World Paper Money Value and Identification Guide




Paper Money Values - Russia

Russia is one of the world’s oldest producers of paper money. The first notes, called state assignats, were issued in 1769 and denominated in rubles, which remain the official currency. In 1843 the assignat system was replaced by the state credit note system. In 1897 Russia adopted the gold standard. Older notes were destroyed as the public exchanged them for new notes, and as a result pre-1898 Russian paper money is particularly scarce. The 20th century saw multiple major eras of paper money production as the county transitioned through the Russian Revolution, two world wars, and the rise and ultimate dissolution of the Soviet Union. Today paper money denominated in rubles is issued by the Central Bank of the Russian Federation.

Provisional Government State Credit Notes (1917)

Russia Paper Money 5 Rubles 1909
Russia Paper Money 5 Rubles 1909

  • Denomination: 5 Rubles
  • Issue Date: 1909 (1917-1918)
  • Reference: 35ab2
  • Variety: Block УA 044 - 200, УБ 401 - 510; issued by the R.S.F.S.R.; lower signature: Baryshev
  • Authority: Gosudarstvenniy Bank
  • Printer: Expedition of State Securities
  • Front: Arms
  • Back: Arms
  • Watermark: Value Repeated
  • Signatures: Baryshev
  • Grade: Superb Gem UNC 67 - PMG
  • Sale Date: May 2020
  • Price: $44.00



Russia Paper Money 1000 Rubles 1917
Russia Paper Money 1000 Rubles 1917

  • Denomination: 1000 Rubles
  • Issue Date: 1917
  • Reference: 37b1
  • Authority: Russian Soviet Federative Socialist Republic
  • Back: Duma Building - Moscow
  • Signatures: Baryshev
  • Grade: VF - Seller Graded
  • Sale Date: Dec. 2019
  • Price: $8.51

State Treasury Notes - 1918 Issue

Russia Paper Money 10000 Rubles 1918
Russia Paper Money 10000 Rubles 1918

  • Denomination: 10000 Rubles
  • Issue Date: 1918
  • Reference: 97b2
  • Variety: Signature Schmidt - Watermark Vertical
  • Authority: Gosudarstvenniy Bank
  • Printer: Expedition of State Securities
  • Watermark: Vertical Lozenge
  • Signatures: Schmidt
  • Grade: VF+ - Seller Graded
  • Sale Date: Apr. 2020
  • Price: $19.50

State Currency Notes - 1922 Issue

Russia Paper Money 50 Rubles 1922
Russia Paper Money 50 Rubles 1922

  • Denomination: 50 Rubles
  • Issue Date: 1922
  • Reference: 132a1
  • Variety: Right signature Belyayev
  • Authority: Narodniy Komissariat Finantsov
  • Printer: Federal State Unitary Enterprise - Goznak
  • Watermark: Stars
  • Signatures: Belyayev
  • Grade: XF+ - Seller Graded
  • Sale Date: May 2020
  • Price: $16.10

State Treasury Notes - 1947 Issue

Russia Paper Money 1 Ruble 1947
Russia Paper Money 1 Ruble 1947

  • Denomination: 1 Ruble
  • Issue Date: 1947
  • Reference: 216
  • Authority: State Treasury
  • Printer: Federal State Unitary Enterprise - Goznak
  • Front: Arms
  • Back: Hammer and Sickle
  • Grade: Gem UNC 66 EPQ - PMG
  • Sale Date: May 2020
  • Price: $99.00

State Bank Notes - 1961 Issue

Russia Paper Money 100 Rubles 1961
Russia Paper Money 100 Rubles 1961

  • Denomination: 100 Rubles
  • Issue Date: 1961
  • Reference: 236
  • Authority: Gosudarstvenniy Bank SSSR
  • Printer: Federal State Unitary Enterprise - Goznak
  • Front: Vladimir Ilyich Lenin
  • Back: Spasski Tower and Kremlin in Moscow
  • Watermark: Vladimir Ilyich Lenin
  • Grade: Gem UNC 66 EPQ - PMG
  • Sale Date: Mar. 2020
  • Price: $39.88

North Russia Government Bank Red Regime

Russia Paper Money 5 Rubles 1918
Russia Paper Money 5 Rubles 1918

  • Denomination: 5 Rubles
  • Issue Date: 1918
  • Reference: S102
  • Authority: Government Bank - Archangel Branch
  • Printer: Expedition of State Securities
  • Grade: Uncirculated 62 - PCGS
  • Sale Date: Apr. 2020
  • Price: $41.30

Provisional Siberian Administration (1918-1919)

Russia Paper Money 5 Rubles 1918
Russia Paper Money 5 Rubles 1918

  • Denomination: 5 Rubles
  • Issue Date: 1918
  • Reference: S817
  • Authority: Provisional Siberian Administration
  • Front: Coat of Arms (double-headed eagle)
  • Back: Coat of Arms (two wolves)
  • Grade: EF - Seller Graded
  • Sale Date: Dec. 2019
  • Price: $8.50

Russia Paper Money 10 Rubles 1918
Russia Paper Money 10 Rubles 1918

  • Denomination: 10 Rubles
  • Issue Date: 1918
  • Reference: S818
  • Authority: Provisional Siberian Administration
  • Front: Coat of Arms (double-headed eagle)
  • Back: Coat of Arms (two wolves)
  • Grade: EF - Seller Graded
  • Sale Date: Dec. 2019
  • Price: $20.50

Russia Paper Money 50 Kopeks 1919
Russia Paper Money 50 Kopeks 1919

  • Denomination: 50 Kopeks
  • Issue Date: 1919
  • Reference: S828
  • Authority: Provisional Siberian Administration
  • Printer: American Bank Note Company (no imprint)
  • Front: Coat of Arms (double-headed eagle)
  • Grade: AUNC - Seller Graded
  • Sale Date: Dec. 2019
  • Price: $8.50

Russia Paper Money 1000 Rubles 1919
Russia Paper Money 1000 Rubles 1919

  • Denomination: 1000 Rubles
  • Issue Date: 1919
  • Reference: S863
  • Authority: Provisional Siberian Administration
  • Front: Coat of Arms (double-headed eagle)
  • Grade: F - Seller Graded
  • Sale Date: Dec. 2019
  • Price: $22.50

1917 State Bank Savings Loan Notes and Coupons Issue

Russia Paper Money 200 Rubles 1917
Russia Paper Money 200 Rubles 1917

  • Denomination: 200 Rubles
  • Issue Date: 1917
  • Reference: S882a
  • Authority: State Bank - Irkutsk Branch
  • Printer: American Bank Note Company
  • Front: Woman with Child - Sword and Shield
  • Back: Interest Table
  • Grade: VF - Seller Graded
  • Sale Date: Dec. 2019
  • Price: $15.50

Provisional Government Savings Loan Notes Issue

Russia Paper Money 200 Rubles 1920
Russia Paper Money 200 Rubles 1920

  • Denomination: 200 Rubles
  • Issue Date: 1920
  • Reference: S899
  • Authority: Siberian Revolution Committee
  • Printer: American Bank Note Company
  • Front: 1917 Issue Overprinted 1920 by the Bolsheviks - Woman with Child - Sword and Shield
  • Back: Interest Table
  • Grade: F - Seller Graded
  • Sale Date: Dec. 2019
  • Price: $24.05