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25 Roubles

Issuer Government Bank, Yerevan Branch
Year 1919
Type Standard circulation banknote
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Obverse description Treasury cheque-style note issued by the Erivan Branch of the State Bank on behalf of the Government of the Republic of Armenia, with the large denomination numeral 25 at centre flanked by Cyrillic abbreviations РУБ. on either side. A vertical panel along the left margin carries the institution name in Cyrillic letterpress, and the body text states the bearer's right to receive twenty-five roubles from the Erivan Branch of the State Bank. The note is dated Erivan, August 1919, with series and serial number Сер. Ж. № 0114 at lower left, and bears two manuscript signatures below the titles Министр-Председатель and Управляющий Министерством Финансов.
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Reverse lettering Настоящій чекъ акцептованъ Эриванскимъ Отдѣленіемъ Государственнаго Банка и подлежитъ оплатѣ Отдѣленіемъ Банка съ 15 Ноября 1919 г.
Управляющій Эриванскимъ Отдѣ. Государственнаго Банка
Контролёръ
Кассиръ
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Comments

Armenia's brief period of independence — declared in May 1918 after the collapse of the Russian Empire — forced the Yerevan-based government to improvise a monetary system almost from scratch. The Government Bank's early issues, including this 25 Rouble note, were printed under genuinely difficult conditions, with limited access to secure printing infrastructure and ongoing military pressure from multiple fronts simultaneously.

Pick 3 belongs to the first substantive Armenian rouble series, predating the Soviet absorption of the republic in late 1920. Notes from this period were often poorly received by a population already conditioned to distrust paper currency after years of wartime inflation under Russian and then Transcaucasian Federation issues.

The series was rendered worthless within roughly two years of issue.

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