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Rare Coin Market

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

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

Date/DenominationGradePrice Realized
1797 Large Cent Rev 1797 StemsPCGS MS64 BN CAC$15,275
1870 Indian CentPCGS MS66+ RD CAC$25,850
1909 Lincoln CentPCGS PR67 RD$10,575
1909 S VDB Lincoln CentPCGS MS66+ RD CAC$17,625
1872 Two CentPCGS MS65+ RD CAC$29,375
1851 O Three Cent SilverPCGS MS66 CAC$6,169
1867 Three Cent SilverPCGS MS66+ CAC$15,863
1872 Three Cent SilverPCGS MS66+ CAC$19,975
1883 Three Cent NickelPCGS MS65 CAC$12,338
1884 Three Cent NickelPCGS MS66 CAC$42,300
1885 Three Cent NickelPCGS MS65$9,400
1870 Shield NickelPCGS MS66 CAC$10,281
1913 Buffalo Nickel TIIPCGS PR68$25,850
1900 S Barber DimePCGS MS67$15,275
1921 D Mercury DimePCGS MS66+ FB CAC$25,850
1927 D Standing Liberty QuarterPCGS MS66+ FH CAC$29,375
1923 S Walking Liberty HalfPCGS MS65$12,925
1838 $1 Gobrecht RestrikePCGS PR64 CAC$79,313
1873 CC Trade DollarPCGS MS63 CAC$21,738
1894 Morgan DollarPCGS MS65 CAC$41,125
1889 $1 GoldPCGS MS68+ CAC$24,675
1908 $2 ˝ Gold IndianPCGS PR67$43,475
1834 $5 Gold Classic Plain 4PCGS MS64+ CAC$37,600
1893 CC $5 GoldPCGS MS64+ CAC$31,725
1857 S $20 Gold PCGS MS66+ CAC$61,688
1926 S $20 Gold St. GaudensPCGS MS65+$29,375

       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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