NGC-certified Coins Realize High Prices in Berlin

Posted on 2/12/2015

Considered a resounding success, the Künker Auction's total prices realized reached an impressive €8.6 million ($9.7 million).

Several coins certified by Numismatic Guaranty Corporation (NGC) achieved outstanding prices in the January 29, 2015, auction by Künker held just prior to the start of the 10th World Money Fair in Berlin, Germany.

The NGC highlights were led by a Central American Republic 1824NG Gold 8 Escudos graded NGC MS 62 that sold for €72,000 ($81,252). It is one of only five examples of this rare issue to have been graded by NGC.

Left: Central America 1824NG Gold 8 Escudos
Right: Poland 1827 FH Gold 50 Zloytch
Click images to enlarge.

This result was closely followed by the price paid for the Poland 1827 FH Gold 50 Zloytch in NGC MS 61. The finer of only two examples graded by NGC, it realized €60,000 ($67,710).

An extraordinary NGC MS 63 example of an Ecuador MVA Quito – Large Bust Gold Escudos brought €43,000 ($48,525), while the Bohemia 1637 Prague Gold 10 Ducats graded NGC AU 50 nearly tripled its presale estimate when it sold for €28,000 ($31,598).

Also worthy of mention was the €18,000 ($20,313) paid for an NGC AU 58 BN Netherlands 1818 Cent.

Mr. Ulrich Künker, Managing Director of Künker commented on the sale saying "We are very proud to have achieved this fantastic results for the NGC graded coins in our Berlin sale."

“Expert authentication and grading by NGC continues to gain traction in Europe and we were very excited to see these great NGC-certified coins in the most recent Künker sale,” says Steven R. Eichenbaum, CEO of NGC. “Collectors and dealers see the benefits from NGC’s accurate, consistent and impartial grading backed by the comprehensive NGC guarantee of grade and authenticity.”

The Certified Collectibles Group, parent company of NGC, has opened submission offices in Munich, Germany and Zurich, Switzerland to make it easier for collectors and dealers to submit to NGC as well as its independent affiliates Numismatic Conservation Services (NCS) and Paper Money Guaranty (PMG). To learn more about the Certified Collectibles Group’s European services, email or call +49 89 255 47 545.

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