Catalog
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| Issuer | Bank of Russia |
|---|---|
| Year | 1993 |
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| Currency | Rouble (1991-1997) |
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| Obverse description | The obverse features the double-headed eagle emblem of the Bank of Russia, displayed with wings spread and talons grasping a sceptre and orb, set against a mirror-polished proof field. A beaded inner circle frames the central device, with the denomination '50 РУБЛЕЙ' and date '1993 г.' arching along the upper rim. The legend 'БАНК РОССИИ' curves along the lower rim, also within the beaded border. The alloy designation 'Au 900' and the Moscow Mint mark 'ММД' appear in the lower field flanking the eagle, alongside the fineness mark '7.78' indicating the fine gold content in grams. |
|---|---|
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| Mintage | 1993 ММД - Proof - 7,500 |
| Additional information |
Issued the year after Russia's catastrophic hyperinflationary crisis of 1992, this piece belongs to a commemorative gold program that the Bank of Russia used partly to generate hard currency revenue during a period when the rouble itself had collapsed to a fraction of its Soviet-era value. Rachmaninov was chosen deliberately — he had died in 1943 as a stateless exile in Beverly Hills, having fled Russia in 1917 and never returned, a biographical detail that made him a complicated but prestigious figure for the new post-Soviet state to reclaim.
The .900 fineness matches pre-revolutionary Russian gold coinage standards — an almost certainly intentional echo.