An auction that was supposed to take place at Harrah’s in New Orleans, as part of the PCGS Members Only Show, was forced to become a webcast event held at Legend’s central New Jersey offices due to the ongoing coronavirus global pandemic of 2020.
Despite the change, results for quality coins remained positive. The Blue Hill Collection of New Orleans Silver Dollars and Double Eagles were particularly favored among bidders. Highlights included a 79-O that realized $82,250. High grade examples and esoteric varieties of Walking Liberty half dollars saw a large number of bidders. The top price realized for the sale was 1909-O half eagle, PCGS MS63 CAC that realized $114,563.
“Interest in this sale started strong and remained that way throughout the close of the sale, as registrations and activity were high throughout the entire presale bidding and live bidding process,” said Matthew Bell, CEO of Legend Auctions. “We actually noticed a marked increase in people planning to follow the sale live, as we fielded seemingly non-stop phone calls throughout this past week from customers eagerly anticipating the live auction Thursday night.”
“The sale started off extremely strong,” Laura Sperber, founder of LRCA said. “The Blue Hill silver dollars were already realizing strong prices after pre-bidding, and many saw those prices increase further during the live auction. We could not be happier with those results, and hope that they foreshadow renewed strength in the dollar market overall. Congratulations to the Blue Hill collector and all the new owners on an amazing night!”
Highlights of the Blue Hill Collection included a $1 1850-O PCGS MS63 CAC for $30,550; $20 1855-O PCGS XF45+ CAC for $42,300; and a $20 1879-O PCGS AU53 CAC for $82,250.
The other anchor collection offered in Regency Auction 38 was the Ogden Avenue Ladies Collection of Proof Liberty Nickels, which ranked #3 on the PCGS Set Registry. Top sales were 5C 1883 With Cents. PCGS PR67+ CAM CAC for $9,988; 5C 1901 PCGS PR67+ CAM CAC for $4,700; and 5C 1912 PCGS PR67 CAM CAC for $8,519.
Additional top sales were 5C 1918/7-D PCGS MS64+ CAC for $99,875; 5C 1925-D PCGS MS66+ CAC for $34,075; 20C 1875-CC PCGS MS65+ CAC for $21,738; 50C 1918-S PCGS MS65 CAC for $30,550; 50C 1929-D PCGS MS67 CAC for $64,625; and $5 1909-O PCGS MS63 CAC for $114,563.
All prices reported include the 17.5% buyers premium.
Legend Rare Coin Auctions’ next auction is on Thursday, July 16, 2020, in a sale slated to be held in Las Vegas as the official auction of the PCGS Members Only Show. Featuring the BigMo Civil War Collection, the Incline Collection of Jefferson Nickels, and the Roadrunner Collection of Toned Dollars, part 1, Regency Auction 39 is open for consignments until June 1. More information about consigning is available by calling (732) 935-1168 or emailling email@example.com.