Russia - 1 chervonetz - 1976

The first chervonetz was issued in 1923 as an attempt by the new Communist regime to win international respect by issuing a strong gold coinage. The coin was issued to the standard of the old czarist ten rubles (KM Y64, issued 1898-1911) but was a failure. Many years later, in 1975, the Russian government tried again with this coin, which was struck 1975-82 in some numbers and sold and traded as a bullion coin. None are known to have circulated at their nominal face value of ten rubles.