1919 Russian Socialist Federative Soviet Republic 500 Ruble Banknote (Babylonian Note) | A representative banknote that tells the history of the Russian Revolution | GoldSilverJapan
The 500 ruble banknote issued in 1919 by the Russian Socialist Federative Soviet Republic (RSFSR) is a highly renowned historical banknote known among banknote collectors worldwide as the "Babylonian Note." Issued during the turbulent period following the Russian Revolution, it is valued as an important monetary document symbolizing the historical turning point from the collapse of the Russian Empire to the establishment of the Soviet state. It was issued by the People's Bank of the Russian Socialist Federative Soviet Republic and produced as part of the 1919 series. At the time, Russia's economy was in turmoil due to World War I, the revolution, civil war, and rapid inflation, leading to a rapidly increasing demand for high-denomination banknotes. This 500 ruble banknote was born out of this historical context, serving not only as a means of payment but also as a propaganda tool to showcase the ideals of the new state after the revolution to the world. Today, it is widely known as a representative banknote of the Russian Revolutionary period and is highly valued as a historical document, political history document, and important item in banknote collections. At GoldSilverJapan, we present this 500 ruble banknote as one of the historical banknotes that are indispensable when discussing world history in the early 20th century.
This banknote is called the "Babylonian Note" because the reverse side has revolutionary slogans printed in multiple languages. The banknote features the famous communist slogan, "Workers of the World, Unite!", not only in Russian but also in German, French, Chinese, Arabic, Italian, English, and other languages. This multilingual writing evokes the multilingual culture of ancient Babylonia, which is why it has become known as the "Babylonian Note" among collectors abroad. The front of the banknote displays the official name of the Russian Socialist Federative Soviet Republic in Cyrillic script, with the face value of 500 rubles prominently displayed. It also includes the phrase "Guaranteed by all the assets of the Republic," an important message indicating the credit guarantee of the newly formed state. It is also an interesting historical document as it demonstrates the state's willingness to guarantee the value of the currency amidst the unstable economic situation after the revolution. Today, it has transcended its role as mere currency and is attracting attention as a subject of study in political thought, revolutionary history, and the history of the socialist movement.
The 1919 500 ruble banknote measured approximately 105 mm x 70 mm, making it a relatively small banknote. It was printed on paper by Goznak, the state-run printing agency at the time. The obverse design featured a complex background based on geometric patterns, which also served as an anti-counterfeiting measure. The reverse depicted the Soviet national emblem, surrounded by multilingual revolutionary slogans. The banknote prominently displayed the 500 ruble denomination in the center, achieving both legibility and symbolism. The banknote is also known for its numerous signature variations. Subtle variations have been identified based on the signatures of the People's Commissar of Finance and Treasurers of the time, and some specialist collectors even seek out these variations. This abundance of variations is one reason why this banknote has maintained its popularity over the years. It is a fascinating series not only from a historical perspective but also from the standpoint of banknote research.
This 500 ruble banknote is said to have been issued in 1919, but various serial numbers and prefixes exist in the collector market. Each banknote has a serial number printed on it consisting of letters and numbers, and these numbers differ from one banknote to another. Therefore, the number or symbol shown in the image may not match the banknote you actually receive. There may also be slight differences in the year of issue depending on the banknote series and printing lot. The photo shown is a representative example, and the actual product may differ in serial number, alphabetical prefix, signature combination, printing position, watermark placement, etc. In particular, revolutionary banknotes were issued in large quantities in a short period, so multiple variations have been found even for the same denomination. Therefore, please understand that "the serial number, year, signature, symbols, etc. may differ from the image" when purchasing. This is a common specification in the historical banknote market, and the differences in individual numbers are actually part of the appeal of collecting. GoldSilverJapan does not guarantee the specification of an individual number in principle, and may select and ship from our stock.
The 1919 500 ruble banknote was issued during a crucial historical period of turmoil following the Russian Revolution. The February and October Revolutions of 1917 led to the collapse of the Tsarist regime and the establishment of the Bolshevik government. However, civil war continued domestically, and the economy remained in a state of severe turmoil. Under these circumstances, a large volume of banknotes was issued, leading to rapid inflation. This banknote is a product of that era, simultaneously illustrating the instability of the monetary system and the efforts toward national reconstruction. In 1922, currency reform was implemented, and this 500 ruble banknote ceased to function as legal tender. However, its historical significance remains, and it is now sought after by collectors worldwide as a symbol of the Russian Revolution. In particular, banknotes with multilingual slogans are rare globally, reflecting the historical context of the international movement in which communist ideology unfolded. Because a single banknote condenses diverse themes such as political history, economic history, revolutionary history, printing history, and the history of the international labor movement, it is highly valued as a research resource.
FAQ (Frequently Asked Questions) What country is this banknote from? This is a banknote from the Russian Socialist Federative Soviet Republic (RSFSR).
FAQ: When was it published? 1919.
FAQ: What is the face value? It's 500 rubles.
FAQ: Why is it called the "Babylonian Notebook"? Because it has revolutionary slogans printed in multiple languages.
FAQ: What languages are spoken? Russian, English, German, French, Chinese, Arabic, Italian, and others have been confirmed.
FAQ: Who is the issuing authority? The People's Bank of the Russian Socialist Federative Soviet Republic.
FAQ: What are the dimensions? Approximately 105 x 70 mm.
FAQ: What is the material? It is made of paper. FAQ: Where is it printed? It is printed by Goznak.
FAQ: Can it still be used as currency? No, it expired in 1922.
FAQ: Will I receive a product with the same serial number as the image shown? No. Each product has a unique serial number.
FAQ: Are the years always the same? The year and printing details may vary depending on the publication series and individual differences.
FAQ: Are the signatures the same? There are variations in signatures used by cashiers and finance officers.
FAQ: Is it collectible? Yes. It is a popular banknote representing the Russian Revolution era and is collected all over the world.
FAQ: Does the price vary depending on the condition? Yes. Market value fluctuates depending on the condition, rarity of prefixes, signature combinations, etc.
FAQ: Does it have historical value? It has very high value and is known as an important banknote symbolizing the Russian Revolution and the founding of the Soviet Union.
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