Hand-Signed Lincoln Note, Rare 10-volume Edition of Poe’s works, Civil War, US & Bermuda Maps Lead Waverly Rare Books’ Nov. 21 Auction

November 11th, 2013 by

FALLS CHURCH, Va. – Waverly’s of suburban Washington, D.C., will offer connoisseurs 450 lots of rare books, maps, atlases and ephemera in a well-rounded November 21st catalog auction. Many themes and categories are featured, and key selections include an 1865 note signed by Abraham Lincoln, The Complete Works of Edgar Allan Poe(1902, 10 vol.), and a “censored” Civil War-era map showing the locations of 20 forts around the nation’s capital.

1862 Topographical Map

Section of 1862 topographical map of ‘Original District of Columbia and Environs’ showing street grids and important landmarks, including ‘Presidents House.’ Est. $4,000-$6,000.

The 1862 topographical map of the “Original District of Columbia and Environs” was created by G. Arnold C.E. and published by G. Woolworth Colton of New York City. The highly detailed map shows not only the region’s natural features, both Washington City and Alexandria’s street grids and railroads, but also the location of more than 20 Union forts, marked in red.

“It was considered a threat to security for these forts to be identified,” said Monika Schiavo, director of sales and marketing at Waverly Rare Books. “The map came to the attention of the War Department after it was offered for sale in stores around Washington, and agents confiscated every copy they could find. They also attempted to obtain the names and addresses of those who had purchased copies of the map, and even went to New York to destroy Colton’s lithographic stone. As a result, these maps are very rare today.” The example in Waverly’s Nov. 21 auction, which was consigned by The Association of the Oldest Inhabitants of the District of Columbia, is estimated at $4,000-$6,000.

The maps and atlases category, overall, is very strong. A circa-1794 edition from London with 87 plates is voluminously titled “A New Universal Atlas…A Modern History and Description of the Whole World Containing New, Full, Accurate, Authentic, and Interesting Accounts and Descriptions of Europe, Asia, Africa, and America.” Nineteenth-century atlases include “Kingdoms, States and Republics of the World (1854),” and “The Illustrated Atlas, And Modern History of the World – Geographical, Political, Commercial, and Statistical (1851).” Also, several high-quality lots were consigned by a major collector of early Bermuda maps, a specialty category that has a dedicated following.

An item of great historical importance is an 1868 textbook on seamanship that was owned and signed by James Henry Conyers, the first African American cadet enrolled at the US Naval Academy in Annapolis, Maryland. Conyers was appointed to the academy by US Representative Robert Elliot of South Carolina. Unfortunately, Conyers’ tenure at Annapolis was brief. He suffered indignities and repeated beatings at the hands of racist midshipmen, and after a relatively short time, left the academy. The textbook is entered in the auction with a $3,000-$5,000 estimate.

A small but remarkable archive of World War II memorabilia comes with provenance from Bruce Norton, the former director of the Marine Corps Command Museum in San Diego. One of the lots is a panel from a 1995 calendar commemorating the 50th anniversary of the US Marines’ landing at Iwo Jima. It is signed by approximately 66 Iwo Jima vets attending a 50-year reunion, as well as photographer Joe Rosenthal, who took the iconic 1945 photo of Marines raising the American Flag on Mount Suribachi. This item is estimated at $400-$600.

A second item consigned by Norton is a 1953 book titled “Pearl Harbor to Golgotha,” written by Mitsuo Fuchida, the air captain who led the Japanese attack on Pearl Harbor. Fuchida, who later became a Christian minister, signed the book after being recognized by a Marine at a diner in Idaho. The book later came into Norton’s possession and now will be auctioned with a pre-sale estimate of $400-$600.

Abraham Lincoln

Engraved portrait of Abraham Lincoln framed together with 1865 handwritten note in authorizing passage through Union lines toward Richmond. Est. $3,500-$4,500.

Topping the Presidential selection, an engraved portrait of Abraham Lincoln is framed together with a handwritten note that reads: “Allow A. Van Camp to go through our lines to Richmond and to return upon his own private business. A. Lincoln. Feb. 25, 1865.” The estimate on this lot is $3,500-$4,500. The auction also includes documents signed by Presidents James Monroe and John Quincy Adams.

An estimate of $4,000-$6,000 has been placed on the 10-volume set “The Complete Works of Edgar Allan Poe.” It is one of 26 editions that were published in 1902 by G.P. Putnam’s Sons. A century older and no less fascinating, the 1805 R. Shannon work “A Practical Treatise on Brewing, Distilling, and Rectification…” deals with the “genuine process” of making brandy, rum and Hollands gin, and the “London practice” of brewing porter, ale, and table beer and country ales. One of the volumes delves into the cultivation of wine grapes, wine importation and even wine tasting. Estimate: $600-$900.

Waverly Rare Books’ Nov. 21 auction will begin at 6 p.m. Eastern time. The preview begins on Nov. 16 and continues through and including auction day (see website for hours). The gallery is closed on Sundays.


**All forms of bidding will be available, including absentee or live via the Internet through www.LiveAuctioneers.com. For information on any lot in the sale, call 703-532-5632 or e-mail monika.schiavo@quinnsauction.com. Visit Waverly Rare Books online at www.quinnsauction.com.

View the fully illustrated catalog and sign up to bid absentee or live via the Internet at www.LiveAuctioneers.com.

Morphy’s Sept. 21 Doll Auction features prized antique French bisques, German characters and 20th-century favorites

August 27th, 2013 by

DENVER, Pa. – A fine selection of German bisque dolls and a parade of French bisque beauties – including a circle dot Bru – will join Schoenhuts, Googlies and other 20th-century classics at Morphy’s September 21 Doll Auction.

Morphy’s Doll Auction – 9.21.13

The 623-lot sale consists of consignments from a number of discriminating doll enthusiasts, with the largest single grouping coming from a well-refined, long-time Pennsylvania collection.

Premium-quality French bisque dolls encompass quite a wide production range, from fashion dolls to boxed DEPs and productions by Jumeau, Steiner and SFJB. The top-estimated doll of the sale is Lot 262, a Bru circle dot bébé with chubby cheeks and deep brown paperweight eyes with amber threading. The Bru is expected to make $15,000-$25,000.

Morphy’s doll specialist Jan Foulke explained that collectors are always on the lookout for late-19th-century bisques like the Bru circle dot bébé in the upcoming auction because they represent the golden age of French doll manufacture. “Dolls made in France around the 1870s and 1880s were exquisite productions,” Foulke said. “No other dolls can match them for their beauty and quality.”

Another French bisque highlight is Lot 130, a very rare circa-1877 mignonette doll with ball joints in both elbows. “Mignonette means ‘sweet little thing.’ It’s a term the French doll makers used in their catalogs to describe this type of small, very appealing doll,” said Foulke. “The doll to be auctioned is only 5-1/2 inches tall and is extremely desirable because it’s as original as the day it left the factory.” Its presale estimate is $2,500-$3,500.

The German bisque character category is brimming with fine Hertel, Schwab & Co., Heubach, Kley & Hahn, and Kammer & Reinhardt dolls. The varied lineup includes child, lady, nurse, Santa and “pouty” dolls. Lot 289, a rare and impressive glass-eyed 21in K&R 114 doll in antique pink cotton dress with matching hat, displays crisp modeling and an especially pouty mouth. Estimate: $7,000-$9,000.

Lot 163, a rare 16in Heubach 7746 character doll is ready to entertain in an antique gold and black ruffle-neck clown suit, pointy red hat with white polka dots, and black buckle-front shoes. His cheeky grin reveals well-molded lower teeth. The doll could make $3,000-$5,000 at Morphy’s.

Ever-popular Googlies will cross the auction block, with the top entry being Lot 19, a saucy Hertel, Schwab & Co. 172 estimated at $3,000-$5,000. Another Googly prize is Lot 436, an A.M. 323 boy doll dressed in a colorful, factory-original lederhosen outfit with all accessories, including tie, hat, wool stockings and leather shoes. A good size at 12 inches, the smartly outfitted fellow is expected to reach a bid of $1,500-$2,500.

Other early productions that collectors are sure to find appealing include turn of the 20th century Chinese Door of Hope dolls (Lot 202, Amah nursemaid with baby, est. $1,200-$1,800), French wax fashion ladies, and black dolls. Philadelphia-made Schoenhuts are led by Lot 338, a 15in all-wood “Miss Dolly” that was introduced to the market in 1915. The example to be auctioned is all original and dressed in its white factory chemise with pink stockings and pink leather shoes. It also retains its original box with graphics of Schoenhut dolls, information about Miss Dolly’s metal joints, and an explanation of how the doll was made. The auction estimate is $1,000-$1,500.

Composition dolls include Shirley Temple, Sonja Henie, the Dionne Quintuplets, a Dewees Cochran boy, Vogue Toddles and many more. Mid-century dolls are abundant in the Sept. 21 sale, as well, with an array of Madame Alexander Cissy dolls, hard plastic Ginnys, Hoyers, boxed Tonis and several other popular types. A quality grouping of Barbies includes a #2, #4, #5, and an excellent Blonde Ponytail #1 Barbie in striped one-piece swimsuit and original box, estimated at $2,000-$3,000.

There’s much more to attract collectors’ attention on auction day, including cloth and Swiss wood dolls, artist dolls (Sashas, R. John Wright, etc.), teddy bears, a grouping of 19th-century Neapolitan crèche figures, and a varied selection of doll clothes, accessories and furniture.

“Over the past several years we’ve seen a disparity in auction prices – up, then down, then up again on the same model of doll – and in every case it was the originality and condition of the doll that determined what it sold for,” said Foulke. “I think the September 21st auction is going to please collectors who want fresh, original dolls in excellent condition.”

Morphy’s September 21 Doll Auction will commence at 9 a.m. Eastern Time. All dolls are available to preview 7 days a week during regular business hours (9 a.m. to 4 p.m.) at Morphy’s gallery; or on auction day from 8-9 a.m.


**All forms of bidding will be available, including live via the Internet through Morphy Live, LiveAuctioneers or Artfact. View the fully illustrated catalog online at www.morphyauctions.com, www.liveauctioneers.com or www.artfact.com. For additional information, call 717-335-3435 or e-mail serena@morphyauctions.com. Visit Morphy’s online at www.morphyauctions.com.

Doubling Down: Legend-Morphy Introduces Monthly “Premium Internet Only Auctions”

August 1st, 2013 by

DENVER, PA – Legend-Morphy Rare Coin Auctions is expanding. Response to their live “Regency Auctions” has been so robust that they will soon be rolling out monthly “Legend-Morphy Premium Internet Only Auctions.”

The Premium Auctions will begin this September, and will be similar to Regency Auctions, but with the number of lots limited to between 100 and 250 PCGS and NGC graded coins. The auctions will max out at 250 lots, all valued between $500.00 and $10,000.00, and they will not be accepting modern coins. In keeping with their other boutique style sales, all coins will be vetted for quality, and all coins will be sold unreserved. Premium Auctions will only be scheduled during months without a Regency Auction.

Legend-Morphy president Julie Abrams stated that “the comment I receive most often is how much our customers appreciate our boutique approach and the carefully chosen high-end offerings in our auctions. We feel the natural offshoot to our quarterly Regency Auctions is to continue in a similar vein, adding what will now be our high quality Premium Internet Only Auctions. As with our Regency Auctions, every coin will be hand-selected with no surprises.”


Legend-Morphy Premium Internet Only Auction Schedule:

  • Sale I: Sept 23 – Sept 30th

Consignment deadline:  Sept 6th


  • Sale II: Oct 21 – Oct 26th

Consignment deadline:  Oct 4th


  • Sale III: Nov 11 – Nov 18th

Consignment deadline: Oct 25th



**For information about consigning to an upcoming Legend-Morphy Premium Internet Only Auction or for more information on any lot in the sale, e-mail Julie Abrams at juliea@legendmorphy.com or call 717-335-3435. You can also follow Legend-Morphy on Twitter at http://twitter.com/LegendMorphy and on Facebook at http://www.facebook.com/LegendMorphy.

The next Legend-Morphy live sale, The Regency Auction V, will be held Thursday, December 18 at the PCGS Members Only Show at the Venetian in Las Vegas. They are now accepting consignments.

All in: The Regency Auction IV Realizes Nearly $3 Million

July 25th, 2013 by

Headliners: 1893-CC Morgan Dollar PCGS MS66 Jack Lee, 1916/1916 Buffalo Nickel Doubled Die Obverse PCGS Secure MS64 CAC

1885 Morgan Silver Dollar (Front)

LAS VEGAS – Legend-Morphy Rare Coin Auctions recently held The Regency Auction IV in Las Vegas, the fourth under the “Regency” banner and fifth overall for the auction house. Numbers were exceptional across the board, with several noteworthy coins bringing well into six figures. The sale was once again held at the Bellagio during the PCGS Members Only Show, and huge online pre-bidding culminated with over three hours of feverish floor, phone, and online bidding, as a packed house battled over lots. Also for this sale, well known auctioneer Ron Guth returned to the podium at the request of Legend-Morphy partner Laura Sperber, setting the pace and calling the auction, which began at 6 PM PT.

Legend-Morphy partner Dan Morphy “was more than pleased with the sale and results. Lot preview was very strong with nothing but positive feedback on the catalog.

1885 Morgan Silver Dollar (Back)

Laura did a phenomenal job putting together a fresh grouping of exceptionally clean coins. We met a lot of new bidders and buyers, and are already looking forward to putting together a banner sale for December.”

Julie Abrams, Legend-Morphy president, went on to say, “This was our finest auction to date with 380 handpicked lots, many from world class collections. We could not be happier with the prices realized and the sell-through rate. We have been encouraged by the feedback that our bidders, buyers, and consignors have given us. In a relatively short period of time, they have embraced and validated our unique auction model; small, exclusive auctions with the highest quality coins.”

Total prices realized were $2,987,820.75, with several highlights bringing huge numbers:

  • Lot 62 – 5C 1916/1916 Doubled Die Obverse PCGS Secure MS64 CAC, $253,000.00
  • Lot 68 – P5C 1913 J-1950 PCGS Secure PR65 CAC Gold Sticker, $195,500.00
  • Lot 119 – 10c 1931-S PCGS MS67 FB CAC, $34,500.00
  • Lot 185 – $1 1795 Flowing Hair 3 Leaves, B-5, BB-27 PCGS MS61 CAC, $92,000.00
  • Lot 205 – $1 1885 PCGS MS66 DMPL CAC, $5,175.00
  • Lot 208 – $1 1879-CC PCGS MS65 CAC, $34,500.00
  • Lot 212 – $1 1893-CC PCGS MS66 JACK LEE, $161,000.00
  • Lot 294 – $2 1/2 1881 PCGS Secure PR67 DCameo CAC, $63,250.00
  • Lot 310 – $10 1883-CC PCGS AU58 EX Hall/Simpson, $16,100
  • Lot 334 – 25c 1893 Isabella PCGS PR65 CAC, $51,750.00

“We were thrilled that our boutique auction was able to sell nearly $3,000,000.00 worth of coins in just over 3 hours! Both collectors and dealers love the ease at which they can participate in our sales. The other auction companies can be as gigantic as they want, but for us we’re ecstatic to be small, efficient, and performance proven. We had expected the sale to do well, but we were blown away at the results,” said Legend-Morphy partner Laura Sperber. “The sale consisted of fresh, high end, eye appealing coins and many were direct from major collections. It’s gotten nearly impossible to locate true GEM pieces. From day one, we knew this sale was going to be special.”

The 1893-CC Morgan Dollar PCGS MS66 Jack Lee smashed expectations, hammering at $161,000.00, and the 1883-CC $10 Gold Eagle PCGS AU58 EX Hall/Simpson exceeded estimates, bringing in $16,100.00. Many others went for well above expectations, and in addition to the highlights listed above, Legend-Morphy was thrilled to announce the 1831 Capped Bust Quarter PCGS MS65 CAC, which went for $26,450.00, the 1879-CC Morgan Dollar PCGS MS64 from the Rancho CC Collection which realized $18,975.00, and a 1826 Capped Bust Half Dollar PCGS MS64 which went for $7,475.00. Laura went on to say that “the prices realized (many of which were record setting) proved that Legend-Morphy has as much fire power as any other rare coin auction house.” All prices realized are posted on the Legend-Morphy website: http://www.legendmorphy.com.

The next Legend-Morphy sale, The Regency Auction V will be held Thursday, December 18 at the PCGS Members Only Show at the Venetian in Las Vegas. They are now accepting consignments.


** For information about consigning to Legend-Morphy’s December Regency Auction V or for more information on any lot in the sale, e-mail Julie Abrams at juliea@legendmorphy.com or call 717-335-3435. You can also follow Legend-Morphy on Twitter at http://twitter.com/LegendMorphy and on Facebook at http://www.facebook.com/LegendMorphy.

Legend Numismatics purchases famous 1894-S Daggett Specimen Dime

July 24th, 2013 by

LINCROFT, NJ – Legend Numismatics has purchased the famous 10C 1894-S PCGS BM PR64+ Daggett Specimen from David Lawrence Rare Coins for a sum in excess of $2 million, a record price for any dime.

While helping fulfill a collecting goal of Legend partner Bruce Morelan, the firm also believes classic rarities like this are still undervalued in today’s marketplace. “We have no problem stocking a classic rarity like this. A classic Mercedes racecar sold last week for nearly $29,000,000.00. Paintings regularly sell for $10-$30,000,000.00. So a classic major numismatic rarity like this is cheap. In all the years Legend has bought and sold great rarities like the 94-S 10C, none have ever gone down in value. This coin was a no brainer for us to buy,” said Laura Sperber, President of Legend Numismatics.

John Feigenbaum, President of David Lawrence Rare Coins, personally handled the transaction with Legend. According to Feigenbaum, “It was an easy negotiation and a pleasure because both parties believe in the rarity and extreme desirability of this historic coin. Laura and I have always treasured the 1894-S dime and it was logical to me that her firm would be a likely candidate to acquire this piece. I wish them great success with the coin.”

There are many theories as to why 24 proof Dimes were minted in 1894 at San Francisco. Only 10 are confirmed to exist today and this coin is likely the third finest known. The most widely accepted theory is that the Mint Superintendent, John Daggett, had high ranking visitors he wanted to impress with special coins. No one knows for sure why he picked the Dime, except that he needed to balance a $2.40 deficit in the Mint ledger, so striking 24 dimes achieved dual purposes. After minting and distribution to his friends and guests, he gave 3 or 4 coins to his daughter, Hallie Daggett.

This story is one of the greatest in numismatic lore, and continues when Daggett’s daughter Hallie eventually sold a couple gem examples, including this very coin, to Earl Parker, a coin dealer in California, around 1950. At the time, she told Parker that she originally spent one of her prized dimes to buy an ice cream cone. That coin is known today in Good-4 as the “Ice Cream Specimen” but has not traded hands publicly since 1981. 1894-S Dimes have long been considered one of the top major classic numismatic rarities, along with the 5C 1913 Liberty Nickel, and the 1804 $1. In fact, the coin is currently ranked #4 in the “100 Greatest U.S. Coins” (Third Edition, Garrett, 2008) — behind the 1913 nickel, but ahead of the 1804 dollar, in importance.

Five collections converge to add variety and quality to Mosby & Co.’s June 8 Toy & Advertising Auction

May 8th, 2013 by

700-lot sale features Coca-Cola, rare petroliana and ‘book-example’ vending machines

FREDERICK, Md. – Elements of five outstanding but very different collections add diversity and fun to the 700-lot lineup in Mosby & Co.’s June 8 Toy & Advertising Auction. The event will commence at 10 a.m. Eastern time, and those who cannot attend are encouraged to leave an absentee bid, sign up for a phone line, or bid live via the Internet through LiveAuctioneers or Proxibid.

Embossed and chromolithographed 1901 Coca-Cola calendar featuring model Hilda Clark. Mosby & Co. image

“Collectors like a good mix. It heightens the curiosity factor and often leads to the discovery of great cross-over items,” said Mosby & Co.’s owner, Keith Spurgeon. “This is probably one of the most widely varied auctions we’ve produced to date. There are lots of toys and a tremendous selection of antique advertising, from early Coca-Cola to seven very desirable Stan Lee comic book signs made to display at Comic Con.”

The auction will open with country store and advertising, led by a fine collection of approximately 30 early Coca-Cola items. Among the Coke highlights are a beautiful 1903 serving tray, a 1901 calendar, and two rarities from the 1930s: a double-sided porcelain fountain service sign and a new/old stock embossed tin sign with in its original Coca-Cola shipping crate.

Two very rare promotional items issued by the Pure Oil Company (USA) date to the 1930s. “One is a figural radio shaped like an English cottage, which is what the Pure Oil gas stations looked like during that period. The other item is a figural cottage-shape birdhouse, wood with an enameled tin roof,” Spurgeon said.

Next up will be five Buddy Lee advertising dolls, which the manufacturer customized with advertising for the companies that commissioned them. The dolls are all original and complete. The rarest dolls in the group are the one advertising Coca-Cola and the doll dressed in Lee coveralls with a railroad conductor’s cap, made for Chesapeake & Ohio (C&O) Railroad.

Several European tin and porcelain signs are among the fascinating items in a steamship collection to be offered by Mosby & Co. Also included in the grouping are two circa-1900 reverse-on-glass promotional items for North German Lloyd steamship line – a thermometer and a barometer.

One of the finest signs in the sale is a colorful and profusely detailed tin sign advertising Thomas’ Inks and Mucilage. Its busy embossed image depicts a cat tipping over a jar of red ink. “These signs, for some reason, usually have extensive flaking, and most that I’ve seen were in very poor condition,” said Spurgeon. “This is the nicest one I’ve come across personally.”

A lineup of early gumball machines includes a number of book examples from Bill Enes’ respected reference titled “Silent Salesmen Too.” Among the rarities are a very nice Rex machine and a Digesto vendor. The same collection was the source for a Watling Twin Jackpot penny slot machine, which is entered in the sale, as well.

Rare Digesto Gum vendor, book example Bill Enes’ reference book ‘Silent Salesmen Too.’ Mosby & Co. image.

A wealth of desirable advertising smalls will be offered within the country store section of the sale. There are numerous peanut butter tins, cooking range-related items and several toys and other pieces pertaining to C.D. Kenny grocery store chain.

Toy buyers can bid to their hearts’ content in this auction, as the choices will be varied and plentiful. The headliner is a single-owner collection of 12 gas-powered tether or rail cars from California, including several types very seldom encountered at auction. The cars are from the acknowledged “golden age” of the 1930s-1950s, by manufacturers such as Dooling, McCoy, C&R and others. Some measure 17-20 inches long, and their estimates are generally in the $1,000-$4,000 range.

Several pressed steel automotive toys will be offered, as will a rare 1934 Buddy ‘L’ pressed-steel Golfer. Ex Dick Keats/Buddy ‘L’ Archive collection, it is the only known Golfer that retains its original box.

The toy parade continues with celluloid toys, scores of tin wind-ups including a mint-boxed Eberl Topsy Turvy Tom toy, and an appealing TootsieToy Speedway set. Additional toy highlights include a Converse private-label horse-drawn wagon produced for a dairy in the Charlottesville, Va., area; 5-6 rocking horses, and a Eureka Bugatti tourist model pedal car with fenders and opening door and trunk.

A mixed selection of bisque- and china-head dolls is joined by children’s crockery and ABC plates. Also featured in the nursery section are four lithographed-tin high chair trays, American and dating to the 1870s. Each tray is decorated with a charming scene typical of its period of production. One of the trays depicts elegantly gowned young girls dancing around a maypole. Another has a vibrant scene of children playing animatedly, with steamships and ocean liners on the water in the background.

“Within the scene, children are firing off a toy cannon and cap gun, and a boy has slipped firecrackers under a gentleman’s formal jacket as a prank. The artwork includes an American Flag and quite likely represents a holiday, perhaps the Fourth of July. This is an item that firecracker and holiday collectors might really like,” said Spurgeon.

The auction also includes part two of a ceramic bank collection, plus a few cast-iron mechanical banks. The top lot amongst the mechanicals is a superb short-sleeve version of the “Dinah” bank.

Pop culture fans will immediately appreciate the desirability of a set of seven different 5-by-3ft foam core signs made specifically to display at Comic Con 2010. The main sign, which includes Stan Lee’s face within the artwork, is flat, while the other six were created in relief. All promote “Stan Lee’s Super Seven” comic book, which never saw the light of day. “The comic book project was shelved because of a copyright issue. The idea may be revived at some point in time, but if it is, it will be released under the title ‘Mighty Seven’ and not ‘Super Seven,’” Spurgeon explained.

Mosby & Co.’s Saturday, June 8, 2013 Toy & Advertising auction will commence at 10 a.m. Eastern Time at the company’s gallery at 5714-A Industry Lane, Frederick, MD 21704. Preview hours are 4-7 p.m. on Friday, June 7; 8-10 a.m. on auction day, and by appointment during the week prior to the sale. Catered food service will be available.

All forms of bidding will be available, including live via the Internet through LiveAuctioneers.com and Proxibid.com. Printed catalogs are $24 to US addresses; $35 outside the USA. For additional information, call 240-629-8139 or e-mail keith@mosbyauctions.com. Visit Mosby & Co. online at www.mosbyauctions.com.

Collectors called the shots Feb. 28 at Legend-Morphy’s $1.73M PCGS Las Vegas sale

March 6th, 2013 by

Heavy Internet bidding contributed to consistent above-estimate prices

LAS VEGAS – Coin connoisseurs from throughout the country gathered at the elegant Venetian/Palazzo hotel for Legend-Morphy Rare Coin’s Feb. 28 Regency Auction, which tallied an outstanding $1.73 million (all prices quoted inclusive of 15% buyer’s premium). Legend-Morphy brought its A-game, offering a carefully handpicked selection of coins in a boutique-style, 334-lot sale held in association with the PCGS Members Only Coin Show.

Collectors liked what they saw and bid aggressively, both before and during the event.

H10C 1796/5 PCGS MS64+ CAC, provenance from the Eliasberg collection, $92,000. Legend-Morphy image.

“The pre-auction online bidding activity greatly exceeded our expectations,” said Legend-Morphy’s president, Julie Abrams. “That, combined with heavy attendance at the preview, gave us every reason to believe the auction would be a success.”

Boasting exceptional eye appeal, an H10C 1796/5 PCGS MS64+ CAC exhibited fully struck details, pristine surfaces, light semi-proof-like mirrors and strong luster. With provenance from the Eliasberg collection – the only known complete collection of half dimes – the rare coin was offered without reserve and estimated at $65,000+. Bidders showed no hesitation in pushing the final price to $92,000, making it the top lot of the sale.

Landing in the runner-up position was a $20 1909-D PCGS secure MS66 CAC, ex Dr. Steven Duckor collection. A totally original coin, exceptionally clean and satiny on both sides, it sold for $80,500.

Another crowd favorite was a 1798 $1 Small Eagle 15 Stars B-2, BB-81 PCGS secure AU55+. “This particular coin came from the personal collection of a major bust dollar dealer and is extremely rare in ‘choice AU’ or higher,” said Legend-Morphy partner Laura Sperber. It made a strong showing at the Feb. 28 auction, garnering $51,750.

“Penny wise” collectors were all over an exceptionally high-quality 1C 1909 VDB PCGS secure PR64 BN CAC. Considered the ultimate example of a matte proof Lincoln, it streaked past its estimate of $15,000+ to settle at $27,600.

Offered without reserve and pre-auction guidance of $20,000-$22,500, a much-sought-after 1796 25C PCGS F12, was described as “picture perfect” and “superb gem fine 12.” A problem-free coin in original pewter with hints of golden brown, its details and depiction of Miss Liberty were “just what they are supposed to be – nicely struck,” said Sperber. The 18th-century numismatic treasure concluded its bidding run at $29,900.

A magnificent multicolored Peace Dollar was entered in the sale with a $6,000-$7,000 estimate and Sperber’s catalog notation that it was “easily the finest colored 1923S and possibly one of the finest colored Peace Dollars that exist.” The coin handily surpassed expectations to sell for $11,500.

There was great excitement over a 1C-$1 1901 proof set PCGS PR64-66 from the Buckeye Commander Collection. Every coin in the set was high end, with matched original colors and spectacular clarity and reflectivity. Offered without reserve, it was bid to $21,850 against an estimate of $17,500-$20,000.

“There was intense interest in this auction, and absentee bidding was strong,” said Legend-Morphy partner Dan Morphy. “That reflects very favorably on the trust coin buyers have placed in our operation. They know how selective we are and that we bring only the finest-quality coins to the auction marketplace.”

$1 1901 proof set PCGS PR64-66, ex Buckeye Commander Collection, fully matched set, $21,850. Legend-Morphy image.

Sperber, Morphy and Abrams all commented on the valuable feedback they received from customers at their second Las Vegas Regency event.

“The comment I heard most often was how much they appreciate our boutique approach and the carefully chosen high-end offerings in our auctions,” said Abrams. “Customers also appreciate that we produce a beautiful hardbound catalog and that we’re so attentive and available to answer their questions at the preview.”

The Legend-Morphy team has already begun work on the next Regency Auction, which will be held April 11th at the Bellagio in Las Vegas.

“Although the April 11th sale is already full, we are accepting quality consignments for our July auction,” Sperber noted.

For information about consigning to Legend-Morphy’s July auction, call Julie Abrams at 717-335-3435 or e-mail info@legendmorphy.com. Visit the company online at www.legendmorphy.com.