Friday, August 31, 2012

The Central Bank of Russia Commemorative Coins

The Central Bank of the Russian Federation is the official national bank for the country of Russia.

In Short it is called the Bank of Russia. Founded initially in 1860 as the State Bank of the Russian Empire and being changed to The Central Bank of the Russian Federation in July 13, 1990. This bank is responsible for many financial tasks within Russia.

In December 1990, it was declared a legal entity and the main bank of the RSFSR (Russian Soviet Federative Socialist Republic). According to the Constitution of Russia, the Bank of Russia is an independent entity, with the primary responsibility of protecting the stability of the national currency, the ruble. It also holds the exclusive right to issue ruble banknotes and coins.

The Bank of Russia, by law, is to perform its duties independently of other state organizations, but the law also says that the central bank plans and carries out monetary and financial policy in cooperation with the Russian Government.

Along with all of its traditional financial duties, The Bank of Russia also issues Commemorative Coins of quite outstanding quality. The coins are minted at either the Moscow Mint, or St. Petersburg Mint locations and issued under the Central Bank of the Russian Federation.


Russia 2009 100 Ruble 200th Anniversary of the
Birth of N.V. Gogol 1 Kilo Silver Proof Coin

Featured to the right is the Russia 2009 100 Ruble 200th Anniversary of the Birth of N.V. Gogol 1 Kilo Silver Proof Coin. This coin displays the level of detail we have come to expect from the Mints of Russia. Exquisite craftsmanship and attention to detail make this coin stand out from the crowd.

What does our audience think of coins from Russia?

Be sure to check out our site and don't forget to the visit the Coins by Country - Russia, the new coins and sales sections. 

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