Press Release - 09 May 2014
+44 (0)20 7495 9494| Harriette Moore | email@example.com
THE ARIELLE COLLECTION PART TWO
The concluding part of the celebrated Arielle Collection saw bidders from across the globe pushing prices to new heights in A. H. Baldwin & Sons Ltd's sale on Tuesday 6th May, achieving a sale total of £810,456
Randy Weir, Baldwin's Canada Representative and The Arielle Collection cataloguer said: "The Arielle Collection was one of the most impressive British Colonial collections ever created and has shown that a concentrated auction of top quality items will achieve top prices. Today we have seen a whole new type of collector in the market for whom catalogue estimates or even past auction results are of little significance when it comes to attaining the most prized coins."
The sale saw coins achieve ten times their pre-sale estimate, with a very strong internet market as well as dealers from Canada, US, Singapore and Cyprus, attending who were buying for their clients or just bidding for themselves to take home coins that they so rarely see in these grades.
A room of eager bidders battled with the competitive internet market to take home an Essequibo and Demerara 1816 George III 3-Guilders, of British Guiana. This mint coin, which has remained in exceptional condition for the last 198 years, topped the coins in the West Indies section and the sale as a whole. It sold for an impressive £22,800 to a collector in the room. [Lot 691]
Bidding on coins from the Asian Territories was also competitive with an Edward VII/Victoria unique Ceylon copper four piece mule proof set selling for £12,980. [Lot 364] The term 'Mule' describes a coin with obverse and reverse designs that are not usually seen together, often intentionally produced or produced by error. This set comprised ¼ cent, ½ cent, cent and 5 cent and as no large copper 5 cents were struck as proofs or circulation strikes for Edward in Ceylon, and due to the work involved, this set is must have been produced for someone with serious influence.
Ceylon offers one of the most interesting series of coins of the British empire. It has the crude but very pleasing local silver and copper pieces from 1801-1816 and then the beautiful and impressive bronze Rix Dollar that was introduced by the Royal Mint in 1815. Of particular note is an 1815 George III Ceylon Silver Pattern-Rix Dollar which sold for £5,520 [Lot 283]
Another popular set of coins from the Asian Territories was the Elizabeth II Malaya and British Borneo three piece cupro-nickel proof set, comprising 10 cents, 1953, 20 cents, 50 cents, 1954, which achieved £12,000 [Lot 517]
The Arielle Collection offered collectors coins of the highest pedigree, with connections to numismatic legend Major F. Pridmore and provenance from Mint collections, including a George VI Cyprus five piece proof set that was previously owned by the South Africa Mint. It topped the opening European Territories section selling for an impressive £11,520. [Lot 221]
The closing section of coins from the Australasian Territories proved that the collectors, both in the room and online, had embraced the advantages of spending the day (10 ½ hours for the whole sale) trying to buy the coins that they wanted and in turn that they were willing to pay well over estimate for the most desirable coins. A George V Australia bronze proof penny, 1944P soared over estimate selling for £9,912 [Lot 895] as did a George V Australia silver crown, 1937, which sold for £9,440. [Lot 896]
The Arielle Collection Part Two was the first of Baldwin’s three day May auction calendar which included The Åke Lindén Collection of European Coins, The Hemisphere Collection and Indian Coins from the collections of Dr Paul Stevens and Åke Lindén. The catalogue and results can be found online at www.baldwin.co.uk
With a history dating back to 1872 Baldwin's is one of the largest and longest established Numismatic dealers and auction houses in the world. Our dedicated team of specialists have over 300 years combined experience covering all areas of numismatics including English, Ancient and Foreign coins, military and commemorative medals, tokens, books and banknotes.
Launched in 1993 Baldwin's auction department has grown from strength to strength hosting more than eighteen prestigious international auctions each year in London, New York and Hong Kong. The merger of Baldwin's with Noble Investments (UK) PLC in 2005, and the acquisition in early 2008 of Apex Philatelics. and of Dreweatts & Bloomsbury Auctions, has seen the company expand to become a formidable market player offering a complete package for any collector of coins, stamps, fine art and collectables. In more recent times (2013), Baldwin's has become a part of the Stanley Gibbons Group plc and is now a more powerful London Stock Exchange listed collectables retailer and 'top 5' UK auctioneer.
Established in 1856, The Stanley Gibbons Group plc is the world's leading rare stamp and prestige collectibles merchant with offices in the UK, Hong Kong, Singapore and the Channel Islands.
Holders of the Royal Warrant as philatelists since 1914 and AIM-listed in London, the Group is debt-free and has shown consistent double-digit EBIT growth through the recent economic downturn in the UK and Europe.
Estimates do not include buyer’s premium and prices achieved include the hammer price plus buyer’s premium.
Images are available upon request and all catalogues are available to view online at www.baldwin.co.uk.
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