Russia 1993 50 rubles Fr-224

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Heritage sale 3064, lot 33752
Russia H3064-33752r.jpg

This specimen was lot 33752 in Heritage sale 3064 (Chicago, April 2018), where it sold for $456. The catalog description[1] noted, "Russian Federation gold Proof 'Sergei Rachmaninov' 50 Roubles 1993(M) PR67 Ultra Cameo NGC. Struck in beautiful rose-gold and maintained to a great level of preservation with a striking cameo effect." This NCLT honoring composer Sergei Rachmaninov (1873-1943) was issued by the post-Communist regime. The fall of Communism did not alleviate the desperate shortage of foreign exchange.

Recorded mintage: 7,500 proofs.

Specification: 7.78 g, 0.999 fine gold, AGW 0.248 oz.

Catalog reference: KM-Y453, Fr-224.

Source:

  • Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1901-2000, 47th ed., Iola, WI: Krause Publications, 2019.
  • 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.
  • [1]Cristiano Bierrenbach and Warren Tucker, Heritage World Coin Auction 3064, featuring the Doug Robins Collection of Canadian Tokens, Dallas, TX: Heritage Auction Galleries, 2018.

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