Stack’s Bowers and Ponterio, the venerable auction house and market trend-setter in Asia, just posted the impressive results from their recently concluded Rarities Night, which presented 253 lots comprising some of the most important and elusive coins within the realm of Chinese numismatics. Prices achieved by the firm in this much-anticipated sale – the starting point for more than a week of Chinese and mostly Asian-related coinage and paper money – indicate that the market is still rather robust and attracts intense attention, as a staggering 28 lots realized prices surpassing the six-figure mark.
Leading the way was the fabled “Reversed Dragon” Silver Dollar Pattern from 1911, graded PCGS SPECIMEN-65, that sold for $1,380,000. Other impressive totals included a trio of Shantung Gold Patterns from 1926. The two 20 Dollars examples realized $504,000 and $336,000, while the 10 Dollars brought $432,000. A Yuan Shih-kai “Tall Hat” Silver Dollar Pattern realized $240,000, as did the Japanese and English versions of the fabled Sun Yat-sen Silver Dollar Patterns from 1929. Other iconic Dollar types, such as the Kweichow “Bamboo,” Szechuan-Shensi Soviet “Hammer & Sickle,” and Kweichow “Auto” crossed the block, with the first two each selling for $204,000 and the last bringing $168,000.
By the end of this special session, the total prices realized eclipsed $11.5 million, undoubtedly serving as a prelude for the firm’s numerous sessions to follow. Once again, this eminently successful kick-off session proved that Stack’s Bowers and Ponterio is the firm that achieves record prices and unrivaled results within the world coin industry.
Stack’s Bowers is now looking ahead to upcoming 2023 Showcase Auctions, including the August 2023 Global Showcase Auction (as an official Auctioneer Partner of the ANA World’s Fair of Money) and the October 2023 Hong Kong Auction. Consignments are also sought for the firm’s ongoing series of Collectors Choice Online events. For more information or to consign your coins to a future sale, email Consign@StacksBowers.com or call (800) 458-4646.
About Stack’s Bowers Galleries
Stack’s Bowers Galleries conducts live, Internet and specialized auctions of rare U.S. and world coins and currency and ancient coins, as well as direct sales through retail and wholesale channels. The company’s nearly 90-year legacy includes the cataloging and sale of many of the most valuable United States coin and currency collections to ever cross an auction block — The D. Brent Pogue Collection, The John J. Ford, Jr. Collection, The Louis E. Eliasberg, Sr. Collection, The Harry W. Bass, Jr. Collection, The Joel R. Anderson Collection, The Norweb Collection, The Cardinal Collection, The Sydney F. Martin Collection and The Battle Born Collection — to name just a few. World coin and currency collections include The Pinnacle Collection, The Louis E. Eliasberg, Sr. Collection of World Gold Coins, The Kroisos Collection, The Alicia and Sidney Belzberg Collection, The Salton Collection, The Wa She Wong Collection, and The Thos. H. Law Collection.
The company is headquartered in Costa Mesa, California, with galleries in New York, Boston and Philadelphia. Offices are also located in New Hampshire, Oklahoma, South Carolina, Virginia, Hong Kong, Paris and Vancouver. Stack’s Bowers Galleries hosts an annual Global Showcase in August featuring United States coins and currency, Ancient coins and World coins and currency in its Costa Mesa auction gallery. They are also the Official Auctioneer for several important numismatic events, including the New York International Numismatic Convention, the Whitman Coin & Collectibles Spring, Summer and Winter Expos, the Spring and Fall Hong Kong shows, and the Maastricht Paper Money Shows.
