Long-held rarities see light of day in historic sale

This 1904 ICCS Gem Uncirculated-65 is the second scarcest from the Edward VII series, with a mintage of 60,000.

“It was the greatest auction I’ve ever been a part of.” Charles “Chuck” Moore made the remark earlier this month, after the Canadian Legacy Sale II realized $4.1 million in total sales. With its first two sessions bringing in more than $3 million, the auction was the largest sale of Canadian materials in Canadian numismatic history. In fact, by the time the sale’s fourth and final auction was set to begin, auctioneer Steven Bromberg announced the sale had already set a new record for Canadian auctions. Continue reading →

Catching coin fever

The Canadian Legacy Sale II will certainly go down in Canadian numismatic history books as one of the most successful auctions of all time. The four-day auction shattered Canadian records, with sales exceeding more than $4 million. This is great news for our numismatic community. The four nights of the auction, featuring 3,200 lots, created an event for dealers and collectors of all levels to buy some really rare coins that the market hasn’t seen in a long time. Continue reading →

Canadian cents, U.S. coins soar at Landon sale

This 1915 ICCS Mint State-67 Large Cent sold at the Landon sale for $9,750, plus buyer’s premium, well above the $3,750 estimate.

There were many highs at the G.F. Landon sale – the first of four days of the Canadian Legacy Sale II, featuring more than 3,200 lots and $6 million worth of coins, tokens, medals and banknotes. With the small Osgoode Room of Toronto’s Hilton Hotel filled to capacity, Session One began with 12 lots of Dominion of Canada banknotes, eight of which sold to the same bidder. These lots included an 1897 DC-12 – one of only 11 ever made – that sold for $3,000 (before premiums and taxes) below its original estimate of $12,000. However, prices didn’t stay low for long. The Canadian tokens did reasonably well, especially the bulk lots that exceeded estimates by two or three times. However, as auctioneers reached the red-hot U.S. coins, prices began soaring at high altitudes. Continue reading →

Shows are great for the business

There’s no business like show business... While this popular phrase is borrowed from the 1954 movie of the same name and the famous song in the stage musical, Annie Get Your Gun, given it’s “awards season” in the ‘show’ business, I think it’s also timely to shine the light on coin shows. Since joining the Trajan team, I have been making a concerted effort to attend as many coin shows as possible, and, I have become a fan of coin shows for many good reasons. Continue reading →

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