MID FEBRUARY REPORT

An important Hot Topics is posted

LIFE IS GOOD?

We are shocked that the times we typically see as dead, are actually alive and humming. Other dealers have told us while sales are still choppy, they are earning a decent living-but its still a grind. This problem is simple: there is a severe lack of better coins. The collecting world seems to own enough widgets. It will be interesting though as gold is rising. Collectors love to buy gold when its starting to move. That certainly would open up some cash flows.

Legend Numismatics had a block buster week. As you will read below we did a historical deal. We also sold some wicked cool coins-an out of this world $20 1910 PCGS PR66 CAC and the FINEST KNOWN 25C 1854 W/A PCGS PR65+ CAC (both coins were monsters). Interestingly we sold some Type too. While its getting hot, gold coins were a bit sluggish, however we are now starting to get orders. We do highly recommend you buy gold before the coins light up in value.

The coin market never died or slowed this year (we had a lousy FUN for other reasons). Consumer confidence clearly is coming back. The new folks over at PCGS are making their new mark and the only dealers complaining are ones who got away with too much for so long. This is making the coin market much stronger for sure. We see the rubber band yet again being pulled as tight as possible. It MUST break soon. We think this time by the summer it finally will have. You can only gauge real price for real coins by auction results right now. No major dealer is really buying enough top coins to survive which actually hurts the situation. That is how dry it really is.

We are actually optimistic about the market. HOWEVER, we are not including shows in our thinking. ONLY FUN and ANA summer matter any more. Because of the internet shows have simply died a slow painful death. We used to go to Long Beach and spend $1,000,000.00 easy. This time we spent UNDER $50,000.00 a record. It is our strong opinion there should only be 2 Long Beaches and two Baltimore shows. CSNS save for the auction has become just a regional show. BUT we came home from Long Beach and spent $500,000.00 on great coins including a $1 1878 TD PCGS PR67 CAC and the 1910 Proof $20. This is stuff is all now done privately. We’ve all seen it happening right before our eyes, those of us who deal in the better coins simply can’t do enough business at shows any more.

LEGEND NUMISMATICS CREATES A HISTORICAL #1 ALL TIME SET

Legend Numismatics still has game! We are proud to announce we have created the #1 PR Liberty Nickel set including the finest ever 1913 5C! We believe this to be the first time this has ever been done.

A long time friend/customer of Legend had always wanted the 5C 1913 Nickel. He had to have the finest. We came close to working a deal before the late Dr bought it. When auctioned he bought it in partnership with our partner Bruce Morelan. After a few months he purchased Bruces 50%. He then said to us last week, now go get me the finest Proof Liberty 5C set. Fortunately, it was owned by some one we know. Discussions really did not take long at all. We thank Perfection 3 and congratulate him on building yet another ALL PCGS CAC #1 set.

Our customer was like a kid in a candy store when we confirmed to him we bought the set. We noticed it wasn’t about the money, it was about the dream-which was very touching. We are honored he allowed us to help him create a most historical set.

We are hoping to have the set on display at he ANA show this year in Chicago.

Greenbrier MS #1 Lib Nickel Collection owner-call or email us please!

NEWPS

For this week in NEWPS, we do have a few spectacular coins. You can’t beat the $2.5 1796. They never ever appear. This coin is also a VERY high end OGH! Other highlights:

1C 1820 PCGS MS64+ RD CAC

25C 1911 PCGS PR68 CAMEO CAC

$2.5 1910 PCGS PR66+ CAC

$10 1915 PCGS MS66 CAC

$20 1857S PCGS MS67 CAC SS CENTAL AMERICA-the only one left on the market!

Of course there are many other great coins for sale as well.

We invite you to check out regular inventory as we are surprised we still have a few great coins that were over looked (sometimes it takes time). ALL coins we are off are 100% PCGS CAC. Our prices are based on our cost-we work lose!

ALL NEWPS ARE NOW POSTED

LEGEND RARE COIN AUCTIONS

www.legendauctions.com

THE SALE IS NOW POSTED. WE WILL GO LIVE FEB 20TH.

WE WILL BE BRINGING HIGHLIGHTS TO BALTIMORE

OMG! We are so exhausted from working 24/7 the past 2 weeks to finish our cataloging, photography, and organizing the March Regency Sale. While we always believe most of our sales are the “best ever”, we KNOW this one really is. There are some mind boggling coins for sure.

The Intense Cameo collection. The name says it all. This group of coins is what Cameo and DCameo should look like.No coins have any haze. The Trades and Seated Dollars are simply once in a life time coins!

The Young-Dakota Collection. What a monster set of coins. The Matched Original Prof sets should not exist! The coins are incredible. It is our hope as well as the consignor that these sets remain intact. The PR Barber coins-PR68+ Quarters-really? WOW! The overall quality of these coins is for real and the eye appeal is crazy wild.

The Prospect Collection. Several tougher GEM Proof gold pieces. As most of you know, the most in demand coins these days-Proof gold!

Last, not a collection but a single coin-the outrageous quality $10 1795 PCGS 64+ CAC. This coin has serious original skin. PCGS showed it now mercy. This piece ranks as one of the great $10 1795’s in existence! Interest in it is already off the charts. Come to the auction and see it, it is worth the trip!

If you have any questions, please contact: Julie Abrams: julie@legendauctions or Greg Cohen: greg@legendauctions.com.

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