As Peter Preston-Morley, Head of Coin Department at Dix Noonan Webb, commented: "The sale was a phenomenal success and brought a hammer price that was over £500,000 more than we were expecting. 27 online bidders competed with a full room of buyers, with virtually everything being bought by people based in the UK, including all the top-priced coins. It remains a great testament to a dedicated student collector, who trawled auction catalogues and dealer’s lists from all over the world over almost 60 years in his quest for these magisterial coins.”
The highest price of the sale was a First issue Sovereign, that was issued between 1559 and 1560. Depicting the Queen seated on an ornamented throne holding an orb and sceptre on one side and the Royal arms in the centre of a Tudor rose on the other, this coin is one of only eight known to exist, and sold for £173,600 against an estimate of £60,000-80,000 [lot 1]. From the Second issue was another depicting the Queen in a similar pose, which was one of 18 known to exist and also sold for £173,600, following an estimate of £40,000-50,000 [lot 6] and a later Second issue coin dating from 1592 to 1593 and one of nine known to exist sold for £136,400 against an estimate of £30,000-40,000 [lot 33].
Another Second issue example from 1585 to 1587 realised £117,800 against an estimate of £30,000-40,000 [lot 7] and from the same dates, another Sovereign sold for £111,600 [lot 14].
***PLEASE NOTE THAT PRICES INCLUDE 24% BUYERS PREMIUM ***
SALES AT DNW
TUESDAY, NOVEMBER 23 – JEWELLERY, WATCHES & OBJECTS OF VERTU
THURSDAY, NOVEMBER 25 – BRITISH, IRISH AND WORLD BANKNOTES
WEDNESDAY & THURSDAY, DECEMBER 1 & 2 – COINS, TOKENS & HISTORICAL MEDALS
WEDNESDAY, DECEMBER 8 - ORDERS, DECORATIONS, MEDALS AND MILITARIA
WEDNESDAY, JANUARY 26 - ORDERS, DECORATIONS, MEDALS AND MILITARIA
Free online bidding is available is www.dnw.co.uk
For more information, please call 020 7016 1700
DNW are on Social Media
NOTES TO EDITORS:
Dix Noonan Webb – a brief history
In 1991, its first year of trading, the company held three medal auctions and sold 1,200 lots for a total hammer price of £553,000, however 30 years later, DNW is established as the premier medal auctioneer worldwide. Two years later, in 1993, it opened a coin department which also auctions commemorative medals and tokens. In 2015 DNW added jewellery to its sales calendar as well as setting up a stand alone banknotes department and expanding into premises next door. In 2020 DNW achieved a total hammer price of £14,256,060 and the total number of lots sold across all departments was 24,400. To date the company has sold in excess of 350,000 lots totalling over £200 million.
For further press information and images please contact:
Rachel Aked - Tel: 07790732448/ Email: Rachel@rachelaked.co.uk