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2000 Coupons 1st quarter

Issuer Republic of Uzbekistan
Year 1993
Type Standard circulation banknote
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Obverse description The obverse is laid out as a coupon-card sheet divided into individual coupon denominations ranging from 5 to 500, printed in blue and red on a pale ground, with the large numeral '2000' forming a guilloché-style underprint across the upper and lower halves. A central rectangular panel in red bears the Cyrillic inscription 'ЎЗБЕКИСТОН РЕСПУБЛИКАСИ' above the bold numeral '2000' and the legend 'КУПОН-КАРТОЧКА'. The surrounding fields are filled with rows of individual coupon vignettes each inscribed 'КУПОНИ' with their respective face values.
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Reverse description The reverse is entirely unprinted, showing plain white paper with visible fold marks consistent with the card having been issued folded.
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Uzbekistan's coupon currency was a transitional instrument introduced after independence from the Soviet Union, bridging the gap before the permanent som could be established on a stable footing. The coupons were never intended as a durable currency — they were a stopgap, and the public knew it. Inflation during this period was severe enough that denominations escalated rapidly, making the 2000-coupon value unremarkable within months of issue.

The "1st quarter" designation reflects a quarterly issuance system used to control — or attempt to control — the volume of coupons in circulation. It didn't work especially well.

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