Stack’s Bowers Galleries, a long-running U.S. numismatic firm, has opened the doors at its new rare coin gallery in historic Philadelphia, Pa.
Located at 1735 Market St. on the corner of 18th Street and John F. Kennedy Boulevard, the new gallery is situated in the heart of Center City just a few blocks from several landmarks, including the Comcast Center, Reading Terminal and Philadelphia City Hall. It is also a 15-minute walk to the 30th Street Amtrak station, “granting convenient access to collectors across the entire Northeast region,” according to a statement issued by the firm in late November. The Philadelphia gallery will allow collectors to buy, sell and consign coins and banknotes while serving as “an important resource for gold and silver bullion trading, appraisals, and auction expertise,” the firm’s statement added.
“We look forward to bringing our unsurpassed numismatic expertise to the Philadelphia community,” said Stack’s Bowers Galleries President Brian Kendrella. “This city and its collectors have been crucial to the history and success of our business, and we are proud to now call Philadelphia home.”
Robert Avena, Stack’s head numismatic trader, will lead the Philadelphia gallery. A life member of the American Numismatic Association, the Silver Dollar Round Table and the Florida United Numismatists, Avena has been part of the Stack’s Bowers Galleries team since 2000.
Joining him is store manager Mark Curcio, a life-long collector and dealer with more than 35 years of numismatic experience.
At the Philadelphia gallery, they’re showcasing a more than 100-ounce Justh & Hunter bar recovered from the SS Central America shipwreck. The Central America went down in a hurricane off the coast of the Carolinas on Sept. 12, 1857, killing 425 people and sending its gold stores to the bottom of the Atlantic Ocean.
Brothers Joseph and Morton Stack established Stack’s Bowers Galleries (as Stack’s Rare Coins) in 1933. The firm held its first auction two years later before serving as an official distributor of U.S. Mint commemoratives in 1936. Stack’s Rare Coins merged with another numismatic firm, American Numismatic Rarities, in 2006, and finally with Bowers & Merena in 2011.