News & Insights

Going for Gold: Record Coin Sale

14th February 2020.

Tennants Auctioneers recorded their highest ever sale total for a Coin Sale on 12th February, having achieved a total hammer price of £168,680 for 179 lots. A near-perfect sale, a rarity in the auction world, only one lot went unsold.

The sale had a strong emphasis on UK gold coins, and keen bidders both in the room and online fought hard to take their chosen lots home. A significant proportion of the lots in the sale exceeded their upper estimates, and the rest sold for close to their upper estimates. Tennants’ Coin Consultant said of the sale “This was a small but select sale, full of collector’s pieces and a number of high-quality rarities that drew in an engaged and eager audience of buyers”.

The top lot of the sale was a 1937 Gold Four Coin Specimen Set in superb condition, in the original case, which must have delighted the vendor when it exceeded the £4,500-5,500 estimate to sell for a punchy £8,700 (plus buyer’s premium). The top lot in the medal section was a scarce Albert Schweitzer (1875-1965) ‘Lamberene’ three medal proof 22ct gold set, which sold for £5,500.

Other results of note included a 1989 500th Anniversary Gold Proof Sovereign in the box of issue with Certificate of Authenticity, which sold above estimate at £950, and a George V Proof Five Pounds from 1911 (S3994) in about flawless condition, which sold for £7,500.

There were also a number of interesting Shield Back Sovereigns in the sale, and an 1838 key date Sovereign saw the hammer fall at £1,700, well above the £500-800 estimate. A George III 1823 Sovereign doubled its top estimate selling for £3,100 and an 1859 Ansell Sovereign made a healthy £1,800.

View Sale Results

There will be a Gold and Silver Valuation Day on 11th March.

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