Rare coin exceeds expectations and sells for £180,000 sale at auction
GLASGOW CITY, SCOTLAND, JUL 28 – The rare Congressional Gold Medal awarded after the Battle of Lake Champlain sold for £180,000, exceeding the £40,000-50,000 estimate, Noonans auction house reported.
- A Congressional Gold Medal awarded to Lieutenant Robert Henley, following orders from President James Madison after the Battle of Lake Champlain, fetched £180,000 at auction on Thursday, September 19, at Noonans Mayfair.
- The medal was awarded after the Battle of Lake Champlain by President James Madison, and its estimate of £40,000-50,000 was far exceeded by the hammer price.
- The auction featured rare historical items, including a silver medal awarded to Captain Isaac Hull for his role in the 1812 battle between the U.S.S. Constitution and H.M.S. Guerriere, as well as a 1652 oak tree shilling from Boston that sold for £44,000.
- Deputy Chairman Nimrod Dix remarked that this medal represents a remarkable and rare piece of Anglo-American heritage, highlighting that only a handful of Congressional gold naval medals—possibly as few as four—are known to survive.
- The sale demonstrates strong collector demand for rare naval and historical medals, highlighting their cultural and financial significance, alongside the unveiling of ancient coins dating back 2000 years that were found concealed within a rocky crevice in the heart of Israel.
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Rare coin exceeds expectations and sells for £180,000 sale at auction
It sold for £180,00 against an estimate of £40,000-50,000 at Noonans Mayfair on Thursday.
·Glasgow, United Kingdom
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