Eye Candy: 1804 Original Draped Bust Dollar, Class I BB-304 PCGS PR-62, Mickley-Hawn-Queller Specimen

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Author	Replies: 6 / Views: 1,380
CCFPress Press Manager United States 1420 Posts	Posted 12/12/2020 2:02 pm PCGS - Few collectors have the privilege of seeing their name listed among legendary pedigrees on a PCGS holder, yet Reed Hawn has done just that. A legendary collector whose numismatic background stretches back to the 1950s, Hawn began collecting coins from pocket change at the age of nine. His knack for spotting grade, quality, and eye appeal helped him build among the finest collections ever. Now 71, Hawn reminisces on a colorful numismatic journey that saw him claim some of the rarest minted coins. *Draped Bust Dollar, 1804 $1 Original - Class I BB-304, PCGS PR62, Mickley-Hawn-Queller Specimen.* Read More: Eye Candy Series He sold his first collection at the age of 24 in 1973, bringing record prices and standing-room-only crowds. Then, in January 1974 and still only in his mid-20s, Hawn achieved one of his biggest numismatic dreams in scoring "The King of American Coins," the Class I 1804 Dollar. He bought it for $150,000, which was then the highest price ever paid for an individual coin sold at auction. His specimen once belonged in the United States Mint Cabinet and later went to pioneering 19th-century collector Joseph Mickley. Hawn sold his 1804 Draped Bust Dollar in October 1993, when it was sold to collector David Queller for $475,000. Graded PCGS PR62, that specimen sold again in 2018 for $2,640,000 and now bears the most prestigious pedigree of "Mickley-Hawn-Queller." It's an honor humbly embraced by Hawn, who remains a top numismatic luminary and willingly offers his wisdom to collectors today. He is keen on the old numismatic mantra "buy the book before the coin" and often cites a quote from the 1980 blockbuster film Star Wars Episode V: The Empire Strikes Back, in which Yoda says "Do. Or do not. There is no try." Read the Entire Article Report this Post to the Staff

GrapeCollects Pillar of the Community United States 8938 Posts	Posted 12/12/2020 2:09 pm Not gonna lie, not a fan of this coin. It's a PF58, but it'd kill them to put an 1804 Dollar in a holder with a circulated grade. The eye appeal is meh and from the people I've talked to who have seen this example in hand the mirrors aren't exactly flashy. Report this Post to the Staff
Sharkman Valued Member United States 460 Posts	Posted 12/12/2020 2:13 pm Still... to have the pedigree... Report this Post to the Staff
Coinfrog Bedrock of the Community United States 94367 Posts	Posted 12/12/2020 2:15 pm Typical hyped TruView photos? Report this Post to the Staff
Earle42 Bedrock of the Community United States 10034 Posts	Posted 12/12/2020 2:51 pm Quote: Few collectors have the privilege of seeing their name listed among legendary pedigrees on a PCGS holder Tooting their own horn much? A PCGS article starts out assuming readers see it as a "legendary" honor to have their name on a PCGS holder. Good marketing department since its likely few readers take the time to think about that statement and it just gets stored in the brain. I have talked extensively in the past with two former graders/dealers who were both trained and worked as "professional" graders. Both men, independent of each other, not at the same time, not knowing each other, and from different states, told me the same story. They quit working at grading companies for fear their own reputations as respected dealers would be tarnished if people found out the facts of how the grading was actually being done at the time vs. company claims. And, to be fair, I do not know how long ago this was either. And since writing in a post cannot show the mood the writer is in... This post is just factual and not meant to be flaming the company...just pointing out a marketing/thinking point being made. I say an honest congratulations to Mr. Hawn! Obviously he deems the situation as something important/desirable, so good for him! How much squash could a Sasquatch squash if a Sasquatch would squash squash? Download and read: Grading the graders Costly TPG ineptitude and No FG Kennedy halves https://ln5.sync.com/dl/7ca91bdd0/w...i3b-rbj9fir2 Edited by Earle42 12/12/2020 2:52 pm Report this Post to the Staff
sel_69l Bedrock of the Community Australia 21786 Posts	Posted 12/12/2020 5:47 pm Some healthy cynicism I see? Still, it's nice to see a good 1804 Dollar that I know is genuine, even though it's only an image on my computer screen. Report this Post to the Staff
jbuck Moderator United States 187702 Posts	Posted 12/13/2020 12:43 am Good to see there is less competition. Maybe that will bring the price down within reach. Coin Collector Since 1978 Avatar Old Avatar 7070 Eisenhower Australia Canada World CCF Members on eBay CCF eBay Search Engine Report this Post to the Staff
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