Key Date Signature Rare Coin Auction 21 Part 1 Day 2
By Key Date Coins
Contact Auction House
May 13, 2023
148 Route 73 Suite 3-184 Voorhees, NJ 08043 USA, United States
Terms of Sale
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LOT 3251:
1979 Russian Arktikugol Scrip 1 kopeck P# Grades Gem CU. On May 7, 1935, the Soviet Union signed the Svalbard ...
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Sold for: $20
Price including buyer’s premium:
$
23.60
Start price:
$
5
Estimate :
$25 - $100
Buyer's Premium: 18%
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1979 Russian Arktikugol Scrip 1 kopeck P# Grades Gem CU. On May 7, 1935, the Soviet Union signed the Svalbard Treaty, which allowed the installation of a Soviet mining company in the Svalbard Islands north of Norway and inside the Arctic Circle. This company, called Arktikugol, issued a series of coins and banknotes for the exclusive use of the inhabitants of the island of Soviet nationality. It is sometimes considered the "Northernmost Currency".
