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1 Chervonets Nicholas I

Issuer Russia › Russian Federation (1991-date)
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Shape Round
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Obverse lettering ВЕЛИКАЯ РОССИЯ
ОДИН ЧЕРВОНЕЦ
Reverse description Central field bears a uniformed bust of Emperor Nicholas I facing left, depicted in military dress with epaulettes visible on his shoulders. The inscription НИКОЛАЙ I appears in an arc along the upper periphery of the coin, identifying the portrait. The likeness is rendered in a neoclassical portrait style referencing 19th-century imperial Russian iconography.
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The chervonets (червонец) was historically a gold coin of ten rubles, issued under the tsars and later revived by the Soviet government in 1923 as a hard-currency stabilization tool during the NEP period. This piece is a modern Russian Federation restrike or commemorative issue, gold-plated rather than solid gold — a distinction that places it firmly outside the bullion or numismatic investment category.

Nicholas I reigned from 1825 to 1855, a period bookended by the Decembrist revolt and the Crimean War.

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