Jump to content
CoinPeople.com

Soviet 5 Rouble Commemorative Coins


Rhino
 Share

Recommended Posts

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 :ninja: . Thanks!

Link to comment
Share on other sites

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 :ninja: . 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

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

... 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

Wow, that's really interesting... thanks for the responses guys!

you are welcome :ninja:

Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
 Share

×
×
  • Create New...