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500 Roubles

Issuer Russian Soviet Federative Socialist Republic (RSFSR)
Year 1921
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Value 500 Roubles
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Reverse description The reverse is printed in pale blue-grey and consists entirely of a repetitive geometric guilloche underprint pattern composed of interlocking lozenges and star motifs, covering the full surface of the note without any text or vignette.
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Protection description repeated lozenges, stars, and geometric patterns visible throughout the paper
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Comments

The 1921 RSFSR note issues came during the period of War Communism's unraveling, when Soviet monetary policy was in genuine theoretical conflict with itself — Bolshevik ideologues had seriously debated abolishing money altogether, yet the printing presses ran harder than at any point under the Tsar. Inflation by this point had rendered the rouble functionally worthless; workers received wages in physical goods or rations, and notes like this one circulated in quantities that stripped denominations of practical meaning within weeks of issue.

The 1921 series was among the last before the NEP-era monetary reform that introduced the chervonets in 1922 and eventually the new rouble in 1924, wiping out the old currency entirely.

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