Catalog
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| Issuer | State Bank of the USSR (Государственный Банк СССР) |
|---|---|
| Year | 1947 |
| Type | Standard circulation banknote |
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| Obverse description | Intaglio portrait vignette of Vladimir Lenin at left, set within an oval frame surrounded by laurel branches, against a fine guilloche underprint in green. The USSR Coat of Arms appears at upper centre, flanked by ornate scrollwork borders. Denomination numerals '50' appear at lower left and upper right corners, with the abbreviated '50 РУБ' at lower left. |
|---|---|
| Obverse lettering | ПЯТЬДЕСЯТ РУБЛЕЙ 50 ПОДДЕЛКА БИЛЕТОВ ГОСУДАРСТВЕННОГО БАНКА СССР ПРЕСЛЕДУЕТСЯ ПО ЗАКОНУ (Translation: FIFTY ROUBLES 50 COUNTERFEITING OF NOTES OF THE STATE BANK OF THE USSR IS PROSECUTED BY LAW) |
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| Comments |
The 1947 Soviet currency reform was one of the more punishing monetary operations of the postwar period. Issued on 16 December 1947, the new notes replaced wartime currency at a rate of one new rouble for ten old ones for most citizens — effectively wiping out savings accumulated during the occupation years. Black market wealth and hoarded cash were the primary targets, but ordinary workers caught with more than 3,000 roubles in savings faced the same confiscatory exchange rate.
The "15 scrolls" designation distinguishes this printing variant from the later 16-scroll type issued in 1957, a detail critical to accurate cataloging since the two are visually similar at a glance.