Alexander III Memorial Ruble

Russian Empire · 1912

A commemorative silver ruble featuring the portrait of Tsar Alexander III and the memorial monument dedicated to him in Moscow.

Country: Russian Empire
Year: 1912
Denomination: 1 Ruble
Metal: Silver (.900 fineness)

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Identified May 5, 2026More russian empire coins →

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Overview

A commemorative silver ruble featuring the portrait of Tsar Alexander III and the memorial monument dedicated to him in Moscow.

Historical significance

Issued under Tsar Nicholas II to commemorate the dedication of the monument to his father, Alexander III, near the Cathedral of Christ the Saviour in Moscow. The monument was later destroyed by the Bolsheviks in 1918.

Obverse (front)

Left-facing portrait of Tsar Alexander III. Cyrillic legend translated as: 'Alexander III Emperor and Autocrat of All Russias', with dates of birth (Feb 26, 1845) and death (Oct 20, 1894).

Reverse (back)

An image of the Alexander III monument in Moscow. Cyrillic text translated as: 'Erected by the love of the people in Moscow' and 'Dedicated by Emperor Nicholas II in 1912'. Denomination 'РУБЛЬ' (Ruble) at the bottom.

Estimated value

$500 - $1,500 in circulated condition, $3,000 - $7,000+ in Mint State (extreme caution required as fakes are very common)

What drives this coin's value

Condition, authenticity, and surface luster. Because of its rarity, professional grading (NGC/PCGS) is essential for value.

Grade assessment

Appears Extremely Fine (XF) to About Uncirculated (AU) details, though the surface texture and 'mushy' details suggest this specific item is likely a modern high-quality counterfeit.

Mintage & rarity

5,000 specimens minted; considered very rare and highly sought after.

Authenticity & counterfeit red flags

Weight should be exactly 20.0g. Common fakes are magnetic or have casting bubbles. Look for sharp, crisp details in the beard and the monument's base; mushy details are a red flag for replicas.