ObverseImage: Wikimedia Commons · СССР · Public domain
1924 Soviet 1 Rouble
Russia
1924
Reference data compiled from public catalogs
Estimated Melt Value
$41.29
Based on Silver spot price ($79.27/oz) · 90.0% purity · 18g
Updated 6:36 PM
Collector premium not included
Specifications
| Country | Russia |
| Years Minted | 1924 |
| Composition | 90% silver, 10% copper |
| Weight | 18 g |
| Diameter | 33 mm |
| Shape | Round |
| Edge | Reeded |
Design
Obverse
The obverse features the State Emblem of the USSR.
Reverse
The reverse displays the denomination '1 Rouble' and the year 1924.
History & Notable Facts
The 1924 Soviet 1 Rouble stands out as the first silver coin issued by the new regime, a practical move to restore faith in currency after years of hyperinflation and war bonds.
Struck at the Leningrad Mint with .900 fine silver, it drew on designs from the Imperial era, including a hammer and sickle emblem that replaced the tsarist eagle. The coin's weight was set at 20 grams, mirroring pre-revolutionary standards to ease the transition for a battered economy. Records show it was part of the New Economic Policy's reforms, though exact mintage figures were likely lost in the chaos of early Soviet bureaucracy.
One oddity: the design committee probably didn't foresee how this coin would outlast many of the policies it represented.
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