Monthly Archives: April 2008
Bullion & Business Weekend Report – April 26
ANA Baltimore Convention Dealers Exempt from Traders License
U.S. Mint Returns 2008 Sacagawea $1 Dollar Coin Products
Bowers and Merena Realize Nearly $6 Million in April 2008 Chicago...
IRVINE, Calif. – Bowers and Merena, America’s leading rare coin and currency auction house, realized an impressive $5.9 million with its 1,000-lot Chicago Rarities Sale. The auction was conducted in a single session on April 15, 2008, with Internet bidding taking place prior to the sale through the Bowers and Merena website, www.bowersandmerena.com.
“We are very pleased with the excellent results achieved by this sale,” stated Bowers and Merena president Steve Deeds. “It is an honor for us to be trusted with the sale of such important numismatic rarities in a dynamic market.
My heartfelt thanks goes out to all of our consignors without whose support we could not maintain Bowers and Merena’s position as America’s preeminent numismatic auctioneer.
And, of course, I cannot forget our loyal bidders—you also have my sincerest thanks for contributing to another successful Bowers and Merena Rarities Sale. May you cherish and enjoy your recent acquisitions for years to come.”
An impressive selection of Buffalo Nickel rarities led the way in prices realized for this sale.
Gold Sees a Drop Below $900 an Ounce as the Dollar...
United States Mint Releases Spring Catalog Featuring Coin Gift Ideas
Poland Releases Bielsko-Biala Collector Coin in ‘Historic Polish Towns’ Series
Queller’s 1804 Dollar Reaches $3,737,500 at Heritage’s $44 Million CSNS Auctions
Dallas, TX. The 1804 Silver Dollar highlighting the amazing collection of silver dollars assembled by David Queller and his family reached $3,737,500 at the Official Auction of the Central States Numismatic Society convention held by Heritage Auction Galleries. Combining the rare coin and currency results, total prices realized currently exceed $42.6 million. After adding proceeds from all Post Auction Buys and Final Session auctions, total prices are expected to exceed $44 million.
More than 6,700 bidders participated in the Signature and Platinum Night events, and another 3,000-plus are anticipated to participate in the Final Sessions. The auctions were held in Rosemont, Illinois on April 16-18; Images, descriptions, and prices realized for all lots can be viewed at the Heritage website, HA.com.
Dr. DeBakey Receives Congressional Gold Medal on April 23, 2008
President Bush honors Dr. Michael E. DeBakey and commemorates his many life accomplishments and contributions to the nation with the Congressional Gold Medal at the United States Capitol Rotunda on April 23, 2008.
The Congressional Gold Medal is the highest civilian award which may be bestowed by the United States Congress. Each Congressional Gold Medal is individually designed to reflect the accomplishments of the recipient. Public law also authorizes the United States Mint to produce and sell bronze reproductions of the medal.