THE COIN MARKET IS UNDERVALUED
Cars, glass, watches, comic books, and of course art all carry far more value then coins. We just bought the 25C 1913 PGS PR68+ CAC for $24,675.00 all in. There were 613 minted and only 3 coins graded PR68+. We wonder why this is not a $50,000.00 coin. The coin has awesome eye appeal. Even cars with mintages of 500 sell for $500,000.00! There are many top pop coins valued at UNDER 25,000.00. Even certain six figure coins (like Bust Dollars in GEM) are determined to be cheap today.
We might finally be coming to a higher ground. There are very aggressive new people buying coins. They see the future values. They also see a very limited supply. It is safe to say most of todays great coins are found in auctions. Even in a crazy competition, we still see coins as cheap.
With coins there are obsolete pieces, pieces with killer eye appeal, low mintages, historical facts, and coins that are rarely seen. Add all this up and you have an undervalued market (you can buy a GEM Bust Half for UNDER $10,000.00 today). Look at the $1 1902 PCGS PR66 Cameo we are offering. The coins is a MONSTER. And it is pop 1 FINEST graded. Why isn’t worth $50-75,000.00? There are so many coins like that.
Overtime we hope this will be erased. Coins are pure supply /demand. Right now heavy demand is percolating-but is falling short of where it should be. We are trying to tackle a few issues (gradeflation and coin doctoring) and are making some headway. It will take time. We stand firm in our opinion that the coin market is undervalued.
It was not easy but we managed to hobble together a nice offering of NEWPS.
The highlight is the 1913-S 25C PCGS MS66+ CAC.
Other highlights include:
5C 1914-D PCGS MS67 CAC
$1 1902 PCGS PR66 CAMEO CAC-THE FINEST GRADED!
$2.5 1906 PCGS PR67 Cameo CAC.
We have several other coins that in hand will blow you eye balls out: $1 1881S PCGS MS66 DMPL CAC and the $1 1925 PCGS MS67 CAC. Of course we have many other neat looking and high quality coins offered in our large PCGS CAC inventory.
LEGEND RARE COIN AUCTIONS
BID NOW! REGENCY AUCTION #41 CLOSES THURSDAY OCTOBER 8TH AT 4:30PST WITH A LIVE SESSION.
This sale has 461 lots and included in those lots are some of the best coins you will ever see (The Bruce Morelan Collection of Bust Dollars is and will forever be the finest assembled).
A NOTE ABOUTE THE BRUCE MORELAN COLLECTION
There will never be another one even close or like it. Bruce had an intensity for his collections that was unequalled. If a coin was slightly better then the one he had-he would buy it. When other coins appeared Bruce was aggressive and paid what it took to own them.
His Bust Dollar set is the finest ever. We congratulate Bruce on creating such a world class collection. We hope his coins sell for which would be record prices!
If you any questions please email or call 732-935-1168.
You do NOT want to miss this sale!
IF YOU HAVE ANY QUESTIONS OR WISH TO ORDER PLEASE EMAIL US: www.legendcoin.com. WE DO NT CHECK OUR PHONE MESSAGES UNTIAL 9 AM MONDAY