- Reaction score
The Dealer Who Sold the World’s Most Expensive Coin Has Been Arrested for Falsifying the $4.2 Million Artifact’s Provenance
An ultra-rare Roman coin set a world record when it was auctioned off for nearly $4.2 million three years ago. But now, the validity of that record is under question after an investigation revealed that the artifact and others were sold with forged provenance certificates, according to a report from ARTnews.
The record-setting coin, called the “Eid Mar” (or “Ides of March”), was minted in 42 B.C.E. to commemorate the assassination of Julius Caesar and is just one of three known examples cast in gold.
Offered at an October 2020 event held by the London-based auction house Roma Numismatics, the coin carried a £500,000 ($650,445) presale estimate. Also featured in the sale was a 2,400-year-old Sicily Naxos coin, which fetched $291,682.
The Dealer Who Sold the World's Most Expensive Coin Has Been Arrested for Falsifying the $4.2 Million Artifact's Provenance | Artnet News
A U.S. investigation has revealed that dealer Richard Beale sold ultra-rare coins and artifacts in 2020 with fake provenance certificates.