Russian Coins Phenomenon

Reading latest news you could see titles likeRussian coins, we can still see that rare Russian
“Sale of Russian Ruble Paves the Way incoins are still selling for much less than British or
Goldberg Coins Pre Long Beach Auction”,American coins of such rarity. For the largest
“Russian Ruble (1714/3 PCGS EF-45) fetchingcountry in the world with, such an interesting
$46,800” and going through Russian Coinhistory, Russian coin market is still in the
forums, you will see topics, such as “Russiandeveloping stages and we believe it will be
Coins Prices are MAD” and “This hobby isbooming while Russian economy is doing well and
becoming too expensive”.a lot of experts suggest that Russia might finally
Russian Coin market has exploded this year! Thehave a bright future.
prices for most quality Imperial Russian Coins (preIf you are interested in taking a part of this rally
1917) has grown 100% and keep going up. Coinand have little or no knowledge on Russian coins,
Dealers are confused and if you call most offollowing are some suggestions, which you will
them you will hear the same answer: “Weneed to consider. As in any growing market there
don’t have any Russian Coins in the inventoryare people, who are trying to exploit and profit
right now. Russian Coin Market is hot.” So,from it in a fast way. There are more and more
who is buying Russian Coins and how it can befakes of Russian coins, which are coming to the
possible for the coins prices to grow 100% in justmarket, which are worthless, but can be sold to
1 year?inexperienced collectors or investors for
We believe, to understand what happened you willthousands of dollars. People looking for bargains
need to go back in the history. Russia wentare ending up buying these fakes without realizing
through very difficult times in 20th century;that they were cheated. Our advise it to stick to
people struggled to feed their families and hadthe coin dealers, who specialize in Russian coins,
little interest in expensive hobbies, such asthere are still some, such as which have quality
collecting coins. A lot of silver and gold coins wereRussian coins in the inventory. Avoid auction sites,
melted down or converted to jewelry. We knowsuch as Ebay, where (don’t be surprised) a
how many Russians coins were minted, but nolot of Russian coins sold as original will end up to
one knows how many coins survived through allbe copies! Buy coins certified by NGC, ANACS or
these years of weak economy. Even now allPCGS. Apart from certifying that coin is genuine,
Imperial Russian Coins can not be exported fromcertified Russian coins are graded according world
Russia, so there circulation of such coins outsidestandards. When you buy “raw”
of Russia is limited to Russian coins smuggled(uncertified) Russian coins, which is a high
illegally or Russian coins kept by generations ofpossibility they are overgraded or can end up to
Russian immigrants.be cleaned or worse - fakes. You pay a premium
You could see that demand for Russian coinson certified coins, but it’s worth it. The fact is
started to grow 5 years ago when Russianthat even experts can’t tell if the coin is fake
economy just started to recover. It’s easyby looking at the picture and without certified
to conclude that the recent growth in Russian coinagencies, coin market would be doomed. Try to
prices is related to booming Russian economy. Indo some research to learn about coin grades,
fact, if you compare results of coin auctions inclean coins, coin toning and coin varieties, we
Russia with Russian coin auctions outside ofsuggest you to visit to read more information on
Russia, prices for the same Russian coins outsidethese topics. For example, Liberty Gold Dollar of
of Russia are 10-30% below than inside of Russia!1879 would cost you around $350 in (AU) About
The demand is coming from Russia itself whereUncirculated grade and $7000 in Uncirculated
more and more people find investing in coins toMS-67 grade and if you haven’t seen a lot of
be very rewarding. Russian coins on European andthese coins you won’t even tell the
North American auctions are bought throughdifference between the 2. Our advice, that you
proxies and coming back to Russia and westernshould buy VF-30 – XF-45 1700-1810 Russian
Russian coins inventories, which were not verycoins and AU or MS-65 1810-1917 Russian coins.
good from the beginning are depleting. There is aThese experienced the highest market value
huge demand, which drives the prices up and withgrowth in the recent years and we believe will
quality Russian coins going to private collectorskeep going up. Russian Gold Coins and Platinum
and investors you can find that some rare coinsRussian Coins were appreciating fast because of
sold in the auction in January are selling for twicethe recent growth in Gold prices, so if you believe
as much in June. This is unbelievable 100% Returnthe price for gold is going up and can afford such
on Investment in 5 months!!! And, people werecoins, you might find to look at Russian Gold Coins
saying stock market brings highest returns. Thea bit closely.
one million dollar question is for how long theTo summarize, Russian Coin market is still
prices for Russian Coins can growth and wouldmaturing and although 100% increase in price in 1
this market overheat and crash one day.year seems crazy, it can be explained that
We know that every market has its ups andRussian coins were overlooked in the past and
downs and 100% growth is not sustainable in thewere very cheap before and just start to get
long term. From the other hand, if we compareappreciation and demand they deserve in the
coin prices for British and American coins torecent years.