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chervonets
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chervonets

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Chervonets (pl. chervontsy) is the traditional Russian name for large foreign and domestic gold coins. The name comes from the Russian term червонное золото (chervonnoye zoloto), meaning 'red gold' (also known as rose gold)the old name of a high-grade gold type.

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19 sections
Contents
  • Chervontsy in the Russian Empire
  • Ducats of foreign coinage
  • Chervontsy of Russian coinage
  • Platinum Chervontsy
  • Dutch ducats of Russian coinage
  • Imperial
  • Chervonets in Soviet Russia
  • Strengthening of the chervonets
  • Golden Chervonets
  • After the NEP
  • The 1980 Olympics
  • Uses of the word
  • Pre-revolutionary chervonets
  • Soviet Union
  • New Economic Policy (NEP)
  • 1930s and later
  • See also
  • Footnotes
  • External links

Chervonets (pl. chervontsy) is the traditional Russian name for large foreign and domestic gold coins. The name comes from the Russian term червонное золото (chervonnoye zoloto), meaning 'red gold' (also known as rose gold)the old name of a high-grade gold type.

Originally, this gold coin was identical to the gold ducat of 3.5 grams, 98.6% fine gold. The first known chervonets of Russian coinage was the Ugric gold; it was created in the 15th century under Ivan III. Sometimes, chervonets were considered any large gold coin, including imperial and semi-imperial coins.

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