Bowers and Merena and Teletrade Realize Over $15 Million in LA
Bowers and Merena Auctions, America's leading rare coin and currency auction house, conducted its second of two official American Numismatic Association auctions for 2009 over five live sessions last week at the Los Angeles Convention Center as the Official Auctioneer of the ANA World's Fair of Money.
Teletrade Certified Coin & Currency Auctions, sister company to Bowers and Merena, served as the official online auctioneer for the show, conducting auctions on Sunday and Monday, August 9-10. Together they realized a total in excess of $15 million.
"It has been a tremendous opportunity to work with the ANA over this past year, first in Portland and especially now in our own backyard of Los Angeles. The ANA consistently presents a first rate show and it was a privilege to play such an important role in this event as the only official auctioneer," said Steve Deeds, president of Bowers and Merena.
"We are very pleased with the results of the auction. This was our second largest auction in the past five years by both value and number of lots, and under the present economy I think that speaks volumes."
Gold Climbs First Day in Five as Dollar Falls, Silver Declines
Gold Medals Will Honor Apollo 11 Astronauts
In conjunction with the 40th anniversary of the first lunar landing, Apollo 11 astronauts Neil A. Armstrong, Edwin E. 'Buzz' Aldrin, Jr., Michael Collins and Friendship 7 commander John H. Glenn, Jr., will be awarded Congressional Gold Medals honoring their historic achievements.
President Obama on Friday signed into law the New Frontier Congressional Gold Medal Act authorizing the gold medals and national bronze duplicates struck by the United Sates Mint and offered for sale to the public.
"The Apollo 11 mission inspired a generation to pursue careers in science and engineering, and to believe in the power of America," commented Rep. Alan Grayson, who introduced the House version of the act that passed on the 40th anniversary of the moon landing. "In that moment, these astronauts represented America's destiny, a destiny shared by the thousands of men and women who worked to make it happen."
Coin News: Barber Quarter Values, Half Dimes, Proof Gold, Quarter Die...
2009 UK Britannia Four Coin Silver Proof Set
Gold, Silver and Metals: Prices and Commentary – Aug 10
Series 2004A $10 Single Note Collection, Final Installment
US Mint Lincoln Professional Life Cent Exchanges
Coin Chat Radio: Odyssey Treasure, Pawn Stars, Storing and Caring for...
Bullion & Business Weekend Report – Aug. 8
