The Khorezm People's Soviet Republic was a short-lived Soviet client state established in 1920 after the Red Army dismantled the Khanate of Khiva. It issued its own coinage only briefly before being absorbed into the Soviet system and formally dissolved in 1924. The 100 Rouble denomination in bronze reflects the severe inflation already gripping the region — a face value that would have seemed absurd in hard metal just years earlier.
Mintages were small and local distribution uneven. Survivors in any condition are scarce.
The Khorezm People's Soviet Republic was a short-lived Soviet client state established in 1920 after the Red Army dismantled the Khanate of Khiva. It issued its own coinage only briefly before being absorbed into the Soviet system and formally dissolved in 1924. The 100 Rouble denomination in bronze reflects the severe inflation already gripping the region — a face value that would have seemed absurd in hard metal just years earlier.
Mintages were small and local distribution uneven. Survivors in any condition are scarce.