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Voucher - 10000 Roubles 1992 Nizhny Novgorod Region
| Issuer | Administration of the Nizhny Novgorod Region |
|---|---|
| Year | 1992 |
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| In circulation to | Yes |
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| Obverse description | Red and pale green letterpress note with a fine guilloche underprint throughout. A central oval vignette presents a view of the Nizhny Novgorod Kremlin with its towers and surrounding cityscape. The denomination numeral 10000 appears in bold at left and right within ornate cartouches, with the year 1992 at lower left and a two-letter serial prefix and number at lower right. |
|---|---|
| Obverse lettering | АДМИНИСТРАЦИЯ НИЖЕГОРОДСКОЙ ОБЛАСТИ ПОТРЕБИТЕЛЬСКИЙ КАЗНАЧЕЙСКИЙ БИЛЕТ ОБЛИГАЦИЯ ГОСУДАРСТВЕННОГО ЗАЙМА НИЖЕГОРОДСКОЙ ОБЛАСТИ ДЕСЯТЬ ТЫСЯЧ РУБЛЕЙ ПОТРЕБИТЕЛЬСКИЙ КАЗНАЧЕЙСКИЙ БИЛЕТ ЯВЛЯЕТСЯ СВОБОДНО ОБРАЩАЕМЫМ И ПРИНИМАЕТСЯ ВО ВСЕ ВИДЫ ПЛАТЕЖЕЙ НА ТЕРРИТОРИИ НИЖЕГОРОДСКОЙ ОБЛАСТИ (Translation: ADMINISTRATION OF THE NIZHNY NOVGOROD REGION CONSUMER TREASURY NOTE STATE LOAN BOND OF THE NIZHNY NOVGOROD REGION TEN THOUSAND RUBLES CONSUMER TREASURY NOTE IS FREELY NEGOTIABLE AND ACCEPTED FOR ALL TYPES OF PAYMENTS IN THE TERRITORY OF THE NIZHNY NOVGOROD REGION) |
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| Comments |
The Nizhny Novgorod Region's 1992 commodity voucher program was one of the more ambitious regional experiments in Russia's chaotic post-Soviet transition. With federal supply chains collapsed and the ruble's purchasing power evaporating week to week, regional administrations across Russia improvised parallel exchange instruments — these vouchers being among the higher-denomination examples issued at the oblast level. Nizhny Novgorod, under Governor Boris Nemtsov, was at the time being positioned as a showcase for radical market reform, which gives this particular piece an unusually specific political address.