Stack’s Bowers Sells Over $20 Million in World and Ancient Numismatics at 2022 NYINC

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1595 Medal in weight of 10 ducats

After a banner year in 2021, Stack’s Bowers Galleries World Coins and Ancient Coins Department recorded continued high prices as more than $20 million worth of numismatic items crossed the block at their official auction. of the New York International Numismatic Convention. (All prices include buyer’s fees.)

The sale featured many important collections and brought to light many treasures that had remained on the market for years. The early part of the Mark and Lottie Salton collection included Greek, Polish and Russian rarities, many of which were on offer for the first time since the 1930s. The Salton cabinet of Polish gold exceeded expectations, generating high prices well in beyond catalog estimates, led by two large numbers of medals from the reign of Sigismund III. A 1595 Medal in weight of 10 Ducat minted in Vilnius and commemorating the Union of Sweden in the Polish-Lithuanian Commonwealth reached $480,000, more than three times the high estimate of $150,000. A 1592 Medal in 7 Ducat Weight rated AU-55 by PCGS sold for $360,000, well above the high estimate of $200,000. The Salton Collection also offered two extremely rare Riga minted Ducats which are key additions to any advanced collection of Polish hammered gold. the Riga issue of 1599/88 graduated MS-63 by PCGS closed at $126,000 versus an estimate of $50,000-$80,000. Riga’s second coin, a 1584 Ducat from the Reign of Stephen Bathori grade AU-50 by PCGS, was the most stunning of all the action as it was offered up to $216,000, more than triple its presale high estimate. It now holds the record for the highest price paid for a Polish Ducat single at public auction.

1584 Ducat from the reign of Etienne Bathori

1584 Ducat from the reign of Etienne Bathori

The Salton Collection also offered many treasures of old numismatics and constituted a significant part of the old coins presented during the sale. Two decadrachms from the time of Dionysios I have aroused much interest, one signed by Kimon and graduated NGC Ch TTB ★ Stroke: 5/5 Surface: 5/5 Fine Style, and the other signed by Euainetos and graduated NGC Ch EF★ Stroke: 5/5 Surface: 4/5 Fine Style. The Kimon coin sold for $360,000 and the Euainetos for $198,000, significantly exceeding their median pre-auction estimates of $150,000 and $62,500 respectively. The ancient Greek coins in the Salton collection were complemented by strong offerings from the Dr. Michael Rodgers collection of Roman gold. A phenomenal Elagablus aureus of the Mint of Antioch graduated NGC Ch MS★, Strike: 5/5 Surface: 4/5 grossed $312,000, and a Septimius Severus Aureus of the Mint of Rome graduated NGC Ch AU, Strike: 5/5 Surface: 3/5 Fine style made $192,000.

In the Latin American numismatic market, the Pat Johnson collection caused a stir with several high-powered items, including a Mexico City 1725/3 Royal Presentation Cob 8 Reales Graduated NGC AU-55, which grossed $432,000, double its high estimate. This room served as The standard catalog of world currencies coin plate and was previously part of the famous Virgil Brand collection. Another regal presentation piece from the Pat Johnson collection, a 1711 Mexico 4 graduated escudos NGC MS-66sold for $264,000.

The Gem Collection of British Campaign medals also performed very well, reflecting strong activity in the medal market. A set of Afghanistan Campaign 1842-3 medals in gold presented to the Duke of Wellington when he was Foreign Secretary made $33,600. A Majestic 1799 (1801) Seringapatam Gold Medal sold for $24,000, well beyond the $5,000 to $10,000 estimate.

80 ducats of Sigismund III

80 ducats of Sigismund III

No discussion of the Stack’s Bowers Galleries 2022 NYINC auction is complete without mentioning the crown jewel of the entire New York Convention: lot 1497, the famous 80 ducats of Sigismund III. This museum-quality relic fetched $900,000 and was the most expensive lot sold at auction at the 2022 New York International Numismatic Convention.

Consignments are currently being accepted for the April 2022 auction in Hong Kong as well as the company’s Collectors Choice online auctions, the next of which is scheduled for June 2022. , email [email protected] stacksbowers.com or visit StacksBowers.com.

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