Bulgaria 1999 20 leva

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from the Stack's Bowers June 2021 Collector's Choice sale, lot 70419
SB621-70419r.jpg

This specimen was lot 70419 in Stack's Bowers Collector's Choice sale (Costa Mesa, CA, June 2021), where it sold for $228. The catalog description[1] noted, "BULGARIA. 20 Leva, 1999. Sofia Mint. NGC PROOF-69 Ultra Cameo. Featuring the Madonna and Child, this nearly-flawless proof issue exhibits a great cameo nature and exceptionally mirrored fields." Bulgaria was forned out of the disintegrating remnants of the Ottoman empire. Originally a monarchy, the king was ousted by the communists after World War Two, The communists were ousted in turn with the collapse of the Soviet Union in 1989-90. In 1999, the coinage was reformed. The SCWC doesn't state but we believe 1000 old leva = one new leva. This NCLT was the first gold issue under the new system and reflects the resurgence of Orthodox Christianity in the region.

Recorded mintage: 10,000.

Specification: 1.55 g, 0.999 fine gold, 0.050 oz, 13.9 mm diameter.

Catalog reference: Fr-21; KM-278.

Source:

  • Friedberg, Arthur L. and Ira S. Friedberg, Gold Coins of the World, From Ancient Times to the Present, 9th ed., Clifton, NJ: Coin and Currency Institute, 2017.
  • Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1901-2000, 47th ed., Iola, WI: Krause Publications, 2019.
  • [1]Orsini, Matt, Kyle Ponterio and Jeremy Bostwick, The June 2021 Collector's Choice sale: World and Ancient Coins, Costa Mesa, CA: Stack's Bowers LLC, 2021.

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