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 FINAL PCGS INVITATIONAL OF 2017

LEGEND NUMISMATICS OFFICES WILL BE CLOSED DEC 23-JAN 2ND. WE WILL BE CHECKING OUR EMAILS DURING THAT TIME.

TIME TO STICK A FORK IN IT-SORT OF

As everyone knows, Legend Numismatics loves these small intimate PCGS Invitational shows. This last one though suffered from weaker attendance and PCGS was so tight, even if you tried to cross a coin back that had been PCGS -it most likely wasn’t happening. The tight grading is great for the overall coin market. Still who wants to fly across the country and have little returns?  It was a rare bad show for us. Even our usually high + and crossover rate was depressingly dismal.

There was nearly zero to buy. The most expensive coin we bought (and $10 1869 PCGS AU55 CAC) is already super sold. Posted it Friday AM, by 2 PM, it has 3 buyers! Wish we could find more coins like that. At least our secret stealth seller was there and grabbed just about everyone and had a very good show with our lesser material (we’d bet 2017 was a record year for him).

Our overall sales for the month will be poor. For as great of year as we had, December will be painful and a “take back” month. We have no specific factor other then a severe lack of coins as to why the poor month. We do feel highly confident (for several reasons) the FUN Show and January will be strong and we’ll see more collectors being aggressive. This years FUN Sale is far better then the last couple and that stimulates activity. We’ve got ourselves in a bit of a burn out phase and today have little to offer.  However, that is not how we will start 2018.

LEGEND NUMISMATICS ACQUIRES THE BLUE LAKE COLLECTION OF EARLY COPPER

This 74 piece group of incredible Early Copper pieces came out of the wood work.  The majority of these coins have been put away for well over a decade. Several top copper specialists of their day assisted the collector. All coins are PCGS graded. They are all going to CAC right now. There are coins ranging in value from $3,000.00 to several six figure coins-with the majority being rarer and better coins. This collection is significant to ANY size copper specialist. To start, there is not one but TWO Chain Ameri Cents. There is a superb GEM 1806 MS65 BN and the deal ends with a 1C 1857 PCGS MS64BN. The collector who assembled it is actually doing some “house cleaning” (hard to believe). He dislikes auctions and wants us to directly place these coins with collectors. We will be bringing most of these coins to FUN. We do suggest if you want an early shot, send us a Want List. Be aware, the principals of Legend Numismatics are “secret” copper weenies and actually have been dealing in these kinds of coins for years (Legend by far was the biggest buyer of copper in Pogue),  we do have a customer base for them. So we expect these coins not to last too long.

NEWPS

Sad to say, this posting of NEWPS is our last for 2017. Since November we simply could not find many coins we like-yet again.

We’ve already got one huge deal in (The Blue Lake Coppers), we’re working on one more deal which should be ready by early next year. That is why (plus the FUN auction) we will not start 2018 off dry!

We invite you to take a final browse through our entire inventory. Since it is year end and we will cut some great deals to give coins good homes!

LEGEND NUMISMATIC AUCTIONS

www.legendauctions.com

We wish to thank everyone who helped make our December Regency Sale such a success. From day one, we had a huge amount of eye balls (turned out to be a record in the end) and had a substantial number of NEW registrants (yet another record). This sale capped off a highly successful year for us. We promise to make 2018 even better.

It is critical to note, over 95% of all bidding and purchases in this sale were done by collectors or dealers specifically representing collectors. That is impressive!

Some of Legends exclusive customers helped us obtain record prices for many coins. Here are some random highlights (prices include 17.5% buyers fee):

1C  1908 PCGS PR67 RD *****************$17,035.00

10C 1814 STATES OF  PCGS AU58 CAC ***$17,037.00

25C 1888 PCGS MS67+ CAC *************$9,106.00

50C 1795 PCGS  MS62 CAC NEWMAN***$141,000.00

$1  1889cc PCGS MS63 ******************$49,937.50

$1  1921 Peace Dollar PCGS MS66 CAC  ***$12,337.50

$1  1923 PCGS MS67 CAC****************$11,162.50

$5   1897S PCGS MS67 CAC **************$41,125.00

$20 1914D PCGS MS66+ CAC************$45,825.00

Yet again we prove that strong coins bring strong prices! All the coins listed above sold to collectors.

LEGENDS DECEMBER PREMIER SESSIONS SALE CLOSES THIS SUNDAY NIGHT STARTING AT 9 PM EST! We’re nothing like the typical no numismatist, no description Internet Auction companies that dot the landscape. Our coins are quality and are unreserved! Check the auction out-you ‘ll be surprised with what you find! THE BUYERS FEE IS ONLY 10%!! 

A  MIND BOGGLING WORLD CLASS COLLECTION IS COMING

Legend Numismatics will have a major announcement at the FUN Show. We will be auctioning one of the greatest collections EVER assembled in our May Regency Sale. All we can say right now is, it is a PCGS CAC HOF set that we exclusively built. It is a multi million dollar collection that will be sold UNRESERVED. The owner feels it is time to pass the stewardship of these magnificent coins to other collectors. Stay tuned. You might want to think about-or even book your New Orleans hotel room now!  This sale will never be equaled.

We are now accepting consignments for the May Sale. We will be holding a two night sale with our regular session Wednesday and the HOF collection Thursday. You will want your coins or collection showcased by us-we do it right and no other auction company has the power of Legend Numismatic customers bidding (we have the unquestioned best collector base in the business).

LEGEND NUMISMATICS JANUARY REGENCY SALE

We promise we won’t have the catalogs sent out at the last minute like in December (our printer screwed up).  We’re closed for consignments now. We expect to have a full list ready in a few days. We can tell you about a few highlights:

H.01  1797 1 above 1 PCGS MS66BN CAC EX MISSOURI

1C  1793 WREATH VINE AND BARS PCGS MS64+ CAC  SHELDON PLATE COIN

5C  1918/7 PCGS MS65+ CAC

H.10   1796/5 PCGS  MS64+ ELIASBERG

20c  1875CC  PCGS MS65 CAC

$1 1852 ORIGINAL PCGS PR65 CAC

G $1  1860 PCGS PR65+ CAMEO

$5  1802/1 PCGS MS64+ CAC

$20  1920 PCGS MS65

The sensational IPSWITCH Collection of MS 3CS ALL PCGS , ALL CAC.

A small but killer group of toned Morgans

We assure you, this sale will have coins for all types of collectors-and there is no junk!

We will have highlights on display at FUN. There will be a full NYC lot showing in conjunction with the NYC show in early January. Stay tuned for the dates.

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

 

 

 

 

 

 

 

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