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Choice collection of Russian coins to be auctionede

By Michael Brady

In October, a choice collection of 17th to early 20th century Russian silver coins will be put on auction at Munich jointly by Oslo Mynthandel and Giessener Münz Handlung of Munich.

The collection, some 1600 items in all, was amassed by Norwegian businessman Gerhard Heiberg, and includes almost all the finest coins of Czarist Russia, minted from the time of Peter the Great (1672-1725) to the time of the last Czar, Nicholas II (1868-1918). Born in Oslo in 1939 and educated in Norway, Denmark and California, Heiberg started the collection in the 1950s, together with a boyhood friend. Through the years, numismatics remained a strong bond between the two men, even though Heiberg's career took him abroad, to Liberia, Ghana, the Philippines and Venezuela, and then back to Norway, to numerous board positions, and the presidency of the 1994 Olympic Winter Games in Lillehammer. Somehow, despite a workaholic schedule and frequent travel, Heiberg always found time to meet his childhood chum and pore over new acquisitions to the collection, now valued at about one million dollars.

"Three years ago, when his co-collecting friend succumbed to cancer, Heiberg found that his will to maintain the collection had also perished," explains Gunnar Thesen of Oslo Mynthandel, who now is cataloging the coins for auction.

Although the cataloging has just begun, Thesen points to one of its nigh unique aspects, that it is both extensive, with coins from almost all years in the range, and comprehensive, with many variations within series. "And there are individual attractions," he remarks, "such as the Dassier ruble of Elizabeth, the 1714 ruble and several rare Paul I and Alexander I rubles."