Silver coins were in regular circulation in Russia. The values below represent the intrinsic value of silver coins from Russia.
Russia silver coins that are in uncirculated condition, or that may be rare and collectible may also have numismatic value. You can use this table as a guide when buying and selling circulated silver coins from Russia.
The melt values are calculated and displayed in USD based on the today's silver spot price of $30.25 per troy ounce.
Denomination / Currency | Years Minted | Fineness | Gross Weight (g) | ASW (g) | ASW (oz t) | Melt Value |
---|---|---|---|---|---|---|
5 Kopecks | 1867- 1915 | .500 | 0.9 | 0.45 | .0145 | $0.44 |
10 Kopecks | 1867- 1917 | .500 | 1.8 | 0.90 | .0289 | $0.87 |
15 Kopecks | 1867- 1917 | .500 | 2.7 | 1.35 | .0434 | $1.31 |
20 Kopecks | 1867- 1917 | .500 | 3.6 | 1.80 | .0579 | $1.75 |
25 Kopecks | 1895- 1901 | .900 | 5 | 4.50 | .1447 | $4.38 |
50 Kopecks | 1895- 1914 | .900 | 10 | 9.00 | .2894 | $8.75 |
1 Ruble | 1895- 1915 | .900 | 20 | 18.00 | .5787 | $17.51 |
The history of silver coins in Russia is rich and varied, reflecting the country's tumultuous past and its evolving economic conditions. Here is an overview of some key periods in the history of Russian silver coinage:
The use of silver coins in Russia dates back to the medieval period. In the 10th century, the Kievan Rus, a federation of Slavic tribes, began to mint their own coins, known as grivnas. These were often stamped with the image of a ruler or religious symbols.
During the Muscovite period (14th to 17th centuries), the ruble was introduced. Initially, rubles were not coins but rather a unit of weight for silver. The actual minting of silver ruble coins started in the late 17th century under the rule of Tsar Alexei Mikhailovich.
Peter the Great (reigned 1682-1725) introduced significant monetary reforms. He modernized the Russian coinage system, introducing standardized silver ruble coins. These coins often featured the image of the Tsar and were used to facilitate trade and commerce.
During the 18th and 19th centuries, the Russian Empire continued to produce silver rubles and smaller denomination coins (kopeks). These coins were widely circulated and are known for their intricate designs and the use of high-quality silver.
After the Russian Revolution in 1917, the Soviet government introduced new coinage. Initially, silver coins were still used, but over time, the use of precious metals in everyday currency declined, and base metals became more common.
In modern times, the Central Bank of Russia issues commemorative silver coins. These coins are often minted to celebrate historical events, cultural achievements, and significant anniversaries. They are highly collectible and are not typically used in everyday transactions.