Art News

Gold Coin Brings $1,322,500 as Top Lot in $31+ Million Chicago Rare U.S. Coin Event from Heritage Auctions

DALLAS, TX.- A unique 1855-S $3 PR64 Cameo NGC, CAC, Ex: Golden Gate Collection, a supreme rarity in the world of numismatics, brought $1,322,500 – along with applause in the auction room – as the top lot of Heritage Auctions‘ Aug. 11-12 Signature(r) U.S. Coin & Platinum Night Auction at the Marriott-Chicago O’Hare (all prices include 15% Buyer’s Premium). Overall the auction realized more than $31.345 million (not including Post Auction sales), as 5,154 bidders vied for 7,370 lots, translating into an impressive sell-through rate of 91% by total lot value and 95% by total lots. “These are great results with strong showings in every corner of the market,” said Greg Rohan, President of Heritage Auctions. “Collectors are continuing to come to Heritage to pursue the top rarities that we gather for each auction and non-traditional buyers are looking to temper their portfolios against the tumult of world financial markets. The combinat