The rare coin market is poised for a climb, Steven L. Contursi indicated as he made nearly $1.6 million of the total $5.3 million winning bids in an Oct. 29 auction in Las Vegas, Nev., by Bowers and Merena Galleries.

Emphasizing confidence in the current numismatic market, Rare Coin Wholesalers of Dana Point, California (www.rcw1.com) made nearly $1.6 million of the winning bids, virtually 30 percent of the total, in the $5.3 million Bowers and Merena Auction sale in Las Vegas, October 29.