50 rubles — RSFSR (1923) — 2nd issue

Pick# 167, Pick# 167a, Pick# 167b

Photo: Казначейство РСФСР · Wikimedia Commons

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The second sovznak issue of 1923

The second and final sovznak issue was denominated at 1:100 to the 1922-series rouble. Eleven denominations from 50 kopecks to 5000 roubles; six of them (1 to 100 roubles) exist in two reverse-text revisions — seven- and eight-line, differing only in wording — shown on the site as separate "1st issue"/"2nd issue" cards. All were printed at the First Moscow Goznak factory, on paper with a corner watermark except for the individual exceptions noted at each denomination. Except for 50 kopecks, which carries no signatures or serial numbers, the notes are signed by Grigory Sokolnikov, People's Commissar of Finance (who replaced Nikolai Krestinsky in that post), together with a cashier set by a repeating block-number cycle. The seven lower denominations (50 kopecks to 100 roubles) went into circulation on 1 January 1923; the four higher ones (250, 500, 1000 and 5000 roubles) followed later, on 9 February 1923. Acceptance stopped everywhere on 10 May 1924, and the notes were withdrawn on 31 May 1924 (30 June 1924 in the Yakut ASSR). Most denominations are known with a perforated «ОБРАЗЕЦ» specimen and a red «ОБРАЗЕЦ» overprint specimen.

Two watermark forms

The watermark is corners across most of the series and, on a late sub-range, large shadow stars; signed by all ten cashiers there, same as on the main range.

Appearance

Both sides are grey-brown, on a grey ground: a guilloché pattern with the value «50» and the word «РУБЛЕЙ», the RSFSR coat of arms at upper left, a serial number printed twice, the year «1923», and the signatures of the People's Commissar of Finance and a cashier. The reverse has an ornamental frame and the value in the corners, the text set in eight lines. The note measures 138 × 90 mm.

Specifications

Period: State currency notes (1923)
Currency: 1 ruble = 100 kopecks
Issue type: Circulation
Material: Paper
Issuer: Goznak
Dominant color: gray
Watermark: Yes

Variants

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People's Commissar of Finance of the RSFSR: Sokolnikov G.Y.

Year	Series	Cashier	Print run	Price	Details
1923	—	—	—	Estimate	Specimen, perforated "ОБРАЗЕЦ". P# 167
1923	—	—	—	Estimate	Specimen, red overprint "ОБРАЗЕЦ". P# 167
1923	АД	Beliayev A.N.	—	Estimate	Watermark: corners. P# 167a
1923	АД	Dyukov F.Y.	—	Estimate	Watermark: corners. P# 167a
1923	АД	Kozlov M.M.	—	Estimate	Watermark: corners. P# 167a
1923	АД	Kolosov I.	—	Estimate	Watermark: corners. P# 167a
1923	АД	Loshkin N.K.	—	Estimate	Watermark: corners. P# 167a
1923	АД	Onikov L.I.	—	Estimate	Watermark: corners. P# 167a
1923	АД	Porokhov I.G.	—	Estimate	Watermark: corners. P# 167a
1923	АД	Sapunov A.A.	—	Estimate	Watermark: corners. P# 167a
1923	АД	Selyavo A.A.	—	Estimate	Watermark: corners. P# 167a
1923	АД	Silayev A.P.	—	Estimate	Watermark: corners. P# 167a
1923	АД	Beliayev A.N.	—	Estimate	Watermark: large shadow stars. P# 167b
1923	АД	Dyukov F.Y.	—	Estimate	Watermark: large shadow stars. P# 167b
1923	АД	Kozlov M.M.	—	Estimate	Watermark: large shadow stars. P# 167b
1923	АД	Kolosov I.	—	Estimate	Watermark: large shadow stars. P# 167b
1923	АД	Loshkin N.K.	—	Estimate	Watermark: large shadow stars. P# 167b
1923	АД	Onikov L.I.	—	Estimate	Watermark: large shadow stars. P# 167b
1923	АД	Porokhov I.G.	—	Estimate	Watermark: large shadow stars. P# 167b
1923	АД	Sapunov A.A.	—	Estimate	Watermark: large shadow stars. P# 167b
1923	АД	Selyavo A.A.	—	Estimate	Watermark: large shadow stars. P# 167b
1923	АД	Silayev A.P.	—	Estimate	Watermark: large shadow stars. P# 167b