Amid volatility in conventional investments, the popularity of hard assets like gold and silver bullion has never been greater. As a result, financial services firm Goldman Sachs has recently announced targets of $2,300 per ounce for gold and up to $33 per ounce for silver. At the same time, increased demand has drained the inventories of precious metals dealers around the world, leaving collectors and investors unable to reliably grow their portfolios.
Stacks Bowers Galleries will present at public auction the finest known 1822 half eagle, the D. Brent Pogue Collection coin. It is a legendary American treasure, the only example in private hands of what is acknowledged as the key to a collection of American gold coins. This exceptional coin will be featured in the firms March 23-26, 2021 auction in Las Vegas, Nevada.
Stack's Bowers Galleries' March 2021 Auction has been relocated and will now be held in Las Vegas, March 23-26 at the Bellagio Hotel and Casino, in coordination with the PCGS Substitute Members Only Show. Lot viewing will take place in California, New York and at the convention venue with dates to be announced. Specific session details will also be forthcoming as the sale date approaches.
Continuing a series of exceptionally impressive sales, venerable auction house Stacks Bowers Galleries is pleased to announce the results of their most recent January auction, an officially sanctioned auction of the 2021 New York International Numismatic Convention. Containing 3,690 lots spread across ancient coins and world coins, tokens, medals, and currency, this sale realized a total of over $8.43 million well surpassing the median pre-sale estimate of $7.24 million and featured a total sell-through rate of 94%.
Stacks Bowers Galleries auctioned 9 of the top 10 highest priced banknotes to cross the block in 2020, extending a trend of record-setting prices achieved in recent years. The firms history of presenting legendary collections includes their sale of the most valuable collection of paper money ever assembled, the Joel R. Anderson Collection which concluded in 2019. This legacy of success in the field was continued in March 2020 with Stacks Bowers Galleries offering of currency from the D. Brent Pogue Collection, which brought many great results and prices realized totaling more than $9.2 million.
Eight of the top 10 highest auction prices realized for U.S. coins in 2020 were achieved by Stack's Bowers Galleries, emphasizing their role as a leading resource for world-class numismatic rarities. Among these eight exceptional results are six coins that surpassed $1 million, including two distinct examples of the famous 1804 Draped Bust dollar.
The Stacks Bowers Galleries December Showcase Auction marked a magnificent conclusion to the firms 2020 auction season. The firm has now auctioned 8 of the top 10 highest priced United States coins sold in 2020, including three lots that exceeded $1 million in December. Hosted at the Balboa Bay Resort in Newport Beach, California, the sale witnessed remarkably strong bidder participation through the firms award winning website and mobile apps, an active phone bidding bank and socially-distanced floor bidding in the auction room. With over $17.8 million in overall prices realized, the results confirm Stacks Bowers Galleries status as a top resource in the United States numismatic market.
Stack's Bowers Galleries ("SBG") is pleased to announce that Kevin Vinton, respected expert, dealer and auctioneer in United States colonial coinage and early federal copper will be joining the firm. Beginning in January 2021, Vinton will bring over a decade of full-time experience in the numismatic business to Stack's Bowers Galleries, with his base to be their New York City gallery. He will focus his efforts on assisting collectors as they build and/or sell their holdings, along with writing, cataloging, and assisting with marketing.
Stack's Bowers Galleries is pleased to announce their next sale of World and Ancient coins, and World medals, and paper money. Set to cross the auction block over seven sessions (four live and three Internet only) on January 15, 16, 18, and 19, this monumental offering features nearly 3,700 lots with a combined high-end estimate of over $8.6 million. Despite there being no traditional NYINC bourse, the sale promises to be an important event and continue the excellence in this area for which the firm is well known. Stack's Bowers Galleries' user-friendly online bidding interface allows for seamless participation in this event either via their website or mobile apps.
Stacks Bowers Galleries is happy to announce the opening of their new headquarters in beautiful Orange County, California. Located at 1550 Scenic Avenue, Suite 150 in the city of Costa Mesa, the new Stacks Bowers Galleries facility will serve as the production hub for their global numismatic operations, coordinating their network of offices throughout the United States, Europe and Asia.
