Bulgaria 1892-KB 5 leva

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CNG Lissner sale, lot 64

Bulgaria fought a protracted war against the Ottomans, culminating in liberation from the latter's rule in 1878. The new Bulgarian state was quite weak, however, and new conflicts drew it into the Balkan Wars of 1912-1913, along with Serbia and Greece, once again against the Ottomans in Turkey. This specimen was lot 64 in Classical Numismatic Group's sale of the Lissner Collection (Chicago, August 2014), where it sold for $19,360. The catalog description[1] noted, "BULGARIA, Principality. Ferdinand I. 1887-1908. Proof AR 5 Leva. Körmöcbánya (Kremnitz) mint. Dated 1892 KB. In NGC encapsulation graded PF 66. Superb moderate toning with light hues of blue and gold. This is the only proof of this type ever encapsulated. Purchased from M. Louis Teller, 1981." This specimen sold for eleven times the catalog value for a proof. It was struck in Hungary. A very similar type was issued in 1894.

Recorded mintage: 1,001,375 plus proofs.

Specification: 2.5 g, .835 fine silver, this specimen Ø37 mm, 24.98 g, 6h axis.

Catalog reference: KM 15; Y 15, Dav-61.


  • Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1801-1900, 9th ed., Iola, WI: Krause Publications, 2019.
  • [1]Teller, M. Louis, and Victor England, Jr., The Richard Lissner Collection, Lancaster, PA: Classical Numismatic Group, 2014.

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