Superior Galleries Inc. announced the completion of its Pre-Long Beach Coin and Collectibles Exposition Auction with much better than expected results. The total prices realized for the sale were $5,479,750 or approximately 20 percent more than expected.
The company had more than 1,000 Internet Bidders with total sales to the Internet of $669,622, which may be the record for any Internet coin auction. eBay was extremely pleased with the Internet participation and stated that they would research to see if this sale had the highest gross sales for any eBay Live Auction.
Some highlights of the Internet sales were: Lot 4238, the 1802 Half Dime NGC AU 50 amongst the finest known which realized $74,750; also Lot 3083, the 1909-S Indian Cent in MS 66 Red PCGS realized $17,250 against a presale estimate of $5,400-$6,400. Lot 3224, the 1955 Lincoln cent double die in MS 65 Red PCGS sold for $29,900 on a presale estimate of $18,000-$22,000.
Superior Galleries is a wholly owned subsidiary of Tangible Asset Galleries, a publicly traded company and a dealer and auctioneer in rare coins, fine art and other fine collectibles.
http://www.Superiorgalleries.com
