Early Soviet Russian “Settlement Token”- 1 Ruble- 1919-1921

Offered is an original 1 Ruble Settlement Token (Расчётный Знак / Raschetnyy Znak) issued by the Russian Soviet Federative Socialist Republic (RSFSR) during the turbulent years following the Russian Revolution.

These emergency paper currency issues were produced during the Russian Civil War and the early formation of the Soviet state, when the government faced severe monetary instability. Rather than functioning as traditional postage stamps, these were officially issued settlement tokens intended to circulate alongside state-issued credit notes.

The front features the early Soviet state emblem with the iconic hammer and sickle, wheat wreaths, and the revolutionary slogan:

“Workers of all countries, unite!”

The inscription below states that the settlement token was obligatory for circulation on an equal basis with state credit notes, illustrating the emergency monetary reforms of the period.

The reverse displays an ornate multicolor security design with the denomination 1 Ruble, printed using intricate anti-counterfeiting patterns typical of early Soviet financial instruments.

Historical Significance

Issued during one of the most unstable periods in Russian history, RSFSR settlement tokens represent the Soviet government’s efforts to stabilize the economy in the aftermath of the Russian Revolution and Civil War. These fascinating pieces bridge the gap between paper money, fiscal instruments, and emergency currency, making them highly collectible among enthusiasts of Russian history, Soviet memorabilia, and world currency.

Unlike modern banknotes, these early issues reflect the economic uncertainty of the era and the rapid transformation of the newly established Soviet government.

Condition

Original period example showing light circulation wear, minor fold lines, and expected edge wear consistent with age. The printed design remains sharp with strong color and excellent eye appeal. Please review all photographs carefully for the exact condition of this historic piece.

A desirable and affordable original artifact from the formative years of the Soviet Union, ideal for collectors of Russian currency, Soviet history, revolutionary memorabilia, and early 20th-century financial documents.