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1000 Roubles

Issuer State Treasury of Russia
Year 1917
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Value 1000 Roubles (1000 Рублей)
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Obverse description A short-term 5% State Treasury obligation, with the Russian Imperial double-headed eagle arms vignette at left alongside the large numeral "1000" in an ornate cartouche. The central text in Cyrillic script states the obligation to pay one thousand roubles, with handwritten signatures of the Director of the State Treasury, Chief Accountant, and Bookkeeper below. The date "1 Мая 1917 г." (1 May 1917) appears at upper left, with the denomination "Руб. 1000." at upper right.
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Reverse description Plain pale salmon-pink paper with a fine repetitive guilloche underprint pattern covering the entire surface, with no additional text or vignettes. A faint rectangular impression from the obverse is visible near the upper left, consistent with the note's construction as a simple treasury obligation.
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Comments

The February Revolution of 1917 left Russia with a functioning treasury but a collapsing economy. The Provisional Government inherited the tsarist note-printing apparatus in Petrograd and continued issuing high denominations to cover spiraling military expenditures — this 1000-rouble note being among the largest produced under that transitional authority before the Bolshevik seizure in October.

The "H" suffix in Pick 31H denotes a specific watermark or paper variant within a series that ran through multiple production batches, reflecting the sheer volume printed during the inflationary months of 1917. Overproduction was dramatic: the Provisional Government's money supply expansion accelerated to the point where the rouble had lost the majority of its prewar purchasing power before the year was out.

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