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NumisMedia Weekly Market Report
Legend Reports Active Regency 37 Sale
April 6, 2020
The most recent Legend Rare Coin Auctions Regency 37 was held in the company's New Jersey offices because of the coronavirus and the stay at home orders. The auction was handled as a live webcast only, with no floor bidders as all bids were either placed by email or telephone, and Legend was happy to report that the sale was very successful. According to Greg Cohen, Senior Numismatist at Legend Rare Coin Auctions, "This proved, yet again, that the demand for rare coins from collectors is deep, and despite the uncertain times, this demand can be insatiable when the coins are fresh and high quality."
The top two sellers in this sale were the $50 Gold Pan-Pac Round and Octagonal, both certified by PCGS as MS64 and also have the CAC approval. The Round realized $114,563 and the Octagonal $99,875. The original mintage of the Round was 483 with 39 coin certified in MS64 CAC. The Octagonal had a mintage of 645 with 49 certified in MS64 CAC. Both of these coins were better than average for the grade according to several active bidders. Below are some of the other highlights from the Legend Rare Coin Auction Regency 37 Sale.
1915 S $50 Gold Commemorative Panama Pacific Round PCGS MS64 CAC sold for $114,563 at Legend Rare Coin Auctions Regency 37 Sale at their home offices in New Jersey, March 26, 2020
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| Date/Denomination | Grade | Price Realized |
| 1797 Large Cent Rev 1797 Stems | PCGS MS64 BN CAC | $15,275 |
| 1870 Indian Cent | PCGS MS66+ RD CAC | $25,850 |
| 1909 Lincoln Cent | PCGS PR67 RD | $10,575 |
| 1909 S VDB Lincoln Cent | PCGS MS66+ RD CAC | $17,625 |
| 1872 Two Cent | PCGS MS65+ RD CAC | $29,375 |
| 1851 O Three Cent Silver | PCGS MS66 CAC | $6,169 |
| 1867 Three Cent Silver | PCGS MS66+ CAC | $15,863 |
| 1872 Three Cent Silver | PCGS MS66+ CAC | $19,975 |
| 1883 Three Cent Nickel | PCGS MS65 CAC | $12,338 |
| 1884 Three Cent Nickel | PCGS MS66 CAC | $42,300 |
| 1885 Three Cent Nickel | PCGS MS65 | $9,400 |
| 1870 Shield Nickel | PCGS MS66 CAC | $10,281 |
| 1913 Buffalo Nickel TII | PCGS PR68 | $25,850 |
| 1900 S Barber Dime | PCGS MS67 | $15,275 |
| 1921 D Mercury Dime | PCGS MS66+ FB CAC | $25,850 |
| 1927 D Standing Liberty Quarter | PCGS MS66+ FH CAC | $29,375 |
| 1923 S Walking Liberty Half | PCGS MS65 | $12,925 |
| 1838 $1 Gobrecht Restrike | PCGS PR64 CAC | $79,313 |
| 1873 CC Trade Dollar | PCGS MS63 CAC | $21,738 |
| 1894 Morgan Dollar | PCGS MS65 CAC | $41,125 |
| 1889 $1 Gold | PCGS MS68+ CAC | $24,675 |
| 1908 $2.5 Gold Indian | PCGS PR67 | $43,475 |
| 1834 $5 Gold Classic Plain 4 | PCGS MS64+ CAC | $37,600 |
| 1893 CC $5 Gold | PCGS MS64+ CAC | $31,725 |
| 1857 S $20 Gold | PCGS MS66+ CAC | $61,688 |
| 1926 S $20 Gold St. Gaudens | PCGS MS65+ | $29,375 |
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1872 Two Cent PCGS MS65+ RD CAC sold for $29,375 at Legend Rare Coin Auctions Regency 37 Sale in New Jersey, March 26, 2020
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1883 Three Cent Nickel PCGS MS65 CAC sold for $12,338 at Legend Rare Coin Auctions Regency 37 Sale in New Jersey, March 26, 2020
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1884 Three Cent Nickel PCGS MS66 CAC sold for $42,300 at Legend Rare Coin Auctions Regency 37 Sale in New Jersey, March 26, 2020
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1870 Shield Nickel PCGS MS66 CAC sold for $10,281 at Legend Rare Coin Auctions Regency 37 Sale in New Jersey, March 26, 2020
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1889 $1 Gold PCGS MS68+ CAC sold for $24,675 at Legend Rare Coin Auctions Regency 37 Sale in New Jersey, March 26, 2020
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1908 $2.5 Gold Indian PCGS PR67 sold for $43,475 at Legend Rare Coin Auctions Regency 37 Sale in New Jersey, March 26, 2020
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The metals are rising and so are the premiums. Over the last couple of weeks physical inventories are somewhat limited as demand for actual Gold and Silver delivery is extremely strong. Buyers want the product in hand not a piece of paper with an IOU. Make sure you check current prices for any future deals; Gold is currently $1,660 and Silver is $15.00.
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