3 chervonetses — USSR (1924)

Watermark

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Special facts

The sower in the upper left follows a sculpture by Ivan Shadr; a year earlier the same subject had appeared on the gold chervonets coin of 1923.

Issue history

The three chervontsa was the first note of the series issued in the name of the State Bank of the USSR rather than the RSFSR; it circulated from 15 August 1924. According to the note, three chervontsa equal 5 zolotniks 42¾ doli (23.23 g) of pure gold. Designed by Ivan Dubasov, engraved by Anton Vasyutinsky. Specimens survive perforated "ОБРАЗЕЦ" — without signatures, serial numbers or seal.

Signatures

The note was signed by the whole management board of the State Bank of the USSR — the signatures depend on its composition. The first issue (1924, then again 1926-1929) carries chairman A. Sheinman's board (Sheinman, Tumanov, Katsenelenbaum, Mikhelman, Sher); the second (1925, a brief chairmanship of G. Pyatakov between Sheinman's two terms) carries Pyatakov's board (Pyatakov, Katsenelenbaum, Sher, Arkus). The perforated specimen carries the first board's signatures.

Appearance

The note is printed in black and red on a multicolour guilloché ground. At upper left is a sower, in the centre the USSR arms, at right the value and at lower left the seal of the State Bank of the USSR; the red serial number is repeated twice. The watermark shows an ornamental frame with the figure "3" in two circles in all four corners, the letters "ГБ", the words "ТРИ ЧЕРВОНЦА" and the year "1924". The back is blank; size 180 × 105 mm.

About the period

The chervontsy of 1924–1932 are State Bank of the USSR notes of 1, 2, 3 and 5 chervontsev with their gold content stated on them. All the denominations remained in circulation until the currency reform of 1947. More about the period “Chervonets”, 1924 — 1932

Coins and banknotes of this year: 1924

Specifications

Period

Chervonets

Face value

3 chervonetses: all issues

Issue type

Circulation

Material

Paper

Size

180 × 105 mm

Issuer

Goznak

Dominant color

black

Watermark

Yes

Demonetized

Dec. 14, 1947

Variants

Help estimate the varieties — use the “Estimate” button in a table row.

Year	Series	Print run	Price	Details
Issue 1 Chairman of the State Bank: Sheinman A.L. Members of the Board of the State Bank: Katsenelenbaum Z.S. Mikhelman D.D. Sher V.V. Tumanov N.G.
1924	—	—	Estimate	P# 197a	+ ☆
P# 197a
1924	—	—	Estimate	specimen Perforated "ОБРАЗЕЦ". P# 197s	+ ☆
specimen Perforated "ОБРАЗЕЦ". P# 197s
Issue 2 Chief Commissioner of the People's Bank: Pyatakov G.L. Members of the Board of the State Bank: Arkus G.M. Katsenelenbaum Z.S. Sher V.V.
1924	—	—	Estimate	P# 197b	+ ☆
P# 197b
1924	—	—	Estimate	specimen Without signatures, serial numbers or seal. P# 197s	+ ☆
specimen Without signatures, serial numbers or seal. P# 197s