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5 Roubles Altai

Issuer Altaisky Gubernsky Soyuz Raboche-Krestyanskikh Potrebitelskikh Obshchestv (Altai Provincial Union of Workers' and Peasants' Consumer Societies)
Year 1923
Type Local banknote
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Obverse description Typeset in black on plain paper, the note carries a fine geometric guilloche border along all four edges. The upper portion bears the Cyrillic heading АЛТАЙСКИЙ ГУБЕРНСКИЙ СОЮЗ with the subheading Рабоче-Крестьянских Потребительских Обществ below, followed centrally by a coupon number (Талон №); the denomination ПЯТЬ (5) РУБЛЕЙ appears in bold text toward the lower centre, flanked at left by a circular violet hand stamp, with two manuscript signature lines for the Member of the Board and Chief Accountant, and a series designation Серия А.
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Protection type Hand stamp
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Comments

The Altai Provincial Union of Workers' and Peasants' Consumer Societies was one of dozens of cooperative organizations across Siberia that resorted to issuing their own surrogate currency during the early 1920s, when the collapsing Soviet ruble left provincial trade essentially without a functioning medium of exchange. These cooperative bon notes — not state money, but scrip redeemable within the issuing organization's own network of stores — filled a gap that Moscow could not yet plug this far east.

The hand stamp serving as the primary security feature tells you something about the production conditions: validation by rubber stamp was a practical necessity, not a design choice. 1923 was the year the Soviet monetary reform began consolidating exactly these kinds of local instruments out of existence.

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