Wednesday 25 January,
A STRONG SALE WITH 100% SOLD RATE, SEES GOOD VICTORIAN COINS IN HIGH DEMAND
Tennants’ auction of Coins, Tokens & Banknotes on 26th
January saw a strong total hammer price of £88,500 for a 288 lot sale, with a 100% sold rate.
Of particular note, making high above their estimates, were good Victorian coins. Buyers eagerly fought over lots in good condition, and coins with rare dates. A very rare 1854 Victorian Shilling in extremely fine condition sold for £1500 against a £500-700 estimate; few coins were made in this year, making it extremely attractive to buyers. Again, a scarce date on an 1842 Victorian ‘Shieldback’ Sovereign in very good condition led to a final price of £1300 against a £300-400 estimate.
Also selling strongly were good multi-coin lots comprising low denominations; everyday coins with a low intrinsic value tend to be scarce, having not been saved, and are rare to find in good condition. An outstanding collection of forty Victorian Young Head Shillings in excellent condition topped the sale with an impressive hammer price of £3000 against an estimate of £600-800. Earlier in the sale, an inclusive date run of Victorian ‘Bun’ Pennies from 1860-1894, all in very good condition, sold for £1300 against an estimate of £200-300.
Coins continue to sell consistently well at auction, and the rise in gold prices has led to particularly buoyant sales with a 95-100% sold rate at Tennants in recent years.
We are currently accepting lots for the next sale of Coins, Banknotes & Tokens on 12th
April, please contact us on 01969 623780 or email@example.com
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