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Top Quality Rarities Receiving Top Prices

May 21, 2018

     Legend Rare Coin Auctions recorded the largest number of bidders in their history at last week’s Regency Sale 26 in New Orleans, and these bidders were willing to pay strong prices for true quality rare coins. A number of Morgan and Peace Dollars led the way with the 1892 S Morgan in PCGS MS65 garnering a final bid of $193,875; this is a solid premium well over the NumisMedia Market price of $165,000. This 1892 S Morgan is 1 of 4 coins certified by PCGS in MS65 with another 10 in higher grades, and is one of the key dates in the Morgan Dollar series.

     The 1927 D Peace Dollar in PCGS MS66 CAC was a hot commodity as it realized $41,125, which is basically on par with the NumisMedia CAC value of $41,300. Formerly from the Jack Lee Collection and the Crow River Collection, this coin is 1 of 6 graded MS66 CAC with only a single coin certified higher at MS66+.

1927 D Peace Dollar PCGS MS66 CAC

1927 D Peace Dollar PCGS MS66 CAC sold for $41,125 at the Legend Rare Coin Auctions Regency Auction 26 in New Orleans, Louisiana, May 16-17, 2018

     Another coin of note, the 1914 D Lincoln Cent in PCGS MS66+ Red brought $158,625; this is the finest known coin with the + designation while there are 9 other coins that grade MS66. The current NumisMedia + value is only at $75,000, a price that will need to be adjusted accordingly. Listed below are some of the many highlights from Legend’s Regency Sale 26.

Date/DenominationGradePrice Realized
1864 Three Cent SilverPCGS PR67+ CAM CAC$31,725
1859 Half DimePCGS MS68+ CAC$25,850
1796 Draped Bust DimePCGS MS63 CAC$42,300
1836 Cap Bust DimePCGS MS67+ CAC$73,438
1853 Seated Quarter A/RPCGS MS66 CAC$36,425
1865 S Seated QuarterPCGS MS66+ CAC$64,625
1898 O Barber QuarterPCGS MS66+ CAC$22,913
1863 Seated QuarterPCGS PR66 CAM CAC$18,213
1916 Standing Liberty QuarterPCGS MS67 FH$152,750
1878 7/8 TF Morgan DollarPCGS MS65 DMPL$19,388
1879 CC Morgan Dollar Cap DiePCGS MS65$45,825
1884 S Morgan DollarPCGS MS63$42,300
1889 CC Morgan DollarPCGS MS63$42,300
1889 O Morgan DollarPCGS MS66+$43,475
1891 O Morgan DollarPCGS MS65 DMPL CAC$58,750
1895 O Morgan DollarPCGS MS63$52,875
1896 O Morgan DollarPCGS MS64$39,950
1904 S Morgan DollarPCGS MS67 CAC$70,500
1934 S Peace DollarPCGS MS66 CAC$32,900
1905 $2 ½ GoldPCGS MS68$24,675
1910 $2 ½ Gold IndianNGC PR66+ CAC$43,475
1888 $3 GoldPCGS PR66 CAM CAC$55,813
1871 CC $5 GoldPCGS AU58 CAC$44,650
1876 CC $5 GoldPCGS AU58 CAC$36,425
1861 O $20 GoldPCGS AU53 CAC$64,625
1936 D Rhode Island Silver CommemPCGS MS68 CAC$43,475

     The metals have taken a drastic drop in the last week, with Gold at $1,289.50 and Silver $16.45. Proof One Ounce Gold Eagles in the OGP have fallen to $1,325 and Proof Silver Eagles are in the $33-$34 range.

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