July 2008 Baltimore ANA Signature® and Platinum Night Heritage Auction Passes $40 Million Significant and classic rarities from all series in American numismatics, most of them offered in the Platinum Night catalogs, smashed the previous record of $27.7 million
News-Antique.com - Aug 08,2008 - *Dallas, TX.* Heritage Auction Galleries has set the record for the
most valuable ANA Auction ever! Significant and classic rarities from
all series in American numismatics, most of them offered in the
Platinum Night catalogs, smashed the previous record of $27.7 million
set last year at the Milwaukee ANA event. The auction was held in
Baltimore July 30 - Aug. 3, in conjunction with the World's Fair of
Money summer convention of the American Numismatic Association. Total
prices realized for the American coins are currently $41,022,713, and
will rise further when the post auction buys are finalized.
"This was Heritage's 38^th Official ANA Auction, a record in itself!"
enthused Heritage C.E.O. Steve Ivy. "We were very pleased with our
results in Milwaukee last year, and we think Baltimore has
demonstrated the absolute strength of the market for important and
high quality coins. Such high prices realized also mean a
record-setting check will be provided to the ANA to support their
educational and membership programs. We also take great pride that our
total was 50% higher than our previous ANA record, and double that
accomplished by any other ANA auctioneer. Heritage delivered for the ANA."
"The great rarities included in this auction were simply dazzling,"
commented Heritage President Greg Rohan. "Among the 400 consignors
participating, several of the 'named' collections did especially well.
Before the auction we predicted that many records would be set, and we
were not disappointed! Ed Price's marvelous - and unique - collection
of early dime and quarter eagle varieties realized $5.7 million,
Stephen Stokely's Registry Collection of $20 Saint-Gaudens exceeded $2
million, Part Four of the Phil Kaufman Collection of Early Proof Sets
brought in another $1.4 million, and the DMPL Morgans of the "Gift of
Undeserved Favor" Collection realized a similar total. Of course, the
ANA-donation luncheon with Jim Halperin topped $12,000!"
Two important lots tied for the most valuable in the auction, at
$690,000 each: Lot 1406, a 1792 Disme, Judd-10, High R.6, PR62 Brown
NGC from the Ed Price Collection, and Lot 1955, an 1825/4 $5, AU50 NGC
BD-2, R.8, once thought to be a unique issue.
*_Highlights from Heritage's Baltimore ANA Signature_**_®_**_ and
Platinum Night Auctions:_*