anyone know what this coin is wife got at estate sale with some old russian bills? pics attached biils and the coin cant figure if the coin is russian or german i think its 1731 fyi she paid 10.00 for all dont know much about old russian era any help appreciated?
This is another coin listed at big bucks in the new Krause. It has to be Unc though and in my experience these are subject to a lot of corrosion problems.
cladking - I'm not sure what reference you are using but some prices are over-exaggerated. 1991 mintsets are really cheap unless they have error coins in them. The most expensive mintset at the moment is the 1970 mintset which was recently sold for more than 1100 dollars. 1970 commemorative rubles are still cheap in XF+ condition. However it's the PROOF version that commands a premieum - which does go over a few hundred dollars. It's hard to generalize a price guide - been collecting for a while and prices have been all over the place.
Actually, this is one of the cheapest comem. 1 rouble coins, not hard to find these in UNC. I got one 2 months ago with plenty of luster for about $1.50. I am talking about US market, in Russia common comem. 1 rubles and 1961-1991 Soviet kopecks are sold by kilos (not UNC of course). As gxseries said, your prices are way higher than what these are worth and sold for. There is a chance it will change, but probably not during the next 10 years. Only few mint sets from 1970s are rare and expensive, the 1967 set is worth $20, saw it on eBay lately going for $24 or so.
3 rubles 1991 copper-nickel, commemorative. 1941-1991, 50th Anniversary defense of Moscow. petronius :smile
I'm just reporting what the new Krause says. I'm not saying I agree with it or that I have any special knowledge of most of these coins. Some of the prices seem obviously too high because they are what I believe to be common coins but there are price lists out there that list the coins very high. http://www.rustypennies.com/catalog/soviet_coins.html
Rusty seems to be overpriced, but I will say I've had some experience with higher values. In 2008 I bought a junk lot of foreign coins. A hand full were early soviet 1 kopek bronze coins in XF to UNC condition. I kept some better examples and sold the rest on eBay. I had a "buy it now" price for $3 to $5 each. People were snapping them up minutes after I had listed them. Just before I listed the final three, I had 10 buyers contact me each willing to pay $45 each for a private sale. I obliged. If I had known about their demand I would have listed them for at least $25 a piece starting. Oh well, It's always hard to tell what people, including ourselves, will pay for a coin when it's hot or when a coin is needed to complete a set or series.
Yes. This is what I mean. There are Russian coins in poundage so they can't be all that scarce. We need to remember though that poundage is a sort of "consumable" because it is used for all sorts of purposes fromn play coins for children to scrap metal. People throw such coins in the garbage and I've even heard of buckets full being set on the curb for trash pickup. Also, while we see a lot of really nice old high grade coins this is probably atypical for the mintage. I don't know but it's likely the coins were heavily used in circulation and then melted. Soviet collectors were strongly discouraged from coin collecting at all and the few who did collect avoided Soviet coins and focused primarily on European and czarist coinage. This means few coins survive at all in Russia except heavily worn coins and there are no "old collections" hitting the aution block every day. If I were a buyer in any of these coins I'd be careful. But there are probably still lots of bargains that can be snapped up becausae these markets are in their infancy and no one really knows the common from the rare. One thing is sure; if these markets become mass markets even coins we consider "common" in XF could become valuable even in VG. Like most moderns it is paltry demand causing low prices rather than the coins being common.
The prices of the Soviet coins are mainly to do with the years, varieties and condition as well. Most of the aluminum-bronze coinage struck before 1957 in particular before 1940s are now worth a fair bit in XF plus. On the other hand, with the nickel coinage, 1942-1944 usually command a lot higher because of the difficulty of obtaining planchets. Silver coins on the other hand survived very well (perhaps of people hoarding?) with the exception of the 1922 ruble. This is worth a bit. From 1961-1991, most coins are usually not worth a lot with the exception of coins struck from 1965-1975. The smaller denominations are still easy to find in nice condition however the larger denomination from 5 kopek onwards could pose an interesting challenge. In particular, 1970 coins are the toughest with a few key dates (5, 15, 20, 50 kopek). In the late 1990-91, there are some coins with and without mintmarks - these would be mint errors but did circulate. Again, this is a really quick run down of some of the tougher coins but is no means the most complete.