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1000 Roubles 1992 state loan

Issuer Republic of Georgia
Year 1992
Type Pattern or trial banknote
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Obverse description Multicolour bond with intricate guilloche underprint in blue and pink. Upper left oval cartouche carries the Georgian inscription for Republic of Georgia; to the right, the main text in Mkhedruli script states the bond denomination of one thousand roubles. An intaglio vignette at right centre presents a seated allegorical female figure within an ornate oval frame, with the numeral 1000 in large letterpress at lower left.
Obverse lettering საქართველოს
რესპუბლიკა
სახელმწიფო შინაგანი მომგებიანი სესხი
20960 1992
ობლიგაცია №
026
თანრიგი 01
ობლიგაცია თანხით
ერთი ათასი მანეთი
1000
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Comments

Georgia declared independence from the Soviet Union in April 1991, but the newly sovereign republic had no printing infrastructure of its own. This note was produced by Goznak in Russia — the same state security printer that had supplied Soviet currency for decades — making it an odd artifact of a government simultaneously breaking from Moscow while still depending on its facilities. The "state loan" designation reflects an interim financing mechanism used while Georgia scrambled to establish monetary independence before introducing the lari in 1995.

High inflation rendered the entire coupon series effectively worthless within months of issue.

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