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| Issuer | Government Bank, Yerevan Branch |
|---|---|
| Year | 1919 |
| Type | Standard circulation banknote |
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|---|---|
| Obverse lettering | ЭРИВАНСКОЕ ОТДЕЛЕНИЕ ГОСУДАРСТВЕННАГО БАНКА Специальный ток. счет Правительства Республ. Армении Сер. Н. 15 № 119 Руб. 25 Руб. Эривань, Августъ 1919 г. Предъявитель сего чека имеетъ получить изъ Эриванскаго Отделенiя Государственнаго Банка двадцать пять рублей. Министръ — Председатель Управляющiй Министерствомъ Финансовъ Наст. токъ имеетъ обязательное хожденiе наравне съ кредитными билетами. |
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| Variants | P#16a - issued note P#16x - misprint with text "Гочударчтвеннаго" P#16y - misprint with text "двадцашь" |
| Comments |
Armenia's short-lived first republic issued this note through the Yerevan branch of what had been the Russian imperial banking network — the Government Bank infrastructure simply carried over after the collapse of Transcaucasian federation arrangements in 1918. The new Armenian government had virtually no time to establish an independent monetary framework before Soviet forces arrived in late 1920, meaning this entire series had an effective lifespan of under two years.
Counterfeiting was a documented problem across all Armenian issues of this period, compounded by primitive local printing facilities and paper supply disruptions from ongoing regional conflict with Ottoman and later Turkish nationalist forces.