The Stack's Bowers Galleries November 2020 Showcase Auction was highlighted by several historic collections that were brought to market for the first time in decades. Hosted at the Balboa Bay Resort in Newport Beach, California, the sale witnessed remarkably strong bidder participation through the firm's award winning website and mobile apps, an active phone bidding bank and socially-distanced floor bidding in the auction room. With over $19.9 million in overall prices realized for U.S. coins and paper money, the results confirm Stack's Bowers Galleries' status as a top resource for quality collectibles within these segments.
Demonstrating the continuing success of their Collectors Choice Online (CCO) auctions, Stack's Bowers Galleries is excited to announce that their October 2020 online offering of ancient and world coins, medals and paper money brought just over $1.22 million. The sale of 2,543 lots surpassed the presale estimate and featured an impressive sell through rate of 93.2%. This marks the first time that the firm has exceeded the $1 million threshold for their online-only auction program, and demonstrates the intense following the auction house has established for its wide-ranging numismatic material. Record highs are being set for both consignment and participation in these online auctions, and an increase in the number of these sales is likely to follow to meet the demand. (All prices include the buyer's premium.)
Stack's Bowers Galleries is thrilled to announce the opening of their new flagship gallery at 470 Park Avenue in Midtown Manhattan. Located just down the block from their historic West 57th Street storefront, this new gallery at 470 Park Avenue will serve as the East Coast's premier numismatic destination for a new generation of collectors.
Venerable auction firm Stack's Bowers and Ponterio continues to deliver world class sales of quality numismatic material and realize impressive prices, despite the challenging and unprecedented circumstances of the year 2020. The firm's incredible Hong Kong series of auctions clearly demonstrates the firm's success, as their colossal 10th anniversary auction in May 2020 shot past expectations and shattered records, despite a two-month postponement due to the global pandemic.
Stack's Bowers Galleries is excited to announce their upcoming Collectors Choice Online (CCO) auction of World and Ancient Coins, along with a great offering of World Paper Money. Building on their record-setting CCO auction of earlier this year, October's sale features 2,548 quality lots, 25% more than the previous offering. The sale will comprise three sessions and carry a high-end estimate totaling just short of $1.18 million. Despite the disruptions to normal life that have resulted from COVID-19, the coin market remains quite robust, with Stack's Bowers Galleries experiencing a surge in consignments as well as overall prices realized. The firm's Collectors Choice Online auctions offer reduced turnaround time for consignors as well as an easy and efficient experience for buyers seeking desirable and exciting material in a time when there is a dearth of coin shows and in-person auctions.
Stacks Bowers Galleries is thrilled to present the spectacular collection built by Utah businessman Larry H. Miller across two sales to be held in November and December 2020. Larry H. Miller was an entrepreneur and philanthropist most famous as the owner of the National Basketball Associations Utah Jazz from 1985 up to his death in 2009. He also founded the Megaplex chain of movie theaters and owned over 60 car dealerships throughout the Western United States, among many other successful ventures.
Venerable coin firm Stack's Bowers & Ponterio is pleased to announce their fall Hong Kong auction comprising seven sessions over five days, split between live and online portions. This sale stands as the firm's largest Hong Kong offering to date with respect to total lots, with over 4,600 lots of coins, medals, and currency, mostly focusing upon the East Asian region. This also represents the company's first Hong Kong sale since their highly successful 10th anniversary auction this past May.
Following a dozen auction sessions spanning nearly two weeks, the results for the Stack's Bowers Galleries August 2020 auction illustrate the robust nature of the coin market and affirm that numismatics stands firm even during times of uncertainty. Over 92% of the ancient coin and world coin and paper money lots found new homes, realizing in excess of $5.3 million, contributing to overall prices realized of $21,739,851 for the sale across all categories. Numerous well-cultivated cabinets such as the Glacier Rams Solidi, the Duke of Lansing, the Habsburg, and the Jasmine collections led the way, with all performing very well and offering countless highlights. (All prices realized include the 20% buyers' fee.)
Over $13.94 million in United States coins and Numismatic Americana was sold in the Stacks Bowers Galleries August 2020 Las Vegas Auction, contributing to overall prices realized of $21,739,851 for the sale across all categories. The auction was held August 5-7 at the Bellagio Hotel and Casino alongside the PCGS Members Only Show, with additional Internet Only sessions hosted on the Stacks Bowers Galleries website August 10-12. With the vast majority of bidders participating through the Stacks Bowers Galleries website or mobile apps, the success of this sale demonstrated the firms ability to remotely connect bidders with desirable collectibles amid challenging and rapidly evolving circumstances. (All prices realized include the 20% buyers premium).
Historic numismatic literature and rare Spanish Colonial gold coinage from the D. Brent Pogue Collection realized over $592,000 last week in the Stack's Bowers Galleries August 2020 Las Vegas Auction. This offering represents a departure from the United States coins and paper money from the Pogue Collection sold by Stack's Bowers Galleries from May 2015 through March 2020, and showcases the collector's eye for quality across a range of categories. Total prices realized for the D. Brent Pogue Collection now exceed $131,980,000, reaffirming its status as the most valuable numismatic collection ever sold.
