, Circulation Strikes (1793-1857)
Representing the pinnacle of Half Cent collections, this set combines outstanding rarity with impeccable quality.
The Prestwick Collection - Shield Two Cents with Major Varieties, Proof (1864-1873)
This set is all about absolute top surface quality and color. In these grade ranges, even a single hairline can preclude a coin from receiving the top rating. This set includes many of the finest known examples and blazing Gem Red coins, despite beginning during the time of the Civil War! This set has now been retired and is ranked #2 All-Time Finest behind DL Hansen's set. It is 100% complete and carried a rating of 68.14 out of a possible 69.74 points.
D.L. Hansen Collection - One Dollar Gold with Major Varieties, Circulation Strikes and Proof (1849-1889)
This massive 120-coin set is 97.50% complete and ranks #1. It ranks 61.09 out of a 66.32 possible points, solidly securing this collection as a top gold set.
D.L. Hansen Collection - $3 Gold No 1870-S Basic Set, Circulation Strikes (1854-1889)
This 100% complete 40-coin set, taking Best of Registry 2017 through 2019, ranks #1 and is rated 66.05 out of a possible 67.184 points. It's also the All-Time Finest #2 by just 0.04.
D.L. Hansen Collection - $3 Gold Mintmark Set, Circulation Strikes (1854-1889)
This #1 ranking set is 100% complete and continues riding high, having achieved Best of Registry 2017 through 2019. The four outstanding coins in this set deliver a cumulative 62.88 rating from a possible 63.31 points available.
D.L. Hansen Collection - Complete $5 Gold Date Set, Circulation Strikes (1795-1929)
A Best of Registry winner in 2018 and 2019, this Half Eagle collection is 98.33% complete and has a set rating of 60.44 out of a possible 62.98 points. It's also the Current and All-Time Finest for its class.
D.L. Hansen Collection - Liberty Head $5 Gold with Major Varieties, Circulation Strikes (1839-1908)
Rated as Best of Registry in 2018 and 2019 and holding the titles of Current and All-Time Finest, this beautiful set has 99.55% of the 220 coins required for completion. It has a set rating of 59.46 against a possible 64.69.
D.L. Hansen Collection - Liberty Head $20 Gold Basic Set, Circulation Strikes (1850-1907)
This showstopper Double Eagle collection won a Gold Award in 2019 and was Best of Registry in 2017 and 2018. It's furthermore ranked as Current and All-Time Finest. This set is 100% complete with 143 coins and boasts a 63.77 rating against a possible 65.12 points.
D.L. Hansen Collection - Liberty Head $20 Gold with Major Varieties, Circulation Strikes (1850-1907)
For many years, the AWA collection was the one to beat in this category. No longer, as D. L Hansen's incredible set of $20 Liberties has now topped not only the Current Finest, but the All-Time Finest list as well. To get a true picture of the quality of this set, of the 149 items required, 83 are unimprovable, as none have been graded higher and of those 86, 39 are absolute finest knowns, with no others of equal or higher grade. Lacking only the 1861 Paquet (2 known!) we salute this absolutely incredible set. We proudly award to this set the second straight of what will likely be many Gold awards.
D.L. Hansen Collection - Complete $20 Gold Date Set, Circulation Strikes (1850-1932)
This exceptional 80-coin set represents the entire run of circulating double eagles, spanning some eight decades and incorporating two of the most popular designs ever seen on United States gold coinage, including the beautiful Liberty Head design by James Longacre and the iocnic striding Liberty motif by Augustus Saint-Gaudens. This set, which is 100% complete, represents the type of collection one might spend a lifetime trying to build.
They’re called badges... I seem to get one every time I turn the app on
m
Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
I am a CAC believer, but you are like the CAC Shaman!
Latin American Collection
Assumes facts not in evidence. Market prices are multifactorial. While quality is certainly a factor, it isn’t the only one.
Looking at the Franklins below. So that’s where the 1958 went! I think it’s funny to see a $4K price reduction from the auction sale. It’s acknowledging they overpaid for the coin, but... just by a small amount. 😀
The Linda Gail Collection of PCGS Franklin Half Dollars
Larry Shapiro Rare Coins is proud to present for sale the #1 All-Time PCGS Franklin Half Dollar FBL Basic Set, Circulation Strikes ("The Linda Gail Collection"), which includes the single finest graded 1948-D, 1949, 1950-D, and 1963-D as well as 25 others tied for finest graded (20 of which are CAC Approved). Larry Shapiro 2/2021
I first saw this set for sale a few days ago. It was posted in the” Buy, Sell, & Trade - U.S. Coins” category of this forum on Feb 9th. It also appeared on eBay with an asking price of $842,700. On Larry Shapiro Rare Coins website, the set was offered for $795,000.
This is not the first Linda Gail set that has interested Mr. Hansen. You may recall me writing about his purchase of Linda Gail Collection of Eisenhower Dollars - Major and Specialty Sets in August 2019. This propelled the Hansen Collection to #1 for the Ikes. He purchased a large number of Linda Gail Peace Dollars and Barber Dimes. Sadly, many of these great sets have been lost to the Registry. Mr. Hansen’s purchases were mainly made through Larry Shapiro Rare Coins. Due to the positive relationship, I am not surprised of this purchase, but I was not expecting it. The Hansen Collection really did not have essential need for the set. The existing Hansen Collection had 16 coins tied as finest certified by PCGS. Only 14 coins from the 35-piece Linda Gail set would improve the Collection. At one point we have been told that the Hansen Team will take a hard look at any set that will improve over 50% of the existing coins. This set falls short of the guideline. With 14 coins improving the set, including the four sole finest POP 1/0 PCGS specimens while may have factored into the desire to purchase. At 40%, this falls a little short and I was not expecting a deal would be made.
John Brush texted me last week and let me know that “he” bought the set. He stated: I bought the Linda Gail Collection of Franklin halves (minus one toned coin) from Larry Shapiro yesterday. Dell Loy will be taking a lot of the coins to upgrade his regular and CAC set, and DLRC gets the rest. This makes sense, and it shows how deals can come together. The 14 coins that were taken to upgrade Hansen’s set now place the set as #1 All-Time for Franklin Half Dollars FBL Basic Set, Circulation Strikes (1948-1963). He was missing seven coins in the CAC set. It appears as many as four can be added, and the set will be down to only three as still needed. It was not mentioned by John, but I believe a few went into Hansen’s number #2 set and the remainder will belong to David Lawrence Rare Coins.
As mentioned by John, together they purchased the complete set except for one toned coin. What an interesting coin that one is. The coin is “The Franklin Coin” that sold in a September 2018 Legend Auction that realized $129,250. At the time of the sale, the auctioneer wrote: The PCGS Population in MS67+ FBL is two, with NONE FINER; NGC has graded nothing finer than MS67 FBL. In the ENTIRE SERIES, none have been graded finer than MS67+ FBL. The current Collectors universe Value is $17,000. We can easily see this coin blowing past that long before the sale even starts. Again, we rank this coin as great as any of the top Northern Lights Dollars which sold for "beyond moon money." Be prepared! The coin is brightly toned and very appealing. The date now has a POP 4/0 and Mr. Hansen has one of the other specimens. His specimen is certification #38264719, CAC Approved that was purchased from David Lawrence Rare Coins in 2020. I would guess for about $13,000 to $15,000. I featured the coin in a Hansen Watch update on May 31, 2020. The next day, Bruce Morelan posted the image of the Legend coin and stated, the Hansen coin Not even in the same galaxy... This Legend coin was pulled from the sale and can purchased at Larry Shapiro Rare Coins for $124,995.
As stated earlier, Mr. Hansen purchased four PCGS sole finest Linda Gail Specimens. In my research, there are only eight sole finest Franklin Half Dollar specimens and now Hansen has four of them.
1948-D MS67+ FBL, Cert #41057179, CAC Approved, Pop, 1/0, PCGS Price Guide: $45,000
1949 MS67+ FBL, Cert #41057180, CAC Approved, Pop, 1/0, PCGS Price Guide: est. $45,000
1950-D MS67+ FBL Cert #41057184, Pop, 1/0, PCGS Price Guide: Not Listed (MS66FBL, $32,400)
1963-D MS67 FBL, Cert #41057218, Pop, 1/0, PCGS Price Guide: $22,500
1948-D Franklin Half Dollars, MS67+ FBL, CAC, Ex: Linda Gail Collection
I could have featured any of the four coins, so I will go with the first one. Expert Jaime Hernandez Comment: The 1948-D Franklin Half is the first coin struck at the Denver Mint for this series. It's mintage is just over 4 million so not a rare date but also not a common date. It is only common in circulated grades and up to MS62 grade more or less. Examples in MS63 and even MS64 can still be found in rolls or mint sets. Examples in MS65 have probably already been pulled from rolls. In MS66 condition they are very scarce with several hundred still available at a premium. In MS67 condition they are truly scarce with less than dozen known and none being finer. In a my update to Mr. Hernandez comment, the finest now is the sole MS67+ FBL that is located in the D.L. Hansen Collection.
There is a large group of PCGS MS67FBL specimens. The PCGS Population Report indicates thirteen. This new Hansen coin has separated from that pact by a half of a point. The coin has never appeared in auction that I can trace. The MS67FBL examples have appeared in auction nine times realizing an auction record of $19,975. This occurred on 02/01/2015 in Heritage’s Long Beach Expo US Coins Signature Auction.
This purchase of the Linda Gail Collection was great move made by the Hansen team. For the deal to work, it appears the monster priced Legend Coin was not needed and the $124,995 coin was factored out of the negotiated price. Also, the Hansen Collection which already having three complete registry sets did not have to take ownership of all the coins. It sounds like a good deal was made for all parties. I will discuss the #1 Hansen Franklin Half Dollar set and what it means to the collection in a little more detail in next couple postings. Here is the link if you like to view this great set.
https://www.pcgs.com/setregistry/half-dollars/franklin-half-dollars-major-sets/franklin-half-dollars-fbl-basic-set-circulation-strikes-1948-1963/publishedset/156034
1948-D Franklin Half Dollars, MS67+ FBL
PCGS POP 1/0, CAC Approved
Certification #41057179, PCGS #86652
PCGS Price Guide $45,000 / Purchased as part of a 35-piece set
Ex: Linda Gail Collection
My 20th Century Gold Major Design Type Set ---started : 11/17/1997 ---- completed : 1/21/2004
How many coins? Yes. I know. Let's suffice it to say it's a lot. If Mr. Hansen wants to pass it along, I'll allow him to do so.
How long for JA? I'd estimate it at 1 week to review everything...He'd be thankful he doesn't sticker most modern series.
President of David Lawrence Rare Coins www.davidlawrence.com
email: John@davidlawrence.com
2022 ANA Dealer of the Year, Past Chair of NCBA (formerly ICTA), PNG Treasurer, Instructor at Witter Coin University, former Instructor/YN Chaperone ANA Summer Seminar, Coin World Most Influential, Curator of the D.L. Hansen Collection
Well, for clarification, we actually didn't buy the 1958 50c. We bought the entire set, except for the 1958.
President of David Lawrence Rare Coins www.davidlawrence.com
email: John@davidlawrence.com
2022 ANA Dealer of the Year, Past Chair of NCBA (formerly ICTA), PNG Treasurer, Instructor at Witter Coin University, former Instructor/YN Chaperone ANA Summer Seminar, Coin World Most Influential, Curator of the D.L. Hansen Collection
WOW !!! I figured it would take a lot longer time frame. Of course I am not familiar with the procedures that JA uses and exactly how much time he actually spends examining each coin.
Right, I knew that but I didn’t know it was (and is) in the Linda Gail collection.
what they need to to is recreate the grading room, clone JA, slingshot the baby JA around the sun so he grows old or something, neural link the original JA to the clone JA, and bring the JA clone back to live in the grading room and spend all day every day stickering
Great explanation of the purchase.
I would be great to have a list of all the collections that Hansen has absorbed. Here are the ones I can think of off the top of my head.
Laura is a collector too? I didn’t know that. @tradedollarnut
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How did you forget the purchase that stated in all? The AWA Double Eagles. Also, several Mr. Perfection sets were purchased.
My 20th Century Gold Major Design Type Set ---started : 11/17/1997 ---- completed : 1/21/2004