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500 Roubles Privatization voucher
| Issuer | Republic of Belarus (Дзяржзнак Беларусі) |
|---|---|
| Year | 1992 |
| Type | Log in to see details |
| Value | 500 Roubles (500 BYB) |
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| Composition | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | ДЗЯРЖАЎНЫ ПРЫВАТЫЗАЦЫЙНЫ ЧЭК "ЖЫЛЛЁ" РЭСПУБЛІКА БЕЛАРУСЬ 500 РУБЛЁЎ (Translation: STATE PRIVATIZATION VOUCHER "HOUSING" REPUBLIC OF BELARUS 500 RUBLES) |
| Reverse description | The reverse carries a vignette of contrasting old and new urban architecture in the background, serving as an underprint behind a detailed multipoint text block setting out the legal terms and conditions governing the use of the privatization voucher. The issuer attribution ДЗЯРЖЗНАК БЕЛАРУСІ and the year 1992 appear at the foot. |
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| Comments |
Belarus issued these vouchers in 1992 as instruments for the transfer of state property to private hands — part of the broader post-Soviet privatization programs that swept the former republics after independence. Unlike Russia's famous voucher privatization under Chubais, which attracted significant foreign attention and secondary market trading, the Belarusian scheme was quickly curtailed as the political climate shifted against rapid privatization. Lukashenko's consolidation of power from 1994 onward effectively reversed much of what these vouchers were meant to achieve.
Printed domestically by Дзяржзнак Беларусі, which had only recently been established as an independent state printing facility.