1 Chervonets Alexander II

The chervonets denomination was historically a gold trade coin of the Soviet era, most famously struck from 1923 onward as the Sovznak replacement during the NEP currency reform. This piece bears Alexander II's name within that numismatic tradition, but is a gold-plated issue of the Russian Federation — a commemorative product rather than a monetary instrument, produced for the collector market that emerged after 1991.