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53: ANONYMOUS ARTIST. Deposits Are the Engine ...c.1927

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Lot 0053 Details

Description
Vnosite vklady v kassu NK TsRK! Vklady – dvigatel' Kooperatsii. [Deposit Your Money with NK TsRK! Deposits Are the Engine of the Cooperative Movement!], NK TsRK, Nizhny Novgorord, [1927], 106 x 71 cm.

This expressive Constructivist poster regional poster was ordered by the Nizhne Kanavin Central Workers Cooperative that, with State support, came to control the retail trade in Nizhny Novgorod, one of the largest cities in Russia. The dating is tentative, and is based primarily on the observation of unusually high interest rates on deposits promised. Interest rates paid by State and Cooperative banks spiked in 1927, when the Government was trying to raise additional funds before launching the industrialization campaign. For the history of interest rates in the Soviet Union, see A History of Interest Rates, by Sidney Home and Richard Eugene Sylla.

Search extension words: Russian poster, Soviet poster.
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53: ANONYMOUS ARTIST. Deposits Are the Engine ...c.1927

Estimate $800 - $1,200Apr 22, 2012
Starting Price $800
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