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5 Roubles Administration of Economic Enterprises

Issuer Upravleniye Khozyaystvennymi Predpriyatiyami VUTsIKa (Administration of Economic Enterprises of the All-Ukrainian Central Executive Committee)
Year 1923
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Value 5 Roubles
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Obverse description Soviet arms (hammer and sickle within wreath) at upper left, flanked by the year '1923' on both sides within a decorative guilloche border. Central Cyrillic text reads 'РАСЧЕТНАЯ БОНА' followed by a handwritten serial number, with the large denomination inscription 'ПЯТЬ РУБЛЕЙ' below. The lower portion carries a multi-line text stating conditions of validity, two manuscript signatures for the Secretary and Chief Accountant of VUTsIK, and a series number at foot.
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Reverse description Plain unprinted paper with a large lilac numeral '5' centrally positioned, flanked by the abbreviated denomination inscriptions 'Зол.' (gold) to the left and 'Руб.' (roubles) to the right. A faint circular control stamp impression is visible in the lower right area.
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Comments

The VUTsIK — Vseukrayinsky Tsentralny Vykonavchy Komitet, the All-Ukrainian Central Executive Committee — was not a bank, which is precisely why this note exists. During the early 1920s, Soviet-aligned administrations in Ukraine issued their own quasi-monetary instruments through economic enterprise arms rather than through formal banking channels, a workaround made necessary by the chronic collapse of state financial infrastructure during the NEP transition period.

P#S301 falls into the broad and often poorly documented category of Soviet-era regional and institutional scrip, where issuing bodies, print runs, and redemption terms were rarely preserved in official records.

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