(Chervontsy is the plural of chervonets)
Ducats of foreign coinage
In 1252, Florence, Italy issued a gold coin of 3.537 grams, which was soon called the florin. … See more

The first years of Soviet power were marked by the disorder of the money circulation system and the high rate of inflation. In the sphere of circulation there were tsarist credit tickets, Duma money, "kerenki", securities and "Sovznak", which did not enjoy the … See more

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• Hyperinflation in early Soviet Russia See more

The term comes from Polish czerwony złoty. Before the reign of Peter I, the name chervonets was applied to various foreign gold coins in circulation in Russia, mostly Dutch See more

New Economic Policy (NEP)
In 1922, during the civil war, the Soviet government tried to enforce Communist economic ideals and … See more

• Монеты России и СССР Archived 2021-03-05 at the Wayback Machine
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• 1 Chervonets 1937 See more