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NumisMedia Weekly Market Report
Legend Presents the SUPERNOVA 1857 S $20 Gold
May 6, 2019
Legend Rare Coin Auctions will present its 32nd Regency Auction as part of the PCGS Members Show May 15-16 in New Orleans with several important collections being offered. Highlighted from the S.S. Central America recovery is the incredible finest known 1857 S $20 Gold, now known as the SUPERNOVA, graded PCGS MS67 CAC with tremendous toning. Currently listed at $133,000 Market, the auction house fully expects this one-of-a-kind coin to bring upwards of $300,000.
1857 S $20 Gold SUPERNOVA PCGS MS67 CAC is available at the Legend Rare Coin Auctions Regency Auction 32 in New Orleans, Louisiana, May 15-16, 2019
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There are a couple of extremely rare Carson City Morgan Dollars from the Coronet Collection II available in this Regency Auction. An 1889 CC Morgan Dollar in PCGS MS64 is 1 of only 6 coins in this grade that has a CAC sticker. While there are a handful of coins certified higher, this coin is high-end for the grade and is likely to attract very strong bidding. Our CAC value is currently at $103,000 but expect this coin to sell well above this number.
1889 CC Morgan Dollar PCGS MS64 CAC is available at the Legend Rare Coin Auctions Regency Auction 32 in New Orleans, Louisiana, May 15-16, 2019
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Another Carson City Morgan Dollar that should attract some aggressive bidding is the 1893 CC in PCGS MS65 CAC. There are just 3 coins certified in this grade with the CAC sticker. The current CAC value is $98,000, but it is already above this price in early bidding. Below are some of the many fine coins in this 32nd Regency Auction offered by Legend Rare Coin Auctions.
1893 CC Morgan Dollar PCGS MS65 CAC is available at the Legend Rare Coin Auctions Regency Auction 32 in New Orleans, Louisiana, May 15-16, 2019
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| Date/Denomination | Grade | Current Market |
| 1856 Flying Eagle Cent | PCGS PR65 CAC | $38,500 |
| 1927 D Buffalo Nickel | PCGS MS66 | $18,750 |
| 1795 Flowing Hair Half Dime | PCGS MS64+ CAC | $29,500 |
| 1928 S Mercury Dime | PCGS MS67+ FB CAC | $18,500 |
| 1942/1 D Mercury Dime | PCGS MS66+ FB CAC | $55,000 |
| 1796 Draped Bust Quarter | PCGS AU50 CAC | $62,000 |
| 1804 Heraldic Eagle Quarter | PCGS MS63+ CAC | $230,000 |
| 1854 Seated Quarter Arrows | PCGS MS67 | $28,750 |
| 1873 Seated Half Arrows | PCGS PR66 DCAM CAC | N/A |
| 1953 Franklin Half Dollar | NGC PR68+ CAM CAC | $5,500 |
| 1799 Draped Bust Dollar | PCGS MS64+ CAC | $119,000 |
| 1847 Seated Dollar | PCGS MS65 | $48,500 |
| 1890 CC Morgan Dollar | PCGS MS66 | $26,750 |
| 1856 S $1 Gold | PCGS MS64+ CAC | $61,000 |
| 1857 S $2 ½ Gold | PCGS MS64+ CAC | N/A |
| 1840 C $5 Gold | PCGS MS64 | $86,500 |
| 1857 S $5 Gold | PCGS MS65+ CAC | N/A |
| 1907 $10 Gold Indian Wire Rim | PCGS MS65+ CAC | $91,000 |
| 1924 S $20 Gold St. Gaudens | PCGS MS64+ CAC | $28,500 |
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From Lincoln Cents through Presidential Dollars, the majority of lower grades are unchanged this week with most of the adjustments occurring in the highest grade Registry coins. The 1943 S Lincoln Cent Zinc in MS68 is higher at $2,475 Market and the 1949 MS67 Red is up to $1,150. There are several changes in Early Proof Lincoln Cents this week with the 1909 VDB Red in PR64 up to $24,000 and the 1914 RB in PR66 now at $2,650.
While the Washington Quarter series has a good following of collectors, there appears to be excessive inventory available creating discounts. This is a series where buyers are extremely selective, wanting nice frosty white coins or superb original toning. The 1948 D in MS68 is up to $4,250 and the 1961 D in MS67 is now $2,450.
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NumisMedia Weekly
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