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3 Chervontsa
| Issuer | State Bank of the USSR (Gosbank) |
|---|---|
| Year | 1924 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Rouble (1924-1958) |
| Composition | 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 largely unprinted, serving primarily as the watermark-bearing face of the note. Faint impressions of guilloche patterns and a central vignette design are visible through the paper, with numeral '3' watermark elements discernible at left and right within rosette formations. |
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| Signature(s) | Log in to see details |
| Protection type | Watermark |
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| Comments |
The chervonets (plural chervontsa) was introduced in 1922 as the hard-currency anchor of Lenin's New Economic Policy, nominally backed by gold and foreign exchange. This 3 chervontsa denomination is among the less common face values of the series — the single chervonets and the 10 saw far heavier circulation, while the 3 occupied an awkward middle position that limited its practical utility in everyday trade.
By 1924, Gosbank was issuing these alongside the new Soviet treasury notes (kazznaki), as the dual-currency transition was still incomplete. The chervonets series was withdrawn from circulation in 1937 and officially demonetized, ensuring that surviving specimens in any condition are largely philatelic rather than commercial survivors.