News release from Centennial Auctions, concerning its July 17
auction where five Uncirculated 1936 York County, Maine,
Tercentenary half dollars, purchased by their original owner at the
time of their initial release, were offered, none graded or
encapsulated by a third-party grading service:
Auctions, North Conway, New Hampshire, sold a group of five
original Uncirculated 1936 York County Commemorative 50¢ coins for
$17,825 at a recent auction in Nashua, New Hampshire.
Centennial had sold the family coin collection a year ago, and these
additional coins were recently found hidden away in the back of a
dresser drawer. No one knew they were there. The items had been
purchased over 80 years ago, and their whereabouts remained a mystery
until this spring. Housed in a York National Bank, Saco, Maine, folder
with the historical description, they were recently rediscovered when
the home was being cleaned.
The family was not sure if they were worth anything. Bidding began
at $8,000 at the auction, after numerous interested parties made
absentee bids. Lead auctioneer Steve Schofield stated “I knew that the
coins were exceptional, but never expected this kind of result. It
shows the power of an auction. The family is still amazed at the
price.” Each coin was superbly toned and quite beautiful. Most
attendees at the sale were wowed by the look of the group.
For additional information contact Centennial Auctions, North
Conway, NH at 603-356-5765, firstname.lastname@example.org or http://www.centennialauctions.com/.