On new Russian Chervonetz

This year Russia is issuing Gold commemorative coinage to commemorate the 100th anniversary of Lenin's Chervonetz coin, partly in response to america's commemorating the 100th anniversary of the Morgan/Peace dollars


 

It is interesting as Pytor Veliky created the Chervonetz over three centuries ago as an equivalent of the Reich Ducat, and Lenin's Chervonetz was created as a marxist competitor to the Sovereign. At present Russia has Gold Bullion coins in the Georgiy Pobedonosets coins, and it remians to be seen if these Chervontez will be issued yearly like their american Morgan/Peace counterparts.

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