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Russia: Imperial Gold Coins Restruck By Soviet Government

 
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Author Previous TopicReplies: 6 / Views: 810Next Topic  
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United States
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 Posted 03/23/2023  1:56 pm Show Profile   Bookmark this topic Add RoLik to your friends list Get a Link to this Message
Many years ago I purchased an 1899 10 Rouble gold coin. Based on my knowledge at the time, it looked good and I put it away in the safe next to a nice 1978 Chervonets. A few months ago I was going through the safe and found these 2 coins stuck inside an old passport.

Coin was sent in to PCGS for grading and came back as MS-64 Soviet Restrike. The mintmaster on the rib is AG...

Can someone tell me the story as to when and why the Soviet government restruck these coins? I find it very fascinating and would love a book about the subject I can read...

I can post picture of the coin(s) if anyone wants to see them...

Edited by RoLik
03/23/2023 2:23 pm
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United States
28460 Posts
 Posted 03/23/2023  6:33 pm  Show Profile   Bookmark this reply Add Spence to your friends list Get a Link to this Reply
I can post picture of the coin(s) if anyone wants to see them...

Yes please. Thx!
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Argentina
44 Posts
 Posted 03/24/2023  12:37 am  Show Profile   Bookmark this reply Add JulioEC to your friends list Get a Link to this Reply
According to Krause, 27,600,000 10 ruble coins were struck in 1899. No mention of restrikes, as it does with some 20 francs (France, rooster / Swizerland, 1935D), Austrian ducats or 20 florint 1892 coins. Restrike or not, it's an astounding amount of coins produced that year, specially considering that for other dates only 125 units were coined.

Y# 64 10 ROUBLES
8.60 g., 0.900 Gold 0.2489 oz. AGW Ruler: Nicholas II Obv:
Head left Rev: Crowned double-headed imperial eagle, ribbons
on crown Note: Without mint mark. Moneyer's initials on edge.
Date Mintage F12 VF20 XF40 MS60 MS63
1898 200,000 299 500 600
1899 27,600,000 299 450 550
1899 Inc. above 299 500 600
1899 Inc. above 299 500 600
1900 6,021,000 299 450 550
Common date PF60 7,000
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Argentina
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 Posted 03/24/2023  12:41 am  Show Profile   Bookmark this reply Add JulioEC to your friends list Get a Link to this Reply

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 Posted 03/24/2023  03:46 am  Show Profile   Bookmark this reply Add Sap to your friends list Get a Link to this Reply
The high mintage figure no doubt includes the restrikes.

As for how, when, and why, I suspect most of them were made in the period prior to the 1930s, when most world governments still did not recognize the USSR as the legitimate government of Russia. A gold coin with the old Tsar would have been trusted by gold dealers outside the USSR far more than an otherwise identical gold coin covered in Communist symbols. So, a matter of pragmatism over ideology.

They certainly wouldn't have been selling them within the USSR.
Don't say "infinitely" when you mean "very"; otherwise, you'll have no word left when you want to talk about something really infinite. - C. S. Lewis
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 Posted 03/24/2023  07:14 am  Show Profile   Bookmark this reply Add RoLik to your friends list Get a Link to this Reply
Here are the pictures of the Passport buddies:




Sap, I tend to think you're right.



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Argentina
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 Posted 03/24/2023  08:40 am  Show Profile   Bookmark this reply Add JulioEC to your friends list Get a Link to this Reply
Sap, perhaps the guy on the coin is not the Tsar, but Stalin with a fake beard. I will analyze it and try to spot the differences with other imperial coins.
Edited by JulioEC
03/24/2023 08:40 am
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