Hansen watch.

They will need multiple bidders who are willing to pay. Look at the Dollar that John and Keven bought cheap and sold to
Bruce. Good deal for all. You never know. I do know though that if wanted a 1913, it would be this one.
From what I have read the others are all over graded and not CAC. I will take the under 4.5M all in. But I have to know if there is a reserve.

The reserve is reasonable

@Perfection said:

He should be patient. If he has to have them I would consider NOT bidding and trying to buy them from the winner.

That could actually wind up being much cheaper due to DLH not pushing the price up.

The problem with this is that in today's bidding world, it's far harder to know who the winning bidder is!
And, you have to know they are going to win and are willing to sell it...it's a good concept that could work on some coins (like an 1804 $1), but the players have to be very limited to do so.

@specialist said:
I dare you and DH to start buying big girl patterns.. come in to my world and see how far you get!

Please, no! I don't want to have to re-read the pattern book!!!

I feel like I'm reading an email exchange.

@ranshdow said:

@Insider2 said:
No, what he's doing is fine. With enough time and money either him or his heirs will probably finish. When he gets

Time and money for coins sweeter than honey
your sets aspire to be as cunning
buyin' and sellin' and biddin' E-lias B
gonna roll in his grave, when he get beat

With apologies to the Beastie Boys. Too much coffee this AM.

Wow that was stupid

I like my sugar with coffee and cream

m

@Wabbit2313 said:

@drei3ree said:

@Insider2 said:
No, what he's doing is fine. With enough time and money either him or his heirs will probably finish. When he gets down to waiting for the last few pieces he'll need he can try a real challenge that will never be finished. What about assembling a complete collection of stamps from every country of the world?

Assuming his heirs give a squat about coin sets! Mine don't...

I officially offer myself for adoption.

You would have to go through John Brush and PCGS at your expense no matter how adorable you think you are. And if adopted, I really doubt Delroy would give you the time of day.

Oops...almost forgot the emoticon.

Leo

Any trustee for a trust is going to want to sell the coins and invest the funds, however

@tradedollarnut said:
Any trustee for a trust is going to want to sell the coins and invest the funds, however

The settlor has the absolute power to limit the power and/or discretion of the trustee.

@tradedollarnut said:
Not according to my atty

Trustees are required to follow the terms of the trust and to consider the intent and purpose of the trust instrument in implementing it. A failure to do so would constitute a breach of trust in most cases. In many states, the language of a trust instrument can expand, restrict, eliminate, or otherwise alter the duty for a trustee to prudently invest.

It is possible that there is some weird quirk in your state's law, and there are some variations among the states. It is more likely that the answer is much more nuanced and may depend on the purpose of the trust you suggested. For instance, if the goal of a trust is asset protection, limiting the discretion of the trustee may create problems. My point was that a resourceful individual can find ways to achieve his goal.

@specialist said:
JB : Delloy needs to change his hobby to say quilting!

Then he'd be competing with my mother! No way.
When I married my wife, I told her that I'd never had a store bought blanket. She bought a comforter...now we have like 20 more quilts in our house. Maybe we should start selling Quilts????

@Justacommeman said:
I’m worried about his hand falling off from writing all those checks

Now, that is the one part of the hobby that I know for a fact he doesn't do...

@Currin said:
New Upgrade to D. L. Hansen Complete Basic Proof Set

1893 50C, Cameo PR68CA CAC POP 1/1, 1/0 for CA

This is an interesting Barber Half Dollar Proof upgrade. This is the finest 1893 Proof Cameo, but there’s a non-CA proof that is technically better. This coin last appeared in a Legend Rare Coin Auctions, 9/29/2016. The coin sold for $18,500 and presently has a PCGS Price Guide Value of $24,000. It is not known where this coin has been the past two years. If anyone has any addition information, please provide.

This coin very nicely fills a hole in the Hansen Proof set. Hansen’s U.S. Coins Complete Basic Set, Proof (1801-1964) has now 801 coins. The set is 344 coins short of the needed 1145. This may the first time that someone has tried to complete a US proof set. I just don’t know.

The last appearance for this coin was in the Legend Rare Coin - The Regency Auction XVI Lot 368, 9/29/2016. The description reads: This quite possibly is the FINEST 1893 50C PR Cameo graded. We have seen the other coin-this coin is far better! Deep and glittering mirrors beam from all over. They have exceptional clarity, cleanliness, and are highly reflective. They look like a freshly formed sheet of ice. Both sides were blessed by Mother nature with a totally original moderate mix of navy/forest green/pale violet/golden brown colors. Miss Liberty and the details are frosted and have razor sharp strikes. The eye appeal is world class! The other coin (higher grade?) had an asking price of $32,500-and was not as well contrasted or as lively.

This is another purchase where Hansen may have acquired the best coin and not the higher graded coin. You can be the judge of that.

Provenance: Ex. HC Aug. 2015 Lot 4099 [NGC PR 68 Star Cam]

1893 50C, Cameo PR68CA CAC POP 1/1

Hey, it's CAC'd! Perfection might like that

@ranshdow said:
They should call that coin 'Electric Drool'

I love how Laura names some of the special coins in her auction catalogs! I think that is something more coin dealers should do...

@tradedollarnut said:

@JBatDavidLawrence said:

@tradedollarnut said:
I think he should be on it - and JB saying he’s not only confirms he probably is.

Nice try Bruce! I'm too much of a straight shooter to divert in that manner. I like that you think I'm thinking ahead though. I do enjoy a good game of chess.

I just wanted to save this.

My favorite thing about the coin business is that every day brings something different and things change on a constant basis...But, diversion is not my strong point. I learned that when my wife told me to give up on trying...

.

@TopoftheHill said:
The hobby needs more people like Hansen. Maybe not people trying for one of everything, but for meaningful collections. It would be great if famous rich people became involved in coin collecting with a mere portion of their wealth.

Jeff Bezos, Lebron James, Mark Cuban, Carl Icahn, Phil Knight, Abigail Johnson, any of the Walton heirs....

Imagine the impact!

This is what Laura has been preaching for years...and she's correct. If you compare the value and rarity of coins to things like art and other collectibles, they seem to be excellent values overall.

Ironically, it's exactly what Mr. Hansen believes as well. Listening to him explain it to other parties (especially bankers) is really eye-opening.