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2 Kopeks 1872 EM


bagerap
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I'm only just starting to get into Russians and picking up odd pieces when they're cheap, trying to learn. Today I found a 2 Kopek 1872 EM, Y# 10.1, judging by the sellers picture condition is F. Checking Krause, they appear to command higher prices than other coins in that series despite having much larger mintages.

Has the population been artificially reduced, by a recall or melt or whatever?

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This is what I get from SCWC:

 

 

Y# 10.2 2 KOPEKS

Copper

Date Mintage F VF XF Unc

1867ЕМ 150,000 12.00 25.00 50.00 100

1868ЕМ 18,200,000 3.00 7.00 15.00 30.00

1869ЕМ 22,174,000 3.00 7.00 15.00 30.00

1870ЕМ 21,884,000 3.00 7.00 15.00 30.00

1871ЕМ 7,058,000 3.00 7.00 15.00 30.00

1872ЕМ 12,734,000 12.00 25.00 50.00 100.

1873ЕМ 7,364,000 3.00 7.00 15.00 30.00

1874ЕМ 8,551,000 3.00 7.00 15.00 30.00

1875ЕМ 10,451,000 3.00 7.00 15.00 30.00

1876ЕМ 2,905,000 4.00 8.00 18.00 35.00

 

 

High mintage but also high prices. Seems to be bourne out by ebay asking prices. Few if any completed listings to verify this though.

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There's no study active, but a quick peek at the number of EM 2K sales I have so far for these dates shows:

 

1867ЕМ 17

1868ЕМ 30

1869ЕМ 70

1870ЕМ 73

1871ЕМ 25

1872ЕМ 49

1873ЕМ 27

1874ЕМ 34

1875ЕМ 55

1876ЕМ 9

 

I've hardly touched Alexander II (many hundreds more records await), but this gives a basic idea already . The 1872EM seems quite normal.

 

For the mathematical among you, the plot of "coins seen" vs "mintage figures" shows an 80% correlation using a zero-intercept constrained linear regression. The only obvious outlier is the 1868EM (should see more like 55 at that mintage) [interpret with the usual caveats regarding official mintage figures].

 

Steve

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this 2 kop 1872 EM in XF is by $40, in fine ? its not scarse and rare, IMXO

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The thing is that cataloque you are using is a little bit ...let's say.. strange

 

This is the point I was trying to make, if the mintages listed are accurate; why such a price uplift? SCWC is taken as the pricing bible by a large percentage of the world's collectors, but there are so many instances being reported of wildly inaccurate pricing.

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