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Modern Greek Coin Sells for Record Price

May 13, 2014 in Auctions, Coins, Collecting, Gold, Gold Coins, Greek Coins, News, Numismatica, Numismatics, Rare Coins, World Coins

By: Coin Update. May 12th, 2014 (http://news.coinupdate.com)

An George I 1876 Gold 100-Dramchai broke the world record for any Modern Greek coin selling for £216,000 in A.H. Baldwin & Sons Ltd’s sale of European Coins from the Åke Lindén Collection on Wednesday 7th May 2014.

This exceptional rarity was from the collection of Swedish numismatist Åke Lindén, one of the world’s most prolific coin collectors. It sold in the latest of a calendar of worldwide auctions hosted by Baldwin’s presenting Lindén’s vast and esteemed collection.

Dimitri Loulakakis, Director of World Coins at A. H. Baldwin & Sons Ltd said: “Baldwin’s are pleased to see the continued successful dispersal of Åke Lindén’s collection, the price this George I 1876 Gold 100-Drachmai achieved illustrates the rigorous attitude Lindén had towards collecting top quality rarities and also the buoyancy of the current European coin market. We are thrilled with the outcome of the sale.”

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