Wednesday, April 23, 2014

Putin coin to mark Crimea reunification with Russia

A coin bearing an image of Russian President Vladimir Putin are being minted by the Art Grani foundry in the Russian city of Chelyabinsk to commemorate Crimea's reunification with Russia. Each of the 1kg (2.2lb) .925 silver coin will have a certificate of authenticity. Only 500 coins will be minted and no price has been announced for the coins so far.

Putin coin

The coin obverse show a bas-relief of the president of Russia Vladimir Putin.

Crimea coin

The coin reverse show the contour of the Crimean peninsula with names of 28 local cities, the figures 2014, and an inscription in Russian "Republic of Crimea’s Reunification with the Russian Federation". On the upper part is the coat of arms of the Russian Federation.

The coins has been called "The Gatherer of Russian Lands-Crimea 2014" - a phrase traditionally associated with Ivan III - better known as Ivan the Great - who significantly expanded Russia's territories during his rule.

On March this year, Russia annexed Crimea after the Crimean parliament declared independence from Ukraine and asked to join the Russian Federation.

Source: ITAR-TASS