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Bowers and Merena Auctions was founded in 1983 and has grown to become the world’s preeminent numismatic auctioneer with more than half a billion dollars in rare coin and currency sales. Bowers and Merena has handled four of the five most valuable United States coin collections ever sold, including the Louis E. Eliasberg Sr. Collection, the Harry W. Bass Jr. Collection, the Garrett Collection for The Johns Hopkins University, and the Norweb Collection.

Desirable, Appealing Ancients and World Coins & Paper Money in Official ANA Auction

A wide selection of rare ancient and world coins will be offered in Bowers and Merena’s Official Auction of the American Numismatic Association World’s Fair of Money® at the Los Angeles Convention Center and online, August 2 – 8, 2009. Ponterio & Associates, Inc., a division of Bowers and Merena, will present the world sessions on Saturday, August 8.

One of the many highlights among the over 1,300 lots of desirable and appealing world coins is a Japanese undated (1860 – 1862) Manen oban (10 Ryo, 112.26 gms) with security edge (Fr. 7; JNDA-09-11; C24a2) in Extremely Fine condition.

“This is a beautiful specimen,” said Richard Ponterio, executive vice president of Bowers and Merena. “This Manen oban is the only type that was produced using machinery. Prior to this type obans were hand made. The use of obans halted shortly after the time of Commandore Perry forcing Japan to open its trade with the west in the mid 1800s.” (www.BowersandMerena.com).

Two other marquee coins in the ANA auction are a rare Year 3 (1911) “Long Whisker Dragon” Tientsin Mint China Pattern Dollar (L&M-28; Kann-223; KM-Pn-304), graded NGC AU-58, and a Macedonia Mende silver Tetradrachm (16.88 gms) ca. 425 B.C.

“This was struck from the same dies as described in the Noe-ANS Monogram #27 of 1926, “The Mende (Kaliandra) Hoard #70. It has a well struck reverse and nice metal quality with full border on the obverse. It depicts Dionysos ‘Bacchus’ the god of wine and grapes holding a cup of wine while reclining on a donkey,” explained Ponterio. (more…)

1870 $100 National Gold Note Highlights Currency in Official ANA Auction

More than 500 U.S. and world bank notes will be offered in the Official Auction of the American Numismatic Association World’s Fair of Money® conducted by Bowers and Merena Auctions at the Los Angeles Convention Center and online, August 2 – 8, 2009.

One of the many highlights is an 1870 $100 Gold National Bank Note, San Francisco Charter #1741, The First National Gold Bank (Fr. 1162), graded PMG Fine 12 Net (restorations).

“This classic rarity is one of only eight notes of this type in private hands, and one of three of this Friedberg number. Those others are in strong hands and not likely to become available in the foreseeable future. In fact, only three examples have been offered for public sale in the last decade and the latest example, nearly identical to this one, sold for $258,700 in 2007,” said Steve Deeds, President of Bowers and Merena (www.BowersandMerena.com).

“With collectors holding tightly to the others, we’re not sure when there will be another opportunity to acquire such a rare and elusive note.”

Three other 1870 National Gold Bank Charter #1741 notes are also being offered, $5 (Fr. 1136) PMG VF 30, $10 (Fr. 1142) PCGS Apparent VF 30, and $20 (Fr. 1172) PMG Very Good 10 Net. (more…)

Bowers and Merena’s Auction in Baltimore Includes Legendary 1876-CC Twenty-Cent Piece with Five-Generation History

Bowers and Merena Auctions, America’s leading rare coin and currency auction house, will bring nearly 2,500 lots of fine coins and currency to Baltimore, Md., for the Official Auction of the Baltimore Coin and Currency Convention scheduled for June 10-13, 2009. The auction will take place at the Baltimore Convention Center and begins with lot viewing Wednesday, June 10, through Friday, June 12, followed by the three-session auction on Thursday, June 11, at 6 p.m. EDT, and Friday, June 12, at 2 p.m. and again at 6 p.m. EDT.

The standout highlight of the auction is lot 757, an 1876-CC Twenty-Cent Piece in PCGS AU-58 with a fascinating history. Believed to be one of perhaps just 12 to 20 examples known, this specimen was acquired in Virginia City, Nev., by Gold Rush “Forty-Niner” John Seagraves Pick and has been kept in the Pick/Jurgensen family for the last 133 years. As a PCGS AU-58, this important piece is the only circulated 1876-CC Twenty-Cent piece known to PCGS and NGC. It was also previously certified AU-58 by ANACS from a submission that dates to the early 1990s.

The Pick/Jurgensen Specimen appears to have been acquired in circulation by John Seagraves Pick in 1876 and has been passed through five generations of his family, first to his son, John William Pick, who was born in Virginia City in 1872. He then passed it to his daughter, Virginia Pick Jurgensen, who was born in 1904 and survived the San Francisco earthquake when she was just two years old; she kept the coin for 47 years until her death in 1993, when it passed to her son Wilfred Pick Jurgensen. Upon Wilfred’s passing at age 74, the coin passed to his widow, Jean Lorraine Jurgensen, and son, Steven Frederick Jurgensen.

“This is a very special coin and it is an honor to offer it at auction to the numismatic world for the first time ever,” said Steve Deeds, president of Bowers and Merena. “Aside from the awesome rarity of the issue and the exceptional condition of this circulated example, its five-generation history tells a story that is rich with Americana and will be well appreciated by collectors and enthusiasts. The opportunity to acquire an example of the 1876-CC Twenty-Cent piece is infrequent, and the added story behind this particular specimen makes it even more extraordinary and sought after.” (more…)

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