Catalog
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| Issuer | Federation of Socialist Soviet Republics of Transcaucasia |
|---|---|
| Year | 1923 |
| Type | Log in to see details |
| Value | 10 000 000 Roubles (10 000 000) |
| Currency | Log in to see details |
| Composition | Log in to see details |
| Size | Log in to see details |
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| Engraver(s) | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | A large five-pointed star occupies the centre of the note, enclosing a circular state arms vignette with a rising sun and crossed hammer and sickle motif set within a decorative guilloche border. The denomination 10,000,000 is rendered in large numerals to the left and right of the central star, with the value expressed in Russian, Georgian, Armenian, and Arabic scripts. The year 1923 appears at the base of the central design within an ornamental frame. |
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| Protection type | Watermark |
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| Comments |
The Federation of Socialist Soviet Republics of Transcaucasia — uniting Armenia, Azerbaijan, and Georgia — existed as a distinct political entity only from 1922 until its absorption into the USSR at the end of 1922, though its currency apparatus lingered into 1923. Notes of this federation occupy an odd transitional niche: the Transcaucasian ruble was running parallel to, and rapidly being overtaken by, the Soviet chervonets reform that Gosbank launched in late 1922 to stabilize the catastrophic hyperinflation that had driven denominations into the tens of millions.
The P#S622 is among the highest denominations in the Transcaucasian series — a direct artifact of that inflation, not an administrative choice.