Heritage Auctions Posts ‘Best Ever’ Year In 2014, With Almost $1 Billion in Sales
The first 2 weeks of the year are incredibly active for the world numismatic market - while most Australian collectors are resting on a beach or recovering from their Christmas break, the US collector market is in absolute full swing.
The NYINC (New York International Numismatic Convention) is being held this week - it is a huge numismatic event that has a range of auctions held in conjunction with it.
Heritage Auction Galleries is just one of the numismatic auction firms that participates in it, from memory they sold US$75 million in the first week of 2014 alone…
Heritage really is a powerhouse in the world collectibles market (not just coins, but a range of related tangible assets), sales volume that touches US$1 billion clearly confirms that!
More and more Australian numismatic items are being handled by them - whether consigned by Australian vendors for the world market, non-Australian vendors for the Australian market or any variation of the above, that is irrelevant. What we need to take from this is that these coins (and notes) are being handled by auctioneers outside Australia. Clear evidence of the internationalization of numismatics.