The Russian Ballerina Palladium coin is a unique numismatic investment that is both beautiful and historical. This coin is a favorite among numismatists and precious metal investors alike.
Palladium is a silvery-white member of the platinum group of precious metals and was first discovered in 1802. Today, it’s used in coins and bars for both investment and collector purposes.
The Obverse
The obverse of every palladium ballerina coin displays the image of a ballerina dancer en pointe. This left-profile portrait was adapted from the Mercury Dime, an image originally designed by Adolph A. Weinman.
The coin’s obverse also features the mottos LIBERTY, IN GOD WE TRUST and 2019, as well as the artist Weinman’s initials. The coin’s reverse features the hammer and sickle design of the Soviet Union on one side, and the words “CCCP,” an abbreviation of the word “Soviet Union” in Cyrillic on the other.
The Russian Palladium Ballerina was a highly popular palladium coin, released by the Moscow Mint from 1989 through 1995. Only three weight denominations were issued, with one troy oz and half troy oz coins being the most common.
The Reverse
A palladium ballerina coin is one of the most sought-after coins in the world, as it offers a unique cultural, historical and investment value. This is because the reverse of this coin features a beautiful ballerina, which is one of Russia’s most culturally recognized symbols.
These coins were minted in the Soviet Union and Russian Federation between 1989 and 1995. They were a symbol of national pride for the former Soviet Union and have been treasured by collectors ever since.
The back of the Russian palladium ballerina coin displays the signature hammer and sickle of the USSR (now defunct). Beneath this signature, the face value and year of mintage are also included.
The Weight
Palladium is a silvery white member of the platinum group of metals. It’s a rarer metal than gold or silver and is used in catalytic converters that control the emission levels of gasoline-powered vehicles.
It’s also a precious metal that offers unique trading opportunities. Because it’s scarce, its price tends to be more volatile than gold and silver prices.
These characteristics make it attractive to investors and collectors alike. Fortunately, there are a number of palladium bullion coins available to diversify your portfolio.
These include the Canadian Palladium Maple Leaf and the American Palladium Eagle. They’re both legal tender with backing from the government for face value, purity and weight – a feature that many investors appreciate. They’re also easy to transport, store and trade.
The Purity
Investing in palladium bullion is an attractive option for investors looking to diversify their portfolios. This metal is a member of the platinum group and tends to be more rare than gold or silver, making it a valuable investment.
Several governments have issued palladium coins. These are generally legal tender and carry a government guarantee for weight and purity.
This type of coin has a face value that was established by the Soviet Union and Russian government (denominated in rubles). However, the actual value is far greater than the minted face value.
These are a rare coin that can be a great addition to any collection. The front of the coin depicts a female ballerina dancing to Swan Lake, a ballet that is important in Russia’s culture. The back of the coin features a national emblem of the Soviet Union, with a hammer and sickle, as well as the denomination.
The Value
If you’re looking for a low-cost way to invest in precious metals, palladium is an excellent choice. This silver-colored precious metal is used in industrial manufacturing, catalytic converters for cars and jewelry.
This is also one of the rarest metals on earth, making it more valuable than gold or platinum. This rarity makes palladium an investment that could prove to be profitable over time.
Palladium is an excellent choice for investors who are looking to diversify their portfolios and protect them from fluctuations in stocks and bonds. The Internal Revenue Service allows specific IRAs to hold palladium bullion, which can be an effective hedge against market volatility.
