Precious Metal Coins in Stephenson's Aug. 20 Auction are on Investors' Radar
Submitted by: Furniture Detective
Southampton, PA (OPENPRESS) August 20, 2010 -- When Wall Street heads south, investors head straight to precious metals - especially silver and gold coins like the ones to be auctioned by Stephenson's Auctioneers & Appraisers on Friday, Aug. 20th, commencing at 4 p.m. Eastern Time.
More than 500 lots will be offered in the sale, with the great majority being the types of coveted American gold and silver coins that are so highly sought after by today's collectors. Highlights among the gold issues are an 1899 $10 coin, as well as 1880-S, 1886-S, 1897 and 1881 $5 coins. Other important gold coins to be auctioned are 1905 and 1911 $2-1/2 coins, and 1883 $1 coin and U.S. Constitution coins.
Literally hundreds of Morgan and Peace silver dollars have been entered in the sale, including 1882, 1883, 1884 and 1890 CC (Carson City). Within the selection of half dollars are 30 Liberty head coins plus several large lots of rolled Walking Liberty and Ben Franklin halves.
The coin offering continues with Barber halves and quarters, 1875 and 1875-S 20-cent pieces, large cents, 2-cent pieces, 3-cent pieces and a lot consisting of 11 half-cents. Additionally, there are large quantities of Barber, Mercury and Roosevelt dimes; Buffalo nickels, and many mint and proof sets, including early proof sets from 1953, '54 and '55.
Pennywise buyers won't want to miss the selection of flying eagle and Indian-head cents or the Lincoln cent book spanning the years from 1909 through 1940 inclusive. The book is complete and includes an example of the scarce 1909-S VDB (the initials of designer Victor David Brenner).
"This is an auction that will present excellent buying opportunities both for the advanced collector and the newcomer," said Stephenson's owner and auctioneer, Cindy Stephenson. "Gold and silver coins stand apart from other types of popular collectibles in that they also have intrinsic value. They have a built-in hedge against inflation, since they're both a commodity and a monetary instrument."
All items in Stephenson's Aug. 20 Coin Auction will be available to inspect from 1-4 p.m. on auction day. The complimentary auction catalog may be viewed or downloaded online through Stephenson's Web site: www.stephensonsauction.com.
For questions regarding any lot in the sale, call 215-322-6182 or e-mail info@StephensonsAuction.com. The auction will take place in metro Philadelphia at 1005 Industrial Blvd., Southampton, Pa. The venue is easily accessible to major interstate freeways. Those who cannot attend in person may bid absentee, by fax or e-mail prior to the auction, or by phone either before or during the sale. Please arrange for phone line in advance of sale.
About Stephenson's Auctioneers & Appraisers
Family-owned Stephenson's Auctioneers & Appraisers is located near Philadelphia in Bucks County, Pennsylvania and is a full-service auction company that has been in business for nearly 50 years. Stephenson's knowledgeable, experienced staff members are known for their willingness to assist and their honesty in all dealings. The company conducts weekly and specialty auctions in a 5,000-square-foot, climate-controlled gallery, and holds on-site events if selling real estate or business/residential contents. Each auction season, Stephenson's produces an Antiques & Decorative Arts Auction that draws worldwide interest and heavy Internet bidding. Stephenson's is licensed, bonded and insured, and is a member of the SeniorChecked network.