24 Kopecks - Elizabeth (Krasny) 1757 front 24 Kopecks - Elizabeth (Krasny) 1757 back
24 Kopecks - Elizabeth (Krasny) 1757 photo
© Ira & Larry Goldberg Auctioneers

24 Kopecks - Elizabeth Krasny

1757 year
Silver (.750) 6.59 g 27 mm
Description
Issuer
Livonia and Estonia (Russia)
Queen
Elizabeth (1741-1762)
Type
Standard circulation coin
Year
1757
Value
24 Kopecks = ¼ Livonese
Currency
Livonese (1756-1917)
Composition
Silver (.750)
Weight
6.59 g
Diameter
27 mm
Shape
Round
Demonetized
Yes
Updated
2024-10-07
References
Numista
N#28655
Rarity index
93%

Reverse

Double-headed Russian eagles carrying Livonian and Estonian shields, all surrounded by legend.

Script: Latin

Lettering:
MONETA · LIVOESTHONICA · 1757
48

Translation:
Moneta Livoestonika
Coin of Livoestonika

Edge

Cinquefoil and globe.

Comment

After the capitulation of the Swedish dominions of Livonia and Estonia to the Russians, while the two areas were supposed to adopt Russia's currency, both areas continued to use their Thaler-based ones, relying mainly on foreign coins to supply themselves. In response, Russia introduced the Livonese, which was basically the Russian version of the Thaler, with 1 Livonese equal to 96 Kopecks. Even so, the coins were tedious to ship, and it was later realized that 1 Livonese should have actually been equal to 109 Kopecks, so the minting of these pieces did not last long. For the most part, Livoestonika continued to use foreign coins until 1846, when Russia banned the use of foreign coins.

Novodels (official restrikes) exist, which all used the 1757 reverse die. Some restrikes use different obverse dies and edge styles, which are the ones easy to tell apart; however, those that use the same obverse die and same edge style are a little more difficult to differentiate. Because the similar-looking restrikes were struck on different sized planchets, the novodels not only look visually smaller or larger, but also weigh different amounts.

Interesting fact

One interesting fact about the 24 Kopecks - Elizabeth (Krasny) 1757 coin from Livonia and Estonia (Russia) is that it was minted during the reign of Empress Elizabeth Petrovna, who was known for her extensive coinage reforms. She introduced new coinage systems and minted coins with higher silver content, like this 24 Kopecks coin, which was made of .750 silver and weighed 6.59 grams. This coin is a rare and valuable example of Elizabethan coinage and is highly sought after by collectors.

Price

Date Mintage VG F VF XF AU UNC
1757  125680 - - - - - -

Values in the table are based on evaluations by sales realized on Internet platforms. They serve as an indication only for 24 Kopecks - Elizabeth (Krasny) 1757 coin.