By June 17, 2014 0 Comments Read More →

Central Bank of Russia Issues New Ruble Coins

New Ruble coins struck for collectors are first coins to feature new Russian monetary symbol…

World Coins CoinWeek news report….

Last December, Russia announced that it would adopt a new symbol for the Russian ruble, in order to give the currency a more global reach.

ruble Central Bank of Russia Issues New Ruble CoinsThe adopted symbol, chosen by the Russian Central Bank (Russian language website) after public consultation, features the Cyrillic letter “P” with two horizontal lines intersecting the character’s stem, prominently cantilevered to the right. The top line forms the bowl of the “P”, while the bottom line extends to the point of the bowl’s curve. The Cyrillic letter “P” makes the “R” sound in Russian and is the first letter of the world Pубль.

Today, the Central Bank of Russia issued two coins to commemorate the launch of the new emblem. The coins, in the denomination of one and three rubles, feature a vegetal filigree design with the new symbol and the word “pубль” on the obverse. The coins’ reverse depicts the Russian double eagle encircled by the coins’  denomination and the inscription “Банк России” (Russian Central Bank). The date “2014″ is located at the bottom of the coin in the exergue.

According to Russian news reports, 1,500 silver 3 ruble coins containing 31.1 grams of silver were issued for collectors, while 100 million 1 ruble coins will be struck and released into circulation.

 

 

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