ALL IS QUIET
Hard to believe we are still working on delivering all our customers auction purchases from ANA. We spent well over $3 million dollars on half of collectors. That was a lot of coins!
Sales from our web site were very quiet this past week. We expected that. After making that comment, Friday we sold $100,000.00 off the web! Activity usually does not pick up until the last week of September. This year, Long Beach will be special. The first session of Bass goes off. Do not expect ANY coins to fall through the cracks. A sale like this brings out the big guns who are still hungry for rarity and quality.
We will be lot viewing Bass this week. We are accepting representations on a a first come first serve basis.
POST PANDEMIC LIFE
Looking back since the pandemic started, collectors have gobbled up hundreds of millions of dollars’ worth of great coins. Virtually all went to what we call a deep black hole. It’s not like the old days where you knew all the big players. Today, there are more mega collectors building mega collections then we ever dreamed could happen. We used to wish Bill Gates would buy coins, now it seems his ilk have been! Six figure coins are a bargain when compared to $30 million and up paintings. It’s safe to say, during the pandemic, rare coins were “discovered”. You really have to be a fierce competitor to outbid these whales as in some cases, their money seems endless. In the end, these mega players have been good for the market. They have created a ton of liquidity continuing to make rare coins one of the most liquid collectable buys that exist. Plus, many coins values (NOT all) have gone up. That is a win-win!
We have coins again! This week we have a really great mix. Highlights include:
2C 1870 PCGS PR67 BN CAC
25C 1889 PCGS MS68 CAC BENDER
$5 1803/2 PCGS MS62+ CAC
$10 1891-CC PCGS MS64 CAC
$10 1904 PCGS PR65 CAMEO CAC
$20 1907 HR PCGS MS64 WE CAC
If you have noticed, most of our offerings are gold. Why? Because the demand dictates to us. We’d estimate over 60% of what we sell are gold coins. Does not matter if gold is up or down, collectors love their gold coins. We also consider gold coins to be a great long term safe haven.
We are still working hard to get non gold coins. We cannot find what we want.
Be sure to check out our regular inventory. We ONLY offer PCGS CAC coins. Every coin is HIGH END for the grade and has great eye appeal. That is why we have been able to build so many great collections.
LEGEND RARE COIN AUCTIONS
We are running full steam for our October 20th Regency sale! We expect to have a partial watch list posted shortly. It will be a smaller sale, but it is packed with WOW WE special coins!
Two mindboggling coins that stand out-$20 1893-S PCGS MS65 CAC Akers plate coin and the out of this world $5 1831 LG D PCGS MS65+ CAC Ex Pogue. Both are sure to land record prices. There are many other killer pieces included as well.
We suggest you follow the temporary watch list as it grows. This way you know what is coming and you can be prepared.
We are now seeking consignments for our last auction of the year-December. Call or email the best staff in the auction business to discuss: 732-935-118. They will craft the perfect deal for you!
IF YOU HAVE ANY QUESTIONS, OR WISH TO ORDER, EMAIL US: email@example.com. WE DO NOT CHECK OUR PHONE MESSAGES UNTIL 9 AM TUESDAY