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Medallic 7 Ducat ≠AΨB (1702),

Currency:USD Category:Coins & Paper Money / World Coins - World Start Price:400,000.00 USD Estimated At:500,000.00 USD
Medallic 7 Ducat ≠AΨB (1702),
Medallic 7 Ducat ≠AΨB (1702), January, Tenth Day. GOLD. 22.69 gm. Novodel. Moscow, Kadashevsky mint. Bit 3860 (R3); Sev (Gold) 6; Fr 81; Bit (Award Medals) K123 (R3); Diakov (Medals, where it is listed as a coin-type award) 11.3 --apparently this piece (R5), Petrov (500 Rubl.), Reichel 917 (R3); JRNS 24 (Autumn 1986), p.23, 2. Laureate, draped, cuirassed and ermined young bust of Peter right; ЦРЬ ПТРЪ АЛЕѮЕВИЧЪ ВСЕѦ РОСIИ ПОВЕЛIТЕЛЬ - Tsar Peter Alexeexich Ruler of All Russia, small Count Hutten-Czapski collection mark “incuse barred C” behind head / Imperial eagle ҂АΨВ • ГОДƔ ГЕНВАРѦ ДЕСѦТАГО ЧIСЛА - 1702, January, Tenth Day. Excessively rare. Authenticated and graded by NGC MS 64, “Ex. Hutten Czapski” (Cert. 6981398-001). Choice Brilliant Uncirculated.

Ex Spink Auction 7010, London, March 29, 2007, lot 228
Ex Leonid Södermann Collection, Bank Leu/Hess Auktion 39, Luzern, November 7, 1968, lot 28
Ex “The Important Collection of the Grand Duke George Michailovitch of Russia”, Christie’s. London, July 3-4, 1950, lot 281 (bought by L. Forrer)
Ex “Goldmünzen und Goldmedaillen aus der Sammlung des Grossfürsten Georg Michailovitch von Russland”, Hess, Luzern, October 25, 1939, lot 52
Ex Count Hutten-Czapski Collection (the Count is believed to have sold the piece to Grand Duke Mikhailovich in 1883-1884)
Severin quotes Schubert and Chizhov as stating “Probably struck for Te Deum sung that day [January 10, 1702] in the Cathedral of the Assumption, celebrating Count Boris Sheremetiev’s victory near Errastfer and Dorpat.” On the 9th of January, 1702 (29 December 1701 by the Julian calendar), a Russian force of some 13,000 regulars and 6,000 irregulars under General Count Boris Petrovich Sheremetev defeated a much smaller Swedish force near the village of Erastfer in Livonia (present-day Erastvere, Estonia). It was Russia’s first victory in the Great Northern War. Tsar Peter I received news of Sheremetev’s victory the next day, January 10, 1702 (the date found in this Medallic 7 Ducat’s legend).
A contemporary and diarist of these events, Ivan Afanasyevich Zhelyabuzhski recalls that “in token of such universal rejoicing [over the victory near Erastfer], Alexander Menshikov was sent on the 14th day of February in this present year of 1702 from Moscow to Pskov [where Sheremetev’s headquarters was located at the time] to Lord Boris Petrovich Sheremetiev, with a gracious word and with gold pieces.” On the next day, the colonels and the “Chieftains” who had taken part in the battle were given “gold pieces”, while all ranks got a Rouble apiece (JRNS, Autumn 1986, p. 22).