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Timed to 100th anniversary of first Soviet gold coin

15 June 2023
Press release

On 15 June 2023, the Bank of Russia issues a 50-ruble gold commemorative coin ‘The 100th Anniversary of the Gold Tchervonets’ (Catalogue No. 5216-0126).

Soviet Gold Tchervonets coins were first minted in 1923 by the Petrograd Mint. By their parameters, they replicated the 10-ruble coin of tsarist Russia and were designed by mint master Anton Vasyutinsky.

The 50-ruble gold commemorative coin (fine metal content 7.78 g, fineness 999/1,000) has a round shape and is 22.6 mm in diameter.

The obverse and the reverse of the coin have a relief rim around the circumference.

The obverse of the coin features a relief image of the National Coat of Arms of the Russian Federation and the inscriptions ‘РОССИЙСКАЯ ФЕДЕРАЦИЯ’ (RUSSIAN FEDERATION) and ‘БАНК РОССИИ’ (BANK OF RUSSIA), the denomination of the coin ‘50 РУБЛЕЙ’ (50 RUBLES), the year of issue ‘2023 г.’ (2023), the chemical symbol of the metal according to Mendeleev’s Periodic Table of Elements, fineness, the Saint Petersburg Mint trademark, and fine metal content.

The reverse of the coin features relief images of a peasant—sower at work in the centre; rays of the rising sun on the left, smoking plant chimneys on the right, and a field and a plough in the centre in the background; the relief inscriptions at the top ‘ОДИН ЧЕРВОНЕЦ’ (ONE TCHERVONETS) around the circumference and ‘100 ЛЕТ’ (100 YEARS) on the left in two lines, and the year ‘1923’ on the left around the lower circumference.

The edge of the coin is corrugated.

The coin is minted in proof quality.

The mintage of the coin is 1.0 thousand pcs.

The new coin is legal tender of the Russian Federation and is mandatory for acceptance for all kinds of payments without any restrictions at its face value.


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