 This money was completely provided by the state with reserves of precious metals and foreign currency, goods and bills of reliable enterprises.Already before their release, the pre-revolutionary gold ruble became the basis for financial calculations in the RSFSR, and in 1922 it was legalized as a payment instrument .November 27, 1922 began the circulation of banknotes in denominations of 1, 3, 5, 10 and 25 chervontsy.