News Feeds
Coin Collecting News
Red Lincolns are Hotter than Gold! – David Lawrence’s Internet Auction Results
(Virginia Beach, VA) – David Lawrence’s Internet Auction #199 highlighted by the Magnolia Collection of Lincoln Cents realized over $296,000! The online sale closed on November 29 with hundreds of bidders competing for the Registry-quality Lincoln cents, among other certified U.S. and world coinage.
These popular Registry-quality coins were highly contested, and we were surprised by the bidding activity with 245 lots sold in the 5-day event.
Noteworthy highlights include (all prices include 15% buyer’s premium):
1909 1c PCGS MS67 RD $ 4313.
1911-D 1c PCGS MS66 RD $ 10,953.
1915 1c PCGS MS67 RD $ 21,883.
1919-D 1c PCGS MS65 RD $ 5,980.
1921 1c PCGS MS66 RD $ 3,220.
1943-S 1c PCGS MS68 $ 3,220.
1957-D 1c PCGS MS67 RD $ 4,945.
Both the consignor and buyers were elated by the results of this sale. To view a complete listing of auction #199 results please visit our web site. In addition to these results, a 1792 half disme PCGS AU55 and 1892-S Morgan $1 PCGS MS65 sold in post-auction trading — both well into six figures meaning the true volume of the event was over $600,000.
According to John Feigenbaum, President of David Lawrence, “this sale was truly exciting for us because it brought together all the facts of our auction platform that we have been working on for the past two years. The consignor was able to sell his coins for top dollar and the coins were sold less than two weeks after the original consignment! Internet bidding is fast taking over this area of the market and we are working every day to lead the charge.”
In fact, the consignor of Lincolns was so impressed that he has consigned the balance of his Red Lincoln Collection (all PCGS graded!) for the Magnolia Sale, Part II which will open for bidding on Friday, December 14 (close on Dec. 20). Visit www.davidlawrence.com for information on this upcoming sale.
For questions about consigning to any of the David Lawrence Internet Auctions or if you have questions about bidding in the sale, please contact Win Callender (1-800-776-0560 x101; win@davidlawrence.com) or Jason Smith (1-800-776-0560 x103 or email jason@davidlawrence.com.
DLRC Auctions
PO Box 9174
Virginia Beach, VA 23450
1-800-776-0560
www.davidlawrence.com
email: info@davidlawrence.com
Related posts:
- David Lawrence Announces Addition of Thursday Internet-Only Auctions
- David Lawrence Summer Sunset Collection Auction Now Accepting Bids
- David Lawrence’s Southern Seated Dollar Sale Realizes $650,000!
- David Lawrence Rare Coins Sells 1894-S Dime for Record-Breaking $1.9 Million
- David Lawrence Auctions offering Classic 1802 Half Dime
- PCI Assets Purchased by David Lawrence Rare Coins
- David Lawrence Rare Coins Auctions to Offer the “Picky Collection” of Bust Coins
- David Lawrence Rare Coins View on PCGS’ Hard Stance Against Coin Doctors
- David F. Fanning Numismatic Literature is conducting a mail-bid auction, with a closing date of October 28.
- Q. David Bowers’ Numismatic Research Library to be Auctioned by David Sklow
About the Author
David Lawrence Rare Coins (DLRC) was founded in 1979. We believe in building long-term relationships with our customers that are mutually beneficial. If you will let us help build your collection, we will extend ourselves in every way possible. Services include: finding items on your want list; arranging flexible lay-aways to help you purchase the expensive pieces; taking your trade-ins as you upgrade or modify your collection; buying all or part of your collection; and giving advice on all collecting matters.
