Ukraine 1997 20 hryven KM-57

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Steve Album sale 55, lot 3078

This specimen was lot 3078 in Steve Album Auction 55 (Santa Rosa, CA, May 2026), where it sold for $216. The catalog description[1] noted, "UKRAINE: Republic, AR 20 hryven, 1997, 200th Anniversary of the Opening the Kyiv Contract Fair, Proof. The transfer of the important annual contract fair from Dubno to Kyiv, a decision made by Tsar Paul I, was made to stimulate Kyiv's economy. The fair, which became known as the Kyiv Contract Fair, began operating in Kyiv in 1797 and was closed in 1927 after being banned by the Soviet authorities. The fair had changed from a contract and wholesale market into a simple commercial fair and lost much of its importance after the 1917 October Revolution. Its closure was part of the Soviet government's anti-private ownership policies." The hryvnia was introduced in 1996 to supersede the karbovanets (1 hryvnia = 100,000 karbovantsiv). Four different twenty hryven (KM 36, 46, 54, 57) were issued in 1997.

Recorded mintage: 5,000.

Specifications: 33.63 g, 0.925 fine silver, 38.61 mm diameter, reeded edge.

Catalog reference: KM-57.

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.

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