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.

FINALLY THE SUMMER DOLDRUMS ARE ENDING

EVERY YEAR THE DOLDRUMS GET WORSE

We are happy the summer doldrums are finally starting to end. Every year it seems they last longer and longer, There is no full speed ahead as this year it seemed the beat down was pretty hard. We had hoped our September Regency Sale would jump start things. It looks like it has ever so slowly, but the market is still choppy. Most dealers are still broke due to tight grading and poor sales...

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EARLY OCTOBER REPORT

STILL CHOPPY WATERS

We did sell a fair amount of coins this past week. Many were NEWPS and others were “old time” holding hands so people understood the values type of sales. We did very little with Want Lists (we are dry again). It is still a very choppy market right now.

Collectors seem to be understanding more that yes, there really is a HUGE difference in price and market demand in CAC vs NON CAC...

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THE PCGS INVITATIONAL SHOW-LAS VEGAS

PCGS INVITATIONAL

Yet again, PCGS put on an incredible show. We can not say enough that if you have not been to one, come and check it out!

It was easy to do biz as most dealers seemed eager to both buy and sell. Grading was tight-but that is just fine. Too many dealers are too spoiled by throwing up retreads to see what works.

We helped the show not only by co-hosting a very special event,..

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THE BIG WEEK

THINGS ARE HOLDING THEIR OWN

We just saw a sales report for the first 3 weeks of September. Some how we have done $2,000,000.00 in sales to collectors. That was kind of shocking as we thought we did not do much so far. We can admit when things are quiet. We even predicted that after ANA this would happen for about 30 days. We are confident our huge Regency Sale coming up this week will blow activity up and the market will be back in a heart beat...

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MID SEPTEMBER REPORT

LOOKS LIKE THE MARKET IS PICKING UP EARLY

By design, Legend had a very quiet time last week. However we are now experiencing an up turn in activity All of our top customers have come to us saying “how come no coins-you forget about us?”. Ugh, not we have not for gotten about anyone! Just there are less then no coins around. Even the coins we posted today as NEWPS-5 were immediately  hit...

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THE LONG BEACH SHOW

JUST AS WE EXPECTED

Legend Numismatics wishes a Happy New Year to all our Jewish friends

First, this is being written on Friday afternoon at the show. Yes, the principals of Legend are in attendance. This is only due to the fact they have personal biz Sunday (going to see FOX NFL Live in studio-it was amazing). Being at Long Beach on this particular Friday was very painful.  We can imagine Saturday-it will be heart breaking for us...

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LABOR DAY WEEK 2018

LEGEND NUMISMATICS AND LEGEND AUCTIONS WISHED EVERY ONE A SAFE AND HAPPY LABOR DAY WEEKEND

ALL IS QUIET

Just as we predicted, nothing major happening. After EVERY ANA that we can remember, the next 30 days are dead. This year will be no exception, as many coins traded hands at the show and with all the huge auctions people have an awful lot to digest. We had a huge August and ANA Show so we have no panic and can take it slow...

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END OF AUGUST REPORT

WHERE DID THE SUMMER GO?

What a whirl wind summer. The only two things we can remember-a great Summer FUN and an ANA apparently where we did far better the we thought (we are finally due our report today-which is why this report was delayed). At the ANA show, if you include the 5C 1913 at $4,560,000.00, Legend Numismatics spent $1,996,000.00 in Heritage alone (two coolest buys: H.01 1794 PCSG MS65 BN CAC $204,000.00 and of course the School Girl Pattern PCGS PR66 Cameo CAC $312,000.00) and our total ANA show purchases added up to be OVER $8,000,000.00-of which most coins are sold! ..

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THE 2018 WORLD FAIR OF MONEY SHOW

THE SHOW

First, we must comment how the show has shrunk to the size of a regular Baltimore or Long Beach Show. Very alarming. However we are happy they finally came to their senses and put nice carpeting down in the premium section. Our hunch as that this show had  chance to be better the horrible Denver we all suffered through last year. Surprisingly, we were right! The 2018 WFOM was a decent show!..

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ANA SHOW PREPARATIONS

IT’S HERE! 

We are shaking our heads how fast the summer has gone. We are also shaking our heads how busy we have been up until a week ago. The ANA Show starts this Tuesday, so the summer is really over.

Collectors realize they can not let any good coin pass them. That big black hole has only grown and the supply of good and great coins has reached almost non existent proportions...

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EARLY AUGUST REPORT

INTERESTING WEEK

Can not say we broke any sales records as it was extremely quiet this past week. It was the kind of week we expected to happen in early July. The hottest coin we sold was the $1 1803 Sm DT PCGS AU58+ CAC  (our coin of the week). Wish we had 4 of them!

We are preparing for the ANA show and auctions. Sunday we are lot viewing Stacks...

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THE PCGS JULY INVITATIONAL

AS WE EXPECTED

The summer shows are never is well attended anywhere.  Add to that the fact PCGS is still really tight and many dealers stayed home licking their wounds (we have even heard of a few who needed and borrowed money). We were pleased to see that because of our auction, a small crowd of collectors did attend.  Activity overall was light. Our “super secret stealth seller” should have stayed home...

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MID JULY REPORT

A MISCALCULATION 

We had so much expected a quiet time in mid July we elected not to post or offer in any way a bunch of better coins we are holding. Our thoughts were the market would be in he doldrums and the coins would just languish. Last week was a very quiet week for us. We did realize collectors actually were out hunting. We did sell a few five figure coins,..

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THE SUMMER FUN SHOW

A PERFECT SHOW

Always when you never expect anything to happen, some thing does. Our expectations of the show were to meet a few people and show off some auction highlights. Only the at the last minute did we decide to bring down 3/4 of a box of coins to sell. After the dust cleared, the FUN Summer show ended up as good as any major show.

We were shocked on Thursday how crowded it was...

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JULY 4TH WEEK REPORT

Legend Numismatics has been following the horrible situation in Thailand with the trapped soccer team. We pray for their safe return. With the greatest experts in the world working on it, we can only pray they can get the job done. It was sad they lost a member of that team trying to save the boys. That man was a true hero. So far so good! 

KABOOM!

That was the name of our favorite fireworks in Red bank NJ they used to have...

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BYE BYE FIRST 6 MONTHS OF 2018

LEGEND NUMISMATICS WISHES EVERY ONE A SAFE AND GREAT JULY 4TH. OUR OFFICES WILL BE CLOSED JULY 4TH ONLY

FORGET ABOUT THE SUMMER HEAT

Save for one small stretch around tax time this was a HOT first six months of 2018. Legend Numismatics is on pace to have our best year since 2008 (when we did the $40 million dollar Pattern deal for Bob Simpson). That year we did a mind numbing $100 Million in sales!..

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