Russia 1988 25 rubles

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Stack's Bowers November 2022 Collectors Choice sale, lot 75623
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This specimen was lot 75623 in Stack's Bowers Collectors Choice sale (Costa Mesa, CA, November 2022), where it sold for $2,040. The catalog description[1] noted, "RUSSIA. Palladium 25 Rubles, 1988-(L). Leningrad (St. Petersburg) Mint. NGC PROOF-69 Ultra Cameo. A stunning example honoring a millennium of Christianity in Russia, this full ounce of Palladium is beautiful and falls just short of being perfect." Palladium was promoted in the late eighties and early nineties as a precious metal alternate to the more costly gold and platinum. The Communist regime, in its declining years, issued dozens of commemoratives in various metals as a means of earning foreign exchange.

Recorded mintage: 7,000.

Specification: 31.10 g, 0.999 fine palladium.

Catalog reference: Fr-196; KM-Y212.

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 November 2022 Collectors Choice Ancient & World Coins Auction, Featuring the Pat Johnson Collection, Costa Mesa, CA: Stack's Bowers LLC, 2022.

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