1 Rouble Orenburg

The Orenburg Branch of the State Bank issued its own emergency fractional notes in 1918 as the civil war severed regular currency supply lines from Moscow and Petrograd. Orenburg was a contested city — it changed hands multiple times between Bolshevik and White forces between 1917 and 1919 — and locally issued scrip was an unavoidable practical measure rather than a political statement.

The S-prefix in the Pick reference places this firmly in the South Russia / Regional Issues catalog, alongside dozens of similarly desperate municipal and branch emissions from the same period. Many did not survive in quantity; circulation was short, redemption uncertain, and storage conditions poor during the subsequent decades of Soviet administration.