Author Topic: Russian Empire: 1 Ruble = 110,000 Euro  (Read 1420 times)

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Offline chrisild

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Russian Empire: 1 Ruble = 110,000 Euro
« on: July 01, 2009, 12:09:32 PM »
No, that is not the latest exchange rate. This was the highest price that a single coin fetched at the latest Künker auction. The buyer paid a total of about €135,000 for the piece.



This is a rare 1 ruble pattern from 1801, minted in St. Petersburg. Another highlight of the auction was the so-called Herborn Treasure which fetched €115,000. Except that is not one coin but ten gold and about 1000 silver pieces - put away in 1622 or so, during the Thirty Years War, and found in 1984 ...

Christian

Offline chrisild

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Re: Russian Empire: 1 Ruble = 110,000 Euro
« Reply #1 on: July 03, 2009, 12:19:17 PM »
The German weekly "Die Zeit" just published an article about the auction, focusing on the Herborn Treasure though.
http://www.zeit.de/2009/28/Kunstmarkt

According to the text, the previous owner was probably a rich merchant. The oldest coin was a silver penny from the 12th century. What is also interesting: The finder offered to sell the pieces to the city, or make it a permanent loan. Well, Herborn had and has no money for either option ...

Christian