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10 000 Roubles

Issuer Khorezm People's Soviet Republic
Year 1921
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Currency Rouble (1920-1925)
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Obverse description Central vignette of a circular medallion surrounded by a floral vine border of stylised roses in pink and green, enclosing Arabic-script inscriptions and a decorative motif. The denomination "10000" appears at upper left and a serial number at lower left, with the date in Arabic numerals at bottom centre within a rectangular panel.
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Reverse description Large Cyrillic denomination inscription "РУБЛЕЙ" dominates the centre, flanked by the numeral "1000" on each side, all set against a guilloche underprint pattern. Two symmetrical floral vignettes in green and pink appear beneath the central text. Multiple lines of Arabic-script legend run across the upper portion of the note, with an additional inscription band along the lower margin.
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The Khorezm People's Soviet Republic was a short-lived Soviet satellite state carved out of the former Khanate of Khiva in 1920, after Red Army forces deposed Khan Sayid Abdullah. It issued its own currency not out of monetary independence but out of practical necessity — the region was geographically isolated, and Bolshevik central banknote supply was unreliable at best during the Civil War period.

The 1921 series, of which this 10,000 rouble note is a part, was produced under conditions of extreme administrative fragility. Khorezm was absorbed into the Soviet system by 1923, making the entire currency series obsolete within roughly two years of issue.

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