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World Coin Auction Posts World Class
Results!
Dallas, Texas:
Heritage Auction Galleries most recent offering of World and Ancient
Coins, held January 7 & 8, 2007 in New York City, in conjunction with the
New York International Numismatic Convention, realized $5,084,532 for 3,112
lots offered, although after auction sales are still ongoing and are expected
to push the final total even higher. |
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This
was an exceptionally strong auction, said Warren Tucker, Director of
World Coin Auctions for Heritage, with some outstanding collections
serving as anchors. One of the most intriguing was the Treasures of the Sea
Collection, featuring a large group of coins recovered from the treasure ships
Atocha and Santa Margarita, lost off the Florida Straits during a hurricane on
September 5, 1622. A fortune in gold, silver, precious gems and rare artifacts
lay undisturbed at the bottom of the sea until 1973, when Mel Fishers
Treasure Salvors began the process of bringing these treasures to light. Over
2,700 4 and 8 Reales silver coins from the Tierra Firma treasure fleet were
presented in this offering, inspiring some of the most active bidding Ive
ever seen on an auction floor. In fact, most of the lots offered realized final
prices far in excess of our pre-auction estimates. When all was said and done,
this spectacular collection realized nearly $750,000.
The
numismatic hobby has been enjoying a period of great strength for several
years, Tucker said, which shows no sign of diminishing anytime
soon. World coins in particular have shown a great deal of growth recently,
marked by ever-increasing prices realized in our auctions.
Were already looking ahead to our next auction, said
Tucker, to be held May 31-June 1, 2007 in Long Beach, California. Our
consignment deadline is April 10, so Id encourage anyone interested in
being a part of this exciting event to contact me as soon as possible.
Highlights of the auction included:
Images,
descriptions, and prices realized from all of Heritages previous auctions
are available in the Permanent Auction Archives at the Heritage website,
http://www.HA.com.
To reserve your copy of a catalog for any upcoming
Heritage auction, please contact Nicole Jewell, c/o Heritage Auction Galleries,
3500 Maple Avenue, 17th Floor, Dallas, TX 75219, or call 1-800-872-6467, ext.
272. |
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Media Contact:
Cathy
Hadd, 1-800-872-6467 Ext. 216; Cathy@HA.com
Warren Tucker, 1-800-872-6467 Ext. 287;
WTucker@HA.com
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| Publication Date: 01/10/2007 |
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