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| 正面描述 | Landscape-format obligation note with a large guilloche numeral "10 000" printed vertically along the left margin. The upper portion carries the series designation "Серия АА" at left and the denomination "Руб. 10,000" at right, with the full title of the Russian Socialist Federative Soviet Republic in bold Cyrillic text across the centre. Below, a text block in smaller Cyrillic script sets out the terms of redemption, followed by the serial number, three manuscript signatures — those of the People's Commissar of Finance, the head of the monetary and settlement signs department, and the Chief Accountant — and the year "1922 г." at lower right. A further two-paragraph note in small type at the foot details the exchange conditions and the final redemption deadline of 1 January 1924. |
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| 背面描述 | The reverse is plain unprinted paper, showing only the texture of the stock and faint fold lines from circulation, with no vignette, text, or ornamental device. Faint manuscript notations and a partial ink impression from the obverse are visible due to the thinness of the paper. |
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The short-term certificates (kratkosrochnye obyazatelstva) of 1922 occupied an awkward position in Soviet monetary theory — technically interest-bearing state obligations rather than currency, yet pressed into circulation as a substitute for banknotes during the catastrophic inflation that was consuming the sovznak series. The RSFSR was printing money faster than it could be spent, and these instruments were one of several improvised tools deployed before the chervonets reform stabilized things in late 1922.
Pick 124 is one of the higher denominations in this certificate series, which itself reflects how rapidly nominal values had become meaningless. By mid-1922, a single tram fare in Moscow required thousands of roubles.