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10 Roubles State Loan Bond, 1952 USSR
| Issuer | Ministry of Finance of the USSR (Министерство финансов СССР) |
|---|---|
| Year | 1952 |
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| Value | 10 Roubles |
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|---|---|
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| Reverse description | The reverse is entirely typeset in a formal letterpress style, bearing the full conditions of issue in numbered paragraphs beneath the loan title. A series and bond number field is present, along with the imprint of the Ministry of Finance of the USSR and the Goznak printing house with the year 1952. |
| Reverse lettering | УСЛОВИЯ ВЫПУСКА ГОСУДАРСТВЕННОГО ЗАЙМА РАЗВИТИЯ НАРОДНОГО ХОЗЯЙСТВА СССР (выпуск 1952 года) 1. Государственный заем развития народного хозяйства СССР (выпуск 1952 года) выпущен на 20 лет — с 1 октября 1952 года по 1 октября 1972 года. 2. Заем предназначен для размещения только среди населения. 3. Заем делится на разряды по 100 миллионов рублей в каждом разряде. Каждый разряд состоит из 20 000 серий. Серии каждого разряда имеют номера с № 120001 по № 140000. Облигации в каждой серии имеют номера с № 01 по № 50. 4. Облигации займа выпущены достоинством в 500, 200, 100, 50, 25 и 10 рублей. 5. Облигации участвуют в тиражах выигрышей. 6. В течение двадцатилетнего срока займа проводится 40 тиражей выигрышей. Министерство финансов СССР Гознак. 1952 |
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| Comments |
Soviet state loan bonds of this type were not voluntary purchases. From 1927 onward, workers were pressured — through workplace quotas and social coercion — to subscribe to successive bond issues, with deductions taken directly from wages. By 1952, the scheme had run through dozens of series, and the cumulative debt to ordinary citizens was enormous. Stalin's government responded in 1957 by unilaterally deferring all repayments by twenty years, effectively freezing obligations that many bondholders never lived to collect on.
Goznak printed the entire run in Moscow using the same security intaglio infrastructure it applied to currency.