Soviet money: the history of appearance, cost, interesting facts

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the first time on such terms as the Soviet money, it became known back in 1919.It was at that time were born the very first note.Subsequently began to mint and coins of various denominations from both the precious metals, as well as from various alloys.Notable is the fact that they are produced not only rather long period (up to 1991), but in different countries.

place and time of issue of the first Soviet money

So, the first mention of replacing the old Soviet money on securities came back in 1917.However, because of various disagreements between the members of the monetary committee of replacement period lasted for 2 years.

We should not forget that the Soviet money differed from each other not only for its nominal value, and ornaments, as well as special cliché.In the most expensive of them was the emblem of the Provisional Government.On having less value was depicted normal pattern of geometric shapes.

So, the first Soviet banknotes came into circulation only in 1919 by the decision of the Provisional Government, and they are directly produced by the Mint.

It is an interesting fact, which some historians prefer to remain silent and ignorant people simply do not know.For example, some paper money, the USSR had a pattern with a swastika.The frequency, it concerns large denominations, which later received the special name of banknotes.However, this information applies only to banknotes.

But coins appeared a little later, the exact date is difficult to call, but most historians say that it happened in 1924.

notable is the fact that, despite their coinage in the country, yet a large part of the money of the USSR performed abroad, namely in England.

Value data cash now

Despite the fact that the Soviet Union is long gone, and therefore, there is no currency in circulation at the time, they still are quite high demand.Someone just collects them, and someone makes a sale.The price of paper Soviet money today is much higher than the value of coins of the same time.For example, in one banknote 10 rubles can receive from 500 to 1500 rubles.For the coin 1 ruble - from 100 to 350 rubles.

This is explained by the fact that, firstly, the banknotes were issued initially less, and secondly, to preserve the coins for so long in good condition much easier.In addition, most of these Soviet banknotes had a higher face value than its metal counterparts.

can often be seen in the various auctions situation where Soviet money, the nominal price of which is high, sold at low cost and vice versa.As may occur for various reasons.This higher cost of money are issued in limited quantities, or those notes, the issue of which was devoted to the significant date.

In any case, to profitably sell, buy or just to properly assess the Soviet money, should be addressed to the competent parties in this matter or in the special clubs numismatists.After all, the Soviet paper money price changes frequently.

role of the Soviet currency in the modern economy

Upon termination of participation in the economic circulation of money the Soviet Union has been more than two decades.But even today, they have a significant impact on the banking activities of the present.The reason is that the collapse of the USSR all bank deposits were officially frozen.At this point in time it is carried out for compensation.

single tariff under which such payments would have occurred, to date there.The official exchange rate of 86: 1.That is to contribute to 10 rubles in the USSR today laid payment of 860 rubles.

At first glance, this may seem a substantial compensation.But if you take into account the extent to which increased the cost of food and utilities, it may seem like just a little insignificant.

But while today the Ministry of Finance considered the possibility of reducing such compensation.The calculation will be in a ratio of 4: 1.And it is even less, but so far there is no reliable information confirming the approval of the proposal.

Conditions for issuing compensation

Despite the fact that the Soviet people almost all the money kept in the bank, and get even meager compensation can not all.

So, banks give out compensation only to persons born in certain years.The amount of compensation is also calculated based on this factor.For example, those born in the interval 1945-1972 gg., The payment shall be issued in the ratio of 3: 1.those who do not fall within this range, the calculation takes place on the basis of the ratio of 2: 1.

But even these fairly stringent restrictions, get their legally owed money can not all.The fact that the payment of funds to people born in a certain period of time, is given a specific deadline.If we turn to the bank after it expires, you can forget about the payments at all.

Therefore, to avoid such an unpleasant situation, it is desirable to consult on this issue to the bank beforehand.

Interesting facts

I'm sure many have heard people who have lived in the Soviet Union, today sigh of prices at that time.This is not surprising.

First, was the extremely low level of inflation, so small that it was not even noticeable.

Second, despite the low wages people lived fully, because the prices were extremely low.For example, today you can buy for a ruble?The answer is - nothing.But in the Soviet Union could buy bread and milk, and a little candy.And all this for one ruble.

Of course, these prices are back to back, however, as the Soviet money, it is already impossible.However, remember that these prices and the money took place in our history.