Stack's Bowers Galleries Sells More Than $10.1 Million in Baltimore
Posted on 7/12/2011
[IRVINE, CA] – Stack’s Bowers Galleries conducted its official Baltimore auction from March 29-April 2, an impressive sale that yielded a strong $10,186,912. The sale contained important pieces from notable collections like the J. David Bonn, Sr., Family Trust Collection, the Reference Collection of Q. David Bowers, the Jarapendo Collection, the Rajj Collection, and many other important properties. As the only official auctioneer of the Whitman Coin and Collectibles Baltimore Expo, the sale witnessed heavy participation on all fronts.
The Jarapendo Collection, a collection that has been off the market for decades, was built around a core of rare and beautifully toned pattern coins. The coins performed extraordinarily well as the bidding was spirited and competitive; lot 9036, the ex-Farouk, and possibly unique, 1869 pattern eagle in nickel opened at $16,500 and climbed to $48,875 before it closed. Similarly, the exceedingly rare and vividly toned 1871 Judd-1151 pattern dollar in copper offered as lot 9065 opened at $25,000 and was bid up to an astounding $115,000, eliciting an outburst of applause in the auction room.
“I am delighted with the results of our June sale,” commented Chris Napolitano, President of Stack’s Bowers Galleries. “The combination of the dynamic Whitman Coin and Collectibles Expo, the depth and breadth of the coins and paper money in our sale, and the strength of the market all came together to produce results that exceeded our expectations. It is an Internet world today, and in addition to bidders at the Expo itself, collectors, dealers and investors worldwide turned out in force to create a win-win situation for all involved.”
Director of Currency Matt Quinn noted, “The June sale was well received by the paper money industry as we had a 95 percent sell through for banknotes. A few key lots enjoyed spirited bidding with the most notable being Lot 3091, an uncut sheet of Continental Currency. The sheet hammered for $22,500 against an estimate of $12,000 to $16,000.”
US coin and currency highlights of the Stack’s Bowers Galleries June 2011 Baltimore Auction include:
- Lot 2224, 1797 Draped Bust Half Dime, V-2, LM-1, Rarity-3, 15 Stars, MS 65 (NGC) $46,000
- Lot 3437, Fr. 1217, 1922 $500 Gold Certificate, Very Fine 25 (PMG) $21,850
- Lot 3643, National Bank Note, Mariner Harbor, New York, $10 1902 PB, Fr.625, The Mariner Harbor NB, Very Fine 20 (PMG) $9,200
- Lot 4668, 1895 Morgan Silver Dollar, PF 68 Ultra Cameo (NGC) $109,250
- Lot 9036, 1869 Pattern Liberty Eagle, Judd-783, Pollock-868, Unique (?), PF 62 (NGC), ex Farouk $48,875
- Lot 9145, 1851 Augustus Humbert $50 Gold, Lettered Edge, K-2, Rarity-5, 50 D C, 880 THOUS, No 50 on Reverse, AU 55 (NGC) $63,250
- Lot 9829, MCMVII (1907) Saint-Gaudens Double Eagle, High Relief, Flat Rim, MS 65 (NGC), OH $48,875
- Lot 9871, 1912 Double Eagle, PF 67 (NGC) $82,800
For a complete list of prices realized in the Stack’s Bowers Galleries June 2011 Baltimore Auction, visit www.stacksbowers.com or call at 800.458.4646. The next Stack’s Bowers Galleries auctions are the Official ANA World’s Fair of Money and ANA/PNG Pre-Show auctions in Chicago in August and The Hong Kong Auction in August. We are currently accepting consignments for the Philadelphia Americana Sale in September and the Official Auction of the November 2011 Whitman Coin and Collectibles Expo.
About Stack’s Bowers Galleries
Stack's Bowers Galleries, a division of Fortune 500 Company Spectrum Group International, Inc., was launched in January 2011, combining the extraordinary histories of Stack's, the oldest rare coin auction and retail company in America, with Bowers and Merena Auctions, one of the world’s pre-eminent auctioneers of rare coins and paper money. The two companies unite to share a combined legacy that spans more than 100 years, and includes the cataloging and sale of many of the most valuable collections to ever cross an auction block – the John. J. Ford, Jr., and Louis E. Eliasberg collections, the Harry W. Bass, Jr., Collection, and the Norweb Collection, to name just a few. Topping off this amazing numismatic history is the inclusion of the world record for the highest price ever realized at auction for a rare coin, the legendary 1933 St. Gaudens Double Eagle which realized an astounding $7.59 million (sold in partnership with Sotheby’s). The company is headquartered in Irvine, California, with offices in New York, New Hampshire and Hong Kong. Stack’s Bowers Galleries is the Official Auctioneer for several important numismatic conventions, including the ANA World’s Fair of Money pre-show and convention auctions, and the Whitman Coin and Collectibles Expos in Baltimore, three times yearly, and Philadelphia.
For more information about Stack’s Bowers Galleries June 2011 Baltimore Auction, call 800.458.4646 or visit www.stacksbowers.com.
The thoughts and opinions in the piece are those of their author and are not necessarily the thoughts of the Certified Collectibles Group.