Russia new 1,000-ruble note

On 10 August 2010, Bank of Russia issued a new 1,000-ruble (US$33.20) note with improved security features, including a translucent band, OVI bank logo, SPARK patch with bear on shield, rainbow moire pattern, electrotype 1000 watermark, solid security thread with demetalized 1000, microperf, intaglio printing, microprinting, and a slightly darker and refined picture of Yaroslavl kremlin chapel, and Yaroslav I the Wise, as well as a number of changes to shading lines and margins. The new note is aimed at fighting counterfeiters. Older notes of the same denomination issued in 1997 and 2004 (Pick 277) will be removed from circulation as they wear out, but remain legal tender.