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PRESS RELEASE Auction 190-193, 11.-14.10.

1 PRESS RELEASE Auction , , Preliminary Report October 11 th -14 th, 2010, Gorny & Mosch, Auction From October 11 th till 14 th the Munich company Gorny & Mosch Giessener Münzhandlung will conduct auctions in their own office. The total estimate sums up to 3.8 million Euros. Nearly lots will be offered to those who bid in writing, on the floor or via the Internet as live bidders. Internet users are requested to register under the following address: Auction 191 Ancient coins - high-quality Monday starts off with high-quality ancient coins. Roughly 600 pieces with a total estimate of 1.1 million Euros are offered for sale with an emphasis on Greek coinage. In this section, the connoisseur as always finds carefully selected collectibles that stand out due to grade, style, historical significance and rarity. To take one example: one of the rare alliance coins issued by Croton together with Temesa. The tripod on this extremely rare and very fine nomos stands for Croton, the Corinthian helmet for Temesa (no. 41 / estimate: 15,000 Euros). The good very fine tetradrachm from Katane with the head of Apollo slightly turned signed by Herakleidas is something of a bargain (no. 50 / estimate: 8,000 Euros). Of course without parallel is the tetradrachm from the Macedonian Amphipolis, likewise with the head of Apollo slightly turned. The extremely fine masterpiece pleases the eye of every admirer of late Classical style (no. 117 / estimate: 75,000 Euros). The highly beautiful, very early owl of Athens of finest late Archaic style surely will attract much attention, too (no. 207 / estimate: 4,000 Euros). Likewise very popular is the early electrum of which Gorny & Mosch offers a nice series. A rare trite of the Milesian standard depicting the protome of a jumping ram on its reverse stands out. It is the third example known to exist (no. 247 / estimate: 5,000 Euros). Asia Minor with its many rarities such as an extremely fine stephanephoric tetradrachm from Alabanda (no. 275 / estimate: 6,000 Euros) or a gold quarter stater from the island of Rhodes (no. 285 / estimate: 4,500 Euros) leads the way to the empires of the Seleucids and the Ptolemies. The connoisseur finds intriguing items here as well, such as a magnificent portrait of Seleucus II on a tetradrachm of a variant most possibly unpublished so far (no. 333 / estimate: 5,000 Euros) or Egyptian gold including an oktodrachm for Ptolemy IV in brilliant uncirculated (no. 389 / estimate: 10,000 Euros). 1

2 As always, Gorny & Mosch focuses on Roman provincial coinages. To state but one example: the extremely fine bronze probably with the best portrait of Poppaea (no. 406 / estimate: 2,000 Euros). The Roman section likewise contains many rarities like an extremely fine aureus of Vibius Varus, minted in 42 (no. 439 / estimate: 7,500 Euros), a perfect denarius of Augustus of the Aegypto Capta type (no. 444 / estimate: 6,000 Euros) or an extremely rare and historically significant piece from the Civil War issued in A. D. 69 by the followers of Vitellius in Southern Gaul (no. 467A / estimate: 3,000 Euros). There are plenty of desirable pieces that deserve mention, too like an enigmatic aureus of Hadrian whose juvenile portrait does not correspond to the later reverse type (no. 492 / estimate: 8,000 Euros), a bronze medallion of Commodos (no. 508 / estimate: 10,000 Euros) depicting a port either the one in Ostia or the Alexandrian one or a perfect antoninian of Dryantilla minted in Carnuntum (no. 539 / estimate: 7,500 Euros). Every aesthete and admirer of ancient art will enjoy browsing through the catalogue. Auction 191 Ancient coins and lots However, many will favour Gorny & Mosch s second catalogue, which according to tradition offers reasonably priced pieces. It has something for everyone: roughly 60 Celtic coins, roughly 600 Greek ones and almost 200 Roman provincial coins are on offer plus approximately 120 lots from the time of the Roman Republic and roughly 500 lots of Roman coins made of gold, silver and bronze. Not to omit the almost 200 Byzantine coins including several bronzes and lead seals. The extraordinarily well assembled series of Thracian rulers and dynasts stands out. In addition, there is a nice series of sling leads with illustrations and legends. The attraction as customary is the roughly 100 lots. Gorny & Mosch try to provide interesting and varying items at a favourable price. Auction 192 Medieval and modern coins September 13 th is devoted to coins and medals from Medieval and Modern Times. The collector finds a nice selection of intriguing coinages including many a rarity. On offer are 1,200 lots with a total estimate of 800,000 Euros. Worth remarking are the well assembled lots with reasonable estimates listed in the relevant sections. After a few Medieval lots Germany starts. As always, Bavaria is well represented. To mention only a few examples: a fine series of historical talers and double talers, a Danube-gold ducat from 1830 in 2

3 about brilliant uncirculated (no / estimate: 7,500 Euros) and a crown from 1857 of the same grade (no / estimate: 12,500 Euros). A big rarity is the 15-ducats piece of the Wroclaw bishop Charles Ferdinand Vasa from 1631 that will be offered for sale in good very fine (no / estimate: 25,000 Euros). Many Bavarian collectors will be pleased about the small and very fine selection of coins from Regensburg, for example the very rare and extremely fine double taler n. d. with the Davenport number 2611 (no / estimate: 5,500 Euros). The range of Saxon pieces is noteworthy, too. To single out only one: an about extremely fine and extremely rare 9 ducats from 1630 manufactured in celebration of the Augsburg Confession centenary (no / estimate: 7,500 Euros). Especially impressive are the extremely rare gold coins that are on offer as part of a Würzburg series including a 5 ducats 1702 (no / estimate: 17,500 Euros), a karolin from 1735, minted in Nuremberg (no / estimate: 15,000 Euros) and a golden New Year s gulden from 1809, minted in Munich (no / estimate: 6,000 Euros). All three exemplars are graded extremely fine to brilliant uncirculated. Roughly 200 lots Germany after 1871 succeed including quite a number of rarities such as a good extremely fine Bavarian 20 Marks from 1914, J (no / estimate: 3,500 Euros), a likewise good extremely fine 10 Marks from Saxe-Meiningen from 1898, J. 278 (no / estimate: 3,500 Euros) and a white gold pattern of a 10 Marks of the GDR from 1895 in PR, whose mintage was just 266 pieces (no / estimate: 4,500 Euros). A big series of approximately 100 lots of medals deserve mention as well with several pieces made by the medallist Goetz and on aviation with an emphasis on Zeppelin. Seven lots with coin balances and weights are followed by Austria-Hungary with such offers as the unique poltura from 1705 from the Hungarian Kuruc Rebellion (no / estimate: 2,000 Euros), an extremely rare ducat from Transylvanian Hermannstadt from 1605 with the title of Rudolf II (no / estimate: 5,000 Euros), a small series of Salzburg and 11 lots featuring Friesacher Pfennige. Highlight of the roughly 300 lots of European coins and medals is a Belgian pattern of the 40-francs piece from 1841 in about brilliant uncirculated. The mintage was c. 10 pieces (no / estimate: 40,000 Euros). Also significant is a series of approximately 100 lots of Italian coins with many rarities such as a mint state gold medal from 1930, issued to celebrate the 2000 th anniversary of the death of the poet Virgil (no / estimate: 4,500 Euros) plus an unspectacular but nice range of Swedish medals. 3

4 Poland is present with several patterns that are likely to yield interesting results like the ones in the previous years. Asian, African and American coins follow before a fascinating series of coins from Georgia lead the way to pieces from the Islamic World. Some lots conclude the auction. Auction 193 Russian coins Gorny & Mosch was the first German auction house conducting special auctions on Russian coins on a regular basis. This time, too, a special catalogue was put together ranging from silver bars in the shape of a barge from the end of the 14 th century to the modern issues from the Soviet Union. The auction will commence with a collection of silver commemorative coins from the Moldavian Republic of Transnistria that are usually extremely hard to come by on the market. The connoisseur will come across several rarities such as an extremely fine and very rare ducat of Peter II from 1729 from the Red mint in Moscow (no / estimate: 12,500 Euros). Several spectacular coinages at once were produced under Tsarina Elisabeth like two 10 ruble pieces from St. Petersburg, the first from 1756 (no / estimate: 20,000 Euros), the second from 1757 with a portrait of B. Scott (no. 5107A / estimate: 30,000 Euros) and a 5 rubles from 1756 from St. Petersburg (no / estimate: 25,000 Euros). The coinage of her successor requires a bigger purse, too. On offer are a 10 rubles (no / estimate: 50,000 Euros) and a 5 ruble piece (no / estimate: 35,000 Euros), both were minted in 1762 in St. Petersburg and are graded extremely fine to brilliant uncirculated. Of the utmost rarity and historically most interesting are some coinages that were made in 1787 in the Feodosia mint. Auction 193 presents no less than three extremely fine copies of an emission that possibly was issued in the absence of Tsarina Catherine II (nos / estimate: 5,000 Euros each). The highlight of the offered lots from the reign of Alexander I is a rare copy of an order of St. Anne of the first model with a cross of the 3 rd class (no / estimate: 50,000 Euros). Last but not least the two gold patterns of the 10 and 5 groszy piece, respectively, from 1840 produced in the Warsaw mint. These extremely rare copies both brilliant uncirculated come with an expert report of the State Historical Museum Moscow (nos and 5332 / estimate: 5,000 Euros each). The present preview is concluded by three medals from the 19 th century: a gold commemorative medal worth 30 ducats, in celebration of the coronation of Alexander III in 1883 (no / estimate: 15,000 Euros), a silver medal to Commanders of the Kexholm from 1898 (no / estimate: 15,000 Euros) and a gold achievement medal of the Imperial Russian Archaeological Society awarded to Niklas Ivan Petrov (no / estimate: 12,500 Euros). 4

5 All catalogues can be viewed on the internet at and ordered at Gorny & Mosch, Giessener Münzhandlung,, D Munich, pone +49 / (0)89 / , fax +49 / (0)89 / Captions: No. 41: CROTON (Bruttium). Alliance coin with Temesa. Didrachm, c. 510 B. C. Attianese, Kroton 29 (same die). Very rare. Very fine. Estimate: 15,000 Euros No. 117: AMPHIPOLIS (Macedonia). Tetradrachm, c. 369/8 B.C. SNG Lockett 1299 (same die). Magnificent style, finely toned. Extremely fine. Estimate: 75,000 Euros No. 247: IONIA. Trite of the Milesian standard, about 550 B. C. Mignucci, SM 42, vol. 166, 42 et seq., fig. 3. Third example known to exist! Very fine. No. 275: ALABANDA (Caria). Tetradrachm, SNG Keckman 5. Fine specimen, FDC. Estimate: 5,000 Euros Estimate: 6,000 Euros No. 389: PTOLEMY IV (Egypt). Oktodrachm, Alexandria. Svoronos Brilliant uncirculated. No. 400: KIOS (Bithynia). Antinoos. Bronze medallion. RG 318, no. 37. Very fine. No. 467A: CIVIL WAR. Denarius, 69, Southern Gaul. RIC 128. Extremely fine. Estimate: 10,000 Euros Estimate: 7,000 Euros Estimate: 3,000 Euros No. 492: HADRIAN, Aureus, posthumously under Antoninus Pius? RIC 204b. Extraordinary, portrait hotly disputed! About extremely fine. Estimate: 8,000 Euros No. 3109: BAVARIA. Maximilian II, Crown AKS 140. About brilliant uncirculated. 5

6 Estimate: 12,500 Euros No. 3234: REGENSBURG. Double taler n. d. Dav Extremely fine. Estimate: 5,500 Euros No. 3290: WÜRZBURG. Johann Philipp II Greiffenklau von Vollraths, ducats Fr Extremely fine to brilliant uncirculated. Estimate: 17,500 Euros No. 3494: GDR. 10 Marks (white gold pattern) 1895A. With certificate of authenticity. J. 1603P1b. Proof. No. 3637: HUNGARY. Kuruc Rebellion, Poltura, Unique? Very fine. Estimate: 4,500 Euros Estimate: 2,000 Euros No. 3704: BELGIUM. Leopold I, francs Pattern with inscribed edge. Mintage c. 10 pieces. About brilliant uncirculated. Estimate: 40,000 Euros No. 3917: POLAND. Republic, zlotych, Single-sided sample of the reverse on a copper planchet. Unique. No. 4044: USA. 20 dollars, Saint Gaudens type. Fr Extremely fine. No. 5075: PETER II. Ducat, 1729, Red mint Moscow. Bitkin 51. Extremely fine. Estimate: 2,500 Euros Estimate: 8,000 Euros Estimate: 12,500 Euros No. 5107A: ELIZABETH. 10 rubles, 1757, St. Petersburg. Portrait of B. Scott. Bitkin 77. Extremely fine to brilliant uncirculated. Estimate: 30,000 Euros 6

7 No. 5144: PETER III. 10 rubles, 1762, Saint Petersburg. Bitkin 1. Extremely fine to brilliant uncirculated. Estimate: 50,000 Euros No. 5212: CATHERINE II for Crimea. 20 AR kopeks, 1787, Feodosia. Konros 440. Extremely fine. Estimate: 5,000 Euros No. 5236: ALEXANDER I. Order (after 1815) of St. Anne. 1 st model, cross 3 rd class. Volpe 1, p Extraordinary quality. Estimate: 50,000 Euros No. 5331: NIKLAS I for Poland. Gold pattern of 10 groszy, 1814, Warsaw. Bitkin cf Fine specimen. Estimate: 5,000 Euros No. 5415: NIKLAS II. Silver medal to Commanders of the Kexholm 1898 with yellow-blue sash, unsigned, in celebration of the jubilee of Franz Joseph I Emperor of Austria. 50 Jahre Regierung and his protectorate over the Life-Guards Kexholm regiment. Bitkin 866. Mintage: 100 pieces. Extremely fine. Estimate: 15,000 Euros No. 5416: NIKLAS II. Gold achievement medal n. d. (awarded in March 1898 to Niklas Ivan Petrov) of the Imperial Russian Archaeological Society. Diakov Mint state. Estimate: 12,500 Euros 7

From antiquity right through to the present day top prices fetched at Gorny & Mosch

PRESS RELEASE Auctions 207 209, 05.02.2012, Follow up Report From antiquity right through to the present day top prices fetched at Gorny & Mosch From the gold stater of King Croesus for 63,250 EUR right