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250 Roubles

Issuer Russian Soviet Federative Socialist Republic (RSFSR)
Year 1921
Type Standard circulation banknote
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Protection description repeated '250' numerals interspersed with star motifs, visible in the paper when held to light.
Variants P#110a - watermark: "250"
P#110b - watermark: Stars
Comments

The 1921 RSFSR note issues emerged from a period of catastrophic monetary collapse — by 1921, the Soviet government had printed so much currency to finance the Civil War and War Communism that the rouble had lost the overwhelming majority of its pre-war value. This particular series belongs to the transitional phase just before the 1922–1924 monetary reform, which eventually introduced the chervonets and attempted to stabilize what remained of a functional currency system.

The watermark is one of the few concessions to anti-counterfeiting discipline still maintained during this chaotic production period, when printing capacity was badly strained and paper supply inconsistent.

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