Chervonets
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Chervonets is the traditional Russian name for large foreign and domestic gold coins. The name comes from the Russian term червонное золото, meaning 'red gold' – the old name of a high-grade gold type
Chervonets 1922
Ten-chervonets note, 1937
A 1976 remint of a 1923 Soviet Russian golden chervonets (10 roubles)
In the early Soviet Union, there was a seven-year period of hyperinflation, running from the earliest days of the Bolshevik Revolution in November 1917 to the reestablishment of the gold standard with
Chervonets
…was based which led to difficulties importing gold chervonet coins into the UK and other European countries during the Russian invasion of Ukraine. Hyperinflation in early Soviet Russia Монеты России и СССР Archived 2021-03-05 at the Wayback Machine…
Lottery ads in Petrograd in 1921. The grand prize is 20 billion rubles
The crashing value of the Soviet ruble in 1922 moved the government to revalue these 250 ruble postage stamps with a 100,000 ruble overprint.
ЗСФСР 250 миллионов 1924 аверс