Another 170-year-old token sold for more than $60,000 at the recent Fall 2015 Toronto Coin Expo, setting a new numismatic record for the highest-priced Canadian token sold at an auction. Altogether, the auction realized nearly $800,000 from some 950 lots of tokens, coins, medals and banknotes as part of Geoffrey Bell Auctions biannual Coin Expo sale. The auction’s highlight was undoubtedly lot 129, an 1845 Bank of Montreal (BMO) halfpenny (Breton 527) that crossed the block for $61,200 after an estimate of $40,000-$50,000. Continue reading →
Pictures do tell the story, and I received one by text on the first evening of the recent Geoffrey Bell sale as a reminder that live auctions are still popular. “Live auctions are alive and well,” the text accompanying the picture proclaimed. It shows the auction room, held at the downtown Toronto Reference Library, almost filled to capacity. I was speaking to auctioneer Brian Bell afterwards, and I agree with him that, despite increasing online bidding, live auctions are not dead. The keys are great material, strong marketing and passionate collectors that stay connected to the hobby.
Subscribe to 26 issues for just $45.75/year
Subscribe today to receive Canada's premier coin publication. Canadian Coin News is available in both paper and digital forms.