ObverseImage: Wikimedia Commons · Антон Фёдорович Васютинский · Public domain
Soviet 1923 Chervonets
Russia
1923
Reference data compiled from public catalogs
Market Price Range
Based on 1 eBay listings · Prices vary by grade and condition
Estimated Melt Value
$1,196.96
Based on Gold spot price ($4,808.9/oz) · 90.0% purity · 8.602g
Updated 11:56 AM
Collector premium not included
Specifications
| Country | Russia |
| Years Minted | 1923 |
| Composition | 900 gold |
| Weight | 8.602 g |
| Diameter | 22.6 mm |
| Shape | Round |
| Edge | Reeded |
Design
Obverse
The obverse features the State Emblem of the USSR, including a hammer and sickle surrounded by sheaves of grain.
Reverse
The reverse displays the denomination '10' along with the year '1923' and wheat ears.
History & Notable Facts
The 1923 Chervonets was the Soviet Union's first gold coin issued after the revolution, directly tied to their effort to re-enter international trade by mimicking the pre-war ruble's standard.
Weighing 8.602 grams of 900 fine gold, it featured a simple design: a worker sowing grain on one side and the Soviet emblem on the other. The Leningrad Mint produced it, drawing on recycled equipment from imperial times. That continuity might explain why it circulated abroad more smoothly than expected.
Mintage figures are murky; records from that era often vanished into bureaucracy. As for myths, I've heard tales of hidden troves in Siberian vaults, but that's just collector folklore.
Some call it a bridge between old and new Russia. But then, every coin is a bridge somewhere.
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AI Analysis & Price Prediction
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