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150 Roubles Platnum Coin.

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FYI's Avatar
United States
177 Posts
 Posted 06/12/2006  10:36 pm Show Profile   Bookmark this topic Add FYI to your friends list Get a Link to this Message Number of Subscribers
My math teacher, who was born in russia, has about 12 russain 150 rouble
platnum coins. she told the class that she was born in russia, so I said "is it true there are platnum coins in russsia" and she said "yes, in fact, I have a dozen at home." [:0][:0][:0] WOW. my question is, how much are these things worth? just in melt vallue allone, there is about 6,000 dollars worth of platnum there, but is there any numismatic value besides melt?
Pillar of the Community
Australia
3831 Posts
 Posted 06/13/2006  03:48 am  Show Profile   Bookmark this reply Add gxseries to your friends list Get a Link to this Reply
There is one thing you must know about Russia, that is, Russia is the only insane country that managed to have circulated platinum coinages back in the years of 1828-1845.

Pardon me, the prices might be right. With 12 of those 150 ruble coins, it's 6 troy ounce and hence multiply that by 1,100USD (around) and yes, around 6,600USD. But yes, prices of such coins have been rising steadily these years. There are both proof and uncirculated platnum coins, and Russia has never ever produced uncirculated platinum coins ever since the 80 Olympics other than the platinum ballerina coins minted in 93 and 94 (if I am not wrong). Ironically, uncirculated platinum coins are actually much rarer, but price wise, is not too much of a difference, although I believe it is set to change.

A platinum 150 ruble coin actually has exactly half troy ounce of platinum, of refineness 0.9995. There are exactly 5 different designs (or 10 different varieties if you want to include both proof and uncirculated) minted from 1977 to 1980, and the last year's design is the "rarest" with its lowest mintage.

This is an example that I have:

150-Roubles-Platnum-Coin.

1978 Russia 150 platinum ruble. Theme: Discus and the emblem of the Moscow Olympics '80. Nice half ounce proof coin in Pt 9993. Total mintage is 32,356 and only 19,856 of such are in proof condition.

What is more interesting is if she has the whole set in the proper red leather box together with it's original certificates. Such sets are usually bringing over 3 thousand dollars these days.

But I really wonder - such coins aren't cheap in the first place, even though your teacher might have brought them from Russia - those really did cost a fortune in the past.
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.
Edited by gxseries
06/13/2006 05:33 am
Pillar of the Community
Australia
3831 Posts
 Posted 06/14/2006  01:45 am  Show Profile   Bookmark this reply Add gxseries to your friends list Get a Link to this Reply
Pardon me, I was only thinking of the Soviet Olympics platinum coinages.

There are other Soviet platinum coins minted since 1988 till 1995 when the Russian economy started to do very bad.

A great example can be found here together with it's price:

http://www.moheta.de/
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.
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