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3 Chervontsa
| Issuer | State Bank of the USSR (Gosbank) |
|---|---|
| Year | 1922 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Log in to see details |
| Composition | Log in to see details |
| Size | 277 × 111 mm |
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| Designer(s) | Log in to see details |
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| In circulation to | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | The reverse is essentially unprinted, displaying only a faint overall guilloche underprint pattern in pale ochre across the entire surface, divided into quadrants by fold lines. No text, vignette, or additional design elements are present, giving the back a near-plain appearance characteristic of early Soviet chervonets issues. |
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| Protection type | Log in to see details |
| Protection description | Watermark incorporated into the paper, visible on the reverse. |
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| Comments |
The chervonets was introduced in 1922 as the hard-currency anchor of the New Economic Policy — pegged to gold at 7.74 grams of pure gold per unit, matching the pre-revolutionary 10-ruble imperial coin. This 3-chervontsa denomination is unusual in the series; the 1 and 10 chervontsa notes did most of the practical work, and the 3-unit value was issued in comparatively smaller quantities, making survivors proportionally scarcer than the surrounding denominations suggest.
The early Gosbank chervontsy circulated alongside the collapsing sovznak ruble simultaneously — two currencies, two price systems — until the monetary reform of 1924 formally retired the sovznak and unified the system.