Catalog
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| Issuer | Banque Nationale de Géorgie (საქართველოს ს. ს. რესპუბლიკის ბანკი) |
|---|---|
| Year | 1922 |
| Type | Log in to see details |
| Value | 1 000 000 Roubles (1 000 000) |
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| Obverse description | Central vignette of an ornate oval medallion with intricate guilloche scrollwork, flanked by the denomination '1000000' printed vertically on the left margin. The upper portion carries the Georgian-script institution name and French inscription 'BON de la BANQUE NATIONALE de GEORGIE' along the left border. Dated '31 მაისს 1922' (31 May 1922) at lower right, with three manuscript signature lines below the Georgian text body and a serial number in the lower margin. |
|---|---|
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| Reverse lettering | 1000000 მანეთი |
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| Comments |
By mid-1922, Georgia had already been absorbed into the Soviet system following the Red Army's invasion of February 1921, yet the Banque Nationale de Géorgie continued issuing notes under its old name while hyperinflation made denominations of this size routine rather than exceptional. The million-rouble figure reflects not wealth but the speed at which the Transcaucasian monetary system was collapsing — the same inflationary spiral that was simultaneously destroying the rouble across the former Russian empire.
Printed locally in Tiflis under constrained postwar conditions, the production quality is noticeably rougher than earlier Georgian issues from the independence period, 1919–1921.