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100 Roubles

Issuer Government Bank, Yerevan Branch
Year 1919
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Currency Rouble (1918-1920)
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Obverse description Plain cream-toned paper with a pale guilloche underprint. The central text area bears a Cyrillic letterpress inscription identifying this as a special treasury cheque of the Government of the Republic of Armenia, issued by the Erivan Branch of the State Bank, with the date August 1919 and the denomination 100 roubles printed in bold at upper right. Two manuscript signatures of ministerial officials appear at the lower centre, above a cautionary Cyrillic legend at foot.
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Reverse description Plain cream paper with a faint guilloche underprint. A Cyrillic letterpress text states that the cheque has been accepted by the Erivan Branch of the State Bank and is payable by the Branch from 15 January 1920. Below this, three manuscript signatures appear against the printed designations of the Manager of the Erivan Branch of the State Bank, the Controller, and the Cashier.
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Comments

Armenia's brief period of independence between 1918 and 1920 produced a chaotic monetary situation in which the Yerevan Branch of the Government Bank issued notes denominated in roubles — the currency of the empire that had just collapsed — simply because no alternative infrastructure existed. The Armenian Republic lacked both a central bank and a printing facility, so these notes were produced under severe material constraints, with quality varying considerably across the series.

Pick 22 is among the higher denominations of the 1919 issue. The Republic was absorbed by Soviet forces in late 1920, rendering the entire rouble series worthless almost immediately after its peak circulation period.

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