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3 Roubles Vitte's Emission Law
| Issuer | Bank of Russia |
|---|---|
| Year | 1997 |
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| Thickness | 3.30 mm |
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| Reverse script | Cyrillic (cursive) |
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| Mintage | 1997 ММД - Proof - 10,000 |
| Additional information |
The 1897 monetary reform led by Finance Minister Sergei Witte placed Russia on the gold standard, but it was Witte's parallel regulation of the State Bank's emission rights — strictly tying rouble issuance to gold reserves — that gave the reform its structural teeth. This 1997 commemorative marks the centennial of that legislation.
The emission law capped unbacked note circulation at 300 million roubles, a ceiling that held until the strains of the Russo-Japanese War forced its abandonment.