SBG Sale of Pinnacle Collection Tops $19 Million

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In the first coin session of their April 2021 Hong Kong auction, Stack’s Bowers and Ponterio — the leader in Chinese, Japanese, and related numismatics from the Far East — eclipsed their highest total for any previous Hong Kong auction, realizing nearly $19.2 million for the 162 lots in The Pinnacle Collection.

RUSSIA. Silver Ruble Pattern, 1825-CNB. St. Petersburg Mint. Constantine. NGC PROOF-62
RUSSIA. Silver Ruble Pattern, 1825-CNB. St. Petersburg Mint. Constantine. NGC PROOF-62. This rarity realized $2.64 million.

Fierce competition for the incredible offerings in this cabinet resulted in five lots crossing the $1 million mark, two of which brought more than $2 million.

Combined with the outstanding results of additional live and internet auction sessions, the April 2021 Hong Kong auction becomes the firm’s highest value sale of non-United States numismatic items, likely to surpass $35 million by its conclusion on April 11. The unprecedented results from this auction affirm Stack’s Bowers and Ponterio’s expertise at maximizing results for consignors in the current numismatic market.

Among the standouts was the 1825 Pattern Ruble of Constantine, which realized $2.64 million — a personal best for the firm, representing the highest amount achieved by any American auction house for a non-US coin. This was followed closely by the fantastic "Mukden Tiger" Pattern Dollar that sold for $2.28 million, the highest amount ever garnered for a Chinese coin, obliterating the previous record.

"Mukden Tiger" Pattern Dollar
“Mukden Tiger” Pattern Dollar. This rarity realized $2.28 million.

Records were also set among Japanese coins as the incredibly rare first Oban from the Tensho Era brought $1.92 million, now the most expensive Japanese coin.

JAPAN. Hishi Oban (10 Ryo), ND Tensho Era (ca. 1588). PCGS MS-60 Gold Shield
JAPAN. Hishi Oban (10 Ryo), ND Tensho Era (ca. 1588). PCGS MS-60 Gold Shield. This rarity sold for $1.92 million.

A record for modern Japanese coins was established as the important 1870 Pattern Set — unique outside of a museum — fetched $1.56 million. Closing out the five $1 million lots was one of the finest seen Long-Whisker Dragon Dollar Patterns, which realized $1.02 million.

Pattern set from year 3 of the Meiji era (1870)
Pattern set from year 3 of the Meiji era (1870). This rarity realized $1.56 million.

Other stunning prices included a Silver Tael Pattern from Year 29 of Kwang-hsu (1903) and a 20 Yen from Year 10 of the Meiji Emperor (1877), each of which brought $840,000, and a beautifully toned Silver Dollar Pattern from 1907 that sold for $504,000. A Filipino 8 Escudos countermarked over a Mexican Iturbide issue brought $180,000, becoming the most valuable Filipino coin and nearly tripling the previous highest price for a Filipino issue.

JAPAN. 20 Yen, Year 10 (1877)
JAPAN. 20 Yen, Year 10 (1877). This rarity brought $840,000.

Complete prices realized for the Stack’s Bowers and Ponterio sale of The Pinnacle Collection (and further sessions of the April 2021 Hong Kong Auction as they become available), are available on the firm’s website at StacksBowers.com. For information about consigning to an upcoming auction call 800-458-4646 or email consign@stacksbowers.com.

About Stack’s Bowers Galleries

Stack’s Bowers Galleries conducts live, Internet and specialized auctions of rare U.S. and world coins and currency and ancient coins, as well as direct sales through retail and wholesale channels. The company’s 85-year legacy includes the cataloging and sale of many of the most valuable United States coin and currency collections to ever cross an auction block.

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Kaiser Wilhelm

The Silver Long Whisker Dragon Dollar Pattern (not depicted above but shown below) that was just auctioned off for over one million dollars is absolutely a particularly beautiful coin.

Silver Long Whisker Dragon Dollar Pattern.jpg
Last edited 5 months ago by Kaiser Wilhelm
Big T

I agree nice looking coin but I am shocked by the values. It seems numismatic coins are rapidly increasing in value and interest over late. It is a cyclical hobby – and a good time to be a collector. Grab a nice MS60-something 1921 Peace dollar now before they get out of reach – the release of 100 year anniversary commemorative coins will be HOT, and the demand for 21 Morgan (which are easier to get) and 21 peace (which are difficult in high grades) will likely spike this year … in fact it’s already starting. I was fortunate recently… Read more »

Kaiser Wilhelm

Upon scanning an assortment of coin sites on the web for quite some time to see what is out there to pick up in the way of silver dollars, I inevitably became aware of the simply inescapable reality that I appear to have pretty much missed the boat regarding even the Mint State lower 60’s 1921 Peace Dollars, which is to say, the sky high prices for both Morgan and Peace varieties are already in place everywhere. But the thing is, Big T, I do have a sneaky suspicion that the real motivating factor behind this rather sharp and unusually… Read more »

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Last edited 5 months ago by Kaiser Wilhelm