Results Fall Auction Sales 351-354
25. September - 01. October 2021 | Vienna House Remarque, Osnabrück
Dear bidders and coin enthusiasts,
After six exciting days, our Fall Auction Sales ended on Friday evening at 7 pm with an extraordinary success and some impressive results. The total hammer price of the auction week came to 13.6 million Euros (not including buyer’s premium) – nearly twice the original auction estimate of 6.9 million euros.
We already started last Saturday with the "Coins of the Ancient World" and our catalog #351. The estimate of sale 352 was set at just under 1.7 million Euros and improved to over 2.4 million Euros of hammer price (not including buyer’s premium). The coins from the collection of an engineer and from the collection of a cosmopolite were particularly successful in the sale, with most of the pieces fetching many times their original estimate.
Catalog #352 was followed by the auction of the "Hermann Schwarz Collection - Fascination of Minted Gold". The collection was assembled as early as the 1920s and completed in the 1960s. The collector Herrmann Schwarz noted the source and year of acquisition for many pieces in a collection book so that we were able to provide a provenance for numerous pieces. The collector bought from all renowned coin dealers of his time. Our bidders appreciated the collector's achievement accordingly, the hammer price was 2.5 times the auction estimate once the last piece of the fantastic collection was sold.
This was followed by catalog #353 "The Axel Tesmer Collection, Part 2". The first part of this amazing collection of Prussian coins and medals was already sold in our last spring sale and was equally a great success. This collection also achieved record hammer prices. In addition to the numerous impressive results for the high-end pieces in the 5- and 6-digit Euro range, we were equally thrilled by many of the minor denominations sparking much interest among our bidders and therefore reaching very high hammer prices. This catalog also improved significantly from its estimate - reaching well over double its estimate.
The final catalog was #354 with the "Coins and Medals from the Middle Ages and Modern Times" as well as the "German Coins after 1871". Included were the Brunswick coins and medals from the collection of an engineer. Overall, the trend continued: well-preserved and rare coins fetched very strong prices. Especially the very well-preserved bracteates, that the bidders had put together with much knowledge and attention to detail were very popular with our collectors. Finally, the last group of coins were the pieces from the German-Reichs-Period minted after 1871. This was one of the best collections of this area we were fortunate to sell in the recent years, and this was equally appreciated by our collectors. This last section reached some impressive results and was a great end to a fantastic auction week here in Osnabrueck.
Overall, it was once again confirmed: Künker is the right address to successfully auction entire collections and special individual pieces. If you are considering auctioning coins, please do not hesitate to contact us.
We congratulate all our consignors and thank all bidders for their strong auction participation!
Best regards from Osnabrück
Your Künker Team
