 From the denominations in 1/2, 2 and 50 chervontsy it was decided to be refused.Although, in 1928 a note with value of 2 chervontsy went into circulation.On banknotes it was recorded that 1 chervonets contains 1 spool and 78.24 shares (7.74 grams) of pure gold, and that "the beginning of the exchange is established by a special governmental act".