Alan Hager - not off-topic exactly, just weird . . .

[bh3443]

Ghost (my favorite FB movie!) that was a creepy video! You wonder if the dude sleeps with his coins!
I've heard of single guys that refer to their collection as family, but this is insane. He loves his error coin!

[barrysloate]

I used the fast forward button too. What was the point of that video? Was I supposed to get aroused?

[bh3443]

Barry, didn't Hager invent the holder that PSA uses? He holds pattern on it, I believe its called the arrowhead holder.
And a quote from his big book, "Like most movers and shakers, Alan is prone to controversy".......
Please comment on that!

[barrysloate]

I do remember he was among the first to promote graded coins, and I've heard he has some kind of patent on the slabs, but I can't confirm. And the cent on a dime planchet (or vice versa) is a rare error but they are documented in the Red Book. The listed value for one in the 2009 edition is $1500.

[D. Bergin]

I actually just found my 1995 6 Sport Guide by Hager I was given at a show way back when.

The price guide was useless but it actually came in handy as a reference guide for a lot of non-baseball sports cards that didn't get a lot of coverage at the time, including many foriegn issues.

[slidekellyslide]

I used to collect coins and I'd often post to the rec.collecting.coins usenet group. I quickly learned that if you said anything bad about Hager that he or his wife would send emails threatening a lawsuit. Here's a link that details the lawsuit:

http://www.swcgs.com/ASA_v_ANA.html

His lawsuit actually described a usenet group as a "collecting club" sanctioned by the ANA! HILARIOUS!!!....I'm not sure how I avoided being named...I guess I was just lucky.

[barrysloate]

Dan- do you know the resolution of that suit?

[slidekellyslide]

Originally Posted by barrysloate

Dan- do you know the resolution of that suit?

I think it was settled out of court, but I don't really recall because as my interest in coins was waning so was my participation in RCC.

[uffda51]

Originally Posted by barrysloate

I do remember he was among the first to promote graded coins, and I've heard he has some kind of patent on the slabs, but I can't confirm. And the cent on a dime planchet (or vice versa) is a rare error but they are documented in the Red Book. The listed value for one in the 2009 edition is $1500.

So if the "book" value of this coin is $1500, how would we describe the asking price of $10 million? Aggressive? Inflated? Optimistic? Ahead of its time?

[Mark]

It's surely a proof version of the error. Worth billions.

[HRBAKER]

Originally Posted by uffda51

So if the "book" value of this coin is $1500, how would we describe the asking price of $10 million? Aggressive? Inflated? Optimistic? Ahead of its time?

Sounds like it would fit in nicely as a featured Buy It Now item on ebay.

[Jim VB]

Originally Posted by HRBAKER

Sounds like it would fit in nicely as a featured Buy It Now item on ebay.

Sounds like it's part of a carefully crafted IRA (Immediate Retirement Account.)