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25 Roubles

Issuer Khorezm People's Soviet Republic
Year 1921
Type Standard circulation coin
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Obverse description The obverse is entirely occupied by a multi-line inscription in Arabic script rendered in flowing Nasta'liq calligraphy, divided into two registers by a horizontal line across the field. The upper register contains the Hijri date 1339 and the denomination expressed as '25 Manats' in Arabic numerals and text, while the lower register bears the mint and authority legend reading 'zarb fulus Khwarezm shuralar qarari ilan' (struck in copper by decree of the Khwarezm Soviets). The lettering fills the coin face to the rim with no decorative border, and two varieties (Y#16.1 and Y#16.2) are distinguished by the starting position of the legend — Y#16.1 commencing with 'Khwarezm' and Y#16.2 with 'shuralar'. The hand-struck, utilitarian character of the issue is reflected in the irregular flan and the bold, unornamented treatment of the calligraphic text.
Obverse script Arabic
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Additional information

Khorezm — the ancient oasis state centered on the lower Amu Darya — briefly existed as a nominally independent Soviet republic after Bolshevik forces ousted the Khan in 1920. It lasted only until 1923, when it was absorbed into the USSR. This coin was struck during that narrow window of theoretical sovereignty, and the two catalog varieties (Y#16.1 and Y#16.2) differ in die alignment, a detail consistent with the improvised minting conditions of a state that was effectively a Russian protectorate operating its own currency out of administrative necessity rather than genuine independence.

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