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5 kopek 1765 SPM


one-kuna
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ebay item sold for $479: 220991975465

what is so special about this 5 kopek SPM 1765 ?

http://www.ebay.com/itm/220991975465?ssPageName=STRK:MEWAX:IT&_trksid=p3984.m1423.l2649&autorefresh=true

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Something is interesting about this coin. Good observation.

 

It's clearly overstruck over a 1762 10 kopek over a previous 5 kopek design. But it seems it was flipped and struck again as you can see the mintmark "SP" in the second photo in the wreath at 5 o'clock. These days it's getting hard to find a decent overstruck coin so who knows that's the new market trending price.

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Something is interesting about this coin. Good observation.

 

It's clearly overstruck over a 1762 10 kopek over a previous 5 kopek design. But it seems it was flipped and struck again as you can see the mintmark "SP" in the second photo in the wreath at 5 o'clock.

 

Yes indeed. I was after the coin, too, but sadly enough I was not the only one to note the double СПМ. :cry:

(The M can also be seen clearly).

I think the СПМ overstrike must have been too poor to be tolerated, leading to a second overstrike .

Sigi

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In all respect to overstriking traces, $479 is too high in my opinion

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In all respect to overstriking traces, $479 is too high in my opinion

So thought I. But 4 different bidders went over $400. The clearly visible SPM mintmark on both sides makes the coin very unusual.

Sigi

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you are right besides that we do not know if those 4 bidders were real numismatists or just the ones who have full packet of money and they do not know where to spend them

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The second highest bidder who was goosing up the price has a 'bid activity with this seller' of more than 50% according to ebay. Nice coin, but I suspect some shill bidding was involved.

Interesting observation! That guy intervened also a couple of times at a coin I bought from the same seller abt 4 weeks ago.

As I always snipe it doesn't harm me.

Sigi

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