StacksBowers Galleries is pleased to announce the results of their January 2018International Auction. An excellent array of coins was anchored by theexceptional Eldorado Collection ofColombian and Ecuadorian Coins. In total, the Stacks Bowers GalleriesNYINC auction realized nearly $10 million (all prices reported include thestandard buyers premium).
One of the finestcollections of Colombian coins ever assembled saw the light of day for thefirst time in decades at this years New York International NumismaticConvention, bringing bidders from all over the world to compete for its prizes.Assembled from the 1960s into the 21st century by a well-known specialist, theEldorado Collection comprised coins from Gran Colombia, including those struckin the name of Ecuador, with depth and breadth never before offered at auction.This first Eldorado offering focused on gold coins, as well as silver coinsfrom the 17th through early 19th centuries. Other coins from the EldoradoCollection will be offered in future Stacks Bowers Galleries auctions.
TheStacks Bowers Galleries January 11, 2018, sale of the Eldorado Collection ofColombian Paper Money commenced the firms five official NYINC auction sessionswith intense bidding that lasted several hours and saw countless banknoterarities rocket to astounding levels, many at multiples of their pre-saleestimates. Those attending represented a whos who of Colombian numismaticsthat recognized the extraordinary opportunity to obtain items that in manycases were confirmed as existing or were being auctioned publicly for the firsttime. Numerous individual sale results indicate that many of these notes wereunique or considered so by the enthusiastic bidding gallery. When all 703 lotswere sold (including 98 Internet-only lots sold January 15, 2018), the saletotaled $1,113,766 (all results include the buyers premium) and enjoyed 100%sell-through.