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Tibetan coins achieved record prices at Spink China Auction held in Hong Kong

August 26, 2013 in Antique Coins, Auctions, Coins, Collecting, Gold, Gold Coins, History, News, Numismatica, Numismatics, Tibetan Coins, World Coins

August 26th, 2013. (http://www.artdaily.org)

HONG KONG.- Spink held the auction of the highly praised Nicholas Rhodes Tibetan coin collection in Hong Kong on 21 August 2013. Bidders were keen to take advantage of this unique opportunity to own coins of such significant historical, cultural and aesthetic value. The auction continued long into the evening and made for a successful sale. Many offerings surpassed their estimated values and achieved record prices.

The star lot, an extremely rare 10-Tam pattern coin (c.1910) achieved a strong price of HK$384,000/ US$49,230 after spirited bidding, far exceeding its pre-sale high estimate of HK$150,000. This beautiful and rare Tibetan coin, formerly in the Gabrisch Collection, was issued in the time of the 13th Dalai Lama.

Spink Coin specialist Barbara Mears said: “I believe this is the first auction dedicated entirely to Tibetan coins. We knew it was a popular area for dedicated collectors but were not sure how well such a large offering would go. Rarities such as the 20th century pattern coins achieved record prices. This was due to the great regard with which Nicholas Rhodes was held among numismatic circles, but also to the efforts of the Spink team.”

Full article at source>

Link to Spink’s Website article with auction results and pictures

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