Catalog
10 000 Roubles
| Issuer | Government Bank, Yerevan Branch |
|---|---|
| Year | 1919 |
| Type | Standard circulation banknote |
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| Obverse description | Green-tinted cheque-style note with a fine geometric border frame. The heading in Cyrillic reads ЭРИВАНСКОЕ ОТДЕЛЕНИЕ ГОСУДАРСТВЕННОГО БАНКА (Erivan Branch of the State Bank), with the sub-inscription indicating it is a special current account of the Government of the Republic of Armenia; the denomination 10,000 rubles is stated in large printed numerals at the right and in words at the center. Date of issue (August 1919) and series/number are printed in the body of the note, with two manuscript signatures of the Minister and Minister of Finance at the lower portion. |
|---|---|
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| Variants | P#29a - issued note P#29x - misprint with numerals of value reversed P#29y - misprint with text on back P#29z - misprint with margin text from top to bottom at left |
| Comments |
Armenia's brief experiment with independent paper currency during 1919–1920 produced notes under extraordinary pressure — the Yerevan-based Government Bank was operating in a state barely two years old, besieged by territorial disputes with Azerbaijan and Georgia, and facing near-total economic collapse. The 10,000 Rouble denomination reflects runaway inflation that rendered smaller notes nearly worthless within months of printing.
Pick 29 belongs to the later Armenian rouble series, printed domestically under severe material constraints. Paper quality varies considerably across surviving examples — not a grading caveat, but a documented production reality, as wartime shortages forced the use of inconsistent stock. The series was effectively rendered obsolete when Soviet forces entered Yerevan in late November 1920.