QUIET BEFORE THE CSNS STORM

Nothing of significance happened this past week with rare coins. It seemed every one (including us) was consumed by circ. gold and silver along with lesser grade generics. We were told by knowledgeable sources there were two dealers-one doing $10 MILLION A DAY in the stuff and another making as much as $150,000.00 A DAY! Two weeks ago we heard of one firm that made $750,000.00 in a day! Do you have any idea how much business this is? Sooner or later it will bleed into rare coins. All these firms were tied into telemarketers. It is how collectors sometimes start out. We’ll see if gold can remain above $2,000.00 and for how long.

BUY CAC OR NO CAC

If you do not not know coins, you MUST buy CAC beaned pieces. Why? You can’t grade. And even if you can, you do not have the sharp eyes and experience of the CAC graders. The crack-out dealers have gotten so good they can fool many people. It is also our strong opinion that one grading service simply does not have experienced graders; thus resulting in all kinds of poor quality coins being made. Ouch!

No matter how cheap you may pay; a coin with problems is a BAD purchase. Yes, there are coins that we all scratch our heads on as to why they were not beaned by CAC, but those coins still need to be bought cheaper. You really should get a second opinion on those coins anyway. There are many CAC only people out there these days. So the non CAC market is far less-sometimes so far less it looks too inviting. We stress BUY CAC ONLY today.

NEWPS

What a selection we have this week. Our highlight coin is the amazing $20 1908-S PCGS MS66 CAC Ex Akers/Duckor. This coin was David Akers personal piece. Back in the day, Akers was the ultimate authority on Saints. So you know this is not just any old piece!

We also have a killer $1 1884 PCGS MS68 CAC. It was the very first 1884 MS68 graded. It came out of a monster roll 20+ years ago. This coin is totally original.

Last we have a monster $5 1885 PCGS PR65 DCameo CAC. WOW! There is a reason why Proof gold is considered the caviar of numismatics! Another mind boggling WOW coin!

Check out our NEWPS and our complete inventory. We ONLY offer PCGS CAC pieces to collectors. Every coin is handpicked for its HIGH END quality and superior eye appeal.

LEGEND RARE COIN AUCTIONS

NEXT WEEK IS IT!  OUR CSNS SALE CLOSES THE 27TH WITH A LIVE AUCTION.

If you can’t be there, be ready! This is one of our greatest sales in years. Visit our web site to bid now or to view the coins. Lot viewing will begin Tuesday afternoon at the show.

LEGEND AUCTIONS HAS WEEKLY SALES TOO!

These sales are growing stronger each week. Expect to see some really great sales in 2-3 weeks!

If you have consignments for our Regency sales (next sale is in July) please email or call the BEST auction staff in the biz: 732-935-1168

We look forward to doing business with you!

IF YOU SEE A COIN OF INTEREST, PLEASE EMAIL US. WE WILL NOT BE CHECKING OUR VOICEMAILS UNTIL MONDAY 9AM.