The Saint Petersburg Mint – Branch of Goznak possesses unique, almost tercentenary experience of minting subsidiary and commemorative coins under the orders of the Bank of Russia as well as central and national banks of other countries.
Initially the coin production in Saint Petersburg was not great at all. Only gold coins were struck there in limited numbers (they started minting all the gold and silver coins in Saint Petersburg in 1756 only).
However, by the end of the 18th century, the issue of coins for currency circulation reached 100 thousand roubles per year. Many of the coins struck at the mint in the Peter and Paul Fortress in the 18th and 19th centuries are now recognized numismatic masterpieces.
Stopped at the beginning of 1918, the coin production was resumed during the preparation to the first currency reform in the soviet Russia of 1922-1924.
During the years of the Great Patriotic war, the mint was evacuated to Krasnokamsk where the branch struck coins till the autumn of 1946. However, since 1944 the issue of subsidiary coins was resumed in Leningrad already.
Today, the craftsmen of the Saint Petersburg Mint apply the most cutting-edge technologies during the development and production of coins – minting of assembled coin-like products of two and three parts, with cover plates and inserts of nonferrous alloys and precious metals. The specialists of the mint have mastered technologies of minting coins with the weight of from 1.55 g to 5000 g (in purity) and the diameter of from 12 to 150 mm.
High minting quality and artistic merits of design of coins produced at the Saint Petersburg Mint – Branch of Goznak have won international recognition. They won authoritative Russian and international competitions many times.
The mint strikes investment coins of the Bank of Russia of gold and silver of the highest alloy in “proof” and “uncirculated” manufacturing quality.
The Saint Petersburg Mint of Goznak has a lot of experience of manufacturing coins emitted by other countries.