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3 Roubles
| Issuer | People's Commissariat of Finance of the USSR |
|---|---|
| Year | 1938 |
| Type | Standard circulation banknote |
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| Obverse description | At left, an intaglio vignette of a Red Army soldier in full uniform with helmet and rifle, a second soldier visible behind him. The USSR State Emblem appears at centre-top, flanked by the denomination numeral '3' within a guilloche rosette at right. The value inscription 'Три рубля' is rendered in stylised script across the centre, with the year '1938' at lower centre. |
|---|---|
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| Reverse description | The reverse is dominated by an intricate multicolour guilloche underprint in green, pink, and blue, with the large numeral '3' at centre within an ornate lathe-work oval. The word inscription 'ТРИ РУБЛЯ' appears below the numeral. The denomination is rendered in multiple Soviet languages in two flanking cartouches set within the guilloche pattern, with small numeral '3' repeated at the far left and right edges. |
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| Comments |
The 1938 Soviet note series — covering the 1, 3, and 5 Rouble denominations — was issued under the People's Commissariat of Finance rather than the State Bank, a distinction that mattered legally: these were treasury notes, not bank notes, and carried no gold backing or redemption obligation. The separation reflected ongoing ideological ambivalence within Soviet monetary policy about whether a socialist state should issue currency that admitted the existence of credit at all.
Goznak, the Soviet state printing bureau, produced the series domestically. The 3 Rouble note of this type remained in circulation well into the postwar period, surviving until the 1947 monetary reform — one of the more punishing currency conversions of the Stalin era, which exchanged old notes at 10:1.