Stack's Bowers Galleries (& Ponterio) > October 2024 Hong Kong AuctionAuction date: 14 October 2024
Lot number: 44618

Price realized: Unsold
Lot description:


(t) RUSSIA. Ruble, 1704 (date in old Cyrillic). Moscow (Red) Mint. Peter I "the Great". NGC EF-45.
Dav-1645; KM-122.2; Bit-796; Diakov-82. Variety with an "A" engraved over a mistaken "Д" in "ДОБРАѦ". The first year of issuance of the Ruble denomination, this date is RARE as a whole, but especially so in the present problem-free condition. Typically, examples feature repair work, cleaning, scratches, or other forms of surface manipulation, as evidenced by the PCGS and NGC census data for the issue: in total, a mere 12 examples of all varieties have been certified in problem-free grades over the two services, and none above AU-50. The present example offers nothing less than perfectly wholesome surfaces. The strike is relatively strong, with much portrait detail present, and each side is graced with a blanket of rich patina, with traces of original luster even remaining in the fields. A solitary, as-made adjustment mark traces across the elaborate coat and hair of Peter I. All in all, this is an admirable survivor and a piece that has clearly been well-cared for over the last three centuries of its existence, and which will undoubtedly end in a collection where originality and surface preservation are similarly prized.

We note that an example of this variety certified by NGC as EF Details--Cleaned, sold for $24,000 including buyer's premium in our January 2023 auction (lot 22155).

Estimate: $15000 - $25000

Match 1:
Stack's Bowers Galleries (& Ponterio) > January 2025 NYINC AuctionAuction date: 17 January 2025
Lot number: 32257

Price realized: This lot is for sale in an upcoming auction - Bid on this lot
Lot description:


RUSSIA. Ruble, 1705-MA (in old Cyrillic). Moscow (Kadashevsky) Mint. Peter I "the Great". NGC VF-25.
KM-122.1; Bit-178 (R). Featuring some even wear across the higher points and a great gunmetal gray tone throughout, this highly original example offers clarity in the legends as well as devices. In particular, the portrait of the famous czar stands as a resounding countenance with an expressive nature.

Estimate: $5000 - $7500

Match 2:
Stack's Bowers Galleries (& Ponterio) > January 2025 NYINC AuctionAuction date: 17 January 2025
Lot number: 32255

Price realized: This lot is for sale in an upcoming auction - Bid on this lot
Lot description:


RUSSIA. Gold 2 Rubles, 1720. Moscow (Red) Mint. Peter I "the Great". NGC AU Details--Cleaned.
Fr-91; KM-158.5; Bit-83 (R1). A fairly RARE and difficult-to-encounter type, this lightly circulated specimen garners its name from the reverse iconography in which St. Andrew stands facing the viewer, his eponymous saltire cross borne upon his back. Extremely well centered and struck, this specimen displays some minor cleaning as noted, but otherwise remains without issue, with some alluring burnished toning beginning to appear near the peripheries--an aspect that allows its captivating nature to be that much more apparent. To view all items from the Robert D. Reed Collection, click here.

From the Robert D. Reed Collection.

Estimate: $10000 - $20000

Match 3:
Baldwin's Auctions Ltd > Auction 118Auction date: 21 October 2024
Lot number: 502

Price realized: 105,000 GBP   (Approx. 136,523 USD / 125,997 EUR)   Note: Prices do not include buyer's fees.
Lot description:


Russia
Russia, Peter I the Great (1682-1725), gold Ducat, 1716 - XF 40 EXTREMELY RARE Russia, Peter I the Great (1682-1725), gold Ducat, 1716, Moscow mint, variety with reverse 7 in date and no rivets on sleeve, draped and cuirassed bust right, with clasp. Rev. Crown above Imperial eagle, 3.43g (KM 151; Bit. 57 (R3); Diakov 6). In NGC holder graded XF 40 (6770039-001). Photo by NGC. One of the rarest Russian coins, this astonishingly rare Ducat of Peter the Great (Bitkin 57) has never previously been on the market. These gold Ducats were produced for international financial operations and commercial transactions during the reign of the Emperor Peter the Great. Peter led a cultural revolution inspired by Enlightenment that replaced some of the medieval social and political systems with ones that were modern, scientific and Westernized. Last time a coin of this particular type (Bitkin 57) was seen on the market was in 2007, a testament to how seldom they come for sale. NGC census sadly does not differentiate the Ducats of this year per Bitkin types, only per year of mintage. As coin collectors will know, the Ducats of 1716 boast a few different types of portraits, with clear differences in Emperor's cuirass and cloak. Out of the various types struck in 1716, Bitkin 57 type gold Ducat is one of the rarest, which amplified by the fact that it is straight-graded, with no major issues and a clear portrait of Peter the Great. A true rarity of Russian Imperial coinage.

Estimate: £40000 - £60000

Match 4:
Stack's Bowers Galleries (& Ponterio) > August 2024 Global Showcase AuctionAuction date: 12 August 2024
Lot number: 42561

Price realized: 7,000 USD   (Approx. 6,404 EUR)   Note: Prices do not include buyer's fees.
Lot description:


RUSSIA. 2 Kopeks, 1804/3-EM. Ekaterinburg Mint. Alexander I. NGC VF-35.
cf. KM-C-114.1 (overdate not mentioned); cf. Bit-309 (R3; same); cf. Brekke-84 (same). Mintage: 20. A tremendously elusive and EXTREMELY RARE date, this specimen bears a mintage just 20 pieces according to Brekke. Interestingly, none of the references mention an overdate, with this curious example featuring an obverse eagle style used for the 1802 & 1803 issues, with the plated example for 1804 (Bitkin and Brekke plate the same specimen) featuring an updated eagle (most notably in the shape of the wings). The stops on the reverse, however, appear to be the larger "pellet-in-annulet" stops associated with the plated example from 1804. Additionally, a stop is present following the final digit of the date, dissimilar to those of 1802 & 1803. Given its overdate status, and the fact that the smaller stops would be expected, as well as the fact that allegedly just 20 were produced in 1804 (with updated obverse and reverse dies), quite possibly the present specimen is in fact a transitional issue blending the styles of 1802 & 1804 and what was eventually used (if ever so briefly) for 1804. A final aspect that seemingly shares no characteristics with any other observed examples from 1802, '03, or '04 is the dividing line between the denomination and date. On all others, a solid line--or even one that bends slightly upward and downward near the middle--is observed, whereas this example displays a segmented dividing line that is somewhat engrailed to the right. As such, this piece may very well be UNIQUE.

Estimate: $3000 - $5000

Match 5:
Classical Numismatic Group > Islamic Auction 7Auction date: 24 October 2024
Lot number: 42

Price realized: 16,000 USD   (Approx. 14,818 EUR)   Note: Prices do not include buyer's fees.
Lot description:


Umayyad Caliphate, Silver coinage. AR Dirham (25.8mm, 2.36 g, 3h). Bukhara mint. Dated AH 84? (AD 703). Obverse: margin reads bism Allah db (sic, for duriba) hadha al-dirham bi-Bukhara fi sanat arba't thamanin; five small annulets in outer border / Reverse: wa at beginning of third line of field. VF, minor losses to edge and some flan delamination . Unpublished, believed unique, and the first Umayyad dirham known from the mint of Bukhara.

Two other extremely rare Eastern dirham mints, both similarly unknown to Klat, were also briefly active at this time. These mints are Tukharistan, known from two specimens dated AH 80 (CNG Triton XXI, 9 January 2018, lot 947) and AH '8' (Morton & Eden 69, 10 April 2014, lot 20), and Balkh, known from a specimen with the date read as either AH 87 or 82 (Morton & Eden 79, 21 April 2016, lot 36). The coin offered here exhibits a number of striking similarities with these three pieces, and the style and fabric are clearly close to the Balkh and the Tukharistan '8' dirhams in particular. It is noteworthy that these two coins also have illegible or incomplete dates, which are difficult to read and interpret, much as on the present piece. The year as been tentatively read as AH 84 here; the decade is certain, but the unit is not clearly engraved. AH 82, which would of course fit with the Balkh dirham mentioned above, is another possibility.



The first Muslim armies reached Bukhara during the caliphate of Mu'awiya, when a force led by 'Ubaydallah b. Ziyad crossed the Oxus in AH 53/4. 'Ubaydallah was able to demand tribute from Khatun, who was ruling in Bukhara as regent for her young son Tughshada, and further tribute was exacted two years later by 'Ubaydallah's successor, Sa'id b. 'Uthman. But our sources are clear that the Muslims were not able to establish permanent control of Bukhara until the mid-80s, when Qutayba b. Muslim led a series of campaigns into Sogdiana and finally overcame Bukharan resistance in AH 87. For two decades before this, the Arab settlers in the neighbouring province of Khurasan had squabbled and fought among themselves while also launching occasional raids across the Oxus - with varying degrees of success. A few years before this coin was struck, the governor Umayya b. 'Abdallah had been abandoned by his main commander while campagining beyond the Oxus, forcing him to conclude a swift and humiliating peace with Bukhara. His successors, including the celebrated warrior al-Muhallab b. Abi Sufra and his son Yazid, achieved little more than Umayya. But during the early 80s, when this coin was struck, the situation finally began to shift in the Arabs' favour. Feuding between the local rulers in Transoxiana left them less able to mount a cohesive resistance, while the defeat of the Arab rebel Musa b. 'Abdallah helped clear the way for Qutayba b. Muslim to launch the sustained assault which would finally see Bukhara securely in Muslim hands.

Estimate: 25000 USD