Superior Galleries Realizes Strong Prices in May 26-27, 2008 Beverly Hills Elite Auction

. May 30, 2008

DALLAS – DGSE Companies, Inc. (AMEX:DGC), which wholesales, retails and auctions fine watches, jewelry, diamonds, precious metal and rare coin products via traditional and Internet channels, today announced its results for Superior Galleries May 26-27, 2008 Beverly Hills Elite Auction. This 1273 lot event continues a multi-decade tradition of Pre Long Beach Elite Auctions. This auction, anchored by the stellar Road Runner Collection, realized $2,857,539.00 inclusive of the standard 15% buyer’s premium amid active bidding.

Some individual highlights of this auction included:

Lot 235 – 1879 $4 Gold Flowing Hair NGC PF67 Cameo $402,500
Lot 100 – 1803 $10 Capped Bust, Small Stars Rev., NGC MS64 $109,250
Lot 773 – $10,000 FRN, Fr. 2231B, PCGS CU65 $132,250
Lot 94 – 1797 $10 Capped Bust – Heraldic Eagle NGC MS61 $65,500
Lot 196 – 1907 $20 High Relief Wire Rim PCGS MS65 $51,750
Lot 564 – 1836 Gobrecht Dollar, Judd-58, PCGS AU58 $46,000
Lot 25 – 1914-D $2.50 Indian PCGS MS65 $40,250
Lot 134 – 1863-S $10 Liberty NGC AU58 $33,350
Commenting on the Superior Beverly Hills Elite Auction, Senior Vice President of Auctions Paul Song said, “We are delighted with our results, particularly with the strong prices realized by the Road Runner Collection of Rarities, including $402,500 realized for the 1879 $4 Gold Flowing Hair Stella NGC PF67 Cameo, and the stunning $132,250 realized by the $10,000 1934 Federal Reserve Note PCGS CU65. Our strong results are a testament to the attention and care that we have been putting toward creating the finest auctions in the industry. Personalized marketing to key bidders helped drive prices on important lots, particularly in our anchor collections.”

Mr. Song continued, “We are now concentrating our efforts on our upcoming 700 plus lot June 29, 2008 Estate Jewelry and Time Piece Auction in Beverly Hills and our July 26, 2008 Baltimore Elite Auction to be held just prior to the ANA World’s Fair of Money.” For more information on this auction or on how to consign to one of our future Elite Auctions, please contact Paul Song or Aaron Malone, Consignment Director 800-545-1001 or consign@sgbh.com. Space is limited in all of our exclusive Elite Auctions, so please contact us well in advance to reserve a spot alongside these or future special numismatic treasures.

Category: Auction News

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