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500 Roubles Rostov

Issuer Rostov-on-Don Branch of the State Bank
Year 1918
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Value 500 Roubles
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Obverse description The face is dominated by an elaborate baroque guilloche border with scrollwork, floral and foliate ornaments, and corner medallions bearing the denomination numeral 500. A small double-headed eagle vignette is set within a cartouche at upper left, flanked by an inscribed text panel in pre-reform Cyrillic script. The denomination ПЯТЬСОТЪ РУБЛЕЙ is printed in large letterpress at centre, with the date 1918 and numeral 500 at right; two signature lines for the manager and cashier appear at lower centre above a red underprint rosette.
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Reverse lettering 500 РУБЛЕЙ 500
500 РУБЛЕЙ
Настоящій денежный знакъ обязателенъ къ пріему въ платежи всѣми Правительственными и частными учрежденіями, а также при расчетахъ между частными лицами.
Подѣлка денежныхъ знаковъ преслѣдуется закономъ.
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During the Russian Civil War, regional branches of the State Bank frequently issued their own obligations when supply lines from Moscow collapsed entirely. The Rostov-on-Don branch produced this 500 Rouble note in 1918 under White Army–controlled territory, giving it a political dimension beyond ordinary provincial banking — it circulated in a region that changed hands multiple times between Volunteer Army forces and the Red Army within the span of months.

Notes from this series are known to have been repudiated by Soviet authorities after Rostov fell, rendering them worthless overnight. Survivors in any condition are relatively scarce precisely because few had reason to keep them.

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