Legend Rare Coin Auctions’ Regency Auction 38 Shows Even in Lock Down, Rare Coin Market is Robust Collector coins shine draw record phone and internet bidding activity on webcast auction

Legend Auction(Lincroft, NJ—5/18/2020)—An auction that was supposed to take place at Harrah’s in New Orleans, as part of the PCGS Members Only Show, was forced to become a webcast event held at Legend’s central New Jersey offices due to the ongoing Coronavirus global pandemic of 2020. Despite this change, results for quality coins, especially those with PCGS and CAC approval, remained strong, showing continued resilience in the coin market. From the start of the sale, which began with the Blue Hill Collection of New Orleans Silver Dollars and Double Eagles, activity was strong. Even before the sale opened for live bidding on the evening of Thursday, May 14, there was a record number of registrants for a sale of this size, (it was a smaller sale featuring just over 300 lots). Those that registered were intent on winning the coins they desired. The New Orleans silver dollars, had such strength that it seems the dollar market might be recovering from the downturn in prices over the last six months, only time will tell. From the first lot, bidding was quite active. Though the 54-O and 56-O did not make their reserves, the other coins saw active bidding, including the 79-O in particular, brought a very strong bid from a very happy collector (it realized $82,250).Walking Liberty half dollars have again proven to be one of the strongest series right now, with high grade examples and esoteric varieties seeing a large number of bidders vying to add coins to their sets. The top price realized for the sale, a wonderful 1909-O half eagle, PCGS MS63 CAC realized a very strong $114,563. Note: all prices reported include the 17.5% buyers premium.

“Interest in this sale started strong and remained that way throughout the close of the sale, as registrations and activity were high throughout the entire presale bidding and live bidding process,” said Matthew Bell, CEO of Legend Auctions. “We actually noticed a marked increase in people planning to follow the sale live, as we fielded seemingly non-stop phone calls throughout this past week from customers eagerly anticipating the live auction Thursday night.”

“The sale started off extremely strong,” echoed Laura Sperber, Founder of LRCA. “The Blue Hill silver dollars were already realizing strong prices after pre-bidding, and many saw those prices increase further during the live auction. We could not be happier with those results, and hope that they foreshadow renewed strength in the dollar market overall. Congratulations to the Blue Hill collector and all the new owners on an amazing night!”
Other highlights of the Blue Hill Collection include:

  • Lot 2. $1 1850-O PCGS MS63 CAC, realized $30,550
  • Lot 40. $20 1855-O PCGS XF45+ CAC, realized $42,300
  • Lot 43. $20 1858-O PCGS AU55 Ex Eliasberg, realized $29,375
  • Lot 47 $20 1879-O PCGS AU53 CAC, realized $82,250

The other anchor collection offered in Regency Auction 38 was the Ogden Avenue Ladies Collection of Proof Liberty Nickels, which ranked #3 on the PCGS Set Registry. The high grade and carefully selected pieces saw very active bidding. The third major collection of Proof Liberty nickels LRCA has sold in the last 12 months, the market warmly welcomed the coins, and they brought generally healthy prices across the board.

Highlights of the Ogden Avenue Ladies Collection, include:

  • Lot 70. 5C 1883 With Cents. PCGS PR67+ CAM CAC, realized $9,988
  • Lot 88. 5C 1901 PCGS PR67+ CAM CAC, realized $4,700
  • Lot 93. 5C 1906 PCGS PR67 CAM CAC, realized $4,348
  • Lot 99. 5C 1912 PCGS PR67 CAM CAC, realized $8,519

Other highlights include:

  • Lot 51. 1C 1865 Fancy 5. PCGS MS66+ RD CAC, realized $17,038
  • Lot 109. 5C 1918/7-D PCGS MS64+ CAC, realized $99,875
  • Lot 113. 5C 1925-D PCGS MS66+ CAC, realized $34,075
  • Lot 136. 20C 1875-CC PCGS MS65+ CAC, realized $21,738
  • Lot 169. 50C 1859-S PCGS MS65 CAC, realized $8,813
  • Lot 178. 50C 1918-S PCGS MS65 CAC, realized $30,550
  • Lot 185. 50C 1929-D PCGS MS67 CAC, realized $64,625
  • Lot 222. $1 1871-CC PCGS XF45, realized $17,038
  • Lot 240. $1 1881-S PCGS MS65 CAC, realized $6,756
  • Lot 251. $1 1887 PCGS MS65 DMPL CAC, realized $2,468
  • Lot 286. $5 1909-O PCGS MS63 CAC, realized $114,563

Legend Rare Coin Auctions’ next auction is being held on Thursday, July 16, 2020, in a sale slated to be held in Las Vegas as the official auction of the PCGS Members Only Show. Featuring the BigMo Civil War Collection, the Incline Collection of Jefferson Nickels, and the Roadrunner Collection of Toned Dollars, part 1, Regency Auction 39 is open for consignments until June 1. For more information about consigning, call 732-935-1168 or email info@legendauctions.com.

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 setting over 120 world record prices in 2019. The firm also had the second highest realizing auction lot of 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.

America the Beautiful Quarters® Program Coin Honoring Weir Farm National Historic Site Available May 18

WASHINGTON – The United States Mint (Mint) will begin accepting orders for products featuring the America the Beautiful Quarters® Program Coin honoring Weir Farm National Historic Site in Connecticut on May 18 at noon Eastern Daylight Time (EDT). This is the second release of 2020 and the 52nd overall in the program. Available product options are:

PRODUCT CODE PRODUCT OPTION MINT MARK PRICE
19ABD 100-Coin Bag P $36.75
19ABE 100-Coin Bag D $36.75
19ABF 100-Coin Bag S $36.75
19ARD Two-Roll Set P, D $34.50
19ARE 40-Coin Roll S $19.75
19ARF Three-Roll Set P, D, S $49.25

The Mint produces the coins in rolls and bags at the Philadelphia, Denver, and San Francisco facilities. The three-roll set contains coins from all three facilities. Unlike the “P” and “D” mint mark quarters, those with the “S” mint mark will not be released into circulation.

The coin’s reverse (tails) design portrays an artist wearing a painter’s smock, painting outside Julian Alden Weir’s studio at Weir Farm. It was inspired by various images of the studio and Weir’s paintings created on the property, as well as descriptions of Weir and his fellow artists’ creative inspiration from the rural environment. The inscription “A NATIONAL PARK FOR ART” is included. Additional inscriptions are “WEIR FARM,” “CONNECTICUT,” “2020,” and “E PLURIBUS UNUM.”

The obverse (heads) of the America the Beautiful Quarters Program Coins features the restored 1932 portrait of George Washington by sculptor John Flanagan. Required obverse inscriptions are “UNITED STATES OF AMERICA,” “LIBERTY,” “IN GOD WE TRUST,” and “QUARTER DOLLAR.”

The Mint accepts orders at catalog.usmint.gov. Information on shipping options is available at catalog.usmint.gov/customer-service/shipping.html.

Due to the impact of COVID-19, our sales centers are closed until further notice. Click here for details.

Note: To ensure that all members of the public have fair and equal access to United States Mint products, the United States Mint will not accept and will not honor orders placed prior to the official on-sale date of May 18, 2020, at noon EDT.

United States Mint Opens Sales for 2020 Basketball Hall of Fame Commemorative Coin Program on June 4

WASHINGTON – Products in the United States Mint (Mint) 2020 Basketball Hall of Fame Commemorative Coin Program will go on sale June 4 at noon Eastern Daylight Time (EDT). Available options and pricing are below.

PRODUCT CODE PRODUCT OPTION INTRO PRICE REGULAR PRICE ORDER LIMIT
20CA Proof $5 Gold Coin Per Grid Per Grid 1
20CB Uncirculated $5 Gold Coin Per Grid Per Grid 1
20CC Proof Silver Dollar Coin $69 $74 25
20CD Uncirculated Silver Dollar Coin $64 $69 25
20CE Proof Clad Half Dollar Coin $39 $44 None
20CG Uncirculated Clad Half Dollar Coin $37 $42 None
20CH Kids Set N/A $45 5

Pricing for the $5 gold coins is based on the Mint’s “Pricing of Numismatic Gold, Commemorative Gold, and Platinum Products” table at catalog.usmint.gov/coins/gold-coins/. Introductory prices are in effect until July 6, 2020, at 3 p.m. EDT, after which regular pricing will take effect. The above household order limits will be in effect for the first 24 hours of sales.

The Basketball Hall of Fame Kids Set includes an enhanced uncirculated half dollar. The coin’s finish was created using a new advanced technique to laser polish some of the design elements while preserving the intricate details. Some areas of the enhanced uncirculated finish have a brighter sheen than a standard uncirculated coin but not the full mirror-like appearance of a proof coin. This product is expected to begin shipping in September 2020. Please visit our website for updates.

The Basketball Hall of Fame Commemorative Coin Program includes the Mint’s first colorized coins. Colorized versions of the silver dollar and clad half dollar coins will be available later this year.

All coins in the program are dome-shaped and feature a common obverse (heads) design that portrays the fast pace, intensity, and hands-on action of a basketball game—the constant, competitive struggle for possession of the ball and the skill required to clear the hoop. The design features three players reaching for the ball in unison, reflecting how the sport of basketball has brought together diverse people around the world through a simple, universal, and unifying athletic experience. Their arms are slightly elongated to emphasize the full exertion of physical and mental energy required to excel in this sport. The rim and net are subtle background design elements complementing the three players. Inscriptions are “LIBERTY,” “IN GOD WE TRUST,” and “2020.”

The common reverse design depicts a basketball about to pass through the net, with the inscriptions “UNITED STATES OF AMERICA” and “E PLURIBUS UNUM.” Additional inscriptions include “FIVE DOLLARS” on the gold coin, “ONE DOLLAR” on the silver dollar, and “HALF DOLLAR” on the clad coin.

Mintage for this commemorative coin program is limited to 50,000 $5 gold coins, 400,000 silver dollar coins, and 750,000 half dollar coins. Coin prices include surcharges of $35 for each gold coin, $10 for each silver coin, and $5 for each half-dollar coin, which are authorized to be paid to the Naismith Memorial Basketball Hall of Fame, a 501(c)(3) nonprofit organization, to fund an endowment that will enable increased operations and educational programming.

The Mint accepts orders at catalog.usmint.gov/. Due to the impact of COVID-19, telephone ordering is not currently available. Information about shipping options is available at catalog.usmint.gov/customer-service/shipping.html.

Note: To ensure that all members of the public have fair and equal access to United States Mint products, the United States Mint will not accept and will not honor orders placed prior to the official on-sale date and time of June 4, 2020, at noon EDT.

America the Beautiful Five Ounce Silver Uncirculated Coin™ Honoring Weir Farm National Historic Site on Sale May 18

Weir Farm 5ozWASHINGTON – The United States Mint (Mint) will accept orders for the 2020 America the Beautiful Five Ounce Silver Uncirculated Coin™ honoring Weir Farm National Historic Site in Connecticut beginning on May 18 at noon Eastern Daylight Time (EDT).

Priced at $178.25, this coin’s reverse (tails) design portrays an artist, wearing a painter’s smock, painting outside Julian Alden Weir’s studio at Weir Farm. It is inspired by various images of the studio and Weir’s paintings created on the property, as well as descriptions of Weir and his fellow artist’s creative inspiration from the rural environment. The composition allows the viewer to feel as if he or she is standing where Weir once stood. The inscription “A NATIONAL PARK FOR ART” is included. Additional inscriptions are “WEIR FARM,” “CONNECTICUT,” “2020,” and “E PLURIBUS UNUM.” The obverse (heads) features a 1932 restored portrait of George Washington. Each coin is encapsulated and comes with a Certificate of Authenticity. Production is limited to 20,000 units. There is no household order limit.

The Mint accepts orders at catalog.usmint.gov. Information on shipping options is available at catalog.usmint.gov/customer-service/shipping.html.

The America the Beautiful Five Ounce Silver Uncirculated Coins™ are also available for purchase through the Mint’s Product Enrollment Program. To learn more, visit us online at catalog.usmint.gov/shop/enrollments/.

Due to the impact of COVID-19, our sales centers are closed until further notice. Click here for details.

Note: To ensure that all members of the public have fair and equal access to United States Mint products, the United States Mint will not accept and will not honor orders placed prior to the official on-sale date of May 18, 2020, at noon EDT.

United States Mint Introduces New Storage Box for Collectible Coin Rolls on May 18

WASHINGTON – The United States Mint (Mint) will roll out the new Coin Roll Collector Box (product code K65) on May 18 at noon Eastern Daylight Time (EDT). The new storage box replaces the Quarter Roll Collector’s Box (K61) and the Dollar Coin Rolls Collector’s Box (K62).

Priced at $16.25, the Coin Roll Collector Box conveniently stores rolls of $1 coins or quarters issued in the Native American $1 Coin Program, the American Innovation™ $1 Coin Program, and the America the Beautiful Quarters® Program. The box will also accommodate coin rolls issued under past programs, including the Presidential $1 Coin Program, the 50 State Quarters Program, and the District of Columbia and U.S. Territories Quarters Program. Up to five $1 coin rolls (25 coins per roll) or five quarter rolls (40 quarters per roll) can be stored.

The Coin Roll Collector Box measures 6.5 in. x 4.5 in. x 1.5 in. and is constructed of chipboard wrapped in black leather-textured paper. The United States Mint seal is imprinted on the box in silver colored foil. A plain white, disposable sleeve protects the exterior surfaces during transport. The Mint accepts orders at catalog.usmint.gov/. Visit catalog.usmint.gov/customer-service/shipping.html for information about shipping options.

Due to the impact of COVID-19, our sales centers are closed until further notice. Click here for details.

Note: To ensure that all members of the public have fair and equal access to United States Mint products, the United States Mint will not accept and will not honor orders placed prior to the official on-sale date and time of May 18, 2020, at noon EDT.

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