Most Expensive Coins Russia | 1997 2 Rouble Russian Rare Error Coin Review

This video is about an old rare error coin from Russia. The history of the ruble dates back to 1704, when the coin was standardized to 28 grams of silver during the rule of Peter the Great. A new standard was implemented on December 17, 1885, which did not affect the silver ruble but lowered the gold content to 1161 grams. Later, during the rule of Nicholas I, the silver ruble was declared a monetary unit and a principal instrument of payment, and banknotes became a payment support instrument. Although the ruble went through innovations, reforms, and trials, the value remained intact until 1971. The design of the Russian currency changed in 1991 during the Soviet Union’s dissolution. The Central Bank of the Soviet Union placed into circulation new notes and coins. The Bank of Russia also issued Russian ruble banknotes in denominations 5,000 and 10,000. There was a new reform in 1993, which along with the new notes issued, aimed to bring an end to the circulation of Soviet versions. In my video I have discussed the features of this rare coin.

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