The next Eliasberg?

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  • privaterarecoincollector
    privaterarecoincollector Posts: 629 ✭✭✭✭✭
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    @elmiracoin said:

    @tradedollarnut said:

    @elmiracoin said:
    Wow - -could this be the infamous super secret buyer of Legend lore?

    i just hope she holds the Legend market reports by the edges to keep all the baloney off her hands. She certainly doesn't use spell check or grammar check software.

    Quit being a jerk

    I respect you and will heed your advice.

    Don;t get me wrong, I think she is one of the best in the biz and I am a customer.

    Too bad everyone here is so sensitive - ain't much fun that way,

    I actually enjoy Legends Market reports, Im happy she is contributing to the community. Reading them is fun to me.

  • Analyst
    Analyst Posts: 1,438 ✭✭✭
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    Private: I think he has a long way to go to become an Eliasberg. ... I reviewed all his sets and at the moments he just seems to buy what is coming across his way, without any focus on rarity or quality.

    Agreed, so far, I am not impressed. Eliasberg had some great coins that were never in the Clapp Family Collection. For example, Eliasberg purchased some excellent large cents from epic, B. Max Mehl sales during the 1940s. To an extent, Eliasberg learned about quality, collecting traditions, and the history of coin collecting in the U.S.

    Also, in the current era, it is important to think beyond the holders, and think about how certified coins will be interpreted in the future. Grading standards, criteria and services have changed in the past and will change again in the future.

    How will Coin Collectors Interpret Certified Coin Grades in the Future?

    "In order to understand the scarce coins that you own or see, you must learn about coins that you cannot afford." -Me
  • shorecoll
    shorecoll Posts: 5,447 ✭✭✭✭✭
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    Does anyone believe you could do Eliasberg in CAC? I don't, or at least it would take a very long time. There are probably some keys where all available specimens have been messed with.

    ANA-LM, NBS, EAC
  • 10000lakes
    10000lakes Posts: 811 ✭✭✭✭
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    @yosclimber said:
    His "Complete Basic Set, Circulation Strikes (1792-1964)" went from 49.15% completion to 56.80%, and it is now private.
    His "Complete Set with Major Varieties, Circulation Strikes and Proof (1792-1964)" went from 40.17% completion to 47.16% completion and is still public.

    Must be a full time job for someone to keep up with just the entry of these coins into the registry.
    Now up to 73.1% on the basic set and 63.3% on the complete set with varieties and proofs.





  • mr1931S
    mr1931S Posts: 7,308 ✭✭✭✭✭
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    There's one coin that the next Eliasberg likely will not be able to own,a coin that Louis Eliasberg did own.......for a time.

    I say "likely"....but lots of unlikely things have been happening lately.

    "Two things are infinite: human stupidity and the universe; and I'm not sure about the universe."
    -Albert Einstein-

    Mistakes are natural. But repeated mistakes without reflection are something else. That may be the “stupidity” he was referring to. In research, he admitted uncertainty openly. “If we knew what it was we were doing, it would not be called research, would it?” This shows humility. Even a Nobel laureate accepted doubt. That humility makes the quote less cynical and more observational.

  • oreville
    oreville Posts: 12,399 ✭✭✭✭✭
    edited September 5, 2017 3:54AM
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    tI missed out on the awesome 1853 dime with arrows in PCGS/CAC MS-68 previously from the Knoxville Collection and previously with Jay Parrino when it sold in October 2001 when Gardner swooped it up at a Heritage auction when I was still volunteering with the Red Cross right after 9-11 (but little to do as so few survived) and getting very depressed. I had to wait 14 years after 2011 to get another chance to buy it and grabbed it at another Heritage sale. In the meantime, I lost a lot of interest on doing more dimes. To me this 1853 dime was the
    holy grail of the mid 19th century.

    A Collectors Universe poster since 1997!
  • cccoins
    cccoins Posts: 302 ✭✭✭✭
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    The collection seems to keep growing at an amazing pace. He has jumped ahead of a number of my sets, and I am sure that it will be a full eclipse for me soon.

  • privaterarecoincollector
    privaterarecoincollector Posts: 629 ✭✭✭✭✭
    edited August 31, 2017 10:50AM
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    Im still missing the Eliasberg quality.

  • Elmhurst
    Elmhurst Posts: 795 ✭✭✭
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    Some time ago she also mentioned someone who is buying up a lot of, shall we say "second tier" coins and putting them into some kind of trust or museum. I assume these are two different people.

  • ColonelJessup
    ColonelJessup Posts: 6,442 ✭✭✭✭✭
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    Dear Mr. Hansen,
    I am personally (and professionally) disappointed in the way you are going about having the time of your life,
    I hope you are losing as much sleep over it as I am. :(

    "People sleep peaceably in their beds at night only because rough men stand ready to do violence on their behalf." - Geo. Orwell
  • EagleEye
    EagleEye Posts: 7,677 ✭✭✭✭✭
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    Deloy Hansen was introduced into this wonderful hobby of coin collecting by Bob Campbell (All About Coins in Salt Lake City) just a few years ago. He is in Real Estate development. Very nice guy and easy going. Now-a-days, you can build a world class collection just by scouring the internet and having a few people to eye-ball coins just so you don't make a mistake. The money is not as much a deciding factor as it being the right coin. I think he is a very smart guy. Smart for seeing the opportunity in building this collection of top pop coins in the midst of the current habit of valuing coins from past auction sales. My feeling is, the few people he has helping him are mainly making sure he sees coins before they disappear.

    Rick Snow, Eagle Eye Rare Coins, Inc.Check out my new web site:
  • 1630Boston
    1630Boston Posts: 14,157 ✭✭✭✭✭
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    All of this is very intriguing :smile:
    Could be the makings of a new 'reality TV show' :smile:

    Successful transactions with : MICHAELDIXON, Manorcourtman, Bochiman, bolivarshagnasty, AUandAG, onlyroosies, chumley, Weiss, jdimmick, BAJJERFAN, gene1978, TJM965, Smittys, GRANDAM, JTHawaii, mainejoe, softparade, derryb, Ricko

    Bad transactions with : nobody to date

  • ColonelJessup
    ColonelJessup Posts: 6,442 ✭✭✭✭✭
    edited August 31, 2017 4:34PM
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    >

    So for $80M you can compromise or $95M you can do it right...

    >

    C'mon Man!
    You settled for a damaged 1804 S$1 and you want to make your definition of "right" the only "right" one.
    I hope you're losing as much sleep over this as I am.
    C'mon Man!

    ;)

    "People sleep peaceably in their beds at night only because rough men stand ready to do violence on their behalf." - Geo. Orwell
  • ScarsdaleCoin
    ScarsdaleCoin Posts: 5,445 ✭✭✭✭✭
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    It's an amazing under taking and my hats off to him. Like you say it's gotta be a full time job for someone to keep track of it all.

    Jon Lerner - Scarsdale Coin - www.CoinHelp.com
  • Hydrant
    Hydrant Posts: 7,773 ✭✭✭✭✭
    edited September 1, 2017 9:14AM
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    @ManifestDestiny said:
    Surprising he is from Utah. The majority of people in Utah don't give a shit about history, unless it's about the Mormon church.

    Are you from Utah? Do you live in Utah? Have you ever been to Utah? I think not. You have an open invitation to visit my lizard ranch in KANAB. Or, you have an open invitation to visit my TARANTULA ranch in Southern California. Be BRAVE, amigo.

  • Hydrant
    Hydrant Posts: 7,773 ✭✭✭✭✭
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    COLLECT COINS FOR FUN!!!!!!!

  • cameonut2011
    cameonut2011 Posts: 10,868 ✭✭✭✭✭
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    @Elmhurst said:
    Some time ago she also mentioned someone who is buying up a lot of, shall we say "second tier" coins and putting them into some kind of trust or museum. I assume these are two different people.

    I think this is the same one.

  • cameonut2011
    cameonut2011 Posts: 10,868 ✭✭✭✭✭
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    @ColonelJessup said:
    C'mon Man!
    You settled for a damaged 1804 S$1 and you want to make your definition of "right" the only "right" one.
    I hope you're losing as much sleep over this as I am.
    C'mon Man!

    ;)

    I didn't realize there was only one "right" way to collect coins. I'm betting even the people assembling the very top sets disagree frequently on their numismatic tastes.

  • Zoins
    Zoins Posts: 34,489 ✭✭✭✭✭
    edited August 31, 2017 9:36PM
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    @10000lakes said:

    @yosclimber said:
    His "Complete Basic Set, Circulation Strikes (1792-1964)" went from 49.15% completion to 56.80%, and it is now private.
    His "Complete Set with Major Varieties, Circulation Strikes and Proof (1792-1964)" went from 40.17% completion to 47.16% completion and is still public.

    Must be a full time job for someone to keep up with just the entry of these coins into the registry.
    Now up to 73.1% on the basic set and 63.3% on the complete set with varieties and proofs.

    Wow, his GPA is already higher than Eliasberg!

    The most important thing is to have fun and I hope he's enjoying his collection!

  • OldIndianNutKase
    OldIndianNutKase Posts: 2,717 ✭✭✭✭✭
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    C'mon Man!
    You settled for a damaged 1804 S$1 and you want to make your definition of "right" the only "right" one.
    I hope you're losing as much sleep over this as I am.
    C'mon Man!

    Great Humor as usual, Col. Jessup. But to denigrate anyone's purchase of an 1804 $1 as "damaged" is a bit beyond the pale........

    OINK

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  • OldIndianNutKase
    OldIndianNutKase Posts: 2,717 ✭✭✭✭✭
    edited August 31, 2017 10:19PM
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    [> @FadeToBlack said:

    Hope he sticks around after he is done making it rain on dealers of high-end material. Impressive stuff.

    He is buying top end collections, intact, from the best collectors with highly graded registry sets. But he will never be

    1 with IHC Basic Set Proof, ( I am now no. 3) . No. 1 is not touchable........unless he buys it.

    OINK

    Appologies for the caps........

  • Zoins
    Zoins Posts: 34,489 ✭✭✭✭✭
    edited August 31, 2017 10:26PM
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    @OldIndianNutKase said:

    @FadeToBlack said:
    Hope he sticks around after he is done making it rain on dealers of high-end material. Impressive stuff.

    He is buying top end collections, intact, from the best collectors with highly graded registry sets. But he will never be

    1 with IHC Basic Set Proof, ( I am now no. 3) . No. 1 is not touchable........unless he buys it.

    OINK

    Appologies for the caps........

    If he's buying top end collections, intact, how likely is he to buy the #1 IHC Basic Set Proof, intact?

  • yosclimber
    yosclimber Posts: 5,322 ✭✭✭✭✭
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    @OldIndianNutKase said:

    C'mon Man!
    You settled for a damaged 1804 S$1 and you want to make your definition of "right" the only "right" one.
    I hope you're losing as much sleep over this as I am.
    C'mon Man!

    Great Humor as usual, Col. Jessup. But to denigrate anyone's purchase of an 1804 $1 as "damaged" is a bit beyond the pale........

    OINK

    It's called a joke, son. He even put the smiley face on it. So totally cool.

  • jessewvu
    jessewvu Posts: 5,087 ✭✭✭✭✭
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    Why do collectors like to have things that are known to have been collected by others? Nobody ever says I have a Grandma Jones couch, or brother John slacks.

    I suppose if I was the next big collector, I'd buy a bunch of junk coins and then sell them off as being from my collection. Seems there would be a market for it.

  • STEWARTBLAYNUMIS
    STEWARTBLAYNUMIS Posts: 2,697 ✭✭✭✭
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    Don't forget Big Moose has not yet registered his Indian cent proofs !

  • ColonelJessup
    ColonelJessup Posts: 6,442 ✭✭✭✭✭
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    @yosclimber said:

    @OldIndianNutKase said:

    C'mon Man!
    You settled for a damaged 1804 S$1 and you want to make your definition of "right" the only "right" one.
    I hope you're losing as much sleep over this as I am.
    C'mon Man!

    Great Humor as usual, Col. Jessup. But to denigrate anyone's purchase of an 1804 $1 as "damaged" is a bit beyond the pale........

    OINK

    It's called a joke, son. He even put the smiley face on it. So totally cool.

    When Laurie texts this to Bruce the emoticons are different. ;)

    "People sleep peaceably in their beds at night only because rough men stand ready to do violence on their behalf." - Geo. Orwell
  • Analyst
    Analyst Posts: 1,438 ✭✭✭
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    @CCcoins: The collection seems to keep growing at an amazing pace. He has jumped ahead of a number of my sets, and I am sure that it will be a full eclipse for me soon.

    Who is CCcoins? Are we being asked to believe that surpassing CCcoins is somehow the mark of a formidable achievement?

    Zoins: Wow, his GPA is already higher than Eliasberg!

    @PrivateRareCoinCollector: Im still missing the Eliasberg quality.

    If PRC is saying that the quality, in accordance with an applicable culturally based weighting, of Hansen's Collection is not currently in the league of Eliasberg, I agree. While it might almost be in the same league as far as completeness, it is not nearly in the same league in other ways.

    The registry set ratings are inconsistent with collecting traditions in the past. Before PCGS was founded in 1986, few collectors were all that concerned with the quality of very common coins. In current terms, if a coin is common in MS-64 or MS-65 grade, one that grades MS-67 or even MS-68 just would not have been important to Eliasberg. Before the 1980s, very few people would have cared about a MS-67 grade example of a coin that is common in MS-64 grade, if we constructively apply current grading criteria to the coins that were sold back then.

    For a coin to be all that important to Eliasberg, James A. Stack, the Norwebs, the Garretts, or George Earle, among others, it had to be at least very scarce in all grades or extremely rare in grades above Very Fine or so. Different collectors established different parameters, but the point here is clear enough. Whether a 20th century Proof Indian Cent grades 65 or 68 would not have mattered to Eliasberg or to the collectors that I just mentioned. They were concerned about rarities and rare type coins like 1796-97 half dollars. Many of the scarce coins in Hansen's set do not impress me.

    Also, coin doctoring, for the purpose of deceiving experts, has been a more serious problem over the past 30 years than it ever was before. Would the presence of doctored coins weigh down a set?

    How will Coin Collectors Interpret Certified Coin Grades in the Future?

    Insightful10@gmail.com

    "In order to understand the scarce coins that you own or see, you must learn about coins that you cannot afford." -Me
  • This content has been removed.
  • ColonelJessup
    ColonelJessup Posts: 6,442 ✭✭✭✭✭
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    @Analyst,
    Having taken more copious notes than I, I'm curious as to your impressions of/distinctions between Clapp and non-Clapp overall?

    "People sleep peaceably in their beds at night only because rough men stand ready to do violence on their behalf." - Geo. Orwell
  • tradedollarnut
    tradedollarnut Posts: 20,754 ✭✭✭✭✭
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  • topstuf
    topstuf Posts: 14,803 ✭✭✭✭✭
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    Why, the dang POSEUR !!!

    :#

  • Kyle
    Kyle Posts: 1,822 ✭✭✭✭✭
    edited September 1, 2017 10:56PM
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    @tradedollarnut said:
    Tidbit about the sale of the Clapp collection to Eliasberg here

    http://www.coinweek.com/recent-articles-video/early-days-stacks-growing-numismatic-family/

    Thanks for sharing that link; interesting to read. Now I want to read more about these collectors and their collections.

    Successful BST Transactions With: tonedase, streg2, airplanenut, coindeuce, vibr0nic, natetrook, Shrub68, golden, Lakesammman, drddm, Ilikecolor, CoinJunkie, wondercoin, lablover
  • MrEureka
    MrEureka Posts: 24,777 ✭✭✭✭✭
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    @ColonelJessup said:
    @Analyst,
    Having taken more copious notes than I, I'm curious as to your impressions of/distinctions between Clapp and non-Clapp overall?

    No need for "copious notes". If you look through the Eliasberg catalogs, it's completely obvious.

    Andy Lustig

    Doggedly collecting coins of the Central American Republic.

    Visit the Society of US Pattern Collectors at USPatterns.com.
  • tradedollarnut
    tradedollarnut Posts: 20,754 ✭✭✭✭✭
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    @MrEureka said:

    @ColonelJessup said:
    @Analyst,
    Having taken more copious notes than I, I'm curious as to your impressions of/distinctions between Clapp and non-Clapp overall?

    No need for "copious notes". If you look through the Eliasberg catalogs, it's completely obvious.

    Obvious, but fair? How many coins did Clapp collect that weren't straight from the Mint?

  • MrEureka
    MrEureka Posts: 24,777 ✭✭✭✭✭
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    @tradedollarnut said:

    @MrEureka said:

    @ColonelJessup said:
    @Analyst,
    Having taken more copious notes than I, I'm curious as to your impressions of/distinctions between Clapp and non-Clapp overall?

    No need for "copious notes". If you look through the Eliasberg catalogs, it's completely obvious.

    Obvious, but fair? How many coins did Clapp collect that weren't straight from the Mint?

    A lot. Clapp was a very sophisticated collector. But I admit that the difference is less obvious if you exclude the coins he purchased directly from the Mint.

    Andy Lustig

    Doggedly collecting coins of the Central American Republic.

    Visit the Society of US Pattern Collectors at USPatterns.com.
  • ColonelJessup
    ColonelJessup Posts: 6,442 ✭✭✭✭✭
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    @MrEureka said:

    @ColonelJessup said:
    @Analyst,
    Having taken more copious notes than I, I'm curious as to your impressions of/distinctions between Clapp and non-Clapp overall?

    No need for "copious notes". If you look through the Eliasberg catalogs, it's completely obvious.

    Droll troll >:)

    "People sleep peaceably in their beds at night only because rough men stand ready to do violence on their behalf." - Geo. Orwell
  • RegistryCoin
    RegistryCoin Posts: 5,132 ✭✭✭✭
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    Is Hansen leaving room for another collector to build a better set in his category?

  • STEWARTBLAYNUMIS
    STEWARTBLAYNUMIS Posts: 2,697 ✭✭✭✭
    edited September 5, 2017 11:28AM
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    There are many more collectors today than in the late 19th and early 20th century
    Both Clapps were not really competing with anybody
    Today Hansen is competing with so many more individuals in so many more series
    Clapp never collected coins like Full step Jefferson nickels or Washington quarters
    [deleted remainder of message for violating terms of use - Moderator]

  • wondercoin
    wondercoin Posts: 17,138 ✭✭✭✭✭
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    Yep... you really have to be a nutjob to collect those Jefferson nickels or Washington quarters!!! Guilty as charged!!

    But, of course, one can also buy half point Lincoln cent "upgrades" for "crazy" prices and quickly take over first place against well-balanced (and approving) collectors.

    Hey pot - did you meet kettle?

    Wondercoin.

    Please visit my website at www.wondercoins.com and my ebay auctions under my user name www.wondercoin.com.
  • ColonelJessup
    ColonelJessup Posts: 6,442 ✭✭✭✭✭
    edited September 3, 2017 10:50AM
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    @STEWARTBLAYNUMIS said:
    Today Hansen has to compete with nut jobs like Wondercoin

    Insightful advice from someone who's not competing with anyone but himself :)

    "People sleep peaceably in their beds at night only because rough men stand ready to do violence on their behalf." - Geo. Orwell
  • Analyst
    Analyst Posts: 1,438 ✭✭✭
    edited September 3, 2017 6:48PM
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    StewartBlay: Both Clapps were not really competing with anybody

    On the contrary, there was substantial competition. There were more than a few serious and very affluent collectors active at times from the 1880s and the 1920s, including people who acquired many coins that some of us would now grade in the 66 to 68 range. Virgil Brand and Col. E. H. R. Green may not have been that concerned about quality, but they each owned a large number of superb gem coins. Others were relatively more concerned, like William Woodin, the Norweb family, William Cutler Atwater and William Dunham.

    George Earle, in particular, had a large number of 19th century coins that were later PCGS graded from 65 to 68. Earle's collection was auctioned in 1912 and is underrated by most people interested in the history of coin collecting.

    @ColonelJessup: @Analyst, Having taken more copious notes than I, I'm curious as to your impressions of/distinctions between Clapp and non-Clapp overall?

    Eliasberg acquired a significant number of gem coins that were never in the Clapp Family Collection. As much as I appreciate Col. Jessup's remarks and understand the implicit message, I prefer to postpone a detailed response to the Colonel's question. Indeed, the non-Clapp gems in the Eliasberg Collection would be good topic for an article.

    Besides, I did not take nearly as many notes as I wish that I had during viewing sessions for the 1996 and 1997 Eliasberg sales. I focused on the relatively more newsworthy coins, and did not even have a chance to see every coin in these sales.

    Saul Teichman has found that the Eliasberg 1884 Trade Dollar was in the Virgil Brand Collection and was never in the Clapp or Atwater Collections. I still clearly remember the Eliasberg 1884, more than 20 years later! It is a wonderful gem!

    The Atwater-Eliasberg-Morelan 1885 Trade Dollar, indisputably the finest of the four that have been PCGS or NGC certified so far, was never in the Clapp Family Collection.

    Also, it is true that some of the coin issues that were not represented in the Clapp Collection were not available to Eliasberg in gem grades. For example, in the mid 1950s, Eliasberg bought the finest known 1817/4 half, which is a circulated coin. The PCGS CoinFacts site incorrectly refers to this coin has having been in the Richmond Collection; it never was. A different collector consigned it to the DLRC auction of November 2004.

    A Non-Clapp Eliasberg Large Cent Brought $1.38 million in January 2012

    "In order to understand the scarce coins that you own or see, you must learn about coins that you cannot afford." -Me
  • STEWARTBLAYNUMIS
    STEWARTBLAYNUMIS Posts: 2,697 ✭✭✭✭
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    Analyst - In what way were the Clapps competing with Virgil Brand or Colonel
    Green in the 1880's ?
    We are in the 21st century of coin collecting. There is something called
    The Set Registry. People are paying goofy
    money for a half point numerical
    upgrade on a Coin.Sometimes a coin with a higher numerical grade on the holder is
    Inferior to a lower graded coin. Unless you have participated in the Set Registry you do not understand the 21st century
    Coin collectors who compete and play the game.

    Stewart

  • tradedollarnut
    tradedollarnut Posts: 20,754 ✭✭✭✭✭
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    Analyst - be careful of what you profess to be facts. The Eliasberg 1885 trade dollar is NOT indisputably the finest known. Talk to Jim Halperin one day if you don't believe me.

  • mr1931S
    mr1931S Posts: 7,308 ✭✭✭✭✭
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    Much more of an accomplishment to acquire ALL of the 1894-S dimes than to be the next Eliasberg but that's just me.

    "Two things are infinite: human stupidity and the universe; and I'm not sure about the universe."
    -Albert Einstein-

    Mistakes are natural. But repeated mistakes without reflection are something else. That may be the “stupidity” he was referring to. In research, he admitted uncertainty openly. “If we knew what it was we were doing, it would not be called research, would it?” This shows humility. Even a Nobel laureate accepted doubt. That humility makes the quote less cynical and more observational.

  • Soldi
    Soldi Posts: 2,177 ✭✭✭✭✭
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    Honestly, I had to laugh. If you don't know Eliasberg my man you got to start a library and if you like I can sell you a really nice set of his two auction catalogs in plastic as issued. He had one of every date and mint mark. Read that correctly. Every date and mint mark. NOT EVERY COIN ISSUED
    Example morgan dollar 1878, 1879S, 1881-O etc get it. Anyway the catalogs are an interesting read. I was at the auction and it was record breaking, as well as, stupid. Stupid because Stupid money was going after many coins that weren't that rare or nice. I mean it. I do believe his collection was stored in a Bank vault for a long time under less than I deal conditions, humidity etc. The majority were spectacular. 1996-1997. I won, one lot, paid too much for the provenance. Well, best of luck to you. I only mention the catalogs because I have a room full of auction catalogs and I am moving this year going down south. Chasing the sun. Warm Regards Soldi, Soldo as in one of me.

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