- The Washington Times - Sunday, January 16, 2005

NEW YORK (AP) — Rare gold coins, the last treasures of a collector known as the “King of Coins,” went on pre-auction display last week after sitting undisturbed in a Baltimore bank vault for nearly a half-century.

The collection of more than 2,800 coins from ancient Rome and Greece, the rest of Europe, Latin America and Asia is valued at more than $5 million, said John Kraljevich Jr. of American Numismatic Rarities, which is conducting the auction.

The collection was assembled by Louis E. Eliasberg Sr., a prominent Baltimore banker who died in 1976. The auction will be held in New York on April 19 and 20; coins from the collection also will be available to the public in Long Beach, Calif., in February and in Baltimore in March.

Mr. Eliasberg, a native of Selma, Ala., began acquiring coins in 1934. By 1950, he had assembled a complete collection of regular-issue U.S. coins, comprising all known dates and mint marks, an accomplishment still unmatched.

His two sons inherited the collection. Coins from it have been sold in three auctions since 1982, realizing more than $45 million.

LOAD COMMENTS ()

 

Click to Read More

Click to Hide