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Legend-Morphy's Regency Auction V Realizes Just Shy of $3 million
Lot 83 - 25C 1818/5 PCGS MS66 Ex. Eliasberg
Las Vegas, NV – Legend-Morphy Rare Coin Auctions wrapped up their Regency Auction V in Las Vegas last Thursday, the fifth sale under the "Regency" banner and sixth overall for the auction house. The sale was held at The Venetian / The Palazzo during the PCGS Members Only Show. Following several weeks of online pre-bidding the auction realized strong numbers and smashed estimates on a number of lots, fueled by spirited floor, phone, and live internet bidding. Auctioneer Ron Guth returned to the podium for the second straight Legend-Morphy sale since coming out of retirement, setting the pace and calling the auction, which began at 6 PM PT and lasted three exciting hours.
Lot 161 - $1 1839 J-104 PCGS Secure PR63
Legend-Morphy partner Laura Sperber was thrilled that the "Regency Auction V had record breaking response and prices realized. We set a new sales record for Legend-Morphy with the $50 1851 Humbert Slug PCGS MS61 selling to a collector for $299,000. Other coins like the gorgeously colored 25C 1908 PCGS PR65+ sold for $7,475, while the remarkable 1883 Proof Set experienced a mini bidding war and sold for $60,375." Sperber said there were so many huge numbers that she couldn't even comment on all of them, adding that, "it was a really terrific sale. We were extremely pleased with prices across the board." Julie Abrams, Legend-Morphy president, was excited to see "a record number of unique bidders in the sale. It really led to some great bidding wars via all platforms. We're thrilled with the prices realized and the sell-through rate."
Total prices realized were $2,928,774. Here are just a few of the noteworthy highlights:
- Lot 9 - 1C 1842 Large Date PCGS MS64 BN $16,100
- Lot 83 - 25C 1818/5 PCGS MS66 Ex Eliasberg, $66,125
- Lot 128 - 50C 1874 Arrows PCGS PR65+ Cameo $23,000
- Lot 161 - $1 1839 J-104 PCGS Secure PR63 $86,250
- Lot 168 - Trade$ 1875 PCGS MS66, $46,000
- Lot 252 - 1C - $1 1883 Proof Set PCGS PR65-67 $60,375
- Lot 266 - $50 R Humbert 1851 880 PCGS MS61, $299,000
- Lot 283 - $2.5 1887 PCGS MS65 $25,300
- Lot 332 - P2C 1836 J-54 PCGS PR65 RB $12,650
- Lot 357 - 20C 1874 J-1358 PCGS PR66 Ex Denali $16,100
Lot 168 - Trade $1 1875 PCGS MS66
Legend-Morphy partner Dan Morphy was also ecstatic about the sale. "Lot viewing was very strong, as was feedback about our catalog," stated Morphy. "Once again, Laura did a phenomenal job putting together this sale. We were able to get some really terrific consignments, many of which realized huge numbers."
Lot 266 - $50 R Humbert 1851 880 PCGS MS61
"This auction marks the end of our first year, and it's been an exciting one," said Abrams. "With your invaluable support and feedback we've been able deliver boutique auctions with handpicked, fresh coins, and this sale was no exception. There were seven stellar collections in this sale, including of course the highlight of the sale, the Phil Flannagan Territorial Collection. All coins in this sale exemplified our commitment to auctioning only the highest quality. We look forward to 2014, continuing our mission and working with you, our customers and friends, as we bring you more outstanding collections in the year ahead."
All prices realized are posted on the Legend-Morphy website: www.legendmorphy.com.
The next Legend-Morphy sale, The Regency Auction VI will be held Thursday, February 13 at the PCGS Members Only Show at The Venetian / The Palazzo in Las Vegas.
For information about Legend-Morphy or on any lot in the sale, email Julie Abrams at [email protected], call 845-430-4378, or visit www.legendmorphy.com.
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