News-Antique.com - Oct 09,2007 - Dallas, TX. The Official Auctions of the September 2007 Long Beach Coin Expo were held by Heritage Auction Galleries, and included Signature Auctions of ancient and world coins ($3,210,026, U.S. coins ($11,311,996), U.S. currency ($10,486,434), and U.S. tokens and medals ($598,946). When proceeds from Final Session Auctions of ancient and world coins, U.S. coins, and U.S. currency are concluded, plus Post Auction Buys from all events are added, total prices realized are expected to approach $27 million. This was Heritage's 61st Official Auction at Long Beach. All lot descriptions, images, and prices realized for the eleven thousand-plus lots that sold in Long Beach are currently posted at HA.com.
"Our Long Beach auctions of ancient and world coins demonstrated strength across the market," noted World Coin Director Warren Tucker. "Based on results in our recent auctions, we anticipated strong prices for the rarer Russian material, but even then we underestimated the growing demand for these rarities. Another area that emerged even stronger than enthusiastic estimates were the modern Chinese rarities, which attracted demand appropriate with their size!"
September 2007 Long Beach Ancient & World Coins Highlights:
Lot 52182: Russia, Nicholas I. 1-1/2 Rouble 1836, obverse signed, reverse unsigned, Bust of Nicholas I right/Bust of Empress Alexandra in the center, facing right, surrounded by busts of the Royal children with no circles, Bit-888, Uzd-4207, MS64 NGC.
This is the finest piece certified by NGC and undoubtedly one of the nicer examples extant.
Lot 52287: Russia, Nicholas I Mining Institute gold medal ND (1834); the obverse was engraved by H. Gube and the reverse by P. Utkin, 234.2 gm, as Diakov 512.1
This absolutely incredible example of Russian medallic art was issued by the Institute of Mines and given for Diligence and Good Behavior.
Lot 50743: China, People's Republic kilo gold 3,000 Yuan 2000, unlisted in KM; Gem Proof in the original wooden case with certificate.
Number 8 of the 68 minted, on the certificate and stamped on the edge of the coin.
Lot 51108: German States, Furstenberg-Stuhlingen. Josef Wenzel Broad 4 Taler 1767-ARW, KM19, Davenport LS276, Dollinger 31.
Struck as part of the Mining Taler series featuring St. Wenceslas standing in front of the Wenceslas Mine. The 3 Taler of this type is occasionally available, but we have not recorded another example of this denomination.
Lot 50744: China, People's Republic kilo gold 10,000 Yuan 2001, KM1138, Gem Proof in the original case with certificate.
Krause has this piece listed as a 10 ounce gold coin with a mintage of 68 pieces.
Lot 51514: Hong Kong, Victoria, Reeded Edge Proof Dollar 1866, KM10, Prid-1A, Proof 63 NGC.
Sharply struck with bluish-gray and golden toning.
Lot 52059: Poland, Republic, Papal Visit 4-piece gold Set 1987: 1000, 2000, 5000, and 10000 Zlotych 1987, KM138, 169, 170, and 171, all Gem Proof in a custom wooden case with certificate.