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Posted: November 3, 2017 06:14 PM EDT| 0 Replies
WHAT A WEEK
Legend Numismatics probably had one of its best weeks since April when we had a blockbuster week. It started with a trip to Dallas (heritage) to lot view and bid in the sale and ended with our President, Laura Sperber actually playing tennis with both Chris Evert and Martina Natrolova (and remaining on her feet)!
Sales at the office were slower until the end of the week. Sure enough, we usually have a decent sale on a Fridays and this time it happened to be that incredible 1830 PCGS PR62+ CAC Bust Half we owned. Sadly, we did not Want List Sales all week, as we could not find anything out side of the auction.
AN IMPORTANT QUESTION
A long time and knowledgable customer of ours asked us “is the market down”?. Our replay: ONLY one dreck and non CAC coins (unless they are fresh).
We told him our auction proved there is a strong market for quality, and watch what the Heritage Auction was going to do. Even the non Newman part of the Heritage Sale went somewhat crazy-FOR THE NICE COINS. We got shut out on many. A fresh group of 2C pieces brought really strong money because people got excited. We have a 2C 1872 PCGS PR66 CAC that is gorgeous, however as we have been trying to point out, one coin does not shake the tree of excitement.
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