Bulgaria 1894-KB 20 leva

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Sincona sale 26, lot 2564
This specimen was lot 2564 in Sincona sale 26 (Zurich, October 2015), where it sold for 475 CHF (about US$587 including buyer's fees). The catalog description[1] noted,
"Ferdinand I. 1887-1918 20 Lewa 1894. Fast vorzüglich-vorzüglich. (choice extremely fine)"
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 issue minted in Kremnitz, along with an accompanying ten and hundred leva, are the only gold issues of prince Ferdinand.

Recorded mintage: 100,000 plus proofs.

Specification: 6.45 g, .900 fine gold, .186 troy oz AGW, lettered edge; this specimen 6.45 g.

Catalog reference: Schl. 2. Fr-3, KM 20.


  • 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.
  • [1]Richter, Jürg, Ruedi Kunzmann and Arne Kirsch, Numismatic Coins & Medals, Auction 26, Zurich: SINCONA AG, 2015.
  • Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1801-1900, 9th ed., Iola, WI: Krause Publications, 2019.

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