ANTIQUE IMPERIAL RUSSIAN SILVER NIELLO COINs HOLDER, 1885
This is a rare antique Imperial Russian silver niello coin holder. It's a highly decorative and beautiful item designed to hold 20, 15, and 10 kopeek silver Russian coins. The holder is engraved with 'Yalta city' and bears many '84' silver stamps.
CONDITION: Very good condition for its age. For further information, please refer to the pictures.
PROVENANCE: 1. From a New York City Collector, June 11, 2007; 2. Beachwood Auctions LLC, Solon, OH, USA, February 20, 2021 (the winner will receive this information); 3. Our sale of this item adds another layer of provenance. History of sale is very IMPORTANT for serious collection.
ESTIMATED PRICE: $300 - $1,000 (significantly lower than today's market price). You have a GREAT CHANCE to purchase a rare item for your collection, and over the years, its price will only INCREASE.
HISTORY of SALES: A few years ago, Russian coin holders were sold on Live Auctioneers and Sotheby's for $700 (14 years ago), $1,150 (8 years ago), $1,600 (12 years ago), and $14,200 (17 years ago) - please refer to the screenshots for details. Today, prices have significantly increased compared to those of 5-10 years ago.
WARRANTY: The buyer has 7 days to inspect items valued at up to $5,000 and 15 days for items valued at $5,000 or more. Items can be returned to the seller for a refund; please refer to the Terms for more details.
NO RESERVE: More than 70% of all items in the auction have NO reserve price. Others have a very reasonable reserve price.
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FOOTNOTE: A silversmith is a metalworker who crafts objects from silver. The terms silversmith and goldsmith are not exactly synonyms as the techniques, training, history, and guilds are or were largely the same but the end product may vary greatly as may the scale of objects created. In the ancient Near East the value of silver to gold being less, allowed a silversmith to produce objects and store these as stock. Ogden states that according to an edict written by Diocletian in 301 A.D., a silversmith was able to charge 75, 100, 150, 200, 250, or 300 denarii for material produce (per Roman pound). At that time, guilds of silversmiths formed to arbitrate disputes, protect its members' welfare and educate the public of the trade. Silversmiths in medieval Europe and England formed guilds and transmitted their tools and techniques to new generations via the apprentice tradition. Silver working guilds often maintained consistency and upheld standards at the expense of innovation. Beginning in the 17th century, artisans emigrated to America and experienced fewer restrictions. As a result, silver working was one of the trades that helped to inaugurate the Technological and industrial history of the United States Silver-working shift to industrialization in America.