Rhino Posted October 25, 2009 Report Share Posted October 25, 2009 The 5 rouble soviet coins, with David's monument, the Archangel's cathedral, the Armenian institute, and the Soviet Bank, were those circulated? Or were they just commemorative UNC ones? I have those 4 that I mentioned, but I've talked to a few people from the former Soviet Union who have never seen them before . Thanks! Link to comment Share on other sites More sharing options...
one-kuna Posted October 25, 2009 Report Share Posted October 25, 2009 The 5 rouble soviet coins, with David's monument, the Archangel's cathedral, the Armenian institute, and the Soviet Bank, were those circulated? Or were they just commemorative UNC ones? I have those 4 that I mentioned, but I've talked to a few people from the former Soviet Union who have never seen them before . Thanks! to my memory it was as the following: once new issue of commemorative coin was annonunced in newspaper, there were possiibility to purchase this coins from a bank if you had some friends there, otherwise all new issue were given out to dark market in most to get a profit and very rarely were in circulation; also numismatic clubs from all over the country (Soviet Union) sent their representative to Moscow, Pushkinskaya street, Mezhnumizmatika, to get some quantities for their club members; some folks who had friends in Banks could get some rubles to re-sell and for profit because of high demand from russian population; also these and others were used as perfect gift or used very widely for bribes in Russia Link to comment Share on other sites More sharing options...
Scottishmoney Posted October 25, 2009 Report Share Posted October 25, 2009 Actually I bought several of them, because then in USSR it was not really legal to take ruble banknotes out of USSR(though I did anyway), but I had extra rubles at the end of the trip and exchanged them for the commemorative coins at a kiosk in the airport. The coins were not really circulated, much like the dollar coins in the USA, you could find them occasionally at banks or stores - but practically no one spent them - they were saved as souvenirs. Link to comment Share on other sites More sharing options...
one-kuna Posted October 25, 2009 Report Share Posted October 25, 2009 ... but practically no one spent them - they were saved as souvenirs. it is correct. but dark market was always at that time for those. Link to comment Share on other sites More sharing options...
Rhino Posted October 26, 2009 Author Report Share Posted October 26, 2009 Wow, that's really interesting... thanks for the responses guys! Link to comment Share on other sites More sharing options...
one-kuna Posted October 26, 2009 Report Share Posted October 26, 2009 Wow, that's really interesting... thanks for the responses guys! you are welcome Link to comment Share on other sites More sharing options...
Recommended Posts
Archived
This topic is now archived and is closed to further replies.