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42 Roubles and 50 Kopecks 5% Freedom Loan Debenture Bond - Type 2
| Issuer | Rostov Office of the State Bank (Rostov-on-Don, Russia - Civil war issues) |
|---|---|
| Year | 1918 |
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| Value | Log in to see details |
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| Composition | Log in to see details |
| Size | 182 × 138 mm |
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| Obverse description | Black on green underprint. An oval vignette at upper centre depicts the Tauride Palace, seat of the State Duma, flanked by laurel branches; serial numbers are printed twice, at upper left and upper right, within an intricate guilloche border with square corner ornaments. The central field carries bold title text above multiple paragraphs of smaller body text concluding with a cluster of signatures, while a coupon sheet is affixed to the left. Two official stamps are present: a circular ОГБ stamp (Отделения Государственного Банка) and a rectangular stamp with the denomination and issuance authority text. |
|---|---|
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| Reverse description | Black on rose underprint. The upper portion carries bold, large-format title text, below which multiple paragraphs of tightly set body text fill the field, with the conditions and terms of the Freedom Loan set out at length. Signatory lines appear in the lower portion of the note. |
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| Comments |
The 42 Roubles 50 Kopecks denomination is one of the more peculiar artifacts of the Don region's chaotic monetary improvisation during 1918. It exists because the Rostov Office of the State Bank was physically cutting full 500-Rouble Freedom Loan bond sheets into fractional coupons and issuing them as circulating currency — the odd denomination reflects the arithmetic of dividing a bond's face and interest value into usable fragments, not any deliberate monetary planning.
The Freedom Loan itself had been launched by the Provisional Government in spring 1917. By the time these coupons circulated in White-controlled Rostov, the government that issued the underlying bonds no longer existed.