Russian coins post 1896 Collectibility. Russian affairs. (Discussion and reply to spannermonkey)

Hi all,
I would like to facilitate a discussion and provide a reply
to self-proclaimed forum-guru, as I promised to him

I hope it is entertaining and provides some contribution to the collecting/stacking community.

Here is the quote, I would like to work with

This was taken from this thread
https://www.silverstackers.com/foru...sia-state-6-coin-proof-set-price-check.86321/

You can follow our little exchange with the member and are welcome to provide your comments
here.
(For the benefit of the forum knowledge, I would ask to provide proofs if you make
a strong claim)

spannermonkey's points:

1. Russians don't collect modern Russian coins
2. Only pre 1896 are collectible by Russian
3. ,& everybody hates the last Tsar when it comes to coins
4. Russian coins are hard to sell in the secondary market unless pre 1896
5. I wouldn't pay much over their bullion value especially since there is no COA

 

(For the benefit of the forum knowledge, I would ask to provide proofs if you make
a strong claim)

I Could not care less (or as the Yanks say "I could care less"), & will vote accordingly. _JLG.

 

I am working on it right now.
As promised to spannermonkey, point by point.
Hoping he can do the same

 

Only voted couldnt care less because i lack the knowledge to vote any other way. I might care a little bit though.

 

Point 1 by spannermonkey: Russians don't collect modern Russian coins

a) Specific google.ru search "монеты современной россии продажа" or "modern russian coins sale"
reveals 566 000 results
b) Modern coins are being actively traded by commercial banks
For example, the biggest russian bank has the following to offer
https://www.sberbank.ru/en/individualclients/additional/preciousmetalsandcoins/preciousmetalcoins
(note it is only 1 bank and there are many of them)

Precious metal coins make a good present, memento, collectable, or investment instrument.

• The world's best specimen coins issued by the Bank of Russia and 30 leading foreign mints.
• Meeting the ever growing demand for precious metal coins. The average gain in sales value for coins is 15% a year.
• Constant expansion of the range. In 2007, 520 kinds of coins were offered to clients; in 2012, this number grew to 1,500.
• Availability of coins throughout Russia, from Kaliningrad to the Far East. More than 9100 branches of the Bank perform operations with coins.
• The ability to sell investment and commemorative coins to Sberbank at the prices set by the Bank's branches.
• Enabling the client to purchase a relatively new investment product with a potential for price growth.

Learn about the availability of coins and prices in your region at the Bank's branches

c) there are numerous russian auction coming for all sort of coins, including modern ones.
i.e. for modern ones
hhttp://www.fcoins.ru/catalogub.asp
(above you can click on each coin, scoll down and see all the statistic,
I have explained how to use it here
500th Anniversary of Russia State - 6 Coin Proof Set, Price Check)

https://auction.raritetus.ru/c/58/rf/
(less advanced)
there are more.

 

welcome

 

Point 2 by spannermonkey: Only pre 1896 are collectible by Russian

a) This statement misses such well-known and desirable items as:
gold Roulbes by Nick the II, gold Chervonetz by USSR, modern gold St. George Roubles by Bank of Russia.
there are numerous gold items less known to general public.
b) This statement misses silver, platinum and palladium set and coins.
i.e. just for gold separate coins
here is one of the online auctions with a search for Chervonetz
https://www.avito.ru/rossiya/kollektsionirovanie/monety?s=101&q=червонец
or
here is a link for one of the non-bank dealers offering post 1896 coins
https://zoloto-md.ru/coins/zolotyye-investitsionnyye-monety-russia-sberbank/

I can easily provide an example of pre 1896 10 items desirable by Russian.
silver, gold, platinum, palladium

Would love to see any proofs for spannermonkey's claim.

 

Point 3 by spannermonkey:,& everybody hates the last Tsar when it comes to coins

I don't quite understand where the arrogance comes from to talk for 144mil.

However, this claim is a rubbish and shows no knowledge of the subject.
Tsar Nicholas II has been canonized by Russian Orthodox Church in 2000.
https://en.wikipedia.org/wiki/Canonization_of_the_Romanovs

In simple words, for lots of russian people he is a saint. There are regular
religious rituals in his name at all temples of the Church.
https://en.wikipedia.org/wiki/Eastern_Orthodox_Church

for ,when it comes to coins part
Nick II gave us lots of gold rouble, which
are know, popular and desired by lots of russian people
(regardless of religious and political views)

I provided the links above and can easily give more indicating
the demand.

 

Point 4 by spannermonkey: Russian coins are hard to sell in the secondary market unless pre 1896

Good that major dealers do not know about it, why would they stock
them and regularly run out of stock.
i.e. just for gold (note the premium)
Apmex
https://www.apmex.com/search?q=russia gold
Gainswille (always late for these guys)
http://www.gainesvillecoins.com/search?&s=russia+gold
LibertyCoins
https://www.libertycoin.com/SearchResults.asp?Search=russia+gold&Submit.x=0&Submit.y=0
(only 1 item left from the stock they had to offer not so long ago)

what about private sales, let's take Ebay sold listings.
It shows regular sales.

Even on SS forum I had to buzz to get myself some roubles.
Once, again there are plenty of other things that are post 1896
and are being traded.

 

Point 5 by spannermonkey: I wouldn't pay much over their bullion value especially since there is no COA
I will leave this comment up to the member, tis subjective.

Would be good to get any proofs for the above, unless spanner wants the crown of the forum baffoon
making claims for 144mil people and a larger of post 1896 items.

I am happy provide more proofs and even can put my wallet there,
if someone has post 1896 gold, silver,platinum and palladium at spot or close to it.
(serious offer, I bought a number of roubles here)

1. Russians don't collect modern Russian coins
   
2. Only pre 1896 are collectible by Russian
   
3. ,& everybody hates the last Tsar when it comes to coins
   
4. Russian coins are hard to sell in the secondary market unless pre 1896
   

 

I've got a couple gold chervonets (1975 and 1976) and a tsarist era 5 rouble. Great coins. I'm happy to pay premiums similar to more well known gold coins in equivalent sizes (like sovereigns or krugerands) for Russian gold coins when I both have the money to spend on them and they actually pop up for sale.

 

Pre 1926-27 coins are in pretty strong demand
Pricewise - trend is up for the last 10 years.

 

Well, here in NZ it is quite hard to buy such gold :/, which is annoying
not so long ago the things were bullion.
I'd compare these russian gold with shield sovereigns
(even common years are in demand an craved by all kind of collectors).

These are on my list, namely the ones that came straight after the February revolution, then the October revolution
and up to the period the USSR was establishing it.
However, that is a trip more in numismatics and requires research.
Although I can read russian,...I am lazy, hehe.

Another thing on the wish list pre-revolution coins from Poland, Finland and...Middle East -> used to be under RI.

 

I generally buy coins based on their premium. After a while you get a bit bored of sovereigns so if a different type of coin turns up and it is in the same ballpark then I am happy for a bit of variety.

I only have one 10 Rouble (1899) coin but am happy to add more. Probably wouldn't pay a numismatic premium though, they look nice and different but I do have to keep reminding myself of why I am buying gold coins, not to complete a collection but to store wealth.

While they remain better value than modern Perth Mint offerings I will continue to pick them up when I can.

Just in Adelaide at the moment and the coin shop has quite a few priced far higher than bullion.

 

Jislizard said: "I do have to keep reminding myself of why I am buying gold coins, ............................................ to store wealth."

Exactly, there's a bloke with his head screwed on right, lol. _JLG.