Bidding is at a record pace for our 26th Regency Auction. Already thousands have viewed the lot listings. One six-figure coin has already had its reserve hit, and multiple five-figure coins have as well. The two biggest coins hit so far did so within 24 hours of the auction being open for online bidding! In addition, as of this writing, we have had 200+ NEW first time registrants helping the eye balls already reach as many as we had for several sales last year.
There is extremely strong demand for quality rare coins! This has been evident with the number of requests for mail inspections, appointments at our April 19 lot viewing at PCGS Headquarters in Orange County, California, and folks requesting for specific lots to be brought to Central States next week. NOTE: if you would like to see specific lots at CSNS, contact us no later than SUNDAY NIGHT! If you are on the east coast, and would like to view lots, we are conducting a lot viewing session in New York City on Friday, May 4. Contact us for more information or to RSVP.
THE APRIL PREMIER SESSIONS SALE-NOW OPEN (closes 9 PM EST April 29th).
The April 2018 Premier Session is now online and open for bidding. With 135 lots of hand selected, high quality rare coins, you will certainly find a coin or two at least to fit your collecting interest. Be sure to view the offering and get your bids in before the sale closes on Sunday, April 29!
We are now accepting consignments for our July Regency Auction! To discuss your collection, contact either Greg Cohen or Julie Abrams about your coins! We would love to work with you. You can reach Greg at the office at 732-935-1168 or Julie at 845-430-4378. We already have many great coins consigned, including a collection of Morgan dollars and part 2 of the Steven Cook Pattern Collection. Regency Auction 27 will certainly be another one for the record books and you definitely want to be a part of it! Note, we are always accepting consignments for our Premier Sessions Sales as well!
NOTE: Our Premier Sessions buyers fees are only 10%. Our Regency Sale buyers fees are still 17.5%. We see no need to change them!
We have finished cataloging the Regency Auction 26. This landmark event features over 850 lots! The sale is in its final order online and you can preview the descriptions and images, bidding begins on Monday, April 16. We are still proof reading and editing, and images still need to be posted. Our beautiful catalog is now being laid out and will be heading off to the printer at the end of next week. We know there is going to be strong interest—there are thousands of views already!
Here are some dramatic highlights of the sale. In our opinion these are some of the coolest pieces!
Lot 4 $1 1802/1 Close Date. PCGS AU55 CAC
Lot 89 $1 1891-O PCGS MS65 DMPL CAC From the PFM Collection, ex Jack Lee
Lot 229 $1 1934-S PCGS MS66 CAC From the Crow River Collection.
Lot 269 25C 1900-O PCGS MS67+ GOLD CAC From the Premier Barber Collection
Lot 287 50C 1921 PCGS MS65+ CAC From the Premier Walker Collection, ex Newman
Lot 329 1C 1881 PCGS PR66 RD CAM CAC From the Aurora Borealis Collection
Lot 353 1C 1914-D PCGS MS66+ RD
Lot 387 3CN 1865 PCGS PR67 DCAM From the David Poole Collection
Lot 467 H10C 1859 PCGS MS68+ CAC
Lot 474 10C 1836 PCGS MS67+ CAC
Lot 509 25C 1867-S PCGS MS67 CAC
Lot 594 50C 1941 PCGS MS67+ CAC From the Dale Larsen Collection
Lot 651 50C 1923-S Monroe. PCGS MS65
Lot 711 $5 1871-CC PCGS AU58 CAC Ex Oak Crest Collection
Lot 747 $20 1861-O PCGS AU53 CAC
Lot 765 G$1 1852 J-148. PCGS PR64 CAC From the Steven Cook Collection of Patterns, Part 1
Next week, we will give you another list of highlights! Now is the time to start making your plans. If you need to preview lots by mail, let us know NOW. If you need to work out payment options, or would like to phone bid, the earlier you have those arrangements made the better.
LAST CALL FOR consignments to the April Premier Session! Contact us today to include your coins! Already we have a very impressive array of hand selected RARE coins! We need all coins in house no later than Monday, April 16.
This week was extremely busy here at LRCA. Early in the week we broke down the final consignments for the Regency Auction 26. As the final cataloging is being completed in the following days, we are AMAZED by the size and scope of the sale! We are offering our LARGEST sale ever! Featuring 858 lots, the Regency Auction will be featuring the following collections:
The Aurora Borealis Collection, Selections of Toned Proof Indian Cents and Toned Morgan Dollars
The P.F.M. Collection of Morgan Dollars, the current #6 set of Mint State Morgan Dollars on the PCGS Set Registry
The Crow River Collection of Peace Dollars
The Premier Collection, including selections of Proof Barber Dimes, Mint State Barber Quarters, Walking Liberty Half Dollars, and Toned Morgan Dollars
The Steve Cook Collection of Patterns, Part I
The David Poole Collection of Proof Three Cent Nickels
The Dale Larsen Collection of Toned Walking Liberty Half Dollars
The Oak Crest Collection of Carson City Half Eagles
The first session, billed as “Dollar Day” is already lotted. Images are in the process of being uploaded to our website. We will have the sale open for bidding around April 16, but you can go on and look through the list and watch lots of interest. Clearly with a sale as large as this, there will be something for everyone!
As we are finishing the Regency Auction 26, consignments have been pouring in for the April Premier Session. This sale will feature amazing toned Proof Indian Cents from the Aurora Borealis Collection. We already have close to 100 lots in house and will be taking consignments for the next 10 days or so. Check our previous Premier Sessions and see what makes them totally different than ANY other internet based auction. They really are mini-Regency Auctions!
We are also now open for consignments for the July Regency Auction 27. Talk to us TODAY to consign!
The March Sessions Sale is now posted for bidding, featuring 142 hand selected lots. Bidding concludes Sunday, March 25 and there will be something for everyone in this sale. From high quality large cents to serious collector oriented Bust half dollars to beautiful toned dollars to better gold. The highlight of the sale include a trio of High Relief double eagles in PCGS AU58 to MS63. Also of interest is a choice AU 1836 Reeded Edge half in NGC AU55 CAC. There really is something for everyone.
LAST CALL FOR MAY REGENCY AUCTION 26! We are closing the sale to consignments at Baltimore. We will have close to 750 lots in this sale. It will be a MAJOR numismatic event! Consignments have been pouring in. From early type to rare date gold, monster toned Morgan dollars to specialized sets we know there will be huge participation. We have been previewing the sale as consignments get uploaded. If you have not yet checked it out, do so. Make plans to attend!
This week we were consigned the Steven Cook Collection of Pattern Coins. This collection, assembled over the last 15 or so years contains about 170 pieces, and will be sold in two parts, the first selection will be offered in Regency Auction 26 and the second will be in the July Regency Auction 27. Stay tuned for details.
Also this week we were consigned a SUPERB partial collection of AMAZING GEM Barber quarters! The Premier Collection of Mint State Barber Quarters will certainly draw serious attention from collectors in May. Each coin is graded MS66 to MS67+ and all are PCGS/CAC. Again, stay tuned for details.
As you can see the May Regency Auction will be our largest and most diverse offering ever! Plan to participate!
This week’s report is being written while part of the LRCA team is still at the ANA National Money Show in Texas. Activity at the show for us was surprisingly busy with some very cool consignments obtained. Once the coins are processed we will give some more detail to the highlights.
The next event for us is the opening of the March Premier Session Auction. The sale will go live on Thursday, March 15, and we are very pleased to announce the following highlights. This list is short and no means complete as to the great coins that are consigned. They include:
1C 1821 PCGS AU58 CAC
1C 1824 PCGS MS63 BN CAC
5C 1916 Doubled Die Obverse. PCGS AU50
10C 1916-D PCGS AU58 FB CAC
50C 1795 PCGS XF45 CAC
50C 1836 Reeded Edge. NGC AU55 CAC
50C 1921 PCGS MS63
T$1 1873 NGC PR64 CAM
$1 1884-S PCGS AU58+ CAC
$2.50 1840-C PCGS VF35 CAC
$20 1907 High Relief, Wire Edge. PCGS MS63
LAST CALL FOR CONSIGNMENTS FOR MAY REGENCY AUCTION! If you want to guarantee your coins’ placement into this sale, you need to contact us NOW. Space is very limited, especially for our Silver Dollar Day Session! We need to have all coins no later than March 26 in our office. We have been uploading a preview of what is consigned, and images are being uploaded for many of the coins this weekend. Take a look. See what we already have consigned and consign alongside these great properties:
The PFM Morgan Dollar Collection
The Crow River Collection of Peace Dollars
Toned Morgan Dollars from multiple important consignments
The David Poole Collection of Proof 3 Cent Nickels
A cool selection of Seated Liberty Half Dollars
The Dale Larsen Collection of Toned Late Date Walking Liberty Half Dollars
A complete set of Classic Head Quarter Eagles
The Oak Crest Collection of Carson City Half Eagles
If you have coins to add, contact Greg Cohen or Julie Abrams to discuss your coins, or see us at the Baltimore Expo. We will be busy the next week obtaining and cataloging consignments for the Regency Auction, with details of highlights that have come in being posted in this space next week. Stay tuned!
Last week Legend Rare Coin Auctions was at the Long Beach Expo, and from dealer set up on Wednesday afternoon until after Brinks picked our coins up, we were busy scouring the floor for consignments, discussing upcoming auctions with collectors and dealers, and were showing off the lots from our February Premier Sessions Internet only auction. At the end of the show, we came home with over 100 hand selected rare coins for the upcoming Regency Auction in May. (more on this below).
February Premier Sessions Auction: We would like to first and foremost thank everyone who participated in our largest Premier Sessions sale yet! With nearly $500,000 total sold this was a run away, record breaking sale for us. Clearly posting lots as we build the sale (before the finalized lotting, descriptions, and photos) gave folks an early preview, and this built excitement early on. When all was said and done, we had nearly as many people register to bid in this internet sale as in some Regency Auctions—including a record number of new participants.
A few sale highlights include:
1C 1851 PCGS MS66 RB CAC EX NAFTZGER $3,410
20C 1875-S PCGS MS66+ CAC $9,075
20C 1875 PCGS PR66 CAC $12,650
25C 1796 PCGS F15 CAC $25,850
$1 1889 PCGS MS65+ CAC $3,630
$2.50 1840-C PCGS AU55 CAC $5,500
50C 1938 NEW ROCHELLE. PCGS SP67 CAC $11,000
3CS 1870 J-799. PCGS PR65 RB CAC $7,150
By now everyone knows that Legend Rare Coin Auctions’ Premier Sessions are completely different from EVERY OTHER internet only auction—from the same quality images and descriptions as you would expect from a Regency Auction and the QUALITY of the offerings, you know each coin is vetted by the numismatic professionals of Legend Rare Coin Auctions.
LAST CALL!!! We are now at last call for consigning to the March Premier Sessions. Call us TODAY to get your coins into this sale. We need all coins in house no later than Monday, March 12! The sale will be posed for bidding on Thursday, March 15 and closes on Sunday, March 25. Julie will be at the National Money Show in Irving Texas taking consignments and you can always mail your coins to us.
May Regency Auction: This will be our LARGEST Regency Auction yet! While we are still taking consignments for the sale, we now have over 500 lots in house for the sale. This sale will be a TWO DAY event.
Day 1—Wednesday, May 16: Silver Dollar Day. Anchored by the P.F.M. Morgan Dollar Collection and the Crow River Collection of Peace Dollars, this session will exclusively offer silver dollars from 1794 to 1935. In addition to these two world class cabinets, we will be offering a number of High End toned Morgan and Peace dollars from various other consignors.
Day 2. Thursday, May 17. The Regency Auction 26, Part II. This will include all type coins, gold, commemoratives, and pattern issues. This section is anchored also by a number of collections, including: the Oak Crest Collection of Carson City $5 Gold; a complete set of Classic Head $2.50 (XF45 to MS61 all PCGS, mostly CAC); a very cool group of No Motto Seated Liberty half dollars; a complete set of 3CN in Proof (all PCGS, and includes many DCAM and CAC pieces); and the Dale Larsen Collection of Toned Late Date Walkers.
We picked up many extremely important rarities at the Long Beach show including these individual highlights of the sale:
1C 1914-D PCGS MS66+ RD
25C 1867-S PCGS MS67 CAC
$20 1861-O PCGS AU53 CAC
$20 1907 HIGH RELIEF-FLAT RIM. PCGS MS66
$1 1879 J-1611. PCGS PR67 CAM CAC
25C 1883 HAWAII. PCGS PR67 CAM CAC
We have posted our preview of what we have loaded in our system already. Any descriptions are not yet finalized, but you will certainly get an idea of what we have already. As you look at the preview, if you have any coins you would like to consign, time and space are running out. Call Greg Cohen or Julie Abrams today to discuss your holdings.
Legend Rare Coin Auctions just closed out another busy week with another major announcement about our upcoming May Regency Auction.
On Wednesday, we picked up the P.F.M. Morgan Dollar Collection, the current # 6 set on the PCGS Set Registry for circulation strike Morgan dollars. Some of the highlights include: Jack Lee’s 1879-O in PCGS MS66; 1880-CC 8/High 7 PCGS MS67; 1880-O 80/79 PCGS MS65 PL ex Jack Lee; 1882-O PCGS MS66+; 1884-S PCGS MS63; 1886-S MS66 PL ex Jack Lee/Naples II; 1887/6 PCGS MS66 CAC; 1889-CC PCGS MS63; 1889-O PCGS MS66+; 1891-O PCGS MS65 DMPL; 1892-S PCGS MS65; 1893-O PCGS MS64; 1893-S PCGS AU58; 1897-O PCGS MS64; 1899-O Micro O. PCGS MS64+ CAC; 1899-S PCGS MS67 CAC; 1904-S PCGS MS67 CAC Ex Coronet.
With the consignment of the P.F.M. Collection in addition to the Crow River Collection of Peace Dollars, we have decided to make special second day of our sale "Dollar day". Wednesday will be anchored by these two impressive and important properties. Also consigned are some more duplicate monster toners from a world class collection. We expect to have a very attractive offering of dollars 1794-1935-S!
Thursday May 17 will feature the rest of Regency Auction 26, and so far, we have a great sale taking shape. Already announced is the Oak Crest Collection of Carson City Half Eagles. In addition we will have a very cool offering of Seated Liberty half dollars, including a mini-collection of No Mottos and a pair of 1887s in old NGC holders, one PR65, the other MS65, both with GOLD CAC stickers. We are also going be offering a complete date/mintmark set of Classic Head quarter eagles. Whether you have just a single rarity, a group of duplicates, or an entire collection, contact us TODAY to include your coins. Space is limited so you want to get your coins in soon. Visit us next week at Long Beach, table 601. Greg and Julie will be there accepting consignments.
BID NOW IN OUR FEBRUARY PREMIER SESSIONS INTERNET ONLY SALE
The February Premier Sessions Internet Only Auction opened for bidding on Thursday. The sale features 161 hand selected lots, each one personally approved by Laura Sperber herself for quality! What other auction company offers coins that were hand selected by the architect of many of the #1 and Hall of Fame PCGS Registry Sets? Take a look at every lot, but some of the highlights include:
Lot 3 L1C 1803 100/000. PCGS AU53
Lot 30 3CN 1866 PCGS PR66+ DCAM CAC
Lot 51 20C 1875 PCGS PR66 CAC
Lot 53 25C 1796 PCGS F15 CAC
Lot 76 50C 1830 SMALL 0. PCGS MS65 EX GREEN-NEWMAN-LINK
Lot 108 $1 1889 PCGS MS65+ CAC (A wild toner).
Lot 121 G$1 1882 PCGS PR63 CAM CAC
Lot 137 $20 1892-S PCGS MS63+ CAC EX SADDLE RIDGE HOARD
Lot 157 3C 1870 J-799. PCGS PR65 RB CAC
Bidding is now open and closes Sunday, February 25. We will have select coins at Long Beach to view.
Remember we are now taking consignments for Premier Sessions in March, April, and May, as well as our May Regency Auction, featuring the special “Dollar Day” session. You will definitely want to take advantage of everything Legend Auctions has to offer: expert, personal service from career professional numismatists; high quality offerings; competitive commission rates; and a great venue. Remember, we are not the oldest, not the biggest, just the best.
Welcome to this week’s market report, lots of exciting happenings going on this week to talk about.
We have hit our stride, with consignment packages arriving for our upcoming sales coming in at a steady pace. Next up is our February Premier Session Internet Only auction. We have said in the past that our goal is to make these “mini” Regency Auctions. If you thought that our January Session had a great selection of coins, just wait until February 15, when we post the sale live! As of this moment (and we are still waiting on a few last second coins to be entered into our system), we have 137 lots, all personally approved by Laura Sperber herself—ensuring you really will get a Legend caliber coin. The insured value is $500,000 and 75% of the lots are CAC approved. After we are done loading these last few lots (check the site this weekend), we anticipate the sale being somewhere between 150 and 175 lots total.
3CN 1866 PCGS PR66+ DCAM CAC
H10C 1800 LIBEKTY PCGS AU55 CAC
20C 1875-S PCGS MS66+ CAC
25C 1796 PCGS F15 CAC
50C 1830 SMALL 0 PCGS MS65
$1 1872 PCGS PR65
$1 1889 PCGS MS65+ CAC A TONER!
$20 1857-S PCGS MS65 CAC S.S. CENTRAL AMERICA
$20 1892-S PCGS MS63+ CAC SADDLE RIDGE HOARD
3CN 1868 J-618. PCGS PR66 CAM CAC
Starting with the Premier Session, we are instating a new feature on our website. Previously, you would not know what is in our auctions until the sale was finalized and put into order. We are now posting the sale in “preview mode” allowing you to watch the sale get built. We will update the listings once a week until it goes live. You will be able to see as we add descriptions and images, but know that until the sale is in final order, descriptions, images, and estimates can be changed. This will help you, our customer in two ways: first it will help you plan. Also, if you see a selection of coins you think you can add to by consigning alongside what is already in the auction, it gives you the opportunity to contact us with time to do so.
Now is the time to make plans to consign to our 26th Regency Auction. Last week we announced that we are selling the Oak Crest Collection of Carson City Half Eagles and the Crow River Collection of Peace Dollars. In the coming days we will be making another announcement regarding another major collection we will be offering in auction. Consignments have been coming in at a good clip and we are already certain that it will be a great sale. There is still time to get your coins to us for the Regency 26 Auction. Our team will be at the Long Beach Show, the ANA’s National Money Show, and the March Baltimore Convention. However, you should make plans to discuss your holdings with us before, and if you can send them to our offices before the shows. Remember, space is limited in our sales, so the sooner your coins are in house the better, this way we can ensure your placement. Contact us today!
After a busy week that had both our 25th Regency Auction and January Premier Sessions Auction close and both events saw very active bidding from record numbers of participants. Thank you to all who made these auctions the great successes that they were. Here are just a few of the highlights from each sale:
14. 3CS 1861 PCGS MS67 CAC Ex Ipswich Collection, realized $9,106.25
19. 3CS 1865 PCGS MS66 CAC Ex Ipswich Collection, realized $7,637.50
56. 1C 1880 PCGS PR66+ RD CAM CAC, realized $7,343.75
111. 5C 1915 PCGS PR68 CAC, realized $34,075
123. H10C 1862 PCGS MS67+ CAC, realized $4,582.50
181. 50C 1812 PCGS MS65+ CAC, realized $21,150
209. $1 1852 Original. PCGS PR65 CAC, realized $129,250
220. $1 1881-S PCGS MS66 CAC, realized $21,125
236. $1 1922 PCGS MS66, realized $8,812.50
255. $1 1926-D PCGS MS65+ CAC, realized $5,287.50
266. $2.50 1893 PCGS PR67 DCAM CAC, realized $47,00
271. $5 1802/1 PCGS MS64+ CAC, realized $76,375
280. $5 1907 PCGS MS67+ CAC, realized $43,475
303. $20 1920 PCGS MS65, realized $188,000
304. $20 1928 PCGS MS67 CAC, realized $24,675
346. G$1 1836 J-70. PCGS PR65 BN CAC, realized $16,450.
January Premier Session:
56. $1 1850-O PCGS AU58, realized $12,650 (with multiple bidders over $9,000),
57. $1 1865 PCGS PR65, realized $15,400.
81. $1 1895-S PCGS MS64 CAC, realized $7,425
83. $1 1898-S PCGS MS66+ CAC ex Jack Lee III, realized $6,875.
111. $2.50 1861 Judd-281. PCGS PR61 sold for $14,850.
The coin market is strengthening! With record levels being seen on Wall Street, extremely low unemployment, gold prices creeping up, and the huge tax cut plan that just passed, it looks like we are going to have a perfect storm for a recovery in coin prices after the sluggish market of 2014-2017. We have already seen some new buyers come in, taking some profits from other asset classes and moving it into rare coins. Nowhere is this more visible in better CAC-approved gold coins. Even generic CAC gold is enjoying strong demand. While the last few years were offered some good buying opportunities, with the market rising, it might be a good time to evaluate your current holdings. Are there coins that you have upgraded? Are there coins that no longer fit your collection because you have gone in a different direction? Have you finished collecting and are now just in a holding pattern waiting for a stronger market to sell? NOW is a great time to evaluate the current dynamic and see what Legend Rare Coin Auctions can do for you! Our boutique style and personal approach will help you maximize the value of your coins. Year in and year out, LRCA proves that our smaller size auctions get better prices in many cases than the same coin would bring in a larger phone book sized sale. We strive for total consignor satisfaction—here is a testimonial from one of our consignors who had coins in both January sales: “Thanks very much for the accurate and exhaustive descriptions of my toned dollars offered in the most recent Regency and Premier sales. “The treatment that I received certainly makes me inclined to make further consignments in the near future.”
Upcoming auction highlights.
February Premier Sessions: The sale is on track to have 200 lots, each coin personally approved by LRCA founder Laura Sperber—ensuring that you will be getting a Legend Quality coin! What other internet based auction firm can offer that! Know that our Premier Sessions are NOT slop sales, they are mini-Regency auctions, complete with expertly written descriptions for every lot.
Regency Auction 26: We announced this week that Legend Rare Coin Auctions will be selling the Oak Creek Collection of Carson City Half Eagles and the Crow River Collection of Peace Dollars in Regency Auction 26, in New Orleans. As always, we will be the official auctioneer for the PCGS Members Only Show, and there is still plenty of time to get your coins consigned to our sale. Already in house, we have well in excess of $1,000,000 in consignments. DO NOT WAIT to consign! While the deadline is at the Baltimore show March 22-24, this sale is going to fill up quickly! To ensure your spot, contact us A.S.A.P. Julie Abrams and Greg Cohen will work with you, from the first phone call until you cash the huge consignment settlement check. Whether you have a single rarity, a group of duplicates, or an entire collection, we are able to handle it all—at a very competitive rate.
Legend’s January Premier Sessions Internet Only Auction Sees Record Registrations, Bidding Participation, and Record Prices--$277,650 SOLD!
Quickly following the first Regency Auction of 2018, Legend’s Premier Sessions Internet Only Auction, which closed Sunday, January 28 saw very strong bidding in all areas! The Session, which contained 112 hand selected lots, featured 75 coins that were CAC-approved, and the entire sale performed incredibly well seeing several record prices realized, thanks to a near record number of active bidders (only one other Premier Session had more registered bidders). The bidders were a “who’s who: of today’s active collectors.
Two of the three highest prices in the sale were for PCGS-graded Seated Liberty dollars, first up was a gorgeous and original $1 1850-O PCGS AU58 CAC that realized $12,650 (with multiple bidders over $9,000), and the very next lot took the highest price in the sale, the GEM 1865 in PCGS PR65, which was bid to $15,400. An excessively rare pattern 1861 quarter eagle, Judd-281, PCGS-graded PR61 sold for $14,050.
Morgan dollars, always a popular area to collect saw very serious bidding, with a near-GEM 1895-S in PCGS MS64 CAC selling for $7,425 and Jack Lee’s 1898-S in PCGS MS66+ CAC selling for $6,875.
“This was the overall strongest Internet auction Legend has conducted to date,” said Julie Abrams, President of LRCA. “By overall quality, it was our best yet, and having the ability show lots at the PCGS Members Only Show in conjunction with our recent Regency Auction, more eyes hit the coins and led to stronger bidding. Our online-only auctions are different than what the other firms do, as our coins are hand selected and fully described by our full time experts, including Senior Numismatist, Greg Cohen.”
There is still time to consign to the February and March Premier Sessions, so if you have coins that you would like to sell, and do not want to wait until the May Regency Auction, those are two great opportunities for you. Contact Legend Rare Coin Auctions today, call 732-935-1168 or email [email protected].