Heritage-NYINC Signature Auction of Ancient & World Coins Nears $4.5 Million in New York City Event

. January 18, 2008

Dallas, TX. Heritage Auction Galleries presented one of their most successful Signature Auctions of ancient and world coins at the New York International Numismatic Convention, held in New York on Jan. 6-7. The Auction realized more than $4.3 million, with additional proceeds to come from Post Auction Buys expected to push total prices realized past the $4.5 million mark.

“Historic Russian rarities continue to be exceptionally strong,” noted Warren Tucker, Heritage’s Director of World Coin Auctions. “We are now in the second year of a boom market that sees many numismatic masterpieces being returned to the country where they were minted, after being held in Western collections for many decades. Lot 52195, an 1835 1-1/2 Family Rouble of Nicholas I (Bit-885, Uzd-4204, Julian-1247) with a mintage of only 36 pieces realized $161,000. An 1836 Novodel 1-1/2 Family Rouble (Bit-H889) with a very interesting and rare reverse realized $149,500. A 1724/3 Gold 2 Roubles of Peter I (Bit-163), unusual in not having the Imperial double-eagle on the reverse, realized $37,375.”

“The modern, limited-mintage coins of China,” continued Tucker, “are also being avidly pursued. The Gem Proof 1992 Gold Kilo 2000 Yuan, Lunar series (KM-Y702), #10 of only 20 minted, realized $126,500 against an estimate of $30,000 – $35,000. The 2005 Gold Kilo Panda 10,000 Yuan, unlisted in Krause and housed in the original presentation case (#74 of a mintage of 100) realized $36,800. The 1993 5 ounce Gold Marco Polo 500 Yuan, KM395, Gem Proof housed in its original case (one of only 100 minted) realized $20,700.

Heritage’s Official Auction at NYINC was immediately followed by their Official Auctions at the FUN 2008 Convention in Orlando; FUN prices realized surpassed $50 million in rare coins, and more than $10 million in rare currency (Heritage’s second largest auction ever). When proceeds from Final Session Auctions for coins and currency are concluded, plus Post Auction Buys from all events are combined, total numismatic prices realized for the week (including NYINC) are expected to exceed $66 million. Results from all auctions have been posted by Heritage in their Permanent Auction Archives at HA.com.

“We are also seeing increasing numbers of world collectors participating through our new Heritage Live online bidding system,” concluded Tucker. “This allows our Internet bidders around the world to participate directly in the floor action, just like any other floor bidder at the Waldorf Astoria. I am seeing more Internet bidders winning using Heritage’s unique technology.”

Heritage January 2008 NYINC Ancient & World Coin highlights:

http://www.HA.com/coins/common/prlink.php?Sale_No=458&Lot_No=52195&type=prte-pr011408c

Lot 52195: Russia, Nicholas I. 1835 1-1/2 Family Rouble, obverse and reverse signed in full (Paul Utkin), Bit-885, Uzd-4204, Julian-1247, AU.
Exceedingly rare and the second most elusive of the Family Ruble issues; one of the true rarities of Russian numismatics with a mintage of only 36 pieces.
Realized: $161,000

http://www.HA.com/coins/common/prlink.php?Sale_No=458&Lot_No=52196&type=prte-pr011408c

Lot 52196: Russia, Nicholas I. 1836 Novodel 1-1/2 Family Rouble, obverse signed, reverse unsigned. Bit-H889, prooflike UNC. A very interesting and rare reverse variety, completely different from the usual Novodel reverse; the same reverse die is pictured in the famous 1968 Hess-Leu Russian Sale 39.
Realized: $149,500

http://www.HA.com/coins/common/prlink.php?Sale_No=458&Lot_No=50764&type=prte-pr011408c

Lot 50764: China, People’s Republic, 1992 Gold Kilo 2000 Yuan, Lunar series, Gem Proof, KM-Y702. Only 20 of these impressively large coins were minted, and this is #10. This is one of the true rarities in modern Chinese numismatics.
Realized: $126,500

http://www.HA.com/coins/common/prlink.php?Sale_No=458&Lot_No=52084&type=prte-pr011408c

Lot 52084: Poland, Republic 1989 gold 200000 Zlotych, KM-Y190, Friedberg 141, gem cameo Proof. Presented in the original wooden box of issue, the mintage is listed on the COA as 200. A huge and highly attractive issue honoring Pope John Paul II.
Realized: $40,250

http://www.HA.com/coins/common/prlink.php?Sale_No=458&Lot_No=52157&type=prte-pr011408c

Lot 52157: Russia, Peter I. 1724/3 Gold 2 Roubles, Bit-163, Choice XF. A very unusual issue, as most of the early Russian coinage has the Imperial double-eagle on the reverse.
Realized: $37,375

http://www.HA.com/coins/common/prlink.php?Sale_No=458&Lot_No=50772&type=prte-pr011408c

Lot 50772: China, People’s Republic. 2005 Gold Kilo Panda 10,000 Yuan, Gem Proof. Unlisted in Krause; housed in the original presentation case, with certificates. This is number 74 of a mintage of 100 pieces.
Realized: $36,800

http://www.HA.com/coins/common/prlink.php?Sale_No=458&Lot_No=50994&type=prte-pr011408c

Lot 50994: French Cochin China, French Colonial Essai Piastre 1879A, KM-E12, MS65 ANACS. This very rare pattern is one of the most elusive rarities of the world trade dollar series. ESSAI above PIASTRE and A mintmark below COMMERCE.
Realized: $34,500

http://www.HA.com/coins/common/prlink.php?Sale_No=458&Lot_No=51301&type=prte-pr011408c

Lot 51301: Great Britain, George III pattern £2, 1820, S-3784, WR-179, engraved by Benedetto Pistrucci, his initials appearing to the far right in the reverse exergue, Proof. Features raised lettered edge reading “DECUS ET TUTAMEN. ANNO REGNI LX.”, the stops being tiny cinquefoils. Beautiful proof details are complete to the tiniest design feature. Few coins of any time or issuer are rarer or more beautifully conceived and designed than this prototype for later gold coins of this denomination (none were made during the reign of George III). Made on steam-driven coinage presses purchased by the Crown from Boulton and Watt’s manufactory at Birmingham, the former Soho Mint, which did much coinage contracting for the Crown and others in the previous century.
Realized: $29,900

http://www.HA.com/coins/common/prlink.php?Sale_No=458&Lot_No=52083&type=prte-pr011408c

Lot 52083: Poland, Republic. 1987 gold Proof Set, KM168-171, Friedberg 132-135, 1000, 2000, 5000 and 10000 Zlotych, all gem cameo Proof. In the original wooden box of issue with COA, the designs feature Pope John Paul II facing left. The mintage listed in the SCWC for each type is 201 and on the COA, 200.
Realized: $29,900

http://www.HA.com/coins/common/prlink.php?Sale_No=458&Lot_No=50133&type=prte-pr011408c

Lot 50133: Australia, George VI. 1937 Proof Crown, KM34, Proof 61 NGC. A very rare and popular issue, with a small mintage of only 100 pieces.
Realized: $27,600

http://www.HA.com/coins/common/prlink.php?Sale_No=458&Lot_No=50296&type=prte-pr011408c

Lot 50296: Bolivia, Carlos II. Heart-shaped cob 4 Reales 1697P-CH, type of KM25, choice VF, holed at the top. At 14.59 grams, it is slightly heavy for this denomination, but weight may not have been a priority at the mint in the preparation of these special heart-shaped presentation strikes. Extremely rare and a previously unknown date for a heart. Estimates are that fewer than 20 heart-shaped 4 Reales exist, and each may be unique by date! The CH assayer, Sebastian de Chavarria, was a temporary mintmaster in 1697 only.
Realized: $27,600

http://www.HA.com/coins/common/prlink.php?Sale_No=458&Lot_No=52197&type=prte-pr011408c

Lot 52197: Russia, Nicholas I. 1839 Borodino Commemorative 1-1/2 Rouble, by H. Gube, Long Rays, Bit-892, AU details. Sharply struck with prooflike fields, this is one of the classic Russian numismatic rarities.
Realized: $27,600

http://www.HA.com/coins/common/prlink.php?Sale_No=458&Lot_No=51717&type=prte-pr011408c

Lot 51717: Mexico, Felipe V. 1733MX-MF Pillar 4 Reales, KM94, MX/XM, MS63 NCG, prooflike surfaces. Very rare variety with the X in the mintmark punched over a partially obliterated “o” (i.e., Mo.); certainly among the finest known.
Realized: $25,300

http://www.HA.com/coins/common/prlink.php?Sale_No=458&Lot_No=52077&type=prte-pr011408c

Lot 52077: Poland, Alexander I of Russia. 1829-FH gold 25 Zlotych, KM-C118, Friedberg 110, lustrous XF-AU. A rare and extremely popular type; the mintage for this date is listed as 66, the lowest by far for the type.
Realized: $21,850

http://www.HA.com/coins/common/prlink.php?Sale_No=458&Lot_No=52072&type=prte-pr011408c

Lot 52072: Poland, Sigismund III Taler 1629, Davenport 4316, Gumowski 1218, MS63 NGC. A rare and highly popular coin in this superior quality.
Realized: $20,700

http://www.HA.com/coins/common/prlink.php?Sale_No=458&Lot_No=50262&type=prte-pr011408c

Lot 50262: Bolivia, Felipe IV. 1650P-O Royal cob 8 Reales, KM-R19b, Lazaro 111, choice XF. Fully struck on a beautiful round planchet, no trace of mounting and not counterstamped. One of the most desirable coins of Potosi, Royals of this debased silver type are extremely rare.
Realized: $20,700

http://www.HA.com/coins/common/prlink.php?Sale_No=458&Lot_No=50765&type=prte-pr011408c

Lot 50765: China, People’s Republic. 1993 5 ounce Gold Marco Polo 500 Yuan, KM395, Gem Proof. Housed in its original case, only 100 of these pieces were minted.
Realized: $20,700

For more information about Heritage’s auctions, and a complete record of prices realized, along with full-color, enlargeable photos of each lot, please visit www.HA.com.

To reserve your copy of any Heritage auction catalog, please contact Client Services at 1-800-872-6467, ext. 1150, or visit www.HA.com/Catalog to order by email.

Category: Auction News

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