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Bowers and Merena and Ponterio Realize More than $8.5 Million at Rare Coin and Currency Auctions in Baltimore

Bowers & Merena U.S. Coin and Currency Sales Exceed $7 Million

Record-setting Sale of 1901-S Barber Quarter

Bowers and Merena Auctions, America’s leading rare coin and currency auction house, continues its long-standing and successful partnership with the Whitman Coin & Collectibles Baltimore Expo. As Official Auctioneer of the March 2010 expo, Bowers and Merena realized more than $8.5 million in U.S. and foreign, coin and currency sales. Prices realized for U.S. coins exceeded $5.5 million while U.S. currency accounted for a further $1.3 million of the total, for a combined U.S. prices realized of more than $7 million.

“We conducted a highly successful auction in Baltimore with strong bidder participation in all sessions,” concluded Bowers and Merena president Steve Deeds. “A trio of fresh, original rarities led the way by bringing particularly strong prices. Offered as lot 737, the finest PCGS-certified 1901-S Barber Quarter in MS-68 went to the winning bidder at a record-setting $327,750. Part of the same consignment, a very rare proof striking of the 1879-O Morgan Dollar (lot 3104, PCGS Proof-64, OGH–First Generation) sold for $184,000 and a beautiful, premium-quality 1915-S Pan-Pac $50 Round in PCGS MS-66 traded for $281,750. The Pan-Pac $50 is a pop 1/0 coin and was featured as lot 3473 in our catalog.”

Continued Deeds: “The Cuyahoga Collection of Charlotte and Dahlonega Mint Gold also performed very well in our March Baltimore Auction. Important rarities from this high-ranked NGC Registry Set include lot 3739, an 1839-C Liberty Half Eagle in NGC MS-63 that realized $126,500 and lot 3609, an 1849-C Liberty Quarter Eagle certified MS-65 by NGC that changed hands at $103,500.”

“Bowers and Merena’s sale of U.S. currency at the March 2010 Baltimore Expo was also impressive,” noted director of currency auctions Matthew Quinn. “Noteworthy prices were realized by lot 1379, a Fr. 282* 1923 $5 Silver Certificate Star Note graded Superb Gem Uncirculated 67 EPQ by PMG that went for $41,688 and lot 1982, a spectacular ‘$15’ double-denomination error on a Fr. 1960-D 1934D $5 Federal Reserve Note certified Very Choice New 64 PPQ by PCGS that traded hands for $21,850.”

Additional highlights from the Bowers and Merena March 2010 Baltimore Auction include:

* Lot 442, 1867 Shield Nickel, Rays, Proof-65 (PCGS), OGH, realized $54,050
* Lot 605, 1798/7 Draped Bust Dime, 16 Stars, MS-65 (NGC), realized $29,046
* Lot 1372, Fr. 282, 1923 $5 Silver Certificate, Superb Gem Uncirculated 67 EPQ (PMG), realized $28,750
* Lot 1373, Fr. 282, 1923 $5 Silver Certificate, Superb Gem Uncirculated 67 EPQ (PMG), realized $20,700
* Lot 1395, Fr. 359, 1890 $5 Treasury Note, Gem New 65 (PCGS), realized $12,765
* Lot 1442, Fr. 953b, 1914 Red Seal $20 Federal Reserve Note, Gem Uncirculated 66 EPQ (PMG), realized $13,800
* Lot 1494, Fr. 1216b, 1882 $500 Gold Certificate, Very Fine 20 (PMG), realized $15,238
* Lot 1622, Fr. 2306*, 1935A $1 Silver Certificate, North Africa, Gem Uncirculated 66 EPQ (PMG), realized $6,900
* Lot 1815, Fr. 1608, 1935A $1 Silver Certificate, Serial #F00000001C, Superb Gem New 67 PPQ (PCGS), realized $8,625
* Lot 1947, Fr.1187, 1922 $20 Gold Certificate, Butterfly Error, Gem Uncirculated 66 EPQ (PMG), realized $10,925
* Lot 1991, San Francisco, California, $5 1870, Fr. 1136, The First National Gold Bank, Charter #1741, Very Fine 25 (PMG), realized $14,950
* Lot 2150, Philadelphia, Pennsylvania, $100 1882 BB, Fr. 520, The Union NB, Charter #563, Extremely Fine 40 (PMG), realized $9,488
* Lot 2172, Philadelphia, Pennsylvania, $5 1882 BB, Fr. 467, The Independence National Bank, Charter #3085, Choice Fine 15 (PMG), realized $6,900
* Lot 3452, 1903 Louisiana Purchase Exposition Gold Dollar, Jefferson Portrait, Proof-66 Cameo (PCGS), realized $28,175
* Lot 3518, Kellogg 7 Humbert Assayers, Gold Ingot bar No. 794, 56.91 Ounces, 880 Fine, realized $132,250
* Lot 3588, 1839-C Classic Quarter Eagle, MS-60 (NGC), realized $34,500, from the Cuyahoga Collection
* Lot 3590, 1841-D Liberty Quarter Eagle, MS-63 (NGC), realized $48,875, from the Cuyahoga Collection
* Lot 3591, 1842-D Liberty Quarter Eagle, MS-61 (NGC), realized $32,775, from the Cuyahoga Collection
* Lot 3600, 1845-D Liberty Quarter Eagle, MS-64 (PCGS), realized $63,250, from the Cuyahoga Collection
* Lot 3623, 1854-D Liberty Quarter Eagle, MS-63 (PCGS), realized $63,250, from the Cuyahoga Collection
* Lot 3932, 1860 Liberty Double Eagle, MS-64 (NGC), realized $41,400

PONTERIO & ASSOCIATES REALIZES $1.5 MILLION IN BALTIMORE

Russia 1882 3 Rubles Realizes an Astonishing $41,300

IRVINE, Calif. — Ponterio & Associates, America’s premier auction house for foreign coins and paper money, realized more than $1.5 million as part of the Official Auction of the March 2010 Whitman Coin & Collectibles Baltimore Expo. The three-session sale netted nearly $500,000 in foreign paper money sales with ancient and foreign gold, silver and minor coins accounting for more than $1 million in additional prices realized.

“Capitalizing on our firm’s long-standing relationship with the Whitman Baltimore Expo,” stated Rick Ponterio, executive vice president of Bowers and Merena, “we were able to conduct a highly successful auction in conjunction with the March expo. Two coins in particular stand out as commanding strong prices from the winning bidders. The first is lot 7684, a Russia 1882 CNB-HO 3 Rubles (Fr-166, Y-29) certified MS-62 by NGC that traded hands for $41,300, well over the $7,000 catalog estimate. Equally impressive is the sum of $32,450 paid for lot 7002, an extremely rare, low-mintage Greece 1876-A 50 Drachmai (Fr-14, KM-50, Geo-135) in NGC AU-58.”

According to Bowers and Merena director of currency auctions Matthew Quinn, “Our foreign paper money offerings in Ponterio & Associates’ March Baltimore Auction resulted in strong bidder competition and several noteworthy prices realized. Chief among these was obtained by lot 6389, a seldom-seen Iranian 20 Tomans dated 26.3.1922 and attributed as P-15 that brought $12,980. We graded the note Fine-Very Fine in our catalog.”

Additional highlights in the Ponterio & Associates March 2010 Baltimore Auction include:

* Lot 6152, China–Republic, 1 Yuan, 1939, P-81A, Choice Very Fine, realized $5,428
* Lot 6172, China–Foreign Banks, Chartered Bank of India, Australia & China, $10, 1.9.1922, P-S185A, Choice About Uncirculated, realized $5,015
* Lot 6179, China–Foreign Banks, Banque Industrielle De Chine, $500, ND (1914), P-S397C, Choice Uncirculated, realized $3,835
* Lot 6202, China, Remnants of a Rare Chinese Currency Wall Plaque, Very Good, realized $5,900
* Lot 6361, India, 50 Rupees, ND (1930), P-9c, Fine, realized $8,260
* Lot 6387, Iran, 5 Tomans, 1.6.1925, P-13,Very Fine, realized $5,015
* Lot 6388, Iran, 10 Tomans, 1.11.1929, P-14, Fine-Very Fine, realized $7,080
* Lot 6696, Portugal, 1,000 Escudos, 27.4.1922, P-131s, Choice About Uncirculated, realized $8,850
* Lot 7127, Mexico, 2 Escudos, (1)700-L, Fr-4, KM-52, Cal-type-27 (unlisted date), Extremely Fine, realized $12,980
* Lot 7293, Mexico, Carlos and Johanna, Early Series, 2 Reales, ND (1536), Assayer R, Gothic Assayer’s Letter, KM-10, Nesmith-4 (unlisted dies), Very Fine, realized $6,490
* Lot 7416, Mexico, War of Independence, Painted Enamel Framed in Gilt Bronze medal for Valor at the Battle of Peruara, January 1814, Extremely Fine, realized $6,785
* Lot 7535, Colombia, 2 Escudos, 1626-E, (II-NRE), Santa Fe Mint, Fr-2 (unlisted date), KM-4.1 (unlisted date), Cal-type-34 (unlisted date), Extremely Fine, realized $5,900
* Lot 7589, Great Britain, Angle, ND (1582/3), Fr-218, S-2531, EF-45 (NGC), realized $5,015
* Lot 7735, Switzerland, 100 Francs, 1925-B, Fr-502, KM-39, MS-64 (PCGS), realized $8,850
* Lot 8227, China, Pattern Dollar, 1907, Tientsin Mint, L&M-20, Kann-22, MS-62 (NGC), realized $7,375
* Lot 8299, Denmark, 2 Speciedaler, ND (1669)-GK, Sieg-98, H-81, Dav-3564, KM-311, AU-55 (NGC), realized $10,030
* Lot 8608, Italy, 2 Lire, 1903, KM-33, Almost Uncirculated, realized $12,980
* Lot 8676, Norway, Speciedaler, 1658-FG, Hede-26, KM-A42, Very Fine+, realized $12,980

For a complete list of prices realized for the March 2010 Baltimore Auction, visit the Bowers and Merena website at www.bowersandmerena.com or call the firm toll free of 800.458.4646. Bowers and Merena’s next auction is the Official Auction of the June Whitman Coin & Collectibles Baltimore Expo.

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