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

paulfrasercollectibles

2015-06-26 12:19:35

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$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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