Morgan Dollars and Gold Sovereigns Anchor Bonhams’ Rare Coins Auctions in May

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Bonhams is pleased to announce two significant collections to be offered during our May 27, 2012 Rare Coins and Medals Auctions in Los Angeles.

The auction house is privileged to be offer nearly 600 gold sovereigns of Great Britain and other commonwealth countries such as Australia, South Africa and Canada from the Estate of television and business pioneer, Maria Helen Smith.

The coins are primarily of Edward VII and George V, and are notable for their overall superb state of preservation, as they have been in private hands for decades. Estimates range from $400 to over $1,000 per coin, and will be of notable interest to collectors of British and British Commonwealth coinage.

Paul Song, Director of the Rare Coins and Banknotes Department at Bonhams, states, "Bonhams is delighted to have been entrusted with these two disparate collections that have both been off the market between 30-50 years. They will be eagerly sought after by buyers in the United States, United Kingdom and abroad."

In the fall of 2009, Bonhams was pleased to offer property from the Estate of Maria Helen Smith during the auctions of Classic California: Important Motorcycles, Motorcars and Related Memorabilia and Sunset Estate as well as a single-owner sale of furniture and decorative arts. The Los Angeles-based sales brought more than $3 million dollars to become several of the company’s most successful auctions to date.

Morgan and Peace Dollar Also Featured in Bonhams’ Rare Coins and Medals Auctions

From an Estate of a Northern California Private Collector, Bonhams will also be offering a collection of several hundred Morgan and Peace Dollars, the majority of which were collected for their pristine, mirror-like surfaces.

Called "early strike" or "DMPL Dollars" by many, the coins are notable for their similarity to brilliant proof coins of the same years. These coins, from 1878 through 1921, will range in value from $100-$3,000, with many of them featuring original tags or labels of purchase from the 1970’s.

The illustrated auction catalog for the sale will be available online for review and purchase in the weeks preceding the sale at www.bonhams.com/us. For more information about the department, please visit www.bonhams.com/uscoins.

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