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| 正面描述 | Central cartouche with Cyrillic inscription ОДИН МИЛЛИАРД РУБЛЕЙ (One Billion Roubles) flanked by ornate guilloche borders and decorative foliate vignettes at left and right. The arms of the Z.S.F.S.R. appear at upper left within an oval frame, with the header inscription ДЕНЕЖНЫЙ ЗНАК З.С.Ф.С.Р. across the top. Trilingual inscriptions in Russian, Georgian, and Armenian appear in the lower central area, with the numeral 1 in a panel at right, dated 1924, and a single facsimile signature at bottom centre. |
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| 正面铭文 | ДЕНЕЖНЫЙ ЗНАК З.С.Ф.С.Р. ОДИН МИЛЛИАРД РУБЛЕЙ 1 МИЛЛИАРД 1924 |
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The Transcaucasian SFSR was a short-lived federation of Armenia, Azerbaijan, and Georgia, created in 1922 partly to dilute nationalist tensions and partly to ease the region into Soviet economic structures. This note was issued during the catastrophic hyperinflationary collapse of the early Soviet ruble system — the denomination reaching one billion roubles is not an eccentricity but a direct record of how completely the currency had disintegrated by 1924.
The federation itself was dissolved in 1936 when Stalin reorganized the Caucasus into three separate Soviet republics, making the entire TSFSR note series among the briefest-lived regional emissions in Soviet monetary history.