Rare 1992 Ukrainian 1-hryvnia coin sells for up to 37,000 hryvnias

Ukrainian collectors may pay up to 37,000 hryvnias for a rare 1-hryvnia coin from 1992, making it a valuable find for sellers. The coin, identified as variety 1.1AAg, features a smooth edge without inscriptions, as minting tools for edge lettering did not initially exist. A 2001 coin variety with a smooth edge can fetch up to 5,000 hryvnias, though experts warn of counterfeits created by filing down cheaper coins. Authentic 2001 coins weigh 6.8 grams and measure 26 millimeters in diameter. Separately, the National Bank sells a silver investment coin called "Archistratyg Mykhail" with a 1-hryvnia denomination.