ST GEORGE THE VICTORIOUS by the Central Bank of Russia

ST GEORGE THE VICTORIOUS by the Central Bank of Russia 2017-04-23T22:37:30+00:00

Project Description

One of the coolest of the worlds bullion coins, the Central Bank of Russia (CBR) issued St. George the Victorious coin made its gold debut on 01 February 2006 with the silver following on 11 January 2009. It’s never been one of the easiest coins to get hold off outside of Russia, with eBay being the best bet for many, but it’s widely liked for its classic and clean design, devoid of superfluous inscription or decoration. Depicting a striking, stylistic pose of St George, mounted on horseback with a spear piercing a prone dragon, it’s the same for both the ¼ oz gold and the 1 oz silver coins. The obverse carries the superb double-headed eagle that adorns Russian commemorative coins from the CBR.

Unlike most of the world’s major bullion coins, the release schedule for the St George the Victorious is a little spotty to say the least. There were no gold coins issued in 2011, 2013 or 2014, and since it’s launch in 2009, the silver has only reappeared once in 2010. Both were said to have been put on hold while the mint was designing and issuing multiple coin series for the horrendously expensive Sochi Winter Olympics back in 2014, but given it’s a pre-existing design, we find that hard to swallow as a valid reason. Whatever the reasons, both the gold and silver coins are back carrying a 2015 date. Both are listed as having a maximum mintage of 500,000 units, but that doesn’t necessarily mean all will be struck. A proof gold version was released in 2012, but that hasn’t been repeated in either gold or silver since. A silver proof version in particular would, we imagine, be warmly recieved.

A fine coin that deserves a much wider audience than it currently has. Hopefully this relaunch will see the coin move to a more regular annual release, and some bigger silver variants would be a cool addition. The premiums on these are a little too high for the hardcore stacker, but every collector should have one of these in our opinion.

REVERSE: the image of Saint George the Victorious sitting on horseback and spearing a dragon.

GOLD OBVERSE: in the centre – the emblem of the Bank of Russia [the two-headed eagle with wings down, under it – the semicircular inscription “БАНК РОССИИ” (BANK OF RUSSIA)] framed by a circle of dots and inscriptions along the rim – on top: “ПЯТЬДЕСЯТ РУБЛЕЙ” (FIFTY RUBLES), below: to the left – indications of the precious metal and its fineness, in the centre – the year of issue “2015 г.” (2015), to the right – the fine metal content and the mint trade mark.

SILVER OBVERSE: in the centre – the emblem of the Bank of Russia [the two-headed eagle with wings down, under it – the semicircular inscription “БАНК РОССИИ” (BANK OF RUSSIA)] framed by a circle of dots and inscriptions along the rim – on top: “ТРИ РУБЛЯ” (THREE RUBLES), below: to the left – indications of the precious metal and its fineness, in the centre – the year of issue “2015 г.” (2015), to the right – the fine metal content and the mint trade mark.

ARTIST/SCULPTOR: A.V. Baklanov, National Artist of Russia.

MINT: Moscow and Saint Petersburg Mints (ММД and СПМД).

EDGE: 300 corrugations.

2012 LIMITED GOLD PROOF

On 01 August 2012, the Central Bank of the Russian Federation issued two special gold coins, one 7.78g (1/4oz) “50 rubles” coin and another 15.55g (1/2oz) coin of “100 rubles”. Both were struck to a proof finish. The latter coin has the same design but greater diameter and thickness. There are 240 corrugations on the edge of the coin compared to 134 corrugations are on the edge of 50 rubles coins.

They’re quite sought after and carry a healthy premium.

MINTAGES FROM 2006 TO 2015

 

SPECIFICATION

DENOMINATION COMPOSITION WEIGHT DIAMETER FINISH MINTAGE BOX / COA
3 RUBLES 0.999 SILVER 31.50 g 39.00 mm UNC 500,000 NO / NO
50 RUBLES 0.999 GOLD 7.78 g 22.60 mm UNC 500,000 NO / NO
CENTRAL BANK OF RUSSIA

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