-40%
50+50=100 BU+ 1 & 2 Kopiok Kopek Ukraine Mint Wrapped 2 Rolls Last ever History
$ 7.91
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Description
The Mint in Kiev, Ukraine minted and rolled coins at the Kiev Mint into into 50 coin rolls and then sealed the rolls in the plastic container in the photo and I was in Ukraine and was able to pay a Bribe, in U.S Dollars, at the Central Bank in Kiev and buy the last group that were available in the Vault. I had to wait for two hours, as the coins were at the very back of the Vault. Why you ask? The Government required any business that wanted to obtain the 1 & 2 kopiok coins to pay a Commission of 50% above face value (1.5 kopiok)(3.0 Kopiak) to obtain each coin, which is a Big premium (50%) for any business to make change. That's why whenever anyone went to a store, the clerk would always ask if the person had some coins, to save the cost (50%) to the store. These coins are no longer in circulation and Ukraine will never mint 1 & 2 Kopiok coins in anything other than a Mint set (not for circulation) again. These 100 coins are minted from Stainless Steel (Chromium, Nickel, Mangenese & Steel) and cost the government Hundreds of times the face value to produce, but the belief was the coins would last for over 30+ years, (unlike paper currency that would last only months) so it was a good investment and then Russia annxed Crimea and has now invaded the Eastern Regions of Ukraine, so the Ukrainian currency significantly devalued against the U.S. Dollar (originally it was 2 Gryvna to the dollar and now it varies from 26-30 Grivna to a US Dollar and these are the lowest denomination coins produced by any country in the world (even though they are now only produced in Mint Sets). The key is that no one can get these coins and the 2013, 2014, 2015, 2016 & 2018 coins were only minted in Mint sets. None were minted in 2017 and NO Mint sets were issued for any circulating coins in 2017. The only other way to get a coin with another date is in a Mint Set for 0.00 and you only get One 1 Kopiok and One 2 Kopiok coin in a Mint Set, so 2012 was the Last mintage date for this coin, for circulation, ever! Here, you get 100. Ukraine does not sell a true proof set, only one type of Mint Set, so all 100 of these coins are the same high Mint State quality (MS69-70) as those in annual mint sets and you get 100, without the need to buy an expensive Mint Set. With the Grivna at 30 per dollar and these coins being 1/100th of a Grivna & 1/50th of a Grivna, it means each coin is worth only 1/30th & 1/15th of a U.S. Cent, but are minted from Stainless Steel(12% Chromium, 12% Nickel, 2% Mangenese & 74% Steel)
and cost hundreds of times the face value each to manufacture, so clearly will never be available again, except in 0+ Mint sets, I recently bought a 2018 Mint Set on eBay for 5.00, because from what I understand the small number of sets released on one day each year are purchased by dealers in the first few minutes of going on sale; 5,000 sets total each year, which sell out in a few minutes. There was a line before the government offices open to sell the sets in each major city in Ukraine. These are part of history and a real bargain for such a unique and a great investment, as there is no higher BU state of condition. All would be 70 or 69, so worth many times what I am selling them for now, if bought separately. FREE Shipping Too. I sold out the Mint sets I had in other listings. Ukraine now only mint coins for circulation that will be equal to 100, 200, 500, 1,000 and 2,000 of these coins, but only in cheap steel, that will be brass or nickel plated. Lowest face value denomination coin minted in 2018! Strangely, to this day in Ukraine many items are priced: i.e., 8.76, so the kopiok is still used as a number on price stickers, but now people just round up or down and the 5 kopiok coins are in circulation only in rural town areas, as the 5 Kopiok coins ceased to be minted in 2014. What business wants to pay a 50% premium on a coin to use in change? In 2015 a German Company descended on all vaults and bought up all of the 1 & 2 Kopiok coins and melted the coins for the
Chromium, Nickel and Mangenese
in the stainless steel to use in heavy industry. Millions were melted, making these much more valuable, as 90%+ have been melted down and no longer exist, with only a small number still in the original mint rolls.