Stacks Bowers Galleries is thrilled to present the incredible 1879 Quintuple Stella from the Garrett Collection in their Official Auction of the Whitman Coins & Collectibles Baltimore Expo this March.
The 1879 Quintuple Stella is among the most legendary issues of United States numismatics, recognized for both its beauty and incredible rarity. It is the larger sibling to the more prolific Four-Dollar Stellas struck in 1879 and 1880, and shares with them a similar obverse legend outlining their proposed compositions in metric units. These issues were products of a global push to establish an international currency and stabilize the price of silver, which had been falling since the California Gold Rush, which began in the late 1840s. Though the Mint issued several significant patterns in the 1870s and 1880s, none were ultimately approved for circulation and the idea of an international currency was abandoned by the United States.
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.
With great pleasure, Stacks Bowers Galleries bringsto market The Joel R. Anderson Collection of United States paper money, thelargest, finest, and most complete collection of Large Size United States papermoney types in existence today. It is rivaled only by great collections ofgenerations ago that have long since been dispersed, including those of AlbertGrinnell and Amon Carter, Jr. It represents many years of connoisseurship andpatience by Mr. Anderson, who focused his energy on acquiring the finest andthe rarest examples.
StacksBowers and Ponterio is pleased to announce that Frederick Yow has joined thestaff as Consignment Director based in Singapore and will be serving clients inSingapore, Malaysia, Brunei, and Indonesia as well as greater Asia. StacksBowers and Ponterio is the leading rare coin and banknote auction firm in Asia,with landmark auction events held in Hong Kong several times a year. Frederickwill focus on gathering consignments, cataloging and representing StacksBowers and Ponterio in Southeast Asia.
StacksBowers Galleries official auction at the January New York InternationalNumismatic Convention will mark an exciting inauguration of the firms 2018auction season, attracting collectors from around the globe to bid on raritiesincluding ancient and world coins and paper money. Among the most impressivehighlights is a glorious Venetian 40 Zecchini from the reign of Paolo Renier(1779-1789), the penultimate Doge of Venice.
TheEldorado Collection of Colombian Coins and Paper Money, to be offered in twoauction catalogs, is the finest ever cataloged and represents an importantevent in Latin American numismatics. The Eldorado Collection is so sweeping inscope, that these catalogs are only the initial offerings, featuring many ofthe rarest and highest grade selections from this epic cabinet. Stacks BowersGalleries is pleased to be showcasing the first installment of this collectionas part of their official auction January 11-13, 2018, during the New YorkInternational Convention at the Grand Hyatt Hotel in New York City.
