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150 Roubles Russian Ballet
| Issuer | Bank of Russia |
|---|---|
| Year | 1994 |
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| Composition | Log in to see details |
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| Reference(s) | Y#430, CBR#5318-0005 |
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|---|---|
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| Reverse description | Log in to see details |
| Reverse script | Cyrillic |
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| Edge | Reeded |
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| Additional information |
Russia's platinum commemorative program of the early 1990s emerged from a peculiar post-Soviet opportunity: the state-controlled platinum reserves, long suppressed from Western markets, could now be monetized directly through collector coinage. The 1994 ballet issue belongs to a series that began in 1993, with the Bank of Russia leveraging Norilsk Nickel's dominance in global platinum supply — Russia controlled roughly 60% of world output at the time — to underwrite prestige issues at minimal raw-material cost.
Mintages for this series were kept extremely low, rarely exceeding a few thousand pieces across any given year.