Soviet coins and their value. The history of coinage of the USSR

Soviet coins and their value

As soon as commodity-money relations appeared, tools arose for their implementation. Coinage of banknotes concerns the history of any country, the USSR was no exception. Soviet coins and their value, nominal or collection, personify the material side of the development of the Soviet Union, strengthening its position and image in the world and domestic financial markets as the first state of workers and peasants. Banknotes of those times occupy a certain niche in numismatics. The very history of Soviet coinage is exactly 70 years old. It is inextricably linked with the economic and political life of the country, and its signs are peculiar documents that have fixed this or that period of the development of the USSR state.

At the initial stage of the country's development, there was a period of non- monetary circulation. After the Civil War and the restoration of the St. Petersburg Mint, the Soviet government began minting banknotes. So the first Soviet coins appeared, and their cost was 50 kopecks and 1 ruble. In 1923 there was a fact of the release of gold pieces for international trade, which significantly increased the prestige of the young state in the eyes of Western businessmen. Thus began the history of Soviet coinage.

sell Soviet coins

In 1924, after the proclamation of the Union of Soviet Socialist Republics, the coat of arms of the Russian Federation, depicted in ruble denomination, replaced the all-Union state sign. Further issue of rubles in its original form in the same year was discontinued. The coinage of the young state was not experiencing so many monetary reforms, mainly repeating the principles and traditions of the pre-revolutionary period. The changes mainly concerned only the images of state regalia - the coat of arms and the motto. Soviet coins and their value were to fulfill the role of a kind of symbol and demonstrate to the population that the new government had come firmly and for a long time.

But the Soviet state collapsed a long time ago, and a lot of coins of the Soviet period are stored not only in old piggy banks or collections of numismatists. Many of them, lost since that time, are in the earth. Even without special equipment, you can stumble upon a particular specimen. Why are there expensive Soviet coins?

expensive soviet coins
Numismatics is a subtle thing, its assessment of a particular instance is unpredictable. This applies even to very new, modern coins. There are copies worth much more than nominal, issued in the last 10 years. For example, a coin with a face value of 1 ruble in 2003, minted by the St. Petersburg Mint, is estimated at 15 thousand rubles. What can be assumed when it comes to Soviet coins and their value?

Some attribute this paradox to the presence of supposedly valuable metals in the composition of the material, which cost a lot of money. Numismatists are mostly inclined to believe that collections are filled by the year of issue of a particular denomination. And if it lacks one or two coins, then the gambling soul of the collector is ready to pay a larger amount than the coin actually costs. As collections fill up, the value of a banknote can either rise or fall. Therefore, if you are going to sell Soviet coins, then keep in mind that demand creates supply. And it is not always possible to get the desired amount for our Soviet money rarity.

Source: https://habr.com/ru/post/B3382/


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