The Stack’s Bowers Galleries November 2011 Official Baltimore Auction will feature more than 8,000 total lots, including four foreign coin and paper money sessions by Stack’s Bowers and Ponterio, presenting more than 2,800 lots. In addition, there will be four U.S. coin sessions and one U.S. currency session.
Lot viewing will be conducted by appointment at the firm’s Irvine, California, headquarters October 27-November 2, at the firm’s New York office November 8-11, and onsite at the Baltimore Convention Center November 14-18. The auction will be held at the Baltimore Convention Center beginning Tuesday, November 15, concluding Saturday, November 19.
“We are ready to wrap-up 2011 with our final auction of this incredible year, and we have a tremendous selection coming to Baltimore for the official auction,” said Rick Ponterio, executive vice president. “We have an exceptional choice of popular Chinese coinage that is sure to attract worldwide attention, and Mexico is very strong with a large selection of more than 800 lots of Mexican coinage, plus some unique standouts that span the globe. Our paper money assortment offers quite a wide variety, also, with some very distinctive items that will excite collectors when they go on the block.”
Of special note are two Chinese standouts, a 1988 500 Yuan graded NGC Proof-69 Ultra Cameo, the first 500 Yuan produced for the Lunar Series boasting a mintage of only 300 pieces, as well as a 1987 1000 Yuan graded NGC Proof-69 Ultra Cameo from the Panda Series that includes the original case of issue certificate of authenticity.
South Africa offers an interesting piece with a story to tell, an 1892 5 Shillings graded NGC MS-63 and showing the “Single Shaft” wagon, one of two designs by Otto Schultz. With presidential elections closely approaching, South African Republic President Kruger desperately wanted to release new coinage into circulation as soon as possible; however, at this time the Pretoria mint was still under construction. Kruger, not wanting to wait, contracted with the Royal Prussian Mint in Berlin to produce the first series of coinage. However, the German die engravers were unfamiliar with the style of wagon used in South Africa and engraved them in the style of a European wagon. Although the design was well executed, the wagon was depicted with two shafts and two equally sized wheels. This differed from the normal “Single Shaft” wagon or “Voortrekker wagon” used in South Africa which typically was depicted with a much larger wheel in the back. Although this seems like a very subtle difference, it nearly cost Kruger the presidency. Kruger’s political opponents immediately noticed the incorrect depiction of the “Voortrekker wagon” on the national coat of arms and declared this “an insult,” insisting that the engraver Otto Schultz initials “OS” represented the Dutch word for an Ox. Kruger took full ownership for this error and quickly had the appropriate design changes made. The “Single Shaft” specimen on offer in Baltimore is lightly toned with very original surfaces.
World coin highlights of the Stack’s Bowers and Ponterio November 2011 Baltimore Auction include:
World paper money highlights of the Stack’s Bowers and Ponterio November 2011 Baltimore Auction include:
All lot descriptions and images in the November 2011 Baltimore Auction can be viewed online at the Stack’s Bowers Galleries website, www.stacksbowers.com in mid-October. Printed catalogs are available upon request by calling 949.253.0916. Online bidding will open in mid-October for world lots and pre-auction bids will be accepted at www.stacksbowers.com; by e-mail at auction@stacksbowers.com; by phone at 949.253.0916; by fax at 949.253.4091; and by postal mail addressed to Stack’s Bowers and Ponterio, Baltimore November 2011, 18061 Fitch, Irvine, CA, 92614. Interested bidders are also encouraged to view lots onsite in Baltimore in November and bid in-person at the live auction, or live online through the Stack’s Bowers Galleries website. A complete auction and lot viewing schedule is available at www.stacksbowers.com or by calling 949.253.0916.