Collectible Summary for Nov 3 2010

A collection of stories from Paul Fraser Collectibles:

Gold and silver coins hidden for years in a garage bring $88,000 in Philadelphia

After reading this, you may decide that clearing out your garage isn’t such an unappealing idea after all…

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Magnificent ‘Washlady’ dollar stars at Heritage’s $9.42m COINFEST auction

The ‘finest known’ Washlady brought $161,000 as the market for rare coins remains ‘very strong.’

…The equally rare and collector-coveted VF30 NGC. M. 4.2-F.6, W-2360, R.8., from The W Philip Keller Collection of US Colonials, took the second spot on the auction podium in Stamford, realising $115,000.

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Worth more than the poker chips… a set of silver playing cards brings $554,500

The extraordinary deck headed a $3.8m sale of fine silver at Christie’s New York. The top lot of the sale was as expected the extremely rare set of German engraved and parcel-gilt silver playing cards, signed Michael Frommer, Augsburg, 1616, realising $554,500, doubling its estimate of $150,000 – $250,000.

Despite their popularity among noble clientele – silver cards were supplied to the courts of Bavaria, Tuscany, and Brunswick among others – only five sets of silver playing cards are known to survive today.

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AND MORE From Elsewhere:

Rare Bugatti could fetch record price at Monterey Auto Week auction

A 79-year-old Bugatti Type 51, which was raced in 17 European Grand Prix events and is considered one of the finest surviving vehicles of its kind, may set an all-time auction record August 14 during Monterey Auto Week.

The Bugatti, boasting its original bodywork, engine and gearbox, is predicted to sell for $4.5 million, which would be the highest price ever paid for a grand prix racing Bugatti.

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UPDATE: The Bugatti failed to sell after reaching a high bid of $2,750,000 – not reaching it’s estimate of $3,500,000-$4,500,000 US.

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