While many collectors know of the monumental collection of U.S. coins
built by the Garrett family of Baltimore, lesser known is the Garrett
world coin collection.
A highlight of the collection, a gold stater from the Black Sea town
of Pantikapaion in ancient Greece, was also a highlight of Numismatica
Genevensis SA’s Nov. 24 and 25 auction.
The coin hammered for 370,000 Swiss francs ($381,259 U.S.) before
the buyer’s fee, which ranges from 17.5 to 19.5 percent depending on
The circa 350 B.C. coin was once owned by John Work Garrett,
president of the Baltimore & Ohio Railroad. He bequeathed the
collection, which had been built with two other family members, to the
Johns Hopkins University in 1942. The U.S. portion was consigned to
auction in the late 1970s and early 1980s. Bank Leu and Numismatic
Fine Arts jointly sold the Garrett Collection’s world offerings in
three auctions in 1984 and 1985.
Before residing in the Garrett Collection, the stater was also once
in the collection of Russia’s Grand Duke George Mikhailovich.
The coin shows the god Pan on the obverse with a griffon in a lion’s
body on the reverse. The gold used in the coin was imported to the
Crimea from the Ural Mountain region. These large staters were issued
only for a few decades before being discontinued, and thus are rare.
For complete details of the auction, visit the Numismatica
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