PRE BALTIMORE SHOW

BACK TO THE REAL WORLD

VISIT US AT TABLE 643 AT THE BALTIMORE SHOW

Legend is selling coins. But we have to work hard to make each sale. We just do not feel a “flow”. Plus, we have some serious projects in the works which we expect to complete by the end of the month.

One thing that is happening to us-we are the only dealers with full PCGS CAC offerings. With so little to choose from out there, people are now finding us, and coins we scratched out heads that did not sell right away now are. Or in the case of the $2.5 1796 PCGS XF40 CAC, we could have sold that coin 3 times!

Today we are preparing for the Baltimore Show. We are not optimistic at all that the show will be good based on the fact we had a miserable FUN and worse Long Beach. We shall see what happens. Typically, of the Baltimore shows the November show is the best. Just with no real fresh cool coins around there is little for us to buy. The crack out dealers are basically broke so over all wholesale is dead. Legend Numismatics has stopped considering shows as part of where the current market is. We look at auctions and talk to our peers to find out how their sales are at the office.

GOLD

Everyone knows Legend Numismatics are huge gold bugs. We love the fact gold is silently creeping up. We are totally amazed that both sales of generics and semi better gold along with the generic premiums seem frozen.

This past week we do know of 2 major telemarketers who told us their gold sales have picked up. They were calling around for things GEM Indian gold and GEM $20 Lib’s. Soon the limited supply will be dried up and prices MUST rise. We do not understand why people are not buying more today-gold is a pretty good value in our opinion.

Legend Numismatics is buying better gold too:

$20 High Reliefs PCGS/NGC CAC MS65+66

$20 Liberties PCGS CAC ONLY MS65+66

$10 Indians PCGS CAC ONLY MS66+67

$5 Liberty’s PCGS CAC ONLY MS67

ALL Proof $10+20 PCGS CAC 65 and higher.

We can spend $10,000,000.00 today on better gold. what do you have? Sorry, we are not looking for C or D Mint coins.

NEWPS

Could only do a small offering. We’re running on empty again. Our main highlight is the $5 1898 PCGS PR65 DCameo CAC. We kind of lucked into it.

All the other coins are HIGH END and have fantastic eye appeal.

We are going to work hard at Baltimore to stock up on the coins we all crave. In fact, we were offered some small groups of coins for an “early first shot” already. Bought them but sold them as they were for some Want Lists. We were very disappointed our source had little else. They all were complaining how tight CAC was.

Again, Legend is buying better coins, what do you have for sale? Email George Huang: legend@legendcoin.com.

ALL NEWPS ARE NOW POSTED

LEGEND RARE COIN AUCTIONS

www.legendauctions.com

WE WILL HAVE A SELECTION OF OF COINS FROM THE SALE AT BALTMORE.

As expected our Regency 31 sale (which is live) is off to a spectacular start. In the first 24 hours we had over $2,000,000.00 in serious bids-including the $10 1795 meeting its reserve! The number of eye balls to the sale is beyond any records we have ever had.

To every one looking at the sale, do not expect many bargains. This sale is loaded with top quality incredible coins. We expect coins in the Intense Cameo Collection to sell for multiples. All we can say is be prepared.

Since we know this is going to be a highly active sale, we do request if you need to phone bid or need special terms, contact us today. Or if you have any questions or need assistance, do not hesitate to email or call us.

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