The 100th Anniversary of the Gold Tchervonets
Obverse
a relief image of the National Coat of Arms of the Russian Federation and a semicircular inscription above it along the rim ‘РОССИЙСКАЯ ФЕДЕРАЦИЯ’ (RUSSIAN FEDERATION) framed with paired diamonds on both sides, under the coat of arms are the chemical symbol of the metal and fineness on the left and fine metal content and the mint trade mark on the right, at the bottom in the centre, in three lines, are an inscription ‘БАНК РОССИИ’ (BANK OF RUSSIA), the coin denomination ‘50 РУБЛЕЙ’ (50 RUBLES), and the year of issue ‘2023 г.’ (2023).
Reverse
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.
Authors
Designers: E.V. Kramskaya (obverse), A.D. Schablykin (reverse).
Sculptors: A.A. Dolgopolova (obverse), computer simulation (reverse).
Mint: Saint Petersburg Mint (СПМД).
Edge: 134 corrugations.
Discover more
In October 1921, the RSFSR founded the State Bank that was to ‘establish proper money circulation’. Pursuant to the related law, dated 11 October 1922, the State Bank was entitled to issue a strong currency partially backed by gold. Thus, the State Bank put into circulation its first Tchervonets banknotes.
However, the State Bank issued not only banknotes. In 1923, the Petrograd Mint started to mint Gold Tchervonets coins. By their parameters, they replicated the 10-ruble coin of tsarist Russia and were designed by mint master Anton Vasyutinsky based on a sketch for one of the agricultural shows held before the revolution. The coin depicts a peasant–sower standing against the background of smoking plant chimneys, a plough, and the rising sun. In 1923, the State Bank issued slightly more than 2.7 million Gold Tchervonets coins.
Fifty-two years later, the State Bank began to use the design with the sower again. In 1975, the State Bank issued 250,000 Gold Tchervonets coins and, then until 1982, the annual issue of such coins reached one million.
Today, the gold ‘sower’ is one of the investment coins of the Bank of Russia.
Source: https://museum.cbr.ru/