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Gemini, LLC
Auction 12  11 January 2015
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Lot 536

Estimate: 2500 USD
Price realized: 8000 USD
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RUSSIA. Russian American Company, ND (1816-52), 1 Ruble,. One Ruble, (0h). . , ND (1816-52). Walrus Skin Parchment. Obv: "1" surrounded by ornamental designs. Truly a unique offering! Excessively rare "note" stamped on walrus hide. Quite different from the normally seen "Seal Skin" notes.. Pick UNL1a. VF25, PMG 1146166-001

Ex Spink's, 1 October, 2008, lot 1190A

RUSSIAN NORTH AMERICA (ALASKA) The Russian American Company was a monopoly that controlled trade in the Russian possessions in North America. Their primary business was trading in furs. It has been written that otter skins were shipped to Russia in waterproof bags made from walrus skins. These used bags, which were called "Kozhanye" or skins in Russian, were then cut into pieces which were used to print money on for in-company usage. Very few of any of the types and denominations are still in existence, with most sitting in museums.
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