3 Roubles (The Bank of Russia) 2020 front 3 Roubles (The Bank of Russia) 2020 back
3 Roubles (The Bank of Russia) 2020 photo
© tolnomur (CC BY-NC-SA)

3 Roubles The Bank of Russia

2020 year
Silver (.925) 33.94 g 39 mm
Description
Issuer
Russia
Period
Russian Federation (1991-date)
Type
Non-circulating coin
Year
2020
Value
3 Roubles 3 RUB = USD 0.031
Currency
Rouble (1998-date)
Composition
Silver (.925)
Weight
33.94 g
Diameter
39 mm
Thickness
3.3 mm
Shape
Round
Technique
Milled
Orientation
Medal alignment ↑↑
Updated
2024-10-07
References
Numista
N#218373
Rarity index
97%

Reverse

The mirror field of the disc bears a stylised image of a stairway, rising in a spiral and symbolising development, with a growth chart in the background; there is an inscription on the left in two lines: ‘160 ЛЕТ БАНКУ РОССИИ’ (160 YEARS OF THE BANK OF RUSSIA).

Script: Cyrillic

Lettering:
160 ЛЕТ
БАНКУ РОССИИ

Translation: years of the Bank of Russia

Designer: Sergey Kozlov

Edge

300 corrugations

Comment

Date of issue: 25 MAY 2020

In 1860, the Emperor of Russia Alexander II signed a decree to establish the State Bank. According to its charter, it was responsible for promoting ‘the revival of trade turnover and the resilience of the monetary system’. Alexander von Stieglitz, a renowned banker, entrepreneur and philanthropist, became the first Governor of the bank. Initially, the State Bank was mainly engaged in short-term commercial lending. In the 1920s, the bank was a key actor in the restoration of the country’s financial system and the development of exchange relationships. During the hardships of World War I and the Great Patriotic War, it focused on covering military expenditures and the supply of the army and households with money. In the Soviet Union, the State Bank was a lender for the centrally planned economy, issued money, and carried out international settlements. In the challenging 1990s, the bank did its best to keep the economy stable and created the system of foreign exchange regulation and control. Today, the Bank of Russia is a technologically advanced mega-regulator responsible for the stability of the entire financial system of the country.

Interesting fact

The 2020 Russian 3 Roubles silver coin features a unique design that commemorates the 75th anniversary of the Soviet Union's victory in World War II. The coin's obverse side features a relief image of the Soviet Union's coat of arms, while the reverse side depicts a scene of soldiers raising the Soviet flag over the Berlin Reichstag building. The coin's design is meant to symbolize the bravery and sacrifice of the Soviet people during the war.

Price

Date Mintage VG F VF XF AU UNC
2020 СПМД 5000 - - - - - -

Values in the table are based on evaluations by sales realized on Internet platforms. They serve as an indication only for 3 Roubles (The Bank of Russia) 2020 coin.