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NumisMedia Weekly Market Report

PCGS and Legend Combine for Last Event of the Year

December 11, 2023

       Keep an eye on the metals as they have been quite volatile over the last few weeks. Gold broke its all-time high recently, over $2,100, only to fall back under the $2,000 mark in morning trading today. Premiums have been reduced on all products as demand has fallen off while buyers continue to wait out the current soft market. Dealers are expecting that the New Year will bring a change in attitude.


       PCGS held their final Members Only Show of the year in Las Vegas last week. This is an event where PCGS dealers can have coins certified on-site as well as trade among other dealers, and Legend Rare Coin Auctions hosted their Regency Auction 62. This sale may not have had all the fanfare and the top rarities, but the bidding activity showed that there are still plenty of buyers willing to pay top dollar for the highest quality coins of a specific date. High quality and superb eye-appeal still attracts extremely competitive bidding.


       Noteworthy in this sale was the number of rare date DMPL Carson City Morgan Dollars. Prooflike and Deep Mirror Prooflike Morgans have been popular with collectors for many decades. The size of the coin and the depth of the mirrors can be entrancing to the eye, but the bag marks tend to be more revealing as the mirror depth increases. In the higher grades, the bag marks are fewer and eye-appeal is enhanced. Below are a few examples of the DMPL Morgan Dollars sold in this sale and be sure to check out the prices realized for all the Carson City Dollars as well as the rest of Regency Auction 62 at the Legend website.


1892 CC Morgan Dollar certified by PCGS MS65 DMPL

This 1892 CC Morgan Dollar in Deep Mirror Prooflike is one of the finest known for the date with only one finer at PCGS MS65+. This PCGS MS65 sold for $85,187.50 in this sale which is the highest auction price for the date and grade. It is deeply toned but contrasts extremely well and the frost on Miss Liberty is dramatic in comparison to the field. The current FMV for this grade is $43,560 so it will be updated appropriately.

1892 CC Morgan Dollar PCGS MS65 DMPL

1892 CC Morgan Dollar PCGS MS65 DMPL sold for $85,187.50 in Legend Regency Auction 62 at the Park MGM in Las Vegas, Nevada, December  7,  2023



1893 CC Morgan Dollar certified by PCGS MS64 DMPL

The 1893 CC is more rare than the 1892 CC with about half as many originally minted; in DMPL, there are far fewer 1893 CC Morgans than the 1892 CC. This MS64 DMPL is the highest certified by PCGS although there is one coin certified by NGC as MS65 which sold in a 2007 Goldberg Sale for $83,375. This PCGS MS64 DMPL just sold for $79,312.50; the current FMV for this grade is $53,440 and will be updated as well.

1893 CC Morgan Dollar PCGS MS64 DMPL

1893 CC Morgan Dollar PCGS MS64 DMPL sold for $79,312.50 in Legend Regency Auction 62 at the Park MGM in Las Vegas, Nevada, December  7,  2023



Date/DenominationGradePrice Realized
1838 Large Cent PCGS PR64 BN CAC$22,325
1912 Lincoln CentPCGS PR65 RED CAC$7,050
1863 Three Cent SilverPCGS MS66+ CAC$9,106
1903 Liberty NickelPCGS MS67+ CAC$12,338
1916 Buffalo NickelPCGS PR67 CAC$9,400
1934 D Buffalo NickelPCGS MS66+ CAC$17,038
1831 Half DimePCGS MS67 CAC$12,338
1830/29 Bust DimePCGS MS65 CAC$11,456
1821 Bust QuarterCACG MS65 CAC$41,125
1837 Bust Half Reeded EdgePCGS MS65+$29,375
1795 Flowing Hair Dollar Silver PlugPCGS VF30$24,675
1879 Trade DollarPCGS PR66+ CAM CAC$23,500
1879 CC Morgan DollarPCGS MS65 DMPL$76,375
1879 CC Morgan Dollar Capped DiePCGS MS64 DMPL$67,563
1891 CC Morgan DollarCACG MS64+ DMPL CAC$19,388
1934 S Peace DollarPCGS MS66 CAC$44,650
1871 $2.5 GoldPCGS MS64 CAC$17,625
1804 $5 Gold Small 8PCGS MS61 CAC$25,850
1856 $5 GoldPCGS MS64+ CAC$23,500
1857 S $5 GoldPCGS MS64$25,850
1910 S $5 Gold IndianPCGS MS64 CAC$32,900
1869 $10 GoldPCGS AU55 CAC$21,150
1910 $10 Gold IndianPCGS MS66+$39,950
1914 S $10 Gold IndianPCGS MS65$36,425
1858 S $20 GoldPCGS MS62 CAC$37,600
1926 S $20 Gold St GaudensPCGS MS65 CAC$38,775


1838 Large Cent PCGS PR64 BN CAC
1838 Large Cent PCGS PR64 BN CAC sold for $22,325 in Legend Regency Auction 62 at the Park MGM in Las Vegas, Nevada, December  7,  2023

1903 Liberty Nickel PCGS MS67+ CAC
1903 Liberty Nickel PCGS MS67+ CAC sold for $12,338 in Legend Regency Auction 62 at the Park MGM in Las Vegas, Nevada, December  7,  2023

1934 D Buffalo Nickel PCGS MS66+ CAC
1934 D Buffalo Nickel PCGS MS66+ CAC sold for $17,038 in Legend Regency Auction 62 at the Park MGM in Las Vegas, Nevada, December  7,  2023

1831 Half Dime PCGS MS67 CAC
1831 Half Dime PCGS MS67 CAC sold for $12,338 in Legend Regency Auction 62 at the Park MGM in Las Vegas, Nevada, December  7,  2023

1821 Bust Quarter CACG MS65 CAC
1821 Bust Quarter CACG MS65 CAC sold for $41,125 in Legend Regency Auction 62 at the Park MGM in Las Vegas, Nevada, December  7,  2023

1879 Trade Dollar PCGS PR66+ CAM CAC
1879 Trade Dollar PCGS PR66+ CAM CAC sold for $23,500 in Legend Regency Auction 62 at the Park MGM in Las Vegas, Nevada, December  7,  2023

1879 CC Morgan Dollar PCGS MS65 DMPL
1879 CC Morgan Dollar PCGS MS65 DMPL sold for $76,375 in Legend Regency Auction 62 at the Park MGM in Las Vegas, Nevada, December  7,  2023

1910 $10 Gold Indian PCGS MS66+
1910 $10 Gold Indian PCGS MS66+ sold for $39,950 in Legend Regency Auction 62 at the Park MGM in Las Vegas, Nevada, December  7,  2023



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