USSR - CCCP PL Set 1961 / 1957 - Coin Community Forum

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Author	Replies: 6 / Views: 2,756
IBGolden Pillar of the Community Canada 598 Posts	Posted 06/10/2009 10:45 pm I picked up some foreign coins at a closeout sale last summer. First year proof set Rhodesia(red velvet box), flipped 1950's South Africa BU coins, USSR 1967 PL set in RCM type "pliofilm" (found info easily enough on these) and this 1961 USSR set... but the coins are 1957. My Russian is atrocious... can someone give me some info on the rather bizarre description on the set? I have no reference materials for such coins. Report this Post to the Staff

wd1040 Pillar of the Community United States 3098 Posts	Posted 06/10/2009 11:21 pm I think in 1961 The Soviets rebased their rubles or something with a new gold weight... they introduced a new series of banknotes, too. **ahhh... and Wikipedia confirms me! http://en.wikipedia.org/wiki/Soviet..._1961_-_1991 Report this Post to the Staff
WpgLwr Pillar of the Community Canada 1082 Posts	Posted 06/10/2009 11:56 pm Yes, that is correct, about 1961 the Ruble was revalued to a tenth of what it had been previously. For example, pre-1961, it cost 40 Kopeck to mail a letter in Russia; after the revaluation it only cost 4 Kopeck. Bascially, what they did was lop off a 0. The coinage was redesigned, and the old design coin was withdrawn as a result. This is what you have. Report this Post to the Staff
IBGolden Pillar of the Community Canada 598 Posts	Posted 06/11/2009 12:24 am ... ahh!, I was looking for 1961 and 1957 Kopeck and other spellings of Kopeck. Rouble and other spellings of Rouble would have been a better search. To think I should have known that but I was just looking at the writing on the cardboard and didn't think Rouble... and I really didn't search that hard and just put them away. But I've been straightening stuff up to make more efficient use of my rented storage(moved/closed bank that's now a business, that also rents out the safe deposit boxes and heated basement storage lockers). I take it the cyrillic(sp?) is what the English says and... Thanks both of you... I can find my way now. Report this Post to the Staff
DL20K Pillar of the Community Poland 3201 Posts	Posted 06/11/2009 04:16 am Yeah, the English text means the same as the Cyrillic. Report this Post to the Staff
gxseries Pillar of the Community Australia 3831 Posts	Posted 06/14/2009 06:17 am What this means is that the coins of 1921-1957 series are no longer in circulation and are officially withdrawn in 1961. Today this type of "mint set" is pretty scarce and I have seen it going over 200USD or so. However please don't quote me on that price as I have not seen any examples on ebay for a while. 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
IBGolden Pillar of the Community Canada 598 Posts	Posted 06/14/2009 2:20 pm Okay... I remember trying to search them out a week or so after I bought them. I couldn't find much in English but sorta weeded out a value from one site in Euros and converted it... it was over a hundred but I don't remember exactly. Anyway. If they were "discontinued", were the coins supposed to be destroyed/recycled?... were the coins held by the mint or some other official then placed in these holders... and why would the governing body release a set well after it should have been re-called and seemingly worthless?... or were the holders made and collectors filled them? I don't have the set rite handy but they were in the same condition I would have expected any PL Mint set to be... you know BUnc condition. Thanks all for the info you've provided. It was more than I ever came up with. Report this Post to the Staff
	Replies: 6 / Views: 2,756

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