Lot 1182: USSR STATE INTERNAL 12% LOAN 1927
29 October 2016
Brussels, BelgiumLive Auction
Description: 1927 MOSCOW. 12% Bond for 100 Rbls, specimen. blue, black, yellow. No 1234. The loan, to raise 200 million roubles, had the very high interest rate of 12%, suggesting a desperate financial situation. The bonds were to be repaid, depending on the series number, in the years to 1937. Facsimile signature of Mikhail Kalinin. Decorative border. Rare.
Condition Report: VF