Costa Mesa, CA – 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 Asia — eclipsed their highest total for any previous Hong Kong auction, realizing nearly $19.2 million for the 162 lots in The Pinnacle Collection. Fierce competition for the incredible offerings in this cabinet resulted in five lots crossing the $1 million mark. 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. 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 fantastic PCGS SP64 "Mukden Tiger" Pattern Dollar that sold for $2.28 million, the highest amount ever garnered for a Chinese coin and obliterating the previous record. Records were also set among Japanese coins as the incredibly rare first PCGS MS60 Oban from the Tensho Era brought $1.92 million, now the most expensive Japanese coin. A record for modern Japanese coins was established as the important PCGS-graded 1870 Pattern Set — unique outside of a museum — fetched $1.56 million. Another seven-figure lot was one of the finest-seen PCGS SP64 Long-Whisker Dragon Dollar Patterns, which realized $1.02 million.
Other stunning prices included a PCGS SP55 Silver Tael Pattern from Year 29 of Kwang-hsu (1903) and a PCGS MS64PL 20 Yen from Year 10 of the Meiji Emperor (1877), each of which brought $840,000, and a beautifully toned PCGS MS65+ Silver Dollar Pattern from 1907 that sold for $504,000. A PCGS MS61 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.
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 [email protected]
About Stack's Bowers Galleries
Stack's Bowers Galleries conducts live, internet, and specialized auctions of rare U.S. and world coins, banknotes, 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 — The D. Brent Pogue Collection, The John J. Ford, Jr. Collection, The Louis E. Eliasberg, Sr. Collection, The Harry W. Bass, Jr. Collection, The Joel R. Anderson Collection, The Norweb Collection, The Cardinal Collection and The Battle Born Collection — to name just a few. World coin and banknote collections include The Louis E. Eliasberg, Sr. Collection of World Gold Coins, The Kroisos Collection, The Alicia and Sidney Belzberg Collection, The Wa She Wong Collection, The Guia Collection, The Thos. H. Law Collection, and The Robert O. Ebert Collection.
Topping off this amazing numismatic history is the inclusion of the world record for the highest price ever realized at auction for a rare coin, the PCGS SP66 1794 Flowing Hair Dollar that realized over $10 million, part of their sale of the famed Cardinal Collection. The company is headquartered in Santa Ana, California, with offices in New York, Wolfeboro, Hong Kong, and Paris. Stack's Bowers Galleries is an Official Auctioneer for several important numismatic conventions, including American Numismatic Association events, the New York International Numismatic Convention, the Whitman Coin & Collectibles Spring, Summer and Winter Expos, and its April and August Hong Kong Auctions.