Russia 1979-MMA chervonetz

Sincona sale 78, lot 605

This specimen was lot 605 in Sincona sale 78 (Zürich, October 2022), where it did not sell. The catalog description^[1] noted, "RUSSIA | Russian Empire and Federation | Union of Soviet Socialist Republics, 1917-1990, 10 Roubles 1979, Moscow Mint. Chervonetz. PCGS MS67." The first chervonetz was issued in 1923 as an attempt by the new Communist regime to win international respect by issuing a strong gold coinage. The coin was issued to the standard of the old czarist ten rubles (KM Y64, issued 1898-1911) but was a failure. Many years later, in 1975, the Russian government tried again with this coin, which was struck 1975-82 in some numbers and sold and traded as a bullion coin. None are known to have circulated at their nominal face value of ten rubles.

Recorded mintage: 1,000,000.

Specification: 8.60 g, 0.900 fine gold, .248 troy oz AGW.

Catalog reference: KM-Y85, Parchimowicz 287 h, Fr-181a.

Source:

• 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.
• Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1901-2000, 47th ed., Iola, WI: Krause Publications, 2019.
• ^[1]Richter, Jürg, SINCONA Auction 78, Russian Coins and Medals, The Grigoriy Stakhorsky Collection, Part 1 and other Properties, Zürich: SINCONA AG, 2022.

Links to:

• 1978 chervonetz
• 1979(l) 100 rubles Waterside Stand
• 1979(m) 100 rubles Sports Hall
• 1979 150 rubles, Olympic wrestlers
• 1980 chervonetz
• Coins and currency dated 1979
• return to coins of Russia