Russia 1976-LMD chervonetz
This specimen was lot 58330 in Stack's Bowers NYINC sale (New York, January 2024), where it sold for $660. The catalog description[1] noted, "RUSSIA. Chervonetz (10 Rubles), 1976-(AMA). St. Petersburg (Leningrad) Mint. NGC MS-65. From the Vladimir Greyf Collection." The first chervonetz was issued in 1923 as an attempt by the new Communist regime to win international respect by issuing a strong gold coinage. The coin was issued to the standard of the old czarist ten rubles (KM Y64, issued 1898-1911) but was a failure. Many years later, in 1975, the Russian government tried again with this coin, which was struck 1975-82 in some numbers and sold and traded as a bullion coin. None are known to have circulated at their nominal face value of ten rubles.
Recorded mintage: 1,000,000.
Specification: 8.60 g, 0.900 fine gold. AGW: 0.2489 oz.
Catalog reference: Fr-181a; KM Y85.
- 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, January 2024 NYINC Auction, featuring the Emilio M Ortiz Collection and a Symphony of Russian Rarities, the Rothschild-Piatigorsky Collection, Costa Mesa, CA: Stack's Bowers Galleries, Inc., 2023.
Link to: