NGC-graded World Coins Expected to Realize Six-Figure Prices in January Auctions
Posted on 12/21/2017
NGC-certified world coins, led by some astonishing English rarities, including a gold penny from the 13th Century, are well represented in New York auctions to be held in January.
The month begins with Heritage Auctions' NYINC World Coins Signature Auction, Jan. 7-8. The highlights include:
- a 1257 Henry III gold penny, graded NGC MS 63, an example of the first English gold coin, is estimated to sell for $250,000 to $500,000. Online bidding had already reached $300,000 in mid-December. Note: This coin was withdrawn prior to the sale due to a title/ownership dispute. (Read more about the penny here.)
- Two Charles I Gold Triple Unites from the Burford Collection: one from 1642 and graded NGC AU 53, the other from 1643 and graded NGC MS 61. The 1643 example is one of the best surviving specimens from the Civil War issues, and Heritage estimates that it will sell for $200,000 to $250,000. Heritage estimates the 1642 Triple Unite will sell for $150,000 to $200,000.
- A six-piece 1915 gold proof set from the Republic of Cuba (pedigreed to the Eliasberg Collection) that Heritage estimates will sell for $150,000 to $200,000. The grades of the coins are: Peso: NGC PF 66 Cameo; 2 Pesos: NGC PF 65; 4 Pesos: NGC PF 64 Cameo; 5 Pesos: NGC PF 65 Ultra Cameo; 10 Pesos: NGC PF 64 Cameo; and 20 Pesos: NGC PF 65 Cameo.
- An 1837 Victoria Gold Pattern Crown, graded NGC MS 66, is estimated to sell for $225,000 to $275,000. Privately minted, these coins appear in a variety of metals, but only six are believed to have been struck in gold.
- An 1839 Una and the Lion Proof Five Pounds, graded NGC PF 62+ Ultra Cameo, is estimated to sell for $220,000 to $240,000. (Just three months ago, Baldwin’s sold another specimen, graded NGC PF 65 Ultra Cameo, for $460,000, double its pre-auction estimate. Read more here.)
- An Egypt 1920H 20 Piastres, graded NGC MS 64, is estimated to sell for $150,000 to $175,000. This rarity comes from a mintage of two; the other specimen is in a museum. (Read more here.)
|King Henry III Gold Penny, graded NGC MS 63
Click images to enlarge.
A week later, Baldwin’s of St. James’s will hold Auction 14, the New York Premier Sale. The top three coins in this auction (based on pre-auction estimates) are certified by NGC. They include:
|1920H Egypt 20 Piastres, graded NGC MS 64
Click images to enlarge
Another English rarity is found in Ira & Larry Goldberg’s New York Sale (Auction XLIII) on January 10: a 1937 Edward VIII half-silver matte proof threepence, graded NGC PF 61. Edward VIII ruled less than a year, ending with his abdication in December 1936 in order to marry a divorced American socialite. The auctioneers estimate this coin will sell for $55,000.
Finally, the Stack’s Bowers NYINC – Session E – Ancient Coins & World Coins Part 2 sale on January 13, 2018 features two NGC-certified 1741CNB Russian roubles worth watching. Stack’s Bowers estimates the Ivan II specimen, graded NGC AU 55, will sell for $50,000 to $75,000, and estimates the Elizabeth specimen, graded NGC AU 53, will sell for $25,000 to $35,000.