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10 Roubles Russian Ballet

Issuer Soviet Union
Year 1990
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Thickness 2.3 mm
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Edge Reeded
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Mintage 1990 ЛМД - - 15,000
Additional information

The Soviet palladium ballet series, launched in 1988, was among the first government-issued palladium bullion coinage in the world — a direct response to South Africa's near-monopoly on platinum-group metal coins and a calculated attempt to develop a secondary market for Soviet palladium production, which at the time rivaled South Africa's own output. The USSR was dumping the metal strategically, and these coins were part of a broader commodities play dressed up in cultural prestige.

By 1990, the program was operating against a collapsing state economy, making these late issues among the last coherent numismatic projects the Soviet mint would complete before dissolution.

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