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5 000 000 rublei 1923

Europe › Russia
P-S7201923Azerbaijan S. S. R.AU
5 000 000 rublei 1923 from Russia, P-S720 (1923) — image 1
5 000 000 rublei 1923 from Russia, P-S720 (1923) — image 2

About This Note

This is a 5,000,000 ruble banknote issued by the Azerbaijan S.S.R. in 1923, graded AU condition. The note displays exceptional ornamental artistry with elaborate Cyrillic and Arabic script dual-language design, decorative columns with floral scrollwork, and symmetrical rococo-style ornamentation on both sides. The well-preserved cream and beige coloration, combined with the complex engraved security features and intact serial number (AB 0078), reflects the outstanding condition of this early Soviet-era hyperinflation currency.

Rarity

Common. The 5,000,000 ruble denomination from the Azerbaijan S.S.R. 1923 issue (Pick S720) was part of the massive hyperinflation currency printing of the early Soviet period. These notes were produced in substantial quantities given the economic crisis requiring extreme denominations. While early Soviet currency is historically significant, this specific denomination and issuer remain readily available in numismatic markets, with multiple examples regularly offered at moderate prices. The AU condition grade enhances collectibility but does not change the fundamental abundance of this issue.

Historical Context

This banknote represents the severe hyperinflation crisis of the Soviet Union in the early 1920s, following the Russian Civil War and economic devastation. The Azerbaijan S.S.R., as a newly incorporated Soviet socialist republic, issued this extraordinarily high denomination note as a practical necessity when the ruble's value had collapsed. The dual Cyrillic-Arabic script and references to the People's Commissariat of Finances reflect the transitional administrative framework of the early Soviet period and the multicultural composition of the Azerbaijan SSR.

Design

This banknote features a sophisticated Art Nouveau and rococo-influenced design characteristic of early Soviet currency production. The front displays symmetrical decorative columns with Corinthian capitols flanking an ornamental central panel, with star motifs in all four corners representing Soviet symbolism. The dual Cyrillic-Arabic text in the central ornamental panel served both administrative (Cyrillic for Russian Soviet officials) and practical purposes (Arabic for the Azerbaijan SSR's Muslim-majority population). The reverse features the Soviet coat of arms—a star encircling hammer and sickle within a circular frame—positioned prominently at top center, with large denomination numerals (100,000) housed in ornamental circular badges at the bottom corners. The extensive scrollwork, botanical ornamentation, and pink/rose-colored central cartouche create an elaborate, pre-revolutionary aesthetic adapted for Soviet purposes. No portraits appear on this denomination, reflecting early Soviet policy against depicting individual leaders on currency.

Inscriptions

FRONT SIDE: 'ПРОЛЕТАРИИ ВСЕХ СТРАН, СОЕДИНЯЙТЕСЬ!' (Workers of all countries, unite!) - Marxist revolutionary motto; 'ПЯТЬ МИЛЛИОНОВ РУБЛЕЙ' (Five million rubles); '1923 ГОДА' (Year 1923); 'НАРОДНЫЙ КОМИССАР ФИНАНСОВ' (People's Commissar of Finances); 'Обеспечиваемая Всей Достояния и Республики' (Guaranteed by the entire property and Republic); Serial number: AB 0078. BACK SIDE: 'АЗЕРБАЙДЖАНСКАЯ СОЦИАЛИСТИЧЕСКАЯ СОВЕТСКАЯ РЕСПУБЛИКА' (Azerbaijan Socialist Soviet Republic); 'ПЯТЬ МИЛЛИОНОВ РУБЛЕЙ' (Five million rubles); Denomination markings of 100,000 shown in corner circular ornaments.

Printing Technique

This banknote was produced using traditional intaglio engraving and letterpress printing methods, characteristic of Soviet State Security Printing works. The intricate ornamental detail, fine line work in the scrollwork patterns, and crisp registration of both Cyrillic and Arabic text indicate skilled engraving plates and multi-pass printing. The complex border designs and decorative elements served both aesthetic and security purposes, making counterfeiting difficult with period technology. The note exhibits the hallmark characteristics of 1920s Soviet security printing: precise ornamental reproduction, careful ink registration, and elaborate decorative security features rather than modern mechanical security devices.

Varieties

Serial number AB 0078 is noted on the example pictured. Known varieties for this Pick number include different serial number prefixes (AB series being common), though consistent signatures from the People's Commissariat of Finances official are expected. The Arabic text variant (as opposed to notes with exclusively Cyrillic) is standard for Azerbaijan SSR emissions. No major overprint varieties or significant printing variations are documented for this specific Pick number, though minor differences in ornamental detail clarity may occur between printing runs.