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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 a silver Gryvna.
Since the second quarter of 2009 the coin with 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
In the center the emblem of the Bank of Russia (the two-headed eagle with wings down), under it the semicircular inscription BANK OF RUSSIA, to the right under the eagle’s paw the mint trade mark (MMD or SPMD); on the top along the rim the denomination ONE RUBLE; on the bottom of the coin two horizontal lines divided by a dot and the year of mintage under it.
In the center, 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.