NEW YORK – Gold fever is defined as the obsession with seeking gold ore. But why go to the effort and expense of mining this precious metal when copious amounts are readily available in a refined form in a Jasper52 auction taking place Wednesday, Sept 19? The online auction offers nearly 100 lots of gold coins and bullion. Absentee and Internet live bidding is available through LiveAuctioneers.
Gold coins – old and new – minted by the United States and countries around the world are offered.
The eagle is a $10 gold coin issued by the U.S. Mint from 1792 to 1933. A 1909-S Indian Head $10 eagle gold coin (below) graded VF is offered in the auction and is expected to sell for $800-$1,000.
From czarist Russia is an 1899 10 rouble gold coin, which pictures Emperor Nicholas II (est. $500-$600). Russian gold ruble coins minted under Nicholas II are the only gold coins of Central and Eastern Europe dating back to the late 19th-early 20th century prized for their excellent quality.
Famous in modern times is the South African noncirculating 1-ounce gold coin, the Krugerrand. An example in the auction dated 1978 has a $1,500-$2,000 estimate.
Most of the lots in the auction, however, are bullion fine bars, such as a 24K 50-gram sealed gold bar minted by either the Istanbul Gold Refinery or the Nadir Gold Refinery (below) in Turkey (est. $3,000-$3,500).
Also available from the Istanbul Gold Refinery are 1-ounce sealed gold coins (est. $1,500-$2,000).
More than three dozen lots of silver bullion are also offered in the sale.
The auction will begin Wednesday, Sept. 19, beginning at 8 p.m. Eastern Time.