On May 18, China Guardian held a Stamps and Covers, Banknote and coins auction which achieved a turnover of 77.7 million yuan. The previous painting, porcelain, contemporary artworks, rare books, jewelry and watches auction, brought in a total of 2.571 billion yuan. China Guardian successfully accomplished its spring auctions with a turnover of RMB 2.648 billion. Twenty years ago, on the same day, China Guardian was founded. This spring auction was a great success and a special gift for China Guardian's own 20th birthday.
During this auction, China Guardian launched for the first time a special section. All the lots of this section were gathered from foreign collectors, including letters, manuscripts and signed photos of Napoleon, Theodore Roosevelt, Eisenhower, Mike Arthur, Einstein, Audrey Hepburn, Walt Disney and other celebrities. All twenty-two lots of this section were sold out. The letter written by Napoleon to his adopted son was sold for just over 3 million yuan, 50 times the estimated price.
Guo Xueguang, the general manager of China Guardian Stamps and Coins Department, said "The results are out of our expectation. From the enthusiastic reactions of the collectors, we can figure out that any lot with a historic and cultural significance is of great value."
Napoleon's two-page letter to his adopted son was written on Feb. 16th, 1806 in French. Napoleon was crowned as the king of Italy on May 26th, 1805. In this letter, he instructed his son to pay the Italian army with the taxes the country had collected. He listed in detail on the first page the amount of money need to be settled of each district and elaborated that he wanted to expand the army and organize a fleet. There is a well-persevered full-name signature by Napoleon himself on the second page which is very rare.
The music score manuscript of Helen in Egypt by Richard Strauss in this section was sold for 368 thousand yuan; the letter written by the great Irish writer George Bernard Shaw in 1946 to employees in an international news photo agency was sold at 402.5 thousand yuan.
The rare stamps, coins and banknotes preserved by famous collectors attracted a huge amount of attention from all the auctioneers. A stamp originally on the letter from Khovd to Beijing in the Republic of China collected by He Congpei was sold at 1.36 million yuan, six times its estimated price.
The cultural revolutionary styled stamps are still welcomed by collectors. The four rare "Long Live Complete Victory of the Great Cultural Revolution" stamps (unissued) with lower and left margins were sold at 6.67 million yuan. Two "Whole Country is Red Stamps" (revoked issue) were sold at 2.3 million yuan.
The coins session also harvested a lot with a close rate of 92 percent and turnover of just over 29 million yuan. The clusters of coins preserved by collectors of the Republic of China and copperplate printing from the Ming Dynasty (1368-1644) were in the spotlight. A cluster of coins made in the Qing Dynasty (1644-1911) were sold for 695.75 thousand yuan.
Besides the celebrity collection, there were other special coin sessions at this spring auction. A rare group of 300 "崇寧通寶" coins including all the precious coins of "崇寧通寶" and preserving the essence of calligraphy from the Song Dynasty (960-1279) was sold at 1.7 million yuan.
Moreover, many precious treasures were present at this spring auction. "Bronze Coin with '天眷通寶' on Obverse, Two Cash" from the Jin Dynasty (265-420) which was sold at a 2007 spring auction for 1.34 million yuan appeared this time and was sold for 2.42 million yuan. Rare "Bronze Coin with '元德重寶' on Obverse, Two Cash" of Xixia Dynasty(1038-1227) was sold for 920 thousand yuan.
In the banknote session, well-known collector Wang Shiping introduced a series of precious banknotes for the 20th birthday of China Guardian. Among them, a banknote from the Xianfeng period, Qing Dynasty was sold for 460 thousand yuan.
In the gold and silver coins session, a Tai Ching Silver Pattern Coin, Hsuan Tung 3rd Year, 50 Cents (LM39), 1911, UNC was sold for 989 thousand yuan; a Southern Song Period, Silver Sycee 50-tael, Rare, VF was sold at 460 thousand yuan; a Cooper Gold Standard Pattern Coin of Sun Yat Sen, Republic of China 21th Years, Reeded Edge, 1-dol1932, AU was sold at 414 thousand yuan.