NGC-certified Cherrywood Collection Realizes $1.3 Million
Posted on 5/2/2019
A collection of 26 rare vintage Chinese coins certified by Numismatic Guaranty Corporation® (NGC®) realized $1,361,660 in April 2019 when they were sold by GreatCollections.
Dubbed the Cherrywood Collection for the small cherrywood box that held the coins for decades, the collection included bronze and silver patterns dating from the time when China’s Imperial Era was ending and its Republic was beginning. The coins have not been seen in the marketplace in over a century.
|Year 3 (1911) Large-Tailed Dragon Silver Dollar Pattern, L&M 33, graded NGC PF 65. Realized: $511,875. Click to enlarge|
The top lot was a Year 3 (1911) Large-Tailed Dragon Silver Dollar Pattern, L&M 33, graded NGC PF 65, which realized $511,875. This was the first example of this variety to appear in any major auction in over 10 years and it is the finest certified by a full two grading points.
Meanwhile, a Year 3 (1911) Long-Whiskered Dragon Silver Dollar Pattern, L&M 29, graded NGC SP 64, realized $199,687. This ranks among the finest of only a handful of known examples.
|Year 3 (1911) Long-Whiskered Dragon Silver Dollar Pattern, L&M 29, graded NGC SP 64. Realized: $199,687.
Click images to enlarge.
All 26 coins in the Cherrywood Collection were certified by NGC. They were stored in manila envelopes within the cherrywood box, giving them an attractive, original toning.
“Some of the coins in the Cherrywood Collection are seldom seen in the marketplace,” said Ian Russell, owner/president of GreatCollections. “We offered all of them for sale without any reserve because we were confident that NGC certification would ensure they reached their maximum potential. We were thrilled with the results.”
“NGC is honored to have been selected to certify the Cherrywood Collection,” says Steven R. Eichenbaum, CEO of NGC. “The impressive results reaffirm the trust that bidders have in NGC’s expertise, integrity and guarantee.”
Other top coins from the collection include:
- A 1911 China 50 Cents L&M-39, graded NGC MS 63, that realized $96,750
- A 1910 China Silver Dollar L&M-24, NGC MS 64, that realized $79,950
- A 1910 China 50 Cents L&M-25, graded NGC MS 64+, that realized $51,816
- A 1907 China Silver Dollar L&M-20, graded NGC MS 63, that realized $51,759
- A 1911 China Silver Dollar L&M-37 No Period - Extra Flame, graded NGC MS 63, that realized $50,691
- A 1907 China 50 Cents, L&M-21, graded NGC MS 64+, that realized $38,030
To learn more about GreatCollections, visit greatcollections.com