100 Hryven, Ukrainian People's Republic, 1918

This copy

Accession

OM-00161

Series year

1918

Actually issued

1918

director_of_the_state_bank

not read uncertain

Handwritten facsimile, legible on the note but not resolved to a name. Compare against a published signature list.

treasurer

not read uncertain

Handwritten facsimile, legible on the note but not resolved to a name. Compare against a published signature list.

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

175.3 × 115.4 mm (±0.5, from the scan)

Themes

Russian Civil WarUkraineGold clauseNarbut

The type

Type

100 Hryven, Ukrainian People's Republic, 1918

Printer

Not established

Rarity

common

Inscriptions

Reverse — the gold clause

Кредитові білети Української Держави забезпечуються всім майном Держави. Кредитові білети Української Держави ходять нарівні з золотою монетою. 1 гривня містить 8,712 долі щирого золота

The credit notes of the Ukrainian State are secured by the entire property of the State and circulate on a par with gold coin. One hryvnia contains 8.712 dolya of pure gold — from a republic that never controlled a gold reserve

Reverse — the counterfeiting penalty

За фальшування державних кредитових білетів винних карається позбавленням прав і тюрмою

Counterfeiting state credit notes is punished by deprivation of rights and prison

Symbology

Tryzub (trident)

The trident of Volodymyr the Great, arms of the Ukrainian People's Republic.

Peasant and worker figures

A woman in embroidered dress and a labourer flank the design - the republic depicting its constituency rather than a sovereign.

What was happening

Money of the Ukrainian People's Republic, the nationalist government that held Kyiv intermittently between 1917 and 1921 while fighting the Bolsheviks, the Whites, Poland and briefly Germany.

The hryvnia notes carry a gold clause — one hryvnia contains 8.712 dolya of pure gold — from a republic that never controlled a gold reserve. Their design, much of it by Narbut, is among the finest of the period: Ukrainian folk motifs and a deliberately modern typography, an argument about nationhood conducted in ornament.

This account belongs to the type, not this copy — it is shared by every 100 Hryven, Ukrainian People's Republic, 1918 in the collection.