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Current location: News | COINS & BANKNOTES


$241,000 Russian 1876 proof top performs at Spink's rare coin auction

A 25 rouble proof from the reign of Alexander II was the big sale in London earlier this week

A 19th century Russian gold coin stole the show at Spink's Ancient, British & Foreign Coins & Commemorative Medals sale earlier this week.

While a 17th century Charles I civil war issue Triple Unite coin made a hefty £43,000 for the home nation at the London auction, it was a Russian 25 rouble 1876 proof from the reign of Alexander II that took the top prize.

 The crowned double headed eagle, which features a crown and ribbons on the reverse, achieved above its high end estimate of £150,000.


This Russian rarity is worth £156,000

The coin is one of only 100 struck and is said to be in extremely fine condition, with only a mark by the right wing of the eagle.

Carrying on the Russian theme was a novodel commemorative one and a half rouble coin from 1836, which achieved £43,200.

These results are a reminder that numismatists should perhaps be looking east for their next investment, as the Russian coin market shows no sign of slowing down, especially for the very best specimens.

 

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Recent and related articles...

·  More valued as a coin than a King... Charles I gold piece tops the bill at Spink | 24 March 2011

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Described as being in a 'brilliant mint state', this Year of the Rabbit classic will be auctioned in April

 

www.paulfrasercollectibles.com

Image: Spink


Last updated: 26 March 2011