Russian 5 Ruble Nikolai II
If you are interested in possessing a timeless luxurious remnant of Russian history, then you should certainly take notice of Russian Nikolai II 5 ruble gold coins. Embodying more than 300 years of Russian history, these Russian 5 ruble gold coins encapsulate the most significant economic, political and social changes in one of the largest empires ever to exist in human history. They are the remains of a fascinating past, portraying one of world’s most powerful ruling dynasties. The history that is contained in these coins is simply staggering.
Minted predominately in the Saint Petersburg Mint from 1897 to 1911, Russian 5 rubles are among Russia’s most popular gold coins and as such will make a great addition to any investment portfolio or coin collection.
- Nikolai II 5 rubles are famous Russian gold coins. Russia’s most recognised historical gold coins represent an epoch of one of the world’s most powerful imperial dynasties, the Russian House of Romanov.
- 5 ruble coins are both a gold and numismatic investment. As a buyer of these coins, you are not only gaining the value of the gold contained in these coins but also the numismatic value which is embedded within.
- Russian 5 rubles are scarce. Although millions of these coins were minted from 1897 to 1911 most of them have been melted down or have gone missing. Because of their relative scarcity they are very popular with collectors and are also eagerly sought by investors.
- Nikolai II 5 rubles are well suited for coin collections. The mint masters did an exceptional job in crafting these beautiful coins, where astounding attention was given to detail. Gold ruble coins with their broad history and artistic design are a good choice for any serious coin collector.
- 5 ruble gold coins command a premium. The historical value and scarcity of gold rubles will yield a decent premium on their intrinsic value if you ever decide to sell them.
Nikolai II depicted on the 5 ruble gold coin
The observe of the coins depicts Nikolai II, Emperor and Autocrat of All Russia, Grand Prince of Finland and King of Poland from 1896 to 1917. He was the last monarch from the imperial dynasty, the House of Romanov, to wield exclusive power in the Russian Empire. The epoch of the Romanovs, one of the most powerful and longest ruling royal families in the history of the world, came to a sudden end when Nikolai II and his family were savagely murdered by the revolutionary Bolsheviks in 1918. The Romanov bloodline had until this date ruled Russia and all its territory for over 300 years. The influence, wealth and power accumulated and captured during this time were immense. At the peak of the Romanov dynasty in 1866, the Russian Empire covered an area of 22.8 million km2 or 15% of the world land area, stretching from Eastern Europe to Alaska.
The Gold Ruble and Russia’s Industrial Revolution
The Romanov dynasty which began in 1616 and lasted until 1917 saw Russia go through significant structural changes. The more noteworthy ones were the emancipation of serfs, the building of the railway system and the introduction of the gold ruble standard. The introduction of the gold ruble standard in 1897 had an immediate positive impact on the Russian economy: foreign investors attracted by the new stable gold ruble invested huge amounts of capital in heavy industries in cities like St Petersburg and Moscow. The new railway system ensured a more efficient means of transporting raw materials from the more remote resource rich areas of the country to the industrial centres throughout Russia, and finally the emancipation of serfs meant that a new mobile workforce became readily available for Russia’s expanding heavy industries. By 1900, Russia was a commodity producing powerhouse, and its rapid development during this time is dubbed by Russian economic historians as “the great spurt”.
Unfortunately, golden eras tend not to last forever, and in this case the onset of WWI made Russia abandon its gold ruble standard. The change to a fiat monetary system paved the way for the printing of unlimited paper money which, coupled with Lenin’s war communism, created a prolonged economic depression where hyperinflation and other poorly directed government policies destroyed much of the once booming industrial sector. Fortunate were those that held on to their gold rubles, as they were spared many of the misfortunes that occurred during this period.
|Nominal value||Dimensions||Fineness||Product weight in grams||Gold weight in grams||Gold weight in Troy ounces|
|5 ruble||18.00 mm||900||4.29918 g||3.86927g||0.12|
The Russian Nikolai II 5 ruble gold coin was minted between 1897 and 1911.
Obverse: The obverse depicts the effigy of Emperor Nikolai II. Also visible is an inscription in Cyrillic “НИКОЛАЙ II ИМПЕРАТОРЪ И САМОДЕРЖЕЦЬ ВСЕРОСС”, which translates as “Czar Nicholas II Emperor and Autocrat of All Russia”
Reverse: The reverse shows the Coat of Arms of the Russian Empire as a double-headed eagle holding a sceptre and an orb in its talons. The eagle’s chest is surrounded by the chain of Andrei Pervozvanny’s order that contains a shield decorated with the image of St. George slaying the dragon. The crowns pictured above the eagle are adorned with ribbons. Represented on the eagle’s wings are eight coats of arms, one for every kingdom that was part of Russia during that epoch: Poland, Tauric Chersonese, Georgia, Siberia and the Kazan Kingdoms, the Principalities of Kiev and Finland, and Novgorod. The face value of the coin and its year of issue are also inscribed below the emblem.
Edge: The edge contains the following engraved text in Cyrillic “1 золотникъ 78,24доличистагозолота”, which translates as “1 zlotnik and 78.24 dolias pure gold”. Zlotnik and dolias are old Russian systems of measurement. 1 zlotnik equals 96 dolias, where 1 zlotnik is equal to 4.265 grams. The initials of all mint masters who supervised specific coin issues are also visible on the edge of the coin: АГ – Apollon Grasgof, ФЗ – Felix Zaleman, АР – Alexander Redko, and ЭБ – Elikum Babayants.
Purity: The Russian Nikolai II 5 ruble is a 21.6 karat gold coin which means it is composed of 21.6/24 = 90% gold and the rest of the coin contains copper. The gold – copper alloy makes the surface of the coin more durable and less prone to scratches and marks. The fine gold content is 3.869 grams while the coin itself weighs 4.301 grams.
Packaging: Each coin is individually packaged in a hard plastic capsule.
When placing an order through our online shop, you can choose to have the products delivered to your local post office or to collect them in person at one of our offices in Stockholm.
Delivery by PostNord: all orders are fully insured and trackable. The package is shipped the same day after we receive your payment and will arrive to your local post office within 1-3 working days.
Self pick-up: you are welcome to come and collect your products at one of our offices in Stockholm the same day we notify you that we have received your payment.