In the more-people-you-didn't-know-were-coin-collectors department is this release from Stack's Bowers about their upcoming sale of the collection of T. Boone Pickens.
Stack's Bowers Galleries is honored to have been selected to auction the coin collection of the
late T. Boone Pickens, influential businessman and financier. Pickens gained recognition in the 1980s through his
impact on the oil industry and eventually earned the nickname
Oracle of Oil. He went on to apply his expertise in
many other areas of the energy industry, advocating for natural gas, wind power, nuclear power and other alternative
energies. 1n 1997, he founded the hedge fund BP Capital Management (originally BP Energy Fund), which he
chaired for over two decades before he closed the company in 2018. In his later years, he became respected for his
generous philanthropy and even signed on to the Giving Pledge in 2010 at the behest of his friends Bill Gates and
Warren Buffett. Pickens was quoted as saying
I enjoy making money, and I enjoy giving it away.
Pickens was also a passionate collector in many areas and his art collection was sold by Christie's in 2020 for over
$20 million, a portion of which was donated to charity. Pickens' interest in numismatics was borne out of
practicality and began with collecting unusual coins out of his pocket change, including such popular issues as
Buffalo nickels and Morgan and Peace silver dollars. This fascination grew into a purposeful acquisition of Proof
sets and Mint sets for himself and his family. Pickens' mother, Grace, also collected coins which he eventually
T. Boone Pickens passed away in September 2019 at the age of 91 after a long and fulfilled life. By this
point his coin collection filled four bankers' boxes and exhibited an incredible breadth of types and international
currencies. Stack's Bowers Galleries is proud to be able to share his collecting legacy through a special auction of
these important numismatic mementos.
Coins from the Collection of T. Boone Pickens will be presented by Stack's Bowers Galleries in their December
2022 Collectors Choice Online Auction, with live bidding taking place on December 13 and hosted on the firm's
website StacksBowers.com. The Pickens Collection spans a wide range of numismatic categories with a focus on
Liberty Head gold and modern U.S. commemorative issues, as well as international items from Austria, Canada,
Denmark, Great Britain, France, Mexico, the Ottoman Empire, Russia, and several other countries.
Wayne Homren, Editor
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