Eastern Ukraine was a former territory of Russia before it gained its independence on January 22, 1918. But before the official declaration of independence, the region had already designed its own set of currency stamps, the five-value set perforated 11 ½, which were used in lieu of the usual coins due to the limited supply of metals required for the making of coins. The currency stamps carried some identifiable designs so that people could recognize what they were holding. The currency stamps were overprinted with a trident and the words ‘circulated in lieu of coins’, meaning these currency stamps were temporary replacement for the coins.
Though these currency stamps were not designed to be used as official stamps for sending mail and documents, three items were to be found in... Read More