Lot of two banknotes - the original ruble (1994) and the overprinted 10,000 rubles (double date - the original 1994 and the new 1998), re-denominated as 10000 rubles. Pick#16 and #29a.

Uncirculated, the serial numbers might differ from the ones on the picture. The 10000 rubles is a fascinating inflationary note.

In Transnistria, the Transnistrian ruble experienced severe inflation in the 1990s, leading the authorities to increase denominations on existing banknotes rather than immediately print new ones. One notable example is the 1 ruble note originally issued in 1994, which was overprinted in 1998 with new text and numerals to change its face value to 10 000 rubles (10 000 купон рублей) and include the phrase “Выпуск 1998 года” (“1998 issue”). This overprint was done by Goznak in Russia for the Transnistrian Republican Bank to meet demand for higher-value notes amid inflation, and the overprint appears on both the front and back, replacing the original denomination markings. 

Transnistria, officially the Pridnestrovian Moldavian Republic, is a breakaway state in eastern Europe located along the Dniestr River, between Moldova and Ukraine. It emerged during the collapse of the Soviet Union, declaring independence from Moldova in 1990 amid fears among its largely Russian- and Ukrainian-speaking population of Moldovan nationalism and possible unification with Romania. After a brief but violent war in 1992, Transnistria became a de facto independent entity, supported militarily and economically by Russia, though it remains internationally unrecognized and is legally considered part of Moldova. It maintains its own government, military, currency, and institutions, functioning as a frozen-conflict state in post-Soviet geopolitics.