2000 griven 1918

Common. eBay market data shows these notes regularly selling in the $5-$144 range depending on condition, with multiple examples sold annually across various grades. Even specimens graded AUNC/PMG 65 command prices in the $100-$150 range, which indicates steady collector demand but substantial availability in the market. The Ukrainian State issued multiple denominations and quantities of this series, and the absence of extraordinary scarcity indicators in both print run history and current market activity (prices typical for early 20th-century Eastern European notes) confirms common status despite the historical significance of the issuing authority.

This note was issued during the tumultuous period of Ukrainian independence following the Russian Revolution, when the Ukrainian State (Українська Держава) sought to establish its own currency and financial sovereignty. The elaborate ornamental design with floral and geometric motifs reflects the artistic traditions of the period, while the legal text on the reverse—asserting that the notes are 'secured by all the property of the State' and backed by a specific gold standard of '8.712 parts of fine gold' per hryvnia—demonstrates the issuing authority's attempt to establish credibility and confidence in the new currency during a period of considerable political and economic uncertainty.

This banknote features a classical ornamental design typical of early 20th-century Eastern European currency. The obverse presents an elaborate geometric and floral border in red/rust tones framing a central composition with a light blue diamond-pattern background. The denomination '2000' appears prominently at the top center and in corner positions. Decorative medallion elements with scrollwork and arabesque designs occupy the center field, with the issuing information in Cyrillic script arranged in an ornamental layout. The reverse employs a similar aesthetic with red-on-cream printing, featuring large decorative numerals spelling out '2000 ГРИВЕНЬ' in the center, surrounded by a wavy circular pattern background. Legal text including counterfeiting warnings and gold backing declarations is printed in fine detail. No portraits or specific landmarks are depicted; instead, the design emphasizes abstract ornamental and geometric elements that convey governmental authority and financial legitimacy.

OBVERSE: '2000' (denomination numeral); 'УКРАЇНСЬКА' (Ukrainian); '2000 ДЕРЖАВА 2000' (2000 State 2000); 'Дирекція Кредитів' (Directorate of Credits); 'ДВІ ТИСЯЧІ ГРИВЕНЬ' (Two Thousand Hryvnias); 'Директора Верховного Банку' (Director of the Supreme Bank); 'РОКУ' (Year); '1918' (year of issue). REVERSE: '2000' (denomination); 'ГРИВЕНЬ' (Hryvnias); '2000 ГРИВЕНЬ' (2000 Hryvnias); 'Кредитові білети Української Держави забезпечуються всім майном Держави. Кредитові білети Української Держави котять паралей і золотом.' (Credit notes of the Ukrainian State are secured by all the property of the State. Credit notes of the Ukrainian State are equal to gold in value.); 'За фальшування державних кредитових білетів виповідних карастьсе побільшеннням прав і гюрмо.' (For counterfeiting state credit notes, corresponding punishment is imposed.); '1 ГРИВНЯ МІСТИТЬ' (1 Hryvnia Contains); '8,712 ДОЛІ ШИРОГО ЗОЛОТА' (8.712 Parts of Fine Gold); Serial and reference markings.

Intaglio (engraved) printing with multiple color passes, utilizing red, blue, green/olive, and cream inks applied to paper stock with a visible diamond-pattern watermark. The elaborate border designs, fine geometric patterns, and detailed legal text indicate professional security printing characteristic of state currency production in this era. The multi-color application and crisp definition of ornamental elements across both sides demonstrate sophisticated engraving and printing registration.

Pick number P-25 corresponds to the standard 2000 Hryvnias issue of 1918. Varieties for this denomination are primarily distinguished by signature combinations and serial number prefixes associated with different printing runs and release batches. The visual analysis indicates serial number prefix 'А' with specific numbering sequences visible on this example. Further variety classification would require detailed comparison of signature blocks and serial number characteristics against cataloged reference examples, though no major varieties or overprints are apparent from the current specimen.