Old Money Registry

Treasury Bond Coupon, 2 Roubles

Купонъ билета Государственнаго Казначейства

Obverse 600 dpi
Reverse 600 dpi

This copy

Accession
OM-00139
Series year
1918
Actually issued
1918
Signatures
This issue carries no bank manager or cashier signature.
Grade
VG (IBNS)

Edge damage, 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
$4.5 indicative

Category benchmark scaled for grade — an order of magnitude, not an appraisal. Priced 2026-09-07.

Dimensions
78.2 × 38.8 mm (±0.5, from the scan)
Themes
Russian Civil WarEmergency moneyBond coupon

The type

Type
Treasury Bond Coupon, 2 Roubles
Printer
Not established
Rarity
common

Inscriptions

Obverse — the gold promise

Государственный банкъ размѣниваетъ кредитные билеты на золотую монету безъ ограниченія суммы (1 р. = 1/15 имперіала, содержитъ 17,424 доли чистаго золота)

The State Bank exchanges credit notes for gold coin without limit of sum (1 rouble = 1/15 imperial, containing 17.424 dolya of pure gold)

Reverse — the counterfeiting penalty

Подделка кредитныхъ билетовъ преслѣдуется закономъ

Counterfeiting of credit notes is prosecuted by law

Symbology

Double-headed eagle, crownless
The same eagle with the crowns, orb and sceptre stripped off - redrawn for the Provisional Government in 1917 by Ivan Bilibin, and nicknamed the 'chicken' for its plucked look. It is a state trying to stay continuous with what came before while disowning the part everyone objected to. The Soviets kept it unchanged for years afterwards.
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

Not money: an interest coupon clipped from a State Treasury bond and spent as cash. When a state stops producing small denominations, people improvise with whatever bears a printed number and is hard to forge.

This account belongs to the type, not this copy — it is shared by every Treasury Bond Coupon, 2 Roubles in the collection.

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