Russia 1997 ruble KM-Y561
This specimen was lot 57700 in Stack's Bowers ANA sale (Pittsburgh, PA, August 2023), where it sold for $40. The catalog description[1] noted, "RUSSIA. Ruble, 1997-(L). Leningrad (St. Petersburg) Mint. NGC PROOF-68 Ultra Cameo." This NCLT honored the 850th annversary of the founding of Moscow. Other rubles struck in 1997 included Y562, Y563, Y564, Y565, Y566, Y576, Y577, Y578, Y579, Y580, Y581, Y582, Y583, Y604, Y611, Y612 and Y613. Most were silver, some were copper-nickel. The regime seemed to think that the issue and sale of commemoratives would solve their fiscal problems. The coinage reform of 1998 (1000 old rubles = one new ruble) rendered these coins obsolete.
Recorded mintage: 20,000 plus 5,000 proofs.
Specification: 8.53 g, 0.925 fine silver, 25 mm diameter.
Catalog reference: KM-Y561.
- 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, August 2023 Global Showcase Auction, World & Ancient Coins, Costa Mesa, CA: Stack's Bowers Galleries, Inc., 2023.
Link to:
- 1992-M ruble, circulation issue
- 1997 3 rubles, 1 oz silver, Swan Lake, Small Swans Dance
- 1997 3 rubles, 1 oz silver, Swan Lake, Rothbart and Siegfried
- 1997 25 rubles, 5 oz silver, Swan Lake
- 1997 50 rubles, polar bear
- 1997 100 rubles, Swan Lake ballet, 1 kg silver
- 1997 100 rubles, ½ oz gold, polar bear
- 1997 100 rubles, Sergius Witte and monetary reform
- 1998 ruble, circulation issue
- Coins and currency dated 1997