Gary - I don't know exactly where this stand is, but if it is in SE MN, then it is on the edge of the range for both red and white pine. My guess is that they wanted pine, but weren't entirely sure how either would do in the long run. The white pine could get hit by weevil or eaten by deer before they even grow while the red pine might produce nothing but oxbowed trees since they might not be on a good site.
Obviously neither of those entirely came true, but from your description it sounds like they may have had some issues with red pine early on but overall they seem to be doing fine.
For estimating the age of red pine, start at DBH (4.5') and count the whorls above that including the leader, add 8 to this and you will be within one or two years of the actual age of the trees. From what I see I would call this stand ~30 years old, but you had a better view of it then me!
Clark