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1 Gold Rouble

Issuer Tannu Tuva (Russia)
Year 1928
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Currency Rouble (1921-1992)
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Obverse description Soviet State Treasury note (Государственный Казначейский Билет С.С.С.Р.) overprinted for circulation in Tannu Tuva, with a rectangular black overprint at the foot of the note reading 'KARA SANCIR T.A.R. ISTINGE CUYUR ERGELIQ' in Latin script. The Soviet state emblem with hammer and sickle appears at the top centre, with the serial number and series letter printed in red at upper left and lower left. Handwritten facsimile signatures of the Narkom Finansov and Kassir appear in manuscript across the face of the note.
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Reverse lettering Білет Державної Скарбниці С.Р.С.Р.
Дзяржаўны Казначэйскі Білет С.С.С.Р.
სახელმწიფო სალარო ბილეთი
ՊԵՏԱԿԱՆ ԳԱՆՁԱՊԵՏԱԿԱՆ ՏՈՄՍ
دولت خزينه بيلتى
1 РУБЛЬ
КАРБОВАНЕЦЬ
РУБ. ЗОЛАТАМ
ЗОЛОТОМ
ГОСУДАРСТВЕННЫЕ КАЗНАЧЕЙСКИЕ БИЛЕТЫ ОБЯЗАТЕЛЬНЫ К ПРИЕМУ НА ВСЕЙ ТЕРРИТОРИИ СОЮЗА СОВЕТСКИХ СОЦИАЛИСТИЧЕСКИХ РЕСПУБЛИК
1928
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Comments

Tannu Tuva's paper currency of 1928 occupies an odd place in monetary history. The People's Republic was nominally independent — recognized by the Soviet Union and Mongolia, ignored by virtually everyone else — and its early banknotes reflect that precarious status. The 1 Gold Rouble denomination tied Tuvan paper to a metallic standard the republic had no real capacity to back, a fiction that suited Soviet economic interests in the region far better than it served Tuvans.

The series is scarce. Tuva's population was small, nomadic in large part, and barter remained the practical medium of exchange for much of the rural interior. Formal currency simply didn't penetrate deeply.

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