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Welcome to Sale 69 LOT 323 LOT 324 LOT 325 LOT 330 Welcome To Sale 69 Welcome to our first sale for 2009, and a cracking sale it is indeed! Thanks as usual to all the vendors for providing not only a diverse and interesting selection, but also a large number of highly desirable and rare items for this sale. For future vendors - Please note: the cut off dates for the next sale will be in early/mid July, and as we already have a large number of items penciled in (including 2 superb collections of Banknotes), places will once again be limited. The next sale, Sale 70, will be sometime in September, and is already shaping up to be another beauty! Some Sale 69 Auction Highlights and more… One excessively rare item really worth close attention is the Type 10 Kookaburra Other Points Of Interest- Once again, those that (wisely) listened to what I said a Penny of 1920. This famous type is often dubbed the “Crowned Head” type, as it is year ago about the share market meltdown probably did well to avoid the massive the only coin amongst both the Halfpennies and Pennies of the Kookaburra series losses that have occurred, and hopefully they have future proofed their super to feature King George V wearing a crown. This portrait type is similar to the ones funds and personal investments by putting their hard earned money into high qual- used in our issued pre decimal currency and also in other colonial countries of the ity Numismatic items that will have potential for future growth. Of further significant period. This very rare issue has not been sold at auction for many years, and this interest is that in the last four months, in Australia and right around the World, particular coin has the pedigree of being Ex. the Le Seouf (the former Melbourne there have been record breaking Numismatic sales held. Last year we sold two Mint Master’s personal) collection, adding to its considerable desirability. This su- items for over $1,000,000 each, including the World Record price for any Austral- perb example should top the $300,000 mark, with several collectors already keen ian Numismatic item, but we were delighted to hear that several leading Austral- to add this coin to help complete their type collections. ian Numismatic firms had also recently achieved record prices. The Rare Coin Company achieved a new record price with the sale of a 1000 Pound note for Also on offer is an amazing consecutive trio of 1 Pound Star notes 1942 Armit- $1,350,000, whilst Coinworks just announced the amazing result of $500,000 for age-McFarlane in UNC condition. These amazing notes turned up in the early a Proof 1923 Halfpenny, well above the current catalogue price! 1980’s, and have never been offered at auction before. Not only are these notes the key Starnotes of the whole series (along with the 10 Shillings, of which these Overseas, a number of recent sales held from October to December, and amongst rate similarly in high grade), but as a trio they are truly unique, and as such, may the gloom of the Global Financial Crisis, broke new pricing ground. In Munich a be worth more than a 50% premium for this factor. At the current catalogue value sale realised 7.9 million Euros (over $15,000,000), another in Dallas Texas real- of $160,000 per note, and considering the extra value added for being a trio, the ised $US13 million, whilst in London yet another sale achieved a world record estimate of $450,000 could well prove to be very conservative come auction day. price of £1,782,500 ($3,900,000) for a Russian Twenty Rouble Piece. A sale held in Tokyo comprising only 100 lots realised an incredible 630,000,000 Yen, (that’s Other items sure to attract significant interest include a 20 Pound 1913 Collins over $10,000,000), with a world record price for an 1847 Gothic Crown fetch- – Allen, a fresh note that, unbelievably, was actually part of a consecutive pair. ing over $790,000. In Switzerland another sale broke several records, with an This note is graded gEF, and is considered the equal finest known, and estimated Athens Gold Stater selling for 950,000 CHF (over $1,200,000), and a Sestertius at $260,000. Also there is a Rainbow Pound 1914 and at gF/aVF an attractive of Hadrian achieved a record price of 2,000,000 CHF (over $2,500,000)! And this example and rare in this grade, which is estimated at $65,000. Also an UNC 10 only in the last 4 months! It is also important to understand that for every new Shillings 1923 Miller-Collins, a nearly UNC 5 Pound Kell-Heathershaw, a trio of record breaking rarity sold, there is a positive spin-off created which in turn filters Hay Internment Camp notes in high grade, as well as a 10 Pound 1918 Cerutty- down throughout other levels of the market. As high profile rarities diminish, the Collins in gVF. Other highlights include a Red Serial 1 Pound 1914, a number of focus gradually shifts to the next in rank. Specimen notes as well as an amazing line up of very rare issued and specimen Pre Federation Banknotes. I think the message here is clear; in times of economic turmoil, the Numismatic market has held up. Gold, of course, has always been a safe haven in times of A fantastic selection of Coin Rarities includes probably the finest known 1922/1 trouble, but evidence shows that even from the times of the Great Depression, Overdate Threepence. Sold originally by IAG in 2002, this superb example is the Numismatic market has more than held its own. More than ever, investors graded aEF/gEF. There is also two other Kookaburra pennies, a Type 11 and a recognise the need for diversification and are seeking secure alternatives that are Type 12, two 1813 Dumps, a rare Taylor Sixpence in Silver c1855, and superior affected as little as possible by the stock and property markets. examples of many key date coins including a gEF 1923 Halfpenny, a Ch.UNC 1925 Penny and an aVF 1930 Penny. The 1925 Penny is worth a special mention, Please Note: We will be accepting items for the next sale, Sale 70 (to be held in as this would be the finest example offered in many years. Also there is a su- September 2009), from now until early/mid July 2009. Please contact us Now perb selection of Commonwealth Silver and Copper including many gem pieces, about any consignments you want to include in this sale to ensure that you don’t some nice Proof Coins, and a selection of Australian Gold highlighted by an aUNC miss out. 1860/5 overdate Half Sovereign, also considered to be the finest known. Other items of interest include a small but interesting selection of Australian Medals, World, GB, Ancient Coins and more. Interstate Clients:- Perth: The A.N.D.A. Coin and Banknote Fair 28th February - 1st March 2009 - At the Burswood Casino Convention Centre. Sydney clients please note: We will not be viewing in Sydney this Auction due to commitments at the Perth fair, but anticipate to do so next sale as usual. There will also be limited view- ing for interstate dealers in our offices: Friday 6thof March From 9am to 5pm - Strictly By Prior Appointment Only: Level 2 - Sonata - Cnr. Queensland Avenue & Surf Parade - Broadbeach. Ph:(07) 55 380 300 - Mobile 0412 722 043 (Business Hours Only) Email: [email protected] Website: www.iagauctions.com during business hours at our office on: (07) 55 380 Welcome to IAG’s Sale 69 300. Alternatively you can email us at: iagmail@ Sunday 8th March 2009 optusnet.com.au Direct Bank Payments: Please advise us if you are paying by electronic transfer, so we can ensure Important Auction Information: that your payments get processed effectively. Make sure to include your name and invoice number in Viewing & Auction: Sofitel Gold Coast (81 Surf your payment. Please note that items will only be Parade Broadbeach) - Sorrento Room (Level 3), dispatched a minimum of 3 days after cleared pay- on the day of Sale, 8th March 2009 from 12pm ment has been confirmed. - 3pm. The Auction will then commence immedi- ately at 3pm. We estimate that this sale will take Bank: ANZ Broadbeach approximately 3 hours to complete. There will also Account: Paradise Coins Pty Ltd. be limited viewing for interstate clients only on Fri- T/A International Auction Galleries day 6th March, strictly by appointment only, in our BSB: 014 513 offices from 9-5pm. The Oasis Shopping Centre Account No: 1027 43868 (next door to the Sofitel Hotel, right in the heart of Broadbeach) has plenty of Car Parking for those wishing to attend the Auction. Happy Collecting to All. Interstate Viewing: 2 days in Perth:- At the ANDA Fair, 28th February – 1st March 2009, at The Burswood Casino Intercontinental Hotel Conven- Auction Starts 3pm. tion Centre. Due to several other commitments, we will NOT be in SYDNEY for this Sales Viewing. Please call our office on (07) 55 380300 for details or if you need any further information. We expect to resume our usual Sydney viewing for the next World Coins auction. Payment: All amounts are in Australian Dollars. Credit Cards (accepted with signature & full ad- 1 Austria Thaler Ferdinand II dress details): MasterCard, Visa & AMEX only . A 1601-1602. Small Obverse dig. Surcharge of 3% will also be applied to all AMEX aVF charges only.
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