500 Roubles Perm

The Perm City Society was one of dozens of municipal and cooperative bodies across the collapsing Russian Empire that began issuing their own surrogate currency in 1917, filling the vacuum left by the Provisional Government's inability to maintain adequate coin and note supply. These local emissions were technically obligations of the issuing municipality rather than state money, a legal fiction that gave them limited but real purchasing power within their immediate region.

Pick S988 belongs to the broader category of Siberian and Ural provisional issues, many of which were demonetized and largely destroyed following Bolshevik consolidation of the region — Perm fell to Red forces in July 1919 after a brief White Army recapture. Survivors in any grade are genuinely uncommon.