LINCROFT, NJ â€" Legend Rare Coin Auctions is proud to present their tenth sale, The Regency Auction X, which will be held Thursday, December 18th in conjunction with the PCGS Members Only Show at The Venetian/Palazzo in Las Vegas. In addition to several prestigious collections, this sale includes a total of 338 lots, all carefully vetted by their world class numismatists. The Regency Auction X will be preceded by two full days of lot viewing, and one day of lot viewing by appointment, which the Legend Auctions staff has added for the sale.
"We would like to convey our heartfelt thanks to everyone who has supported us thus far, especially our buyers and consignors." stated Legend Rare Coin Auctions president Julie Abrams. "Our tenth Regency sale boasts not just one, but two significant collections: The Sunset Hill Collection of Proof Morgan dollars and The Bob Simpson MS Barber dime Collection, ranked number one on the PCGS Registry. Additional rarities include the 50C 1873-CC Arrows Multi Strike & Brockage Error Coin and a breathtaking 1795 Draped Bust Dollar. This promises to be a truly memorable sale!"
Just a few of the breathtaking coins offered for sale in The Regency Auction X include:
H1C 1793 PCGS AU58BN Ex Troy Wiseman Collection 10C 1894-O PCGS MS66 CAC Ex Eliasberg/Simpson 10C 1895-O PCGS MS66 CAC Ex Simpson 10C 1896-O PCGS MS66+ CAC Ex Pittman/Simpson 10C 1910 PCGS MS68+ CAC Ex Simpson 10C 1911 PCGS MS68+ CAC Ex Simpson 25C 1898 PCGS PR69 50C 1828 Square Base 2 Small 8 Large Letters PCGS MS65 CAC 50C 1873-CC Arrows Mint Error Multi Strike & Brockage PCGS XF45 $1 1795 Off Center Draped Bust B-14, BB-51 PCGS MS64 T$1 1873 Trade PCGS PR65CAM $1 1891 PCGS MS65DMPL $1 1893 PCGS PR65DCAM CAC $1 1935-S PCGS MS64 CAC $1 1878 7TF Reverse of 1878 PCGS PR65 CAC $1 1893-CC PCGS PR64BM CAC Ex Amon Carter $5 1860-S PCGS AU58 $20 1924 PCGS MS66 CAC 5C 1913 J-1950 PCGS PR63 Ex Farouk/Forsythe
Legend Rare Coin Auctions partner Laura Sperber has "handled many great coins and collections throughout my 40 year career, but I was like a kid in a candy store when we were putting this sale together. The Simpson MS Barber dimes are awesome, the MTA Collection of Half Cents is very cool, and the Sunset Hill Collection of Proof Morgans is incredible. Not to mention the PCGS Bust Dollars, the 1828 Half Dollar, and so many other terrific coins! This really is one of our best sales yet!"
Bidding is now live on the Legend Rare Coin Auctions website. Register and place online pre-bids today at http://www.legendauctions.com. The Regency Auction X will return to The Venetian/Palazzo in Las Vegas on Thursday, December 18th at 5 PM PT / 8 PT ET in conjunction with the PCGS Members Only Show. Lot viewing will also be available by appointment in their New Jersey office until December 11th.
The Simpson collection is superb! Love to see those coins hitting the market, just wish I could afford to put a few in my collection.
"Buy the Book Before You Buy the Coin" - Aaron R. Feldman - "And read it" - Me 2013! ANA Life Member #3288 in good standing since 1981, ANS, Early American Coppers Member (EAC), Colonial Coin Collectors Club member (C4), Conder Token Collector Club member (CTCC), Civil War Token Society (CWTS) member, Liberty Seated Collectors Club (LSCC) & Numismatic Bibliomania Society member (NBS), USMex, Member in good standing, 2¢ variety collector.
The auction was tonight. Most of the Simpson dimes sold considerably less than expected. Some less than half. Keep in mind the prices realized are with the buyers fee added in. A bit of a blood bath for Legend Auctions. But a good night to be a buyer I guess.
Examples:
Lot # : 60 - 10C 1892-S PCGS MS66+ CAC EX SIMPSON Pre auction estimate : 22,500.00 - 27,500.00 USD Price realized: 13,000.00
Lot # : 62 - 10C 1893 PCGS MS67+ CAC EX SIMPSON Pre auction estimate : 15,000.00 - 17,500.00 USD Price realized: 11,000.00
Lot # : 63 - 10C 1893-O PCGS MS67 CAC EX ELIASBERG/SIMPSON Pre auction estimate : 15,000.00 - 17,500.00 USD Price realized: 9,250.00
Lot # : 64 - 10C 1893-S PCGS MS66 CAC EX SIMPSON Pre auction estimate : 10,000.00 - 11,000.00 USD Price realized: 5,250.00
Lot # : 66 - 10C 1894 PCGS MS68 EX SIMPSON Pre auction estimate : 25,000.00 - 30,000.00 USD Price realized: 17,500.00
Lot # : 68 - 10C 1895 PCGS MS67 CAC EX SIMPSON Pre auction estimate: 37,500.00 - 45,000.00 USD Price realized: 19,000.00
Lot # : 70 - 10C 1895-S PCGS MS66 CAC EX SIMPSON Pre auction estimate: 17,500.00 - 20,000.00 USD Price realized: 8,750.00
Lot # : 106 - 10C 1907-D PCGS MS67+ CAC EX SIMPSON Pre auction estimate: 20,000.00 - 25,000.00 USD Price realized: 10,000.00
So it turns out it was pretty much the MS Barber dimes that took the beating. Which of coarse is what I was looking at since it was this shows main promotion. After reading Laura's weekly market report it's a little clearer.
Not really sure why MS Barber dimes are getting the cold shoulder lately though.
Quote: The most damaged areas of the market today are (this is HUGE opportunity time) MS Seated and MS Barbers. Just follow the Gardner sales. Even the Simpson Collection of MS Barber dime sold VERY weak. We know all the major players participated too.
Quote: LEGEND RARE COIN AUCTIONS
BAM! We have come such a long way in the two years we have been in operation. This recent Regency 10 sale was almost a perfect bidding storm. The ONLY area of weakness, was the MS Barber dimes. Multiple areas far out paced the current market. This sale MORE then proves when nice coins are offered, this is what happens. Legend Auctions wishes to thank everyone who participated in making Regency Sale #10 such a huge succcess.
The sale started off strong. The very first HOUR the sale was live on the web we had the J-1950 5C 1913 pattern met its $75,000.00 reserve. That rarity sold for $99,875.00 all in! A world class bidding war erupted over a $1 1879S PCGS MS68+ Ex Bella. With all the big dollar buyers watching, the coin soared to $32,900.00. The 1893CC Amon Carter Proof 64 PCGS CAC piece brought $129,250.00 while the $1 1921 Chapman brought $123,375.00 with strong bidding. Not everything was a big ticket item that sold strong, the H.01 1825 PCGS MS64BN brought a whopping $4,582.50, a 10C 1863 PCGS PR66+ Cameo brought $6,168,75, and a gorgeous 25C 1914 PCGS PR66 Cameo CAC brought $4,935.00-just to name a few coins.
My friend and colleague asked that I do his auction bids so that he could have some family time with his children before the Holidays.
He had a list of approximately a dozen coins that he had done extensive research on before formulating any bidding plans. He is very through in every thing he does and has the # 1 Barber dime Set on NGC Registry.
He was missing the 03-S Dime to complete his collection. Legend's PCGS MS 67 - also a POP TOP - POP ONE coin was won after numerous bids. I also won these dates - as upgrades for his set: 1892-S, 1894-O, 1898-S, 1901-O and the 1906-S. All wonderful coins, but the 03-S was the prize we were after. I'm very pleased to have won it for him.
My tastes are somewhat less exotic, as I prefer AU 58's. But it was a fun experience bidding on coins that I would never have imagined I would be bidding on.
If I had a quick $60K, I would have been the sole bidder of the complete Barber dime Proof Collection, which averaged approx. 66.5.
Regardless of how their last sale went, Legend Coins sure does get some of the best and most beautiful looking original high grade coins in both their auctions and their inventory. 98% of it is out of my price range, but still man if I ever win the Powerball - I know they will be getting a fair chunk of change from me!
"Buy the Book Before You Buy the Coin" - Aaron R. Feldman - "And read it" - Me 2013! ANA Life Member #3288 in good standing since 1981, ANS, Early American Coppers Member (EAC), Colonial Coin Collectors Club member (C4), Conder Token Collector Club member (CTCC), Civil War Token Society (CWTS) member, Liberty Seated Collectors Club (LSCC) & Numismatic Bibliomania Society member (NBS), USMex, Member in good standing, 2¢ variety collector.
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Posted 12/02/2014 9:10 pm
