Rare Russian medal set brings $117,000 in 'outstanding' New York auction


2015-06-26 12:13:25


Rare Russian medal set brings $117,000 in 'outstanding' New York auction

The sale by Baldwin's, Dmitry Martov and M&M Numismatics set the tone for 2011 in coins and medals

The market for Russian coins and medals proved to be as robust and vibrant as ever at this year's New York Sale XXV-XXVI.

A combination of high quality rarities and enthusiastic buyers ensured high prices were achieved for key pieces with the sale totalling just over US$6,000,000 at US$6,008,774, up over US$1,000,000 on last year's combined sales.

Of the 801 bidders that registered to take part in the auction 221 bidders registered participated online across two live bidding platforms and a total of 6.5% of the 1378 lots were sold online to bidders all over the world.

After the coin sales, on which we've already reported, a large number of Russian Orders and medals completed the evening's proceedings.

Order of the White Eagle medalOrder of the White Eagle

A selection of medals from the Mooromsky collection produced impressive results; notable amongst them an Order of St. Vladimir, 2nd Class, Civil Division, which sold for US$38,025 against an estimate of US$20,000, and an Order of St. Stanislaus complete 1st Class set.

Civil Division Cross with full length ribbon and case of issue which sold for US$25,740 against an estimate of US$15,000.

Complementing this collection were a number of orders from other properties including lot 2001, a beautiful example of an Order of the White Eagle Neck badge which achieved US$46,800 against its US$30,000 estimate.

The final section of the two-day sale consisted of a section of Orders of the Soviet Republics and Orders and Badges of the USSR.

Order of St Staninslaus medalOrder of St Staninslaus medal

Both produced some good results but highlights of the section were a Documented Group of Lieutenant Colonel Lutkevich P.O., listed at US$85,000, which sold for a stunning US$117,000 and a Moldova Autonomous Republic Peoples' Commissariat of Justice badge, estimate: US$15,000, sold for US$25,740.

Seth Freeman of Baldwin's commented after the auction, "We are absolutely delighted at the outstanding success of our 2-day sale here in New York. The results speak for themselves and the high prices achieved further cements Baldwin's standing at the forefront of the global numismatic community."

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