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Baldwin’s<br />
The Bentley Collection – 27 th September <strong>2012</strong><br />
BENTLEY TAKES GOLD IN WORLD RECORD PER-<br />
FORMANCE – 1920 S IS THE NEW HIGHEST ACHIE-<br />
VING BRITISH COLONIAL COIN, AND MORE.<br />
The much anticipated public auction of part two of the Bentley<br />
Collection was held by Baldwin’s in London on the 27th<br />
September. The auction contained one of the rarest Australian<br />
coins, the fabled George V 1920 Sydney mint gold sovereign.<br />
Some voracious bidding between three ardent bidders culminated<br />
in the repatriation to Australia of this legendary coin. Presale<br />
interest had fuelled hopes that this incredible piece would<br />
set a new world record, and it didn’t disappoint! The atmosphere<br />
was buzzing as lot 736 from Baldwin’s auction 76 opened at<br />
£260,000 rising swiftly and ultimately selling for a jaw dropping<br />
£780,000 inclusive of 20% buyer’s premium.<br />
The Bentley Collection auction, part of<br />
a two-day, three auction spectacular from<br />
Baldwin’s, sold for an incredible £2.25 million<br />
(including Buyer’s Premium), cementing<br />
Baldwin’s reputation as one of Europe’s<br />
leading numismatic auction houses.<br />
One of only three currency specimens<br />
ever to be publically sold, the last time this<br />
example of the 1920 S was sold was in 2006 for AU$582,500, when<br />
it set the then world record for the highest priced Australian coin.<br />
This particular coin was also sold over 20 years ago in 1979 when<br />
it fetched AU$4,250. Although it is speculated that more of these<br />
coins could exist undiscovered there are only 3 that are available<br />
on the open market, the fourth is currently housed in a museum.<br />
The successful purchaser of the coin, well known numismatic<br />
dealer Bob Jaggard, was bidding on the phone with Baldwin’s<br />
specialist Steve Hill in the auction room. A heart stopping<br />
moment where Mr. Jaggard’s cordless phone line dropped out<br />
at £350,000 did not deter him as he went on to secure the coin.<br />
Steve Hill, Baldwin’s British coin specialist and cataloguer<br />
of the Bentley Collection commented after the auction:<br />
“We are absolutely overjoyed with today’s result, we hoped<br />
it would be a great day but it far exceeded all of our expectations.<br />
It was most pleasing to see the 1920 S breaking records<br />
again, as it did when one was last sold in the UK 20 years ago. “<br />
Baldwin’s believe the price achieved for this magnificent coin<br />
is the new world record for a British Imperial gold sovereign; an<br />
Australian coin; a British Colonial coin; a legal tender British<br />
coin and a British auction record for a modern 20th century coin.<br />
Elsewhere in the sale a number of other rare lots achieved<br />
fantastic results. Lot 625 an 1879 Victoria pattern sovereign is<br />
only one of two known specimens, the other belongs to the<br />
Melbourne mint collection. It is so rare that not even an illustration<br />
was included in the industry reference work, the Wilson<br />
Rasmussen publication. It explains why this exceptional coin<br />
sold for £48,000 (including Buyer’s Premium) against an estimate<br />
of £12-15,000.<br />
As predicted, interest in the South African section of the<br />
collection saw prices soar. Lot 901, an extremely<br />
rare single shaft 1892 gold Pond was a<br />
particularly fine specimen and sold for<br />
£38,400 (including Buyer’s Premium) and<br />
was estimated at £20-25,000. Lot 927, a George<br />
V 1929 Pretoria mint proof sovereign<br />
was another item deemed excessively rare.<br />
This coin had never been recorded in any<br />
reference works and is therefore thought to<br />
be the only known example. The coin was estimated at £12-<br />
15,000 but fetched £52,800 (including Buyer’s Premium).<br />
Ian Goldbart, Managing Director of Baldwin’s commented:<br />
“After the astounding success of the Prospero Collection of<br />
ancient Greek coins earlier this year we were delighted to be able<br />
to offer at auction such a high calibre collection of British sovereigns.<br />
The results from the sale were truly outstanding and we<br />
are very much looking forward to selling part three next year.”<br />
This is the second time Baldwin’s have achieved record breaking<br />
prices this year, setting new world records in both ancient<br />
and modern coinage. The final part of the Bentley Collection will<br />
be sold by Baldwin’s on the 7th May 2013 in London and included<br />
the rarest London mint Sovereign, dated 1819. There are only a<br />
handful known to exist and the Bentley example is by far the finest<br />
known specimen in private hands. Catalogues will be available<br />
around four weeks prior to the auction at www.baldwin.co.uk<br />
Weitere Infos siehe Anzeige in <strong>mt</strong> 9/<strong>2012</strong>, Seite 73.<br />
Internationale Numismatik-Messe<br />
3. und 4. November <strong>2012</strong><br />
Im Forum der Messe Frankfurt am Main<br />
8. Internationale Numismatik-Messe<br />
Wieder mit einer großen Fachabteilung für<br />
Papiergeld, Banknoten, Aktien und Wertpapiere<br />
Organisation: Münzen Modes, Reichenbachstraße 17, 80469 München, Tel. +49-89-26 83 59<br />
www.numismata.de · E-Mail: numismata.modes@t-online.de Fax +49-89-2 60 90 60