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3 Gold Roubles Yakutia
| Issuer | People's Commissariat of Trade and Industry, Yakut ASSR |
|---|---|
| Year | 1924 |
| Type | Log in to see details |
| Value | 3 Gold Roubles |
| Currency | Log in to see details |
| Composition | Log in to see details |
| Size | Log in to see details |
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| Printer | Log in to see details |
| Designer(s) | Log in to see details |
| Engraver(s) | Log in to see details |
| In circulation to | Log in to see details |
| Reference(s) | Log in to see details |
| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | три рубля 1924 Серия А 3 РУБЛЯ БОН ЗОЛОТОМ Народного Комиссариата торговли и промышленности Нарком торгоали и пром. г. Якутск. Главный Бухгалтер ТРИ РУБЛЯ |
| Reverse description | A hammer and sickle device appears at upper centre within a simple decorative border. The main text identifies the note as a bond of the People's Commissariat of Trade and Industry, equal to three gold roubles ('РАВЕН 3 ТРЕМ РУБ. ЗОЛ. 3'), with the serial number and series designation printed at upper left. A clause stating the note is secured by goods from the НКТП revolving fund under the direct control of the SNK of the Yakut ASSR appears in the lower panel, followed by the anti-counterfeiting warning 'ПОДДЕЛКА ПРЕСЛЕДУЕТСЯ ЗАКОНОМ'. |
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| Comments |
One of the more unusual monetary experiments of early Soviet federalism. The Yakut ASSR was granted limited authority to issue its own currency in the early 1920s as part of Moscow's effort to pacify and integrate remote autonomous regions — printing local scrip was, in effect, a political tool as much as an economic one. The People's Commissariat of Trade and Industry in Yakutsk produced this note locally, which accounts for the crude printing quality that characterizes the entire S1310 series.
The denomination in gold roubles is significant: by 1924 the Soviet government was stabilizing the currency through the gold chervonets system, and pegging regional scrip to gold was meant to confer legitimacy on notes that would otherwise have inspired little confidence in circulation.