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<p>[QUOTE="princeofwaldo, post: 867745, member: 24091"]I had similar good fortune a few years back to purchase a modern Russian one ounce proof gold coin with a Lynx on it. It too was impaired, looked like someone had sneezed on the coin. In the Go-Go days of later summer 2008, such a coin even raw and slightly impaired would have fetched clsoe to $5000 if I had caught the top of the market with it.</p><p> </p><p>I had bought the coin about 24 months before that for melt (around $600 an ounce at the time) and tossed it on eBay. You would have thought I dumped a bucket of chum into shark infested waters. I received a deluge of offers for the coin and sold it out-right for $1800 only to see it immediately relisted and sold for $2500 a week later. This was clear back in 2006.</p><p> </p><p>All of the lower mintage modern Russian coins were trading for the same kind of insane premiums between 2006 and 2008. Unfortunately, all good things must come to an end. In the case of your coin, on a good day you might still get $100 for it, which is still a killing if you paid melt for it. </p><p> </p><p>Since the coin is impaired anyway, you might consider cleaning it. Not with dip. Use diluted Windex or other similar glass cleaner, spray, rinse generously with cold water, and then air brush dry the coin. You might be surprised how forgiving gold and silver proof coins can be when cleaned properly.[/QUOTE]</p><p><br /></p>
[QUOTE="princeofwaldo, post: 867745, member: 24091"]I had similar good fortune a few years back to purchase a modern Russian one ounce proof gold coin with a Lynx on it. It too was impaired, looked like someone had sneezed on the coin. In the Go-Go days of later summer 2008, such a coin even raw and slightly impaired would have fetched clsoe to $5000 if I had caught the top of the market with it. I had bought the coin about 24 months before that for melt (around $600 an ounce at the time) and tossed it on eBay. You would have thought I dumped a bucket of chum into shark infested waters. I received a deluge of offers for the coin and sold it out-right for $1800 only to see it immediately relisted and sold for $2500 a week later. This was clear back in 2006. All of the lower mintage modern Russian coins were trading for the same kind of insane premiums between 2006 and 2008. Unfortunately, all good things must come to an end. In the case of your coin, on a good day you might still get $100 for it, which is still a killing if you paid melt for it. Since the coin is impaired anyway, you might consider cleaning it. Not with dip. Use diluted Windex or other similar glass cleaner, spray, rinse generously with cold water, and then air brush dry the coin. You might be surprised how forgiving gold and silver proof coins can be when cleaned properly.[/QUOTE]
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1993 Russian 3 Rouble Coin (Bear)
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