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Varanasi

5 roubles gold coin 1866

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Hello 

It s quite an expansive one. It can go from 1000 to 5000 Eur or even more depending on condition. It s a commemorative gold coin from tsar  Alexander II period (that year 1866). 3.9 Million mintage , 91.7% gold - not sure why it is so expansive to be honest )

Maybe someone else knows more. Please do not consider my opinion definitive as I might be wrong

Edited by Toshunya86

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I will make some research tonight , but can't promise anything.  I am not sure about your type and the difference between the two types . But I believe for such years the price is "permanent" and not a "hype".  There aren't many hypes for coins 100+ years older

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1866 struck under Aleksander II
Initials on front, C - III = Sergey Shostak
If initials on front, H - I = Nikolay Iossa
Those are only recorded initials for 1866

There are a few rare proofs:
 

Oops I screw-up link. https://coins.ha.com/itm/russia/russia-alexander-ii-gold-5-roubles-1866-cand-1055-and-1041-ciii-crowned-imperial-eagle-date-and-value-in-circle-bit-13-r1-/a/440-51826.s

Edited by DoubleEagle
screw up link

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4 minutes ago, DoubleEagle said:

1866 struck under Aleksander II
Initials on front, C - III = Sergey Shostak
If initials on front, H - I = Nikolay Iossa
Those are only recorded initials for 1866

There are a few rare proofs:
Heritage auction 5 roubles 1866 Proof

Thanks for clarifying DoubleEagle. Interesting. Though the link only leads back to this thread.

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It is always difficult to judge a coin through cling film: the coin could be anywhere between MS63-64; however there is a strange area in the legend ‘ЗОЛОТНИКЪ’ and maybe the coin should be sent for restoration first (NGC/PCGS) before auctioning it off. For that you should research where there is the best market for roubles, which grading company is preferred for this section of the market and usually the whole process takes half a year and more.

It seems a very nice piece but if the aforementioned area is damaged it could equally be very detrimental to the collector value.

 

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