An old 1757 Russian coin with the face of Empress Elizabeth I of Russia (1709-1762) was auctioned on Friday in the German city of Osnabrück for 210,000 euros ($ 255,000), according to a spokeswoman for auction house Künker de that locality.

According to the information, its owner, a 70-year-old Berliner, found the coin, which he inherited from his father, while ordering. The man can consider himself lucky, because when he consulted a merchant, he told him that the coin was a fake. Another merchant wanted to pay him just 900 euros.

However, the man and his wife continued their research and found similar coins in the auction house’s catalog. There, an expert determined that it was a ten-ruble gold coin of which there are very few copies since the Russian empress did not like the portrait made of her by a Swiss engraver, although according to contemporaries, it was quite similar to her.

Künker spokeswoman Julia Kröner said that for this reason the production of the coin was suspended. The exact destination of the coin is unknown. The seller’s father was born in Saint Petersburg in 1904, in the time of the Tsars. In Thursday night action, the coin went on sale with an estimated value of 150,000 euros.

The until now Berlin owner of the coin, who did not give his name, said that with the 210,000 euros obtained from its sale he will finish paying his house.

Source: The Summary

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