Are 5 Roubles Gold Coins Worth Collecting? 

Gold 5 roubles were Russian coins minted between 1755 and 1911. These gold coins offer more than just their gold content—they are windows into the history of a nation in transition.  

Historical Significance 

Gold 5 roubles were minted under various rulers of the Russian Empire spanning a rich historical arc from the reign of Empress Elizabeth to Tsar Nicholas II. They reflect periods of industrialization, imperial expansion, and social unrest. Monetary reforms, like the adoption of the gold standard in 1897 anchored these coins in a global economic framework. Issued during pivotal conflicts like the Napoleonic Wars, the Crimean War, and the Russo-Japanese War, these coins witnessed the Empire’s rise and its decline into revolution. 

Design and Specifications of Gold 5 Roubles Coins 

Design Details 

Russian gold 5 roubles feature intricate designs reflecting the grandeur of Imperial Russia: 

  • Obverse: Bears a profile of the reigning monarch with an inscription about the monarch. For instance, on Nicholas II’s coins, the inscription in Cyrillic reads “By the grace of God Nicholas II Emperor and Autocrat of All Russia.” 
  • Reverse: Displays the Imperial Russian coat of arms, a crowned double-headed eagle holding a scepter and orb. Below is the denomination “5 Roubles” and the year of issue. 
  • Edge: Patterned or smooth, with initials identifying mint authority. 

Changes in Weight, Gold Content, and Diameter 

The physical characteristics of the coins evolved over time: 

  • Weight: Varied slightly depending on the era. Nicholas II-era coins generally weigh 4.301 grams. 
  • Gold Content: Maintained 0.900 fineness with 0.1244-0.1867 troy ounces of gold per coin. 

Mint Locations and Production Details 

While the St. Petersburg Mint was the dominant producer of gold 5 roubles, multiple mint locations contributed at different times: 

  • St. Petersburg Mint (СПБ): The primary mint, especially under Nicholas I and Nicholas II. Coins from this facility bear the “СПБ” mint mark and are known for their consistent quality. 
  • Moscow Mint (ММ): Active in select periods, coins from this mint have slight design differences and the “ММ” mint mark. 
  • Other Regional Mints: During earlier reigns, including that of Empress Elizabeth, smaller regional mints were occasionally used. These coins can be identified by unique mint marks and stylistic differences. 

Initials on the coin edge represent mint officials and further influence rarity and collector interest. Common initials include: 

  • АГ (Apollon Grasgof) 
  • ФЗ (Felix Zelman) 
  • АР (Alexander Redko) 
  • ЭБ (Elikum Babayants) 

These initials help identify specific minting periods and the officials responsible for production, especially for coins minted between 1897 and 1911 at the St. Petersburg Mint, which commonly bears the mint mark “СПБ” (Cyrillic for SPB). 

Best Years to Collect 

Some standout years include: 

  • 1897 and 1898: High mintages make them accessible and ideal for new collectors. 
  • 1906 and 1911: Low mintages and high desirability. The 1906 issue is especially scarce, while 1911 coins are often considered among the most valuable. 
  • 1909 and 1910: Scarcer than early issues but still obtainable and well-struck. 

Collectors should consider year, condition, mint mark, and mint official initials when evaluating a coin’s desirability. 

Numismatic Value 

Value varies based on year, rarity, and condition. Coins from key years like 1906 and 1911 can command significant premiums, particularly in Mint State grades. A coin graded MS-63 may be worth double or triple the price of one in AU-50. Certification by one of the premier grading organizations like NGC or PCGS boosts trust and resale potential. 

These coins embody over 150 years of imperial history. With consistent gold content, elegant design, and strong collector demand, they are more than relics—they are resilient symbols of wealth and change. Whether for history, value, or investment, these coins offer a uniquely compelling case for collectors around the world. 

Quick Guides to Investing

Step 1:

Why Buy Physical Gold and Silver?

If you are concerned about the volatility of the stock market, you’re not alone. The extreme highs and lows of the stock market often lead investors towards safe-haven assets, like bullion. Historically, the Precious Metals market has an inverse relationship with the stock market, meaning that when stocks are up, bullion is down and vice versa.

Step 2:

How Much Gold and Silver Should You Have?

This question is one of the most important for investors to answer. After all, experts suggest limits on how much of any types of investments should go into a portfolio. After deciding to purchase and own Precious Metals and considering how much money to allocate, one can then think about how much and what to buy at any point in time.

Step 3:

Which Precious Metals Should I Buy?

With the frequent changes in the market and countless Precious Metal products available, choosing investments can be difficult. Some want Gold or Silver coins, rounds or bars while others want products that are valuable because of their design, mintage or other collectible qualities. Also, collectors may shop for unique sets and individual pieces for their collections.

Step 4:

When to Buy Gold & Silver

After considering why, how much, and what Precious Metals products to buy, an investor’s next step is when to buy them. This decision requires an understanding of market trends and the impact of economic factors on precious metal prices.

Explore More On APMEX

Silver

Platinum

Rare Coins