Legend Rare Coin Auctions Market Report–October 6, 2017

Welcome to the October Premier Sessions Internet Only Auction. The sale contains 146 lots, and the focus is on QUALITY! Each coin was hand selected by either Greg Cohen or Laura Sperber, evaluated not just on merits of value, but also eye appeal and technical quality. You really will love this sale—it truly is a mini-Regency Auction! In the opening 12 hours, we have had seen large numbers of registrants—a number usually seen on in the same period for a large Regency sale, NOT an internet auction, and they are already placing serious bids!  We broke six figures in bids faster then any other Premier Sessions Sale we have ever done. Be sure to get your bids in ASAP, the sale closes on October 12, beginning at 10pm eastern. Remember, our Premier Sessions sales are subject to a 10% buyer’s premium.

Speaking of SERIOUS bidding, our Regency Auction XXIII is now into its second week of bidding and over $4,000,000 in bids have been placed! We have had a lot of interest from people wanting to view coins. We have had more people set up appointments to view in house and interest in our first ever special west coast viewing in conjunction with the Public Friday event that PCGS is running on October 13. We are certain that there will be records broken throughout the auction. In speaking with many west coast players to set up appointments at the Public Friday event, most said they are making the trek to Philadelphia for the auction and will be participating in person. From the conversations we have had, we think this show will be just as well attended by serious collectors than the Baltimore Expo being held two weeks later!  IMPORTANT NOTE: While the PCGS show is a great to attend, we strongly advise you do so Thursday-Friday is lot pick up and coin pick up and not much else happens. 

 Time is running out to discuss any lot previews by mail and any terms regarding payment for coins in the Regency Auction. It is always advised to discuss terms well in advance. Even if you do not end up spending as much as anticipated, talk to us BEFORE you bid. As collectors at heart, we want you to be able to buy the coins you want for your collection, and we are always willing to work with you.  And please note, we are keeping our buyer’s premium at 17.5%!

Consignments are starting to flow into the office for the final auctions of 2017. We have a collection of Carson City Morgan dollars, including an 1889-CC in PCGS MS63 already in house, and we are working on a number of neat deals ranging from a few GEM pieces to a few really cool collections, details of which will come out once they are ready. If you have coins to sell in 2017, be sure to consign to the December Regency Auction XXIV. We will be taking last call at the Baltimore show, but we are open and taking consignments now. Please call or email us today to discuss! LRCA has PROVEN to get the top prices for top quality coins in a high end, boutique style venue. Our rates are very competitive, and we offer great terms on cash advances too!