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<p>[QUOTE=&quot;KLJ, post: 73168, member: 1910&quot;]The bottom note is in fact a gold cetificate, although not like any gold certificate we&#039;ve ever issued.&nbsp; It was redeemable for gold, but the printing run wasn&#039;t limited.&nbsp; So there were more notes issued than gold to back them.&nbsp; The Bolsheviks did this during the &quot;war communism&quot; era in an effort to end the need for money in Russia.&nbsp; It almost worked.&nbsp; The Bolsheviks found, however, that there was at least a small need for money.&nbsp; But they did such an effective job destroying the ruble that they had to issue a new currency - the Chervonetz (it means &quot;red&quot; in Russian) - in 1923.&nbsp; I don&#039;t know when the ruble was re-introduced, but my own knowledge of history suggests it occured during the Great Patriotic War (WW II).</p><p><br /></p><p>I visited my uncle this weekend, and he translated mine - I have one denominated 500 rubles.&nbsp; He&#039;s formerly the Director of the Institute for East European and Russian Studies at Indiana University, and so is fluent in a number of Slavic languages.&nbsp; We also looked up in some of his books the history of the economics of the era.[/QUOTE]</p><p><br /></p>

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