Dell Loy Hansen Enters Partnership with David Lawrence Rare Coins
David Lawrence Rare Coins has come together with one of the most prominent rare coin collectors of our time, Dell Loy Hansen, to launch him into the business. After offering his personal services as an advisor to Mr. Hansen, president and owner of DLRC John Brush witnessed first-hand Mr. Hansen’s passion for coins. This exciting collaboration led to the company enthusiastically welcoming Dell Loy Hansen as a permanent fixture and partner at David Lawrence Rare Coins.
Mr. Hansen, or Dell Loy as he is better known by his friends, is widely recognized as the owner of several very successful businesses, including the Real Salt Lake Major League Soccer team. Dell Loy began his numismatic journey into collecting as a young man. However, as his businesses thrived, he took a hiatus from the hobby he had grown to love. About 18 months ago, his interest in the hobby was piqued anew as he began to work on his collection again. In that brief period of time, Mr. Hansen has acquired an impressive number of coins and several complete collections, with a focus on the PCGS Registry Sets. His ultimate goal has developed into forming a collection that would rival the king of collectors, Louis Eliasberg. During this time of acquisition, he and Mr. Brush formed a friendship and partnership working together to add several major pieces to his collection. After numerous dealings, Mr. Hansen sought Brush’s help in curating his collection as well. As a result, the two have collaborated for several months and realized the immense potential in working together professionally, and with the Dell Loy Hansen Collection.
Brush said, “It’s been an honor to work with Mr. Hansen and his coin collection. The roots of DLRC began with David Lawrence Feigenbaum, a collector who started the company in 1979 and grew it with the collector in mind. From humble beginnings, the company has always strived to help collectors build and sell their collections. In the end, it only made sense that we form an official relationship that allows us to work together with one of the most prominent collectors in the country.” Brush continued, “We look forward to helping Mr. Hansen grow and improve his collection and make it one of the most complete collections of U.S. coins ever assembled. In addition to his access to huge capital for future deals, Dell Loy also brings many years of experience in mentoring young business leaders like myself and partnering with a variety of businesses to help them achieve growth and scale that might not be possible otherwise. Myself and the excellent long-time staff at DLRC look forward to utilizing his skills into further growth at David Lawrence.”
David Lawrence Rare Coins, located in Virginia Beach, Virginia, offers weekly internet auctions every Sunday night, with a focus on PCGS, NGC, and CAC certified coins and currency. As one of the leading rare coin dealers in the United States, David Lawrence Rare Coins continues to grow, and the addition of Mr. Hansen to David Lawrence strengthens the bond with collectors as “Your Partners in Numismatics”.
ABOUT DAVID LAWRENCE RARE COINS
David Lawrence Rare Coins was founded in 1979 by David Lawrence Feigenbaum, in a spare bedroom. A passionate collector his entire life, he made the jump to dealing when his collecting desires surpassed his limited professor’s budget. Dave passed away after a long battle with ALS (Lou Gehrig’s Disease), and Dave’s son, John Feigenbaum took the reins and oversaw the company’s growth until 2015. In August of 2015, John became the Publisher of the CDN Publishing and passed operations to John Brush.
Mr. Brush directs the company with the help of an extremely dedicated staff of 17 employees. The management team has a cumulative total of over 80 years with the company and the team of numismatists offer over 125 years of experience. They are deeply passionate about all aspects of coin collecting, and whether the coin is $5, $50 or $5 million, they are here to serve the collector with the best quality, service, and price possible. Brush and the DLRC staff are also equally focused on bringing the latest technology advances to the hobby.
The company has handled legendary rarities of United States numismatics including two examples of the 1894-S Barber dime, a gem 1876-CC twenty cent piece, the finest known 1901-S Barber quarter, two of the 12 known 1870-S Seated dollars, one of the two known 1825/4 $5, and the finest certified 1796 No Pole Liberty Cap half cent. They also helped to assemble and then sell the $25 million Richmond Collection at three public auctions hosted in New York City and Baltimore, Maryland.
David Lawrence Rare Coins is an industry leader in the trading and auctioning of U.S. rare coins certified by PCGS, NGC, and CAC. DLRC holds weekly internet auctions and offers sellers the options of direct sale or consignment to auction. If you’d like to work with David Lawrence or if you have any question as to how we can help your collection, please call 1-800-776-0560 or email coins@davidlawrence.com.
DLRC is located in Virginia Beach, VA, and offers products via their website (www.davidlawrence.com), trade shows, Amazon, and on eBay.
Whitman Publishing Releases Expanded Carson City Morgan Dollars Book in Updated 4th Edition
(Pelham, Alabama) – Whitman Publishing announces the upcoming January 23, 2018, release of the newly expanded, updated, and revised fourth edition of Carson City Morgan Dollars, by professional numismatists Adam Crum, Selby Ungar, and Jeff Oxman. The 160-page hardcover book will be available from booksellers and hobby shops nationwide, and online (including at www.Whitman.com), for $24.95.
The fourth edition has been updated with new historical photographs; revisions from ongoing research; current coin values; and market commentary. In addition, it has been expanded with 24 more pages of content, including a photographic gallery of the Carson City Mint with government and other images dating from the 1800s to today; an illustrated study by Q. David Bowers of other coins minted at Carson City; and a historical snapshot of Morgan dollar prices and research from the late 1940s.
The history laid out in Carson City Morgan Dollars begins with a worker’s accidental discovery of gold in California in 1848-an event quickly followed by the great California Gold Rush. The authors describe the challenges faced by adventurers in the ensuing scramble for precious metal; the Nevada silver boom of the late 1800s; the birth of the Carson City Mint, the struggles to keep it up and running, and its coinage from 1870 to 1893; and related historical topics.
“Among coin collectors, the Carson City Mint is most famous for its gold pieces and, even more so, its Morgan silver dollars,” said Whitman publisher Dennis Tucker. “Collectors can immerse themselves in the detailed market information and practical advice shared by the authors. And even non-collectors will find it to be a fascinating history book.”
Mark Twain, William Jennings Bryan, “Silver Dick” Bland, Kit Carson, the Donner Party, Abe Lincoln, Brigham Young, and other famous Americans make their appearances in the story of the Carson City Mint. Another “main character” is not a person but a gigantic hoard of coins: millions of Treasury-bagged Carson City silver dollars brought out of storage in the 1970s and sold to lucky collectors by the General Services Administration. The authors describe the government’s sales of these coins, and their dramatic effects on the hobby.
Carson City Morgan Dollars gives detailed advice on ways to collect and enjoy these popular coins:
- Each coin-by-coin entry has a chart of values in Mint State grades, listing prooflike (PL) and deep-mirror prooflike (DMPL) values separately.
- Each “generic” (non-VAM variety) coin has a “By the Numbers” chart, which gives its original mintage, researcher Leroy Van Allen’s published estimate of the quantity in the GSA hoard, rarity rankings for GSA and non-GSA examples, and other useful facts. “Overall Rarity” is the total number of coins estimated to exist for the issue, based on the number found in the GSA hoard, the number certified by professional grading firms PCGS and NGC, the authors’ personal observations of the market, insider information, and auction records.
- A “Condition Census” provides the most reasonable acquisition grade for most collectors. (“Though it isn’t always possible to acquire the highest-graded coins in GSA holders,” the authors note, “it’s still desirable, and fun, to attempt to do so.”)
- “Collector Insights” summarize useful background information on each coin.
- “Variety Notes” supply valuable information on the many die varieties known to exist for Carson City Morgan dollars in GSA holders.
- A “Collector’s Checklist” includes space for collectors to record their purchases and write notes about their coins.
- Illustrated appendices further set the Carson City Mint’s silver dollars in the context of American history and the rare-coin market.
- An index allows the reader to quickly search for terms-from Adams Brick Works to Brigham Young-relating to the Carson City Mint and its silver dollars.
The book’s forewords were written by Coin World editor-at-large Steve Roach and numismatic historian Q. David Bowers, the “Dean of American Numismatics.” Roach calls Carson City Morgan Dollars “a worthy introduction for the new collector and a necessary volume for the specialist,” and Bowers recommends it as a “combination of American history, numismatic research, market reporting, census data, and collector insight.”
By Adam Crum, Selby Unger, and Jeff Oxman; forewords by Steve Roach and Q. David Bowers
ISBN 079484524X
Hardcover, 6 x 9 inches
160 pages
Full color
Retail $24.95 U.S.
Online at https://www.whitman.com/store/Inventory/Detail/Carson-City-Morgan-Dollars-4th-Edition+079484524X
U.S. Mint Video: 2018 Platinum Proof Coin – Life
Sculptor-Engraver Phebe Hemphill discusses her work on the Preamble to the Declaration of Independence 2018 Platinum Proof Coin – Life.
Multi-Billion Dollar Market for U.S. Rare Coins in 2017, Reports Professional Numismatists Guild
(Temecula, California) December 26, 2017 — U.S. rare coins selling for $50,000 or more and those selling for $500 or less generally did well during 2017, according to the Professional Numismatists Guild (www.PNGdealers.org), a nonprofit organization composed of many of the top rare coin and paper money dealers. Four historic, vintage U.S. coins sold for $1 million or more during the year; two at public auctions and two by private transactions.
The PNG estimates the overall U.S. rare coin market in 2017 was between $3.4 and $3.8 billion, not including sales by the United States Mint or bullion coins, such as gold and silver American Eagles.
The aggregate prices realized for U.S. coins sold at major public auctions in 2017 totaled $306,199,305. Two auction houses accounted for nearly 80 percent of the overall total with Heritage Auctions reporting $169,100,000 sold at auction and Stack’s Bowers Galleries at $74,099,305.
Stack’s Bowers sold at auction an 1804-dated U.S. Class I silver dollar for $3,290,000 and a 1794 silver dollar for $2,820,000.
All totals include the buyer’s premium to reflect the actual, full prices paid by winning bidders.
“Over the decades, the rare coin market has moved in cycles,” explained PNG President Barry Stuppler.
“High-grade, historic coins valued at over $50,000 and so-called ‘collector’ coins under $500 generally did well in 2017. Unlike the last few years, there were few old-time collections that came into the marketplace, and some of the investment money that may have gone into numismatic purchases went into the booming stock market and the speculative cybercurrency market,” said Stuppler. “Despite that, demand for extremely rare investor-collector coins rose in 2017.”
The auction firms that responded to the PNG survey are: Bonham’s; Ira & Larry Goldberg Auctioneers; GreatCollections Coin Auctions; Heritage Auctions; David Lawrence Rare Coins (which reported private sales of two coins for $1 million or more); Legend Rare Coin Auctions; Scotsman Coin & Jewelry; and Stack’s Bowers Galleries.
The Professional Numismatists Guild was founded in 1955. PNG member-dealers must adhere to a strict code of ethics in the buying and selling of numismatic merchandise.
For additional information about the PNG and a complete list of member-dealers, visit online at www.PNGdealers.org or call the PNG headquarters in Temecula, California at (951) 587-8300.
U.S. Mint Video: Palladium Bullion Coin
Designer Manager Roger Vasquez from U.S. Mint Headquarters in Washington, D.C., discusses the design and process of making the palladium coin.