At a meeting of novice collectors, disputes often arise about what was the largest denomination of the coin that domestic money had. And experienced numismatists, like fishermen, like to remember the coins of the largest denominations that they had in their hands. In the ancient world, this status can be assigned to twenty states of Eucrites the First.
The largest denomination of Tsarist Russia
For tsarist Russia, even the ruble was a large sum, so they were in no hurry to introduce coins of great denomination in previous centuries, and after that their role passed to paper money. Even the upper face value of the platinum ruler introduced by Nicholas the First was equal to a dozen rubles. However, a gold coin worth twenty rubles was planned under Elizabeth Petrovna, but it remained a trial copy. The imperial (15 rubles) of 1897, launched by Nicholas II, received a quarter less dignity. But the largest denomination of the tsarist time is considered to be a coin of 1902 made of gold. She has a double denomination “37.5 rubles – 100 francs”. It wasn’t intended for turnover. The entire circulation (235 copies) was at the disposal of the emperor and served as a memorable gift or award.
The largest denominations of Soviet coins
Already in 1923, a Chevrolets appeared – the Soviet analogue of the Nikolaev gold ten. Gold “sowers” were refused to be accepted on international markets, so most of the circulation went to the smelter. Analogues of the “Sower” of the 70s and 80s were not intended for circulation, but were released based on the rich guests of the Moscow Olympics. In the same years, the coin program of the “Olympics-80” included in its composition silver copies of a ten-ruble denomination and gold hundred-ruble notes. However, the largest denomination was accepted by platinum coins – 150 rubles.
The largest denominations of modern Russia
The hyperinflation of the 90s threw a penny out of circulation, and the ruble made me lose a lot of weight. In 1992, bimetallic coins appeared in denominations of fifty and one hundred rubles. After a year, it becomes economically unprofitable to use bimetal for coins. With the exception of the “Red Book”, another era of monetary “monometallism” is coming. The largest everyday denomination of 1993 remains 100 rubles, but they are minted on copper-nickel blanks. Large circulations did not take place due to the coming denomination. The 1995 “50 Years of Victory” and 1996 “300 Years of the Russian Fleet” sets were completed with 100-ruble denomination coins.
Collectible coins made of precious metals are another matter. Three kilograms of gold are enclosed in a commemorative coin in honor of the 190th anniversary of the Gopnik Federal State Enterprise. The issue of fifty copies was announced by the Bank of Russia on August 11, 2008. The face value of the coin is twenty-five thousand rubles. However, the record did not last long. Already on February 1, 2010, for its own 150th anniversary, it minted a five-kilogram gold coin with the same mintage. But now the upper limit of the face value of the Russian coin is fifty thousand rubles.
Coins of the largest denominations
Inflation added a lot of zeros on the coins of the world of countries close to Russia. Before the introduction of the hryvnia, Ukrainian money, nicknamed “coupons”, was denominated in Karbovanets. Everyday coins of this currency are unknown, since since 1992, hryvnias and kopecks have already been minted for the future. But commemorative coins were issued for collectors. Copper-nickel had hundreds of thousands, but silver coins were denominated in a million and two million.
Another neighbor of Russia – Turkey – in 2002 managed to issue an everyday copper-nickel coin worth a million lire. This million in metal is not uncommon. At foreign flea markets it can be purchased for ten euros. Much more expensive will cost you four million Turkish liras in the form of a 1999 commemorative silver coin. On the Turkish bimetal, a million also managed to be noted – these are copies of the issue “535 years of the Istanbul money yard”. But the largest denomination (15,000,000 Turkish liras) was the 2003 silver coin “80 Years of the Turkish Republic” of the original oval shape.
The largest denomination on the coins of the world
And yet what is it, the largest denomination ever minted on a coin? It was minted in 1923 by Westphalia. “And a billion is how much?” – the caustic reader will ask, who has not found an unequivocal answer even in Wikipedia. For Germany of that time, a billion was called a trillion more familiar to us. It is worth noting that this Westphalian billion is not a full-fledged coin. The conditional “Golden Mark” of that time was just equal to a billion ordinary ones. Today, the cost of this billion is very far from the face value, but when buying, you will have to part with a large amount (depending on the material of the noted, from eight hundred to one and a half thousand euros).