50 Roubles, RSFSR, 1922
Государственный денежный знак РСФСР
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This copy
- Accession
- OM-00113
- Series year
- 1922
- Actually issued
- 1922
- Signatures
- This issue carries no bank manager or cashier signature.
- Grade
- VG (IBNS)
Corner loss, heavy wear. Estimated from the archival scan. Folds, soiling and edge condition are visible at this resolution; paper crispness, pinholes, small repairs and pressing are not.
- Estimated value
- $2 indicative
Category benchmark scaled for grade — an order of magnitude, not an appraisal. Priced 2026-09-07.
- Dimensions
- 50.6 × 37.4 mm (±0.5, from the scan)
- Themes
- HyperinflationCurrency reformSoviet armsSovznak
The type
- Type
- 50 Roubles, RSFSR, 1922
- Printer
- Goznak
- Rarity
- very common
Inscriptions
Обеспечивается всем достоянием Республики
Secured by the entire property of the Republic — no gold, no exchange undertaking, only the assets of the state
Подделка преследуется по закону
Counterfeiting is prosecuted by law
Symbology
- Soviet arms
- Hammer and sickle crossed over a globe in a wreath of wheat, with a rising sun behind - industry and agriculture, the world as the field of action, and the sunrise of a new order. It replaced the eagle entirely rather than editing it.
- «Пролетарии всех стран, соединяйтесь!»
- 'Workers of the world, unite!' - printed on money, and on the larger notes repeated in German, French, Italian, English, Arabic and Chinese. A currency addressed to people who would never hold it.
- Guilloche
- The dense interlaced line-work filling the field. Engine-turned on a geometric lathe, it was the era's principal anti-counterfeiting device: reproducible only with the same machine and impossible to draw freehand or photograph cleanly.
What was happening
The sovznak of 1922 and 1923 is the last act of the hyperinflation. Two redenominations ran in quick succession — 1922 knocked four zeros off, 1923 another two — while the gold- backed chervonets was introduced alongside to do the real work. For about two years the Soviet Union ran two currencies at once: a hard one for accounting and trade, and this one, which people spent before it lost more value.
The 1924 reform retired the sovznak for good at 50,000 to one against the new rouble.
This account belongs to the type, not this copy — it is shared by every 50 Roubles, RSFSR, 1922 in the collection.
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