Legend Rare Coin Auctions Market Report—August 11, 2017

We have A LOT to report this week, starting with a recap of the ANA show. The public traffic was admittedly slow—however those that came by our table came to do business. By the end of the show, we had accepted over $800,000 in consignments for our upcoming Regency Auction XXIII, including a really neat group of coins from a long time Legend Numismatics customer. We can already say, with about three weeks left before we close the auction, that this sale will rank in the top 3 LRCA auctions to date!

At our table we displayed selected highlights from the sale, including the Crow River Collection, the current #2 PCGS Registry Set of $10 Indians. What a great set—nearly every coin is a GEM, ALL are PCGS, and most are CAC! Generating the most attention from attendees were the Eliasberg-Coronet 1892-S Morgan in PCGS MS67 CAC and the Vermeule-Coronet 1893-S Morgan in PCGS MS67 CAC. We are proud to offer two of the RAREST and most valuable Morgan dollars that exist, anywhere! We will be making more announcements as consignments are processed and cataloged. Rest assured that you will want to participate in this sale! We are still accepting consignments so contact Julie Abrams at julie@legendauctions.com or Greg Cohen at greg@legendauctions.com or call the office at 732-935-1168.

The August Premier Session Internet Only Auction closed last night, seeing very active bidding, since the moment it opened we saw lots of bidding from lots of new collector clients. We are so happy to see these coins find themselves in new collections, including several international cabinets.

Each sale we see many new bidders, which just goes to show you that Legend Auctions is GROWING. As we continue to grow, we want you to know that what you have come to expect from Legend Auctions, high quality rare coins and the finest in personalized customer service will continue, and we will continue to do so WITHOUT raising our fees. After the two big firms recently announced the raising of their buyer’s premiums to 20%, we have decided that we are going to remain at 17.5%. Our lower overhead allows us to keep the 17.5% BP and stay competitive in terms of our commission rates.

As always, we are accepting consignments for all of our upcoming auctions. Our next Premier Sessions Internet Only Auction and Regency Auctions have room for a few more CHOICE consignments, as space is very limited in both. If you have any coins that you might be interested in consigning, call us today! Consignments for the September Premier need to be in house no later than Friday, August 18, as the sale will go live the week of September 4. We will be accepting consignments for the Regency Auction XXIII through the end of the upcoming Long Beach Show. If you are planning ahead, the final major auction of 2017 is our Regency Auction XXIV taking place on December 14. To consign, call us TODAY at 732-935-1168 or email Julie Abrams at Julie@legendauctions.com or Greg Cohen at greg@legendauctions.com.