Stack’s tops $100M for second consecutive year

For the second year in a row, Stack’s Bowers Galleries brought in more than $100 million US (about $136.5 million Cdn.) in world and ancient coin auction sales.

In 2022, those Stack’s sales topped $108 million US (about $147.5 million Cdn.) as the department offered more than 30,000 lots throughout the year, “easily surpassing the record they set in 2021,” according to a statement from the firm.

Stack’s spring Hong Kong sale topped $43 million US (about $58.8 million Cdn.), making it the highest-grossing auction of non-American coins held by any firm. In November, the department’s final Collectors Choice Online Auction represented its largest sale in terms of both lot count and realizations with more than 3,600 lots bringing $2.1 million US (about $2.85 million Cdn.).

The firm’s top-selling world coin of 2022 was a circa 1600 imitation eight rosenoble coin from the Netherlands: in Extremely Fine condition, it realized $962,500 US on a $275,700 US estimate.

Stack’s world and ancient department “remains extremely busy with what already promises to be another year of broken records and surging growth, with their 2023 January NYINC sale serving as their largest to date, comprising over 5,700 lots,” according to the firm.

With its success in 2022, Stack’s will open a new office in Vancouver, B.C., led by Canadian dealer Adem Karisik, the owner of Karisik Auctions.

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