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3 Roubles Administration of Economic Enterprises

Issuer Administration of Economic Enterprises of VUTsIK (ВУЦИК)
Year 1923
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Composition Paper
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Obverse lettering УПРАВЛЕНИЕ ХОЗЯЙСТВЕН. ПРЕДПРИЯТИЯМИ ВУЦИК
РАСЧЕТНАЯ БОНА №
ТРИ РУБЛЯ
ЧЕРВОНЦЕВ по оффициальному курсу.
Действительна по 1-е октября 1924 года.
Бона обязательна к приему и уплату за все услуги Управления Хозяйственными Предприятиями ВУЦИК'а при внутрении расчетах и обеспечивается всем имуществом и доходами Управления.
Секретарь ВУЦИК'а
Главный Бухгалтер
Серия № 01.
1923
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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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.

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