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3 Roubles The Karachay-Cherkess Republic
| Issuer | Bank of Russia |
|---|---|
| Year | 2022 |
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| Shape | Round |
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| Reverse script | Cyrillic |
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| Edge | Reeded (300 corrugations) |
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| Additional information |
The Karachay-Cherkess Republic occupies a stretch of the northwestern Caucasus where the Karachay and Cherkess peoples were administratively merged into a single autonomous republic under Soviet nationalities policy in 1957, despite having little in common ethnically or linguistically. That pairing has generated persistent tension; the republic declared sovereignty in 1990 and saw serious separatist pressure through the 1990s before stabilizing within the Russian Federation. This coin is part of the Bank of Russia's long-running commemorative series on Russian regions, which has issued hundreds of pieces since the 1990s — making individual examples modestly collectible rather than scarce.