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Thursday
8 January 2009

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Future of Russia’s 1-Kopek Coin in Question - NumisMaster

Russia’s lowly 1-kopek coin may become a thing of the past if economists have their way, but the Bank of Russia (Russia’s central bank) is still concerned the public could interpret removal of the coin the wrong way.

Russia is having the same problem as is the United States regarding production of its metal coins. Due to recent increases in the price of metals the 1-kopek coin now costs more to produce than is its face value.

Entire article: Future of Russia’s 1-Kopek Coin in Question - NumisMaster

Filed in: NumisMaster, Russian Coins

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