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5 Gold Roubles
| Issuer | State Treasury of the USSR |
|---|---|
| Year | 1924 |
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| Composition | Log in to see details |
| Size | 182 × 88 mm |
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| Obverse description | A vignette at lower centre shows a tractor ploughing a field, rendered in fine intaglio engraving. To the upper right, the Soviet state emblem appears alongside the large numeral '5' and the inscription ПЯТЬ РУБЛЕЙ ЗОЛОТОМ in bold letterpress. The date 1924 is printed at the bottom, with series and serial number in red at centre left, accompanied by the signatures of the People's Commissar of Finance and the Cashier. |
|---|---|
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| Signature(s) | lower - Belyayev lower - Gerasimov lower - Kozlov lower - Kolosov lower - Oniker |
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| Comments |
The 1924 Soviet gold rouble notes — "золотые рубли" — were not backed by gold in any redeemable sense for ordinary holders, but the denomination was explicitly pegged to the gold chervonets introduced in 1922 as part of the NEP monetary stabilization. Issuing these Treasury obligations in gold-denominated terms was a deliberate political signal: the Bolshevik government was attempting to restore confidence in paper after the catastrophic hyperinflation of the civil war years had essentially destroyed the previous rouble.
Five signatures on a single note is unusual and reflects the collective-authority model the early Soviet Treasury applied to high-denomination paper obligations.