No Products in the Cart
Features:
The obverse features a portrait of Sergei Mavrodi, the founder of MMM. The design includes Cyrillic lettering, indicating the denomination and the issuer.
Lettering (Cyrillic):
Translation:
"Sergei Mavrodi, 10 tickets."
The reverse showcases the denomination "10" alongside the MMM logo in bold Cyrillic script.
The 10 Tickets from MMM (МММ) represent a unique piece of Russian economic history. MMM was a controversial company involved in one of the largest Ponzi schemes in history during the 1990s. The scheme attracted millions of investors, leading to significant financial losses when it ultimately collapsed. Estimates suggest that 5 to 10 million people lost their savings in the scheme.
Interestingly, contemporary reports indicate that many investors were aware of the high-risk and fraudulent nature of the scheme but participated in hopes of withdrawing their money before the system failed. The vouchers issued by MMM, like this 10 Ticket, were used as trade instruments within the scheme, making them both a financial relic and a cautionary tale in modern economics.
Collector’s Note:
This paper voucher serves as a testament to the speculative financial phenomena of the 1990s in Russia and is a valuable addition to any collection of economic or historical exonumia.
