This short article describes a group of rare
Russian coin discovered by Morton & Eden in London. -Editor
A group of rare silver Tsarist
coins in extraordinary condition has been discovered among a
large cache of otherwise mainly unremarkable coinage by
specialist London auctioneers Morton & Eden. The 39 coins, struck
during the reign of Alexander I, could raise as much as £100,000
when they are offered for sale on June 10.
They were found by Jeremy Cheek when he was sifting through
hundreds of small old envelopes of coins sent for appraisal by a
descendant of an eastern European family whose members had
emigrated to the West many years ago.
Most was worn common coinage of low commercial value, but one
envelope contained what appears to be part of a set of silver
kopecks of different dates and face values struck by Tsar
Alexander I who ruled as Emperor of Russia from 1801 until his
death in 1825. The coins are small, ranging from 14mm to 22mm
(0.55-0.87 inches) in diameter.
"I was really surprised to find them in an otherwise fairly
ordinary group of coins," Mr Cheek said, "and moreover I was
astonished by their condition. Clearly they have never been in
circulation. Their origin remains a mystery. Each coin is a
different variety, there being no duplication, and yet there are
no apparent records of such a set having been issued."
The group also includes coins with extremely rare dates. A 10
kopecks of 1803 is the most valuable. It was graded at MS65 on
the PCGS scale and is estimated at £15,000-20,000. A 5 kopecks of
1812 (MS64), is estimated at £8,000-12,000, and a 5 kopecks of
1825 (also MS64), is estimated at £6,000-8,000. The sale on June
10 will be held at Sotheby’s London saleroom.
To read the complete article, see:
Rare Russian coins discovered by Morton & Eden, to be auctioned
on June 10
(artdaily.com/news/69330/Rare-Russian-coins-discovered-by-Morton---Eden--to-be-auctioned-on-June-10#.U0ncC_mcJRQ)
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