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Gemini, LLC
Auction 12  11 January 2015
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Lot 537

Estimate: 3500 USD
Price realized: 8000 USD
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RUSSIA. Russian American Company, ND (1816-52), 5 Rubles. Five Rouble, (0h). . , ND (1816-52). Walrus Skin Parchment. Obv: 5 PYbAE surrounded by multiple designs. Another totally UNIQUE offering for the Russian/Alaska/US collector. Internal damage where the denomination punch went through the skin.. Pick UNL5b. AU50 Net, PMG 1146166-002

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

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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