In a testament to its unparalleled reputation and unwavering performance, Stack’s Bowers & Ponterio recently concluded another triumphant auction in Hong Kong. The October 2023 event, featuring an impressive array of coins, medals, and paper money, achieved remarkable success, with total sales surpassing $21 million.
This milestone marks the sixth consecutive occasion that Stack’s Bowers & Ponterio has exceeded $20 million in total sales, reaffirming its dominance in the Asian numismatic market.
Shining Stars of the Auction
The auction showcased a variety of exceptional rarities, with Chinese Patterns leading the pack on Rarities Night. Among the standout pieces was an exceedingly rare and pedigreed “Dragon & Phoenix” Gold Dollar Pattern, which set a new record for the type with a winning bid of $600,000.
Following closely were a Shantung Gold 10 Dollars Pattern and a “Reversed Dragon” Pattern Dollar, fetching $444,000 and $432,000 respectively. Additionally, notable highlights included a Hong Kong 1941-H 5 Cents and a Choice Mint State Korean 5 Yang, each realizing $55,200.
Currency Highlights
The paper money segment of the auction saw consistently strong prices, with a total realization of $3.29 million. Notable sales included a consecutive run of (4) People’s Bank of China 1953 10 Yuan notes, which sold for $432,000. Other standout banknotes included a Hong Kong 1935 Mercantile Bank $50 Color Trial and a rare uniface duo of Straits Settlements Archival Production Proof 10 Dollars.
World Coin Highlights
The auction featured an array of world coins, with several pieces commanding significant attention and high prices. Highlights included rare Chinese coins such as Duo of Dollars (2 Pieces) from 1908 & 1911, a “Bamboo” Dollar from 1949, and a Silver Dollar Pattern from 1929. These coins, along with others like the Gold K’uping Tael Pattern and the Copper-Zinc 20 Cash Pattern, attracted enthusiastic bidding and achieved impressive results.
World Paper Money Highlights
Noteworthy paper money sales included a Peoples Bank of China 100 Yüan note from 1949, a 500 Yuan note from 1951, and a 2 Kuan note from the Yuan Dynasty. Each of these items garnered significant interest from collectors and achieved strong prices at the auction.
Continuing Success
As Stack’s Bowers & Ponterio continues to curate exceptional auctions, collectors and enthusiasts eagerly anticipate future events. With each sale, the auction house reaffirms its commitment to excellence and its position as a leader in the global numismatic market.
FAQs
What was the total sales figure for Stack’s Bowers & Ponterio’s October 2023 Hong Kong auction?
Total sales exceeded $21 million, marking the sixth consecutive event to surpass $20 million.
What were some standout highlights from the auction?
Standout highlights included rare Chinese coins and banknotes, such as the “Dragon & Phoenix” Gold Dollar Pattern and the People’s Bank of China 1953 10 Yuan notes.
What contributed to the auction’s success?
The auction’s success can be attributed to the exceptional quality and rarity of the items offered, as well as the strong demand from collectors in the Asian market.
Are there any upcoming auctions from Stack’s Bowers & Ponterio?
Stack’s Bowers & Ponterio continues to organize exciting auctions, with future events eagerly anticipated by collectors and enthusiasts worldwide.
What sets Stack’s Bowers & Ponterio apart in the numismatic industry?
Stack’s Bowers & Ponterio is renowned for its commitment to excellence, unparalleled selection of rare coins and banknotes, and its ability to consistently achieve outstanding results at auction.
