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Commems Collection Classic: Collecting Collectors - Jimmy Hayes

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CCF Master Historian of USA Commemoratives
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commems's Avatar
United States
12251 Posts
 Posted 08/15/2023  07:28 am Show Profile   Bookmark this topic Add commems to your friends list Get a Link to this Message Number of Subscribers
Part of my collecting of US commemorative coins involves the collecting of auction catalogs of noteworthy collections; I've written before about a couple of them.

Here, I am writing about a Stack's auction from October 22, 1985. It was the auction for "The Jimmy Hayes Collection of United States Silver Coins;" it was a relatively small catalog. The auction catalog's cover noted the milestone auction of the company: "Stack's 50th Anniversary Sale."

Jimmy Hayes Collection of United States Silver Coins Catalog Cover
Commems-Collection-Classic:-Collecting-Collectors---Jimmy-Hayes

James Allison "Jimmy" Hayes was born on December 21, 1946 in Lafayette, Louisiana. He received his BA from the University of Southwestern Louisiana in 1967 (today known as the University of Louisiana at Lafayette) and his JD from Tulane University in 1970. He served in the Louisiana Air National Guard from 1968 to 1974, achieving the rank of Sergeant.

Jimmy Hayes (circa early 1990s)
Commems-Collection-Classic:-Collecting-Collectors---Jimmy-Hayes
(Image Credit: US House of Representatives Collection. Public Domain.)

He began his political career in 1986 when he was elected to the US House of Representatives as a Democrat and served in the 100th, 101st, 102nd and 103rd Congresses. He switched parties and was elected to serve in the 104th Congress as a Republican. All told, he served from January 3, 1987 to January 2, 1997. Considering the timing, I can't help but to wonder if the auction was used to raise funds for Hayes' initial election campaign.

The catalog states: "Jimmy is well known as a collector of the finest coins of the United States. His interest in collecting started in 1958 and his collection has since become legendary."

Hayes assembled a Type Set of classic-era silver commemorative coins that is described in the catalog thusly: "The coins are marvelous as far as their condition are [sic] concerned, however, what singles out this collection is the kaleidoscope of color on every coin. The collection took Jimmy Hayes decades to complete."

Unfortunately, only the Lafayette Dollar and Hawaiian (European) Discovery Half Dollar are photographed in color - all of the other coins in the collection are illustrated via black-and-white photographs so the attractiveness of any toning present is lost. The collection was assembled in the pre-grading service era (ANACS was active at the time, but not eventual industry leaders PCGS and NGC) and was thus offered "raw" with adjectival grading descriptions. The 1922 Grant, 1923-S Monroe, 1926 Independence Sesquicentennial, 1928 Hawaiian and 1935 Hudson half dollars were graded "Choice Uncirculated" while all other coins received a "Gem Uncirculated" grade.

Jimmy Hayes Lafayette Dollar
Commems-Collection-Classic:-Collecting-Collectors---Jimmy-Hayes


For other of my posts about commemorative coins and medals, including more on noteworthy collectors, see: Commems Collection.




Collecting history one coin or medal at a time! (c) commems. All rights reserved.
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nickelsearcher's Avatar
United States
15386 Posts
 Posted 08/15/2023  08:25 am  Show Profile   Bookmark this reply Add nickelsearcher to your friends list Get a Link to this Reply
There seems to have been a relatively short 15 years between awarding of his JD (1970) and the Stack's sale (1985).

How does one accumulate the wealth necessary to acquire such a renowned collection in such a short period of time?
Take a look at my other hobby ... http://www.jk-dk.art
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Coinfrog's Avatar
United States
94367 Posts
 Posted 08/15/2023  09:57 am  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
He may have come from money, we can't be sure.
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jbuck's Avatar
United States
187565 Posts
 Posted 08/15/2023  2:00 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
Very interesting!


Quote:
How does one accumulate the wealth necessary to acquire such a renowned collection in such a short period of time?

Quote:
He may have come from money, we can't be sure.
His collecting interest started in 1958. I too have to believe his family had the means to support his hobby.
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Morgans Dad's Avatar
United States
5601 Posts
 Posted 08/15/2023  10:21 pm  Show Profile   Bookmark this reply Add Morgans Dad to your friends list Get a Link to this Reply
A Great Read, Thanks COMMEMS.....
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