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Rare Coin Market


Legend Regency Sale Attracts Premium Bids for CAC Rarities

November 19, 2018

     The most recent Legend Rare Coin Auctions sale, Regency Auction 29, was held in conjunction with the PCGS Members Only Show in San Antonio, Texas, and the majority of highest grade coins, especially coins with the CAC sticker, brought some premium bid prices. Many of these rarities brought well above pre-sale estimates. One of the highlights of this sale was the 1921 Chapman Morgan Dollar in PCGS PR67. The Chapman Proof is always aggressively sought at major auctions with an original mintage estimate of just 40 coins, but this one is the finest known in PCGS and it realized $229,125.

1921 Chapman Morgan Dollar PCGS PR67

1921 Chapman Morgan Dollar PCGS PR67 sold for $229,125 at the Legend Rare Coin Auctions Regency Sale 29 in San Antonio, Texas, November 15, 2018

     Also highlighted, the 1795 $5 Gold Small Eagle in PCGS MS62 is just one of three coins certified in the grade with CAC approval, and it brought $176,250. There are 13 grading higher with the top grade being MS65. Below are some of the other rarities sold at this Legend Regency Sale.

1795 $5 Gold Small Eagle PCGS MS62 CAC

1795 $5 Gold Small Eagle PCGS MS62 CAC sold for $176,250 at the Legend Rare Coin Auctions Regency Sale 29 in San Antonio, Texas, November 15, 2018

Date/DenominationGradePrice Realized
1793 Half Cent Liberty CapPCGS AU53 CAC$41,125
1794 Head of 1794 Large CentPCGS AU58 CAC$21,150
1814 Large Cent Crosslet 4PCGS MS66 BN$88,125
1856 Flying Eagle CentPCGS PR64 CAC$18,800
1910 Lincoln Cent PCGS PR67+ RD CAC$37,600
1871 Two CentPCGS PR66 RD CAM CAC$19,975
1912 D Liberty NickelPCGS MS67$41,125
1937 D Buffalo Nickel 3 LegPCGS MS65+ CAC$43,475
1795 Flowing Hair Half DimePCGS MS64 CAC$28,200
1878 Twenty Cent PCGS PR66+ CAC$17,625
1838 Seated Quarter No DraperyPCGS MS65+ CAC$31,725
1898 Barber Half DollarPCGS MS67$29,375
1801 Bust DollarPCGS AU58 CAC$30,550
1881 O Morgan DollarPCGS MS66+ CAC$34,075
1882 O/S Morgan DollarPCGS MS65+$64,625
1889 CC Morgan DollarPCGS MS63 DMPL CAC$73,438
1887 $1 GoldPCGS MS68 CAC$35,250
1846 O $2 ½ GoldNGC MS63+ CAC$18,800
1848 $2 ½ Gold CAL.PCGS MS62+ CAC$135,125
1856 S $2 ½ GoldPCGS MS64+ CAC$29,375
1909 $2 ½ Gold IndianPCGS PR65 CAC$88,125
1857 S $10 GoldPCGS MS64 CAC$76,375
1811 $5 Gold Draped BustPCGS MS64 CAC$52,875
1914 $5 Gold IndianPCGS PR67 CAC$108,688
1914 $10 Gold IndianPCGS MS66+ CAC$38,775
1866 S $20 Gold No MottoPCGS AU55 CAC$58,750
1872 $20 GoldPCGS PR63 DCAM$85,188
1924 S $20 Gold St. GaudensPCGS MS64+ CAC$43,475

     Most of the adjustments in Washington Quarters are lower in this week; many sales are requiring discounts unless the coins are of the highest grade for the date. Anything from 1932 to 1940 in MS67 and lower are being marked down by dealers with excess inventory. The 1932 D in MS64 is lower at $1,475 Market and the 1932 S in the same grade is down to $660. The 1936 D in MS65 dropped to $710 while the 1935 S in MS67 fell to $825.

     Gold drifted just under the $1,200 mark early last week, but has climbed back to $1,223 this morning. Silver is currently at $14.41 with Proof Silver Eagles trading at $37 among dealers. Proof one ounce Gold Eagles are wholesaling at $1,245 in the OGP. Silver bags of 90% are trading at $10,425 and VG+ Silver Dollars are at $20,525 per bag of 1,000.









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