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      The Urals Francs

The URALS francs are the notes printed in Ekaterinburg (formerly Sverdlovsk) for posssible circulation in the Sverdlovsk province in the same framework like Nyzhny Novgorod locals but never issued. A referendum was held in 1993 on the creation of the Urals Republic in the Sverdlovsk province with 84% of the people “FOR” with the main idea being to spend mainly locally the money earned locally. On October 27, 1993 the new republic was proclaimed but on Nov. 10, 1993 President Yeltsin sacked the governor Eduard Rossel’ and the idea was dead. (See Argumenty & Fakti, N 22 (971), June 1999).

Actually the following nominal values are known: 1, 5, 10, 20, 50, 100, 500 & 1000 francs.

The notes of 1, 5, 10, 20 and 50 francs were used STAMPED at the canteen of the metallurgy plant at Serov (Sverdlovsk province) and irrespective of the nominal value they had the real value of 7R. (the cost of one meal) BEFORE AUGUST 1998. There are different types of ink stamps of the plant. ONLY THOSE STAMPS BEARING THE NAME OF THE SEROV METALLURGY PLANT (e.g. TECHNOGRAD SEVERNYI) OR RELATING TO IT ARE LEGITIMATE. Known are the Urals francs with random stamps as fakes.

The Urals francs were issued at Serov because one of the Yekaterinburg activists Anton Bakov closely associated with the idea of “own” money was appointed as the plant’s manager.

The notes are listed in Ryabchenko catalogue for Russia (2000) under 17729-17733.

These notes represent a very interesting case of status reversal. First they were planned as provincial money but were never issued then reversing their status to private money (scrip) having been brought in the catalogue exactly under the latter case.

It should be noted that the name of the city is Yekaterinburg but the name of the province is Sverdlovskaya oblast'. There are two signatures on the notes – chairman of the board and treasurer and it is not known to whom they actually belong.

Famous personalities of the Urals region are depicted in the middle of the notes:

1 franc – Ibak, local mithological figure ??????

5 francs – Nikita Demidov (Nikita Demidovich Antufiev 1656-1725, organizer of Russian metal factories in the Urals

10 francs – A.B. Anossov , ???? there was Pavel P. Anossov (1799-1851), metallurgy engineer.

20 francs – Dmitry N. Mamin-Sibiryak (1852-1912), Russian writer

50 francs – Mikhail V. Nesterov (1962-1942), Russian painter

100 francs – Dmitry I. Mendeleev, famous chemist, creator of the Table of Elements

500 francs – Serguei P. Dyaguilev(1872-1929), stage manager

1000 francs – Piotr I. Chaikovsky, Russian composer

M.Istomin
April 2002
Kharkov
Ukraine