Russian Coins Phenomenon

Reading latest news you could see titles like "Salecoins are still selling for much less than British or
of Russian Ruble Paves the Way in GoldbergAmerican coins of such rarity. For the largest
Coins Pre Long Beach Auction", "Russian Rublecountry in the world with, such an interesting
(1714/3 PCGS EF-45) fetching $46,800" and goinghistory, Russian coin market is still in the
through Russian Coin forums, you will see topics,developing stages and we believe it will be
such as "Russian Coins Prices are MAD" and "Thisbooming while Russian economy is doing well and
hobby is 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: "We don'tneed to consider. As in any growing market there
have any Russian Coins in the inventory right now.are people, who are trying to exploit and profit
Russian Coin Market is hot." So, who is buyingfrom it in a fast way. There are more and more
Russian Coins and how it can be possible for thefakes of Russian coins, which are coming to the
coins prices to grow 100% in just 1 year?market, which are worthless, but can be sold to
We believe, to understand what happened you willinexperienced collectors or investors for
need to go back in the history. Russia wentthousands of dollars. People looking for bargains
through very difficult times in 20th century;are ending up buying these fakes without realizing
people struggled to feed their families and hadthat they were cheated. Our advise it to stick to
little interest in expensive hobbies, such asthe coin dealers, who specialize in Russian coins,
collecting coins. A lot of silver and gold coins werethere are still some, such as which have quality
melted down or converted to jewelry. We knowRussian coins in the inventory. Avoid auction sites,
how many Russians coins were minted, but nosuch as Ebay, where (don't be surprised) a lot of
one knows how many coins survived through allRussian coins sold as original will end up to be
these years of weak economy. Even now allcopies! Buy coins certified by NGC, ANACS or
Imperial Russian Coins can not be exported fromPCGS. Apart from certifying that coin is genuine,
Russia, so there circulation of such coins outsidecertified Russian coins are graded according world
of Russia is limited to Russian coins smuggledstandards. When you buy "raw" (uncertified)
illegally or Russian coins kept by generations ofRussian coins, which is a high possibility they are
Russian immigrants.overgraded or can end up to be cleaned or worse
You could see that demand for Russian coins- fakes. You pay a premium on certified coins, but
started to grow 5 years ago when Russianit's worth it. The fact is that even experts can't
economy just started to recover. It's easy totell if the coin is fake by looking at the picture and
conclude that the recent growth in Russian coinwithout certified agencies, coin market would be
prices is related to booming Russian economy. Indoomed. Try to do some research to learn about
fact, if you compare results of coin auctions incoin grades, clean coins, coin toning and coin
Russia with Russian coin auctions outside ofvarieties, we suggest you to visit to read more
Russia, prices for the same Russian coins outsideinformation on these topics. For example, Liberty
of Russia are 10-30% below than inside of Russia!Gold Dollar of 1879 would cost you around $350
The demand is coming from Russia itself wherein (AU) About Uncirculated grade and $7000 in
more and more people find investing in coins toUncirculated MS-67 grade and if you haven't seen
be very rewarding. Russian coins on European anda lot of these 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 coins
Russian coins inventories, which were not veryand AU or MS-65 1810-1917 Russian coins. These
good from the beginning are depleting. There is aexperienced the highest market value growth in
huge demand, which drives the prices up and withthe recent years and we believe will keep going
quality Russian coins going to private collectorsup. Russian Gold Coins and Platinum Russian Coins
and investors you can find that some rare coinswere appreciating fast because of the recent
sold in the auction in January are selling for twicegrowth in Gold prices, so if you believe the price
as much in June. This is unbelievable 100% Returnfor gold is going up and can afford such coins, you
on Investment in 5 months!!! And, people weremight find to look at Russian Gold Coins a bit
saying stock market brings highest returns. Theclosely.
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.
Russian coins, we can still see that rare Russian