Market Reports

Don't miss an opportunity to make a critical purchase or sale. Let Legend be your eyes and ears on the collection market. We'll let you know about the upcoming sales, pricing trends and predictions, collections and exceptional coins entering the market, and other news to help you take advantage of opportunities before they pass you by.

THE MID AUGUST REPORT

A NEW HOT TOPICS IS NOW POSTED

OKAY WE CHANGED OUR MINDS

Last week we said no more NEWPS until after Long Beach. Opps! We did so much business and got a few unexpected coins (like the H.01 1855 and the now on hold already $10 1860O) we figure okay we’ll go with the flow.

Typically the second week after the ANA show is deader then dead...

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POST ANA MARKET REPORT

BACK FROM THE DEAD

What a powerful title, but we mean it. Any dealer who buys and sells coins on our level simply lied about a good ANA show in their reports-unless the Utah guy cleaned them out or they had a special situation. Folks, next to the 1981 ANA Show when the market absolutely crashed (oh were we there), this was the crash of the ANA Show. Too bad everyone is in denial about it...

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THE 2017 ANA SHOW

THIS REPORT IS BEING WRITTEN BASED UPON THE EXPERIENCES AND OBSERVATIONS OF LEGEND NUMISMATICS. LEGEND DEALS IN TOP QUALITY AND RARITIES SO NATURALLY OUR REPORT IS BASED ON THAT MARKET-OTHERS WILL HAVE DIFFERENT EXPERIENCES.

GHOST SHOW

Sadly, we strongly believe the days of the great ANA Shows are gone (sorry, we won’t sugar coat things). It is our strong opinion this was a marginal at best show for most...

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THE PRE ANA MARKET REPORT

OVERWHELMING ACTIVITY

We were shocked at the activity we had this past week. Never in our companies history did we sell so much so close to an ANA Show. This activity happened right smack in the middle of the summer doldrums too (the prior week was super slow for us).

As we mentioned, we have not been able to buy really nice coins between $1,000.00-$4,000.00. So the few we had sold pretty much as we were posting them Saturday...

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MID JULY REPORT

SUMMERTIME SLOW

The summer doldrums are alive and well. Something we did not think about-our customer base apparently was watching our auction last week and held off buying from our web site.  So web sales to our non core group had been very slow-until Friday. As we started posting coins we got action. Several of our NEWPS were sold in seconds of posting!  In fact writing this report was delayed due to the action...

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THE PCGS JULY PCGS INVITATIONAL

A NEW HOT TOPICS IS NOW POSTED 

EVERYTHING WAS HOTTER THEN HOT!

Did you ever go to Las Vegas in the summer?  Forget that nonsense about dry heat. It was 109 and felt like an inferno. It was the same at the auction-the pace and prices realized were also sizzling hot.   We are not kidding!

As usual the PCGS Invitational was a great show...

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THE SUMMER FUN SHOW

AN EXCELLENT STATE SHOW

We attended the Summer FUN Show specifically to meet with  a customer. We did not take a table. Our observations were a little surprising.

Dealer wise, it was really a state show with a handful of dealers from out of state. Attendance wise, we were surprised. Thursday seemed to have a bit of a crowd-still nothing to brag about-but in our opinion, it seemed better then the last Baltimore Show which had empty isles...

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HAPPY JULY 4TH!

The first half of 2017 is over and was Legend Numismatics best since 2012. We can now sit back and enjoy the July 4th holiday (we will be open 9-12 Monday). We hope everyone can do the same.

LEGEND NUMISMATICS WISHES EVERYONE A SAFE AND HAPPY JULY 4TH HOLIDAY! 

THE FIRST HALF OF THE YEAR

Fire works for us! How did we earn record numbers?..

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THE BALTIMORE SHOW

LEGEND NUMISMATICS DEALS IN THE TOP 5% RARITY AND QUALITY. OUR MARKET REPORT IS FACTUAL AND IS FROM OBSERVATIONS WE SEE FROM OUR POINT IN THE MARKET. OBVIOUSLY, OTHERS WILL HAVE DIFFERENT RESULTS AND OBSERVATIONS.

AN IMPORTANT HOT TOPICS IS NOW POSTED

THE BALTIMORE SHOW

The show was WORSE then we expected as far as overall action and attendance. If anyone says the place was crowded or activity was strong-we would NOT believe them...

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MID JUNE MARKET REPORT

ANOTHER GREAT SALES WEEK

We think we know why we are selling so much-we have had the goods the past 30/60 days. As we mention last week, once we are pretty much sold out, our super hero status will be gone. We’ll be crying as loud as any one. This past week was another record breaking sales week in line with our record breaking first half of the year. We sold well over $500,000.00 direct to collectors...

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LONG BEACH SHOW REPORT

HOW TO MAKE A GOOD MARKET LOOK BAD

Have a miserable Long Beach Show and Auction and then repeat and do the same thing in Baltimore in 2 weeks.

Why don’t show promoters get it? Summer shows simply do not work. Even the mighty FUN Summer show struggles.

The Long Beach show was the culmination of everything wrong. First, the majority of East Coast dealers did not attend...

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PRE LONG BEACH SHOW REPORT

A TIDAL WAVE HIT US

WOW! Totally unexpected and out of the clear blue sky, between Tuesday afternoon and Thursday evening some way some how we did nearly $1 million dollars in sales! It all happened just that fast. We do consider it a fluke-however MANY fresh (really fresh) coins were involved. However, we do have 40 years of contacts in the business so events like this do very much happen from time to time...

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MEMORIAL DAY REPORT

GIVING THANKS

Legend Numismatics and Legend Rare Coin Auctions can never give enough thanks to all the men and women who have made so many sacrifices to serve and protect our great country. To us this is not just a 3 day weekend. It is a time of real reflection, giving thanks, and celebrating the contributions of our soldiers and their families. We do wish everyone a Happy Memorial Day and never forget what it is really about!..

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THE PCGS NEW ORLEANS INVITATIONAL

WORLDS GREATEST SMALL SHOW

Yeah, we’re a broken record!  These PCGS Invitationals are nothing less then great. For what ever reason we do more business at these shows then some majors. This past show was no exception. Plus, attendance by both dealers and the public was strong.

We  are going to give you a teaser: make plans to attend the Las Vegas July Show. PCGS and Legend will be doing something extra special...

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PRE NEW ORLEANS PCGS INVITATIONAL

THE PCGS INVITATIONAL

We fully encourage any one who can to go to any PCGS Invitational. The dealers are in the most intimate setting and room is well decorated and is quite comfortable. PCGS always throws in a good meal. Last year in New Orleans they brought out  delicious baggets (as an afternoon treat). They were as good as you get any where in town! This weeks  show will be a bit different...

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CINCO DE MAYO REPORT

THIS PAST WEEKS ACTION

Finally, spring is in the air and so is coin collecting. We are greatly surprised how there only was a small dip in demand around tax time. Seems activity is back to normal. In fact, our sales this week were extremely strong and were just under $1 million dollars-an amount totally UNexpected!

There is little rime or reason as to what is in demand. As a whole-TRUE QUALITY coins are selling for good money (key words: TRUE quality)...

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