Wednesday, June 1, 2011

In Russia there was a coin-quarter

In Russia for the 2014 Olympics will be put into circulation new coin denomination is 25 rubles. On it informs "Lenta.Ru" on Friday, April 15, referring to Russian news agencies. The total size of the future circulation of 25-ruble coins with the emblem of the Olympic Games in Sochi will be 10 million coins of non-ferrous metal will be introduced into circulation at face value through the usual channels of monetary circulation of cash. The Bank of Russia will start issuing coins of 25 rubles for 15 April 2011. Chasing will be Goznak. On the coins for the first time in modern Russian history on the front side is the State Emblem. It is expected that the wide circulation coin will receive by 2014. In addition to the 25-ruble in Russia under the monetary program of the Sochi 2014 during the period from 2011 to 2013 will be released 46 species of commemorative and bullion coins in gold, silver and base metals. Some of them will have a rectangular shape. Total circulation of all the coins will be more than 36.7 million, in particular, will be issued coins valued at 3, 50, 100 and 1000. Previously reported that Sberbank intends to receive 1 billion rubles. net profits from the program implementation of coins on 2014 Olympic Games in Sochi. Sberbank is the holder of exclusive rights for precious coins with Olympic symbols.

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