KOGUJA Banknotes Catalog

500 Rubles 1919 — USSR ( Pick: 103a )

Region: Russia
Period: RSFSR
Series: Settlement Notes 1919 (1919–1919)
Front side
500 Rubles USSR 1919 — Front side
Back side
500 Rubles USSR 1919 — Back side

Banknote description

This 500 Rubles banknote from the USSR, issued in 1919, emerges from a tumultuous period in Russian history, marked by the aftermath of the October Revolution and the chaos of the Civil War. The note reflects the economic struggles faced by the nascent Soviet state as it grappled with hyperinflation and the need to stabilize its currency amidst significant political upheaval. The issuance of such high-denomination notes was a direct response to the economic challenges of the day, as the government sought to maintain monetary functionality during an era of widespread scarcity and social dislocation.

Visually, the banknote is striking with its rich design elements that embody the revolutionary spirit of the time. Bold colors and intricate patterns adorn the note, offering a glimpse into the era’s artistic influences. Decorative motifs reflect the Soviet commitment to showcasing its ideological beliefs, while inscriptions highlight the denomination prominently. The note's distinctive printing style, typical of the period, adds an additional layer of interest, appealing to both seasoned collectors and those captivated by historical artifacts.

For collectors, this note is particularly fascinating not only due to its high denomination but also because it serves as a tangible representation of a pivotal moment in Soviet history. The 1919 series of banknotes is sought after for its historical significance, as it encapsulates the transition from the old imperial norms to the new Soviet regime. Owning this banknote offers insight into both the monetary challenges of the early Soviet period and the artistic expressions that defined its currency, making it a prized addition to any collection focused on revolutionary-era artifacts.

Specifications

Signed by
Nikolai Nikolaevich Krestinskiy, People's Commissar of Finance; Sergei Ivanovich Galtsov, Cashier
Date of issue
1919
Printing office
W&S
Paper
paper
Colour
green on orange underprint
Dimensions
105 x 70 mm
Pick catalog
103a

About this banknote

The Russian Socialist Federative Soviet Republic (RSFSR) issued the 500 Rubles banknote in 1919, during a period of significant economic and political change following the Russian Revolution. This series, known as the Settlement Notes 1919, was introduced to facilitate economic transactions during the early Soviet era.

The front of the banknote features the denomination and is signed by Nikolai Nikolaevich Krestinskiy, People's Commissar of Finance, and Sergei Ivanovich Galtsov, Cashier. The reverse side displays a large "500" in a decorative design surrounded by multilingual inscriptions of "Workers of the World, Unite!" The printing was done by W&S, and the note is colored green on an orange underprint.

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