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According to the most popular version, the word "ruble" is derived from the Russian verb "rubit", meaning "to chop", to cut, to hack, as ruble was considered as a cutout piece of silver Gryvna.
Since the second quarter of 2009, the coin with the denomination of 1 Ruble of 1997 (Y# 604) is made of nickel-plated steel (Y# 833a). The material of the coin has ferromagnetic characteristics. The design and dimensions of this coin correspond to 1 Ruble coin of 1997 with the variety of obverse of 2002. The coins which had been made previously of copper-nickel alloy (Y# 833) remain in circulation on the territory of the Russian Federation as a legal tender.
Engraver: A. Baklanov
Depicts the emblem of the Bank of Russia, the double-headed eagle without a crown, sceptre and globus cruciger. It is exactly the same eagle, that the artist Ivan Bilibin painted after the February Revolution as a coat of arms for the Russian Republic.
In the centre, a little to the left denomination of the coin: the figure 1 and word under it RUBLE written horizontal, below along the rim and on the right part of the disc the stylized vegetable ornament in form of a branch with two interwoven caulescents.