SARC Auction 37 Nets $1.85 Million
THE FOLKS AT Stephen Album Rare Coins bring a substantial base of combined knowledge to the process of cataloging their high quality, diverse consignments. I think also that their bidders tend to be very well versed in the specialized fields in which they collect or trade. It is for these two broad reasons that I really enjoy bringing our readers previews or reviews of the SARC live and online auctions.
SARC Auction 37 was held June 11-14, 2020, at their offices in Santa Rosa, Calif., with great results. Both the strength of the coin market and of the SARC business model was on display as high prices and a huge sell-through of 96.5 percent of lots sold made this a fun event for all involved. I asked Michael Barry, Chief Operating Officer (COO) at SARC for sale totals and he supplied this information, “The total price realized was 1.85 million USD (including buyer’s fees), a new record for our growing auction house. Pre-sale estimate for the auction was 1.20 million USD.”
One of the most exciting moments in SARC Auction 37 came when a Chinese silver “Pavilion” dollar sold for an
