CNG FEATURE AUCTION 120 RESULTS

A gold Zodiac mohur of the Mughal Indian ruler Jahangir reached $180,000, and three exceptional collections of English coins drew frenzied bidding, driving prices realized in Classical Numismatic Group's Feature Auction 120 to more than $4.8 million, more than double the presale estimate.

The auction, held as a live streaming event on www.cngcoins.com on May 11-12, comprised more than 1,300 lots of ancient Greek, Central Asian, Roman, Byzantine, World and British coins, many of which attained several multiples of estimate. The market remains vibrant, said Michael Gasvoda, Managing Director. The results from CNG 120, coming in at 200 percent of estimate, keeps us excited for the future of collecting.

Of particular note was the strong performance of several specialized collections related to Britain, including the Paul Dimarzio Collection of Roman coins from the London mint, the New Horizons Collection of English hammered coinage, the Causeway Collection of Norman pennies, and the Eton Collection of Tudor and Stewart-era hammered crowns. The thing that stands out for me is not just how CNG gets great results with nice quality coins, but how we truly stand out with specialized collections like no one else, Gasvoda said. DiMarzio, New Horizons, Causeway and Eton all performed exceedingly well. It's what we do best.

Among outstanding results for Ancient coins from Feature Auction 120 were:

 

Lot 16, a beautiful silver Nomos of Tarentum, attained $26,400

 

Lot 134, a spectacular silver Tristater of the early Macedonian king Alexander I, reached $84,000:

 

Lot 162, another Macedonian coin, this one a silver tetradrachm in the name of Philip II and struck under Kassander (317-305 BC), achieved $19,200

 

Lot 415, an extremely rare gold Stater struck by the Seleukid kings Seleukos I and Antiochos I, was bid up to $84,000

 

Lot 917, a hoard of 1,485 Roman silver and billon coins found in English Bicknor, Gloucestershire, was bid to $24,000

 

Lot 956, a remarkable Roman silver medallion of Constantine I the Great, sold for $31,200

 

Lot 1051, an extremely rare Zodiac gold Mohur of the Mughal Emperor Jahangir, depicting the sign of Sagittarius the Archer, achieved $180,000, the top price for any coin in the auction

 

Lot 1266, another $20,400 for an impressive silver Crown of Charles I struck 1643 at Oxford, from the Eton Collection

All prices quoted include the 20% buyer's premium.

Another 1,143 coins, many from some of the same outstanding collections, can be found in CNG's Electronic Auction 516, closing on Wednesday, May 18; also CNG's Islamic Auction I, featuring 224 historic coins from the world of Islam, closes on Wednesday, May 25.

Consignments are being sought for the next Feature Auction 121, to be held 6-7 October in Lancaster, PA, and for Triton XXVI, scheduled for January 2023 in conjunction with the New York International Numismatic Convention.

CNG can be contacted via email at cng@cngcoins.com, and via phone at (717) 390-9194.

To read the earlier E-Sylum article, see:
CNG FEATURE AUCTION 120 HIGHLIGHTS (https://www.coinbooks.org/v25/esylum_v25n19a22.html)

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