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| Issuer | Russian Soviet Federative Socialist Republic (RSFSR) |
|---|---|
| Year | 1919 |
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| Composition | Paper |
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| Obverse description | Red on purple and multicolour underprint, with an elaborate guilloche border enclosing ornate scrollwork cartouches at each corner bearing the denomination '10000' in red oval vignettes. The central panel carries the Cyrillic inscription 'РАСЧЕТНЫЙ ЗНАК' above 'РОССИЙСКОЙ СОЦИАЛИСТИЧЕСКОЙ ФЕДЕРАТИВНОЙ СОВЕТСКОЙ РЕСПУБЛИКИ', with the large denomination '10 000 РУБЛЕЙ' in bold red letterpress at centre. Two facsimile signatures appear below, attributed to the People's Commissar of Finance and the Cashier, with the serial number printed in black. |
|---|---|
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| Reverse lettering | ПРОЛЕТАРИИ ВСЕХ СТРАН СОЕДИНЯЙТЕСЬ WORKERS OF THE WORLD, UNITE! PROLETAIRES DE TOUS LES PAYS, UNISSEZ-VOUS! PROLETARI DI TUTTI PAESI, UNITEVI! PROLETARIER ALLER LÄNDER, VEREINIGT EUCH! ПОДДЕЛКА РАСЧЕТНЫХ ЗНАКОВ ПРЕСЛЕДУЕТСЯ ПО ЗАКОНУ 1919 |
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| Comments |
By 1919, the Sovznak printing program was producing notes at a pace that outstripped any meaningful economic relationship between denomination and purchasing power. This 10,000 Rouble note — an enormous figure by pre-revolutionary standards — was already losing real value faster than it could be distributed. The RSFSR issued these large denominations not as a deliberate inflationary policy per se, but as a practical response to the catastrophic monetary chaos of civil war, Allied intervention, and the near-total collapse of tax revenue.
Paper quality and impression consistency vary considerably across surviving examples, a direct consequence of wartime supply shortages at the state printing works.