SARC Auction 45 Reaches $2.94 Million
Strong bidding was seen at Stephen Album Rare Coins’ Auction 45, which was held Jan. 26-29, 2023, at their new offices in Santa Rosa, Calif. The total price realized was…
Strong bidding was seen at Stephen Album Rare Coins’ Auction 45, which was held Jan. 26-29, 2023, at their new offices in Santa Rosa, Calif. The total price realized was $2,946,510 (including buyer’s fees) on a low/high estimate range of $1.5-$1.95 million. The sell through rate was 94.7 percent. Sales were buoyed by the Joe Sedillot Collection of World Coins (Part IV), the K. K. Lee Collection of Chinese Coins, the Dr. Dirk Löer Collection of Chinese Coins, and the David Cashin Collection of Northeast Indian Coins.
A few highlights from the auction follow (prices include buyer’s fees):
Company founder Steve Album commented “Quality material is bringing high prices in all areas. We are finally seeing a strong resurgence of the Islamic market, to go along with the rest of the world market.”
The firm is now taking consignments for its Auction 46 that is scheduled to be held on May 18-21, 2023. For more information see www.stevealbum.com