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<p>[QUOTE="norantyki, post: 8247496, member: 118879"]As a dealer, one of my specializations is Russian coinage, and has been for many years. The market at the moment is quite depressed versus what it was back in around 2010-15. Since Putin's original aggression toward Ukraine in 2014, and the resulting first round of international sanctions, average Russians have seen their real earnings and quality of life gradually erode, and as a result, both prices achieved at auction, as well as velocity of trade have slowed on most Russian coins. </p><p><br /></p><p>This being said, general global demand has been sustaining current market levels for years now, so I would say that we are right around where we should be from a macro-market perspective. As a result, prices / demand likely won't slump much below current levels, and we may even see a small bump in demand for certain types as a result of Russians trying to park money in anything that is not Roubles / securities governed by or associated with the Russian market / state. It is worth noting that coin collecting was a popular pastime in the USSR, as it was also viewed as a way of securing savings.</p><p><br /></p><p>Speaking to negative sentiment - I live in Poland... enough said. This doesn't mean that I refuse to deal in Russian coins (unlike my longstanding boycott on any Russian goods), as they represent a historical context, and indeed, many circulated well outside of the current boundaries of Russia. Polish collectors, for instance, oftentimes also collect Imperial types, as they circulated extensively in the Russian partition of Poland.</p><p><br /></p><p>Hope this helps![/QUOTE]</p><p><br /></p>
[QUOTE="norantyki, post: 8247496, member: 118879"]As a dealer, one of my specializations is Russian coinage, and has been for many years. The market at the moment is quite depressed versus what it was back in around 2010-15. Since Putin's original aggression toward Ukraine in 2014, and the resulting first round of international sanctions, average Russians have seen their real earnings and quality of life gradually erode, and as a result, both prices achieved at auction, as well as velocity of trade have slowed on most Russian coins. This being said, general global demand has been sustaining current market levels for years now, so I would say that we are right around where we should be from a macro-market perspective. As a result, prices / demand likely won't slump much below current levels, and we may even see a small bump in demand for certain types as a result of Russians trying to park money in anything that is not Roubles / securities governed by or associated with the Russian market / state. It is worth noting that coin collecting was a popular pastime in the USSR, as it was also viewed as a way of securing savings. Speaking to negative sentiment - I live in Poland... enough said. This doesn't mean that I refuse to deal in Russian coins (unlike my longstanding boycott on any Russian goods), as they represent a historical context, and indeed, many circulated well outside of the current boundaries of Russia. Polish collectors, for instance, oftentimes also collect Imperial types, as they circulated extensively in the Russian partition of Poland. Hope this helps![/QUOTE]
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