Chervonets

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Chervonetz ten ruble gold coin, 1976
Obverse gold ruble Chervonets, 1978
Reverse: Chwerwonez gold ruble, 1978
Edge of Chervonetz gold ruble, 1978

The Chervonetz (Russian: Червонец ; also written Chervonetz , plural: Chervonzen ; from червонный - bright red / bright red ) is a Russian gold coin , later also a banknote. Nowadays in Russian-speaking countries banknotes in various currencies with a value of ten currency units are also referred to as Chervonets.

Originally, western gold coins in the Russian Empire were called Chervonetz (червонец). After the October Revolution and the failure of the transition currency Sowsnak , a Russian gold coin with this designation was minted for the first time in 1923. It bore the name and coat of arms of the Russian SFSR and not the newly established Soviet Union . Their gross weight is 8.60260 grams with a fineness of 900/1000 (fine weight 7.74234 grams - almost 1/4 ounce) and their value was equivalent to ten rubles . This gold coin was minted in 1923 and later again in the period from 1975 to 1982. A Chervonetz was struck in 1925, but only one is known of this at the moment.

From 1922 Chervonetz was also a currency denomination on Soviet banknotes. With the currency reform of 1947, however, these notes were abolished. Since 10 old rubles corresponded to one new ruble, an old Chervonetz was equivalent to one new ruble.

The coins from 1925 bear the inscription СССР (SSSR) on the reverse, the other issues are minted with РСФСР (RSFSR).

In 1927 the "Chervonzen Affair" occurred when several members of a Georgian freedom movement tried to destabilize the Soviet Union by means of forged Chervonetz notes in Frankfurt. 120,000 notes were printed, 12,000 of which came into circulation.

Between 1975 and 1982 the Soviet Union minted gold Cherwonz with the old motif again. These were intended for sale as bullion coins abroad.

See also

Web links

Commons : Chervonetz  - Collection of images, videos and audio files

supporting documents

  1. Nikolay Nenovsky: Lenin and the currency competition: reflections on the NEP experience 1922-1924 . In: International Center for Economic Research (Ed.): ICER Working Paper 22/2006 . Turin 2006 ( online, PDF ).
  2. Johanna Lutteroth: The appearance of the offense In: One day. Contemporary stories on Spiegel Online (accessed February 18, 2012)