A local newspaper in New Orleans area writes about Paul Hollis, the dealer who (with a client) loaned the rare gold coin for display at the New Orleans Mint Museum.Paul Hollis has gotten accustomed to traveling with security guards flanking his sides.
No, he is not a movie star or significant political figure or the ruler of a nation… he’s in the coin business, and he’s your neighbor.
Rare coins may not be his name but collecting them certainly is the Mandeville resident’s game.
It all began at the ripe old age of 6 when Hollis’ grandmother presented him with his first coin. It was all it took for him to fall in love with coin collecting.
During his stint in New Orleans, the Metairie native traveled the nation and the world in search of rare coins. He also played a role in trading some of the most precious coins, including the 1913 Liberty nickel (only five were ever created), the 1804 dollar (more than a dozen known to exist), and the 1907 Ultra High Relief Saint Gaudens coin where only about two dozen are known to exist. Each coin traded for over a million dollars.
Today, Hollis runs his own company, Paul Hollis Rare Coins, with numerous high-dollar clients that include celebrities.
He’s also one of the leading authorities on 2,000-year-old coins that circulated during the time of Jesus Christ. With the large network of suppliers and contacts that are continuing to unearth the ancient coins in Jerusalem, Hollis is able to sell the currency at reasonable prices.
In 1844 the New Orleans mint struck a single ten-dollar gold coin proof known today as the 1844-O proof. Believed to be a gift for the incoming southern president, the coin went to auction in 1911 and sold for $50. Eighty years later it resurfaced and was finally traded to its current owner in 2006 for $1.5 million.
On loan from his client, Hollis is exhibiting the proof, insured for $2.5 million, at the historic New Orleans Mint till Jan. 18.
To read the complete article, see: Local coin collector leading authority on ancient coins (http://www.thesttammanynews.com/articles/2008/12/15/
Wayne Homren, Editor
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