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Stack's Bowers & Ponterio
August 2021 ANA Auction  16-21 Aug 2021
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Lot 41472

Starting price: 600 USD
Price realized: 9500 USD
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RUSSIA. Civil War. White Movement. Copper 3 Rubles Token, 1918. Armavir State Bank. PCGS MS-65 Brown Gold Shield.
KM-2.2; Bit-8; Brekke-5. A VERY RARE and alluring type, this example features a small monogram under the claw of the double-headed Kerensky eagle, emblematic of the provisional government. Emanating from the last stronghold of the White Army in their stand against communism before being conquered by the Bolsheviks, thus the last coinage with a link to Imperial Russia. Struck from salvaged roofing, plumbing, and other sources of scrap in January 1918.

Estimate: $1000 - $1500
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