500 Talonas "Coupon"

500 Talonas ("Coupon") - obverse500 Talonas ("Coupon") - reverse

© polisciprof (CC0)

Features

Issuer Lithuania
Period Republic (1990-date)
Type Standard banknote
Year 1992
Value 500 Talonas
Currency Talonas (1991-1993)
Composition Paper
Size 105 × 53 mm
Shape Rectangular
Demonetized 25 June 1993
Number
N#
210578
References P# 44
Tracy L. Schmidt (editor); 2019. Standard Catalog of World Paper Money. Modern issues 1961-present (25th edition). Krause Publications, Iola, Wisconsin, United States.
And 2 more volumes.

Series: 1992 Issue (Talonas System)

Obverse

Brown-violet on blue underprint.
Value on plant at center; brown shield of Coat of Arms at right.

Script: Latin

Lettering:
LIETUVOS RESPUBLIKA
TALONAS
500
1992
VERTYBINIS POPIERIUS. UŽ JO PADIRBINĖJIMĄ BAUDŽIAMA PAGAL ĮSTATYMĄ.

Translation:
Republic of Lithuania
Talonas
500
1992
Security. Counterfeit is punished according to the Law.

Reverse

Brown-violet on blue underprint.
Bear at center.

Script: Latin

Watermark

Large squarish diamond with symbol of the republic throughout paper.

500 Talonas ("Coupon") -  obverse

Printer

Spindulys AB, Kaunas, Lithuania (1928-2009)

Comments

Prime Minister Gediminas Vagnorius created the Talon in an attempt to control inflation. It was poorly planed and executed. It was also the beginning of an attempt to separate money from the Russian Ruble to make a new national currency in Lithuania. Later the talon to be replaced by Lithuanian litas. Talons were printed by 3 different companies. All outside of Lithuania. The first being printed in the United States. The first were literally a coupon rather than a bank note. (Sort of a rations ticket) They had to be used to purchase goods. Half ruble and Half talons. Employees were paid 80% in Rubles and 20% in Talons. Part of the scheme was to help control inflation. The citizens did not trust this system. It just made them buy less goods. On June 25, 1993, the litas was introduced at the rate of 1 litas = 100 talonas. Worthless talonas were recycled into toilet paper in the Grigiškės paper factory.

See more in: https://en.wikipedia.org/wiki/Lithuanian_talonas

 

UV activity:

© gyoschak

See also

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Date VG F VF XF AU UNC
1992  Photo $ 2.80

Values in the table above are expressed in USD. They are based on evaluations by Numista users and sales realized on Internet platforms. They serve as an indication only; they are not intended to be relied upon for buying, selling or exchanging. Numista does not buy or sell coins or banknotes.

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Past sales

Pictures Sale Date Grade Sold price
Picture 1 of a sold 500 Talonas ("Coupon")Picture 1 of a sold 500 Talonas ("Coupon")
Katz
Auction 93
Lot 404
Internet Archive
24 Aug 2023 UNC USD 6.48
(EUR 6.00)
(+ buyer's premium)
The lot includes several items.
Picture 1 of a sold 500 Talonas ("Coupon")Picture 1 of a sold 500 Talonas ("Coupon")
Katz
Auction 81
Lot 254
Internet Archive
29 Apr 2023 UNC USD 5.40
(EUR 5.00)
(+ buyer's premium)
The lot includes several items.
Picture 1 of a sold 500 Talonas ("Coupon")Picture 1 of a sold 500 Talonas ("Coupon")
Katz
Auction 81
Lot 255
Internet Archive
29 Apr 2023 UNC Unsold
Picture 1 of a sold 500 Talonas ("Coupon")Picture 1 of a sold 500 Talonas ("Coupon")
Katz
Auction 95
Lot 478
Internet Archive
16 Sep 2023 USD 33.48
(EUR 31.00)
(+ buyer's premium)
Picture 1 of a sold 500 Talonas ("Coupon")Picture 1 of a sold 500 Talonas ("Coupon")
Katz
Auction 68
Lot 868
Internet Archive
8 Oct 2022 USD 38.88
(EUR 36.00)
(+ buyer's premium)
See the sales

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