Russia 1758 ruble Fr-116

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Heritage sale 3037, lot 31275
photo courtesy Heritage Auction Galleries

This specimen was lot 31275 in Heritage sale 3037 (New York, January 2015), where it sold for $21,150. The catalog description[1] noted, "Elizabeth gold Rouble 1758 MS64 Prooflike NGC, Red mint. Obv. Bust right. Rev. Crowned double-headed Imperial eagle with date and value. Well struck, with nicely mirrored fields and some decent cameo contrast with the devices. The assigned grade seems quite conservative, as there are virtually no significant abrasions and the only things we feel pressed to mention are die cracks (as struck) in the right obverse field. A truly stunning example of this scarce gold type. This is the only piece certified in Prooflike, and no pieces have been certified finer than MS64." This gold ruble was issued 1756-58 and does not seem to have been a success, as the denomination was not issued again in gold until 1779. It was accompanied by a gold half (Fr-118) and two rubles (Fr-115).

Recorded mintage: 117,000.

Specification: 1.62 grams, .917 fine gold.

Catalog reference: Bitkin-68 (R), Fr-116; KM C22; Sev-196.

Source:

  • [1]Bierrenbach, Cristiano, Warren Tucker and Scott Cordry, Heritage Signature Auction 3037, featuring the Empire, the Santa Catarina, the Law and the Santa Maria Collections, Dallas, TX: Heritage Auction Galleries, 2014.
  • Friedberg, Arthur L. and Ira S. Friedberg, Gold Coins of the World, From Ancient Times to the Present, 7th ed., Clifton, NJ: Coin and Currency Institute, 2003.
  • Michael, Thomas, Standard Catalog of World Coins, 1701-1800, 7th ed., Iola, WI: Krause Publications, 2016.

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