RUSSIA 3 RUBLES from 1903 P-9a

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Country and Pick Number: Russia; Pick P 9a

First year of issue: 1903

Denomination and currency: 3 Rubles

Issue type :  uncirculated

Name of Issuer / Bank:State : Regular Issue

Description of paper money: Banknote 1903. Black on green and multicolor. Russian eagle at left, monogram at right.  Series  ГЬ 079720

Back - Black on green and multicolor.Watermark: Value. National motives.

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During the czar rule Russian rubles were one of the worlds highly valued currencies as they were backed by serious stockpiles of gold. During the Bolshevik revolution, most of that gold was shipped out of Russia, so the Soviet ruble’s did not have much value. It did not matter anyway as the Soviet rules kept fixed rate of ruble. In 1993 Russian government has removed price fixing, but it continues to intervene into currency markets to keep the value of ruble at a lower rate than it actually is to stimulate Russian export producers.

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    RUSSIA  3 RUBLES from 1903 P-9a

    RUSSIA 3 RUBLES from 1903 P-9a

    Country and Pick Number: Russia; Pick P 9a

    First year of issue: 1903

    Denomination and currency: 3 Rubles

    Issue type :  uncirculated

    Name of Issuer / Bank:State : Regular Issue

    Description of paper money: Banknote 1903. Black on green and multicolor. Russian eagle at left, monogram at right.  Series  ГЬ 079720

    Back - Black on green and multicolor.Watermark: Value. National motives.