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50 Roubles

Issuer State Bank of the Russian Empire
Year 1917
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Value 50 Roubles (50 Рублей)
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Obverse lettering ГОСУДАРСТВЕННЫЙ КРЕДИТНЫЙ БИЛЕТ
ПЯТЬДЕСЯТ РУБЛЕЙ
Государственный Банк разменивает кредитные билеты на золотую монету без ограничения суммы (1 р. = 1/15 империала, содержит 17,424 долей чистого золота).
Управляющий
Кассир
Reverse description Plain guilloche underprint across the entire field with a large lightly printed numeral '50' at centre. The denomination ПЯТЬДЕСЯТ РУБЛЕЙ appears in large bold Cyrillic letterpress text at top. Three numbered clauses in smaller Cyrillic script are arranged across the lower portion of the note, stating the legal status and convertibility of the credit notes.
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Comments

Pick 44 is one of several Tsarist-era designs that outlived the regime that issued it. The Provisional Government, having no time or infrastructure to produce entirely new currency after the February Revolution of 1917, simply continued printing pre-existing State Bank notes — including this one. The note circulates, therefore, under two governments simultaneously in the historical record, neither of which issued it in the strict sense.

Significant quantities survived into the Soviet period, where early Bolshevik monetary chaos meant even Imperial-issue paper remained in transactional use well into 1918 and beyond. High-grade examples are common enough; the interesting ones show the wear of that prolonged, turbulent circulation.

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