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3 Roubles Saint George the Victorious, Silver Bullion Coinage
| Issuer | Bank of Russia |
|---|---|
| Year | 2016-2024 |
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| Composition | Log in to see details |
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| Technique | Milled |
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| Obverse description | The central field bears a raised effigy of the State Coat of Arms of the Russian Federation, depicting a double-headed eagle. Surrounding the device, the upper legend reads РОССИЙСКАЯ ФЕДЕРАЦИЯ (Russian Federation) and the lower legend reads БАНК РОССИИ (Bank of Russia). The denomination 3 РУБЛЯ (3 Roubles) appears below the coat of arms, flanked by the year of issue. Metallic fineness indicators — Ag 999 and the fine silver content of 31.1 g — are inscribed in the field alongside the mint mark of the Saint Petersburg Mint (СПМД) or Moscow Mint (ММД), depending on the year of issue. |
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| Mintage | 2016 СПМД - UNC - 18,205 2017 СПМД - UNC - 20,000 2018 ММД - UNC - 150,000 2018 СПМД - UNC; Mintage included above - 2019 СПМД - UNC - 100,000 2020 ММД - UNC - 300,000 2020 СПМД - UNC; Mintage included above - 2021 ММД - UNC - 200,000 2021 СПМД - UNC; Mintage included above - 2022 ММД - UNC - 205,000 2022 СПМД - UNC; Mintage included above - 2023 ММД - UNC - 500,000 2023 СПМД - UNC; Mintage included above - 2024 СПМД - UNC - 500,000 |
| Additional information |
The Saint George bullion ruble series was introduced by the Bank of Russia in 2009 as a direct competitor to established Western bullion programs — the Britannia, the Maple Leaf, the Eagle. Russia's timing was deliberate: global silver demand was spiking post-2008 and the Kremlin wanted a domestically issued hard-asset product with recognizable iconography tied to Russian Orthodox tradition. The 3-rouble denomination is purely nominal; no one has ever spent one.
These trade at a fixed premium over spot through Sberbank and other authorized Russian dealers, a distribution model that kept them largely out of Western secondary markets until sanctions after 2022 sharply disrupted that channel.