Analysis of the global market, liquidity, supply and demand, gold as a monetary asset. Market news and reports

www.marketintelligence.gold.org

Hello, you either have JavaScript turned off or an old version of Adobe's Flash Player. Get the latest Flash player.

Gold

Rare gold coins fetch high prices at Philadelphia sale > Gold News > World Gold Council, gold market information and intelligence

 

Rare gold coins fetch high prices at Philadelphia sale

The news feeds on this site are independently provided by Adfero Limited © and do not represent the views or opinions of the World Gold Council.

Friday, 25th September 2009 (3395 views)

A number of rare gold coins were snapped up by bidders at the recent Pre-show Auction of the Whitman Coin & Collectibles Philadelphia Expo in Pennsylvania.

One of the highlights was an 1801 Capped Bust Right Eagle, which sold for $32,775 (£20,456) at the sale managed by Bowers and Merena Auctions.

A 1926 Saint-Gaudens Double Eagle also went for $25,300, while an 1891 Liberty Double Eagle attracted a final bid of $24,150.

The two-session auction - which mainly focused on rare colonial and early federal-era coinage - brought total sales of more than $2.5 million overall.

"Philadelphia was a wonderful choice for this Whitman show ... The city is so rich in American history, which lends itself to the real nature of what we do in numismatics," commented Steve Deeds, president of Bowers and Merena.

The company will run an auction featuring gold and other coins from a collection put together by American numismatic expert Dr Alfred Globus in Baltimore, Maryland during November.

 

« Back to Gold News stories

 

Gold News Archive:

 
 

Search

Search our gold investment information.

  • Gold Spot Price
  • Bid: $1108.20
  • Ask: $1109.00
  • Last Update: 05:11 GMT
  • 22 Mar 2010
© 2010 World Gold Council - all rights reserved. Produced and managed by CFP Group.