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Are these underrated?


NumisMattic2200

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Well it would depend on whether it is a KM#2.2 or KM#19

 

KM#2.2 there were 3,972,000 made

 

But since the one you posted is a KM#19, I have no idea why it is so inexpensive

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Those were struck in the last year of Tsar and most Fins would have either kept it somewhere and therefore didn't really circulate. Never saw any lower than XF and that might suggest something.

 

One time I asked a Finnish collector for one in a trade and he remarked that his local dealer had a mint bag of them!

 

I agree that most pieces were likely hoarded and never saw circulation.

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I've handled many of these and don't think I have ever seen one in less than uncirculated condition. As with most things Russian, the KM listed values have not kept up with the market. The 50 p will fetch $5 or more in choice BU, the 25 p maybe a little less.

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  • 2 years later...

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