1/8 Pound 1829 "Ingot for payments in the Far East" (Russia, Nicholas I)
Specification
- MetalSilver (0,979)
- Weight51,19 g
- Pure silver (1,6112 oz) 50,115 g
- Diameternull mm
- EdgePlain
Description
- CountryRussia
- PeriodNicholas I
- Denomination1/8 Pound
- Year1829
- RulerNicholas I (Emperor of Russia)
- MintSaint Petersburg
Auction prices
Find out the current coin value of the Russian 1/8 Pound 1829 "Ingot for payments in the Far East". This silver coin from the times of Nicholas I struck at the Saint Petersburg Mint. Wondering how much a coin like this is worth? The record price belongs to the lot 584 sold at the Rare Coins auction for USD 32,000. Bidding took place April 22, 2017.
How much is the silver coin of Nicholas I 1/8 Pound 1829 "Ingot for payments in the Far East"?
According to the latest data as of December 6, 2025 the average price of a Silver coin 1/8 Pound 1829 "Ingot for payments in the Far East" is 29000 USD.
Where does our service get data on the current price of the 1/8 Pound 1829 "Ingot for payments in the Far East"?
The information on the current value of the Russian coin 1/8 Pound 1829 "Ingot for payments in the Far East" is based on actual auction sales of similar specimens. To reflect the current price level, our service monitors over 590 numismatic companies and records auction results in the coin catalog and auction archive. Please note that the exact value depends directly on the coin's condition, so the average price serves only as an approximate estimate.
Where can I sell the 1/8 Pound 1829 "Ingot for payments in the Far East"?
To sell the 1/8 Pound 1829 "Ingot for payments in the Far East" we recommend contacting specialized numismatic companies that hold regular auction sales. Public auctions are the most fair and secure way to sell valuable collectible coins. Go to the list of companies to find a suitable platform.
