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3 Chervontsa
| Issuer | State Bank of the USSR (Государственный Банк СССР) |
|---|---|
| Year | 1937 |
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| Composition | Log in to see details |
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| Printer | Goznak (Гознак, Экспедиция заготовления государственных бумаг), Russia (1818-date) |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Билет Государственного Банка Союза ССР ТРИ ЧЕРВОНЦА БАНКОВСКИЕ БИЛЕТЫ ОБЕСПЕЧИВАЮТСЯ ЗОЛОТОМ, ДРАГОЦЕННЫМИ МЕТАЛЛАМИ И ПРОЧИМИ АКТИВАМИ ГОСУДАРСТВЕННОГО БАНКА (Translation: Note of the State Bank of the USSR THREE CHERVONTSA BANK NOTES ARE BACKED WITH GOLD, PRECIOUS METALS AND OTHER ASSETS OF THE STATE BANK) |
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| Reverse lettering | ТРИ ЧЕРВIНЦI სამი ნაკვეთი VC CERVON UC CERVONS VC СЕРВОNЬS 3 1937 ТРЫ ЧЫРВОНЦЫ ՅԵՐԵՔ ՔԵՐՎՈՆԵՑ VC CERVONS SE CERVONS VC CERVON ТРИ ЧЕРВОНЦА (Translation: Three Chervonets) |
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| Comments |
The chervonets series of the 1930s occupied an awkward position in Soviet monetary policy — nominally gold-backed instruments inherited from the NEP-era reforms of 1922, but by 1937 functioning as ordinary circulating currency with no meaningful convertibility. The 3 chervontsa denomination is the least common of the series; the 1 and 5 chervontsa notes circulated far more heavily and consequently survive in greater numbers.
Goznak had been producing Soviet state paper since the early 1920s and by this period was printing under strict NKVD security protocols — note production figures were classified information.