-40%
CCCP Old 1961 Lenin Russia Note Money Collection Cold War Lot Set Sale USSR
$ 0.52
- Description
- Size Guide
Description
USSR Currency Set Series 1961 "Khrushchev Reform"What You See Is What You Get
Lot G120: Cold War Era lot, authentic Soviet Union 1961 Series of banknotes. You get:
(1x)
1 Rouble
-
National emblem of the Union of Soviet Socialist Republics
(1x)
3 Roubles
-
Vodovzvodnaya Tower and the Grand Kremlin Palace in Moscow
(1x)
5 Roubles
-
Spasskaya Tower of the Moscow Kremlin
(1x)
10 Roubles
-
Bust of Vladimir Lenin (facing left)
(1x) 25
Roubles -
Bust of Vladimir Lenin (facing right)
The notes are as pictured; clean and sound, and
no
funky aroma! What you see is what you get. Makes a nice gift pack for the Old Cold Warrior, student, educator, or history buff in your life!
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Q: What am I buying, and why would I want it?
A: The notes are from the former Soviet Union and were issued from 1961, at the height of the Cold War, up until its abrupt end in 1991. They were
demonetized and
withdrawn from circulation in 1993. The picturesque collection is a memento of a time not so very long ago when Humanity stood on the precipice of nuclear extinction, and when an "Evil Empire" which had murdered millions, fell almost bloodlessly. You will hold history in your hands
.
These banknotes are from the 1961 series of Soviet rubles, the "Khrushchev Reform," and were in common circulation at the time of the Soviet collapse. It was the most moderate adjustment of the Soviet ruble, and the longest lasting currency reform of the USSR. They were to be phased out by new notes of the 1991 Pavlov Reform (see my other offers).
In a socialist republic of Workers and Peasants, that was supposed to equitably distribute the USSR's collective wealth according to the "scientific" principles of Karl Marx, the Soviet government had the odd habit of regularly debauching its currency, and defrauding those very same Workers and Peasants.
Inflation and mismanagement of the command economy routinely ruined the ruble. In most cases the government would issue new notes in exchange for old at 10:1, 100:1, 1000:1, or even higher rates; make a few minor price adjustments to food and housing costs; and maybe lower a tax or two, but they would largely leave pay rates alone, thereby sticking the Workers and Peasants with the costs of the inflation. That these shock adjustments would regularly pauperize the proletariat didn't seem to matter much to the Comrades in the Kremlin, because that's what they had intended to do. Such was the price of socialist equality.