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| Issuer | Russian State Treasury |
|---|---|
| Year | 1918 |
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| Composition | Paper |
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| Obverse description | Short-term 5% State Treasury obligation. Central text block in Cyrillic script states the obligation value of five thousand roubles, payable at the State Bank and its offices. Serial number at lower left; date of 1 August 1918 at lower right. Registration stamp at upper left with manuscript entries. |
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| Obverse lettering | 5% краткосрочное обязательство Государственного Казначейства пять тысяч рублей в Государственном Банке и его Конторах и Отделениях Директор Департамента Государственного Казначейства Начальник Бухгалтерского Отдела Бухгалтер Петроград, 1 Августа 1918 Руб. 5000 |
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| Comments |
The Russian State Treasury's 1918 high-denomination issues were products of a government already losing its grip on monetary order. By mid-1918, the Bolshevik-controlled Soviet apparatus was printing alongside surviving Provisional Government plates, and the State Treasury notes like this one occupied an awkward institutional position — issued under pre-revolutionary authority structures that were effectively dismantled even as the notes rolled off the press in Petrograd.
Rampant inflation had made 5,000 roubles a practical, not a prestige, denomination within months of issue.