Most Expensive Russian Coins in 2011
Most Expensive Russian Coins. After the New Economic Policy the Soviet government decided to mint copper-nickel coins instead of silver. Silver – Monetary metal – required to meet the needs of industrialization. Reform was prepared in secret (in the surviving documents it is marked “top secret”). In 1931, in Soviet Union appeared copper-nickel 10, 15 and 20 kopecks.
The Russian Empire was the only country that was available for the circulation of platinum coins. Platinum 3, 6 and 12 rubles were minted from 1828 to 1845 years of fairly large print runs. 12 rubles coin, 1836 was issued only eleven.
At the beginning of the XX century in Siberia on imperial mines was found five-kilogram gold nugget. Nicholas II wanted to make coins for gifts to relatives and close people on his 40th anniversary in 1908. Nugget was enough for 150 gold coins.
Pilot coins with the date 1916 were the last witnesses of failed monetary reform in Russian Empire.
A Coin with a portrait of Alexander I in the Guards uniform, and an eagle on the back.
Before the 1730s, when rich mines were discovered in the Altai Mountains, Russia did not have silver – coins were minted from imported metal. In 1704 (initiator was Peter I) in Moscow began to produce silver rubles on the model of Western European thalers. These coins were as raw material for minting.
Rubles in 1861, were minted more than 70 000 pieces, in a condition of “proof” – very few.
Perfect condition of coins – proof.