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 MARCH REPORT

VISIT LEGEND AND LEGEND RARE COIN AUCTIONS AT THE BALTIMORE SHOW

ACTIVITY IS STRONG

Across the board activity is still strong. We did an amazing big deal (to be announced later)  and we know of 2 other dealers who placed some amazing six figure coins as well. As the coins pop up, the really nice ones especially go right off the market. The only “slower” pockets we still see reside on MS Type-Seated coins. Better quality gold is red hot and we KNOW it will get stronger as the new money we predicted would come into coins is. The stock markets instability is flushing some money out and into collectables again.

The only thing that will cripple this market-SUPPLY. The demand is there and then some. Even the broken pricing system is yielding to smarter collectors who understand they have one shot to buy a coin. So from time to time a few coins pop up. Only tax time could slow things-but we don’t think that will last too long! However, if there are no quality coins to trade, only the prices of the dreck that does trade will be realized. Then the market actually could decline for a few months. Ouch!

HIGH END, VERY HIGH END, AND SUPER HIGH END

If you notice most of the coins we sell have these words in the descriptions. Legend is all about handpicking and buying the very best we can find for the grade. Unlike so many others, we pay more to buy the most eye appeal and technically proper graded coins on the market. We just bought a group of coins where Collectors Universe Value was $100,000.00. We PAID $150,000.00. Will our customers be buried who bought these coins? HECK NO!

Time after time it has been proven buying the VERY BEST for the grade makes you money. In order though to earn the strong profits, BOTH technical quality and even more important EYE appeal MUST be all there and then some. Legend isn’t a good place for bottom fishers to buy. If price is an object, there are many other dealers who can supply you with lesser quality. We learned long ago there is a strong market for the very best.

We assure you, unlike 99% of the dealers out there, if we call a coin SUPER HIGH END-it is. We re not marketers, we are real coins dealers. That is why at all major shows the “crack out” dealers always want to look at our boxes first. Being picky and paying more is how so many of our customers have built such amazing collections and profited boldly from them. The nicer coins have always held up better in price during market slumps. We are NOT hype artists or marketers like some big names. Legend Numismatics principals have 40+ years of real bourse floor experience and have handled more top end coins that any one in he biz today.

Collectors should pay attention to what we say. You do not have to build a world class collection to make money. Just buy the best coins you can afford. The key though-make sure they are the best. Those coins are what Legend is all about. Even if it is not a #1 top pop collection, when Legend builds something, it is BETTER then anything else out there (which has been more then proven).

Net result: when we call a coin HIGH END, VERY HIGH END, or SUPER HIGH END-it is!

NEWPS

Ding Ding! We have some DMPL’s! Yippie! They all came to us kinda by luck. Still, we go them. Do not think too hard on them. Once thy are gone, we KNOW you won’t find anything similar for a very long time.

This week, a customer of ours switched direction and is now selling his Newman Walkers. Each coin was purchased directly by us from the sale for him. Of course each has next original color.

Highlights this week include:

An out of this world trio (set) of 1829 10C Small, Medium, and Large Size pieces as a set.

50C  1807 DB PCGS MS64 CAC

50C  1921 PCGSMS65+ CAC  NEWMAN

$1  1882CC  PCGS MS66DMPL CAC

$3 1885 PCGS MS64 CAC

Of course we did our best to include something for everyone. EVERY coin posted was picked for its outstanding quality and eye appeal.

Do not forget to check out our regular inventory. We have many h=great coins that need great homes still!

ALL NEWPS ARE NOW POSTED 

LEGEND RARE COIN AUCTIONS 

www.legendauctions.com

KABOOM! Our March Premier Sessions sale is now open. In the first 24 hours of bidding, we have had several hundred bidders already place many substantial bids. This sale will close starting at 9 AM Est March 29th. There are many great coins in the sale. 97 out of the sales 142 coins re CAC. And those that are not-survived a strict screening process. We did pass on many coins for this sale.

We will have the March Sessions Sale in Baltimore-please ask if you wish to see the coins.

THE MAY REGENCY SALE 

WOW! This sale is already our biggest ever. We’re estimating it will be 750 lots-spread over 2 days. One day we are calling “dollar day” focusing on Dollars only 1795-1935.

We just got in a MONSTER partial set of MS Barber Quarters. All are PCGS CAC. Many have awesome toning. From the same consignor, we got an near complete set of GEM Proof Barber Dimes-including 3 PR 68 pieces with wicked cool colors.

This sale will make your spin when you see what is in it. You can look on our web site to see the sale being built (do know order and descriptions can change). After Baltimore, we will be announcing exactly what is in the sale-so stay tuned! We will have some highlights at the show as well.

Legend will do special lot viewings in NYC and LA (at a PCGS event)  prior to the May New Orleans show and auction. Contact Serena Meyers at serena@legendauctions.com.

This is the final call for consigning to our May Regency Sale. We are extremely limited on how many coins we can take at this time. The value per coin MUST be a minimum of $4,000.00 with a minimum group of $12,000.00. Contact Julie Abrams: julie@legendauctions.com or Greg Cohen: greg@ legendauctions.com. They will work with you fro start to finish.

Our next sale is July 26th At the PCGS Invitational in Las Vegas. We’ve already got some killer consignment including a really top quality group of Morgans from a well known long time picky collector.

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

 

 

 

 

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