A rare gold coin struck by the last independent Pharaoh of Ancient Egypt sold for astaggering $245,000 as strong demand for rare and important ancient, world and British coins drove prices inClassical Numismatic Group's Triton XXVII Auction, held live in New York City and online January 9-10, 2024, todouble the $5.5 million presale estimate, reaching a total of $11.1 million for the 1300-lot offering.

Two follow-up internet auctions, Triton XXVII Sessions 5 and 6, held January 17-18, also better thandoubled their presale estimates to bring the total, bringing the total two-week haul to $12.5 million.

The overall results point to continued strength in the market for top-quality ancient Greek, Roman,Byzantine, World and English coins, said David Michaels, CNG's director of consignments and shows. he noted.

The Egyptian gold stater, lot 366, was struck by Nektanebo II, Pharaoh from 361 to 343 BC, hadstamped on its surfaces the hieroglyphic symbols of a horse prancing right and a pectoral necklace drapedaround a human heart, translated as in the ancient Egyptian language. The rare coin is the onlygold piece struck by the Pharaonic state during a brief revival of native rule before it was reconquered by thePersian Empire.

Many other ancient Greek coins also far exceeded their presale estimates, including lot 119, a silverstater of Abdera depicting an artistic rendering of the which reached $171,500; lot 74, abeautiful gold stater of Syracuse in Sicily pedigreed to the famous Garrett Collection, which attained $122,500;and lot 83, a large silver oktadrachm of the Syracusan king Hieron II, which brought $91,850 after spiritedbidding. All prices quoted include the 22.5% buyer's premium.

Ancient Roman coins made another strong showing, including lot 719, a type goldaureus of the Emperor Vespasian, which reached a stratospheric $159,250; lot 818, a dynastic gold aureus ofthe Roman Emperor Caracalla depicting his parents Septimius Severus and Julia Domna on the reverse, whichbrought $79,625; and lot 476, a beautiful silver cistophorus of Augustus Caesar depicting the emperor's signetring seal, a winged sphinx, on the reverse, which achieved $67,375.

World coins also showed continued strength, highlighted by a trio of coins struck by the MughalEmperor Jahangir, who ruled India 1605-1627. These included lot 1139, a gold mohur depicting theastrological sign Gemini the twins, which brought $91,875; lot 1137, a second Zodiacal issue showing Taurusthe Bull, which achieved $70,437; and lot 1136, a issue depicting the emperor drinking from awine cup, which reached $61,250. Outstanding British coin results included lot 1285, a pristine gold Noble ofEdward III, which brought $42,875, and lot 1305, a gold 5 guineas of Charles II dated 1679, which reached$36,750.

These results bode extremely well for CNG's next Feature Auction, CNG 126, scheduled for May 28-29,2024, Michaels said. he added.

Classical Numismatic Group LLC is the foremost U.S. numismatic firm dealing in Ancient, World andBritish coinage. For more information about consigning to CNG Feature Auction 127, or to receive a printedcatalog of the sale, write to CNG@cngcoins.com or call (717) 390-9194.

To read the earlier E-Sylum article, see:
CNG TRITON XXVII SALE(https://www.coinbooks.org/v26/esylum_v26n51a20.html)