Legend Rare Coin Auctions’ 20th Regency Auction Brings Powerful Results

(Lincroft, NJ—1/27/17)—With 296 lots of hand-selected rare coins, Legend’s Regency Auction XX, the official auction for the PCGS Members Only Show, saw strong bidding in several areas, and although smaller in size than recent offerings, Regency XX realized impressive prices and the small boutique auction style continue to draw large numbers of serious bidders.

The sale opened with the first part of the Bob Simpson Collection of Standard Silver Patterns. This selection of 85 coins from Mr. Simpson’s main line collection. Bidding was active from collectors both in the room, on the phone, and online. “Never before has an offering this large or of this quality (most were pop 1, finest known) ever been offered in auction,” explained Laura Sperber. “The prices realized reflected the historic nature of the presentation. And we are proud that 100% of the patterns were bought by collectors. It was exciting to see the extremely enthusiastic bidding—especially in a series that has been overlooked for so long!”

Following the patterns, regular issue federal coins were sold, which saw aggressive bidding throughout. The momentum continued into the third offering of monster toned dollars from the Northern Lights Collection. As in Parts 1 and 2 of this remarkable collection, they realized extraordinary prices. “The Northern Lights Collection strength of the prices on the selection of 16 pieces were mind boggling, many brought beyond moon money! I could not believe all the bidders, and especially the new bidders who were vying for these incredible pieces.” exclaimed Laura Sperber. “With these results, LRCA continues to dominate the color dollar market.”

“The market continues to improve, and the results in Regency XX reflects that improvement,” explained Julie Abrams, president of LRCA. “Numerous new bidders came into the auction with the intention to buy, and they did, driving strong prices throughout the sale, particularly in the Simpson Pattern and Northern Lights Collections, but as you will see with the list of highlights below, strong prices were realized throughout.”

Among the highlights, the following lots were standouts:

Lot 95 1/2C 1793 PCGS XF40. Realized: $19,387.50

Lot 103 1C 1857 Flying Eagle. PCGS PR65 CAC. Realized: $37,600

Lot 117 3CS 1859 PCGS MS67 CAC. Realized: $12,337.50

Lot 147 10C 1885 PCGS PR67+ CAM CAC Ex Simpson. Realized: $6,768.75

Lot 159 20C 1875 PCGS MS65. Realized: $7,343.75

Lot 205 $1 1795 Centered Draped Bust. PCGS AU50 CAC Ex Hesselgesser. Realized: $16,450

Lot 210 $1 1864 PCGS PR66 CAM CAC. Realized: $47,000

Lot 233 $1 1881-S PCGS MS66 PL CAC “Freckles” Ex Northern Lights Collection. Realized: $23,500-A world record.

Lot 226 $1 1885-O PCGS MS66+ CAC “Screaming Wow” Ex Northern Lights Collection. Realized: $19,387.50-A world record.

Lot 257 $50 1851 Humbert . Reeded Edge, 880 Thous. PCGS AU50. Realized: $61,687.50

Lot 277 $5 1907 PCGS MS66 CAC. Realized: $6,756.25

Lot 291 50C 1922 Grant With Star. PCGS MS67 CAC. Realized: $42,300

Legend Rare Coin Auctions has four more exciting Regency Auctions in 2017, with Regency Auction XXI coming up next, being held on May 18 at Harrah’s in New Orleans. Already on hand are the Bob Simpson Collection of Standard Silver Patterns, Part 2 and Part 4 of the Northern Lights Collection. We are now accepting consignments for that excellent sale. The consignment deadline is March 24, so be sure to contact either Julie Abrams or Greg Cohen before then to discuss your coins. Remember, the Regency Auctions are limited to 500 hand selected rare coins. “Collectors and other numismatic enthusiasts appreciate the boutique style of the Regency Auctions. Consignors appreciate that their coins won’t be included with several examples of the same date and grade; and bidders like that they don’t have to sift through a phone book sized listing to locate coins of interest,” said Greg Cohen, Senior Numismatist for LRCA, recalling conversations from clients. “If you have quality rare coins that you are in the market to sell, do what leading collectors from Bob Simpson, to Gerry Forsythe, to David Hall have done: consign to Legend Rare Coin Auctions. Let us do for you what we have done for those illustrious collectors, and hundreds of other consignors!”

For more information, including upcoming events (next up are the Long Beach Expo and our February Premier Sessions Internet Only auction, closing on February 23), and consignment deadlines, please go to www.legendauctions.com.