Superior Announces Pre-Long Beach Elite Rare Coin Auction Results.Business Editors BEVERLY HILLS Beverly Hills, city (1990 pop. 31,971), Los Angeles co., S Calif., completely surrounded by the city of Los Angeles; inc. 1914. The largely residential city is home to many motion-picture and television personalities. , Calif.--(BUSINESS WIRE)--Jan. 29, 2004 Superior Galleries, Inc. (Pink Sheets:SPGR) announced today that prices realized from its Pre-Long Beach Elite rare coin auction, held on January 25 through 27, 2004, exceeded $6.4 million. Among the highlights of the auction was the Russian Classics Collection. This comprehensive collection of rare Tsarist Russian coinage attracted a large cadre of bidders from around the world. Bidders battled back and forth to attain one-of-a-kind items that, once removed from the marketplace, may be unavailable for a generation or more. Particularly noteworthy, a 1 1/2 Rubles (10 Zloty) featuring a bust portrait of Czar Nicholas Czar Nicholas may refer to:
tr.v. en·cir·cled, en·cir·cling, en·cir·cles 1. To form a circle around; surround. See Synonyms at surround. 2. To move or go around completely; make a circuit of. heads of the Grand Dukes and Grand Duchesses brought $109,250 in very competitive bidding Competitive bidding A securities offering process in which securities firms submit competing bids to the issuer for the securities the issuer wishes to sell. competitive bidding 1. . A similar piece, but one where the heads of the Imperial family surrounding the Tsaritsa are not encircled, sold for $52,900. In all, the 192-lot Russian Classics Collection realized $1,264,902. The Becker Estate of Panama-Pacific Material, essentially a complete set of the Commemorative coins issued by the U.S. for the Panama Pacific Exposition, realized $120,750. The set contains a Half Dollar, a Gold Dollar, a Quarter Eagle ($2.50 gold coin) and two $50 "slugs." One of the slugs is struck with an octagonal oc·tag·o·nal adj. Having eight sides and eight angles. oc·tag  o·nal·ly adv.Adj. 1. border. Superior Galleries, Inc. is a publicly traded company publicly traded company A company whose shares of common stock are held by the public and are available for purchase by investors. The shares of publicly traded firms are bought and sold on the organized exchanges or in the over-the-counter market. , acting as a dealer and auctioneer in rare coins and other fine collectibles. The firm markets its products through its prestigious location in Beverly Hills, California and the company's web site at superiorgalleries.com. Past sales performance may not be indicative of future results. No assurance is given that sales trends or our sales performance on behalf of consignors or customers will continue. |
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