Rare Asian Coin Collection Makes $6.8 Million At Heritage Auction



2015-06-26 10:45:18

Rare Asian Coin Collection Makes $6.8 Million At Heritage Auction

The unique Dr. Norman Jacobs Collection of Japanese and Korean Coins was sold during a Heritage auction in Long Beach, California on Thursday September 8. The collection, billed as the best of its kind ever offered at auction, was sold for a total price of almost $6.8 million.

Assembles over more than 50 years, the collection featured a wealth of rare Japanese and Korean coins and banknotes. The top-selling lots of the auction were three highly rare Korean coins dating from the reign of Yung Hi in 1909. These were:

  • 20 Won coin - sold for $632,500
  • 5 Won coin - sold for $460,000
  • 10 Won coin - sold for $299,000

All three coins were the only remaining examples in private hands, with just one more of each existing in museums around the world.

Other notable sales from the auction included a Meiji silver Pattern Trade Dollar Year 7 (1874), sold for $299,000, and a Meiji gold Pattern 10 Yen Year 3 (1870), sold for $276,000.

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