Product Description
SCWPM.#70a - TBB.#B213a - Date: 1992
Grade: Unc. - Signature: 8 - Prefix: AC
Description: Colour: Bluish gray.
Front: Anthropologist, naturalist, and geographer Karl Ernst von Baer.
Back: Tartu University building; clouds.
Solid security thread with printed EESTI PANK.
Watermark: Tall Hermann Tower of Toompea Castle.
Printer: (USBNC). - Size: 140 x 69 mm. - Material: Paper.
General information: 1991 - 1992 Issues
On 20 August 1991, Estonia formally declared independence from the USSR, which recognized the declaration on 6 September.
Estonia was the first former Soviet republic to introduce its own currency, which it did on 20 June 1992, replacing the Soviet ruble with the Estonian kroon at a rate of 10:1.
History: 1944 - 1992 Soviet Issues
On 16 June 1940, in the midst of World War II, the Soviet Union invaded Estonia.
On 6 August, Estonia was annexed by the Soviet Union as the Estonian SSR.
On 22 June 1941, Germany initiated Operation Barbarossa, suddenly attacking the USSR, its former ally and co-signer of the Molotov–Ribbentrop non-aggression pact of 23 August 1939. German troops quickly advanced into Estonia and drove out the Soviets. Germans were initially greeted as liberators, although the hopes for the restoration of Estonias independence were soon dashed when Belarus, Estonia, Latvia, and Lithuania were incorporated into a common administrative region called the Reichskommissariat Ostland, to be exploited and treated as a German colony.
In mid-1944, Soviet forces defeated the occupying German troops in Estonia, and the country was subsequently incorporated into the Soviet financial system. Soviet rubles circulated as legal
tender until 1992.
Source: The Banknotebook
