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Early Soviet Banknotes

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Valued Member
Davest's Avatar
United States
325 Posts
 Posted 12/25/2009  11:30 am  Show Profile   Bookmark this reply Add Davest to your friends list Get a Link to this Reply
Daniel, a few questions. How did you manage to collect such specimens? My knowlege of Soviet or Pre Soviet Russia is very weak to say the least and did not picture so many different notes from diverse areas. I have to give you a big thumbs up on amassing them.

Do you live in Russia? Or have you? It seems the entire European, Soviet area has already experienced hyperinflation in the past and personally, I'm waiting for the west to get its' chance, not that I'm looking forward to it.

BTW, the colors and details on all of them are outstanding.

Dave
Valued Member
United States
106 Posts
 Posted 12/25/2009  11:51 am  Show Profile   Bookmark this reply Add DJB1968 to your friends list Get a Link to this Reply
Thanks Dave. No, actually I live in the United States. As for the notes, some I've had for years, while others I've aquired on ebay. I also have a large number of civil war notes from other factions too (provisional, white regiment, etc.). The best reference book in the U.S. is Krause's World Paper Money Vol. 1~Special Issue catalog that shows the notes issued by the different factions. It's not perfect, but again it's one the most readily available reference books on the market. Thanks for you compliment on the colors of images. I use my scanner for the notes and a digital camera for coins. Since notes are flat, it's easy to capture the color and tone easier with the scanner. Since coins vary in shape, depth and relief, the camera is the best choice for capturing the toning and detail, especially if you have a good Macro feature on the camera. On the area of hyperinflation, the worst crisis I've seen recently is in Zimbabwe. For example, I have a note from Zimbabwe dated 2008 in the amount of 20 Trillion Dollars, and that's not even the highest denomination either. I pray it never get's that bad here or anywhere else.

~Daniel
Edited by DJB1968
12/25/2009 11:52 am
Pillar of the Community
DL20K's Avatar
Poland
3201 Posts
 Posted 12/25/2009  12:49 pm  Show Profile   Bookmark this reply Add DL20K to your friends list Get a Link to this Reply
I have one note issued by the Whites in Omsk (long, blue, one-sided note, I think the date is 1919). Do you know what happened to them when the area was taken over by the revolutionary forces? Did they allow to exchange them or did they circulate along with the soviet roubles?
Valued Member
United States
106 Posts
 Posted 12/25/2009  1:31 pm  Show Profile   Bookmark this reply Add DJB1968 to your friends list Get a Link to this Reply
Hi 'DL20K'. I think I know of the notes that you are referring to. These are debenture bonds issued by the White regiment. There are many notes that have been counter-stamped to be used by the opposing factions. For example, the Arkhangelsk note above is a Soviet issue, however some of these have a red counter-stamp on the reverse to be used during the occupation by the White government. I'm not sure if the Omsk issues had these or not. There were some Soviet issues for the Siberian factions but most were regular issues.

~Daniel
Edited by DJB1968
12/25/2009 1:39 pm
Valued Member
Brannenworks's Avatar
United States
106 Posts
 Posted 12/26/2009  12:14 am  Show Profile   Bookmark this reply Add Brannenworks to your friends list Get a Link to this Reply
Awesome posts and of general interest. Do you have any restamped notes, for example, a million rouble note restamped to be a billion rouble note?
Valued Member
United States
106 Posts
 Posted 12/26/2009  09:23 am  Show Profile   Bookmark this reply Add DJB1968 to your friends list Get a Link to this Reply
Thanks 'Brannenworks'. I have a couple counter-stamped notes from the Russian Civil War, and and I think I have a couple from Germany from the early 1920's. This was a notorious era when the German Reichsmark's value constantly tanked and they needed to keep revaluing the monetary system to keep up with the rampant inflation. Russia counter-stamped paper money because certain territories kept passing back and forth between the different factions. Thus, they stamped old notes to be reused under the current administration of the time.

~Daniel
Pillar of the Community
svslav's Avatar
United States
2605 Posts
 Posted 12/27/2009  01:01 am  Show Profile   Bookmark this reply Add svslav to your friends list Get a Link to this Reply
Wow, quite a collection. Frankly, I'm very jealous!


Quote:
I have one note issued by the Whites in Omsk (long, blue, one-sided note, I think the date is 1919). Do you know what happened to them when the area was taken over by the revolutionary forces? Did they allow to exchange them or did they circulate along with the soviet roubles?

There were "Reds", there were "Whites", and there were "Greens". Not kind of "Greens" that exist now, "Greens" was a collective name for anybody not "Red" or "White": anarchists, other revolutionary fractions disagreeing with Bolsheviks, or just bands of marauders. In some places the control changed few times a day. Different regions coped with such "fluidity" differently, from counterstamping the notes of opposing sides to issuing local currency.
Valued Member
United States
106 Posts
 Posted 12/27/2009  01:24 am  Show Profile   Bookmark this reply Add DJB1968 to your friends list Get a Link to this Reply
Thanks for the info once again 'svslav'. That's a new one on me about the 'Greens' in the Russian Civil War. I shouldn't act surprised though. It was such a mess back then that anything could have happened.

~Daniel
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