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85 Roubles 5% Freedom Loan Debenture Bond - Type 3
| Issuer | Rostov-on-Don Branch of the State Bank (Russia - Civil War issues) |
|---|---|
| Year | 1918-1920 |
| Type | Local banknote |
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|---|---|
| Obverse lettering | (round stamp) Ростовская на Дону Контора Государственного Банка (rectangular stamp) -85 руб.- Настоящая облигацiя безъ купоннаго листа выпущена Ростовской н-Д. Конторою Государственнаго Банка въ качествѣ денежнаго знака въ суммѣ восемьдесят пять (85р.) рублей. (Translation: (round stamp) Rostov on Don Main Office of the State Bank (rectangular stamp) -85 rub.- This bond without a coupon sheet was issued by the Rostov-on-Don State Bank as a banknote in the amount of eighty-five (85r.) rubles.) |
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| Protection type | Watermark |
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| Comments |
The Freedom Loan (Zaём Svobody) was originally launched by the Provisional Government in April 1917 as a patriotic war bond drive. When the Civil War fractured Russia's financial administration, regional branches of the State Bank — cut off from Moscow — began issuing their own obligations against that loan's authority, effectively converting bond certificates into circulating currency out of sheer necessity. The Rostov-on-Don branch was operating under successive White Army administrations during this period, which complicates any precise dating within the 1918–1920 window.
The 85-rouble denomination is arithmetically odd and derives directly from bond-coupon accounting rather than any conventional currency denomination — a reminder that these instruments were never designed to pass hand to hand in a market.