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Brazilian gold coin fetches thousands at auction > Gold News > World Gold Council, gold market information and intelligence

 

Brazilian gold coin fetches thousands at auction

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Friday, 2nd May 2008 (2236 views)

A gold coin from Brazil has fetched the highest price at a 2,400-lot auction of currency from around the world, according to reports.

The coin, which dates from 1832, sold for $40,000 (£20,117) Numismatic News stated.

It added that total proceeds from the auction, held at the Chicago International Coin Fair (CICF), were over $1.39 million.

Other items in the sale included a 1915 Revolution Guerrero Suriana two pesos coin from Mexico that sold for $17,000 and a 1741 eight esucdos piece that fetched $15,500.

Lots from Belgium, Holland, Germany and Russia also went on the auction block, the site notes, as well as a 1658 Oliver Cromwell crown from Great Britain.

The sale, which was held on April 25th and 26th, was organised in conjunction with the CICF by auction house Ponterio and Associates, a company that specialises in handling the sale of ancient and international coins and paper money.

 

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