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.

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.

We are NOT optimistic about Long Beach due to the timing. We also already know many east coast dealers will not be attending. Last, we also know a fair amount of dealers need to raise money there too. Lucky for us, we’re going in to buy. Make that to try and buy. Of course we’d like to sell, but we just don’t see the market as hungry other then for gold coins. This is only a temporary thing. Talk to us after our September Regency Auction at the end of the month. We fully expect life to return then. There is no reason why 2018 won’t finish out strong-IF the better coins are available.

LEGEND NUMISMATICS WILL BE ATTENDING LONG BEACH SEE US AT OUR TABLE 601

A MARKET ADVISORY

We seriously recommend that unless you need to really raise cash. Hold of selling until the end of September. If you have coins out on approval with some one you should be okay, just don’t expect sales at Long Beach. Or, you could be asked to take a discount.

BUY BUY BUY! With things quite, look for deals. We doubt there is not a dealer out there right now that wouldn’t welcome the sale of an “old friend” (forget about any ANA NEWPS). When buying do remember: CASH IS KING. A trade will not do it for the best deal. Right now its about liquidity. But as a buyer, this IS the BEST time to buy.

Do NOT settle for stuff. You need to score right now, not buy widgets that you can buy any day of the year.

NEWPS

This week is all about the SS Central America Ship Wreck. Legend was fortunate to have some early dibs on the coolest coins that are CAC (which was not many). We spent over $1,000,000.00 buying these super historic pieces. What we bough there were very few of period. These are all from the 2014 dive which yielded 3154 coins. All coins have now been graded and accounted for.

The coins we have to offer are unquestionably the best of the best from the ship. Only one Type set has coins better-and the prices are insane on those coins (we know, we tried to buy the set)!

Highlights include:

$2.5  1856S PCGS MS64+ CAC

$2.5  1857S PCGS MS64+ CAC Tied for FINEST

$10   1853/2 PCGS MS61 CAC

$20  1852 PCGS MS63+ CAC  This was the ONLY 1852 $20 found!

$20 1857S  PCGS MS67 CAC

$20 1853 ASSAY 900 PCGS AU58+ CAC

Of course there are many other coins to choose from. We did our best to pick out coin that made the most sense price wise. Keep in mind, once these coins are sold, good luck find others!

ALL NEWPS ARE NOW POSTED 

We just want to take yet another moment to remind people about who we are and what we handle. We’ve been full time coin dealers for 40 years. We have owned outright just about EVERY major rarity that exists. We have built many of the greatest collections EVER. Only the late David Akers probably has done what we have. We care deeply about EVERY coin we sell. While our competitors like to tell people we hype our coins, our buyers know they are really getting the worlds BEST quality. Plus, for the record, even though we only sell CAC coins to our customers, we do reject a coin or two! We have no need to change what we deal in, if the coins are not around, we wait. We’re still going strong after 40 years, see where some of these hot shot Legend wannabes end up in 5!

LEGEND RARE COIN AUCTIONS

www.legendauctions.com

AN ALL TIME RECORD HAS BEEN SET!

Our September Regency Sale opened at 5:00 Thursday August 30th. At 5:00 Friday August 31st we had $2,200,000.00 in bids already placed! The registrants are coming in at a record pace. Besides the fact this is our biggest sale ever at $7,500,000.00, it will be our BEST too!  We are still pinching ourselves as to what is included in this incredible sale. Visit the auction web site to check out the sale. The sale closes September 26/27 with a live auction held at the Cosmo in Las Vegas. See the web site for more information.

LEGEND AUCTIONS WILL HAVE HIGHLIGHTS OF THE SEPTEMBER REGENCY SALE AND THE SEPTEMBER PREMIER SESSIONS SALE AT OUR LONG BEACH TABLE 601

A MAJOR ANNOUNCEMENT!

COME TO LAS VEGAS FOR THIS AUCTION AND SEE THE 1913 5C AND THE 1804 DEXTER DOLLAR!

Wednesday September 26 3-5 PM PST

Legend Numismatics believe auctions should be special, not just a days long non stop lot orgy. We are proud to announce that our partner Bruce Morelan and our long time Legend customer (who owns half the 1913) will make the 1913 5C  available for a special gathering we are having starting 3 PM Wed and closing at 5 right before our auction starts. To make this even more historical, Bruce has agreed to place the Dexter $1 1804 on display as well. Access to this event will limited to registrants at the show for our auction. In addition, Legend Numismatics will give all collectors who register and attend one free walk through submission (must be used at he show). To see these two coins up close and together is truly special.

We thank PCGS for co sponsoring this event!

If you are a regular Legend Numismatics customer and plan on attending, RSVP Serena Meyers : serena@legendauctions.com. Make your plans today. We think you’ll have a great time!

WE ARE HERE TO HELP! 

If you ever wish to bid in any of our sales and need some assistance, just talk to us. We can help with phone bidding, registering, and special terms to help you buy the coins of your desires. if financing is involved, we do need you to contact us BEFORE any sale. Our staff is friendly and won’t drop the ball. Contact: Julie Abrams: julie@legendauction.com or Serena Meyers: serena@legendauctions.com.

For numismatic help, contact GregCohen: greg@legendauctions.com

THINKING OF CONSIGNING?

We many not have 1,000,000 names, but we have more then proven we have the “right” bidders. There is not more powerful customer base then that of Legend Numismatics! Our results are proven. We can customize the sale of your coins to totally maximize your results. We can handle any thing from $10,000.00 to $10,000,000.00.

Our October Premier Sessions and our November Regency Sale have limited space for consignments. Contact us today as we are nearing our deadlines. As you may know, we have awesome auctions!

If you are thinking for consigning with us, contact: Jessica Berkman: jessica@legendauctions.com. Greg Cohen: greg@legendauctions.com or Julie Abrams: julie@legendauctions.com

IF YOU HAVE ANY QUESTIONS OR COMMENTS EMAIL US: legend@legendcoin.com. WE DO NOT CHECK OUR PHONE MESSAGES UNTIL 9 AM TUESDAY

 

 

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