The E-Sylum:  Volume 8, Number 17, April 24, 2005, Article 5

ELIASBERG CATALOG KUDOS

Dave Bowers writes: "Upon returning home from the Eliasberg
Collection of Gold Coins of the World sale in New York City I
read my e-mail. I appreciate the congratulations on the catalogue
so kindly posted in your last issue by a fine gentleman, but the
most I personally can do is accept these nice words on behalf
of the American Numismatic Rarities staff. While I wrote certain
introductory material and added a few things here and there, the
cataloging and research was mainly through the talents of,
alphabetically, John Kraljevich, John Pack, and Frank Van Valen
of the ANR staff, plus consultants (credited in the catalogue).
Photography was by Douglas Plasencia. Everyone at ANR
played one part or another, a grand event for all of us.

The sale drew participants from 37 different countries! The
room was non-stop action for all four sessions, with the final
realization far exceeding pre-sale estimates, and crossing the
$10,000,000 mark. I haven#39;t checked with Dr. Richard Bagg
(our staff guru on calculating things about the market), but,
certainly, this has to rank very high among the most valuable
offerings of world coins ever held within the boundaries of
the United States of America."

On April 20th, Newsday published an article about the sale.
"Rare gold coins that had sat undisturbed for nearly a half-
century in a Baltimore bank vault fetched more than $10
million in an international auction."

"The highest price paid for a single coin was $379,500, for
a five-ounce gold coin made in Venice around 1770 showing
Jesus and St. Mark. The amount was a record for a non-
ancient Italian coin, the auctioneers said.

The earliest known round coin from Colombia, pressed in
1755 and depicting King Ferdinand VI of Spain, sold for
$103,500. The oldest coin in the collection, a gold piece
hammered by hand in Sicily in 413 B.C., sold for $5,060."

To read the full story, see: Full Story

  Wayne Homren, Editor

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