Estimate: 50.000 EURBaltic States.
Livonian Order. Gotthard Kettler, 1559-1561.
2 1/2 Ducats n. d., mint probably Riga.
Extremely rare.
Almost extremely fine.
2
Estimate: 15.000 EUREngland.
Elizabeth I, 1558-1603.
Sovereign n. d., (1584-1586), London.
Very rare.
Slightly bent, almost extremely fine.
117
Estimate: 4.000 EUREgypt.
Mustafa III, 1757-1774.
2 Zeri Mahbub 1757/1758 (= 1171 AH), Misr (Kairo)
Ziynet pattern.
Very rare.
Holed, almost extremely fine.
368
Estimate: 6.000 EURColumbia.
Carlos III, 1759-1788.
8 Escudos 1764, NR-JV,
Santa Fe de Nuevo Reino (Bogota).
NGC AU58.
Rare. Extremely fine.
409
Estimate: 50.000 EURGerman States. City of Hamburg.
Bankportugalöser in the weight of 10 Ducats 1689,
by J. Reteke, on the major European banking cities of
Amsterdam, Hamburg, Nuremberg, and Venice.
NGC MS63 PL. Very rare.
Extremely fine-uncirculated.
643
Estimate: 7.500 EURAustralia. George V, 1910-1936.
Penny 1919.
Copper-nickel pattern of the “Kookaburra Penny”
by C. D. Richardson for Stokes & Sons. Extremely rare.
PCGS SP 61.
Tiny edge faults, extremely fine.
1224
Estimate: 10.000 EURKompanie van Verre, 1594-1602.
Vereenigde Amsterdamsche Compagnie.
1/2 Daalder in the weight of 4 Reales 1601, Dordrecht.
Extremely rare. Fine patina,
very fine-extremely fine.
2501
Estimate: 30.000 EURKingdom of the Netherlands.
5 Gulden type 1846.
Highest rarity (RRRR).
PMG Choice Very Fine 35.
3054
Estimate: 30.000 EURKingdom of the Netherlands.
1000 Gulden type 1860.
Highest rarity (RRRR).
PMG Extremely Fine 40.
Pinholes. Pressed.
3312
Estimate: 15.000 EURArchbishopric of Salzburg.
Leonhard von Keutschach, 1495-1519.
3 Ducats 1513. Extremely rare.
Attractive piece with nice golden toning, min. bent,
extremely fine.
4001
Archive: People and Markets

Ukraine Plans to Rename Small Coins: ‘Kopiyka’ to Become ‘Shah’

By Sebastian Wieschowski

Central Bank Chief Andriy Pyshnyy stated that the term “Kopiyka” is viewed as a symbol of historical Moscow occupation and is thus outdated. “The Ukrainian people are reclaiming what has been distorted and stolen by Kremlin narratives,” Pyshnyy said in a statement.

Content

Ukraine gives a new name to its currency subdivision. Photo: National Bank of Ukraine.

Ukraine gives a new name to its currency subdivision. Photo: National Bank of Ukraine.

With the new name “Shah,” Ukraine aims to revive its numismatic history and bring Ukrainian traditions into cash circulation. According to the National Bank, the term “Shah” is uniquely Ukrainian, dating back to the 16th and 17th centuries where it was frequently used in literature. Authors like Taras Shevchenko and Lesya Ukrainka mentioned the term in their works, and during the Ukrainian revolution of 1917–1921, even banknotes featuring “Shah” were circulated.

Part of a Strategy for ‘De-Russification’


The planned renaming is part of a broader strategy for ‘De-Russification’ in Ukraine, according to the National Bank. The term ‘Kopiyka’ is rooted in Russian tradition. By introducing ‘Shah,’ Ukraine seeks to symbolically break away from these influences, cleansing its currency of Russian and imperial associations.

The 50 Kopiyka coin was first minted in 1992 and most recently in 2023. Photo: National Bank of Ukraine.

The 50 Kopiyka coin was first minted in 1992 and most recently in 2023. Photo: National Bank of Ukraine.

Rediscovering Ukrainian Heritage


In the coming months, legislative changes are expected to pave the way for the official introduction of ‘Shahs’. A direct exchange of the current ‘Kopiykas’ is not planned, and both coins will continue to circulate for the time being, easing the transition and avoiding additional costs from a complete coin replacement. The design and gradual circulation of ‘Shahs’ will be developed by the National Bank once the legal basis is in place.

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