Heritage World Coin Auctions
ANA Signature Sale 3066 17 Aug 2018
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Russia
Peter I gold Ducat (Chervonets) 1711 Fine15 NGC, Moscow, Kadashevsky mint, KM133, Bit-16 (R3), Petrov 250 Roubles, Diakov-345 (R4), Fr-88, Obv. Laureate and armored bust of Peter I right. Rev. Double-headed Imperial eagle holding four maps in beaks and talons. This example shows considerable wear, with wavy flan and numerous handling marks, as do most of the known specimens. An exceedingly rare gold issue, struck following the capture of Azov, and the following peace with Turkey on July 12, 1711. Following the treaty of peace, Azov was returned to the central government of the Ottoman Empire. Because of this, the 1711 gold Ducats were recalled and all but a very few pieces melted. This example is nearly as nice as the most recent sale we can reference, this being a non-certified coin, graded VF, in the Dmitry Markoff sale 36, January 8, 2015, Lot 2012, that sold for the hammer price of $110,000.
HID02901242017
Estimate: 50000-70000 USD
Peter I gold Ducat (Chervonets) 1711 Fine15 NGC, Moscow, Kadashevsky mint, KM133, Bit-16 (R3), Petrov 250 Roubles, Diakov-345 (R4), Fr-88, Obv. Laureate and armored bust of Peter I right. Rev. Double-headed Imperial eagle holding four maps in beaks and talons. This example shows considerable wear, with wavy flan and numerous handling marks, as do most of the known specimens. An exceedingly rare gold issue, struck following the capture of Azov, and the following peace with Turkey on July 12, 1711. Following the treaty of peace, Azov was returned to the central government of the Ottoman Empire. Because of this, the 1711 gold Ducats were recalled and all but a very few pieces melted. This example is nearly as nice as the most recent sale we can reference, this being a non-certified coin, graded VF, in the Dmitry Markoff sale 36, January 8, 2015, Lot 2012, that sold for the hammer price of $110,000.
HID02901242017
Estimate: 50000-70000 USD