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5 Roubles

Issuer Russian Socialist Federated Soviet Republic (RSFSR)
Year 1922
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Size 150 × 75 mm
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Reverse description The reverse is printed in blue and mirrors the obverse's guilloche framework, with large flanking numerals '5' and vertical ПЯТЬ РУБЛЕЙ inscriptions on each side. A central text panel states the 1922 exchange rate — one 1922 rouble equals 10,000 roubles of all previously issued series — along with the legal tender obligation clause. The year 1922 appears at the bottom centre within the decorative border, and a counterfeiting warning ПОДДЕЛКА ПРЕСЛЕДУЕТСЯ ПО ЗАКОНУ is printed below the central panel.
Reverse lettering ОДИН РУБЛЬ ВЫПУСКА 1922 Г. РАВЕН 10.000 РУБЛЕЙ ВСЕХ РАНЕЕ ВЫПУЩЕННЫХ ОБРАЗЦОВ И ОБЯЗАТЕЛЕН К ПРИЁМУ, СОГЛАСНО ЭТОГО РАСЧЁТА ДЛЯ УЧРЕЖДЕНИЙ РЕСПУБЛИКИ И ЧАСТНЫХ ЛИЦ.
ПОДДЕЛКА ПРЕСЛЕДУЕТСЯ ПО ЗАКОНУ
1922
ПЯТЬ РУБЛЕЙ
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Comments

The 1922 RSFSR notes were issued during the brief window between the collapse of the Soviet wartime economy and the monetary reform of 1922–24 that eventually produced the chervonets. Hyperinflation had rendered earlier denominations effectively worthless — by this point, a single pre-war kopek's purchasing power required thousands of roubles in paper — and these notes circulated against a backdrop of the New Economic Policy, Lenin's tactical retreat toward limited market activity.

The series was superseded quickly. Most examples saw heavy use before the 1923 redenomination swept them out of circulation, making clean survivors less common than the print runs might suggest.

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