Author Topic: Berlin: Anna ruble fetches more than €400,000  (Read 1951 times)

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Offline chrisild

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Berlin: Anna ruble fetches more than €400,000
« on: February 01, 2010, 12:20:32 PM »
The Künker auctions at the World Money Fair in Berlin this weekend ended with a record: The more than 1,100 items fetched a total of more than 5 million euro. The most expensive piece was this trial (?) ruble from 1730:



Some buyer paid a whopping €410,000 for the coin. http://www.kuenker.de/onlineAuctionOrderDetail.asp?lid=1&nid=148&lager=00057&dsnr=1092&los=1110  That makes it the most expensive coin ever auctioned in Germany ...

Christian

Online Figleaf

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Re: Berlin: Anna ruble fetches more than €400,000
« Reply #1 on: February 01, 2010, 12:45:09 PM »
A magnificent piece. I wonder why Anna didn't have it mass produced. I hope some museum bought it. It belongs in the public sphere.

That's an average of over €4500 per item auctioned (auctioneer's fee not included, I guess). Good for Künker, but I wonder if it doesn't give a totally wrong image of the hobby. I don't think coin collecting is about rarities, patterns and big money. You can build a collection that - while far from "complete" - gives a fair impression of coins in circulation while never spending more than $50 on a single piece. Some of the best things in coin collecting (an extensive trade, an enlargement of a very detailed design, finding rejected designs in government archives) are even virtually free. They "cost" energy, not money.

Peter
An unidentified coin is a piece of metal. An identified coin is a piece of history.

RHM22

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Re: Berlin: Anna ruble fetches more than €400,000
« Reply #2 on: February 02, 2010, 01:35:00 PM »
A magnificent piece. I wonder why Anna didn't have it mass produced. I hope some museum bought it. It belongs in the public sphere.

That's an average of over €4500 per item auctioned (auctioneer's fee not included, I guess). Good for Künker, but I wonder if it doesn't give a totally wrong image of the hobby. I don't think coin collecting is about rarities, patterns and big money. You can build a collection that - while far from "complete" - gives a fair impression of coins in circulation while never spending more than $50 on a single piece. Some of the best things in coin collecting (an extensive trade, an enlargement of a very detailed design, finding rejected designs in government archives) are even virtually free. They "cost" energy, not money.

Peter

I agree. Though these sales are interesting and fun to watch, I think they actually damage the hobby slightly.

Offline gxseries

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Re: Berlin: Anna ruble fetches more than €400,000
« Reply #3 on: March 24, 2010, 02:41:22 PM »
Just in case people can't understand German, this particular Russian ruble is actually a pattern coin which was never released for circulation. Therefore this coin could only have come from museums or private owners.

andyg

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Re: Berlin: Anna ruble fetches more than €400,000
« Reply #4 on: March 24, 2010, 06:46:31 PM »
My understanding (please correct me if I'm wrong) of these is that if Mr Rich Person decided that he didn't have a certain coin in his collection he could go to the mint and get them to make one....

Online Figleaf

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Re: Berlin: Anna ruble fetches more than €400,000
« Reply #5 on: March 24, 2010, 10:17:46 PM »
Replace "Rich" by "Influential" and you are describing novodels. Some people collect them. Don't know if this piece is a novodel, though. Having coins made on demand is not unheard of in Britain either...

Peter
An unidentified coin is a piece of metal. An identified coin is a piece of history.