August 3, 2012
Irvine, California – Stack's Bowers and Ponterio is set to conduct the August 2012 Hong Kong sale from August 19 through August 22 at the Mira Hong Kong in Kowloon. Following the successful sale in April that realized over USD$10.5 million, this sale is poised to rise to equally impressive heights. More than 2,300 lots of Chinese and Asian coins and banknotes will be presented over four days, in addition to an internet-only session containing nearly 600 lots that will close on August 23.
Rarities abound in this sale and feature many seldom offered patterns from China, Korea and Thailand, all of which appear in excellent states of preservation. Notable highlights include an extremely rare 1932 Gold Standard Pattern Dollar struck in copper graded PCGS SP63 RB that is accompanied by its original paper envelope from the central mint, and an extraordinarily rare Long Whisker Pattern Dollar struck in silver graded SP63+ by PCGS.
In addition to standard coinage, the Hong Kong sale features a large and highly diverse section of Sycee from throughout China, which includes several museum quality 50 Tael ingots as well as rare varieties of ingots native to Yunnan Province. The modern coin and paper money sessions are chock full of low mintage rarities and finest known pieces including an extremely rare matte finish 1988 Pattern 5 Yuan from the Winter Olympics Series in PCGS Proof 69.
"The Chinese market has certainly matured over the last three years, but the enthusiasm remains very strong," said Stack's Bowers and Ponterio executive vice president Rick Ponterio. "We are seeing buyers becoming more discerning than in the past which only raises the interest and competition for the true rarities. Every session of this auction contains great pieces, and I am excited to see how high they will climb when the bidding really gets going."
Additional highlights of the Stack's Bowers and Ponterio August 2012 Sale include:
About Stack's Bowers and Ponterio
Stack's Bowers and Ponterio is the world and ancients auction division of Stack's Bowers Galleries, a division of Fortune 500 Company Spectrum Group International. It was founded in 1982 as Ponterio & Associates by Richard Ponterio, renowned specialist in world and ancient numismatics, who is now executive vice president of Stack's Bowers Galleries. Past auctions have included such notable coin collections as the Wa She Wong Collection, the John S. Davenport Collection, the Witte Museum Collection, the Amat Collection, the Joe Lasser Collection, and the James Hunnicut Collection. Distinguished paper money collections include the East Bay Collection of International Bank Notes, and the Eduard Kann Chinese Bank Note Collection, along with treasure collections from the shipwrecks "Nicobar," "Rooswijk," and "Capitana."