1976-1978 Soviet Russia 10-Rouble Gold Chervonetz 3 piece Set NGC MS68

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Item #
317725

Get Your Piece of Gorbachev's Cold War Gold!

 

After the Russian Revolution, Lenin boasted that the only use for gold would be to make bathroom fixtures, but Soviet Russia very quickly changed course and minted its first Chervonetz Gold coins in the 1920s. The coin features a Russian farmer sowing grain with a factory in the background. Each coin is almost exactly a quarter ounce of pure gold. Loosely translated Chervonetz means "red coin," and refers to the high purity of gold which often gives the coins a shimmering red hue.

 

Mysteriously, Russia stopped minting Chervonetz gold in the 1920s, and even more mysteriously began minting them again between 1975 and 1982. Through those years, the USSR struck just 6.565 million coins, each in .2489 ounces of 90% gold. Perhaps a reason for this relatively small number is because this coin was never intended to circulate within the Soviet Union itself. At the time, the Soviets were experiencing the harsh economic times that often accompany political and social upheaval. And so the Chervonetz was intended for sale abroad, with the desperate hope of bringing new wealth into the Soviet Union.

 

The biggest mystery of all is what happened to those coins. No one really knows, but until recently only 724 Gold Chervonetz coins were graded at Professional Coin Grading Service (PCGS) and Numismatic Guaranty Corporation (NGC) combined—only 724 coins out of nearly 7 million minted – the last Gold 10 Roubles coin struck by the Soviet Union!

 

A few months ago, a small previously unknown hoard surfaced, with each coin in pristine condition. We've never seen anything like this Chervonetz Gold Hoard -- its historic significance cannot be understated! We're pleased to offer you a 1976-1978 three-piece set of the last three years10 Roubles Chervonetz coins were struck. Plus, each coin has been certified and graded by the Numismatic Guaranty Corporation (NGC) to be in stunning Mint State-68 (MS68) condition, meaning that each is an exceptional coin with sharp strikes, full original luster, and no hairlines or scuff marks. NGC has graded only 16 coins higher from all three years combined! Your set will come beautifully displayed in a walnut presentation box and accompanied by a certificate of authenticity.

 

Owning historic gold coins of this quality is an opportunity few collectors will ever have – and you are now among that elite group. Grab Gorbachev's gold for your collection!

 

  • THE LAST RUSSIAN GOLD 10 ROUBLES – Struck prior to the 1980 Summer Olympic Games in Moscow, these 1976-1978 10 Roubles Gold Chervonstys are the last Russian Gold 10 Roubles ever struck. During the Olympics, they were sold to foreign tourists who had to use them for admission to the sporting events. They were also used for foreign trade where the Soviets hoped they would compete with South Africa’s gold Krugerrand.

 

  • STRUCK IN FINE GOLD – Each Gold Chervonetz was struck in 8.6026 grams (nearly a quarter-ounce) of 90% gold.

 

  • LEGAL TENDER GOLD OF RUSSIA – These Gold Chervonstys were not official legal tender when they were first struck in the late 1970s. Many were sold by Russia’s Central Bank in the 1990s as investment coins and were granted legal tender status in the Russian Federation territories in 2001 with a denomination of 10 Roubles.

 

  • GRADED IN ALMOST PERFECT CONDITION – Each of the coins in your 1976-1978 Chervonetz Three-Piece Set has been certified and graded by the Numismatic Guaranty Corporation (NGC) to be in almost perfect Mint State-68 (MS68) condition, meaning that each is an exceptional coin with sharp strikes, full original luster and no hairlines or scuff marks. NGC has graded only 16 coins higher from all three years combined!

 

You can own your very own set of Cold War-era Russian gold by securing a three-piece set of some of the finest Gold Chervonetz coins in the world.

Year of Issue 1978, 1977, 1976
Country Russia
Composition Gold
Purity 0.9000
Condition Graded
Grade MS68
Denomination 10.00
Currency Type Rouble
Mint Name Russia
Coin Weight 8.60 Grams - g
Weight 1/4 Ounce - oz
Dimensions 22.6mm