Russia - RSFSR Silver Coin Melt Values - Live Calculator
The table below lists each denomination and computes live melt value from the current silver spot price of $66.75 per troy ounce.
| Coin | Face Value | Years | Fineness | Gross Weight (g) | ASW (g) | ASW (oz t) | Qty | Melt Value |
|---|---|---|---|---|---|---|---|---|
| Ruble | 1 | 1921 - 1922 | 0.9 | 20 | 18 | 0.5787 | $0.00 | |
| Kopecks | 10 | 1921 - 1923 | 0.5 | 1.8 | 0.9 | 0.0289 | $0.00 | |
| Kopecks | 15 | 1921 - 1923 | 0.5 | 2.7 | 1.35 | 0.0434 | $0.00 | |
| Kopecks | 20 | 1921 - 1923 | 0.5 | 3.6 | 1.8 | 0.0579 | $0.00 | |
| Kopecks | 50 | 1921 - 1922 | 0.9 | 10 | 9 | 0.2894 | $0.00 | |
| Grand Total | $0.00 | |||||||
Country Silver Coin History
The history of silver coins in Russia during the RSFSR period is a fascinating subject that reflects the tumultuous changes in the country during the early 20th century. The RSFSR, or Russian Soviet Federative Socialist Republic, was established after the Russian Revolution of 1917 and lasted until it became the Russian Federation in 1991.
Early RSFSR Period (1917-1921)
After the Bolsheviks took power in 1917, the new Soviet government faced enormous economic challenges, including hyperinflation and a collapsing currency system. Initially, the Soviet regime continued to use the old Tsarist coins, including silver rubles, due to the lack of resources and infrastructure to mint new coins.
Introduction of Soviet Silver Coins (1921-1924)
In 1921, the Soviet government introduced new silver coins as part of the monetary reform to stabilize the economy. The first Soviet silver coins were minted in denominations of 10, 15, and 20 kopecks, as well as 1 ruble. These coins featured the hammer and sickle emblem and the inscription RSFSR."
