Coins

The first, the finest, the rarest – and with an unbeatable provenance. It is not often that an auctioneer can boast this dream recipe for a lot, but Spink offer this heady mix of ingredients when they open their two-part sale of the Slaney collection on Thursday (May 15).

It is not now often that a collection which has not been available for study for a large number of years comes to the market. Dix Noonan Webb announce that they have recently been consigned an extensive collection of coins and medals formed by the late Alan Beeton.  

The twice-a-year Baldwin, Ma, Gillio, Monetarium sale of Far Eastern coins this time took place in Singapore on March 6. There has been a sea-change in the type of goods offered. Hitherto Chinese coins of all periods have been on sale. The Chinese have a penchant for dollar-sized silver coins. Indeed there are many varieties which were struck for major cities in that vast country. What has changed is that in this sale there was an emphasis on these later coins.

Russian coins seem to fall into a category all their own. Like papal coins and medals they have a worldwide appeal. Perhaps this is because since 1917 there has been a diaspora of Russians.

HOW can coins being sold on the rostrum in New York be sitting safely locked up in London and elsewhere at the same time? That is the conundrum facing the coins and medals world following the publication of a catalogue and results from a sale organised in New York by Riccardo Paolucci, a Yorkshire-based Italian dealer.

Attentive readers of the Antiques Trade Gazette will remember the sale of the Lawrence R. Stack collection of English medieval coins at Sotheby’s in April 1999. He also had a good collection of French coins from the time of Henri IV (1589-1610) to about Waterloo. These were dispersed by Hess-Divo (15% buyer’s premium) in Zurich on October 24 in 380 lots.

GERMANY: The sales of the firm of Kricheldorf (15% buyer’s premium) of Freiburg are relatively rare occasions but when they do hold them there are a large number of lots. There were two sales in July at Berlin. That on July 29-30 was a general affair (4205 lots).

There is to be a major sale of Irish coins and medals in Dublin next year, on Friday, February 21, at the time of the Dublin International Coin Fair. This is being jointly hosted by James Adam of Dublin and Bonhams under their alias Glendining’s.

The Zurich firm Numismatica Ars Classica (NAC) are opening an office in London. Negotiations for a Crown lease on prestigious premises in Waterloo Place (SW1) are well under way although they have suffered a slight setback which I understand will be resolved in the very near future. An autumn opening is planned.

USA: Next week in an extraordinary single-lot auction – and the first joint sale between Sotheby’s.com and eBay, this 1933 Double Eagle $20 gold coin is to be offered for sale by Sotheby’s and New York coin auctioneer Stack’s on behalf of the US government.

March 18 saw a specialist 575-lot Spanish sale at Numismatica Ars Classica. The coins dated from Visigothic times (mid-7th century) to the 19th century. In the absence of more detailed literature, this catalogue will be useful for collectors and dealers alike.

The Euros have arrived. Yes, we all know that – last New Year’s Day. No, euros for collectors have arrived in London.

The March 13 sale held by Dix Noonan Webb (17.625 per cent buyer’s premium) was one of the best general sales for quite some years. There is a general shortage of interesting material and the clientele is clearly well aware of this. The room was packed, there was hardly a seat for latecomers and prices were accordingly buoyant. This is very good news for the trade as a whole.

PARIS: The whole history of French coins from Gaulish times to the present was covered by the Jean Vinchon (10.764% buyer’s premium) sale in Paris on November 6. Because it was a single collection rather than the random assemblage that chance had brought across the counter there were many choice examples on offer.

USA: The annual general sale of good quality classical coins (446 lots) hosted by the triumvirate of Baldwins (London), Markov (New York) and M&M (Washington DC) took place in the Big Apple on January 17.

It is not usually understood that the prophet Mohammed did not actually ban images. This came about some 60 years after his death. In very late AH77 (696AD) the then caliph instituted an epigraphic gold coinage: the dinar (cf. Latin: denarius).

AUCTIONEERS Sotheby’s (20/15/10% buyer’s premium) combined with New York dealers Stacks to auction the Dallas Bank collection of United States coins on October 29-30.

Of greater general interest was Baldwin’s sale of Ancient and Modern coins that occupied October 9. There were 1403 lots looking for a new owner. This included the 322 lots devoted to the working library of the late Patrick Finn.

The annual Hong-Kong coin sale presided over by Baldwin-Ma-Gillio-Monetarium is always a big draw. This one, number 33, including the semi-annual sales at Singapore, is scheduled for August 30.

FRIDAY 13th proved a long day at Glendining’s (15 per cent buyer’s premium) with 735 lots – not that this was unlucky. It was, as usual, a general sale but there is plenty of general interest to write about.