Catalog
See full images - free registration
Continue with Google - no registration!
or register with email
Why register? Just to keep bots out of our catalog. Your email stays private - we will never share it or send you anything uninvited. We guarantee you that!
50 Roubles Administration of Economic Enterprises
| Issuer | Administration of Economic Enterprises of VTsIK (Управление Хозяйственными Предприятиями ВЦИК) |
|---|---|
| Year | 1923 |
| Type | Log in to see details |
| Value | 50 Roubles |
| Currency | Log in to see details |
| Composition | Log in to see details |
| Size | Log in to see details |
| Shape | Log in to see details |
| Printer | Log in to see details |
| Designer(s) | Log in to see details |
| Engraver(s) | Log in to see details |
| In circulation to | Log in to see details |
| Reference(s) | Log in to see details |
| Obverse description | The obverse carries a Soviet state arms vignette at the left, with the hammer-and-sickle emblem inscribed 'USSR' below. The heading 'УПРАВЛЕНИЕ ХОЗЯЙСТВ. ПРЕДПРИЯТИЯМИ ВЦИК' appears in a panel across the top, flanked by the year '1923' in decorative boxes on either side. The denomination 'ПЯТЬДЕСЯТ руб.' is printed in bold Cyrillic letterpress at centre, with text below stating validity until 1 October 1924, two manuscript signatures for the Secretary and Chief Accountant of VTsIK, and series designation at the foot. |
|---|---|
| Obverse lettering | УПРАВЛЕНИЕ ХОЗЯЙСТВ. ПРЕДПРИЯТИЯМИ ВЦИК РАСЧЕТНАЯ БОНА № ПЯТЬДЕСЯТ руб. ЧЕРВОНЫХ по официальному курсу. Действительна по 1-е октября 1924 года. Бона обязательна к приему и уплату за все услуги Управления Хозяйственными Предприятиями ВЦИКа при внутренних расчетах и обеспечивается всем имуществом и доходами Управления. Секретарь ВЦИКа Главный Бухгалтер Серия № 01. |
| Reverse description | Log in to see details |
| Reverse lettering | Log in to see details |
| Signature(s) | Log in to see details |
| Protection type | Log in to see details |
| Protection description | Log in to see details |
| Variants | Log in to see details |
| Comments |
VTsIK — the All-Russian Central Executive Committee — operated a sprawling portfolio of commercial enterprises in the early NEP years, and this note was issued by the administrative body managing those operations. It is not a state bank issue and has no connection to Narkomfin or Gosbank. The issuing authority functioned as a kind of internal scrip system, circulating within the VTsIK economic network at a moment when the sovznak was collapsing and the chervonets had not yet fully taken hold.
The timing matters: 1923 was the peak of Soviet hyperinflation, and parallel scrip from institutional issuers was a practical response to currency instability rather than a formal monetary policy decision.