Russia 1993 5 rubles KM-Y420

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Heritage sale 3067, part of lot 32287
H3067-32287b.jpg
Heritage sale 3067, part of lot 32289
H3067-32289b.jpg

The first specimen was part of lot 32287 in Heritage sale 3067 (Long Beach, September 2018), where it sold for $1,920. The catalog description[1] noted, "Russian Federation 3-Piece Certified palladium Proof Set 1993-(L) NGC, 1) 5 Roubles - PR70 Ultra Cameo, KM-Y420; 2) 10 Roubles - PR70 Ultra Cameo, KM-Y421; 3) 25 Roubles - PR69 Ultra Cameo, KM-Y422. St. Petersburg mint. No flaws other than light toning on the 25 Roubles. APDW 1.75 oz." The second specimen was part of lot 32289 in Heritage sale 3067 (Long Beach, September 2018), where it sold for $1,800. The catalog description[1] noted, "Russian Federation 3-Piece Certified palladium Bolshoi Ballet Set 1993-(L) NGC, 1) 5 Roubles - MS70, KM-Y420; 2) 10 Roubles - MS70, KM-Y421; 3) 25 Roubles - MS68, KM-Y422. St. Petersburg mint. Pristine matte-like surfaces. APDW 1.75 oz." This palladium proof and mint set was released in conjunction with a ballet-themed gold proof set. In the ensuing years, the price of palladium has risen to where it is now higher than gold.

Recorded mintage: 6,000 plus proofs.

Specification: 7.75 g, 0.999 fine palladium, 0.250 troy oz APdW.

Catalog reference: KM Y420.

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, Warren Tucker and Sam Spiegel, 2018 September 6-11 Long Beach Expo World Coins & Ancient Coins Signature Auction #3067, Dallas: Heritage Auction Galleries, 2018.

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