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Saint George The Victorious (coin)
The Russian George the Victorious (russian: монета Георгий Победоносец) is a bullion coin issued in gold and silver by the Central Bank of Russia. Mintage began in 2006 with quarter-troy ounce (7.78g) gold coins with a face value of 50 rubles and later in 2009 a one-troy ounce silver coin was introduced with a face value of 3 rubles. Since then, tenth, half, and one-troy ounce gold coins have been minted. Background Saint George was a Roman soldier and a member of the Praetorian Guard for Roman emperor Diocletian who died in 303 AD. He was sentenced to death for refusing to recant his Christian faith. He was a Great Martyr for the Eastern Orthodox Church and a highly revered saint in both the Western and Eastern Christian churches. He is the patron saint for Moscow, England, Georgia, and Ethiopia. The legend of Saint George and the Dragon tells the story of Saint George slaying a dragon and saving a princess that was going to be sacrificed to the dr ...
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Russia
Russia (, , ), or the Russian Federation, is a List of transcontinental countries, transcontinental country spanning Eastern Europe and North Asia, Northern Asia. It is the List of countries and dependencies by area, largest country in the world, with its internationally recognised territory covering , and encompassing one-eighth of Earth's inhabitable landmass. Russia extends across Time in Russia, eleven time zones and shares Borders of Russia, land boundaries with fourteen countries, more than List of countries and territories by land borders, any other country but China. It is the List of countries and dependencies by population, world's ninth-most populous country and List of European countries by population, Europe's most populous country, with a population of 146 million people. The country's capital and List of cities and towns in Russia by population, largest city is Moscow, the List of European cities by population within city limits, largest city entirely within E ...
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Eastern Orthodox Church
The Eastern Orthodox Church, also called the Orthodox Church, is the second-largest Christian church, with approximately 220 million baptized members. It operates as a communion of autocephalous churches, each governed by its bishops via local synods. The church has no central doctrinal or governmental authority analogous to the head of the Roman Catholic Church—the Pope—but the Ecumenical Patriarch of Constantinople is recognized by them as '' primus inter pares'' ("first among equals"), which may be explained as a representative of the church. As one of the oldest surviving religious institutions in the world, the Eastern Orthodox Church has played a prominent role in the history and culture of Eastern and Southeastern Europe. The Eastern Orthodox Church officially calls itself the Orthodox Catholic Church. Eastern Orthodox theology is based on holy tradition, which incorporates the dogmatic decrees of the seven ecumenical councils, the Scriptures, and the teachin ...
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Inflation Hedge
An inflation hedge is an investment intended to protect the investor against (hedge) a decrease in the purchasing power of money (inflation). There is no investment known to be a successful hedge in all inflationary environments, just as there is no asset class guaranteed to increase in value in non-inflationary times. Inflation can impact investment decisions by making it difficult to predict future prices. This makes it risky to invest in certain assets, such as commodities, that may be impacted by inflation. Inflation can erode the value of investments over time. This is why it is important for investors to consider inflation when making investment decisions. ''Barron's Finance & Investment Handbook'' states: "Traditionally, gold and real estate have a reputation as good inflation hedges, though growth in stocks also can offset inflation in the long run. Money market funds, which pay higher yields as interest rates rise during inflation times, can also be a good inflation hedg ...
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Gold As An Investment
Of all the precious metals, gold is the most popular as an investment. Investors generally buy gold as a way of diversifying risk, especially through the use of futures contracts and derivatives. The gold market is subject to speculation and volatility as are other markets. Compared to other precious metals used for investment, gold has been the most effective safe haven across a number of countries. Gold price Gold has been used throughout history as money and has been a relative standard for currency equivalents specific to economic regions or countries, until recent times. Many European countries implemented gold standards in the latter part of the 19th century until these were temporarily suspended in the financial crises involving World War I. After World War II, the Bretton Woods system pegged the United States dollar to gold at a rate of US$35 per troy ounce. The system existed until the 1971 Nixon Shock, when the US unilaterally suspended the direct convertibil ...
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Bullion Coins
Bullion is non-ferrous metal that has been refined to a high standard of elemental purity. The term is ordinarily applied to bulk metal used in the production of coins and especially to precious metals such as gold and silver. It comes from the Anglo-Norman term for a melting-house where metal was refined, and earlier from French , "boiling". Although precious metal bullion is no longer used to make coins for general circulation, it continues to be held as an investment with a reputation for stability in periods of economic uncertainty. To assess the purity of gold bullion, the centuries-old technique of fire assay is still employed, together with modern spectroscopic instrumentation, to accurately determine its quality. As investment The specifications of bullion are often regulated by market bodies or legislation. In the European Union, the minimum purity for gold to be referred to as "bullion", which is treated as investment gold with regard to taxation, is 99.5% for gol ...
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Bullion
Bullion is non-ferrous metal that has been refined to a high standard of elemental purity. The term is ordinarily applied to bulk metal used in the production of coins and especially to precious metals such as gold and silver. It comes from the Anglo-Norman term for a melting-house where metal was refined, and earlier from French , "boiling". Although precious metal bullion is no longer used to make coins for general circulation, it continues to be held as an investment with a reputation for stability in periods of economic uncertainty. To assess the purity of gold bullion, the centuries-old technique of fire assay is still employed, together with modern spectroscopic instrumentation, to accurately determine its quality. As investment The specifications of bullion are often regulated by market bodies or legislation. In the European Union, the minimum purity for gold to be referred to as "bullion", which is treated as investment gold with regard to taxation, is 99.5% for gol ...
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Double-headed Eagle
In heraldry and vexillology, the double-headed eagle (or double-eagle) is a charge (heraldry), charge associated with the concept of Empire. Most modern uses of the symbol are directly or indirectly associated with its use by the late Byzantine Empire, originally a dynastic emblem of the Palaiologos dynasty, Palaiologoi. It was adopted during the Late Medieval to Early Modern period in the Holy Roman Empire on the one hand, and in Eastern Orthodox Church, Orthodox principalities (Kingdom of Serbia (medieval), Serbia and Tsardom of Russia, Russia) on the other, representing an heraldic augmentation, augmentation of the (single-headed) eagle (heraldry), eagle or ''Aquila (Roman), Aquila'' associated with the Roman Empire. In a few places, among them the Holy Roman Empire and Russia, the motif was further augmented to create the less prominent triple-headed eagle. The motif has predecessors in Bronze Age art, found in Illyria, Mycenaean Greece, and in the Ancient Near East, espec ...
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Silver
Silver is a chemical element with the Symbol (chemistry), symbol Ag (from the Latin ', derived from the Proto-Indo-European wikt:Reconstruction:Proto-Indo-European/h₂erǵ-, ''h₂erǵ'': "shiny" or "white") and atomic number 47. A soft, white, lustrous transition metal, it exhibits the highest electrical conductivity, thermal conductivity, and reflectivity of any metal. The metal is found in the Earth's crust in the pure, free elemental form ("native silver"), as an alloy with gold and other metals, and in minerals such as argentite and chlorargyrite. Most silver is produced as a byproduct of copper, gold, lead, and zinc Refining (metallurgy), refining. Silver has long been valued as a precious metal. Silver metal is used in many bullion coins, sometimes bimetallism, alongside gold: while it is more abundant than gold, it is much less abundant as a native metal. Its purity is typically measured on a per-mille basis; a 94%-pure alloy is described as "0.940 fine". As one of th ...
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Mint Mark
A mint mark is a letter, symbol or an inscription on a coin indicating the mint where the coin was produced. It should not be confused with a mintmaster mark which is the mark of the mintmaster. History Mint marks were first developed to locate a problem. If a coin was underweight, or overweight, the mint mark would immediately tell where the coin was minted, and the problem could be located and fixed. Another problem which could occur would be a dishonest mint official debasing the coin, or putting less precious metal in the coin than specified. The first mint marks, called "Magistrate Marks" were developed by the Greeks, and named the Magistrate in charge of producing that coin. Debasing a coin, or otherwise tampering with it, was a very serious crime, often punishable by death in many civilizations. For example, in 1649, the directors of the Spanish colonial American Mint at Potosi, in what is today Bolivia, were condemned to death for seriously debasing the coinage. The init ...
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Russian Republic
The Russian Republic,. referred to as the Russian Democratic Federal Republic. in the Decree on the system of government of Russia (1918), 1918 Constitution, was a short-lived state (polity), state which controlled, ''de jure'', the territory of the former Russian Empire after its proclamation by the Russian Provisional Government on 1 September (14 September, ) 1917 in a decree signed by Alexander Kerensky as Minister-Chairman and Alexander Zarudny as Minister of Justice.The Russian Republic Proclaimed
at prlib.ru, accessed 12 June 2017
The Directorate (Russia), Government of the Russian Republic was dissolved after October Revolution, the Bolsheviks seized power by force on 7 November 1917. Nonetheless, a Russian Consituent Assembly election, partially democratic election of the Russian Constitu ...
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Double-headed Eagle
In heraldry and vexillology, the double-headed eagle (or double-eagle) is a charge (heraldry), charge associated with the concept of Empire. Most modern uses of the symbol are directly or indirectly associated with its use by the late Byzantine Empire, originally a dynastic emblem of the Palaiologos dynasty, Palaiologoi. It was adopted during the Late Medieval to Early Modern period in the Holy Roman Empire on the one hand, and in Eastern Orthodox Church, Orthodox principalities (Kingdom of Serbia (medieval), Serbia and Tsardom of Russia, Russia) on the other, representing an heraldic augmentation, augmentation of the (single-headed) eagle (heraldry), eagle or ''Aquila (Roman), Aquila'' associated with the Roman Empire. In a few places, among them the Holy Roman Empire and Russia, the motif was further augmented to create the less prominent triple-headed eagle. The motif has predecessors in Bronze Age art, found in Illyria, Mycenaean Greece, and in the Ancient Near East, espec ...
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Moscow Mint
Moscow Mint (russian: Московский монетный двор) is a mint (coin), mint in Russia engaged in manufacturing of coins, medals and decorations. It also takes orders for minting coins for foreign countries. For example, the Moscow Mint produced the coins for Abkhazia, the Abkhazian apsar and many of the coins of India. The mint fills individual orders for the manufacture of badges, medals and tokens. The history of coinage in Moscow dates back several centuries, but the date of the founding of the modern enterprise is considered to be 25 April 1942. The Moscow Mint is part of the federal unitary enterprise, Goznak. External links

* Buildings and structures in Moscow Finance in Russia Mints (currency) 1942 establishments in Russia {{Russia-stub ...
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