Russia 1896 Rouble - Save Or Sell? - Coin Community Forum

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Author	Replies: 6 / Views: 1,138
deisenb75 New Member United States 29 Posts	Posted 02/08/2018 7:22 pm Hi everyone. I have a rather worn 1896 Russian Rouble, Y#59.2 (with the star mint mark on the rim) that I inherited from my grandfather. Looking at the Standard Catalog of World Coins 7th and 8th editions, I noticed that the listed value in the 7th ed. was $36 for a F grade, but jumped to $50 in the 8th ed. I absolutely don't trust myself in terms of grading, but I'd say F is a pretty fair estimate. I was thinking about selling it and using the money to buy multiple less expensive circulation world coins, as that is predominantly what I collect. But now I'm considering holding onto it in the hopes that the catalog value will continue to increase like that over the coming years. I wouldn't mind keeping it for its investment quality. Any insight? If anyone has earlier editions of the standard catalogue handy, does that jump in valuation appear in prior years? Thanks for the help! Report this Post to the Staff

gxseries Pillar of the Community Australia 3831 Posts	Posted 02/08/2018 8:17 pm I can't remember everything off the top of my head but I'm certain that if it has only one star, this coin was struck in Paris. If it has two stars, it is struck in Brussels. I personally don't think it's a valuable coin in low condition. My partial coin collection http://www.omnicoin.com/collection/gxseries My numismatics articles and collection: http://www.gxseries.com/numis/numis_index.htm Regularly updated at least once a month. Report this Post to the Staff
moxking Rest in Peace United States 17900 Posts	Posted 02/08/2018 8:19 pm If it came from your grandfather, it would be a real shame to part with it. Report this Post to the Staff
tdziemia Pillar of the Community United States 7968 Posts	Posted 02/08/2018 8:28 pm I consider ebay the market indicator for common coins. Take a look here for an example in similar condition to yours, and what it has sold for recently. https://www.ebay.com/sch/i.html?_sa...skc=50&rt=nc Fine condition does not look like an investment grade coin, and if I were you I would unload it, unless the sentimental value is above $50. Report this Post to the Staff
yellow88 Pillar of the Community United States 581 Posts	Posted 02/08/2018 8:45 pm I've been in your exact shoes. What I did was take the advice of the older, experienced collectors I sought advice from an sold. Then took the money to buyer a variety of less expensive world coins. I wasn't a collector or even thought about numismatics before. Upon doing so I really fell in love with this hobby and have derived more enjoyment then I ever expected along with meeting some great people I never would have otherwise met. Fond memories of my grandfather have been with me the whole time. It quickly dawned on me why he left me a coin. Good times! Report this Post to the Staff
deisenb75 New Member United States 29 Posts	Posted 02/08/2018 9:38 pm Thanks for the advice everyone! I'm not too worried about losing interest in the hobby, as I've been collecting for a few years now and have amassed a relatively significant collection of world circulating coins. Sentimental value...maybe, but I've already sold a lot of the doubles of older US coins that I got from my grandfather as well. I'll probably just end up selling, but we'll see. Edit: If anyone does in fact have the expertise to tell me if these are real or fake though, I'd love to hear it! Edited by deisenb75 02/08/2018 9:49 pm Report this Post to the Staff
Chute72 Pillar of the Community United States 1314 Posts	Posted 02/09/2018 05:58 am I was once in your position as well. A half century later, I still have the coin and written documentation. It will be passed on in time, and could not be replaced with any amount of money. If the $35-$50 means that much to you, put in a few extra hours at work, mow a few lawns, collect aluminum for recycling, etc. It costs me $50 every time I need my driveway plowed. It isn't about the money. Report this Post to the Staff
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