Sunday, February 17, 2008

Polish Gold Rarity Over $1 Million

A Polish gold 100 ducats of Sigismund III sold for a record $1.38 million Jan. 14 as part of Stack's Kroisos collection auction.

This price is a new high for a world coin.

The 1621 Polish 100 ducats is one of only two or three known in private hands, according to catalogers. One was presented to the pope by Sigismund III, sale catalogers said.

After heated bidding, the filled to-capacity Tansa Room of New York's Le Parker-Meridien Hotel erupted in applause as attendees cheered the winning bid.

The Stack's cataloger described the condition of the coin as follows . . .

Full story at: Link

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