Russian gold coins: 50 Rouble “George the Victorious”

In February 2006 a new 24 carat gold investment coin featuring the Saint Georges the Victorious was introduced by the Bank of Russia. This is very similar to the reverse of the British Sovereign and should prove popular in the UK.  So far 1,500,000 coins have been minted.

Obverse – in the centre – the Emblem of the Bank of Russia [the two-headed eagle with wings down, lower – the semicircular inscription – «БАНК РОССИИ» (BANK OF RUSSIA)] framed by a circle of dots and inscriptions along the rim: at the top – «ПЯТЬДЕСЯТ РУБЛЕЙ» (FIFTY RUBLES), at the bottom – the year of issue «2006», the letters to the left indicate the metal sign and the fineness, to the right – the fine metal content and the mint trade mark.

The Reverse depicts the image of St. George the Victorious sitting on horseback and slaying a dragon.

Mintage

In 2010, the Bank of Russian was planning to issue 700,000 of the 50 rouble St George the Victorious coins, and in 2011 they plan were to issue a new design 24 carat gold coin with the same specifications to commemorate the XXII th Winter Olympic Games – 2014 in Sochi.  This would be a 50 Rouble denomination coin and the planned mintage was 2,000,000.

YearMintage
Gold 50 Rouble 2006150,000
Gold 50 Rouble 2007500,000
Gold 50 Rouble 2008630,000
Gold 50 Rouble 20091,500,000
Gold 50 Rouble 2010640,000
Gold 50 Rouble 2012500,000
Gold 50 Rouble 2014300,000
Gold 50 Rouble 201530,000
Gold 50 Rouble 2018150,000

Specifications

Russia has also produced in modest quantities commemorative gold coins in 10,25,50 and 100 Rouble denominations with themes of the Russian Ballet (most common), the 22nd Olympiad in Moscow, anniversary of the Russian State Russian featuring architecture, monuments and Leo Tolstoy

By Alexandre Laurent

Alexandre Laurentl is working in the jewelry and investment gold since 2002. Alexandre graduated from The Normandy School of Business and from the University of Perpignan a Bachelor of economics in 1995.

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