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1000 Gold Roubles Payment obligation
| Issuer | Central Treasury of the People's Commissariat of Finance of the USSR |
|---|---|
| Year | 1926-1928 |
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| Shape | Rectangular |
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| Obverse description | An intaglio vignette at the left depicts a male worker figure in three-quarter view. The upper portion carries the bold Cyrillic heading 'ПЛАТЕЖНОЕ ОБЯЗАТЕЛЬСТВО' (Payment Obligation) with the issuer inscription of the Central Treasury of the People's Commissariat of Finance of the USSR below. The Soviet state arms appear at the upper right, with the serial number printed in Cyrillic-prefixed format at both left and right margins, and the main text body setting out the obligation terms, interest rate, and redemption dates in a formal documentary script. |
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| Obverse lettering | Декабрь 1928 г. Заказ № 1167 РУБЛИ ЗОЛОТОМ ПЛАТЕЖНОЕ ОБЯЗАТЕЛЬСТВО ЦЕНТРАЛЬНОЙ КАССЫ НАРОДНОГО КОМИССАРИАТА ФИНАНСОВ С.С.С.Р. Срок выпуска 1-е ДЕКАБРЯ 1928 г. Срок уплаты 1-е ИЮНЯ 1929 г. ОДНУ ТЫСЯЧУ РУБЛЕЙ ЗОЛОТОМ с начислением процентов из расчёта 6% годовых с 1-го декабря 1928 года. Народный Комиссар Финансов СССР Начальник Государственного Управления Начальник Валютного Управления Управляющий Центральной Кассой |
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| Comments |
The "gold rouble" obligations issued in the mid-1920s were part of the Soviet government's attempt to stabilize domestic finances following the catastrophic hyperinflation of the early 1920s, when the old sovznak currency had essentially collapsed. These were not banknotes in the conventional sense but formally denominated payment obligations — instruments designed to reassure holders that value was indexed to gold, even if convertibility remained theoretical at best.
The 1926–1928 dating spans the period just before the first Five-Year Plan swept away what remained of the NEP-era financial pragmatism. Few of these obligations circulated freely; at the 1000-rouble denomination, they functioned more as state debt instruments than pocket currency, and survival rates reflect that — handled by institutions rather than individuals, they tend to appear in better condition than lower denominations of the period, but with fold patterns consistent with archival storage rather than till use.