NOTHING HAPPENING ON OUR LEVEL
Of course if we dealt in lesser coins and bullion, we’d be too busy to write this article. The coins we deal in are NOT coming to market outside of auctions or finding a coin or two via collector. This past week we got lucky and did a big Saint deal and that was it. We know there is plenty of money out there to buy coins, just they want fresher exciting and quality pieces-something the daily market does not currently seem to have access too. All we can do is reduce prices on our coins (to stay liquid), raise our sightUNSEEN bids, and call everyone we know (dealers and collectors) to see if we can get anything. This past week was a huge bust for us. Nap time (not)!
It is our strong opinion that the coin market is so dry of coins, even if there is a FUN show, there will be NO fresh coins appearing. We think it will take several months for coins to surface at shows once they start back up. Clearly demand far outstrips supply for better coins today. That is why when a great coin is offered, you should buy it and not think too long about it.
We know there already is a buzz for the upcoming Simpson Sale and the Larry Miller Collection. What ever the prices realized are, that will be the current market (save for crazy Pluto prices). Keep in mind, the better the quality the stronger the price. Both sales are fresh and exciting. We know we have substantial bids to place.
If you seek auction representation for either sale, email or call us now. We work on a first come first serve basis. Sometimes your best deal is the coin you did NOT purchase. Legend attends all major auctions and is typically a strong player.
Go figure, as we are writing this , we sold 2 coins for a total of $103,500.00. We just have no even flow of sales or coins right now. That’s two less coins on our site we can not replace.
A RECOMMENDATION: BUY SILVER TYPE. These coins have become so cheap. Build a set or a “box of 20”.
CONGRATS HALF DOME
There are other major players that quietly exist.
We finally have permission to list our secretive customers sets. We have assembled for him the #2 Saint Set (which this week he added the 1931 and 1908 W/M both PCGS MS66 CAC), the #2 10 Indian set, the #1 all time $5 Indian set, and the #2 2 1/2 Indian set (just added the $2.5 1926 PCGS MS66+). None of his coins have been in for regrade.
So far we attempted to post the Saints and his $5 Indians. We are having trouble with several certs so the sets look incomplete. EVERY set is 100% complete. We hope to have this all fixed in the next 30 days.
The most amazing part of this collection EVERY COIN IS PCGS CAC.
NEWPS
We have some pretty nifty NEWPS this week. We really can’t decide which coins deserve to be highlighted as they are all special.
Keep in mind, we pay more for exceptional quality. You’ll find the value of what you buy from us vs other dealers is exceptional as well. You can be assured that if we are infactuated with a coin-you will be too and so will everyone else.
NOTE: the 1911S $20 PCGS MS65 CAC is really colorful. The pics may not show it.
We never stop seeking the worlds finest coins!
LEGEND NUMISMATICS IS BUYING! WHAT DO YOU HAVE?
LEGEND RARE COIN AUCTIONS
www.legendauctions.com
A listing of our Regency 42 sale is now posted. The highlight is part II of the Big Mo Civil War collection. This group is all gold. There certainly some exciting coins.
If you have any questions or wish to consign, please call 732-935-1168.
IF YOU HAVE ANY QUESTIONS OR WISH TO ORDER, PLEASE EMAIL US: legend@legendcoin.com. WE DO NOT CHECK OUR PHONE MESSAGES UNTIL MONDAY 9 AM.
