Gold Ancient Coins Top $3.4 Million In Cng Auction

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Author	Replies: 3 / Views: 1,341
CCFPress Press Manager United States 1420 Posts	Posted 10/18/2016 7:20 pm Numismatic News - Classical Numismatic Group's sale 103 produced a top result. Their September auction hammered $2,826,186 on a pre-sale estimate of $1,992,300, for a clearance rate of 98.30 percent. With 19 percent commission added, the total realized was $3,363,161. Top price of $77,350 was achieved by a unique gold oktadrachm of Antiochos The Great of the Seleukid Empire. The 29 mm, 34.07 gram coin had been struck circa 197-192/0 B.C.E. at "Uncertain Mint 68" in Mesopotamia. It is one of several ad-hoc Seleukid issues believed produced for presentation or donative purposes. This is consistent with the obverse die being one used to strike contemporary tetradrachms. The coin came graded VF. Just a short distance behind in the price stakes came a superb, 16mm, 10.76 g, Kroisos gold stater. This was one of the short-lived, heavy type struck at Sardes mint. Archaic design features point to it being an extremely rare prototype issue. Graded lustrous aEF it had no difficulties in realizing $71,400 on its $50,000 estimate. Read the Entire Article Subscribe to Numismatic News Report this Post to the Staff

echizento Moderator United States 23731 Posts	Posted 10/18/2016 7:56 pm If I only had the money. Report this Post to the Staff
Kamnaskires Pillar of the Community United States 7066 Posts	Posted 10/18/2016 8:17 pm Gold is nice, of course...but just think of all the bronzes FVRIVS RVFVS could have for that amount! For my part, it would likely be Eastern rarities of one sort or another, no matter what the metal. Nice to dream... Report this Post to the Staff
Spence Moderator United States 34440 Posts	Posted 10/18/2016 8:58 pm Quote: If I only had the money. Yeah, somehow I got overbid with at my $186 max. Next time, I'll need to bid an extra $2,826,000. "If you climb a good tree, you get a push." -----Ghanaian proverb "The danger we all now face is distinguishing between what is authentic and what is performed." -----King Adz Report this Post to the Staff
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