WHAT: The United States Mint (Mint) will conduct a sales launch event for the 2019 American Innovation 2019 $1 Coin Proof Set. Mint Director David J. Ryder will deliver remarks and will be on hand to sign Certificates of Authenticity.
WHO: David J. Ryder, Director, United States Mint
WHEN: Friday, October 11, 2019, 12:00 NOON EDT
WHERE: United States Mint Facility at Philadelphia, Public Tour Entrance, 151 N. Independence Mall East, Philadelphia, Pa. 19106
Wayne Miller, whose groundbreaking books on Morgan and Peace Dollars have guided numismatists for decades, is joining a prestigious group of people who hand sign certification labels exclusively for NGC.
The label that Miller will sign features an image of his famous work, “The Morgan and Peace Dollar Textbook,” first published in 1983. Miller also wrote “An Analysis of Morgan and Peace Dollars,” first published in 1976.
Miller’s expertise and passion for the coins also resulted in a personal collection of Morgan and Peace Dollars that was widely regarded as the finest of its kind and which was sold in 1986 for a then-record $1.2 million.
“Wayne Miller is the ‘King of Silver Dollars,’” NGC Chairman and Grading Finalizer Mark Salzberg said. “He was a true visionary and recognized the rarity and value of Prooflike and Deep Prooflike silver dollars long before anyone else. His textbook was invaluable to me at the very beginning of my career, guiding me to silver dollars, especially PL and DPL ones. It is an honor to be able to work with him.”
Eye Appealing and High Quality Coins Reign Supreme at Legend Rare Coin Auctions 34th Regency Auction
(Lincroft, NJ—September 27, 2019) Legend Rare Coin Auctions presented its 34th Regency Auction on the evening of September 26, 2019 at the Bellagio, and as usual, high end quality performed very well. Online, in person, and phone attendance at the auction, which was held as the official auction for the PCGS Members Only Show, set another record for the firm. Since its founding, LRCA has presented the finest, curated boutique auctions that focus on high quality rare U.S. coins, attracting today’s most advanced and sophisticated collectors to participate as both consignors and buyers. This matching of the best coins from the best sources to the best buyers has resulted in exceptionally strong results. Regency Auction 34 was no exception to this trend.
Taking top honors was lot 165, a Gem MS65+ 1926-S nickel graded by PCGS and endorsed by CAC, realizing $246,750—a record for any PCGS-graded example of the date. (Note: all prices included in this press release include the firm’s 17.5% buyers’ premium). This amazing coin, tied for finest PCGS certified, is now a part of a world class collection of nickels.
“Even though the overall market seems somewhat sluggish, our sale was very healthy” said Julie Abrams, president of LRCA. “Trends that we have seen over the last year or so are consistent, and we think that the market for ‘average’ coins has finally found its bottom. Nickels seemed to draw the most attention as a denomination. The Meridian Collection of Proof Liberty Nickels saw some of the most active bidding in the entire sale. The results proved that high quality and eye appealing coins, even if they are not Top Pop will still bring very strong results. We saw this elsewhere in the sale as well,” Ms. Abrams continued.
“Exciting coins,” explained the firm’s founder Laura Sperber “created exciting results. There were a number of record shattering prices realized, which when added to the 92 record breakers that we had in the first half of 2019, will bring the total to well in excess of 100 new all-time world record prices realized in auction by the firm this year.”
“While activity prior to the sale showed that bidding activity would be strong, it is very interesting how big a surge of bidding took place during the sale, and there were many lots that saw protracted bidding wars break out between phone and floor bidders or several online bidders going up against each other.” Matt Bell, executive VP of LRCA said. “Overall, we had a very successful auction and we are pleased with the results! Just look at these incredible prices realized:”
- Lot 5. 1C 1856 Flying Eagle. PCGS PR66 CAC realized $70,500
- Lot 107. 5C 1876 PCGS PR67 DCAM realized $17,625
- Lot 125. 5C 1892 PCGS PR67+ CAM CAC realized $18,213
- Lot 150. 5C 1896 PCGS PR67+ CAC realized $15,275
- Lot 165. 5C 1926-S PCGS MS65+ CAC realized $246,750
- Lot 180. 5C 1936 Brilliant. PCGS PR68+ realized $39,950
- Lot 215. 10C 1939-D PCGS MS69 FB CAC realized $42,300
- Lot 236. 25C 1899-S PCGS MS67 CAC realized $9,694
- Lot 255. 25C 1950-D PCGS MS67+ CAC realized $7,638
- Lot 271. 50C 1845 PCGS MS64+ realized $16,450
- Lot 282. 50C 1883 PCGS PR66 CAM CAC realized $9,694
- Lot 303. 50C 1940 PCGS MS68+ CAC realized $29,375
- Lot 311. 50C 1949-S PCGS MS67+ FBL CAC realized $18,213
- Lot 324. 50C 1963 PCGS MS66+ FBL realized $85,188
- Lot 399. $1 1885-S PCGS MS66+ CAC realized $19,975
- Lot 407. $1 1889-CC PCGS MS63+ PL CAC realized $99,875
- Lot 422. $1 1897 PCGS MS67+ CAC realized $24,675
- Lot 434. $1 1904-O PCGS MS67 CAC realized $15,275
- Lot 450. $1 1926-S PCGS MS66+ CAC realized $41,125
- Lot 451. $1 1927 PCGS MS66 realized $30,550
- Lot 463. $2.50 1893 PCGS MS67+ CAC realized $27,025
- Lot 468. $2.50 1883 PCGS PR66+ DCAM CAC realized $52,875
- Lot 498. $20 1892-S PCGS MS65 realized $19,388
“What we can tell from these results is the Set Registry program is bringing more and more people to bid in auction for top grade specimens, especially in popular 20th century series,” said Greg Cohen, senior numismatist of Legend Rare Coin Auctions. “Top grade Proof Liberty nickels, top pop Mint State 20th century coins, especially Franklin half dollars have over performed. Just look at the 1939-D dime in MS69 FB CAC and the 1963 Franklin half in MS66+ FBL!”
Legend Rare Coin Auctions next sale is a special Regency Event, called Exclusively Legend, which features the properties of five of Legend Numismatics’ long time customers and will be held on Thursday, October 24, at the New Orleans PCGS Members Only Show. Consignments are now being sought for the December Regency Auction 35. For more information about these auctions, or to consign, contact Legend’s consignment specialists: Julie Abrams, President, at firstname.lastname@example.org; Greg Cohen, Senior Numismatist, at email@example.com; or Jessica Berkman, Consignment Director, at firstname.lastname@example.org.
A final note from Laura Sperber: “We have already received so much great feedback from consignors and successful bidders, many of whom said they cannot wait to participate in the next Regency Auction. Space is filling up quickly, we already have over 250 coins in house for the December sale, so get your coins to us as soon as possible to ensure your place in Regency Auction 35!”
Legend Rare Coin Auctions is a boutique numismatic auction company specializing in the finest and rarest U.S. coins. Founded in 2012 by Laura Sperber, the owner and president of Legend Numismatics, the premier rare coin retail firm. LRCA was, from the outset designed to be a different kind of rare coin auction firm. LRCA’s staff of numismatic auction industry veterans includes Julie Abrams, president; Greg Cohen, senior numismatist; and Jessica Berkman, consignment coordinator. The firm’s Regency Auctions serve as the official auction for the PCGS Members’ Shows, held six times per year. Since its founding, LRCA has sold many important collections, resulting in world-record prices, including the Coronet Collection of Morgan Dollars (#1 all time PCGS set); the David Hall—Bob Simpson Collection of Liberty Head Eagles; the Sunnywood-Simpson Collection of Morgan Dollars; the Phil Flannagan Collection of Territorial Gold, Toned Dollars, and 1795 coins; duplicates from the Gerald Forsythe Collections of Buffalo Nickels and Mercury Dimes; the Bob Simpson Collection of Standard Silver Patterns; the Northern Lights Collection of Monster Toned Morgan Dollars; the Crow River Collections of Indian Head $10s and Peace Dollars; the P.F.M Collection (former #6 PCGS Set of Morgan Dollars with varieties); the Oak Crest Collection of Carson City $5 gold; the Konstantine Collection of Capped Bust Half Dollars, the #1 PCGS Set of Red Book varieties, 1807-1836. The firm’s impressive record also includes the 2nd highest APR in 2016 with the sale of Bob Simpson’s duplicate 1879 $20 “Quintuple Stella” which realized $1,880,000. To consign to an upcoming auction, visit www.legendauctions.com and contact a consignment specialist today.
David Motl, Former US Mint Acting Principal Deputy Director, Agrees to Exclusive NGC Signature Label Deal
David Motl, who formerly served as the Acting Principal Deputy Director of the US Mint during a particularly innovative time in its history, has agreed to individually hand sign certification labels exclusively for NGC.
Motl became Acting Principal Deputy Director of the US Mint and its senior career official in January 2017, placing him in charge of the Mint until he retired in January 2018. During Motl’s tenure, the Mint celebrated its 225th anniversary, which it commemorated with the American Liberty 225th Anniversary Gold Coin and Silver Medal. The American Liberty Gold Coin went on to win “Best Gold Coin” at the World Money Fair in Berlin in 2019.
Motl also supervised the release of the 2017 American Palladium Eagle, the first palladium coin issued by the United States, as well as the 2017-P Lincoln Cents, the first cents to feature the “P” mintmark.
“I am proud to collaborate with NGC to highlight the important recent work of the US Mint and to further the narrative of our nation’s history as told through the story of US coins,” said Motl.
NGC David Motl Authentic Hand-signed Labels will be available soon from select retailers.
Patrick A. Heller was honored during the Industry Council for Tangible Assets dinner in Rosemont, Illinois, on August 14. He is stepping down as treasurer after 17 years of service. Heller will continue to serve as a director and ICTA’s states’ sales-tax exemption guru.
“It has been my honor to serve as ICTA treasurer for so long. I won’t completely retire from ICTA as I will continue as a board member until next August,” said Heller. “Further, I will continue to serve ICTA with my expertise at helping gain more state sales and use tax exemptions on retail sales of precious metals bullion and rare coins.”
Heller has received numerous local and national awards over his career, including the Industry Council for Tangible Assets Diane Piret Memorial Outstanding Service Award.
Heller received an engraved clear crystal wave service award. A chocolate cake with “Thank you, Patrick Heller!” was also presented to him and enjoyed for dessert by everyone at the dinner.
John Fisher (Fisher Precious Metals, Deerfield Beach, FL) was installed as the new treasurer during the ICTA board of directors meeting earlier that day. Fisher immediately stepped into his role as treasurer.
Fisher remarked, “I’m honored to serve ICTA members and I look forward to working with Jimmy, David, and the directors.”
At the board of directors meeting, Patrick Perez (CDN Publishing, Virginia Beach, VA) was also installed as secretary, filling that vacant position when Richard Weaver stepped down in May. Weaver was recently selected as the new Professional Numismatists Guild president.
“I am happy to serve as ICTA’s secretary. ICTA has an important role in the numismatic community and I look forward to helping the association fulfill its mission,” said Perez.