CNG 87, Lot: 2182. Estimate $400. Sold for $2000. This amount does not include the buyer’s fee.

RUSSIA, Tsardom of Rus. Petr I Alekseyevich Veliky (Peter the Great). 1682-1725. Æ Medal (66mm, 93.52 g, 12h). Commemorating the Establishment of the Russian Navy on the Black Sea. By S. Judin and J. G. Waechter. Dated 1696 in Roman numerals. (rosette) PETRVS · ALEXII · FILIVS · D · G · TZAR · ET · MAGNVS · DVX · TOTIVS · RVSSIÆ, laureate, draped, and armored bust right / FACTA · PVTA · QVÆCVNQVE · IVBES · OVID (consider complete that which you have commanded, –adapted from Ovid), Neptune, holding reins and trident, standing in seashell pulled right by two sea horses and being hailed by Russia to right, leaning upon rudder; Russian shield to right; in two lines in exergue, PRIMORDIA · RUSSICAE/CLASSIS · CICICCXCVI (the origin of the Russian navy) (middle C's retrograde). Moneta 60, 4; Iversen series IV, p. 3. Superb EF, attractive brown surfaces.