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3 Roubles Administration of Economic Enterprises
| Issuer | Administration of Economic Enterprises of VUTsIK (ВУЦИК) |
|---|---|
| Year | 1923 |
| Type | Log in to see details |
| Value | 3 Roubles |
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| Obverse description | The Soviet state arms of the Ukrainian SSR (У.С.С.Р.) appears as a central vignette at left, surrounded by guilloche-style border ornaments and decorative corner rosettes. The issuer's name is inscribed in Cyrillic at the top within a framed panel, with the denomination ТРИ РУБЛЯ printed in large bold type at centre. The note text specifies validity in chervontsy at the official rate until 1 October 1924, with manuscript signatures of the Secretary and Chief Accountant of VUTsIK below, and series number at the foot. |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | The reverse is printed in a light lilac-pink underprint, bearing the large numeral '3' at centre flanked by the abbreviated denomination 'Зол.' to the left and 'Руб.' to the right. A circular ink stamp of the issuing administration is impressed at upper left, with the remainder of the surface plain and unadorned. |
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| Comments |
VUTsIK — the All-Ukrainian Central Executive Committee — ran a parallel economy of state enterprises in the early 1920s that briefly required its own internal scrip. This 3 Rouble note was issued by the Administration of Economic Enterprises, a body managing Soviet Ukraine's nationalized commercial operations during the NEP transition period, when chronic cash shortages at the enterprise level made locally issued substitutes practically necessary.
The Pick S300 designation places it firmly in the Ukrainian Soviet-era special issues — scarce today largely because scrip of this type was never meant to survive its immediate administrative purpose.