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Articles with tag "witte-reform"
The 15 Ruble Gold Coin of 1897: History and Value of Nicholas II's 'Imperial'
The 15 ruble gold coin of 1897 appeared during the reign of Emperor Nicholas II. Its issuance was a direct consequence of the monetary reform carried out by Sergei Yulyevich Witte in 1895–1897. The main goal of the reform was to introduce gold monometallism in Russia, modeled after Great Britain, to strengthen the financial system.
history-of-things
#numismatics#gold-coin#15-rubles-1897+6
The Gold Standard of the Russian Empire: From Witte's Reform to World War I
From January 3, 1897, the Russian Empire, following most countries in the world except Mexico and China, introduced the gold standard, placing the ruble on a gold basis. Although gold coins had circulated in Russia before, they traditionally served more as a means of saving rather than payment.
history-of-things
#gold-standard#witte-reform#russian-empire+6