Auctioneer of shipwreck coins and artifacts Daniel Frank Sedwick has released the results of his Treasure Auction #3. This mail-bid auction surpassed predictions by grossing over $800,000 ($700,000 + 15%), with an unprecedented 92%+ of the lots sold.

Consignments for Sedwick’s next auction (Treasure Auction #4) in the fall of 2008 are already pouring in. One of the top highlights of the sale was a rare mariner’s astrolabe that sold for $28,750.00 (with buyer’s premium). Other major highlights include a Lima, Peru, cob 8 escudos of 1703 that sold for $17,250 and a Cartagena, Colombia, cob 2 escudos of 1622 (the first gold coin struck in the New World) that sold for $23,000 (both prices with buyer’s premium).

Images of lots and realized prices may be viewed on Daniel Sedwick’s Web site at www.SedwickCoins.com

For more information please contact Daniel Sedwick at info@sedwickcoins.com or by phone at (407) 975-3325, or by mail at P.O. Box 1964, Winter Park, FL, 32790.
Consignments for Treasure Auction #4, which is scheduled for late October or early November of 2008, must be received by July 31st.

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Posted: 06|26|08 at 9:59 am. Filed under: US Auction News.