Coins Defy Financial Crisis - Top Prices Fetched at German Auction of Historic Coins and Medals - Single Coin Sold for EUR 184,500.

PR Newswire Europe, March, 2009

OSNABRE[pounds sterling]CK, Germany, March 17 /PRNewswire/ -- In the week from March 9-14, 2009, the German auction house KE-nker sold more than 7,400 historic coins and medals, totaling more than EUR 7.5 million, in OsnabrE-ck (Northern Germany). The hammer prices of the sold items were on average 40 per cent above the estimate. Top-quality rare coins from the Russian tsardom experienced particularly strong demand from traders and collectors. More than once, their sales prices climbed several times higher than their estimated prices, a trend also seen in spectacular pieces from other collection categories.

With a sales price of about EUR 184,500, the copper trial piece of a very rare 2 kopeck coin - minted in Saint Petersburg in 1810 under Tsar Alexander I -...

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