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Bowers And Merena To Conduct Its Largest Auction Ever At The Baltimore Coin And Currency Convention In November

- November 2, 2007

Over 4,000 Lots – More Lots than Any Previous Bowers and Merena Auction – to Cross the Auction Block, Including an 1854-O Liberty Double Eagle in PCGS AU-50


IRVINE, Calif. – Bowers and Merena Auctions, America's leading rare coin auction house, once again will serve as the Official Auctioneer of the Baltimore Coin and Currency Convention, November 14 to 17, 2007, at the Baltimore Convention Center. The auction, the largest by number of lots in Bowers and Merena’s history, will be conducted over four sessions and includes more than 3,000 coin lots and over 1,000 currency lots. This is Bowers and Merena’s third official Baltimore auction for 2007; the March and June Baltimore auctions together realized more than $11.5 million. Bowers and Merena will continue to serve as Official Auctioneer of the Baltimore Coin and Currency Convention in 2008, with the next auction scheduled for February 27 to March 2, 2008.

“We can already say this auction is one for the record books, based on sheer size alone. We’ve never offered this many lots in an auction before and we are thrilled to finish our 2007 Baltimore auctions with the largest auction in Bowers and Merena history,” said Steve Deeds, President of Bowers and Merena. “The response to the call for consignments was just overwhelming, and we have some really important coin and currency lots in this auction.”

One of the top highlights crossing the Baltimore block in November is Lot 4668, an 1854-O Liberty Double Eagle graded AU-50 by PCGS. “The 1854-O is considered to be one of the most important rarities in U.S. numismatics, an issue that has always been in great demand with very few representatives available, especially at this level of quality,” said Deeds. This example stands out for its exceptional eye appeal and general overall brilliance and bold delineation of design elements.

Another lot destined to turn the heads of serious collectors is Lot 683, a 1916 Buffalo Nickel Doubled Die Obverse in PCGS MS-64, one of only an estimated 10 or fewer coins that exist at all levels of Mint State preservation, and clearly the finest example ever handled by Bowers and Merena numismatists. Also notable is Lot 4500, an 1879 Flowing Hair Four-Dollar Gold Stella, Judd-1635, Pollock-1833, Rarity-3 in PCGS Proof-64 DCAM, one of only 18 in all PCGS grades with a Deep Cameo finish.

A most impressive currency highlight is Lot 6072, an Uncut Sheet of Four Kimball, WV, $5 1902 Plain Back, Fr. 606, The FNB, Charter #(S)11502, Very Fine. This extraordinary specimen is the first known uncut sheet of Nationals from a rare McDowell County, W.Va., issuer, the First National Bank of Kimball, an institution previously represented in the census by only a single large size and a lone 1929 series survivor.

Other currency highlights include Lot 5758, a Globe, Territory of AZ. $10 1902 Red Seal, Fr. 587, The FNB, Charter #(P)6579, Very Good, a note with superb pen signatures, excellent colors and fully original paper. Also, Lot 5768, a Prescott, Territory of AZ. $10 1882 Brown Back, Fr. 487, The Prescott NB, Charter #(P)4851, Very Fine, with pleasing eye appeal, a sharp cashier's signature and bold colors.

All lots and images in the Bowers and Merena Official Auction of the Baltimore Coin and Currency Convention can be viewed online at www.bowersandmerena.com, and printed catalogs are available upon request by calling 800.458.4646.

Bidding is open now. Pre-auction bids are welcome at www.bowersandmerena.com; by e-mail at [email protected]; by phone at 800.458.4646; by fax at 949.253.4091; and by postal mail addressed to Bowers and Merena, Baltimore Auction November 2007, 18061 Fitch, Irvine, CA, 92614. Interested bidders are also encouraged to bid in-person at the live auction November 15-18, 2007. A complete auction and lot viewing schedule is available at www.bowersandmerena.com or by calling 800.458.4646.

Bowers and Merena Auctions was founded in 1983 and has grown to become the world’s preeminent numismatic auctioneer with more than half a billion dollars in rare coin and currency sales.
Bowers and Merena has handled four of the five most valuable United States coin collections ever sold, including the Louis E. Eliasberg Sr. Collection, the Harry W. Bass Jr. Collection, the Garrett Collection for The Johns Hopkins University, and the Norweb Collection.

For more information about Bowers and Merena and the Official Auction of the Baltimore Coin and Currency Convention in November, call 800.458.4646. For media inquiries, ask for President Steve Deeds. Complete prices realized for all past auctions are available at www.bowersandmerena.com.



Article provided by PCGS at www.pcgs.com

 
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