CNG 87, Lot: 2189. Estimate $300. Sold for $1500. This amount does not include the buyer’s fee.

RUSSIA, Tsardom of Rus. Petr I Alekseyevich Veliky (Peter the Great). 1682-1725. Æ Medal (47mm, 47.63 g, 12h). Commemorating the Foundation of Sankt-Petrburg. By T. Ivanov. Dated 1703 in chronogram on reverse. PETRVS · ALEXII · FIL · D · G · RVSS · IMP · M · DVX MOSCOVIÆ, laureate, draped, and armored bust right / HAEC FORTIA MŒNIA CONDIT (he established this powerful fortification), map of the fortifications at Sankt-Petrburg on the Neva River; above, oval medallion inscribed · CZAR · PET · ALEXII · F · and bearing the laureate, draped, armored bust of Petr right, with supporters: to left, Pallas seated slightly left, head right, holding city model and with owl at feet to right; to right, Mercury seated slightly right, head left, holding caduceus; in two lines in exergue, PETRIBVRGI PORTVS/ET NAVALE · (the port and arsenal of Sank-Petrburg). Cf. Moneta 60, 13 (engraver and metal); Iversen series XVI, p. 14. Superb EF, attractive brown surfaces, a few light spots.