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Chersonesus is one of the most famous historical and architectural monuments that can be found at the outskirts of Sevastopol in the Crimea. It was an ancient Greek colony on the coast of the Black Sea founded approximately 2 500 years ago by settlers from Heraclea. Unfortunately, lack of historical sources makes it difficult to investigate the early period of the city’s existence. Though, results of archeological excavations prove that at first it was a democracy with well-organized social structure governed by an elected council called Demiurgi. A text of oath sworn by all the residents of Chersonesus from the 3rd century BC has survived to the present day. Agriculture, construction, pottery-making, painting, bone-carving and other crafts flourished there and coins were minted. Due to its location between two bays Chersonesus was an important trade centre and various goods were transported via that seaport. Defended by high and thick walls with towers, the city was surrounded by a large territory of farmland, the chora, In the late 2nd century BC Chersonesus became a dependency of the Bosporan Kingdom. From the middle of the 1st century AD it was subject to Rome and later, from the 4th came under Byzantine. That is why the architecture of the city mix influences of Greek, Roman and Byzantine culture. In the Middle Ages it was called Cherson or Korsun. In 988 Prince Volodymyr captured the city and accepted Christianity there. Chersonesus existed for more than 2 thousand years. Now tourists can stroll along its picturesque ancient ruins – streets and squares see the white marble columns, mosaic panels, the Basilica, the Bell of Chersonesus and visit St. Volodymyr’s Cathedral. On the reverse of the coin the ruins of that ancient city are pictured as well as the Basilica and St. Volodymyr’s Cathedral. The author of design is Volodymyr Demianenko.