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In late 1991, a new coinage was introduced. The series depicts an image of the Kremlin on the obverse rather than the Soviet state emblem. However, this coin series was extremely short-lived as the Soviet Union ceased to exist only months after its release.
This last Soviet edition has a nickname "GKChP coins". GKChP was the abbreviation for State Committee on the State of Emergency. It was a group of eight high-level Soviet officials within the Soviet government, the Communist Party, and the KGB, who attempted a coup d'état against Mikhail Gorbachev on 19 August 1991. The coup ultimately failed, with the provisional government collapsing by 22 August 1991. GKChP had nothing to do with this coins issue.
Obverse
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Kremlin Senate and Spasskaya tower of the Moscow Kremlin in the centre. Around it the semicircular inscription: State Bank of the USSR. ГОСУДАРСТВЕННЫЙ БАНК |
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Reverse
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Value, flanked by a spike of wheat left and twig of oak right, above the mintmark (Л, Leningrad Mint) and date. 50 |
Edge |
50 Kopecks
Gosbank Issue, GKChP
Y# 292 Schön# 249
Characteristics
Material | Cupronickel |
Weight | 2.2 g |
Diameter | 18 mm |
Thickness | 1.25 mm |
Shape | round |
Alignment | Medal |
Mint |
Leningrad Mint (LMD)
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