-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 J6GTAeSdSKNIDZ3v+uIXIJ5kUPDJmzqCS9B7lOg1xx/HpwSSG9iD9fMtL22QHK/W
 +OrCAkhCanJSybc9CyuM4g==

<SEC-DOCUMENT>0001209191-04-023253.txt : 20040503
<SEC-HEADER>0001209191-04-023253.hdr.sgml : 20040503
<ACCEPTANCE-DATETIME>20040503172057
ACCESSION NUMBER:		0001209191-04-023253
CONFORMED SUBMISSION TYPE:	3
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20040427
FILED AS OF DATE:		20040503

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			DANIELSON HOLDING CORP
		CENTRAL INDEX KEY:			0000225648
		STANDARD INDUSTRIAL CLASSIFICATION:	FIRE, MARINE & CASUALTY INSURANCE [6331]
		IRS NUMBER:				956021257
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		767 THIRD AVE 5TH FL
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10017
		BUSINESS PHONE:		2128880347

	MAIL ADDRESS:	
		STREET 1:		767 THIRD AVE
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10017-2023

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	MISSION INSURANCE GROUP INC
		DATE OF NAME CHANGE:	19900826

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	MISSION EQUITIES CORP
		DATE OF NAME CHANGE:	19770921

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Horowitz Jeffrey R.
		CENTRAL INDEX KEY:			0001289062

	FILING VALUES:
		FORM TYPE:		3
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-06732
		FILM NUMBER:		04774500

	BUSINESS ADDRESS:	
		BUSINESS PHONE:		312-466-4030

	MAIL ADDRESS:	
		STREET 1:		TWO NORTH RIVERSIDE PLAZA - SUITE 600
		CITY:			CHICAGO
		STATE:			IL
		ZIP:			60606
</SEC-HEADER>
<DOCUMENT>
<TYPE>3
<SEQUENCE>1
<FILENAME>boc85148_01jrh.xml
<DESCRIPTION>MAIN DOCUMENT DESCRIPTION
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0202</schemaVersion>

    <documentType>3</documentType>

    <periodOfReport>2004-04-27</periodOfReport>

    <noSecuritiesOwned>1</noSecuritiesOwned>

    <issuer>
        <issuerCik>0000225648</issuerCik>
        <issuerName>DANIELSON HOLDING CORP</issuerName>
        <issuerTradingSymbol>DHC</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001289062</rptOwnerCik>
            <rptOwnerName>Horowitz Jeffrey R.</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>TWO NORTH RIVERSIDE PLAZA, SUITE 600</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>CHICAGO</rptOwnerCity>
            <rptOwnerState>IL</rptOwnerState>
            <rptOwnerZipCode>60606</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>1</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle>President and CEO</officerTitle>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable></nonDerivativeTable>

    <derivativeTable></derivativeTable>

    <remarks>No securities beneficially owned.</remarks>

    <ownerSignature>
        <signatureName>/s/ Jeffrey R. Horowitz</signatureName>
        <signatureDate>2004-04-28</signatureDate>
    </ownerSignature>
</ownershipDocument>

</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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