Frenzied bidding drove prices for Ancient, World and British coins in Classical Numismatic Group’s Feature Auction 124, held live online Sept. 19-20, to double the $2.2 million presale estimate, reaching a total of $4.4 million for the 1151-lot offering. Top results included $110,250 for lot 1044, a spectacular gold pound of Queen Elizabeth I, graded MS 63 by NGC.
A follow-up internet auction, CNG Electronic Auction 547, also doubled its presale estimate to add just under another $1 million to CNG’s two-week total.
The overall results point to a surging market for top-quality ancient Greek, Roman, Byzantine, World and English coins, said David Michaels, CNG’s director of consignments and shows. “This was one of the most active auction cycles we’ve ever held,” he noted. “Almost every coin had multiple bidders…