Ukraine 1996 2000000 karbovantsiv KM-25

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Steve Album sale 55, lot 3069

This specimen was lot 3069 in Steve Album Auction 55 (Santa Rosa, CA, May 2026), where it sold for $115. The catalog description[1] noted, "UKRAINE: Republic, AR 2,000,000 karbovantsiv, 1996, Atlanta Summer Olympic Games, struck at the Polish mint, Warsaw, Proof." Wikipedia comments, "The Karbovanets (Ukrainian: карбованець, romanized: karbovanets', plural: карбованці, karbovantsi for 2–4, or карбованців, karbovantsiv for 5 or more), also colloquially known as kupon (купон, plural: купони, kupony) or coupon from the banknote printing, is a former unit of currency in Ukraine in three separate periods of the 20th century. It is also a predecessor currency of today's Ukrainian hryvnia." This is an example of the third karbovanets, used 1992-96. It was accompanied by a 200,000 karbovantsiv (KM 23) struck in copper-nickel. The hryvnia was introduced in 1996 to supersede the Karbovanets (1 hryvnia = 100,000 karbovantsiv).

Recorded mintage: 10,000 at the Warsaw mint.

Specifications: 33.63 g, 0.925 fine silver, 33.63 mm diameter, reeded edge.

Catalog reference: KM-25.

Sources:

  • Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1901-2000, 47th ed., Iola, WI: Krause Publications, 2019.
  • [1]Album, Stephen, Joseph Lang, Paul Montz, Michael Barry and Hanbing Feng, Auction 55, featuring Selections from the Swamperbob Gurney Collection of Cap & Ray 8 Reales, the Kenneth A. Bovenkamp Collection of Ottoman Coins and the 1914 Collection of World Coins, Santa Rosa, CA: Stephen Album Rare Coins, Inc., 2026.

Links:

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