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1 050 000 Karbovantsiv Privatization certificate

Uitgever
Jaar 1995
Type Log in om details te zien
Waarde Log in om details te zien
Valuta Log in om details te zien
Samenstelling Log in om details te zien
Afmetingen 202 x 158 mm
Vorm Log in om details te zien
Drukker Log in om details te zien
Ontwerper(s) Log in om details te zien
Graveur(s) Log in om details te zien
In omloop tot Log in om details te zien
Referentie(s) Log in om details te zien
Beschrijving voorzijde Arms at upper left
Opschrift voorzijde Log in om details te zien
Beschrijving keerzijde Arms at upper right
Opschrift keerzijde Log in om details te zien
Handtekening(en) Log in om details te zien
Beveiligingstype Log in om details te zien
Beschrijving beveiliging Log in om details te zien
Varianten Log in om details te zien
Opmerkingen

Ukraine's 1995 privatization certificates were not currency in any conventional sense — they were one-time-use vouchers issued to citizens as part of the mass privatization program that transferred Soviet-era state enterprises into nominally private hands. Each adult Ukrainian received a single certificate, booklet-style in format, entitling them to invest in enterprises sold through privatization auctions. The program was broadly criticized: most citizens, lacking financial literacy or access to auction information, sold their certificates well below face value to speculators and investment funds.

Pick lists this under banknotes largely as a cataloguing convenience. The watermark is the sole conventional security feature — unsurprising for an instrument never intended to circulate.

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