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5 Roubles - Nikolai I Discovery of Gold at Kolyvan Mines
| Issuer | Imperial Russian Mint |
|---|---|
| Year | 1832 |
| Type | Log in to see details |
| Value | 5 Roubles (5 Рублей) |
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| Composition | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
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| Reverse description | Log in to see details |
| Reverse script | Cyrillic |
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| Edge | Dotted |
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| Additional information |
The Kolyvan-Voskresensk mines in the Altai region had been worked for copper and silver since the 1720s, but systematic gold extraction only became significant in the early nineteenth century as assay techniques improved. This coin was issued specifically to mark that recognition — part of a short series of commemorative circulation pieces honoring Siberian mineral wealth at a moment when the Russian treasury was actively recalibrating its gold reserves policy under Nicholas I.
Bitkin lists only a handful of die varieties for this type, and total production across the run was extremely modest. Most surviving examples show minimal circulation, suggesting they were largely held as presentation or cabinet pieces from the outset.