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.

END OF AUGUST REPORT

HUH?

The activity we experienced this past week should have happened last week (post ANA Show). Guess the that many people were away or just not paying attention to the coin market. We had figured okay, the real doldrums had hit and we’re toast through the middle of September. NOT! Things could not have been more active.

We sold a five figure coin each day. We can only mention three of the five figure sales. We sold a 50C 1807 Draped Bust PCGS MS64 CAC, $20 1911 PCGS MS66 CAC and our gorgeous $20 1857 PCGS MS64+ CAC (this was really a six figure sale). If you notice, two of the three we listed were gold (as were two of the others we can not post).  Obviously, these were not our lone sales. In fact as we are writing this we are working a significant six figure SILVER Coin sale (now a closed and done deal)

One thing we were shocked by, coins BELOW $10,000.00 sat around. Our NEWPS of cheaper coins did not sell well. It can’t be the wrong mix as we have some really sweet and cheaper priced gold. Through out the entire summer cheaper gold sold very strong.  We think its just the market doing what it does and cycling (going on and off). We’ll see what action the upcoming week offers. One thing was for sure, we did NOT expect the strong activity from this past week.

LEGEND HAS A NEW HOME IN LONG BEACH-TABLE 601

After a year or two of being “orphaned” in a hard to find location, we are now ” movin on up”! Legend will now make Long Beach an anchor show for our business. Along with Legend Auctions we are now up front with the big guys at table 601. Yes, the principals of Legend will be there Thursday and Friday to buy and sell.

We will have a stunning display of coins for sale-so stop by! If you can not make it, we’ll still be posting NEWPS starting Saturday AM September 10th. We congratulate Collectors Universe on how hard they worked to make the magic happen again at the show.

NEWPS

WOW do we have a few GREAT NEWPS. ALL are CAC save for one coin (which we thought deserved to be CAC). We have a small run of FRESH Bust Halves MS64-65. When we say fresh, these were off the market for many years and were NOT in ANY recent auction. A few highlights from this week include:

5C  1891 PCGS PR67 CAMEO CAC

25C 1824/2 PCGS AU55 CAC EX COL GREEN/NEWMAN Extremely rare!

50C  1818/4 PCGS MS64 CAC

50C  1823 PCGS MS65 CAC

$10  1908 PCGS PR65 CAC OGH

ALL of the NEWPS will are now posted!

Do not forget to check out our regular inventory as well, We’ll work some magic to get you into the coins of your desires.  Contact George Huang if you wish to order or have any questions:legend@legendcoin.com

LEGEND AUCTIONS

We have several MAJOR announcements:

*Thanks to the success of the Legend Summer Sessions, we are now expanding into MONTHLY INTERNET ONLY sales. We regret to consignors our September sale is already full. It will open Sept 7 and close Sept 14th. A few coins will have reserves-but we are NOT changing out 10% buyers premium or the 100-125 lot limits. Stay tuned for an amazing offering of GSA CC Morgans-including many with SEALED boxes! 

*Legend Auctions has a list of the entire September 29th Regency Sale now posted. The REGENCY 18 SALE IS NOW LIVE AND IS OPEN FOR BIDDING!  

*Come to table 601 to lot view the entire Regency 18 sale and our new September Sessions Monthly INTERNET ONLY SALE ONLY sale.

*We will also be selling gorgeous posters of the entire Northern Lights Collection for $25.00 each at Long Beach with 100% of the proceeds going to the Childrens Hospital of Philadelphia. Shortly you will be able to order them on line as well. 

*Legend Auctions is proud to have been consigned for our December Regency Sale the Angel Dees Collection of Buffalo Nickels all PCGS graded. This set took years to build and contains some of the prettiest toned Buffalos you can find. The grades range from MS65-MS68! We will have this set on display at table 601 in Long  Beach and at the Baltimore Show in November. If your a Buffalo Collector, you won’t want to miss these coins! 

We will have even more MAJOR announcements shortly! Really!

IF YOU HAVE ANY QUESTIONS OR WISH TO ORDER, PLEASE EMAIL US: legend@legendcoin.com. WE DO NOT CHECK OUR PHONE MESSAGES UNTIL MONDAY 9 AM. 

 

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