Gold tops June coin auction in Germany

A 10 ducats gold piece was a top performer June 21-23 in a set of three auctions conducted by Fritz Rudolf Künker in Osnabrück, Germany.

Realizing $244,200 was a 10 ducats gold coin of William V of Hesse-Kassel. The catalog said it is probably the only Willow striking in private hands.

The piece, struck in 1634, brought 220,000 euros, or $244,200 when converted an an exchange rate of $1.11 per euro.

The three sales contained 3,000 lots and realized a collective 9.2 million euros, or $10.212 million.

Following close behind in the results column was a Russian gold medal of 1838 by P. Utkin commemorating the groundbreaking of the Cathedral of Christ the Savior in Moscow. The FDC piece achieved a hammer price of 200,000 euros, or $222,000.

Another Russian gold medal brought 175,000 euros ($194,250) for Alexander I, 1801-1825, the 48-ducat piece is from 1814 and designed by Czarina Maria Feodorovna. It is almost FDC, according to the cataloger.

All results are at www.kuenker.de. The fall-auctions will take place Sept. 26-30, 2016.

This article was originally printed in World Coin News.
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• The Standard Catalog of World Coins, 1601-1700 is your guide to images, prices and information on coins from so long ago.
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