FAQs

Why do I need to register?

Bidding is considered a contract between you as the bidder and the auction house, therefore you need to register to agree to the terms and conditions of the sale to bid on items. You must register for each sale because there can be multiple sales occurring at the same time and by registering you confirm which sale you will be bidding on. To register to bid, request a hardbound Regency Auction catalog, or obtain any additional information about registering, please call 732-935-1168.

How can I preview the coins in a current Legend auction?

Auction preview is offered at the PCGS Members Only Shows prior to each Regency sale and the major nationwide numismatics shows as the schedule allows. Private preliminary auction previews are also available, by appointment only, contact a representative at 732-935-1168.

Is there a preferred time of year in which to sell?

No, if the coins are in good condition and fresh to the market they will do well in our sales no matter what time of year it may be.

How can I bid in your sales?

We offer multiple bidding options:

Live Bidding

Attend the sale in person after registering for the auction and receiving a bid card number.

Absentee Bidding

Collectors who cannot personally attend the auction can conveniently bid on items from anywhere in the world via their choice of mail, telephone, e-mail, fax, mobile app for IOS or Google Play, or "real-time" Internet bidding & Absentee bidding through www.LegendAuctions.com.

Phone Bidding

If you cannot make it in person we will call you to facilitate bidding by phone during the auction. During your phone bid you will hear the auction and the timing of the sale (the auctioneer does approximately 80 – 100 lots per hour). Simply call 732-935-1168 or fill out an online Phone Bid Form. Phone lines are limited, so please be sure to arrange a phone line at least 24 hours prior to the start of the auction. Need additional help, call 732-935-1168 for more information.

How do I know if my bid on an item has been successful?

LRCA notifies successful bidders within 24 hours of the sale by e-mail.

Is there a buyer’s premium?

A 17.5% buyer’s premium will be added to the hammer price of each lot, to be paid for by the buyer as part of the purchase price.

Do you accept credit cards?

We accept payment by Visa, MasterCard, or Discover for invoices up to $2,500. We regret to inform our customers but we cannot accept payment by credit card for invoices over $2,500.

How do I pay for my invoice?

All merchandise must be paid for in full within 10 days of the date of the sale. We accept: Visa, MasterCard, Discover, personal checks, certified checks, wire transfers, money orders, and cash (see section titled "Buyer’s Premium" under "Guide for Buyers"). Make checks payable to: Legend Rare Coin Auctions. LRCA reserves the right to hold items paid for by personal check until said check clears. Call 732-935-1168 to pay your invoice by phone.

Why would I choose Legend Rare Coin Auctions over any other auction house?

Legend Rare Coin Auctions offers options for selling your coin collections. We can buy a collection out right or take coins on consignment for two types of auctions: The Regency Auctions or Premier Sessions. Our auction company can handle everything from an entire collection to a single coin and make sure that the coins are placed in the sale most suitable to bring the best prices realized. Through every step of the auction process, our team strives to deliver the uncompromising level of care your collection deserves.

Click here for more reasons Why Consign.

Are consignments insured?

Yes, all items are fully insured. Once we have the items in our possession, they are insured until the day they transfer to the new owner (auction buyer).

How quickly do you pay your consignors?

Legend makes prompt consignor payouts after each auction.

Where do you promote your sales?

LRCA has maximum national exposure in all the "right" places via our comprehensive advertising, social media, and publicity campaigns. Our extensive database of buyers will guarantee record prices and awareness of the sale of your items. When it comes to promoting your collection, we spare no expense. Legend attends and promotes at 14 major coin shows annually.

What are some of the features that set Legend Rare Coin Auctions apart from other auction houses?

LRCA is not just all about the seller. We strongly believe a happy buyer makes a happy seller. Holding auctions that are easy to participate in and have fresh to the market offerings is our goal. We strive to make our sales events exciting and fun. Unlike most auction houses, LRCA has been on the "other side" as both a buyer and seller, so we know how auctions should be run. You will find that we offer a no-pressure environment and friendly full-service staff. As a boutique-style auction, we are more accustomed to personal service and care of your collection.

Where are your sales held?

Our Regency sales are held in conjunction with the PCGS Members Only Shows at various locations throughout the year. Legend currently holds five (5) Regency Auctions a year as the exclusive auction house for PCGS Members Only Shows. See our schedule for upcoming auctions for location details and dates. All auctions are open to the public and are free of charge. Legend also offers online only, Premier Session Sales which do not have a physical location.

Whom do you use to provide catalog descriptions and estimates for your sales?

We employ a team of experts in the numismatic field whom we consider are noted authorities in the industry. When it comes to high-end and world class rarities we believe our experts have the greatest knowledge and best reputation within their field to ensure accurate and trustworthy descriptions and estimates. They have access to the most current industry pricing and grading companies.

To whom do you send mailers and catalogs?

We utilize an extensive mailing list that is categorized by specific collecting interests and updated daily. This comprehensive database includes an A-list of buyers and sellers that we have accumulated from our years of business and marketing efforts.

You are now being redirected to the Morphy Live auction platform. Please press continue to watch the auction or bid live.