NGC-certified Russian Rarity Realizes Almost $500,000 in Swiss Auction

Posted on 29/10/2019

The 1701 2 Ducats soared above its starting bid.

Vintage Russian coins certified by Numismatic Guaranty Corporation™ (NGC®) did very well at the SINCONA sale of Russian Coins and Medals, held October 21, 2019, in Zurich, Switzerland. The total of the top five NGC-certified Russian coins was over $1 million.

The most impressive result was a Russia 1701 2 Ducats graded NGC AU Details that realized 480,000 CHF (about $483,000 USD). This coin is among the first round coins struck by machinery in Russia as part of Peter the Great’s bold monetary reform, which helped to finance the Russian army, create a navy, build infrastructure and ultimately establish the Russian Empire as an important player in European and international politics. Not only is the coin an interesting numismatic artifact, it is extremely rare.

This Russia 1701 2 Ducats graded NGC AU Details realized 480,000 CHF (about $483,000 USD).
Click images to enlarge.

The following NGC-certified coins also sold for high prices in the Russian Coins and Medals sale:

NGC-certified coins that realized high prices in the other SINCONA sales, which were held through October 24, included:

All prices realized include buyer’s premium.

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