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Money of the Russian Revolution: 1917-1920

During the Russian Revolution and the ensuing Civil War, more than twenty thousand kinds of banknotes were used throughout the vast expanse of the former Russian Empire. At that time, money was issued not only by the official authorities, such as the Imperial Government, the Provisional Government, and, later, the Bolshevik Government, but also by Generals Denikin, Wrangel, and Yudenich, Admiral Kolchak, Atamans Semyonov and Petliura, Hetman Skoropadskyi, and many other great and small rulers of Russia. Russian money was manufactured in Great Britain, Germany, Sweden, and the United States. To some degree, money served as a manifesto of the issuing government, reflected in the various symbols depicted on the banknotes.

Using new archival data, this book expands and, in a number of cases, revises the well-established view of the daily life of people during the Revolution, and dispels the settled myth about how the natural economy prevailed in the years of the Russian Civil War.

The book presents unique illustrations taken from the author’s private collection: the “Romanov” banknotes; postage stamps used as currency; “Duma” money; and 1917 banknotes known as “kerenkies”, “morzhovkies”, “tchaikovkies”, “Northern rubles”, “krylatkies”, “rodzyankies”, “the Don rubles”, and “kolchakovkies”. Some of these banknote designs were made by well-known Russian artists, such as Ivan Bilibin, Sergey Chekhonin, and Georgy Narbut.

The book is addressed to historians, economists, and all readers interested in Russian history and economy.


Mikhail Khodjakov is a Doctor of History and a Professor specializing in the political and socio-economic history of 20th century Russia. He has served as Head of the Department of Contemporary History of Russia in the History Faculty at Saint-Petersburg State University since 2003, and has more than 180 scientific publications to his credit, including several monographs and textbooks in his fields of interest and research.

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Buy This Book

ISBN: 1-4438-6681-4

ISBN13: 978-1-4438-6681-1

Release Date: 20th November 2014

Pages: 265

Price: £47.99

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