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10 000 Roubles
| Issuer | Narodnyi Komissariat Finansov (People's Commissariat of Finance), RSFSR |
|---|---|
| Year | 1923 |
| Type | Non-circulating banknote |
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| Obverse description | Red-brown letterpress note with an ornate guilloche border framing the central vignette, which carries a six-pointed star at upper centre flanked by the denomination numeral 10,000 in arabesque cartouches at left and right. The Cyrillic legend ГОСУДАРСТВЕННЫЙ ДЕНЕЖНЫЙ ЗНАК arches across the upper field, with the value ДЕСЯТЬ ТЫСЯЧ РУБЛЕЙ stated in text at centre and the serial number prefix АА repeated at lower left and right. A large diagonal ФАЛЬШИВЫЙ ("COUNTERFEIT") overprint in violet ink is applied across the entire face, identifying this as a cancelled or specimen-type example; two manuscript signatures of Narkomfin officials appear in the lower centre. |
|---|---|
| Obverse lettering | ГОСУДАРСТВЕННЫЙ ДЕНЕЖНЫЙ ЗНАК 10000 РУБЛЕЙ ДЕСЯТЬ ТЫСЯЧ РУБЛЕЙ Народный Комиссариат Финансов ФАЛЬШИВЫЙ |
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| Comments |
The 1923 RSFSR high-denomination notes were issued under extraordinary monetary pressure. By that point, Soviet Russia had been through years of war communism, the catastrophic hyperinflation of 1921–22, and was mid-transition into the NEP stabilization program. The 10,000 Rouble denomination — enormous on its face — was already being eroded by continued inflation before it even reached circulation. The entire 1923 sovznak series would be rendered effectively worthless within months, superseded by the chervonets-backed currency reform later that year.
Pick 171A specifically denotes a watermark variety, distinguishing it from the plain-paper 171B. That distinction matters more than it might appear — paper supply inconsistencies in early Soviet printing were common, and the two varieties were not issued at different times but reflect procurement differences at the Goznak printing works.