Catalog
10 Roubles
| Issuer | Government Bank, Yerevan Branch |
|---|---|
| Year | 1919 |
| Type | Standard circulation banknote |
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| Obverse description | Pink-brown note of uniface typeset design on plain paper, with the vertical legend ГОСУДАРСТВЕННЫЙ БАНК running along the left margin. The upper portion carries the branch heading ЭРИВАНСКОЕ ОТДѢЛЕНІЕ flanked by Armenian script, below which the issuing authority ГОСУДАРСТВЕННАГО БАНКА is set in bold letterpress. A text body in Cyrillic script states the bearer clause authorizing payment of ten roubles from the Erivan Branch of the State Bank, with the denomination 10 rendered in large numerals at right. Two manuscript signatures appear at the foot, attributed to the Minister-President and the Director of the Ministry of Finance, above a lower legend confirming mandatory circulation on par with credit notes. |
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| Reverse description | Reverse is blank, the note being uniface; show-through of the obverse letterpress impression is visible on the plain paper stock. |
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| Comments |
Armenia's 1919 rouble issues were produced under conditions of extreme political instability — the short-lived First Republic was simultaneously fighting territorial disputes with Georgia, Azerbaijan, and Turkey while managing near-total economic collapse. The Yerevan branch of the Government Bank operated essentially independently, issuing notes because it had no other mechanism for meeting even basic state payroll obligations.
P#15 is among the lower denominations of this series, which ran to increasingly large values as inflation accelerated through 1919 and into 1920. The Soviet takeover in November 1920 rendered the entire rouble series worthless almost overnight.