Legend Rare Coin Auctions’ Regency 51, featuring the first parts of the Dale Friend Collection and Glorious Patterns Collection, took place on the evening of April 28, 2022, and the sale was a roaring success.
The sale began with first portion of the Dale Friend Collection, including his collection early silver dollars. From the day the sale went live, a record number of collectors and dealers started watching the sale, tracking the lots. For decades, Dale would attend coin shows, conventions, and auctions all over the United States, seeking out the coins that had "the look."
In those travels, Dale befriended many collectors and dealers, and it was obvious that demand for his coins would be intense.
"Dale was a real collector’s collector," said Laura Sperber, founder of Legend Rare Coin Auctions. "He was a real friend and supporter of both Legend Rare Coin Auctions and Legend Numismatics. Once we saw what he had left when he passed, we knew the results were going to be very strong, especially in this market:"
Auction highlights from the first portion of Dale’s Collection: include:
- Lot 2. 1C 1925-S PCGS MS65 RD CAC, realized $30,550.00
- Lot 12. 25C 1905-O PCGS MS66+ CAC, ex Pogue, realized $21,150.00
- Lot 19. $1 1795 2 Leaves. PCGS AU58 CAC, ex Col. Green/Eric Newman, realized $105,750.00
- Lot 23. $1 1795 Centered Bust. PCGS AU53, realized $34,075.00
- Lot 28. $1 1797 9X7 Stars, Small Letters. PCGS XF40 CAC, ex Eliasberg, realized $30,550.00
- Lot 30. $1 1798 Small Eagle, 13 Stars. PCGS AU58 CAC, ex Cardinal-Legend, realized $205,625.00
- Lot 36. $1 1799 8X5 Stars. PCGS AU58 CAC, ex Hesselgesser/Cardinal, realized $41,125.00
- Lot 41. $1 1800 10 Arrows. PCGS AU55 CAC, ex Hesselgesser/Cardinal, $36,425.00
- Lot 46. $1 1802 Narrow Date. PCGS AU58, realized $38,775.00
- Lot 50. $5 1809/8 PCGS MS64+ CAC, realized $79,312.50
- Lot 51. $5 1827 PCGS AU58+ CAC, realized $79,312.50
- Lot 53. $20 1881-S PCGS MS63+ CAC, ex Saddle Ridge Hoard, realized $29,375.00
"The results show that even non-CAC approved coins are doing quite well in this market," Sperber continued.
After the Friend Collection coins sold, the auction progressed into type coins, silver dollars, patterns (anchored by the Glorious Patterns Collection, Part 1), and then gold and commemoratives.
"The Glorious Pattern Collection did far better than we expected. There were many collectors bidding and many of them were new," said Jessica Berkman, newly named President of Legend Rare Coin Auctions.
"The 20C Patterns were especially crazy! Three lots, 326 (The Bass J-1356. PCGS PR65 CAC); 328 (J-1398. PCGS PR65 CAM CAC); and 329 (J-1404. PCGS PR65 RB CAC), estimated at $38,000 realized $95,175."
Other sale highlights included:
- Lot 137. 25C 1932-S PCGS MS65+ CAC $9,987.50
- Lot 161. 50C 1939 PCGS MS68+ CAC $49,937.50
- Lot 214. $1 1881-S PCGS MS67 CAC $19,387.50
- Lot 234. $1 1884-O PCGS MS62 CAC $$3,055.00
- Lot 247. $1 1885-O PCGS MS65 CAC $8,812.50
- Lot 384. $5 1802/1 PCGS MS64+ CAC $102,812.50
- Lot 417. $20 1922 PCGS MS65+ CAC $18,212.50
Ms. Sperber concluded her comments on the state of the market by saying:
"We consider the overall results being very strong. The only areas that showed some weakness was non-CAC Type. Generic gold, of course was super strong, reflecting not just the strength of the numismatic market, but also the increased demand during these uncertain economic times."
Legend’s next auction will be held on May 28, 2022 in New Orleans, the official auction of the PCGS Members Only Show. Anchored by the Dale Friend Collection, Part 2, the Oak Collection of Mint State $3 Gold Pieces, and the Glorious Patterns Collection, Part 2, this will be another amazing numismatic event. The firm is accepting consignments for Regency Auction 53 (July) and beyond. Talk to us about consigning your coins to our blockbuster auctions. Visit www.legendauctions.com.
Sir Kaiser, you hit the daily double with this comment, and with the daily market wrap-up news on deck, you could make it a three-pete, a perfect tri Friday the 13th. SENZA will have to come up with an award big enough to hold all the accolades.
That’s a question best left for Cryptosporidium (a.k.a. Crypto)
Sir Kaiser, please allow me to introduce a man of wealth and taste, our very own 21st Century Fascist Hunter
Rich, I simply don’t know what to think or say about your 21st Century Super Hero
Perhaps we should just call B J Blazkowitz
Is that Underpants Man?
Crypto says the Coin Mafia must be dissolved or this Planet will not survive
At your service
DogeCrap is below “13” but it’s really nice they made a bunch of great Horror Flicks about my favorite number and my Black Cat.
As I previously mentioned I attended several graduation ceremonies that appeared more like Satanic Worshiping events than Celebrations of Youthful Achievements and on this Mythical Day which I guess the Faculty Cults found to be quite a fitting match.
Fortunately, after 2 hours of the Faculty worshiping themselves and their Satanic objects they took 5 minutes to recognize the 700 Graduates who fell asleep while wondering if they had perhaps entered the wrong building.
A bunch of “Ill-gotten” Wealthy scum bags whom have gone unchecked and unaccountable for so long they just can’t stop themselves from taking the corrupt nonsense to new levels however, this CAC scam has been around for a while. It’s works kinda like this: If you don’t believe Trump is the “King of America” you can ask Trump and he will verify it – it’s that outrageous. But instead me giving you a reminder of your training let me say Congrats for First on Thread and you have embraced your training well on this one. And…..here it is yet another… Read more »
So it looks like you get a better grade from PCGS than from NGC. Or that was the case when these coins were graded. I have a hint some of these grades are influenced by factors other than the coin’s condition, but that’s just my point of view.
Yes, CAC, CAC, CAC all the way. Sounds like a gimmick to me.
The Kaiser has left the building.
My Suspicious Mind Agrees