The anticipated Numismatica auction organized by Cambi Auction House and Crippa Numismatica, held in Milan from November 11 to 13, 2025, recorded extraordinary performances.
The three days of sales totaled approximately 4,520,000 euros (including fees), with a sales rate of 98% of the 1705 lots in the catalog and an increase of 250% over the initial estimates.
A result that confirms the solidity of the numismatic market, driven by a prepared, active collecting community willing to compete for the most sought-after rarities.
A double catalog for a journey into the history of numismatics
The autumn event was divided into two distinct catalogs, designed to offer a comprehensive overview from antiquity to the modern age.
The proposals included:
- coins of Casa Savoia;
- specimens from important Italian and foreign mints;
- a selection of monete antiche of great rarity;
- the second part of the prestigious collection “Medals & Popes”, dedicated to papal medals.
This variety has attracted a diverse audience, sensitive to both the historical value and the minting quality.
The top lots of the auction: records and sales beyond all expectations
The stars of the sabauda section
Among the most competitive pieces stands out the Ducatone of 1588 of Carlo Emanuele I of Savoia, characterized by the iconic Centaur on the reverse. Estimated at 12,000–18,000 euros, it reached the incredible figure of 77,500 euros, marking a benchmark result for the type.
Excellent performance also for the eighteenth-century issues:
- Carlino of 5 doppie of Carlo Emanuele III (1756): sold for 87,500 euros.
- 5 doppie Carlino of Vittorio Amedeo III (1786): record result with 127,500 euros, among the highest values ever recorded for this type.
Extremely high interest also for the very rare 5 doppie of 1672 from the territory of Messerano, sold for 90,000 euros.
The ancient coins: Carthage protagonist
The section dedicated to the region of Zeugitania has confirmed the attractiveness of Punic coins on the international market:
- Carthaginian trihemistater (270–260 BC): awarded at 30,000 euros.
- Decadrachm of Carthage (circa 260 BC): sold for 71,250 euros, among the highest performances of the session.
Even more surprising is the result of the aureus of the Civil Wars (68–69 AD), minted in Gaul: estimated at 15,000–20,000 euros, it reached 117,500 euros, over five times the minimum estimate.
English coinage: strong international participation
The British section received excellent feedback, demonstrating an extremely active international collecting scene:
- Half Pound of Elizabeth I Tudor (1592–1595): 26,250 euros.
- Rose Ryal of James I Stuart (1613): 33,750 euros.
- 20 shillings units of Charles I Stuart (1631–1632), with engraving by Nicholas Briot: 36,250 euros, exceeding all expectations.
The papal medals of the collection “Medals & Popes”
The second part of the important collection dedicated to pontifical medals has confirmed a growing interest in this segment of the market.
Among the most contested pieces, the silver medal of 1854 dedicated to the reconstruction of the Basilica of Saint Paul Outside the Walls under Pope Pius IX, was awarded at 6,250 euros, more than four times the initial estimate.
A growing market supported by quality and catalog selection
The success of the auction confirms the ability of Cambi Casa d’Aste and Crippa Numismatica to enhance numismatics through curated and rigorous proposals.
The combination of rarity, state of preservation, and established provenance attracts a global audience, increasingly willing to invest in high-profile coins and medals. The high percentage of lots awarded and the strong increase compared to estimates outline a dynamic market, supported by a constant growth trend.
Conclusions: a lively sector with still positive prospects
The November 2025 auction demonstrates a solid and cross-sectional interest in numismatics, confirmed by:
- sales almost total (98%);
- average increase of 250% on estimates;
- record achievements in multiple categories.
These results suggest a healthy market, supported by knowledgeable collectors willing to invest in the most significant rarities. The presence of numerous records and the wide international participation indicate a still promising future for numismatic sales: what new milestones can this sector reach in the upcoming auction seasons?
As expert in digital marketing, Amelia began working in the fintech sector in 2014 after writing her thesis on Bitcoin technology. Previously author for several international crypto-related magazines and CMO at Eidoo. She is now the co-founder and editor-in-chief of The Cryptonomist and Econique.
She is also a marketing teacher at Digital Coach in Milan and she published a book about NFTs for the Italian publishing house Mondadori, while she is also helping artists and company to entering in the sector. As advisor, Amelia is also involved in metaverse-related project such as The Nemesis and OVER.
