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NumisMedia Weekly Market Report

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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

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

1804 Half Cent Crosslet 4 StemsPCGS MS65 BN CAC$9,350
1870 Two CentPCGS PR66+ RD Cameo CACN/A
1795 Flowing Hair Half DimePCGS MS65 CAC$36,000
1795 Flowing Hair Half DimeNGC MS66*$73,500
1797 Draped Bust Dime 16 StarsPCGS MS62 CAC$29,750
1893 Barber DimeNGC PR69$18,500
1820 Capped Bust Quarter Large 0PCGS MS65 CAC$30,500
1822 Capped Bust Quarter 25/50CPCGS MS65+$125,000
1796 Draped Bust Half 15 StarsPCGS F12$44,500
1919 D Walking Liberty HalfPCGS MS64+ CAC$28,750
1798 Draped Bust Dollar Sm Eagle 15 StarsPCGS MS62+ CAC$102,500
1799 Draped Bust DollarPCGS MS64 CAC$82,500
1872 CC Seated DollarPCGS MS62$35,000
1893 CC Morgan DollarPCGS MS64 CAC$14,350
1911 D $2 ˝ Gold IndianPCGS MS65$45,750
1853 C $5 GoldPCGS MS64 CAC$33,350
1871 S $5 GoldPCGS MS63+ CACN/A
1908 $10 Gold Indian w/MottoPCGS PR67 CAC$82,500
1883 $20 GoldPCGS PR65 DCam CAC$230,000

     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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