Logo Title
obverse
reverse
Central Bank of Russia

10000 Rubles – Russian Federation

Non-circulating coins
Commemoration: Research Expeditions of G.I. Nevelskoy to the Far East of 1848-1849 and 1850-1855
Russia
Context
Year: 2013
Country: Russia Country flag
Period:
(since 1991)
Currency:
(since 1998)
Total mintage: 100
Material
Diameter: 100 mm
Weight: 1003.4 g
Gold weight: 1002.40 g
Thickness: 8.5 mm
Shape: Round
Composition: 99.9% Gold
Standard: Silver kilo
Magnetic: No
Technique: Milled
Alignment: Medal alignment
Obverse
OBVERSE ↑
flip
Reverse
REVERSE ↑
References
Numista: #95365
Value
Exchange value: 10000 RUB
Bullion value: $167468.41
Inflation-adjusted value: 27898.80 RUB

Obverse

Description:
Center: Bank of Russia emblem (two-headed eagle, wings down, with "БАНК РОССИИ") within a dotted circle. Above: "ДЕСЯТЬ ТЫСЯЧ РУБЛЕЙ". Below left: metal, fineness, mint mark; center: year "2013 г."; right: fine metal content and serial number №___.
Inscription:
ДЕСЯТЬ ТЫСЯЧ РУБЛЕЙ

БАНК РОССИИ

• Au 999 ММД • 2013 г. • 1 кг № ___•
Translation:
TEN THOUSAND RUBLES

BANK OF RUSSIA

• Au 999 MMD • 2013 • 1 kg No. ___•
Scripts: Cyrillic, Latin
Language: Russian
Designer and engraver: Alexander Vasilyevich Baklanov

Reverse

Description:
The lower disc shows the ceremony of raising the Russian Saint Andrew flag at the Amur River mouth. To the left is the Nevelskoy monument in Vladivostok, with a shoreline, a sailing vessel, and a map of eastern Eurasia with Sakhalin and the Kuril Islands in the background. Around the rim: "ЭКСПЕДИЦИИ Г.И. НЕВЕЛЬСКОГО 1848-1855".
Inscription:
ЭКСПЕДИЦИИ Г.И. НЕВЕЛЬСКОГО 1848-1855
Translation:
Expedition of G.I. Nevelskoy 1848-1855
Script: Cyrillic
Language: Russian

Edge

360 corrugations

Mintings

YearMint MarkMintageQualityCollection
2013ММД100Proof

Historical background

In 2013, the Russian ruble exhibited relative stability, marking a period of calm before the significant volatility that would characterize the following years. The currency traded in a managed float within a dual-currency basket band (55% USD, 45% EUR) set by the Central Bank of Russia (CBR). This stability was underpinned by high global oil prices, which averaged over $100 per barrel for much of the year, ensuring strong foreign currency inflows from hydrocarbon exports. Consequently, Russia maintained substantial foreign exchange reserves, exceeding $500 billion, which provided a robust buffer against external shocks and allowed the CBR to intervene smoothly to curb excessive fluctuations.

However, underlying structural vulnerabilities and external pressures were mounting beneath this stable surface. The Russian economy was experiencing a pronounced slowdown, with GDP growth decelerating to just 1.3% for the year, its weakest pace since the 2009 global financial crisis. This stagnation was driven by a lack of investment, poor productivity growth, and a deteriorating business climate, highlighting the economy's deep dependence on commodity revenues. Furthermore, geopolitical tensions were beginning to simmer, with debates over Ukraine's potential association agreement with the European Union creating unease in financial markets, though the full-scale crisis was still ahead.

By the end of 2013, the ruble's stability was increasingly perceived as fragile and contingent on sustained high energy prices. The CBR was in a transitional phase, gradually widening the ruble's trading band as part of a long-stated policy move towards a free float, aiming to insulate its reserves and shift to inflation targeting. This period, therefore, represented the final chapter of relative calm, with the economy's fundamental weaknesses and looming geopolitical events setting the stage for the currency turbulence that would erupt in 2014 following the annexation of Crimea and the concurrent collapse in oil prices.
Legendary