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| Issuer | Gosbank USSR (State Bank of the USSR) |
|---|---|
| Year | 1961 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Log in to see details |
| Composition | Log in to see details |
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| In circulation to | Yes |
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| Obverse description | Plain light ground with typeset Cyrillic text throughout; a guilloche rosette at right frames the denomination numeral '50' above 'КОПЕЕК'. Two manuscript signatures appear below the issuer name, with a bottom legend restricting use to Soviet vessels, aircraft, and trains on international routes. |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | Unprinted plain white reverse, devoid of any vignette or lettering, with faint show-through of the obverse text visible under transmitted light. |
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| Comments |
The 1961 Soviet monetary reform replaced the previous ruble at a 10:1 ratio, effectively wiping out accumulated inflation from the postwar decades. These small-denomination notes entered circulation alongside the new coinage as part of that single coordinated redenomination — one of the more orderly currency reforms in Soviet history, executed without the bank runs or hoarding panics that plagued similar operations elsewhere in the Eastern Bloc.
The 50-kopeck note was phased out relatively quickly in favor of the coin equivalent, which Gosbank found cheaper to produce and longer-lasting in everyday handling. Paper examples that saw genuine circulation tend to show heavy wear at the folds.