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5 Kopecks Administration of Economic Enterprises
| Issuer | Administration of Economic Enterprises of VUTsIK (Управление Хозяйственными Предприятиями ВУЦИК) |
|---|---|
| Year | 1923 |
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| Shape | Rectangular |
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| Obverse description | The circular arms of the Ukrainian SSR appear as a vignette at the left within a decorative frame of geometric guilloche ornaments, with the year 1923 printed at both upper corners beneath the issuing authority's name in Cyrillic. The denomination in large bold Cyrillic text occupies the central field, accompanied by text specifying validity until 1 October 1924 and conditions of mandatory acceptance for all services of the Administration of Economic Enterprises of VUTsIK. Two manuscript signatures of the Secretary and Chief Accountant of VUTsIK appear below the text, with the series number indicated at the foot of the note. |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | The reverse is printed in lilac/pink ink on plain unadorned paper. A circular stamp impression at the centre bears the denomination numeral '5' in large figures flanked by the abbreviated inscriptions 'ЗОЛ.' and 'КОП.' on either side, enclosed within a circular border carrying additional Cyrillic text of the issuing authority. |
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| Comments |
VUTsIK — the All-Ukrainian Central Executive Committee — ran its own commercial enterprises during the NEP period, and this 5 kopeck note is a product of that brief experiment in quasi-autonomous Soviet institutional finance. These small-denomination scrip issues were produced to facilitate transactions within facilities directly administered by VUTsIK, circulating in a tightly bounded economic space rather than through any general monetary channel.
The Pick S-prefix classification is telling: this is regional and semi-official scrip, not a state banknote. Ukraine's NEP-era institutional currency is among the least-documented in Soviet notaphily, and P#S295 turns up infrequently in Western collections.