3 Roubles

The 1925 Soviet treasury notes were part of the broader chervonets reform stabilization, issued after the catastrophic hyperinflation of the early 1920s that had made earlier Soviet paper money effectively worthless. The State Treasury series replaced the provisional Soviet notes and represented the new "hard" currency policy anchored, at least nominally, to gold. Three roubles was the smallest denomination in this particular treasury series.

Pick 189 is notably scarcer in circulated grades than the 1, 5, and 10 rouble counterparts — the low denomination saw heavy everyday use and the thin paper stock of the period did not survive it well.