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5 Roubles
| Issuer | Russian Soviet Federative Socialist Republic (RSFSR) |
|---|---|
| Year | 1922 |
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| Currency | Soviet Republic (RSFSR) ‒ Rouble (1921-1923) |
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| Obverse description | The obverse centres on the RSFSR state emblem — hammer and sickle beneath a rising sun, flanked by bound grain sheaves — positioned above a large bold numeral '5' set within an ornate guilloche medallion. Three lines of Cyrillic letterpress identify the issuer and denomination type, with the year '1922' below; a dark band at the foot of the note carries the anti-counterfeiting warning in Cyrillic. The overall design is spare and utilitarian, consistent with the early Soviet state monetary issues of the period. |
|---|---|
| Obverse lettering | Р.С.Ф.С.Р. ГОСУДАРСТВЕННЫЙ ДЕНЕЖНЫЙ ЗНАК 1922 г. ПОДДЕЛКА ПРЕСЛЕДУЕТСЯ ПО ЗАКОНУ 5 РУБ. |
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| Comments |
The 1922 RSFSR small-denomination notes were issued during the brief window of the New Economic Policy, when the Bolshevik government made a tactical retreat toward limited market activity after the catastrophic collapse of War Communism. Hyperinflation had already destroyed the purchasing power of earlier Soviet issues so thoroughly that this 5-rouble note was essentially worthless on arrival — by 1923, the government would introduce the chervonets series backed by gold reserves, and the entire 1922 rouble series was swept up in the subsequent redenomination at 1,000,000 old roubles to one new.
Survival rate for circulated examples is low not because of rarity at issue but because the paper quality was poor even by wartime standards.