Kolbe & Fanning New York Numismatic Book Auction a Huge Success
Kolbe & Fanning Numismatic Booksellers held their annual New York Numismatic Book Auction on Saturday, January 11 in conjunction with the 2014 New York International Numismatic Convention (NYINC) at the Waldorf-Astoria Hotel in New York City. The two-session sale offered highlights from the libraries of Quentin Archer and Herbert Kreindler and was highly successful, with both sessions boasting sell rates of well over 90% and hitting between 130% and 150% of total estimates, with well over $900,000 in total sales including the buyer premium.
The first session saw the firm offer selections from the remarkable library on Russian numismatics formed by Quentin Archer. The Archer library is especially strong in pre-Petrine material and in references on the coins and medals of Peter the Great, with some coverage of later periods. The Archer sale saw very aggressive competition, with some notable lots including:
- Lot 30, Grand Duke Georgii Mikhailovich’s very rare work on the coins of Peter I, brought $17,000 hammer on a $10,000 estimate (all prices herein are hammer prices).
- Lot 32, a set of the French edition of the Grand Duke’s corpus, also brought $17,000 hammer on a $10,0000 estimate.
- Lot 59, a rare complete set of the Zapiski Numizmaticheskago Otdelniia (Imperatorskoe Russkoe Arkheologicheskoe Obshchestvo, 1906-13), sold for $5500 on a $3000 estimate.
- Lot 95, a compete run of the Trudy Moskovskago Numizmaticheskago Obshchestva (Moskovskoe Numizmaticheskoe Obshchestvo, 1898-1905), brought $5750 on a $2750 estimate.
- Lot 96, a fine complete set of the Numizmaticheskii Sbornik (Moskovskoe Numizmaticheskoe Obshchestvo, 1911-1915) from the Ran Zander library, sold for $6500 on a $4500 estimate.
- Lot 104, a beautiful copy of Oreshnikov’s masterwork, with both supplements, sold for $3750 on a $1250 estimate.
- Lot 120, a nearly complete set of the very rare catalogue of Yakov Yakovlevich Reichel’s extraordinary collection, sold for $6000 on a $3500 estimate.
And that was just the beginning of an exceptional day. Starting at noon, Kolbe & Fanning offered highlights from the outstanding and comprehensive library on ancient numismatics formed by New York coin dealer Herbert Kreindler. This part of the sale was conducted in association with Fritz Rudolf Künker GmbH, of Osnabrück, Germany. The Kreindler library is well-known for its extensive nature, and brought participants from all over the world. Some sale highlights included:
- Lot 1029, a complete set of the Numismatic Chronicle (1838-2012) sold for $32,500 hammer on a $20,000 estimate.
- Lot 1030, the complete set of the extremely rare Zeitschrift für Numismatik, previously in the library of the firm of Münzen und Medaillen, sold for $45,000 on a $40,000 estimate.
- Lot 1037, a complete set of Spink & Son’s Numismatic Circular, sold for $12,000 on a $6000 estimate.
- Lot 1064, the very rare photographic record of the collection of Carlos de Beistegui, sold for $7500 on a $3500 estimate.
- Lot 1127, an exceptional first edition set of A Catalogue of the Greek Coins in the British Museum sold for $14,000 on a $7500 estimate.
- Lot 1254, a lovely set of Rizzo’s important Monete greche della Sicilia, sold for $8500 on a $3500 estimate.
- Lot 1297, Svoronos and Pick’s rare and important Les monnaies d’Athènes, sold for $7000 on a $2500 estimate.
- Lot 1541, an extraordinary group of Jacob Hirsch’s bidbooks of his first twelve catalogues, sold for $23,000 on a $12,500 estimate.
Full prices realized lists and PDFs of the catalogues are available on the Kolbe & Fanning website at www.numislit.com. Printed catalogues are still available from the firm at $20 for the set. We wish to thank all of our clients for their participation in these exciting sales.