You are browsing the archive for Laura Sperber.

by admin

The 1804 $ 1.00 Dexter/Pogue Coin

April 7, 2017 in Antique Coins, Coins, Coins for sale, Collecting, Collector Sets, Conventions, Dollar Coins, Events, History, Investing, News, Numismatica, Numismatics, Precious Metals, Rare Coins, Silver, Silver Coins, Silver Dollars, USA Coins

By: Legend Numismatics Market Reports

Post Baltimore Show

Legend Numismatics did all time record business of $10-$12,000,000.00 starting March the 27th and ending April 7th. We spent about $9,000,000.00 buying and representing people in BOTH Blue Moon and The Pogue Sale. Activity this past week in the office was off the charts and we are still counting it all up! We could have sold 5 1869 $1 PCGS PR64 Cameo CAC (one collector even offered us MORE then the listed price)! For us to do this kind of business, the market has to be strong. What more proof do you need?
Of course the biggest deal… Full article at the source>

Source: Legend Numismatics Market Report

Share Button

by admin

Legend Buys Dexter/Pogue 1804 Dollar From Lipton and Albanese

April 3, 2017 in Coins, Collecting, Collector Sets, History, Investing, News, Numismatica, Numismatics, Rare Coins, Silver, Silver Coins, Silver Dollars, USA Coins

For immediate release
April 3, 2017

News media contacts:

Laura Sperber, office: 800-743-2646
Kevin Lipton, office 310-712-8118
John Albanese, office 908-781-9101

Legend Buys Dexter/Pogue 1804
Dollar From Lipton and Albanese

Famous coin now part of “Super Collector” Bruce Morelan’s early American dollars set

 

Dexter Pogue 1804 dollar: Less than 36 hours after John Albanese and Kevin Lipton were the winning bidders for the Class I Dexter-Pogue 1804 Draped Bust silver dollar, PCGS Proof 65, it was purchased from them by Laura Sperber of Legend Numismatics on behalf of "Super Collector" Bruce Morelan.  (Photo image courtesy of PCGSCoinFacts.com.)

Dexter Pogue 1804 dollar:
Less than 36 hours after John Albanese and Kevin Lipton were the winning bidders for the Class I Dexter-Pogue 1804 Draped Bust silver dollar, PCGS Proof 65, it was purchased from them by Laura Sperber of Legend Numismatics on behalf of “Super Collector” Bruce Morelan. (Photo image courtesy of PCGSCoinFacts.com.)

(Lincroft, NJ) – The Class I Dexter/Pogue specimen 1804 Draped Bust U.S. silver dollar purchased at auction on Friday night, March 31, 2017, for $3,290,000 jointly by Kevin Lipton of Beverly Hills, California and John Albanese of Bedminster, New Jersey, was sold by them less than 48 hours later.  Graded PCGS Proof 65, it was bought on Sunday afternoon, April 2, 2017, by Laura Sperber of Legend Numismatics in Lincroft, New Jersey on behalf of well-known collector Bruce Morelan, owner of the all-time finest set of early American dollars listed in the PCGS Set Registry®.

“John and I bought the coin (at the Stack’s Bowers auction at the Whitman Baltimore Expo) in a moment of opportunity. We didn’t have any customers for it Friday night; we just thought at $3.3 million that it was the best buy of a high value rare coin in the last 20-plus years,” Lipton explained.

Then the offers started coming in.

“We purchased this coin on spec and were really quite shocked that our book bid of $2.8 million (plus buyer’s fee) was successful.  We both thought it would sell for $4 million or more Friday night.  By Sunday, we had six interested parties who were calling, sending emails and texts wanting to buy the coin from us.  Kevin and I are pleased it’s going to a good home,” said Albanese.

Sperber negotiated the sale on Sunday morning on behalf of Morelan. The purchase price was not disclosed.

“It is a hell of a coin and a hell of a deal for Super Collector Bruce Morelan,” stated Sperber.  “After Friday night’s auction, I suggested we probably need this coin in his early American dollars set. The negotiations with John and Kevin took only a few minutes to work out and everyone involved is happy.”

Morelan also was surprised at the winning bid price for the coin at the auction.

Collector Bruce Morelan now is adding the Dexter-Pogue specimen 1804 Draped Bust dollar to his PCGS Set Registry® all-time finest set of early American dollars.  (Photo by Donn Pearlman.)

Collector Bruce Morelan now is adding the Dexter-Pogue specimen 1804 Draped Bust dollar to his PCGS Set Registry® all-time finest set of early American dollars. (Photo by Donn Pearlman.)

“I was shocked when the coin sold so low.  I’m happy to pick it up for a few incremental bids over that level.  While the coin is not necessary for the circulation strike early dollars set, it certainly is complimentary to my set and collection as a whole,” Morelan said.

Among the world’s most famous rare coins, only 15 1804-dated silver dollars are known today, and eight of them are categorized as Class I, including the Dexter/Pogue specimen.

No silver dollars dated 1804 actually were struck that year.  Researchers believe the surviving Class I examples were made by the United States Mint in the 1830s to be given as diplomatic gifts for a State Department mission to the Far East and Asia. Decades later, Mint employees made a handful of other, similar examples of 1804-dated dollars for collectors.  

Share Button

by admin

Pre Baltimore show

March 25, 2017 in Auctions, Coin Shows, Coins, Collecting, Events, Investing, News, Numismatica, Numismatics, Opinion, USA Coins

By: Laura Sperber Legend Numismatics Market Report

VISIT LEGEND AND LEGEND AUCTIONS AT OUR TABLE 643 IN BALTIMORE

NICE WEEK

We did not figure to do much business this past week. Adding it all up-we certainly did do much more then expected. And we had our usual Friday afternoon Sale (the $1 1864 PCGS PR65 CAC). For whatever reason Fridays at 3-4 PM we do a bigger sale of some kind.

Very interesting what sold. Certainly soup to nuts. Of course we sold several better gold coins including several better $10 Indians. What really surprised us was the fact we sold Patterns. We’re happy to see Patterns are… Full article at the source>

Source: Legend Numismatics Market Report

Share Button

by admin

Coin Valuation

January 14, 2017 in Blogs, Coins, Collecting, Education, Ethics, Investing, Numismatica, Numismatics, Opinion, Rare Coins, USA Coins

By: Laura Sperber Legend Numismatics Hot Topics

Coin Valuation is a very tricky subject

Valuing coins has become ever so difficult. Today, I cringe every time I see Collectors Universe Values (which are supposed to be full retail), the Gray Sheet (which thinks its retail but is pure wholesale), and auction prices (in my opinion, they are one of the few accurate sources for information-IF you understand them). So what the collecting public has to go by is a cluttered mess of pretty much inaccuracies.

I have yet to see any one entity that reports prices be fully up to date-at least for the kinds of coins I deal… Full article at the source>

Source: Legend Numismatics Hot Topics

Share Button

by admin

Fun show report – Delayed

January 7, 2017 in Coins, Collecting, Conventions, Events, Market Report, News, Numismatica, Numismatics

By: Laura Sperber Legend Numismatics Market Report

Legend Numismatics wishes to thank everyone for their concerns. We are all safe and sound now.

We were never in harms way, however we were at the location of a suspected second shooting in a garage. It was unnerving. Swat teams all around us.

Due to the airports closure, we will not post a Market Report until late Sat or sometime Sunday. The same for most NEWPS

STAY TUNED!

The post FUN SHOW REPORT-DELAYED appeared first on Legend Numismatics.

Full article at the source>

Source: Legend Numismatics Market Report

Share Button

by admin

Registry Riot

November 20, 2016 in Blogs, Coins, Collecting, Education, History, NGC (Numismatic Guaranty Corporation ), Numismatica, Numismatics, Opinion, PCGS (Professional Coin Grading Service)

By: Laura Sperber Legend Numismatics Hot Topics

THINK RATIONAL PEOPLE!

First, let me state I have NEVER been a fan of the Set Registries. I do see they can do some good and are good for record keeping, but I happen to see a lot of negatives. Further, I want to make it clear I do NOT like or support Mark Salzberg of NGC. However, I do fully agree with him banning “other” grading services from NGC Registries, HOWEVER (another big HOWEVER) what he said and his reasoning for the action were childish to the nth degree.

In the beginning when PCGS started its Registry it was all… Full article at the source>

Source: Legend Numismatics Hot Topics

Share Button

by admin

Lehigh Valley Historical Society

October 30, 2016 in ANA (American Numismatic Association), Blogs, Clubs and Associations, Coin Shows, Coins, Collecting, Education, Entertainment, Events, Fun, History, Investing, Numismatic Societies and Clubs, Numismatica, Numismatics, Opinion, Rare Coins, USA Coins, World Coins, Young Collectors

By: Laura Sperber Legend Numismatics Hot Topics

This past Saturday I attended a very small show (25 tables) at the Lehigh Valley Historical Society in Allentown PA. It was put on by my long time friend and mentor Steve Gehringer (Keystone coins). He is on the board of this institution and donates all his spare time to it. It was my first small show in 30 years. I was moved by the show and facilities.

The show really opened my eyes. I admit to be fully wrapped up in the ego driven, plastic encased, high dukes world of coin collecting. I forgot there are people who really… Full article at the source>

Source: Legend Numismatics Hot Topics

Share Button

by admin

Buyer beware

October 3, 2016 in Blogs, Certified Acceptance Corporation (CAC), Coin Dealers, Coins, Collecting, Education, Numismatic Crimes, Numismatica, Numismatics, Opinion, USA Coins, World Coins

By: Laura Sperber Legend Numismatics Hot Topics

Auction buying

I want to make it clear this is not a self serving Hot Topics. I am writing this based upon several negatives I see happening. As many of you know, I tirelessly fight coin doctors and dealers who shill for them. For awhile, things chilled. Lately, I do not like a lot of what I see starting to happen again. The public needs a little reminder.

One thing I can proudly state-Legend and Legend Auctions do NOT deal in doctored coins. Legend Numismatics sells ONLY CAC beaned coins to its customers for a reason. Legend Auctions has myself, Greg Cohen, and George Huang… Full article at the source>

Source: Legend Numismatics Hot Topics

Share Button

by admin

True quality, a good dealer, and freshness do make a difference

September 5, 2016 in Antique Coins, Blogs, Coin Dealers, Coins, Collecting, Education, Investing, Numismatica, Numismatics, Opinion, Rare Coins, USA Coins

By: Laura Sperber Legend Numismatics Hot Topics

If you think this Hot Topics sounds like a broken record-yes, it does. I can never say these issues enough!

HOW LONG DOES IT TAKE FOR A COIN TO BE FRESH?

This is where many collectors make big mistakes. A coin purchased in 2013 is NOT fresh. Most likely people remember it. A coin from 2005 IS now fresh. There is no specific rule as to what is “fresh”. We like to think anything 10+ years or longer off the market completely is fresh. recently I had a collector say to me, I have been buying since 2012, why can’t I make… Full article at the source>

Source: Legend Numismatics Hot Topics

Share Button

by admin

A bad culture

June 19, 2016 in Blogs, Certified Acceptance Corporation (CAC), Coins, Collecting, Education, History, Investing, Numismatica, Numismatics, Opinion, PCGS (Professional Coin Grading Service), Rare Coins, USA Coins, World Coins

By: Laura Sperber  Legend Numismatics Hot Topics

REALLY?

For years now coin doctoring and gradeflation have been two if the biggest problems with the hobby. Coin doctoring actually has lessened to a small dgree, while gradeflation has not. Its one thing that’s standards have changed, but its another when EVERYONE keeps pushing the standards.

I have seen a very upsetting trend of late. I work very hard to help collectors build their dream sets. I buy them ONLY PCGS CAC coins that are all there and then some. In many cases, that is what the customers demand anyway. The disturbing thing I am experiencing has to do with the… Full article at the source>

Source: Legend Numismatics Hot Topics

Share Button

by admin

Is the coin Market too liquid for its own good?

February 27, 2016 in Blogs, Coins, Collecting, Numismatica, Numismatics, Opinion

By: Laura Sperber Legend Numismatics Hot Topics

DRECK: a messed with, low end, problem or UGLY coin. Dreck has nothing to do with a coins grade or value.

Hard to believe with so few NICE coins available the coin market is in a major funk. Records are still shattered at all price levels (expect the extreme top) when great, fresh, and eye appealing rarities show up. BUT there are a whole group of mid range coins that have fallen dramatically in price. Some have fallen to ridiculous levels for no real reason. We believe with coins being so liquid and most of the good coins off the… Full article at the source>

Source: Legend Numismatics Hot Topics

Share Button

by admin

Bad coins in good sets

February 15, 2016 in Antique Coins, Blogs, Coins, Collecting, Education, Numismatica, Numismatics, Opinion, Rare Coins, USA Coins

By: Laura Sperber Legend Numismatics Hot Topics

When not to add a bad coin to a collection

 Having built many of the FINEST EVER Collections (MS Half Dimes, MS+PR Barber Dimes, Dollars 1794-1921S, $3 MS, $10 Indians and Saints, etc), I have earned the right to comment with authority about GEM sets. Recently I have seen a very disturbing trend among collectors. Some want to play this registry game so bad and be top guns they include coins that never ever should be considered for a great set. It is my strong opinion, adding one bad coin creates a cancer that affects the rest of the collection.
Share Button

by admin

Legend Numismatics Hot Topics (The Pogue Collection)

July 8, 2014 in Antique Coins, Auctions, Coins, Coins for sale, Collecting, Gold, Gold Coins, Investing, News, Numismatica, Numismatics, Opinion, Precious Metals, Rare Coins, Silver, Silver Coins, USA Coins

Legend Numismatics Hot Topics (The Pogue Collection)

A commentary by Laura Sperber From Legend Numismatics

Follow this link to full article>

Share Button

by admin

Legend Numismatics Market Report (First Week of July)

July 7, 2014 in Coins, Collecting, Market Report, News, Numismatica, Numismatics

Here’s a link to the Legend Numismatics Market Report  “First Week of July”  By Laura Sperber. Always worth reading.

Share Button

by admin

Legend Numismatics Hot Topics (“PNG members so Ethical-Not All!”)

January 6, 2014 in Clubs and Associations, Coin Grading, Coin Shows, Coins, Collecting, Numismatic Societies and Clubs, Numismatica, Numismatics, Opinion

Legend Numismatics Hot Topics is up (Commentary by Laura Sperber)

Direct link to Full post “PNG members so Ethical-Not All!”

 

Share Button
Translate »