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10 Roubles
| Issuer | Government Bank, Yerevan Branch |
|---|---|
| Year | 1919 |
| Type | Standard circulation banknote |
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| Composition | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
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| Reverse description | Reverse is blank, the note being uniface; show-through of the obverse letterpress impression is visible on the plain paper stock. |
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| Variants | P#15a - issued note P#15x - misprint with text: ГОЧУДАРЧТВЕННАГО P#15y - misprint with underprint inverted P#15z - misprint with text: ДЕЕЧЯТЬ |
| Comments |
Armenia's 1919 rouble issues were produced under conditions of extreme political instability — the short-lived First Republic was simultaneously fighting territorial disputes with Georgia, Azerbaijan, and Turkey while managing near-total economic collapse. The Yerevan branch of the Government Bank operated essentially independently, issuing notes because it had no other mechanism for meeting even basic state payroll obligations.
P#15 is among the lower denominations of this series, which ran to increasingly large values as inflation accelerated through 1919 and into 1920. The Soviet takeover in November 1920 rendered the entire rouble series worthless almost overnight.