CNG 90, Lot: 2318. Estimate $200. Sold for $475. This amount does not include the buyer’s fee.

RUSSIA, Novgorodskaya Feodal'naya Respublika (Novgorod Republic). State coinage. 12th-15th centuries. AR Denga (14mm, 0.85 g, 2h). Prince standing right, holding sword and receiving homage from subject kneeling left; Д above / BЄ[Λ]/ HKOГO[N]/ OBAГO[P]/ OДA. Spasky fig. 66, 4 var. (legend). Good VF, underlying luster.