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NumisMedia Weekly Market Report
Legend's Regency Auction XXI This Week in New Orleans
May 15, 2017
Legend Rare Coin Auctions will host their Regency Auction XXI this week in New Orleans with over 500 lots and a wonderful selection of rare patterns. One of the highlights of the sale will be the 1793 Wreath Cent with Lettered Edge in PCGS MS64 BN and the CAC sticker. The current Market for this coin is $205,000, but for a non CAC coin. Below are some of the other potential highlights of this sale.
1793 Wreath Cent Lettered Edge PCGS MS64 BN CAC is available at the Legend Rare Coin Auctions Regency Auction XXI in New Orleans, Louisiana, May 18, 2017
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Date/Denomination |
Grade | Current
Market |
| 1804 Half Cent Crosslet 4 Stems | PCGS MS65 BN CAC | $9,350 |
| 1870 Two Cent | PCGS PR66+ RD Cameo CAC | N/A |
| 1795 Flowing Hair Half Dime | PCGS MS65 CAC | $36,000 |
| 1795 Flowing Hair Half Dime | NGC MS66* | $73,500 |
| 1797 Draped Bust Dime 16 Stars | PCGS MS62 CAC | $29,750 |
| 1893 Barber Dime | NGC PR69 | $18,500 |
| 1820 Capped Bust Quarter Large 0 | PCGS MS65 CAC | $30,500 |
| 1822 Capped Bust Quarter 25/50C | PCGS MS65+ | $125,000 |
| 1796 Draped Bust Half 15 Stars | PCGS F12 | $44,500 |
| 1919 D Walking Liberty Half | PCGS MS64+ CAC | $28,750 |
| 1798 Draped Bust Dollar Sm Eagle 15 Stars | PCGS MS62+ CAC | $102,500 |
| 1799 Draped Bust Dollar | PCGS MS64 CAC | $82,500 |
| 1872 CC Seated Dollar | PCGS MS62 | $35,000 |
| 1893 CC Morgan Dollar | PCGS MS64 CAC | $14,350 |
| 1911 D $2 ½ Gold Indian | PCGS MS65 | $45,750 |
| 1853 C $5 Gold | PCGS MS64 CAC | $33,350 |
| 1871 S $5 Gold | PCGS MS63+ CAC | N/A |
| 1908 $10 Gold Indian w/Motto | PCGS PR67 CAC | $82,500 |
| 1883 $20 Gold | PCGS PR65 DCam CAC | $230,000 |
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There are numerous increases in this week's HD Wholesale Market Dealer Price Guide for rare material but the more common coins, which are readily available, are still declining. An example of rarity is the 1811/10 Bust Half Dollar; the MS65 and MS66 are higher at $19,500 and $23,750, respectively. There is only one coin certified by PCGS in MS66. Another high grade rarity, the 1842 O Medium Date, Rev 1842 in MS65, is now up to $15,250 Market with just one certified. NGC shows another coin in MS66.
Not all rarities are bringing premiums. The 1795 Draped Bust Dollar Small Eagle in MS65 has dropped slightly to $300,000 Market, but there are still competitive buyers near this level. There are nine coins certified in MS65 with a few grading higher, one is an MS67.
High grade Seated Dollars are very tough to find in MS65 and higher; when they have great eye appeal, they will command a nice premium. The 1870 in MS66 jumped to $78,250 over the last few weeks. There are two certified in this grade.
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