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500 Roubles
| Issuer | Russian Soviet Federative Socialist Republic (RSFSR) |
|---|---|
| Year | 1922 |
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| Composition | Paper |
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| Obverse description | The face is dominated by an elaborate scrollwork and guilloche framework enclosing the large denomination numeral «500» at left and right, with the RSFSR state emblem at top centre. A central text panel carries the denomination in Cyrillic letterpress. Below the text panel appear the printed titles and manuscript signatures of the Narkom Finansov and the Kassir, with a serial number in the lower centre. |
|---|---|
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| Reverse lettering | 500 РУБЛЕЙ ПОДДЕЛКА ПРЕСЛЕДУЕТСЯ ПО ЗАКОНУ |
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| Comments |
The 1922 RSFSR note series was printed during the Soviet government's first serious attempt to stabilize a currency system that had completely collapsed under wartime communism. Hyperinflation had rendered earlier sovznaki nearly worthless — by 1922, prices were being quoted in millions of pre-war rubles. This 500-rouble denomination was effectively small change in real purchasing terms when issued.
The series was superseded within months by the chervonets reform of late 1922, which introduced gold-backed currency alongside the dying sovznaki. Most of these notes circulated hard and briefly before being retired.