World Coins, Banknotes and Medals

October 22, 2026

18:30 CET

Conditions of Sale

By participating, registering, or obtaining a bidder number in one of David Feldman S.A.’s auctions, one agrees

to be bound by the terms and conditions set out below and by the rights and obligations arising therefrom.

These same terms and conditions apply to all transactions relating to lots forming part of the auction or

concluded outside the auction. DAVID FELDMAN S.A., organiser of this auction, acts exclusively as agent and

therefore assumes no liability whatsoever in the event of default(s) by buyers and/or sellers. The auction is

conducted in the name and on behalf of third-party sellers who are directly responsible to the exclusion of

DAVID FELDMAN S.A.

1.1

These terms and conditions may provide different rules depending on whether the item to which the auction

relates is a philatelic item or an item of another kind.

1.2

Lots are offered for sale based on their presentation in the catalogue and/or on the website: Lots are described

with the utmost care but without engaging the responsibility of DAVID FELDMAN S.A. Photographs form an

integral part of the descriptions.

1.3

There is no responsibility as to the condition of lots with a value of less than CHF 1’500 or its equivalent in

other currencies. The catalogue may mention damage to the lots sold but does not draw up an exhaustive list.

Bidders may consult the lot condition report, where available, either on the Internet or on request. Lots marked

with a square next to the lot number are subject to federal control of precious metals (CMP), whose report is

available on request.

1.4

DAVID FELDMAN SA organises one or more lot presentation days at a location in the Canton of Geneva or

elsewhere, prior to the sale, where buyers or their agents may examine all lots at the times indicated in the sale

catalogue or on our website. All visitors are liable, up to the average estimated price plus commission and VAT,

for any damage they cause, directly or indirectly, to the items and lots exhibited.

1.5

Buyers have had the opportunity to examine the lots prior to the sale and are deemed to have examined all the

lots purchased and to accept them in the condition in which they are found at the time of the auction,

irrespective of the description given in the catalogue. This description is given as an opinion only and does not

constitute any guarantee as to the authenticity of the items sold. Except in the case of a prior agreement with

David Feldman SA, no claims will be accepted; lots are sold as is. However, a separate rule applies to the sale of

philatelic items, which is defined by clause 3.10 of these general terms and conditions.

2. Auction bids

2.1

Each bid must be higher than the previous bid according to at least the following scale: (the currency may change

depending on the auction). Unless otherwise indicated in the catalogue and on the website, the Swiss franc is

presumed to be the currency of the sale.

50 - 100:

10’000 – 20’000:

1’000

100 - 200:

20’000 – 50’000:

2’000

200 - 500:

50’000 – 100’000:

5’000

500 – 1,000:

100’000 – 200’000:

10’000

1’000 – 2’000:

100

200’000 – 500’000:

20’000

2’000 – 5’000:

200

500’000 – 1’000’000:

50’000

5,000 - 10’000:

500

1’000’000 or more:

100’000

Bids between these amounts will be rounded up to the next higher bid.

2.2

Every bid constitutes a binding and irrevocable offer; the bidder remains committed to his/her offer until it is

expressly overbid or declined by the auctioneer.

2.3

Double bids are notified immediately, and the bidding process is restarted; if no higher bid is made, the auction is

decided by a draw; for equivalent bids from bidders present and absent, priority is given to the written bidder or

to the bidder personally present in the case of a telephone bid.

2.4

The hammer price may, exceptionally, be reduced to the lowest winning bid if it is established that the same

bidder has inadvertently increased the price by using more than one bidding method.

2.5

Telephone bids are only accepted if the bidders have registered in advance to bid in this way and are known to

DAVID FELDMAN S.A. who has been able to check their solvency. Buyers are charged an administrative fee.

2.6

Only buyers registered with DAVID FELDMAN S.A. who have obtained a bidder number may participate in the

auction. Upon request, they must provide proof of identity, address, and bank account details. Upon request,

DAVID FELDMAN S.A. reserves the right to limit the maximum bidding amount to certain buyers depending on

their financial capacity. For certain buyers, DAVID FELDMAN S.A. may even require the prior deposit of a financial

guarantee by credit card or bank transfer.

2.7

Written bids received by DAVID FELDMAN S.A. or on the website prior to the sale take precedence in all cases

over bids made in the auction room. They are firm and final. Bidders giving a written bidding order may make

alternative bids and/or limit the total amount of their bids. Bids given “to buy” may not exceed more than 10

times the value of the high estimate printed in the catalogue.

2.8

For auctions without an auctioneer, online bids are received by DAVID FELDMAN S.A. on its website. At the end

of the auction, at the precise time and minute, the lot is awarded to the highest bidder, at one step above the

next highest bid. If the last bidder has bid in the last fifteen seconds of the sale, the auction for this lot is

extended by fifteen seconds from the time the last bid was received.

2.9

All written bids are considered binding for 60 days after the auction date. DAVID FELDMAN S.A. is therefore

entitled to invoice the bidder for the goods until the expiry of this period. Any invoice received by the bidder is

therefore valid and must be paid immediately.

2.10

DAVID FELDMAN S.A. has the right to refuse bids, to separate, join or withdraw any lot at its sole discretion. The

sale will be conducted in English or French, but bids may be repeated in any other language. DAVID FELDMAN

S.A. is also authorised to bid on behalf of sellers where reserve prices have been set. If the seller sets reserve

prices for some of his/her lots, s/he will be deemed to be the buyer and DAVID FELDMAN S.A. will bid on his/her

behalf up to the reserve prices set. If the price set by the seller is not reached, the next lot will be auctioned.

3 The auction sale

3.1

Auction Representatives and Agents: The bidder assumes personal responsibility for his/her bid and cannot claim

that the purchase was made in the name or on behalf of a third party. The representative is jointly liable for the

person s/he represents for compliance with the obligations.

This responsibility extends particularly to checking the quality of the lots purchased and to the subsequent

payment of the invoice for the lots purchased.

Bidders who are personally present as representatives of third parties must communicate this unequivocally to

the auction management at the latest at the time of the auction.

3.2

Winning bids: Each lot is awarded to the highest bidder on behalf of its respective seller. In addition to the

hammer price, the buyer is charged a 24.5% buyer’s commission, plus VAT where applicable.

VAT of 8.1% is payable by the buyer on the hammer price as well as on the price of the purchase commission.

In the event of online purchases by buyers without going through the DAVID FELDMAN S.A. website, but via an

external online platform, buyers must pay DAVID FELDMAN S.A. an additional amount calculated on the

auction price.

For lots marked with a circle next to the lot number, VAT of 8.1% is payable on the buyer’s commission only.

3.3

VAT paid may be refunded upon presentation of proof of export. DAVID FELDMAN S.A. will charge an

administration fee of CHF 75.00.

Shipping costs will be invoiced separately.

Before the auction, buyers must obtain information on the administrative procedures for the export of lots and

their legality. Buyers are solely responsible for any such formalities after the auction. DAVID FELDMAN S.A. can

take care of this for a fee.

Transactions involving gold coins and fine gold within the meaning of art. 44 of the Federal Council Ordinance of

12 June 2009 on value added tax are exempt from VAT.

3.4

When the hammer falls, the profits and risks of the lots thus auctioned pass to the bidder whose bid has been

accepted. However, the goods will not be handed over to the buyer until the purchase price (hammer price plus

costs and VAT, if applicable) has been paid in full. Thus, the risks are transferred at the time of the auction.

Ownership passes to the buyer once the invoice has been paid in full and possession has been transferred.

3.5

At David FELDMAN S.A.’s request, sales must be officially acknowledged by signature.

3.6

Payment: Successful bidders are obliged to pay the purchase price, plus VAT if applicable, and the commission in

cash in the currency of the auction, against surrender of the goods purchased, within a maximum of 5 days of the

auction.

Fees charged to DAVID FELDMAN S.A. for credit card payments will be invoiced to the buyer. These vary from

1.5% to 5% depending on the credit card company.

Cash payments are only accepted up to CHF 100’000.

3.7

Payment arrangements: Upon prior request at least 10 days before the sale, DAVID FELDMAN S.A. may, at its

own discretion, grant payment arrangements to buyer. The buyer benefiting from such arrangements will pay a

minimum amount of 25% of the total invoice within a maximum of 5 days from the date of the sale and will then

pay the balance in equal monthly instalments over a maximum period of 4 months. Monthly interest plus costs

incurred at the rate of 1% is charged by and on behalf of DAVID FELDMAN SA from the date of the sale. Interest is

debited monthly to the customer’s account. In general, no lot is delivered without full payment of the hammer

price, the sales commission and, if applicable, VAT.

3.8

Late payment: Payment must be made in cash as soon as the lot is sold. Any buyer who has not paid the hammer

price and the commission due in full within a maximum of 5 days of the sale is already in default of payment. In

the event of default by the buyer, DAVID FELDMAN S.A. reserves the right (1) to cancel the sale and dispose of

the lot(s) concerned and to take legal action against the buyer in order to obtain payment of an indemnity of

24.5% of the hammer price and full payment of the commission due plus interest of at least 1% per month or (2)

to enforce the seller’s lien in accordance with the above provisions. In addition, expenses incurred by DAVID

FELDMAN S.A. in the performance of its obligations hereunder shall be levied in addition on all sums due from

the buyer. In addition, the defaulting debtor loses all rights of complaint.

3.9

Right of lien: Until full payment of the amounts due, the buyer grants DAVID FELDMAN S.A., acting on behalf of

the Seller, a right of lien on all lots sold but not delivered. This lien guarantees the payment of any amount due

past and present, such as the hammer price, the purchase commission, possible VAT, interest, and possible costs.

After notice from the buyer, DAVID FELDMAN S.A. is authorised, but not obliged, to realise the pledges without

further formalities and without notice if the buyer is in default for the payment of his/her debt or the fulfilment

of any obligation. DAVID FELDMAN S.A. may in all cases realise the liens by mutual agreement.

To this end, DAVID FELDMAN S.A. is not obliged to comply with the procedures specified in the Federal Debt

Collection and Bankruptcy Act; DAVID FELDMAN S.A. is also free to initiate or continue ordinary debt collection

proceedings without first realising the liens and without thereby waiving them.

If the realisation of the lien does not cover the amounts owed by the Buyer, DAVID FELDMAN S.A. is entitled to

sue the Buyer for the difference.

3.10

Appraisal or counter-appraisal in the context of the sale of philatelic items only: DAVID FELDMAN S.A. may attach

an appraisal to the description of philatelic items, the report of which forms an integral part of the description of

the lots, which may be obtained on request. When the authenticity of a lot of philatelic objects is contested, the

buyer must produce a certificate of expertise or counter-expertise from a qualified expert justifying his/her claim,

within 30 days of the date of the auction. If the recognized expert, who assumes all responsibility in the event of

error, deems that the item has been falsified, s/he may mark it accordingly; the signs “FAKE” or “FORGED” do not

then constitute an alteration to the batch of philatelic items.

In the event of such a claim, DAVID FELDMAN S.A. reserves the right to request, at its discretion, one or more

subsequent expert appraisals, the costs of which will be borne by the seller if the buyer’s claim is well-founded. If

the buyer’s claim is unfounded, the buyer will bear all the costs incurred. If the claim is well-founded, the lot of

philatelic objects will be taken back, and the auction price and commission will be reimbursed in full to the buyer.

In the event of delayed payment due to an appraisal approved by David Feldman S.A., interest is payable at 50%

of the usual rate for any lot of philatelic objects whose authenticity is confirmed. If DAVID FELDMAN S.A. does

not agree, all interest will be due. Buyers may request an extension for certification at the time of adjudication

only. For lots with a hammer price of 5’000 or more in the currency of the auction, DFSA will charge a flat

handling fee of CHF 100 per item, plus the cost of the certificate. For all other lots DFSA will charge a flat handling

fee of CHF 200 per item, plus the cost of the certificate.

3.11

Limits of the guarantee: Batch items described as collections, selections, or groups, those consisting of duplicates

and accumulations, cannot be the subject of any claim whatsoever. Claims concerning lots of items described as

sets or groups of sets containing more than one stamp will only be considered within the limits of the above

article if they relate to more than one third of the total acquisition value of the lot. Lots of items which have been

examined by the purchaser or his/her agent, as well as lots of philatelic items which are described as having

defects, may not be the subject of any claim in respect thereof. No claim may be made in respect of perforation,

centring, margins, or any other feature visible in the illustration of any illustrated batch of items.

3.12

All lots awarded must be removed after the auction by the purchasers within 5 days, at the purchasers’ cost and

expense. No lot may be picked up during the auction. Any lot not collected within 5 days by the buyers will be

transported at the buyer’s own risk to a storage location defined by DAVID FELDMAN S.A. and communicated to

the buyers. Storage charges of at least CHF 75.00 plus VAT per month started and per item will be charged in

addition to the costs relating to the transport of the goods to the storage location.

Lots not picked up will be stored at the buyers’ expense for a maximum of 6 months.

After this period, the lots will become the property of DAVID FELDMAN S.A., without eliminating the buyer’s

financial obligation hereunder.

Upon request, DAVID FELDMAN S.A. directly or through a third party, can arrange transport or delivery against

payment of this service in advance. Under no circumstances will DAVID FELDMAN S.A. or the third party be liable

for any damage to or loss of the items during transport or delivery.

4 Applicable law and jurisdiction

The present auction and all legal relationships arising from it shall be subject exclusively to Swiss law. Any legal

action or proceedings relating to the auction and the legal relationships arising therefrom shall be subject to

the exclusive jurisdiction of the courts of Geneva, subject to appeal to the Swiss Federal Court in Lausanne. In

any case, DAVID FELDMAN S.A. reserves the right to sue any defaulting buyer at his/her place of residence, in

which case Swiss Law remains applicable.

5 Miscellaneous

These General Terms and Conditions of Sale apply to all purchases and sales transactions with David Feldman SA

with participating bidders, even outside of auctions.

These Terms and Conditions of Sale have been drawn up in French and are accompanied by an English

translation. In the event of any discrepancy between the English and French versions, the French text shall

prevail.

Buyer’s Conditions of Sale EN – Last rev. October 2026

Conditions Générales

Vente aux Enchères

La simple participation, l’enregistrement ou l’obtention d’un numéro pour enchérir dans l’une des ventes aux

enchères de David Feldman S.A. implique une adhésion totale aux conditions décrites ci-dessous ainsi qu’aux droits

et obligations qui en découlent. Ces mêmes conditions sont applicables à toute transaction en relation à des lots

faisant partie de la vente aux enchères ou conclue en dehors de celle-ci. DAVID FELDMAN S.A., organisatrice de la

présente vente aux enchères, agit exclusivement comme mandataire et n’assume donc aucune responsabilité

quelconque en cas de manquement(s) des acheteurs et/ou vendeurs. La vente aux enchères est faite au nom et pour le

compte de tiers vendeurs qui sont directement responsable à l’exclusion de DAVID FELDMAN S.A.

1.1

Les présentes conditions générales peuvent prévoir des régimes différents selon que l’objet concerné par la vente aux

enchères est un objet philatélique ou un bien mobilier d’une autre nature.

1.2

Les lots sont mis en vente sur la base de leur présentation dans le catalogue et/ou sur le site internet: Les lots sont

décrits avec le plus grand soin sans toutefois engager la responsabilité de DAVID FELDMAN S.A. Les photographies font

partie intégrante des descriptions.

1.3

Il n’a aucune responsabilité quant à l’état des lots d’une valeur inférieure à CHF 1’500.00 ou son équivalent en

d’autres devises. Le catalogue peut mentionner des dégâts sur les lots vendus, mais n’établit pas de liste exhaustive.

Les enchérisseurs peuvent consulter le rapport sur l’état du lot, lorsqu’il existe, soit sur internet, soit en faisant la

demande. Les lots portant un carré à côté du numéro du lot, sont soumis au contrôle fédéral des métaux précieux

(CMP) dont le rapport est disponible sur demande.

1.4

DAVID FELDMAN SA organise une ou plusieurs journées de présentation des lots dans un local sis dans le canton de

Genève ou ailleurs, avant la vente, où les acheteurs ou leurs agents peuvent examiner tous les lots aux horaires

indiqués dans le catalogue de vente ou sur notre site Internet. Tout visiteur est responsable à concurrence du prix

moyen d’estimation augmenté des commissions et TVA des dommages qu’il cause, de manière directe ou indirecte, aux

objets et lots exposés.

1.5

Les acheteurs, ayant eu la possibilité d’examiner les lots avant la vente, sont censés avoir examiné tous les lots achetés

et les accepter dans l’état où ils se trouvent lors de l’adjudication, indépendamment de la description figurant dans le

catalogue. Cette description n’est donnée qu’à titre d’opinion, et ne constitue aucune garantie quant à l’authenticité

des objets vendus. Sauf en cas d’accord avec David Feldman SA, aucune réclamation ne sera admise ; les lots sont

vendus en l’état. Cependant, un régime distinct est applicable pour la vente d’objets philatéliques, qui est défini par

l’art. 3.10 des présentes conditions générales.

2. Les offres d’enchères

2.1

Chaque offre d’enchère doit être supérieure à celle formulée précédemment au minimum selon l’échelle suivante: (la

monnaie peut changer selon la vente aux enchères) Sans indication contraire sur le catalogue et sur le site internet, le

franc suisse est présumé la monnaie de la vente.

50 - 100:

10’000 – 20’000:

1’000

100 - 200:

20’000 – 50’000:

2’000

200 - 500:

50’000 – 100’000:

5’000

500 – 1,000:

100’000 – 200’000:

10’000

1’000 – 2’000:

100

200’000 – 500’000:

20’000

2’000 – 5’000:

200

500’000 – 1’000’000:

50’000

5,000 - 10’000:

500

1’000’000 et plus:

100’000

Les offres se situant entre ces montants seront arrondies à la surenchère supérieure.

2.2

Toute enchère constitue une offre contraignante et irrévocable ; l’enchérisseur reste engagé vis-à-vis de son offre tant

que celle-ci n’est pas expressément surenchérie ou déclinée par le commissaire-priseur.

2.3

Les offres doubles sont signalées immédiatement et entraînent une reprise du processus d’enchère ; si aucune

surenchère n’est faite, l’adjudication se fait par tirage au sort ; pour les offres équivalentes émanant d’enchérisseurs

présents et absents, l’adjudication se fait en priorité au donneur d’ordre écrit ou à l’enchérisseur personnellement

présent en cas d’offre téléphonique.

2.4

Le prix marteau pourra, exceptionnellement, être ramené à la mise gagnante la plus basse s’il est établi que le même

enchérisseur a augmenté le prix par inadvertance en utilisant plus d’un moyen de miser.

2.5

Les enchères par téléphone ne sont acceptées que pour autant que les acheteurs se sont enregistrés au préalablement

pour pouvoir miser sous cette forme et sont connus de DAVID FELDMAN S.A. qui a pu vérifier leur solvabilité. Un

émolument administratif est facturé aux acheteurs.

2.6

Seuls les acheteurs enregistrés auprès de DAVID FELDMAN S.A., ayant obtenu un numéro d’enchérisseur pourront

participer aux enchères. Sur demande, Ils devront fournir une pièce d’identité, une preuve de domicile et un compte

bancaire. Sur demande, DAVID FELDMAN S.A. se réserve le droit de limiter à certains acheteurs le montant maximum

possible pour enchérir en fonction de leur capacité financière. Pour certains acheteurs, DAVID FELDMAN S.A. peut

même exiger le dépôt préalable d’une garantie financière par carte de crédit ou par virement.

2.7

Les offres d’enchères écrites reçues par DAVID FELDMAN S.A. ou sur le site Internet avant la vente, sont dans tous les

cas prioritaires sur les offres d’enchères faites dans la salle de vente. Elles sont fermes et définitives. L’enchérisseur

donnant un ordre d’enchères écrit peut faire des offres alternatives et/ou limiter le montant global de ses offres. Les

offres d’enchères données «à acheter» ne peuvent pas dépasser plus de 10 fois la valeur de l’estimation haute

imprimée dans le catalogue.

2.8

Pour les ventes aux enchères sans commissaire-priseur, les offres d’enchères online sont reçues par DAVID FELDMAN

S.A. sur son site internet.

Au moment de la fin de l’enchère, à l’heure et à la minute précise, le lot est adjudiqué à l’enchérisseur ayant émis l’offre

la plus élevée. Dans le cas où le dernier enchérisseur a enchéri dans les quinze dernières secondes de la vente, la vente

aux enchères pour ce lot est prolongée de quinze secondes depuis la réception de la dernière offre.

2.9

Toute offre écrite d’enchères est considérée comme liant son auteur pendant 60 jours après la date de la vente aux

enchères. DAVID FELDMAN S.A. est donc en droit de facturer la marchandise à l’enchérisseur jusqu’à l’expiration de ce

délai. Toute facture reçue par celui-ci est de ce fait valable et doit être payée immédiatement.

2.10

DAVID FELDMAN S.A. a le droit de refuser des enchères, de séparer, joindre ou retirer n’importe quel lot, cela à son

entière discrétion. La vente a lieu en français ou en anglais mais les enchères pourront être répétées dans toute autre

langue. DAVID FELDMAN S.A. est également autorisée à enchérir pour le compte de vendeurs lorsque des prix de

réserve ont été fixés. Si le vendeur fixe des prix de réserve pour certains lots, il sera alors considéré comme acheteur et

DAVID FELDMAN S.A enchérira pour le compte de celui-ci jusqu’à concurrence des prix de réserve fixés. Lorsque le prix

fixé par le vendeur n’est pas atteint, il sera passé à la criée du lot suivant.

3 La vente aux enchères

3.1

Représentants et Agents de Vente aux Enchères: L’enchérisseur assume personnellement la responsabilité de son

enchère et ne peut pas faire valoir que l’acquisition a été effectuée au nom ou pour le compte de tiers. Le représentant

est solidairement responsable de celui qu’il représente pour le respect des obligations.

Cette responsabilité s’étend notamment à la vérification de la qualité des lots achetés ainsi qu’au règlement ultérieur

de la facture des lots acquis.

Les enchérisseurs personnellement présents au titre de représentants de tiers doivent le communiquer sans équivoque

à la direction de la vente aux enchères au plus tard au moment de l’adjudication.

3.2

Enchères gagnantes : Chaque lot est adjugé au plus offrant pour le compte de son vendeur respectif. En plus du prix de

marteau, il sera facturé à l’acheteur une commission d’achat de 24.5 %, et la TVA applicable, le cas échéant.

Une TVA de 8,1 % est due par l’acheteur sur le prix adjugé ainsi que sur le prix de la commission d’achat. En cas

d’achat en ligne par les acheteurs sans passer par le site de David Feldman S.A, mais via une plateforme online

externe, les acheteurs doivent s’acquitter à l’égard de David Feldman SA d’un montant supplémentaire calculé sur le

prix d’adjudication.

Pour les lots marqués d’un rond à côté du numéro du lot, la TVA de 8,1 % est due par l’acheteur uniquement sur la

commission d’achat susmentionnée.

3.3

La TVA payée peut être remboursée sur présentation de la preuve d’exportation. DAVID FELDMAN S.A. chargera un

montant de CHF 75.00 à titre de frais administratif.

Les frais de port seront facturés en sus, séparément.

Les acheteurs doivent se renseigner avant la vente aux enchères sur les démarches administratives pour l’exportation

des lots, ainsi que leur légalité. Ils sont seuls responsables dédites démarches après l’adjudication. DAVID Feldman S.A.

peut s’en occuper moyennant une compensation financière.

Les opérations portant sur les monnaies d’or et l’or fin au sens de l’art. 44 de l’Ordonnance du Conseil fédéral du 12 juin

2009 régissant la taxe sur la valeur ajoutée sont exonérées de TVA.

3.4

À la tombée du marteau, les profits et les risques des lots ainsi adjugés passent à l’enchérisseur dont l’offre a été

acceptée. La marchandise ne sera cependant remise à l’acquéreur qu’au moment du règlement intégral du prix d’achat

(prix marteau plus les frais et le cas échéant TVA). Ainsi, les risques sont transférés au moment de l’adjudication. La

propriété passe à l’acquéreur une fois l’intégralité de la facture payée et le transfert de possession.

3.5

Sur demande de David Feldman SA, les adjudications doivent être reconnues officiellement par signature.

3.6

Paiement: Les adjudicataires sont tenus de payer comptant dans la monnaie de la vente aux enchères le prix d’achat,

éventuellement augmenté de la TVA, ainsi que la commission contre remise de la marchandise acquise, et ce dans les 5

jours maximums dès l’adjudication.

Les frais facturés à DAVID FELDMAN S.A. pour les paiements par carte de crédit seront facturés à l’acheteur. Ils varient

de 1,5 % à 5 % en fonction des sociétés de carte de crédits.

Les paiements au comptant ne sont admis que jusqu’à CHF 100’000.00.

3.7

Facilités de paiement: selon demande préalable et ce au moins 10 jours avant la vente, DAVID FELDMAN S.A. peut

accorder, selon sa libre appréciation, des facilités de paiement aux acheteurs. L’acheteur au bénéfice de telles facilités

paiera un montant minimum de 25% du montant total de la facture dès réception dans les 5 jours maximums dès

l’adjudication, puis s’acquittera le du solde encore dû en mensualités égales sur une période de 4 mois maximum. Un

intérêt mensuel au taux de 1% plus les frais encourus sont perçus par et pour DAVID FELDMAN SA, à partir de la date de

la vente. L’intérêt est débité chaque mois au compte du client. En Général, aucun lot n’est livré sans paiement total du

montant adjugé, des frais de la commission de vente et le cas échéant de la TVA.

3.8

Paiement tardif: Le paiement s’effectue dès l’adjudication et au comptant. Ainsi, l’acheteur qui n’a pas versé

l’intégralité du prix marteau et de la commission due dans les 5 jours maximum dès l’adjudication est d’ores et déjà en

demeure de payer. En cas de demeure de l’acheteur, DAVID FELDMAN S.A. se réserve le droit (1) d’annuler la vente et

de disposer du(des) lot(s) concerné(s) et d’agir par toute voie de droit utile contre l’acquéreur afin d’obtenir le

paiement d’une indemnité de 24.5% du prix marteau ainsi que le paiement intégral de la commission due plus un

intérêt d’au moins 1% par mois ou (2) d’exécuter le droit de gage du vendeur conformément aux dispositions ci-dessus.

De plus, les dépenses encourues par DAVID FELDMAN S.A. en exécution de ses obligations aux fins des présentes seront

perçues en sus sur toutes les sommes dues par l’acheteur. Le débiteur défaillant perd en outre tout droit de

réclamation.

3.9

Droit de gage: Jusqu’au paiement intégral des montants dû, l’adjudicataire confère à DAVID FELDMAN S.A., agissant

pour le compte du Vendeur, un droit de gage sur la totalité des lots vendus mais non livrés. Ce gage garantit le paiement

de tout montant dû, tel que prix adjugé, la commission d’achat, éventuellement la TVA, intérêts, les frais éventuels ainsi

que les montants déjà dus par le client avant la vente. Après sommation de l’acheteur, DAVID FELDMAN S.A. est

autorisée, mais non obligée, à réaliser les gages sans autres formalités et sans préavis si l’acquéreur est en demeure

pour le paiement de sa dette ou l’exécution d’une obligation quelconque. DAVID FELDMAN S.A. pourra dans tous les cas

réaliser les gages de gré à gré.

A cet effet, elle n’est pas tenue d’observer les formalités prévues par la Loi fédérale sur la poursuite pour dette et faillite

; DAVID FELDMAN S.A. est libre en outre d’introduire ou de continuer une poursuite ordinaire, sans avoir préalablement

réalisé les gages et sans renoncer pour autant à ceux-ci.

Dans le cas, où la réalisation du gage ne couvre pas les montants dus par l’Acheteur, DAVID FELDMAN S.A. est en droit

de poursuivre l’Acheteur de la différence.

3.10

Expertise ou contre-expertise dans le cadre uniquement de la vente d’objets philatéliques: DAVID FELDMAN S.A. peut

joindre à la description des lots d’objets philatéliques une expertise, dont le rapport fait partie intégrante du descriptif

des lots, qui peut être obtenu sur demande. Lorsque l’authenticité d’un lot d’objets philatéliques est contestée

l’acheteur est tenu de produire, sous 30 jours, un certificat d’expertise ou de contre-expertise émanant d’un expert

qualifié justifiant sa réclamation. Si l’expert reconnu, assumant toute responsabilité en cas d’erreur, juge que l’objet a

été falsifié, il peut le marquer en conséquence ; les signes «FAUX» ou «FALSIFIE» ne constituent pas alors une altération

du lot d’objets philatéliques.

En présence d’une telle réclamation DAVID FELDMAN S.A. se réserve le droit de demander selon sa libre appréciation

une ou plusieurs expertises subséquentes dont les frais seront mis à charge du vendeur dans l’hypothèse où la

réclamation de l’acheteur est fondée. Dans le cas contraire l’acheteur supportera tous les frais encourus. Lorsque la

réclamation est fondée, le lot d’objets philatéliques est repris et le prix d’adjudication ainsi que la commission sont

intégralement remboursés à l’acheteur. Dans le cas d’un paiement retardé dû à une expertise agréée par David

Feldman S.A., des intérêts sont payables à 50% du taux habituel pour tout lot d’objets philatéliques dont l’authenticité

est confirmée. Si DAVID FELDMAN S.A. n’est pas d’accord, tous les intérêts seront dus.

Les acheteurs peuvent demander un certificat d’expertise au moment de l’adjudication uniquement. Pour les lots dont

le prix d’adjudication est de 5'000 ou plus dans les devises de l’enchère, DAVID FELDMAN S.A. facturera des frais de

traitement forfaitaires de 100CHF par lot, plus le coût du certificat. Pour tous les autres lots, DFSA facturera des frais de

traitement forfaitaires de CHF 200 par lot, plus le coût du certificat.

3.11

Limites de la garantie: Les lots d’objets décrits comme collections, sélections ou groupes, ceux formés de doubles et

d’accumulations, ne peuvent faire l’objet d’une réclamation quelconque. Les réclamations concernant les lots d’objets

décrits comme série ou groupes de séries contenant plus d’un timbre, ne sont prises en considération dans les limites

de l’article ci-dessus que si elles portent sur plus d’un tiers de la valeur totale d’acquisition du lot. Les lots d’objets qui

ont été examinés par l’acheteur ou son agent, ainsi que les lots d’objets philatéliques qui sont décrits comme ayant des

défauts ne peuvent faire l’objet d’aucune réclamation par rapport à ceux-ci. Tout lot illustré d’objets ne peut faire

l’objet d’aucune réclamation au sujet de la perforation, du centrage, des marges ou tout autre élément visible dans

l’illustration.

3.12

Tous les lots adjugés doivent être retirés après la vente aux enchères par les acheteurs et ce dans les 5 jours, à la charge

et au coût des acheteurs. Aucun lot ne peut être retirés pendant le déroulement de la vente aux enchères. Pour tout lot

non retiré dans les 5 jours par les acheteurs, ils seront transportés aux propres risques des acheteurs dans un lieu de

stockage défini par David Feldman S.A et communiqués aux acheteurs. Des frais de stockage d’au minimum CHF 75.00

plus TVA par mois commencé et par objet seront perçus en sus de ceux relatifs au transport des biens au lieu de

stockage.

Les lots non retirés seront stockés à la charge des acheteurs pendant un maximum de 6 mois.

Passés ce délai, les lots deviendront la propriété de DAVID FELDMAN S.A., sans pour autant éliminer les obligations

financières des acheteurs selon les présentes.

Sur demande, DAVID FELDMAN S.A. directement, ou via un tiers, peut s’occuper du transport ou de livraison

moyennant le paiement de ce service, à l’avance. Sauf accord préalable, DAVID FELDMAN S.A., ainsi que le tiers, n’en

aucun cas responsable de quoi que ce soit en cas de dommage ou perte des lots pendant le transport ou la livraison.

4 Droit applicable et juridiction

La présente vente aux enchères ainsi que tous les rapports juridiques qui en découlent seront soumis au Droit suisse

exclusivement. Toute action légale ou procédure concernant la vente aux enchères ainsi que les rapports juridiques

qui en découlent seront soumis à la juridiction exclusive des tribunaux de Genève, sous réserve d’appel au Tribunal

fédéral suisse à Lausanne. Dans tous les cas, DAVID FELDMAN S.A. se réserve le droit de poursuivre tout acheteur

défaillant à son lieu de résidence, auquel cas le Droit Suisse reste applicable.

5 Divers

Les présentes conditions générales de vente sont applicables à toute transaction d’achat et de vente avec David

Feldman SA, même en dehors des ventes aux enchères.

Les présentes Conditions de vente ont été rédigées en français et sont accompagnées d’une traduction anglaise. En cas

de divergence entre la version anglaise et la version française, le texte français prévaudra.

Buyer’s Conditions of Sale (FR) – Last rev. October 2026

Contents

Ancient Coins

Lots 20000–20047

Ancient Greece

Lots 20000–20023

Roman Empire

Lots 20024–20040

Roman Republic

Lots 20041–20043

Byzantium

Lots 20044–20045

North Africa, Kingdom of Aksum

Lot 20046

Sasanian Kingdom and Kushano-Sasanian

Lot 20047

Europe

Lots 20048–20118

Austria

Lots 20048–20051

Bulgaria

Lot 20052

Czechoslovakia

Lot 20053

Danzig/ Poland

Lot 20054

France

Lots 20055–20066

French Colonies

Lots 20067–20068

Germany

Lots 20069–20081

Great Britain

Lots 20082–20094

Greece

Lots 20095–20096

Ireland

Lots 20097–20104

Italy

Lots 20105–20108

Russia

Lots 20109–20111

Spain

Lot 20112

Switzerland

Lots 20113–20118

Africa

Lots 20119–20141

Djibouti

Lot 20119

Egypt

Lots 20120–20122

Morocco

Lots 20123–20126

Rwanda

Lot 20127

South Africa

Lots 20128–20134

Sudan

Lots 20135–20141

Americas

Lots 20142–20147

Barbados

Lot 20142

Haiti

Lots 20143–20144

Mexico

Lot 20145

Paraguay

Lot 20146

United States

Lot 20147

Asia & Australasia

Lots 20148–20162

Brunei

Lot 20148

China

Lot 20149

India

Lots 20150–20158

Japan

Lot 20159

Nepal

Lot 20160

Tahiti

Lots 20161–20162

Middle East & Near East

Lots 20163–20165

Lebanon

Lots 20163–20164

Saudi Arabia

Lot 20165

World Coins

Lots 20166–20168

Banknotes

Lots 20169–20170

Medals

Lots 20171–20172

ANCIENT COINS

Ancient Greece

20000

Attica, Athens, AR tetradrachm, 17.20 g. (26 mm), c. 440 BC. Obverse: head of Athena facing right, wearing crested

Attic helmet decorated with olive leaves and palmette. Reverse: owl standing right, head front, ΑΘΕ to right of owl,

crescent and olive twig with two leaves behind, all within incuse square.

EF, strongly struck on a characteristic irregular flan, with excellent relief and centering to obverse; with some scuffs

to the head of Athena.

CHF 400 - 600

20001

Pamphylia, Aspendos, c. 375-330 BC, AR stater 10.85 g. (22 mm). Obverse: two wrestlers, nude, grappling; KI

between. Reverse: slinger in throwing stance right, EΣTFEΔIIYΣ to left, triskeles to right; all in dotted square.

VF-EF. A well-centered, well-struck coin with good articulation of the athletes' musculature on both sides.

CHF 360 - 500

20002

Lucania, Thourioi, AR didrachm, 7.88 g. (21 mm), c. 400-350 BC. Obverse: head of Athena facing right, wearing

crested and laureate Attic helmet. Reverse: ΘΟΥΡΙΩΝ above. Bull walking right with lowered head, below its belly,

tuna fish swimming to left in exergue below ground line. SNG ANS 891.

VF; fine, even toning, with a planchet flaw on the bull and attractive flow lines on reverse.

CHF 400 - 600

World Coins, Banknotes and Medals

20003

Lucania, Velia, AR didrachm, 7.46 g. (20 mm), c. 400-300 BC. Obverse: head of Athena facing left, wearing Attic

helmet decorated with griffin. Reverse: lion walking to right with flying owl above, below the letter T and YEΛHTΩN

in exerque. SNG ANS 1287. A rare type.

VF-EF, with excellent, sharp details on both sides.

CHF 750 - 1'000

20004

Cilicia, Soloi, c. 410-375 BC. AR Stater 10.33 g. ( 22 mm). Obverse: head of Athena right, wearing crested Attic

helmet decorated with leaping griffin and W (or Σ). Reverse: Σ – Ω, grape bunch on vine within incuse square.

Casabonne Type 4; SNG BN 166.

VF, with attractive toning, some weakness and porosity of strike.

Ex Numismatica Ars Classica, autumn 2024, lot 494.

Ex Spink Numismatic Circular 77, 1969, lot 13.

CHF 800 - 1'200

20005

Cilicia, Tarsus, Mazaios, Satrap of Cilicia, 361-334 BC, AR stater 11.08 g. (22 mm). Obverse: Baal of Tarsus seated

left on backless throne, head and torso facing, holding eagle, grain ear, and grape bunch in extended right hand,

lotus-tipped scepter in left, TN (in Aramaic) to left. Reverse: Lion attacking bull left; monogram below, MZDY (in

Aramaic) above. SNG BN 341f.

EF, a beautifully struck coin with rich details on both sides and excellent metal quality, attractive dark toning with

some underlying lustre.

CHF 1'200 - 2'000

World Coins, Banknotes and Medals

20006

Sicily, Syracuse. 16 litrae 214-212 BC, AR 13.40 g. (25 mm). Obverse: laureate head of Zeus l. Reverse: fast

quadriga driven r. by Nike holding reins in both hands and kentron in l.; SYPAKOSIWN below horses' forelegs,

References: Gulbenkian 358 (these dies); Kraay-Hirmer 145; Burnett, SNR 62, pl. 8, D3.

From the same dies as 96 NAC auction (6.10.2016) lot 1032 which sold for 75'000 CHF.

With IBSCC certificate (9.3.2023) signed by J.L.Van der Schueren and Eric McFadden.

Extremely rare. Condition Extremely Fine. A spectacular portrait of the finest Hellenistic style. Wonderful old

cabinet tone.

When Hieron II died in 215 B.C., he left his kingdom to his fifteen-year-old grandson, Hieronymos. Knowing that

Hieronymos’ character was essentially debauched, Hieron made provisions for a council of fifteen guardians to

supervise the young king and act as his regents, providing guidance until Hieronymos was of an age and maturity to

rule in his own stead. One of the counselors who also happened to be the son-in-law of Hieron, Adranodoros,

however, desired power for himself. Adranodoros connived to have the other guardians dismissed, thereupon

becoming the young king’s chief counselor, and in the wake of the Roman disaster at Cannae, he convinced

Hieronymos to change Syracuse’s allegiance from Rome to that of Carthage. This brought Rome and Syracuse into

direct conflict, and in 214 B.C. the Romans under Marcus Claudius Marcellus began besieging the city. Hieronymus

was assassinated after a reign of only thirteen months, and a republican government known as the Fifth Democracy

was restored. The city failed to change its Carthaginian allegiance, however, and despite a protracted siege of two

years in which the Romans had to contend with uprisings throughout Sicily as well as the mechanical defenses of

the great Archimedes, the city finally fell in 212 B.C. Despite the political turmoil at Syracuse during the Roman

siege after Hieronymos’ elimination, the mint managed to issue a remarkable series of coinage, the dies of

which were engraved by some very talented artists. The largest and rarest denomination was this most

impressive 16-litrae piece showing an exceptionally handsome portrait of Zeus that exhibits a rare grace and

vitality for the period, and which has artistic parallels with the contemporary Carthaginian-allied Brettian

League issues produced probably at Lokroi. The reverse depicting the goddess Nike driving a galloping

four-horse chariot is rendered expressively, and alludes to the forlorn desire that Syracuse could yet withstand

the might of the Romans.

CHF 25'000 - 40'000

20007

Corinthia, Corinth, c. 345-307 BC, stater, 8. 58 g. (22 mm). Obverse: Pegasus flying left. Reverse: Head of Athena

to left, wearing Corinthian helmet, pendant earring and pearl necklace; behind neck, rooster on club.

Near EF, with even, dark patina.

CHF 450 - 600

World Coins, Banknotes and Medals

20008

Macedon, Alexander III, the Great, 336-323 BC, posthumous, AR drachm 4.17 g. (17 mm), Abydus (?). Obverse:

Head of Herakles to right wearing lion skin headdress. Reverse: ΑΛΕΞΑΝΔΡΟΥ, Zeus seated left on throne, holding

eagle and sceptre, monogram consisting of M, Y, and E to left (Price monogram 817).

F-VF.

CHF 50 - 80

20009

Macedon, Alexander III "the Great", 336-323 BC, uncertain mint in Macedon. AE, 5.76 g. (17 mm). Obverse: head

of Herakles to right, wearing lion-skin headdress. Reverse: ΑΛΕΞΑΝΔΡΟΥ. Club to right above bow and quiver.

Also Phillip II, 359-336 BC. AE, 6.30 g. (18 mm). Obverse: head of Apollo right, wearing taenia. Reverse:

ΦIΛIΠΠOΥ, youth on horseback galloping right; grain ear below.

VF- near EF, with even, dark patina.

CHF 100 - 200

World Coins, Banknotes and Medals

20010

Thessaly, Larissa, c. mid-4th century BC, AR trihemiobol. Obverse: head of nymph Laryssa facing. Reverse: ΛΑΡ/

Ι-[Σ] / ΑΙΩΝ Cavalryman with lance, wearing cuirass and Boiotian helmet, riding r. on prancing horse.

NGC Choice VF

Also Thessaly, Larissa, c. 3rd century BC, AE 5.57 g. (20 mm). Obverse: Head of the nymph Larissa three-quarter

facing. Reverse: ΛΑΡ/ Ι-[Σ] / ΑΙΩΝ Cavalryman with lance, wearing cuirass and Boiotian helmet, riding r. on prancing

horse; below, Ξ.

CHF 100 - 200

20011

Thrace, Lysimachos, 305-281 BC, Byzantion, AR tetradrachm, 17.21 g. (30 mm). Obverse: diademed head of the

deified Alexander right, wearing horn of Ammon. Reverse: BAΣΙΛΕΩΣ ΛYΣIMAXOY, Athena seated left on throne,

holding crowning Nike and spear over shoulder, and resting elbow on shield decorated with head, monogram AP to

inner left. A very rare type.

VF+, an attractive specimen, lightly toned, minor marks and a few light scuffs to reverse.

CHF 700 - 1'000

20012

Egypt, Ptolemaios II 'Philadelphos', 285-246 BC, AR tetradrachm, 14.13 g. (28 mm). Obverse: Diademed head of

Ptolemy I to right, wearing aegis around neck. Reverse: ΠTOΛEMAIOY ΣΩTHPOΣ, eagle with closed wings standing

to left on thunderbolt; in left field, ΣΙ above monograms.

VF, strongly struck with high portrait relief, some dark deposits to both sides.

CHF 300 - 500

World Coins, Banknotes and Medals

20013

Lydian Kingdom, Sardis, c. 166-167 BC, AR drachm, 2.79 g. (14 mm) (cistophporic standard). Obverse: Head of

youthful Dionysos to right, wearing ivy wreath. Reverse: Σ-ΑΡ, bunch of grapes, cornucopia above, below monogram

of Γ and A; all within ivy wreath with fruits. An extremely rare Lydian coin, with only four similar found on

Coinarchives.

VF, with attractive toning and some porosity and areas of minor roughness, well-centered.

Ex Leu 19, 2022, lot 1307.

Compare with a similar coin in Nomos AG 17, 2018, lot 195 (hammer 3400 CHF; with note “perhaps the second and

best example known”).

CHF 1'200 - 2'000

20014

Bactria, Antimachos I, 185-170 BC, AR tetradrachm, 16.91 g. (31 mm). Obverse: Diademed and draped bust right,

wearing flat topped kausia. Reverse: Poseidon standing facing, holding trident and filleted palm branch; monogram

to lower right.

Near EF, very attractive and with the characteristic high-relief portrait of this Hellenistic king, accented by attractive

cabinet tone.

CHF 650 - 1'000

20015

Bactria, Eukratides II, c. 145-140 BC, AR tetradrachm, 16.96 g. (32 mm). Obverse: Diademed and draped bust

right within bead-and-reel border. Reverse: Apollo standing left, holding arrow and bow set on ground monogram to

inner left. Bopearachchi 1H.

Near EF, very attractive and with a strongly struck portrait of this Hellenistic king; attractive cabinet tone.

CHF 650 - 1'000

World Coins, Banknotes and Medals

20016

Bactria, Eukratides I, c. 170-145 BC, AR obol, 0.69 g. (11 mm). Obverse: Diademed and draped bust of Eukratides I

to right, wearing crested Boiotian helmet adorned with bull's horn and ear. Reverse: BAΣIΛEΩΣ - EΥKΡATIΔOY,

caps of the Dioskouroi, each with palm frond; below, monogram. Bopearachchi series 9, Hoover 139.

EF+, very attractive and with a strongly struck portrait of this Hellenistic king; excellent details on this very small

coin.

CHF 120 - 200

20017

Seleukid Empire, Antiochos II, 261-246, Seleukeia on Tigris, tetradrachm, 17.10 g. (29 mm). Obverse: diademed

head right. Reverse: BAΣIΛEΩΣ ANTIOXOY, Apollo seated left on omphalos, testing arrow and resting hand upon

bow. Controls: Monogram to outer left and right. SC 587 1a.

EF, very attractive and with the characteristic high-relief portrait; softly struck but sharp reverse, with some reverse

areas of double strike.

CHF 400 - 600

20018

Seleukid Empire, Antiochos II, 261-246, Sardes, AR tetradrachm, 17.14 g. (28 mm). Obverse: diademed head

right. Reverse: BAΣIΛEΩΣ ANTIOXOY, Apollo, nude, testing arrow in his right hand, left hand holding tip of bow set

on ground to right, seated left on omphalos; two monograms in exergue. SC 519.

VF+, very attractive and with the characteristic high-relief portrait, areas of dark toning on lower part of reverse.

CHF 300 - 500

World Coins, Banknotes and Medals

20019

Seleucid Empire, Antiochos III, 222-187 BC, probably Apameia on the Orontes. AR drachm, 4.16 g. (17 mm).

Obverse: diademed head right. Reverse: Elephant standing to right with monogram in front, ΒΑΣΙΛΕΩΣ above,

ΑΝΤΙΟΧΟΥ in exergue.

VF-EF, with attractive, delicate patina; an excellent example for this type with well-centered reverse.

Ex Bucephalus 5, 2022, lot 140.

CHF 400 - 600

20020

Seleucid Empire, Tyre, 131-130 BC, AR tetradrachm 13.94 g. (22 mm), Tyre mint. Obverse: diademed head of

Antiochos VII to right. Reverse: ΒΑΣΙΛΕΩΣ / ΑΝΤΙΟΧΟΥ, eagle standing left on prow left; palm frond behind; to left,

monogram A/PE above club surmounted by Tyre monogram; to right monogram above ΒΠΡ (= 182 year of Seleukid

era).

VF-EF, with attractive old toning.

CHF 500 - 800

20021

Skythia, Geto-Dacians, Koson, mid-1st century BC, AV stater 8.31 g. (20 mm). Obverse: Roman consul

accompanied by two lictors advancing left; monogram to left, KOΣΩN in exergue. Reverse: Eagle standing left on

scepter, holding wreath in right talon. A most attractive example of the hoard coin that was found in the

Transylvania region of Romania.

EF and virtually as struck, attractive details especially on reverse, lustrous.

CHF 2'400 - 3'000

World Coins, Banknotes and Medals

20022

Ancient Greece, group of 5 silver coins:

Thrace, Thasos, c. 500-480 BC, AR drachm 3.64 g. (17 mm), satyr carrying off nymph.

F-VF.

Thrace, Apollonia Pontika, AR diobol, 1.07 g. (10 mm), head facing and inverted anchor with crayfish.

VF, with a scratch on face.

Ionia, Miletos, c 530-500 BC, AR diobol, 1.21 g. (9 mm), forepart of roaring lion.

F-VF.

Pamphylia, Aspendos, c. 465-430 BC, AR stater, 10.91 g. (19 mm), warrior advancing right and triskeles (worn

obverse die).

F-VF

Crete, Gortyna, c. 98-94 BC, AR drachm, 2.36 g. (14 mm), head of Zeus and Apollo seated on rock.

VF.

CHF 200 - 400

20023

Indo-Scythians, Azilises, c. 85-45 BC, AR tetradrachm 9.49 g. and 9.51 g. (26 mm). Obverse: king on horseback to

right, holding spear. Reverse: goddess to left holding brazier and filleted palm frond, monogram to left and letter to

right.

Two very attractive tetradrachms with different monograms.

VF-EF, with legible inscriptions on both coins, some porosity on surfaces and rim; one coin with small areas of

hardened dark deposits on both sides.

Ex Peus, 301, 1981, lot 575.

CHF 200 - 300

World Coins, Banknotes and Medals

Roman Empire

20024

Roman Empire, Augustus, with Agrippa, 27 BC-14 AD, Ae, As 12.15 g. (25 mm), Gaul, Nemausus, c. 16-10 BC.

Obverse: IMP/DIVI F, heads of Agrippa, wearing combined rostral crown and laurel wreath, and bareheaded

Augustus, back to back. Reverse: Crocodile right, chained to palm frond with wreath at top with long ties to right;

two palm fronds at base. RPC I 523.

VF. A beautiful As struck in the Roman colony of Nemausus (Nîmes) around 16-10 BC to commemorate the

conquest of Egypt by Octavian and Agrippa in 30 BC. The unusual design of a crocodile, symbolically representing

Egypt, chained to a palm tree with a long wreath, representing Rome. The captive crocodile features in the Nîmes

coat of arms to this day; showing good portraits, complete devices on both sides, and a wonderfully naïve depiction

of a crocodile.

CHF 400 - 600

20025

Roman Empire, Nerva, 96-98, sestertius, 28.41 g. (35 mm). Obverse: IMP NERVA CAES AVG PM TR P COS III P P,

laureate head of Nerva right. Reverse: LIBERTAS PVBLICA S-C, Libertas standing front, head to left, holding pileus

in her right hand and sceptre.

NGC XF, strike 4/5 surface 2/5

https://www.ngccoin.com/certlookup/6692645-001/NGCAncients/

CHF 200 - 400

20026

Roman Empire, Trajan, 98-117, AR drachm, 2.26 g. (19 mm). Obverse: ΑVΤΟΚΡ ΚΑΙϹ ΝЄΡ ΤΡΑΙΑΝΩ ΑΡΙϹΤΩ ϹЄΒ

ΓЄΡΜ ΔΑΚ, laureate and draped bust to right. Reverse: ΔΗΜΑΡΧ ЄΞ ΥΠΑΤΟ, camel standing to left.

EF-AU, well-centered and with legible script on both sides.

CHF 100 - 200

World Coins, Banknotes and Medals

20027

Roman Empire, Trajan, 98-117, AR denarius, 3.00 g. (20 mm). Obverse: IMP TRAIANO AVG GER DAC P M TR P COS

VI P P, laureate bust right, slight drapery on left shoulder. Reverse: S P Q R OPTIMO PRINCIPI, VIA TRΛIΛNΛ in

exergue, Via Traiana, partially draped, reclining left, head turned back to right, holding wheel of eight spokes on

right knee and resting left arm on rocks, holding branch in left hand. A rare coin.

The Via Traiana, also known as the Appia Traiana, was built by the emperor between 108 and 110 AD as an

alternative to the via Appia Antica, and connected Beneventum, through the Arch of Trajan, to Brundisium. It turned

out to be more convenient than the Appia Antica and it was used throughout the Middle Ages.

VF+.

CHF 150 - 250

20028

Roman Empire, Trajan 98-117, AR denarius 2.91 g. (17 mm). Obverse: IMP TRAIANO AVG GER DAC P M TR P COS

V P P, laureate bust of Trajan to right, with drapery on left shoulder. Reverse: SPQR OPTIMO PRINCIPI, Dacia

seated left on a shield, legs crossed, her head resting on her left hand in attitude of mourning, a curved sword in the

exergue. RIC II 216c.

VF, with planchet faults on obverse and two minor scratches on reverse.

Ex Hanseatische Munzenhandlung

CHF 50 - 100

20029

Roman Empire, Trajan, 98-117, AR denarius, 3.02 g. (18 mm). Obverse: IMP TRAIANO AVG GER DAC P M TR P,

laureate bust right, slight drapery on left shoulder. Reverse: COS V PP SPQR OPTIMO PRINC, Dacian trophy of arms,

at base of which are shields, spears, and swords. RIC 147.

Near EF, well-struck with excellent centering, fully legible inscription on both sides. Struck from nearly fresh dies.

CHF 180 - 250

World Coins, Banknotes and Medals

20030

Roman Empire, Marcus Aurelius, 161-180, AE sestertius, 23.56 g. (31 mm). Obverse: M ANTONINVS AVG ARM

PARTH MAX, laureate head of Marcus Aurelius right. Reverse: TR POT XXI IMP IIII COS III, Victory advancing left,

holding wreath and palm; S-C across fields. RIC III-948.

An attractive sestertius struck under the famous philosopher emperor, bearing the name Antoninus Augustus to

incorporate the title of his adoptive father Antoninus Pius and to invoke continuity with the Antonine Dynasty.

NGC XF strike 3/5 surface 2/5 "flan flaw"

https://www.ngccoin.com/certlookup/6692645-002/NGCAncients/

CHF 100 - 200

20031

Roman Empire, Septimius Severus, 193-211, AE, 28.70 g. (34 mm), Antioch, Pisidia. Obverse: IMP CAES L SEP

SEVERUS PERT AUG, laureate head right. Reverse: COL CAES ANTIOCH S-R, Phrygian deity Men in long robe and

Phrygian cap, crescent behind shoulders, standing right with elbow on column, holding sceptre and Victory on

globe, rooster to left. With old collection ticket.

VF+, a huge provincial bronze on a wide flan with excellent centering, minor areas of weakness but large and

impressive.

CHF 150 - 250

20032

Roman Empire, Caracalla, 198-217, AR denarius, 3.65 g. (20 mm), Rome mint. Obverse: ANTONINVS PIVS AVG

BRIT Laureate head to right. Reverse: P M TR P XV COS III P P Elephant walking to right. RIC 199.

EF-AU, superb details with strong original lustre; rare in this condition.

CHF 350 - 500

World Coins, Banknotes and Medals

20033

Roman Empire, Geta, 209-211, AR Denarius (20 mm), Laodicea ad Mare. Obverse: L SEPTIMIVS GETA CAES,

bareheaded and draped bust right. Reverse: FELICITAS TEMPOR, Felicitas standing right, holding caduceus and

clasping hands with Geta standing left, holding cornucopia.

NGC XF

https://www.ngccoin.com/certlookup/6692645-005/NGCAncients/

CHF 50 - 100

20034

Roman Empire, Geta as Caesar, 209-211, Denarius (20 mm). Obverse: P SEPT GETA - CAES PONT Bare-headed,

draped bust. Reverse: FELICITAS - PVBLICA, Felicitas standing left, holding caduceus and cornucopia.

NGC AU

https://www.ngccoin.com/certlookup/6692645-004/NGCAncients/

CHF 50 - 100

20035

Roman Empire, Julia Mamaea, 222-235, AR Denarius (20 mm).Obverse: IVLIA MAMAEA AVG. Diademed and

draped bust of Julia Mamaea to right. Reverse: FECVND AVGVSTAE, Fecunditas seated left, extending her right

hand towards child standing to right at her feet, with arms outstretched.

NGC AU

https://www.ngccoin.com/certlookup/6692645-003/NGCAncients/

CHF 50 - 100

World Coins, Banknotes and Medals

20036

Roman Empire, Gordian III, 238-244, AR denarius (21 mm). Obverse: IMP GORDIANVS PIVS FEL AVG, laureate,

draped, and cuirassed bust. Reverse: P M TR P III COS P P, emperor on horseback l. raising right hand and holding

spear in left.

NGC Ch AU

https://www.ngccoin.com/certlookup/6692645-006/NGCAncients/

CHF 100 - 200

20037

Roman Empire, Volusian, 251-253, AR antoninianus (21 mm). Obverse: IMP C C VIB VOLVSIANVS AVG Radiate,

draped and cuirassed bust of Volusian to right. Reverse: FELICITAS PVBL Felicitas standing front, head to left,

holding long caduceus in her right hand and cornucopiae in her left.

NGC XF

https://www.ngccoin.com/certlookup/6692645-008/NGCAncients/

CHF 50 - 100

20038

Roman Empire, Postumus, 260-269, BI antoninianus (20 mm). Obverse: IMP C POSTVMVS P F AVG, radiate,

draped, and cuirassed bust right. Reverse: VIRTVS AVG, Virtus standing right, holding spear and shield.

NGC AU

https://www.ngccoin.com/certlookup/6692645-007/NGCAncients/

CHF 50 - 100

World Coins, Banknotes and Medals