Russia 1764-EM 5 kopeks

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from the Stack's Bowers October 2021 Collector's Choice sale, lot 72127
SB1021-72127r.jpg
Sincona sale 84, lot 97

The first specimen was lot 72127 in Stack's Bowers Collector's Choice sale (Costa Mesa, CA, October 2021), where it sold for $156. The catalog description[1] noted, "RUSSIA. 5 Kopeks, 1764/3-EM. Ekaterinburg Mint. Catherine II (the Great). NGC AU-58 Brown. A well struck coin with slightly porous obverse surfaces, just a touch of wear on the obverse high points, and deep brown patina throughout." This type was struck 1763-96 in the Ekaterinburg mint for circulation in Russia during the reign of Catherine the Great. Over a billion were issued between the Annensk, Moscow, Sestroretsk, Kolyvan, Ekaterinburg and St. Petersburg mints. The mintage noted below consumed 1,834 metric tons of copper. Many survive today but few in choice condition. Russia has the distinction of being the first country to issue decimal currency, as 100 kopeks = one ruble. The second specimen was lot 97 in Sincona sale 84 (Zürich, October 2023), where it sold for 17,000 CHF (about US$22,893 including buyer's fees). The catalog description[2] noted,

"RUSSIA Russian Empire and Federation, 5 Kopecks 1764, Avesta Mint. Extremely rare. 200 roubles according to Ilyin. NGC VF Details. Environmental damage. From auction Künker 225, Osnabrück, January 2013, lot 1605 (price realized: EUR 34,000). During the Russian-Swedish War of 1788-1790, 5 Kopecks coins were minted at the Swedish mint and served as payment for Russian workers in the border regions. There were 5 Kopecks coins minted in 1788 with the dates 1764, 1778, and 1787. Sweden claimed that these were coins captured from Russian ships and not "counterfeit money". This war coinage is one of the most interesting phenomena in monetary history and one of the most popular rarities in Russian and Swedish numismatics. The 1764 year offered here is by far the rarest of the three years, only very few pieces are known (besides the specimen in the museum of Avesta probably only 3 in private hands)."

Recorded mintage: 35,824,000.

Specification: 51.2 g, copper. The second specimen is 43.62 g.

Catalog reference: KM-C59.3; Bit-610. the second specimen is KM C59a, Bitkin 1286 (R3). Delzanno 128. AAH 106.

Source:

  • Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1901-2000, 47th ed., Iola, WI: Krause Publications, 2019.
  • Bitkin, Vladimir, Composite Catalogue of Russian Coins, Part II (1740-1917), Kiev: Moneta, 2003.
  • Harris, Robert P., Guidebook of Russian Coins, 1725 to 1970, Santa Cruz, CA: Bonanza Press, 1971.
  • Brekke, B. F., The Copper Coinage of Imperial Russia, 1700-1917, New York, Galerie des Monnaies, 1977, with 1987 supplement.
  • [1]Orsini, Matt, Kyle Ponterio and Jeremy Bostwick, The October 2021 Collector's Choice sale: World and Ancient Coins, Costa Mesa, CA: Stack's Bowers LLC, 2021.
  • [2]Richter, Jürg, SINCONA Auction 84, Russian Coins and Medals, Zürich: SINCONA AG, 2023.

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