Art News

Rare South African coins highlight $10.7+ million Heritage NYINC world coins auction

NEW YORK, N.Y.- A unique South African bronze 1928 pattern sovereign, graded Matte Proof 64 by NGC, brought $184,000 as the top lot in Heritage Auctions’ $10.7+ million Jan. 2-3 World & Ancient Coins Signature® Auction at the Waldorf-Astoria Hotel held as part of the New York International Numismatic Convention. All prices include 19.5% Buyer’s Premium. “South African numismatics are quite hot and the prices in this auction show that, led by this beautiful pattern sovereign,” said Cristiano Bierrenbach, Vice President of Heritage Auctions. “This coin appealed broadly to collectors worldwide, for a variety of reasons, and ended up more than doubling its pre-auction estimate of $40,000+.” The $10.7 million total prices realized came from more than 2,580 bidders vying for more than 2,250 lots in the auction, translating into a sell-through rate of 87% by value. While the NYINC World & Ancient C