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85 Roubles 5% Freedom Loan Debenture Bond - Type 2
| Issuer | Rostov Office of the State Bank (Russia - Civil War issues) |
|---|---|
| Year | 1918 |
| Type | Local banknote |
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|---|---|
| Obverse lettering | (round stamp) Ростовская на Дону Контора Государственного Банка (rectangular stamp) 85 р. Настоящая облигация съ 8 (восьмью) купонами выпущена Ростовской Конторой Государствен- наго Банка въ качествѣ денежнаго знака въ суммѣ 85 (восемьдесятъ пять рублей) (Translation: (round stamp) Rostov on Don Main Office of the State Bank (rectangular stamp) 85 r. This bond with 8 (eight) coupons is issued by the Rostov Office of the State Bank as a banknote in the amount of 85 (eighty-five rubles).) |
| Reverse description | Black on rose underprint, with bold large-format text at the top followed by multiple paragraphs of tightly packed text occupying the central field, and signatures arranged in the lower portion. The layout is entirely typographic with no pictorial vignette, consistent with the bond's legislative and contractual character. |
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| Comments |
The Freedom Loan — Zaём Svobody — was launched by the Provisional Government in spring 1917 as a patriotic funding drive to keep Russia in the First World War. When the Bolsheviks repudiated government debt after October 1917, vast quantities of unissued Freedom Loan bonds were stranded in regional bank offices. Rostov-on-Don, under Volunteer Army control through much of the civil war period, reissued these bonds as circulating currency — a practical expedient when the printing infrastructure to produce new notes simply wasn't available.
The specific 85-rouble denomination is an artifact of the bond's coupon structure, not a monetary round number chosen for convenience.