PI Global Investments
Silver

Bank of Russia issues commemorative coin featuring Akhmat Kadyrov


The Bank of Russia has issued a commemorative silver coin featuring Akhmat Kadyrov, Chechnya’s father and the father of the republic’s current leader, Ramzan Kadyrov. The coin has been released as part of the Outstanding Figures of Russia series, dedicated to prominent historical figures.

The Bank of Russia says the limited edition series is devoted to state, military, public, and cultural figures who have made a significant contribution to the country’s history. The series regularly includes coins depicting Russian politicians, scientists, writers, composers and representatives of other professions.

According to information published on the Bank of Russia’s website, the coin has a face value of ₽2 ($0.02), is struck from sterling silver (925 fineness), and has a mintage of 3,000 pieces. It contains 15.55 grams of fine silver and has a diameter of 33 millimetres.

It features Russia’s state coat of arms, while the other side bears a portrait of Akhmat Kadyrov. To the right of the portrait is the Gold Star medal, reflecting the posthumous award of the title Hero of Russia, along with his years of birth and death, 1951–2004. The inscription ‘Akhmat Kadyrov’ runs around the edge of the coin.

Akhmat Kadyrov served as the Mufti of the self-proclaimed Chechen Republic of Ichkeria during the First Chechen War. In 1999, following the outbreak of the Second Chechen War, he switched his allegiance to Russia, explaining his decision by citing disagreements with the leadership of Ichkeria and the growing influence of radical Islamism. He subsequently became the head of Chechnya’s pro-Moscow administration.

In March 2003, Chechnya held a referendum on a new constitution that confirmed the republic’s status as a constituent entity of the Russian Federation. Later that year, Akhmat Kadyrov won the presidential election with more than 80% of the vote, according to official results. International human rights organisations and a number of observers criticised both the referendum and the election, pointing to the ongoing armed conflict in the republic and restrictions on political competition.

On 9 May 2004, Akhmat Kadyrov was killed in a bomb attack at Grozny’s Dynamo Stadium during Victory Day celebrations. The explosive device had been planted beneath the VIP stand. Among those killed alongside Kadyrov were Chechnya’s State Council Chair Khussein Isaev, Reuters journalist Adlan Khasanov, and several others. Chechen armed groups later claimed responsibility for the attack.