Costa Mesa, CA (June 16, 2022) – In April 2021, Stack’s Bowers Galleries sold an incredibly rare Tensho-era ca. 1588 Japanese Oban for $1.9 million, more than doubling the pre-sale high estimate. Offered as part of the $19.2 million Pinnacle Collection in the firm’s April Hong Kong Auction, this Oban set a world record for the most valuable Japanese coin ever sold at auction.
This highly regarded and revered type is significant as the first Oban of Japan. Only about six examples are known, most of which are permanently impounded in institutions. It is considered by most numismatists to be virtually uncollectible as so few survivors exist. Without a doubt, it is one of the greatest rarities among all Asian and Japanese coinage.
Taking inspiration from this record-setting treasure, Stack’s Bowers Galleries is now offering commemorative Oban ingots struck in 1 ounce of .999 fine gold in their bi-monthly Precious Metals Auction (PMA) sales. These 1 ounce gold Oban commemoratives offer a faithful homage to the original, exhibiting the same diamond-shaped Kiri stamps, ink signatures, gold plug feature, and rich patina of the $1.9 million Pinnacle specimen. They measure a sizable 50mm x 30mm and will be produced in a limited mintage of just 5,000 pieces.
While supplies last, these gold Oban commemoratives will be featured in the Stack’s Bowers Galleries Precious Metals Auctions hosted twice each month on the firm’s website www.StacksBowers.com. These sales showcase a wide range of bullion and semi-numismatic items in gold, silver, platinum, and palladium with bidding in percentages of the spot price. Opening bids start at as little as 90% of the spot price, while increments as small as 0.10% allow for the most precise bidding in the industry. For questions on these desirable 1 ounce gold Oban commemorative ingots or to register for bidding in the Stack’s Bowers Galleries Precious Metals Auctions, contact the firm by phone at 800-458-4646 or send an email to [email protected].
About Stack’s Bowers Galleries
Stack’s Bowers Galleries conducts live, Internet and specialized auctions of rare U.S. and world coins and currency and ancient coins, as well as direct sales through retail and wholesale channels. The company’s nearly 90-year legacy includes the cataloging and sale of many of the most valuable United States coin and currency collections to ever cross an auction block — The D. Brent Pogue Collection, The John J. Ford, Jr. Collection, The Louis E. Eliasberg, Sr. Collection, The Harry W. Bass, Jr. Collection, The Joel R. Anderson Collection, The Norweb Collection, The Cardinal Collection and The Battle Born Collection — to name just a few. World coin and currency collections include The Pinnacle Collection, The Louis E. Eliasberg, Sr. Collection of World Gold Coins, The Kroisos Collection, The Alicia and Sidney Belzberg Collection, The Wa She Wong Collection, and The Thos. H. Law Collection.
The company is headquartered in Costa Mesa, California, with offices in New York, Philadelphia, Wolfeboro, Hong Kong, and Paris. Stack’s Bowers Galleries hosts an annual Global Showcase in August featuring United States coins and currency, Ancient coins and World coins and currency in its Costa Mesa auction gallery. They are also the Official Auctioneer for several important numismatic events, including the New York International Numismatic Convention, the Whitman Coin & Collectibles Spring, Summer and Winter Expos, the Spring and Fall Hong Kong shows, and the Valkenburg Paper Money Shows.