A CRAZY WEEK
Legend and Legend Rare Coin Auctions enjoyed a most powerful week. Off the web site, Legend sold many coins-highlight $1 1873-CC PCGS AU55. Our coin of the week, 1C 1858 PCGS PR65 Cameo CAC had 5 buyers! LRCA held an unbelievable auction. Our sales at the PCGS Invitational were beyond our expectations.
Every time we think the market will slow; it does the opposite to us. We’ve been though too many cycles over the years not to be suspicious. The lack of coins mystifies us. Demand clearly is building-still. Putting up some cool NEWPS PCGS CAC (of course) is like a feeding frenzy. Auctions are the same way. The one constant, collectors LOVE PCGS CAC coins!
THE LEGEND RARE COIN AUCTION
With two hours to go we were ready to write this sale off as a ho hum below average sale for the first time in our history. Then with just an hour left we had a huge wave of several hundred registrants. There was nothing but action in this sale from start to finish.
The Dale Friend Collection of Bust Halves drew some world record beyond Pluto prices. Look at these highlights:
10 50C 1818/7 SM 8 PCGS MS65+ CAC $36,425.00
14 50C 1823 PCGS MS66 CAC $70,500.00
17 50C 1827 SQ 2 PCGS MS66 CAC $55,812.50
20 50C 1828 SQ B 2 SM 8’S PCGS MS66+ CAC $43,475.00
27 1838 RE PCGS MS65 $24,675.00
36 $1 1883-CC PCGS MS66 CAC $2,585.00
The Oak Collection of MS $3’s blew away all our expectations:
197 1854-D AU 55 $79,312.50
203 1857 PCGS MS65+ CAC $52,875.00
205 $3 1858 PCGS AU58 CAC $16,450.00
213 $3 1865 PCGS MS64 CAC $52,875.00
220 $3 1872 PCGS MS64 CAC $42,300.00
223 $3 1877 PCGS MS64+ CAC $102,812.50
228 $3 1882 PCGS MS66 PL CAC $73,437.50
233 $3 1887 PCGS MS65 CAC $25,850.00
235 $3 1889 PCGS MS66 CAC $30,550.00
The non-world record priced lots all brought super strong prices! Clearly the demand for better gold is alive and is still starved!
The Glorious Pattern Collection had more bidders than we have ever seen for Patterns. We were stunned at how many records were set!
284 1C 1851 J-127 ORIGINAL PCGS MS65 CAC $5,405.00
286 1C 1855 J-170a PCGS PR65 CAC $24,675.00
292 1C 1863 J-300 PCGS PR65 CAMEO CAC $8,812.50
296 5C 1866 J-488 PCGS PR65 $29,375.00
306 25C 1870 J-883 PCGS PR66 CAMEO CAC $10,281.25
311 $1 1873 J-1281 PCGS PR65 CAMEO CAC $22,912.50
312 $1 1878 j-1550A PCGS PR65 CAC $30,550.00
315 50C 1879 J-1602 PCGS PR66RB CAC $36,425.00
317 $1 1880 J-1653 PCGS PR67 CAMEO CAC $27,025.00
The 3 named Collections had crazy exceptional results overall. Here are some single coins results:
41 1C 1793 LIB CAP PCGS AU50+ CAC $352,500.00
127 10C 1866 PCGS MS66 CAC $6,168.75
178 $1 1893-O PCGS MS64+ CAC $52,875.00
192 $1 1934-S PCGS MS65 CAC $14,687.50
278 50C 1935 ARK PCGS MS67+ CAC $21,737.50
280 50c 1926-S OREGON PCGS MS68+ CAC $31,725.00
What sale! There probably were more strong (but not moon money) prices in this sale then we have ever seen!
ALL of the lots listed above had multiple bidders. There were very few one and done sales.
Legend Numismatics firmly believes if you have the “right” quality coins, they will sell for strong money. This sale more then proved that.
NEWPS
We did not get in some packages, so we have just handful of NEWPS this week. As you can expect from us, each NEWPS is handpicked for the best quality and eye appeal.
Unfortunately, we did not buy a single coin at the New Orleans PCGS invitational. There was nothing there we liked.
LEGEND RARE COIN AUCTIONS
www.legendauctions.com
Don’t forget to check out our Internet ONLY sale that closes Sunday starting at 7 PM EST
What a high we are on! Never did we expect to have such a strong sale. If you had noticed we were bragging about thousands of eye balls or registered bidders. For this sale, the real action was within an hour of opening. We had never seen a crowd wait like that.
Yet again, Legend Rare Coin Auctions has proven the power of our boutique style. We’re a small auction yet we clearly get BIG AUCTION HOUSE RESULTS!
Auction 53 is really taking shape. We have the COMPLETE (70-S Inc) M+S Petty Collection, a marvelous Collection of Bust Quarters, and the beautiful Unforgettable Collection of Toned Commems.
If you wish to place your set or coins in this sale, please contact us immediately, space is running out. Let our team work with you to create the best way to sell your coins to achieve the BEST results!
IF YOU HAVE ANY QUESTIONS, OR WISH TO ORDER, EMAIL US: legend@legendcoin.com. WE DO NOT CHECK OUR PHONE MESSAGES UNTIL 9 AM TUESDAY
