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25 Kopecks Administration of Economic Enterprises
| Issuer | Administration of Economic Enterprises of VTsIK (ВУЦИК) |
|---|---|
| Year | 1923 |
| Type | Local banknote |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | УПРАВЛЕНИЕ ХОЗЯЙСТВЕН. ПРЕДПРИЯТИЯМИ ВУЦИК РАСЧЕТНАЯ БОНА № ДВАДЦАТЬ ПЯТЬ КОП. ЧЕРВОННЫХ по оффициальному курсу Действительна по 1-е октября 1924 года. Бона обязательна к приему в уплату за все услуги Управления Хозяйственными Предприятиями ВУЦИК при внутренних расчетах и обеспечивается всем имуществом и доходами Управления. Секретарь ВУЦИКа Главный Бухгалтер Серия № 01. |
| Reverse description | Plain unprinted paper ground with a large lilac-rose typographic denomination mark centred on the field, reading '25' in bold numerals flanked by the abbreviated gold unit designations at left and right. |
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| Comments |
VTsIK — the All-Ukrainian Central Executive Committee — operated a parallel economic administration that issued its own scrip during the chaotic transitional period before the 1924 Soviet currency reform unified the ruble system. These were not banknotes in any central bank sense; they were functional tokens of purchasing power within a controlled institutional sphere, issued to manage wage payments and internal transactions when hard currency was unavailable and sovznaki were collapsing in real value almost weekly.
The S-prefix in the Pick reference signals its classification as a local or semi-official issue. Surviving examples are genuinely uncommon — not because they were prestigious, but because nobody thought to keep them.