-40%

Russia 5000 Rubles (1920) Pick# S641 PMG 50 About Uncirculated (EPQ)

$ 83.95

Availability: 99 in stock
  • Country: Russia
  • Grade: 50
  • Grade Designation: EPQ/PPQ
  • Type: Banknotes
  • Circulated/Uncirculated: Uncirculated
  • Certification: PMG
  • Year: 1920
  • Condition: This Russia 5000 Rubles banknote from 1920 features well-defined edges and corners with minimal wear. The paper remains crisp and retains its original sheen. There may be slight evidence of handling or circulation, but overall, the note maintains its original appeal and is considered About Uncirculated. Additionally, the note has been awarded the Exceptional Paper Quality (EPQ) designation by PMG, indicating its superior condition.
  • Certification Number: 2290501021

    Description

    Russia/Transcaucasia, S.S.R.R Railroad 5000 Rubles
    The Russia/Transcaucasia, S.S.R.R Railroad 5000 Rubles banknote from 1920, Pick# S641, is a notable artifact from a time of intense political and economic upheaval in the region. Despite the chaos, the note showcases intricate design elements and reflects the aspirations of the newly established Soviet government to stabilize the economy through monetary policy.
    ·
    Russian Civil War (1917-1922): The period of the Russian Civil War was marked by violent conflict between the Bolshevik (Red) forces and various opposition groups, including the White Army, foreign interventionists, and nationalist movements. The war ravaged the country and severely disrupted the economy.
    ·
    Bolshevik Revolution (1917): The Bolshevik Revolution of 1917, led by Vladimir Lenin and the Bolshevik Party, overthrew the Russian Provisional Government, leading to the establishment of the Soviet Union. The revolution aimed to create a socialist state and implement radical social and economic reforms.
    ·
    Economic Instability: The aftermath of the revolution and the civil war led to economic chaos in Russia and Transcaucasia. Hyperinflation, shortages of goods, and widespread poverty were common. The Bolshevik government attempted to address these issues through various measures, including currency reforms and nationalization of industry.
    ·
    S.S.R.R Railroad: The S.S.R.R (Southwestern State-owned Russian Railways) was a significant railway network in the region, vital for transportation and trade. The note designated for the S.S.R.R Railroad likely served as a form of currency used within the railway system, facilitating transactions and payments among workers, suppliers, and passengers.
    ·
    Currency Reforms: The issuance of new banknotes, such as the 5000 Rubles note designated for the S.S.R.R Railroad, was part of the Soviet government's efforts to stabilize the economy and establish control over monetary policy. However, rampant inflation and economic disarray persisted for years after the revolution.
    In summary, the Russia/Transcaucasia, S.S.R.R Railroad 5000 Rubles banknote (1920) provides a tangible glimpse into the economic challenges faced by the Soviet government in the aftermath of the Bolshevik Revolution and during the tumultuous period of the Russian Civil War. Its intricate design, association with the vital railway system, and historical significance make it a valuable piece for collectors and historians alike.PMG, indicating its superior condition.
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