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NumisMedia Weekly

Current News and Analysis
of the United States
Rare Coin Market


Merry Christmas and Happy Holidays to All

December 21, 2015

     The last important auction of the year was hosted by Legend Rare Coin Auctions last week in Las Vegas. The Regency Auction XV garnered over $2.6 million in a fast-paced sale that saw some very exciting prices realized. Included was a run of tremendously toned Morgan Dollars; common dates with not so common color, many of which realized from $3,000-$6,000. The highlight of this sale was easily the 1899 $5 Gold in PCGS PR68+ Deep Cameo which sold for $146,875. This is the finest known in a PCGS holder. Below are some of the other significant coins in this sale.

1899 $5 Gold PCGS PR68+ Deep Cameo

1899 $5 Gold PCGS PR68+ Deep Cameo sold for $146,875 at the Legend Rare Coin Auctions Regency Auction XV in Las Vegas, Nevada, December 17, 2015

 
Date/Denomination
 
Grade
Price
Realized
1926 S Lincoln CentPCGS MS65 RB CAC$14,100
1864 Two Cent Large MottoPCGS PR66 RD Cam CAC$35,250
1855 Three Cent SilverPCGS MS66 CAC$11,456
1890 Liberty NickelPCGS PR66 DCam CAC$12,925
1937 D Buffalo Nickel 3 LegPCGS MS66+ CAC$88,125
1795 Half DimePCGS MS65+ CAC$49,938
1796 Half Dime LIBEKTYPCGS MS63 CAC$37,600
1844 Seated DimePCGS MS66 CAC$47,000
1918 S Standing Liberty QuarterPCGS MS66+ FH CAC$48,825
1796 Draped Bust Half 15 StarsPCGS VF30$99,875
1797 Draped Bust Half PCGS F12$55,813
1837 Bust Half Reeded EdgePCGS MS65 CAC$17,625
1865 Seated HalfNGC PR68$24,675
1918 D Walking Liberty HalfPCGS MS65 CAC$25,850
1896 Morgan DollarPCGS PR67 Cam CAC$27,025
1925 S Peace DollarPCGS MS65 CAC$23,500
1870 S $1 GoldPCGS MS65+ CAC$42,300
1896 $2 ½ GoldPCGS PR68 DCam CAC$55,813
1926 S $20 Gold St. GaudensPCGS MS65$19,975

     While auctions throughout the year featured a vast number of true rarities, the year is winding down on a rather slow note for most of the more common coins in dealer inventories. If you are bargain hunting, this is the time to begin your search. Dealers on the teletypes have been offering coins from their older inventory at discounts, mostly to free up cash for the upcoming FUN Show in early January. However, rare coins are still rare and dealers are holding steady on the low pop selections.

     Recent teletype activity continues to be monopolized by bullion coins as dealers are trying to keep up with demand from their customers. With Silver below the $14.50 mark, buyers are trying to purchase as many Silver Eagles as they can afford at these low levels. Silver Dollars in VG and better are trading at $23,325 per bag of 1,000 and 90% Silver is currently $11,750.

     This is our last Market Report for the year. Have a safe and happy holiday season!









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NumisMedia Weekly Archive
Current News and Analysis of the U.S.
Rare Coin Market