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50 Hryven
| Issuer | Derzhavna Skarbnytsya (State Treasury of Ukraine) |
|---|---|
| Year | 1918 |
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| Composition | Paper |
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| Obverse description | The Ukrainian trident (tryzub) state arms within an ornate cartouche at upper centre, flanked by wheat sheaf vignettes and decorative rope-style border elements. The denomination numeral '50' appears at upper left and right corners, with the year '1918' printed at mid-left and mid-right. The central text inscriptions identify the issuer in Cyrillic, with the denomination in full, accompanied by two manuscript facsimile signatures and series and serial number below. |
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| Obverse lettering | БІЛЕТ Державної Скарбниці на ПЯТЬДЕСЯТЬ ГРИВЕНЬ Директор Державної скарбниці Бухгальтер Серія I № 174285 Білет дійсний по 1 січня 1953 р. 3,6% |
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The Derzhavna Skarbnytsya — the State Treasury of the Ukrainian People's Republic — issued this note during one of the most turbulent years in Ukrainian political history. The UPR was fighting for survival on multiple fronts simultaneously: German and Austro-Hungarian occupation forces nominally allied but exercising real control, Bolshevik forces pressing from the east, and the Hetmanate coup of April 1918 that overthrew the Central Rada entirely. Treasury notes from this period were produced under conditions of near-constant institutional collapse.
Pick 12 belongs to the broader 1918 Skarbnytsya series, the notes of which circulated alongside German occupation currency and were frequently distrusted by a population that had seen multiple issuing authorities come and go within months. Surviving examples often show heavy fold wear — these moved through hands quickly.