SUMMER DOLDRUMS? NOT REALLY

As we mentioned last week, Long Beach was a far better show then we expected. We sold $200,000.00 which is more than we had sold there in a year. Plus, we picked some interesting deals (which are now being processed). We have also enjoyed decent sales off our web site. That is why we went into our vault and posted a few NEWPS for the holiday week. It is also our feeling that the upcoming summer FUN Show will be a good show to do business. We will be sharing a table with Legend Auctions.

We don’t foresee any blockbuster deals happening but a slower and steady activity from now through The Summer ANA Show. There will be pockets of sharp interest and when the “right” coin comes along, it won’t be cheap and it will not last.

THE NEW CAC GRADING

Here we go! Looks like CAC is almost ready to fully launch.

Of course, we support the new service. It will be interesting to see how dealers/collectors react. We do not think they are ready for how strict CAC Grading will be. The premise of the new CAC Grading is to bring top graders and a top product to the market. No one can match what the new CAC Grading is doing and no one has graders equal to the new CAC Grading team.

It is our opinion that most collectors may not rush to cross their PCGS/CAC coins to the new service but will eventually switch entirely as more and more product becomes available. We see PCGS/CAC coins continue to enjoy their popularity and being sought out – their market values are the highest, period. We just cannot see the new CAC Grading service outperforming that at this point. For now, sit back and enjoy your coins as they are.

Legend WILL buy and offer the new CAC Grading coins. However, if a customer wants a coin PCGS/CAC coin, we will cross it. There are just so many collections out there in PCGS/CAC holders right now. Stay tuned on this subject. Do not hesitate to discuss your collection needs with us.

NEWPS

We haven’t been offering great amount of NEWPS for the past couple of weeks. Time to get back to business!

There are some wonderful NEWPS now posted! Highlights include:

2C 1865 FANCY 5 PCGS MS 66RD CAC A MONSTER HEADLIGHT RED COIN!

10C 1897 PCGS PR67+ CAMEO CAC THE ULTIMATE B+W GEM

10C 1916-D PCGS MS 64FB CAC KILLER COLORS!

$1 1881-S PCGS MS68+ CAC A BLAZING WHITE MONSTER!

$20 1913-S PCGS MS64+ CAC EX HALF DOME HAS THE FLASH OF A COMMON DATE!

We tried to post a selection that will please everyone’s tastes and budgets. These are NOT average coins. Legend only sells top quality with super eye appeal.

We invite you to check out our inventory listings!

LEGEND RARE COIN AUCTIONS

www.legendrarecoinauctions.com

Our Regency 60 Sale is now live! As usual the team worked hard to source some really nice pieces for the sale. We are pleasantly surprised that the early eyeballs on the Watch list have been huge. We expect another highly successful sale.

Regency 60 will be available for viewing at the upcoming Summer FUN Show.

We also invite you to check out our ever-growing Weekly auctions. We have some really cool coins coming up! In fact, along side Regency 60 is the second part of “the old holder deal”. Check it out!

LRCA is always accepting consignments. contact the best team in the auction’s biz for the most comprehensive personalized services. 732-935-1168

A FINAL NOTE: LAURA’S NEW EMAIL ADDRESS IS: laura@legendcoin.com. Feel free to contact her if you have any questions.

OUR OFFICES WILL BE CLOSED FOR THE WEEK OF JULY 4TH. DO NOT HESITATE TO EMAIL US. We will NOT be checking our phone messages until we are back Monday, July 10TH.